Laboratory Technician Average Salary in Belize 2020
How much money does a Laboratory Technician make in Belize?
LOW
1,470
BZD AVERAGE
3,070
BZD HIGH
4,810
BZD
A person working as a Laboratory Technician in Belize typically earns around 3,070 BZD per month. Salaries range from 1,470 BZD (lowest) to 4,810 BZD (highest).
This is the average monthly salary including housing, transport, and other benefits. Laboratory Technician salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Laboratory Technician Salary Distribution in Belize
The median, the maximum, the minimum, and the range
Salary Range
Laboratory Technician salaries in Belize range from 1,470 BZD per month (minimum salary) to 4,810 BZD per month (maximum salary).
Median Salary
The median salary is 3,190 BZD per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 3,190 BZD while the other half are earning more than 3,190 BZD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Laboratory Technician(s) are earning less than 2,100 BZD while 75% of them are earning more than 2,100 BZD. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 4,160 BZD while 25% are earning more than 4,160 BZD.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
Laboratory Technician Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Laboratory Technician salaries by experience level and this is what we found.
A Laboratory Technician with less than two years of experience makes approximately 1,720 BZD per month.
While someone with an experience level between two and five years is expected to earn 2,440 BZD per month, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,210 BZD per month, 32% more than someone with two to five years of experience.
Additionally, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 3,950 BZD per month, 23% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 4,200 BZD per month, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 4,600 BZD per month, 10% more than people with fifteen to twenty years of experience.
Laboratory Technician average salary change by experience in Belize
| 0 - 2 Years | 1,720 BZD | |
| 2 - 5 Years | +42% | 2,440 BZD |
| 5 - 10 Years | +32% | 3,210 BZD |
| 10 - 15 Years | +23% | 3,950 BZD |
| 15 - 20 Years | +6% | 4,200 BZD |
| 20+ Years | +10% | 4,600 BZD |
Typical Salary Progress for Most Careers
Laboratory Technician Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Laboratory Technician(s) who have the same experience but different education levels.
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Laboratory Technician salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Laboratory Technician is 2,710 BZD per month.
While someone with a Master's Degree gets a salary of 3,880 BZD per month, 43% more than someone having a Bachelor's Degree degree.
Laboratory Technician average salary difference by education level in Belize
| Bachelor's Degree | 2,710 BZD | |
| Master's Degree | +43% | 3,880 BZD |
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Belize costs anywhere from 19,600 Belize Dollar(s) to 58,800 Belize Dollar(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Laboratory Technician Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Laboratory Technician employees in Belize earn 7% more than their female counterparts on average.
| Male | 3,210 BZD | |
| Female | -7% | 2,990 BZD |
Salary Comparison By Gender in Belize for all Careers
Laboratory Technician Average Annual Salary Increment Percentage in Belize
How much are annual salary increments in Belize for Laboratory Technician(s)? How often do employees get salary raises?
Laboratory Technician
Laboratory Technician(s) in Belize are likely to observe a salary increase of approximately 6% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Belize / All Professions
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Annual Increment Rate By Industry 2019
| Banking | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
Listed above are the average annual increase rates for each industry in Belize for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Laboratory Technician Bonus and Incentive Rates in Belize
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/belize/health-and-medical/healthcare-technical/laboratory-technician/annual-salary-bonus-rate-belize-laboratory-technician.jpg
A Laboratory Technician is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
86% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 14% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 14% | |
| No Bonus | 86% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Laboratory Technician Average Hourly Wage in Belize
18 BZD per hourThe average hourly wage (pay per hour) in Belize is 18 BZD. This means that the average Laboratory Technician in Belize earns approximately 18 BZD for every worked hour.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Laboratory Technician VS Other Jobs
The average salary for Laboratory Technician is 37% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Academic Clinician | 8,070 BZD |  +160% |
| Admitting Officer | 2,870 BZD |  -6% |
| Ambulance Dispatcher | 3,120 BZD | +2% |
| Ambulance Driver | 2,920 BZD | -5% |
| Ambulance Officer and Paramedic | 3,110 BZD | +1% |
| Ambulatory Services Director | 5,880 BZD | +92% |
| Anatomic Pathology Supervisor | 7,130 BZD | +130% |
| Anesthesia Technician | 4,330 BZD | +41% |
| Anesthesiologist | 12,600 BZD | +310% |
| Anesthesiology Assistant | 4,220 BZD | +38% |
| Assistant Optometrist | 3,570 BZD | +16% |
| Audiologist | 6,930 BZD | +130% |
| Biomedical Engineering Director | 5,650 BZD | +84% |
| Biomedical Engineering Technician | 3,030 BZD | -1% |
| Cardiac Technician | 2,710 BZD | -12% |
| Cardiovascular Specialist | 14,800 BZD | +380% |
| Cardiovascular Technologist | 5,760 BZD | +88% |
| Central Sterile Processing Technician | 3,560 BZD | +16% |
| Charge Entry Specialist | 3,880 BZD | +27% |
| Clinical Application Specialist | 3,680 BZD | +20% |
| Clinical Biochemist | 6,730 BZD | +120% |
| Clinical Cytogeneticist | 5,870 BZD | +91% |
| Clinical Data Reviewer | 3,760 BZD | +23% |
| Clinical Development Specialist | 4,800 BZD | +57% |
| Clinical Field Associate | 3,550 BZD | +16% |
| Clinical Genetic Technologist | 5,740 BZD | +87% |
| Clinical Microbiologist | 7,890 BZD | +160% |
| Clinical Molecular Geneticist | 6,720 BZD | +120% |
| Clinical Neuropsychologist | 7,920 BZD | +160% |
| Clinical Research Coordinator | 4,570 BZD | +49% |
| Clinical Scientist | 7,630 BZD | +150% |
| CME Specialist | 6,170 BZD | +100% |
| CT Technologist | 3,580 BZD | +17% |
| Cytogenetic Technologist | 5,460 BZD | +78% |
| Diagnostic Medical Sonographer | 4,640 BZD | +51% |
| Dispensing Optician | 3,770 BZD | +23% |
| Dosimetrist | 5,080 BZD | +66% |
| EKG Technician | 3,490 BZD | +14% |
| Endoscopic Assistant | 3,290 BZD | +7% |
| Endoscopy Technician | 3,170 BZD | +3% |
| Enterostomal Therapist | 5,220 BZD | +70% |
| Epidemiologist | 6,200 BZD | +100% |
| FGP Ultrasound Techncian | 3,310 BZD | +8% |
| Health Systems Specialist | 4,850 BZD | +58% |
| Health Technologist | 5,030 BZD | +64% |
| Healthcare Data Analyst | 3,950 BZD | +29% |
| Hearing Aid Specialist | 4,270 BZD | +39% |
| Histotechnologist | 4,930 BZD | +61% |
| Immunologist | 7,320 BZD | +140% |
| Industrial Hygienist | 4,880 BZD | +59% |
| Infection Control Coordinator | 3,640 BZD | +19% |
| Infection Control Practitioner | 8,260 BZD | +170% |
| Infection Preventionist | 6,060 BZD | +98% |
| Informatics Practice Specialist | 4,430 BZD | +44% |
| Interventional Radiographer | 6,140 BZD | +100% |
| Lab Assistant | 2,870 BZD | -6% |
| Laboratory Manager | 5,700 BZD | +86% |
| Laboratory Technician | 3,070 BZD | +0% |
| Low Vision Therapist | 6,920 BZD | +130% |
| Mammography Technician | 2,950 BZD | -4% |
| Medical Coder | 2,770 BZD | -10% |
| Medical Courier | 2,210 BZD | -28% |
| Medical Equipment Preparer | 3,160 BZD | +3% |
| Medical Forms Designer | 2,700 BZD | -12% |
| Medical Technologist | 3,370 BZD | +10% |
| MRI Technologist | 3,110 BZD | +1% |
| Music Therapist | 4,630 BZD | +51% |
| Neonatologist | 8,270 BZD | +170% |
| Neurodiagnostic Techncian | 3,160 BZD | +3% |
| Neuropsychology Testing Assistant | 2,710 BZD | -12% |
| Nuclear Medical Technician | 4,420 BZD | +44% |
| Nuclear Medicine Technolgoist | 4,560 BZD | +49% |
| Nutrition Assistant | 3,030 BZD | -1% |
| Occupaitional Therapy Assistant | 3,170 BZD | +3% |
| Operating Room Scheduler | 2,990 BZD | -2% |
| Operating Room Services Director | 8,590 BZD | +180% |
| Ophthalmic Assistant | 3,210 BZD | +5% |
| Ophthalmic Laboratory Technician | 3,280 BZD | +7% |
| Optician | 6,680 BZD | +120% |
| Orthopedic Technician | 3,270 BZD | +7% |
| Orthoptist | 8,800 BZD | +190% |
| Orthotist | 9,000 BZD | +190% |
| Pathology Assistant | 3,140 BZD | +2% |
| Perfusionist | 10,100 BZD | +230% |
| Phlebotomist | 2,460 BZD | -20% |
| Pre Authorization Case Manager | 4,570 BZD | +49% |
| Prosthetist | 7,260 BZD | +140% |
| Radiation Therapist | 11,200 BZD | +270% |
| Radiation Therapy Technologist | 4,540 BZD | +48% |
| Radiographer | 7,240 BZD | +140% |
| Radiography Technologist | 4,640 BZD | +51% |
| Radiologic Technologist | 4,520 BZD | +47% |
| Radiology Technologist | 4,450 BZD | +45% |
| Respiratory Care Practitioner | 8,530 BZD | +180% |
| Respiratory Therapist | 6,450 BZD | +110% |
| Respiratory Therapy Technician | 3,840 BZD | +25% |
| Sonographer | 4,420 BZD | +44% |
| Sonography Technologist | 4,640 BZD | +51% |
| Speech and Language Pathologist | 7,030 BZD | +130% |
| Ultrasonographer | 3,540 BZD | +15% |
| Ultrasound Technologist | 3,330 BZD | +9% |
| Vascular Technologist | 3,210 BZD | +5% |
| X-Ray Technologist | 4,490 BZD | +46% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Belize earn 21% more than their private sector counterparts on average across all sectors.
| Private Sector | 3,570 BZD | |
| Public Sector | +21% | 4,310 BZD |
