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Average Salary in Uruguay 2023

How much money does a person working in Uruguay make?


Average Monthly Salary
33,000 UYU
( 396,000 UYU yearly)

LOW
8,340
UYU
AVERAGE
33,000
UYU
HIGH
147,000
UYU

A person working in Uruguay typically earns around 33,000 UYU per month. Salaries range from 8,340 UYU (lowest average) to 147,000 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.

Pay Scale and Salaries in Uruguay

Median and salary distribution Uruguay monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
64,500 UYU or more
10% of people earn
50,500 to 64,500 UYU
20% of people earn
19,600 UYU or less
65% of people earn
19,600 to 50,500 UYU
Minimum Salary
8,340 UYU
Median
29,600 UYU
Maximum
147,000 UYU


Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Uruguay range from 8,340 UYU per month (starting salary) to 147,000 UYU per month (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 29,600 UYU per month, which means that half (50%) of the population are earning less than 29,600 UYU while the other half are earning more than 29,600 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 and Salary Scale

    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 21,400 UYU while 75% of them are earning more than 21,400 UYU. Also from the diagram, 75% of the population are earning less than 44,800 UYU while 25% are earning more than 44,800 UYU.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 19,600 UYU to 50,500 UYU. Approximatly 20% fall under the 19,600 UYU cap. Ten percent of wages are from 50,500 UYU to 64,500 UYU. Only 5% of people grossed 64,500 UYU or more.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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
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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 165,000 Uruguayan Peso(s) to 494,000 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 and Compensation Comparison By Gender

Salary comparison by gender Uruguay monthly
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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 7% more than their female counterparts on avergae across all sectors.

Male
34,000 UYU
Female-7%
31,600 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
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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 2022

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 2022. 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

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates in Uruguay

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Uruguay
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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.

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.

Average Salary 2019
29,300 UYU
Average Salary 2020+4%
30,300 UYU
Average Salary 2021+3%
31,200 UYU
Average Salary 2022+2%
31,800 UYU
Percentage increase and decrease are relative to the previous value

Salaries in Uruguay are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 2% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Uruguay
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Salaries for popular jobs. Salaries by occupations.

Job TitleAverage Salary
Accounting and Finance
Accountant22,700 UYU
Accounting Assistant18,300 UYU
Accounting Manager49,100 UYU
Bookkeeper15,600 UYU
Chartered Accountant29,800 UYU
Corporate Treasurer47,200 UYU
Financial Analyst40,500 UYU
Financial Manager63,800 UYU
Internal Auditor32,900 UYU

Administration / Reception / Secretarial
Administrative Assistant16,700 UYU
Office Manager27,700 UYU
Receptionist12,700 UYU
Secretary14,700 UYU

Advertising / Grapic Design / Events
Art Director31,400 UYU
Creative Director32,000 UYU
Graphic Designer21,500 UYU
Photographer18,200 UYU

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer41,300 UYU
Air Traffic Controller36,600 UYU
Flight Attendant22,400 UYU
Pilot59,200 UYU

Architecture
Architect40,600 UYU
CAD Drafter17,700 UYU

Automotive
Mechanic12,900 UYU
Service Advisor22,800 UYU

Banking
Bank Branch Manager57,400 UYU
Teller12,000 UYU

Bilingual
Teacher24,500 UYU
Translator29,800 UYU

Business Planning
Business Analyst42,000 UYU
Business Development Manager50,900 UYU
Project Manager35,900 UYU

Care Giving and Child Care
Nanny14,000 UYU
Nursery Teacher12,000 UYU

Construction / Building / Installation
Civil Engineer30,100 UYU
Construction Project Manager55,500 UYU
Health and Safety Officer14,900 UYU

Customer Service and Call Center
Call Center Representative12,800 UYU
Customer Service Manager45,000 UYU
Customer Service Representative12,900 UYU

Engineering
Electrical Engineer31,800 UYU
Engineer32,500 UYU
Mechanical Engineer31,700 UYU

Executive and Management
Chief Executive Officer77,200 UYU
Chief Financial Officer68,000 UYU
General Manager58,400 UYU

Food / Hospitality / Tourism / Catering
Chef21,600 UYU
Executive Chef24,000 UYU
Hotel Manager60,300 UYU
Travel Agent22,000 UYU
Waiter / Waitress10,300 UYU

Health and Medical
Dentist78,700 UYU
Dietitian65,500 UYU
Laboratory Technician25,200 UYU
Nurse25,100 UYU

Human Resources
Human Resources Manager51,600 UYU
Human Resources Officer19,100 UYU

Information Technology
Computer Technician24,600 UYU
Database Administrator31,400 UYU
Developer / Programmer33,200 UYU
Information Technology Manager57,600 UYU
Network Engineer28,600 UYU

Law Enforcement / Security / Fire
Police Officer19,500 UYU

Legal
Attorney61,900 UYU
Legal Assistant17,200 UYU

Media / Broadcasting / Arts / Entertainment
Journalist38,200 UYU

Pharmaceutical and Biotechnology
Biomedical Engineer28,100 UYU
Pharmacist43,900 UYU

Sales Retail and Wholesale
Cashier12,400 UYU
Sales Manager60,000 UYU
Sales Representative21,100 UYU

Teaching / Education
Elementary School Teacher23,400 UYU
Secondary School Teacher26,600 UYU

Average Hourly Wage in Uruguay


190 UYU per hour

The average hourly wage (pay per hour) in Uruguay is 190 UYU. This means that the average person in Uruguay earns approximately 190 UYU for every worked hour.


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

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

This minimum pay rate per hour for a person in Uruguay is 48 UYU. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Montevideo36,400 UYU

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 Uruguay earn 9% more than their private sector counterparts on average across all sectors.

Private Sector
31,400 UYU
Public Sector+9%
34,100 UYU
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Uruguay?

It is extremely difficult to give an exact figure of a good salary when no specific job is selected, however; an estimate can be provided based purely on the cost of living. A good compensation in Uruguay would range anywhere between 29,600 UYU and 44,800 UYU.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary in Uruguay is ranges from 21,400 UYU to 44,800 UYU. The base salary depends on many factors including profession, experience, and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.


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


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