A person working as a Fuel Cell Engineer in Venezuela typically earns around 130,000 VES per month. Salaries range from 66,300 VES (lowest) to 200,000 VES (highest).
This is the average monthly salary including housing, transport, and other benefits. Fuel Cell Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Fuel Cell Engineer salaries in Venezuela range from 66,300 VES per month (minimum salary) to 200,000 VES per month (maximum salary).
The median salary is 127,000 VES per month, which means that half (50%) of people working as Fuel Cell Engineer(s) are earning less than 127,000 VES while the other half are earning more than 127,000 VES. 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.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Fuel Cell Engineer(s) are earning less than 87,200 VES while 75% of them are earning more than 87,200 VES. Also from the diagram, 75% of Fuel Cell Engineer(s) are earning less than 161,000 VES while 25% are earning more than 161,000 VES.
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
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 Fuel Cell Engineer salaries by experience level and this is what we found.
A Fuel Cell Engineer with less than two years of experience makes approximately 74,300 VES per month.
While someone with an experience level between two and five years is expected to earn 97,100 VES per month, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 136,000 VES per month, 40% more than someone with two to five years of experience.
Additionally, Fuel Cell Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 163,000 VES per month, 20% 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 177,000 VES per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 191,000 VES per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+31%|
|5 - 10 Years||+40%|
|10 - 15 Years||+20%|
|15 - 20 Years||+9%|
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 Fuel Cell Engineer salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of a Fuel Cell Engineer is 91,700 VES per month.
While someone with a Master's Degree gets a salary of 163,000 VES per month, 77% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Venezuela costs anywhere from 662,000 Bolivar Soberano(s) to 1,990,000 Bolivar Soberano(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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Fuel Cell Engineer employees in Venezuela earn 12% more than their female counterparts on average.
Fuel Cell Engineer(s) in Venezuela are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
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.
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
Listed above are the average annual increase rates for each industry in Venezuela for the year 2020. 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.
A Fuel Cell Engineer is considered to be a moderate 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.
64% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 36% 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.
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.
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.
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.
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.
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.
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.
The average salary for Fuel Cell Engineer is 9% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
|Job Title||Average Salary|
|Assistant Yard Manager||122,000 VES||-6%|
|Associate Analyst||137,000 VES||+5%|
|Associate Landman||57,400 VES||-56%|
|Auxiliary Equipment Operator||52,300 VES||-60%|
|Biomass Plant Technician||58,800 VES||-55%|
|Biomass Power Plant Manager||175,000 VES||+35%|
|Chemical Plant Operator||104,000 VES||-20%|
|Chief Contract Compliance Engineer||131,000 VES||+1%|
|Completions Engineer||120,000 VES||-8%|
|Cost Controller||87,200 VES||-33%|
|Crude Oil Marketing Representative||136,000 VES||+5%|
|Distribution Manager||163,000 VES||+25%|
|Dragline Operator||56,300 VES||-57%|
|Driller Offsider||45,100 VES||-65%|
|Dump Truck Driver||49,900 VES||-62%|
|Electric and Gas Operations Manager||287,000 VES||+120%|
|Energy Advisor||185,000 VES||+42%|
|Energy Analyst||177,000 VES||+36%|
|Energy Auditor||146,000 VES||+12%|
|Energy Dispatch Director||203,000 VES||+56%|
|Energy Technical Assistant||72,600 VES||-44%|
|Energy Technical Manager||155,000 VES||+19%|
|Energy Technical Trainer||107,000 VES||-18%|
|Exploration Manager||213,000 VES||+64%|
|Field Safety Auditor||143,000 VES||+10%|
|Fluids Engineer||114,000 VES||-12%|
|Fuel Cell Engineer||130,000 VES||=|
|Fuel Cell Technician||64,200 VES||-51%|
|Fuels Handler||58,700 VES||-55%|
|Gas Compressor Operator||56,400 VES||-57%|
|Gas Distribution Plant Operator||98,000 VES||-25%|
|Gas Supply Manager||179,000 VES||+38%|
|Geothermal Production Manager||210,000 VES||+62%|
|Geothermal Technician||89,000 VES||-32%|
|HSE Engineer||128,000 VES||-2%|
|HSE Officer||72,800 VES||-44%|
|HSEQ Administrator||86,100 VES||-34%|
|Instrument Designer||91,700 VES||-29%|
|Lead Technical Field Advisor||155,000 VES||+19%|
|Logistics and Tool Coordinator||110,000 VES||-15%|
|Maintenance Engineer||123,000 VES||-5%|
|Maintenance Superintendent||106,000 VES||-18%|
|Material Controller||81,200 VES||-38%|
|Mine Engineer||122,000 VES||-6%|
|Mine Surveyor||138,000 VES||+6%|
|Mining Project Administrator||103,000 VES||-21%|
|Mining Project Assistant||82,600 VES||-36%|
|Mining Project Controls Consultant||135,000 VES||+4%|
|Mining Project Coordinator||109,000 VES||-16%|
|Mining Project Engineer||124,000 VES||-5%|
|Mining Project Manager||149,000 VES||+15%|
|Mining Site Manager||164,000 VES||+26%|
|Mining Team Leader||127,000 VES||-2%|
|NDT Technician||77,300 VES||-41%|
|Oil Service Unit Operator||65,000 VES||-50%|
|Oil Trader||164,000 VES||+26%|
|Oilwell Pumper||44,600 VES||-66%|
|Petroleum Engineer||132,000 VES||+2%|
|Petroleum Geologist||221,000 VES||+70%|
|Petroleum Pump System Operator||67,300 VES||-48%|
|Pipeline Technician||48,900 VES||-62%|
|Power Coordinator||72,200 VES||-44%|
|Power Plant Operations Manager||234,000 VES||+80%|
|Power Plant Operator||102,000 VES||-22%|
|Radio Operator||55,400 VES||-57%|
|Reliability Engineer||122,000 VES||-6%|
|Reservoir Engineer||117,000 VES||-10%|
|Risk Analyst||148,000 VES||+14%|
|Shutdown Engineer||106,000 VES||-18%|
|Solar Energy Installation Manager||188,000 VES||+45%|
|Solar Energy Systems Engineer||124,000 VES||-5%|
|Solar Photovoltaic Installer||81,200 VES||-38%|
|Solar Thermal Technician||72,200 VES||-44%|
|Supply Operations Manager||201,000 VES||+55%|
|Sustainability Specialist||204,000 VES||+57%|
|System Development Advisor||146,000 VES||+12%|
|Tanker Truck Driver||46,300 VES||-64%|
|Utility Operator||68,000 VES||-48%|
|Wind Energy Project Manager||165,000 VES||+27%|
|Ciudad Guayana||121,000 VES|
Where can you get paid more, working for a private company or for the government? Public sector employees in Venezuela earn 11% more than their private sector counterparts on average across all sectors.