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Laboratory Technician Average Salary in Cape Verde 2020

How much money does a Laboratory Technician make in Cape Verde?


Average Monthly Salary
156,000 CVE
( 1,870,000 CVE yearly)

LOW
81,000
CVE
AVERAGE
156,000
CVE
HIGH
238,000
CVE

A person working as a Laboratory Technician in Cape Verde typically earns around 156,000 CVE per month. Salaries range from 81,000 CVE (lowest) to 238,000 CVE (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 Salary Distribution in Cape Verde

Median and salary distribution monthly Cape Verde Laboratory Technician
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The median, the maximum, the minimum, and the range

  • Salary Range

    Laboratory Technician salaries in Cape Verde range from 81,000 CVE per month (minimum salary) to 238,000 CVE per month (maximum salary).

  • Median Salary

    The median salary is 150,000 CVE per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 150,000 CVE while the other half are earning more than 150,000 CVE. 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 Laboratory Technician(s) are earning less than 104,000 CVE while 75% of them are earning more than 104,000 CVE. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 186,000 CVE while 25% are earning more than 186,000 CVE.


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

Laboratory Technician Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Cape Verde Laboratory Technician
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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 92,000 CVE per month.

While someone with an experience level between two and five years is expected to earn 123,000 CVE 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 160,000 CVE per month, 30% more than someone with two to five years of experience.

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.

Additionally, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 194,000 CVE per month, 21% 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 212,000 CVE 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 223,000 CVE per month, 5% more than people with fifteen to twenty years of experience.


Laboratory Technician average salary change by experience in Cape Verde

0 - 2 Years
92,000 CVE
2 - 5 Years+34%
123,000 CVE
5 - 10 Years+30%
160,000 CVE
10 - 15 Years+21%
194,000 CVE
15 - 20 Years+9%
212,000 CVE
20+ Years+5%
223,000 CVE
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Laboratory Technician Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Laboratory Technician(s) who have the same experience but different education levels.

Salary comparison by education level monthly Cape Verde Laboratory Technician
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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 130,000 CVE per month.

While someone with a Master's Degree gets a salary of 180,000 CVE per month, 39% more than someone having a Bachelor's Degree degree.


Laboratory Technician average salary difference by education level in Cape Verde

Bachelor's Degree
130,000 CVE
Master's Degree+39%
180,000 CVE
Percentage increase and decrease are relative to the previous value

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 Cape Verde costs anywhere from 1,020,000 Cape Verde Escudo(s) to 3,060,000 Cape Verde Escudo(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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Laboratory Technician Salary Comparison By Gender

Salary comparison by gender monthly Cape Verde Laboratory Technician
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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 Laboratory Technician employees in Cape Verde earn 10% more than their female counterparts on average.

Male
164,000 CVE
Female-9%
150,000 CVE
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Cape Verde for all Careers

Salary comparison by gender monthly Cape Verde
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Laboratory Technician Average Annual Salary Increment Percentage in Cape Verde

How much are annual salary increments in Cape Verde for Laboratory Technician(s)? How often do employees get salary raises?

Laboratory Technician

Laboratory Technician(s) in Cape Verde 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.

Annual Salary Increment Rate Cape Verde Laboratory Technician
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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.

Cape Verde / 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 Cape Verde is 2%.

Annual Increment Rate By Industry 2019

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Listed above are the average annual increase rates for each industry in Cape Verde 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.


Worldwide Salary Raises: All Countries and All Jobs

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Laboratory Technician Bonus and Incentive Rates in Cape Verde

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cape Verde Laboratory Technician
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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.

90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% 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.

Received Bonus
10%
No Bonus
90%

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.

Laboratory Technician Average Hourly Wage in Cape Verde


900 CVE per hour

The average hourly wage (pay per hour) in Cape Verde is 900 CVE. This means that the average Laboratory Technician in Cape Verde earns approximately 900 CVE 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.

Laboratory Technician VS Other Jobs

Salary Comparison Between Laboratory Technician and Health and Medical monthly Cape Verde
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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.

Salary comparison with similar jobs

Job TitleAverage Salary
Academic Clinician403,000 CVE+160%
Admitting Officer149,000 CVE-4%
Ambulance Dispatcher158,000 CVE+1%
Ambulance Driver137,000 CVE-12%
Ambulance Officer and Paramedic174,000 CVE+12%
Ambulatory Services Director303,000 CVE+95%
Anatomic Pathology Supervisor364,000 CVE+130%
Anesthesia Technician227,000 CVE+46%
Anesthesiologist621,000 CVE+300%
Anesthesiology Assistant218,000 CVE+40%
Assistant Optometrist173,000 CVE+11%
Audiologist385,000 CVE+150%
Biomedical Engineering Director272,000 CVE+75%
Biomedical Engineering Technician149,000 CVE-4%
Cardiac Technician149,000 CVE-4%
Cardiovascular Specialist830,000 CVE+430%
Cardiovascular Technologist297,000 CVE+91%
Central Sterile Processing Technician174,000 CVE+12%
Charge Entry Specialist184,000 CVE+18%
Clinical Application Specialist195,000 CVE+25%
Clinical Biochemist349,000 CVE+120%
Clinical Cytogeneticist309,000 CVE+98%
Clinical Data Reviewer183,000 CVE+17%
Clinical Development Specialist238,000 CVE+53%
Clinical Field Associate198,000 CVE+27%
Clinical Genetic Technologist295,000 CVE+89%
Clinical Microbiologist382,000 CVE+150%
Clinical Molecular Geneticist332,000 CVE+110%
Clinical Neuropsychologist435,000 CVE+180%
Clinical Research Coordinator225,000 CVE+44%
Clinical Scientist423,000 CVE+170%
CME Specialist334,000 CVE+110%
CT Technologist197,000 CVE+26%
Cytogenetic Technologist277,000 CVE+78%
Diagnostic Medical Sonographer233,000 CVE+50%
Dispensing Optician175,000 CVE+12%
Dosimetrist280,000 CVE+80%
EKG Technician183,000 CVE+17%
Endoscopic Assistant161,000 CVE+3%
Endoscopy Technician161,000 CVE+3%
Enterostomal Therapist269,000 CVE+73%
Epidemiologist332,000 CVE+110%
FGP Ultrasound Techncian161,000 CVE+3%
Health Systems Specialist229,000 CVE+47%
Health Technologist268,000 CVE+72%
Healthcare Data Analyst193,000 CVE+24%
Hearing Aid Specialist199,000 CVE+28%
Histotechnologist250,000 CVE+60%
Immunologist379,000 CVE+140%
Industrial Hygienist260,000 CVE+67%
Infection Control Coordinator197,000 CVE+26%
Infection Control Practitioner407,000 CVE+160%
Infection Preventionist304,000 CVE+95%
Informatics Practice Specialist234,000 CVE+50%
Interventional Radiographer319,000 CVE+100%
Lab Assistant153,000 CVE-2%
Laboratory Manager285,000 CVE+83%
Laboratory Technician156,000 CVE+0%
Low Vision Therapist337,000 CVE+120%
Mammography Technician155,000 CVE-0%
Medical Coder137,000 CVE-12%
Medical Courier111,000 CVE-29%
Medical Equipment Preparer157,000 CVE+1%
Medical Forms Designer134,000 CVE-14%
Medical Technologist170,000 CVE+9%
MRI Technologist166,000 CVE+7%
Music Therapist221,000 CVE+42%
Neonatologist436,000 CVE+180%
Neurodiagnostic Techncian169,000 CVE+8%
Neuropsychology Testing Assistant153,000 CVE-2%
Nuclear Medical Technician218,000 CVE+40%
Nuclear Medicine Technolgoist225,000 CVE+44%
Nutrition Assistant166,000 CVE+7%
Occupaitional Therapy Assistant168,000 CVE+8%
Operating Room Scheduler150,000 CVE-4%
Operating Room Services Director483,000 CVE+210%
Ophthalmic Assistant179,000 CVE+15%
Ophthalmic Laboratory Technician169,000 CVE+8%
Optician376,000 CVE+140%
Orthopedic Technician169,000 CVE+8%
Orthoptist477,000 CVE+210%
Orthotist449,000 CVE+190%
Pathology Assistant166,000 CVE+7%
Perfusionist497,000 CVE+220%
Phlebotomist124,000 CVE-20%
Pre Authorization Case Manager227,000 CVE+46%
Prosthetist381,000 CVE+140%
Radiation Therapist544,000 CVE+250%
Radiation Therapy Technologist224,000 CVE+44%
Radiographer381,000 CVE+140%
Radiography Technologist233,000 CVE+50%
Radiologic Technologist236,000 CVE+51%
Radiology Technologist238,000 CVE+53%
Respiratory Care Practitioner437,000 CVE+180%
Respiratory Therapist327,000 CVE+110%
Respiratory Therapy Technician181,000 CVE+16%
Sonographer227,000 CVE+46%
Sonography Technologist233,000 CVE+50%
Speech and Language Pathologist347,000 CVE+120%
Ultrasonographer181,000 CVE+16%
Ultrasound Technologist184,000 CVE+18%
Vascular Technologist156,000 CVE+0%
X-Ray Technologist225,000 CVE+44%

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 Cape Verde earn 14% more than their private sector counterparts on average across all sectors.

Private Sector
194,000 CVE
Public Sector+14%
221,000 CVE
Percentage increase and decrease are relative to the previous value

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