A person working as a Laboratory Technician in Venezuela typically earns around 101,000 VES per month. Salaries range from 51,500 VES (lowest) to 156,000 VES (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 salaries in Venezuela range from 51,500 VES per month (minimum salary) to 156,000 VES per month (maximum salary).
The median salary is 99,000 VES per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 99,000 VES while the other half are earning more than 99,000 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 Laboratory Technician(s) are earning less than 67,700 VES while 75% of them are earning more than 67,700 VES. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 125,000 VES while 25% are earning more than 125,000 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 Laboratory Technician salaries by experience level and this is what we found.
A Laboratory Technician with less than two years of experience makes approximately 57,800 VES per month.
While someone with an experience level between two and five years is expected to earn 75,400 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 106,000 VES per month, 40% 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 127,000 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 138,000 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 149,000 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 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 71,300 VES per month.
While someone with a Master's Degree gets a salary of 126,000 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 Laboratory Technician employees in Venezuela earn 12% more than their female counterparts on average.
Laboratory Technician(s) in Venezuela are likely to observe a salary increase of approximately 5% every 29 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 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.
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.
89% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 11% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% 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 Laboratory Technician is 39% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.
|Job Title||Average Salary|
|Academic Clinician||265,000 VES||+160%|
|Admitting Officer||100,000 VES||-1%|
|Ambulance Dispatcher||103,000 VES||+2%|
|Ambulance Driver||97,500 VES||-3%|
|Ambulance Officer and Paramedic||107,000 VES||+6%|
|Ambulatory Services Director||205,000 VES||+100%|
|Anatomic Pathology Supervisor||243,000 VES||+140%|
|Anesthesia Technician||138,000 VES||+37%|
|Anesthesiology Assistant||138,000 VES||+37%|
|Assistant Optometrist||120,000 VES||+19%|
|Biomedical Engineering Director||183,000 VES||+81%|
|Biomedical Engineering Technician||99,600 VES||-1%|
|Cardiac Technician||90,100 VES||-11%|
|Cardiovascular Specialist||511,000 VES||+410%|
|Cardiovascular Technologist||201,000 VES||+99%|
|Central Sterile Processing Technician||117,000 VES||+16%|
|Charge Entry Specialist||121,000 VES||+20%|
|Clinical Application Specialist||126,000 VES||+25%|
|Clinical Biochemist||220,000 VES||+120%|
|Clinical Cytogeneticist||194,000 VES||+92%|
|Clinical Data Reviewer||118,000 VES||+17%|
|Clinical Development Specialist||152,000 VES||+50%|
|Clinical Field Associate||126,000 VES||+25%|
|Clinical Genetic Technologist||187,000 VES||+85%|
|Clinical Microbiologist||264,000 VES||+160%|
|Clinical Molecular Geneticist||206,000 VES||+100%|
|Clinical Neuropsychologist||272,000 VES||+170%|
|Clinical Research Coordinator||145,000 VES||+44%|
|Clinical Scientist||263,000 VES||+160%|
|CME Specialist||205,000 VES||+100%|
|CT Technologist||119,000 VES||+18%|
|Cytogenetic Technologist||184,000 VES||+82%|
|Diagnostic Medical Sonographer||148,000 VES||+47%|
|Dispensing Optician||122,000 VES||+21%|
|EKG Technician||114,000 VES||+13%|
|Endoscopic Assistant||107,000 VES||+6%|
|Endoscopy Technician||107,000 VES||+6%|
|Enterostomal Therapist||178,000 VES||+76%|
|FGP Ultrasound Techncian||107,000 VES||+6%|
|Health Systems Specialist||157,000 VES||+55%|
|Health Technologist||182,000 VES||+80%|
|Healthcare Data Analyst||133,000 VES||+32%|
|Hearing Aid Specialist||133,000 VES||+32%|
|Industrial Hygienist||171,000 VES||+69%|
|Infection Control Coordinator||129,000 VES||+28%|
|Infection Control Practitioner||277,000 VES||+170%|
|Infection Preventionist||186,000 VES||+84%|
|Informatics Practice Specialist||142,000 VES||+41%|
|Interventional Radiographer||214,000 VES||+110%|
|Lab Assistant||104,000 VES||+3%|
|Laboratory Manager||185,000 VES||+83%|
|Laboratory Technician||101,000 VES||=|
|Low Vision Therapist||217,000 VES||+110%|
|Mammography Technician||99,600 VES||-1%|
|Medical Coder||93,000 VES||-8%|
|Medical Courier||68,100 VES||-33%|
|Medical Equipment Preparer||106,000 VES||+5%|
|Medical Forms Designer||85,800 VES||-15%|
|Medical Technologist||117,000 VES||+16%|
|MRI Technologist||107,000 VES||+6%|
|Music Therapist||145,000 VES||+44%|
|Neurodiagnostic Techncian||105,000 VES||+4%|
|Neuropsychology Testing Assistant||93,600 VES||-7%|
|Nuclear Medical Technician||139,000 VES||+38%|
|Nuclear Medicine Technolgoist||150,000 VES||+49%|
|Nutrition Assistant||108,000 VES||+7%|
|Occupaitional Therapy Assistant||107,000 VES||+6%|
|Operating Room Scheduler||95,200 VES||-6%|
|Operating Room Services Director||306,000 VES||+200%|
|Ophthalmic Assistant||111,000 VES||+10%|
|Ophthalmic Laboratory Technician||114,000 VES||+13%|
|Orthopedic Technician||107,000 VES||+6%|
|Pathology Assistant||104,000 VES||+3%|
|Pre Authorization Case Manager||154,000 VES||+52%|
|Radiation Therapist||376,000 VES||+270%|
|Radiation Therapy Technologist||152,000 VES||+50%|
|Radiography Technologist||143,000 VES||+42%|
|Radiologic Technologist||149,000 VES||+48%|
|Radiology Technologist||152,000 VES||+50%|
|Respiratory Care Practitioner||281,000 VES||+180%|
|Respiratory Therapist||219,000 VES||+120%|
|Respiratory Therapy Technician||128,000 VES||+27%|
|Sonography Technologist||148,000 VES||+47%|
|Speech and Language Pathologist||216,000 VES||+110%|
|Ultrasound Technologist||114,000 VES||+13%|
|Vascular Technologist||104,000 VES||+3%|
|X-Ray Technologist||156,000 VES||+54%|
|Ciudad Guayana||89,700 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.