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Engineering Average Salaries in Venezuela 2022

How much money does a person working in Engineering make in Venezuela?


Average Monthly Salary
112,000 VES
( 1,340,000 VES yearly)

LOW
35,500
VES
AVERAGE
112,000
VES
HIGH
236,000
VES

A person working in Engineering in Venezuela typically earns around 112,000 VES per month. Salaries range from 35,500 VES (lowest average) to 236,000 VES (highest average, actual maximum salary is higher).

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

Salaries for specific jobs

Job TitleAverage Salary
Acoustics Engineer115,000 VES
Assembly Engineering Technician91,500 VES
Assistant Chief Engineer137,000 VES
Associate Engineer110,000 VES
Autocad Operator74,400 VES
Automation Engineer124,000 VES
Avionic System Support Engineer108,000 VES
Biochemical Engineer114,000 VES
BMS Engineer106,000 VES
Bridge and Lock Tender65,900 VES
Broadcast Engineer121,000 VES
CAD Design Engineer122,000 VES
CAD Designer76,600 VES
CAE Engineer113,000 VES
Ceramics Engineer105,000 VES
Civil Engineer123,000 VES
Commissioning Engineer116,000 VES
Communications Engineer125,000 VES
Condition Monitoring Engineer106,000 VES
Contract Associate Engineer116,000 VES
Control Systems Engineer118,000 VES
Controls Engineer121,000 VES
Controls Software Engineer99,300 VES
Corrosion Engineer109,000 VES
Design Engineer126,000 VES
Drafter74,000 VES
Drafting Manager141,000 VES
Drilling Engineer113,000 VES
Electrical Draughtsman60,000 VES
Electrical Engineer132,000 VES
Electrical Engineering Manager162,000 VES
Electromechanical Engineering Technologist127,000 VES
Electromechanical Equipment Assembler64,200 VES
Energy Engineer123,000 VES
Engine Assembler52,500 VES
Engineer123,000 VES
Engineering Account Manager138,000 VES
Engineering Chief Designer133,000 VES
Engineering Consultant154,000 VES
Engineering Key Account Manager178,000 VES
Engineering Lab Technician114,000 VES
Engineering Planning Manager170,000 VES
Engineering Production Manager209,000 VES
Engineering Project Analyst141,000 VES
Engineering Project Coordinator 132,000 VES
Engineering Project Director230,000 VES
Engineering Project Manager171,000 VES
Engineering Research and Development Manager188,000 VES
Engineering Safety Coordinator94,800 VES
Engineering Sales Manager158,000 VES
Engineering Technician94,800 VES
Engineering Technologist89,200 VES
Environmental Engineer118,000 VES
Equipment Engineer103,000 VES
Equipment Engineering Manager154,000 VES
Estimator96,900 VES
Fabrication Specialist87,800 VES
Fabricator52,900 VES
Facade Engineer113,000 VES
Fiber Analyst65,600 VES
Field Engineer126,000 VES
Field Engineering Manager192,000 VES
Fire Engineer122,000 VES
Fitter and Turner36,500 VES
Forestry Strategic Planner137,000 VES
Generation Engineer121,000 VES
Genetic Engineer135,000 VES
Geological Engineer117,000 VES
Geotechnical Engineer125,000 VES
Heavy Equipment Mechanic63,900 VES
Highway Engineer122,000 VES
HSE Professional111,000 VES
HVAC Engineer122,000 VES
HVAC Supervisor103,000 VES
Industrial Engineer114,000 VES
Industrial Engineering Technologist111,000 VES
Instrument Engineer117,000 VES
Instrumentation and Control Engineer120,000 VES
Instrumentation Engineer112,000 VES
Instrumentation Manager116,000 VES
Irrigation Engineer119,000 VES
Licensed Aircraft Engineer130,000 VES
Locomotive Engineer111,000 VES
Maintenance Engineer108,000 VES
Maintenance Fitter39,900 VES
Maintenance Manager119,000 VES
Manufacturing Engineer115,000 VES
Marine Engineer124,000 VES
Materials Engineer113,000 VES
Materials Researcher107,000 VES
Materials Technician88,200 VES
Mechanical and Electrical Engineer131,000 VES
Mechanical Design Engineer123,000 VES
Mechanical Designer103,000 VES
Mechanical Engineer127,000 VES
Mechanical Engineering Manager173,000 VES
Mechanical Inspector115,000 VES
Mechatronics Engineer131,000 VES
Mining Engineer121,000 VES
Oil and Petrochemical Engineer131,000 VES
Optical Engineer118,000 VES
Optical Instrument Assembler57,900 VES
PCB Assembler44,100 VES
Photonics Engineer129,000 VES
Photonics Technician109,000 VES
Pipeline Engineer106,000 VES
Piping Designer65,300 VES
Piping Engineer103,000 VES
Planning Engineer118,000 VES
Pressure Vessel Inspector53,500 VES
Principal Cost Engineer119,000 VES
Principal Engineer120,000 VES
Principal Support Engineer124,000 VES
Process Engineer111,000 VES
Process Operator70,000 VES
Product Development Engineer121,000 VES
Product Development Technician85,600 VES
Product Engineer125,000 VES
Product Safety Engineer116,000 VES
Production Engineer116,000 VES
Project Engineer119,000 VES
Proposal Manager160,000 VES
Purchasing Engineer109,000 VES
Quality Assurance Engineer116,000 VES
Rail Engineer122,000 VES
Robotics Engineer140,000 VES
Robotics Technician95,100 VES
Safety Engineer113,000 VES
Safety Inspector92,500 VES
Safety Manager138,000 VES
Safety Officer62,000 VES
Sales Engineer120,000 VES
Scheduling Engineer109,000 VES
Service Engineer130,000 VES
Solar Engineer128,000 VES
Staff Engineer120,000 VES
Static Equipment Engineer113,000 VES
Stationary Engineer102,000 VES
Stress Engineer112,000 VES
Structural Analysis Engineer110,000 VES
Structural Designer103,000 VES
Structural Engineer114,000 VES
Structural Technician77,500 VES
Supply Chain Specialist116,000 VES
Surveyor89,900 VES
Technical Affairs Officer59,100 VES
Technical Assistant59,400 VES
Technical Engineer103,000 VES
Technical Support Engineer106,000 VES
Tender Engineer109,000 VES
Test Development Engineer114,000 VES
Transportation Engineer111,000 VES
Validation Engineer110,000 VES
Verification Engineer113,000 VES
Wastewater Engineer111,000 VES
Wind Energy Engineer120,000 VES
Wind Energy Operations Manager162,000 VES
Work Planner84,200 VES

Engineering Jobs Salary Distribution in Venezuela

Median and salary distribution monthly Venezuela Engineering
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The median, the maximum, the minimum, and the range

  • Salary Range

    Engineering salaries in Venezuela range from 35,500 VES per month (minimum average salary) to 236,000 VES per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 110,000 VES per month, which means that half (50%) of people working in Engineering are earning less than 110,000 VES while the other half are earning more than 110,000 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Engineering are earning less than 65,200 VES while 75% of them are earning more than 65,200 VES. Also from the diagram, 75% of people working in Engineering are earning less than 169,000 VES while 25% are earning more than 169,000 VES.


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
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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 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 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.

Engineering Salary Comparison By Gender

Salary comparison by gender monthly Venezuela Engineering
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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 Venezuela who work in Engineering earn 12% more than their female counterparts on average.

Male
118,000 VES
Female-11%
106,000 VES
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Venezuela for all Careers

Salary comparison by gender monthly Venezuela
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Engineering Average Annual Salary Increment Percentage in Venezuela

How much are annual salary increments in Venezuela for Engineering professionals? How often do employees get salary raises?

Engineering

Engineering professionals in Venezuela are likely to observe a salary increase of approximately 5% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Venezuela Engineering
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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.

Venezuela / 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

The average salary increase in one year (12 months) in Venezuela is 2%.

Annual Increment Rate By Industry 2021

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Venezuela for the year 2021. 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

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Engineering Bonus and Incentive Rates in Venezuela

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Venezuela Engineering
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Engineering is considered to be a moderate bonus-based field 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.

66% of surveyed staff in Engineering reported that they haven't received any bonuses or incentives in the previous year while 34% 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
34%
No Bonus
66%

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.


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.

Engineering Hourly Average Wage in Venezuela


640 VES per hour

The average hourly wage (pay per hour) in Venezuela is 640 VES. This means that the average person in Venezuela earns approximately 640 VES 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.

Engineering VS Other Jobs

Salary Comparison Between Engineering and Engineering monthly Venezuela
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The average salary for Engineering is 16% less than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Barquisimeto112,000 VES
Caracas126,000 VES
Ciudad Guayana104,000 VES
Maracaibo120,000 VES

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 Venezuela earn 11% more than their private sector counterparts on average across all sectors.

Private Sector
124,000 VES
Public Sector+11%
138,000 VES
Percentage increase and decrease are relative to the previous value

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