A person working as a Laboratory Technician in Bosnia and Herzegovina typically earns around 1,750 BAM per month. Salaries range from 810 BAM (lowest) to 2,790 BAM (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 Bosnia and Herzegovina range from 810 BAM per month (minimum salary) to 2,790 BAM per month (maximum salary).
The median salary is 1,890 BAM per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 1,890 BAM while the other half are earning more than 1,890 BAM. 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 1,220 BAM while 75% of them are earning more than 1,220 BAM. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 2,530 BAM while 25% are earning more than 2,530 BAM.
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 920 BAM per month.
While someone with an experience level between two and five years is expected to earn 1,220 BAM per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 1,810 BAM per month, 48% 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 2,200 BAM per month, 22% 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 2,400 BAM 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 2,600 BAM per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|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 1,070 BAM per month.
While someone with a Master's Degree gets a salary of 2,060 BAM per month, 93% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Bosnia and Herzegovina costs anywhere from 11,500 Convertible Marks(s) to 34,500 Convertible Marks(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 Bosnia and Herzegovina earn 11% more than their female counterparts on average.
Laboratory Technician(s) in Bosnia and Herzegovina 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 Bosnia and Herzegovina 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 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.
84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% 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||4,750 BAM||+170%|
|Admitting Officer||1,690 BAM||-4%|
|Ambulance Dispatcher||1,780 BAM||+1%|
|Ambulance Driver||1,680 BAM||-4%|
|Ambulance Officer and Paramedic||1,850 BAM||+5%|
|Ambulatory Services Director||3,520 BAM||+100%|
|Anatomic Pathology Supervisor||4,030 BAM||+130%|
|Anesthesia Technician||2,600 BAM||+48%|
|Anesthesiology Assistant||2,500 BAM||+43%|
|Assistant Optometrist||2,130 BAM||+21%|
|Biomedical Engineering Director||3,090 BAM||+76%|
|Biomedical Engineering Technician||1,670 BAM||-5%|
|Cardiac Technician||1,650 BAM||-6%|
|Cardiovascular Specialist||8,840 BAM||+400%|
|Cardiovascular Technologist||3,450 BAM||+97%|
|Central Sterile Processing Technician||1,960 BAM||+12%|
|Charge Entry Specialist||2,170 BAM||+24%|
|Clinical Application Specialist||2,170 BAM||+24%|
|Clinical Biochemist||3,990 BAM||+130%|
|Clinical Cytogeneticist||3,490 BAM||+99%|
|Clinical Data Reviewer||2,230 BAM||+27%|
|Clinical Development Specialist||2,580 BAM||+47%|
|Clinical Field Associate||2,130 BAM||+21%|
|Clinical Genetic Technologist||3,450 BAM||+97%|
|Clinical Microbiologist||4,720 BAM||+170%|
|Clinical Molecular Geneticist||3,660 BAM||+110%|
|Clinical Neuropsychologist||4,860 BAM||+180%|
|Clinical Research Coordinator||2,500 BAM||+43%|
|Clinical Scientist||4,620 BAM||+160%|
|CME Specialist||3,510 BAM||+100%|
|CT Technologist||2,190 BAM||+25%|
|Cytogenetic Technologist||3,350 BAM||+91%|
|Diagnostic Medical Sonographer||2,720 BAM||+55%|
|Dispensing Optician||2,190 BAM||+25%|
|EKG Technician||2,040 BAM||+16%|
|Endoscopic Assistant||1,930 BAM||+10%|
|Endoscopy Technician||1,940 BAM||+11%|
|Enterostomal Therapist||2,910 BAM||+66%|
|FGP Ultrasound Techncian||1,970 BAM||+12%|
|Health Systems Specialist||2,730 BAM||+56%|
|Health Technologist||3,150 BAM||+80%|
|Healthcare Data Analyst||2,330 BAM||+33%|
|Hearing Aid Specialist||2,470 BAM||+41%|
|Industrial Hygienist||3,040 BAM||+73%|
|Infection Control Coordinator||2,270 BAM||+29%|
|Infection Control Practitioner||4,790 BAM||+170%|
|Infection Preventionist||3,530 BAM||+100%|
|Informatics Practice Specialist||2,620 BAM||+49%|
|Interventional Radiographer||3,620 BAM||+110%|
|Lab Assistant||1,800 BAM||+3%|
|Laboratory Manager||3,240 BAM||+85%|
|Laboratory Technician||1,750 BAM||-0%|
|Low Vision Therapist||4,100 BAM||+130%|
|Mammography Technician||1,700 BAM||-3%|
|Medical Coder||1,610 BAM||-8%|
|Medical Courier||1,290 BAM||-26%|
|Medical Equipment Preparer||1,800 BAM||+3%|
|Medical Forms Designer||1,450 BAM||-17%|
|Medical Technologist||2,080 BAM||+19%|
|MRI Technologist||1,810 BAM||+3%|
|Music Therapist||2,550 BAM||+45%|
|Neurodiagnostic Techncian||1,820 BAM||+4%|
|Neuropsychology Testing Assistant||1,590 BAM||-9%|
|Nuclear Medical Technician||2,580 BAM||+47%|
|Nuclear Medicine Technolgoist||2,470 BAM||+41%|
|Nutrition Assistant||1,870 BAM||+7%|
|Occupaitional Therapy Assistant||1,990 BAM||+13%|
|Operating Room Scheduler||1,750 BAM||-0%|
|Operating Room Services Director||5,060 BAM||+190%|
|Ophthalmic Assistant||1,910 BAM||+9%|
|Ophthalmic Laboratory Technician||1,960 BAM||+12%|
|Orthopedic Technician||1,940 BAM||+11%|
|Pathology Assistant||1,870 BAM||+7%|
|Pre Authorization Case Manager||2,610 BAM||+49%|
|Radiation Therapist||6,710 BAM||+280%|
|Radiation Therapy Technologist||2,630 BAM||+50%|
|Radiography Technologist||2,700 BAM||+54%|
|Radiologic Technologist||2,730 BAM||+56%|
|Radiology Technologist||2,580 BAM||+47%|
|Respiratory Care Practitioner||4,810 BAM||+170%|
|Respiratory Therapist||3,710 BAM||+110%|
|Respiratory Therapy Technician||2,180 BAM||+24%|
|Sonography Technologist||2,720 BAM||+55%|
|Speech and Language Pathologist||3,830 BAM||+120%|
|Ultrasound Technologist||2,010 BAM||+15%|
|Vascular Technologist||1,910 BAM||+9%|
|X-Ray Technologist||2,540 BAM||+45%|
|Banja Luka||1,900 BAM|
Where can you get paid more, working for a private company or for the government? Public sector employees in Bosnia and Herzegovina earn 25% more than their private sector counterparts on average across all sectors.