HOME COMPARE YOUR SALARY COST OF LIVING CALCULATOR
Home
Compare Your Salary
Average Salaries
Best Paying Jobs
Salary Increase Letter
Career Articles
Cost of Living Calculator

Average Salary in Uruguay 2020

How much money does a person working in Uruguay make?


Average Monthly Salary
133,000 UYU
( 1,600,000 UYU yearly)

LOW
18,000
UYU
AVERAGE
133,000
UYU
HIGH
589,000
UYU

A person working in Uruguay typically earns around 133,000 UYU per month. Salaries range from 18,000 UYU (lowest average) to 589,000 UYU (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Uruguay

Median and salary distribution monthly Uruguay
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/uruguay/median-and-salary-distribution-monthly-uruguay.jpg

The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Uruguay range from 18,000 UYU per month (minimum salary) to 589,000 UYU per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 136,000 UYU per month, which means that half (50%) of the population are earning less than 136,000 UYU while the other half are earning more than 136,000 UYU. 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 the population are earning less than 69,100 UYU while 75% of them are earning more than 69,100 UYU. Also from the diagram, 75% of the population are earning less than 369,000 UYU while 25% are earning more than 369,000 UYU.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 Uruguay costs anywhere from 665,000 Uruguayan Peso(s) to 1,990,000 Uruguayan Peso(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender monthly Uruguay
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/uruguay/salary-comparison-by-gender-monthly-uruguay.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Uruguay earn 10% more than their female counterparts.

Female
126,000 UYU
Male+10%
138,000 UYU
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Uruguay

How much are annual salary increments in Uruguay? How often do employees get salary raises?

Uruguay

Employees in Uruguay are likely to observe a salary increase of approximately 7% every 19 months.

Annual Salary Increment Rate Uruguay
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/uruguay/annual-salary-increment-rate-uruguay.jpg


The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

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

The average salary increase in one year (12 months) in Uruguay is 4%.

Annual Increment Rate By Industry 2019

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Listed above are the average annual increase rates for each industry in Uruguay 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.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Bonus and Incentive Rates in Uruguay

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Uruguay
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/uruguay/annual-salary-bonus-rate-uruguay.jpg

49% of surveyed staff in Uruguay reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
51%
No Bonus
49%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Uruguay
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/uruguay/public-vs-private-sector-salaries-monthly-uruguay.jpg

Where can you get paid more, working for a private company or for the government? Public sector employees in Uruguay earn 9% more than their private sector counterparts.

Private Sector
126,000 UYU
Public Sector+9%
137,000 UYU
Percentage increase and decrease are relative to the previous value

Salary Trend and Forecast in Uruguay

How are Uruguay salaries changing over time? The chart below shows the average salary change in the past few years.

Salary trends and forecast monthly Uruguay
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/uruguay/salary-trends-and-forecast-monthly-uruguay.jpg
Average Salary 2016
118,000 UYU
Average Salary 2017+4%
122,000 UYU
Average Salary 2018+3%
126,000 UYU
Average Salary 2019+2%
128,000 UYU
Percentage increase and decrease are relative to the previous value

Salaries in Uruguay are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant88,900 UYU
Accounting Assistant88,300 UYU
Accounting Manager172,000 UYU
Bookkeeper70,600 UYU
Chartered Accountant114,000 UYU
Corporate Treasurer245,000 UYU
Financial Analyst132,000 UYU
Financial Manager258,000 UYU
Internal Auditor143,000 UYU

Administration / Reception / Secretarial
Administrative Assistant66,700 UYU
Office Manager87,600 UYU
Receptionist97,900 UYU
Secretary70,200 UYU

Advertising / Grapic Design / Events
Art Director124,000 UYU
Creative Director131,000 UYU
Graphic Designer93,900 UYU
Photographer88,700 UYU

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer141,000 UYU
Air Traffic Controller135,000 UYU
Flight Attendant112,000 UYU
Pilot163,000 UYU

Architecture
Architect122,000 UYU
CAD Drafter104,000 UYU

Automotive
Mechanic72,000 UYU
Service Advisor104,000 UYU

Banking
Bank Branch Manager185,000 UYU
Teller86,000 UYU

Bilingual
Teacher97,900 UYU
Translator114,000 UYU

Business Planning
Business Analyst160,000 UYU
Business Development Manager194,000 UYU
Project Manager143,000 UYU

Care Giving and Child Care
Nanny85,000 UYU
Nursery Teacher91,400 UYU

Construction / Building / Installation
Civil Engineer118,000 UYU
Construction Project Manager158,000 UYU
Health and Safety Officer84,200 UYU

Customer Service and Call Center
Call Center Representative93,700 UYU
Customer Service Manager175,000 UYU
Customer Service Representative96,300 UYU

Engineering
Electrical Engineer127,000 UYU
Engineer125,000 UYU
Mechanical Engineer131,000 UYU

Executive and Management
Chief Executive Officer309,000 UYU
Chief Financial Officer271,000 UYU
General Manager234,000 UYU

Food / Hospitality / Tourism / Catering
Chef113,000 UYU
Executive Chef117,000 UYU
Hotel Manager198,000 UYU
Travel Agent113,000 UYU
Waiter / Waitress78,200 UYU

Health and Medical
Dentist315,000 UYU
Dietitian302,000 UYU
Laboratory Technician101,000 UYU
Nurse101,000 UYU

Human Resources
Human Resources Manager189,000 UYU
Human Resources Officer103,000 UYU

Information Technology
Computer Technician98,500 UYU
Database Administrator125,000 UYU
Developer / Programmer119,000 UYU
Information Technology Manager201,000 UYU
Network Engineer114,000 UYU

Law Enforcement / Security / Fire
Police Officer102,000 UYU

Legal
Attorney183,000 UYU
Legal Assistant93,500 UYU

Media / Broadcasting / Arts / Entertainment
Journalist132,000 UYU

Pharmaceutical and Biotechnology
Biomedical Engineer112,000 UYU
Pharmacist155,000 UYU

Sales Retail and Wholesale
Cashier74,200 UYU
Sales Manager218,000 UYU
Sales Representative84,500 UYU

Teaching / Education
Elementary School Teacher93,700 UYU
Secondary School Teacher106,000 UYU

Average Hourly Wage in Uruguay


770 UYU per hour

The average hourly wage (pay per hour) in Uruguay is 770 UYU. This means that the average person in Uruguay earns approximately 770 UYU for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Salary Comparison By City

CityAverage Salary
Montevideo147,000 UYU
24119 - 14

Cost of Living Calculator

Salary Calculator

Salary Increase Letters

Cost of Living Comparison

Career Articles

Best Paying Jobs
HomePrivacy PolicySalary Comparison

©Salary Explorer 2018