Laboratory Technician Average Salary in Gibraltar 2021
How much money does a Laboratory Technician make in Gibraltar?
LOW
13,200
GIP AVERAGE
28,000
GIP HIGH
44,300
GIP
A person working as a Laboratory Technician in Gibraltar typically earns around 28,000 GIP per year. Salaries range from 13,200 GIP (lowest) to 44,300 GIP (highest).
This is the average yearly 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 Gibraltar
The median, the maximum, the minimum, and the range
Salary Range
Laboratory Technician salaries in Gibraltar range from 13,200 GIP per year (minimum salary) to 44,300 GIP per year (maximum salary).
Median Salary
The median salary is 29,700 GIP per year, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 29,700 GIP while the other half are earning more than 29,700 GIP. 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 19,300 GIP while 75% of them are earning more than 19,300 GIP. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 39,200 GIP while 25% are earning more than 39,200 GIP.
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?
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 15,200 GIP per year.
While someone with an experience level between two and five years is expected to earn 20,900 GIP per year, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 29,800 GIP per year, 42% 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 36,300 GIP per year, 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 38,300 GIP per year, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 41,800 GIP per year, 9% more than people with fifteen to twenty years of experience.
Laboratory Technician average salary change by experience in Gibraltar
| 0 - 2 Years | 15,200 GIP | |
| 2 - 5 Years | +38% | 20,900 GIP |
| 5 - 10 Years | +42% | 29,800 GIP |
| 10 - 15 Years | +22% | 36,300 GIP |
| 15 - 20 Years | +6% | 38,300 GIP |
| 20+ Years | +9% | 41,800 GIP |
Typical Salary Progress for Most Careers
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.
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 20,900 GIP per year.
While someone with a Master's Degree gets a salary of 38,300 GIP per year, 83% more than someone having a Bachelor's Degree degree.
Laboratory Technician average salary difference by education level in Gibraltar
| Bachelor's Degree | 20,900 GIP | |
| Master's Degree | +83% | 38,300 GIP |
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 Gibraltar costs anywhere from 16,900 Gibraltar Pound(s) to 50,700 Gibraltar Pound(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
Laboratory Technician Salary Comparison By Gender
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 Gibraltar earn 14% more than their female counterparts on average.
| Male | 30,000 GIP | |
| Female | -12% | 26,400 GIP |
Salary Comparison By Gender in Gibraltar for all Careers
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Laboratory Technician Average Annual Salary Increment Percentage in Gibraltar
How much are annual salary increments in Gibraltar for Laboratory Technician(s)? How often do employees get salary raises?
Laboratory Technician
Laboratory Technician(s) in Gibraltar 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.
Gibraltar / 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
Annual Increment Rate By Industry 2020
| Banking | 2% | |
| Energy | 4% | |
| Information Technology | 6% | |
| Healthcare | 8% | |
| Travel | 1% | |
| Construction | 3% | |
| Education | 5% |
Listed above are the average annual increase rates for each industry in Gibraltar 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.
Worldwide Salary Raises: All Countries and All Jobs
Laboratory Technician Bonus and Incentive Rates in Gibraltar
How much and how often are bonuses being awarded?
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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.
85% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 15% 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.
| Received Bonus | 15% | |
| No Bonus | 85% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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 Gibraltar
13 GIP per hourThe average hourly wage (pay per hour) in Gibraltar is 13 GIP. This means that the average Laboratory Technician in Gibraltar earns approximately 13 GIP for every worked hour.
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
The average salary for Laboratory Technician is 45% 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 Title | Average Salary |
| Academic Clinician | 74,200 GIP |  +160% |
| Admitting Officer | 29,800 GIP | +6% |
| Ambulance Dispatcher | 28,500 GIP | +2% |
| Ambulance Driver | 28,400 GIP | +1% |
| Ambulance Officer and Paramedic | 30,500 GIP | +9% |
| Ambulatory Services Director | 61,100 GIP | +120% |
| Anatomic Pathology Supervisor | 64,900 GIP | +130% |
| Anesthesia Technician | 43,300 GIP | +55% |
| Anesthesiologist | 121,000 GIP | +330% |
| Anesthesiology Assistant | 43,700 GIP | +56% |
| Assistant Optometrist | 34,300 GIP | +22% |
| Audiologist | 67,900 GIP | +140% |
| Biomedical Engineering Director | 54,400 GIP | +94% |
| Biomedical Engineering Technician | 28,100 GIP | +0% |
| Cardiac Technician | 26,700 GIP |  -5% |
| Cardiovascular Specialist | 145,000 GIP | +420% |
| Cardiovascular Technologist | 59,900 GIP | +110% |
| Central Sterile Processing Technician | 32,900 GIP | +17% |
| Charge Entry Specialist | 37,500 GIP | +34% |
| Clinical Application Specialist | 36,600 GIP | +31% |
| Clinical Biochemist | 69,900 GIP | +150% |
| Clinical Cytogeneticist | 58,600 GIP | +110% |
| Clinical Data Reviewer | 36,000 GIP | +29% |
| Clinical Development Specialist | 44,200 GIP | +58% |
| Clinical Field Associate | 34,800 GIP | +24% |
| Clinical Genetic Technologist | 59,700 GIP | +110% |
| Clinical Microbiologist | 75,800 GIP | +170% |
| Clinical Molecular Geneticist | 62,100 GIP | +120% |
| Clinical Neuropsychologist | 77,900 GIP | +180% |
| Clinical Research Coordinator | 42,300 GIP | +51% |
| Clinical Scientist | 74,900 GIP | +170% |
| CME Specialist | 61,100 GIP | +120% |
| CT Technologist | 35,200 GIP | +26% |
| Cytogenetic Technologist | 51,600 GIP | +84% |
| Diagnostic Medical Sonographer | 42,700 GIP | +52% |
| Dispensing Optician | 36,700 GIP | +31% |
| Dosimetrist | 50,000 GIP | +79% |
| EKG Technician | 36,100 GIP | +29% |
| Endoscopic Assistant | 31,500 GIP | +12% |
| Endoscopy Technician | 29,900 GIP | +7% |
| Enterostomal Therapist | 52,400 GIP | +87% |
| Epidemiologist | 63,700 GIP | +130% |
| FGP Ultrasound Techncian | 31,700 GIP | +13% |
| Health Systems Specialist | 46,900 GIP | +67% |
| Health Technologist | 51,800 GIP | +85% |
| Healthcare Data Analyst | 37,900 GIP | +35% |
| Hearing Aid Specialist | 41,500 GIP | +48% |
| Histotechnologist | 46,600 GIP | +66% |
| Immunologist | 73,500 GIP | +160% |
| Industrial Hygienist | 50,100 GIP | +79% |
| Infection Control Coordinator | 36,000 GIP | +29% |
| Infection Control Practitioner | 78,800 GIP | +180% |
| Infection Preventionist | 55,600 GIP | +99% |
| Informatics Practice Specialist | 44,200 GIP | +58% |
| Interventional Radiographer | 63,600 GIP | +130% |
| Lab Assistant | 29,600 GIP | +6% |
| Laboratory Manager | 54,200 GIP | +94% |
| Laboratory Technician | 28,000 GIP | -0% |
| Low Vision Therapist | 66,300 GIP | +140% |
| Mammography Technician | 30,400 GIP | +9% |
| Medical Coder | 26,400 GIP | -6% |
| Medical Courier | 20,300 GIP | -28% |
| Medical Equipment Preparer | 30,000 GIP | +7% |
| Medical Forms Designer | 24,900 GIP | -11% |
| Medical Technologist | 31,900 GIP | +14% |
| MRI Technologist | 30,900 GIP | +10% |
| Music Therapist | 44,600 GIP | +59% |
| Neonatologist | 85,400 GIP | +200% |
| Neurodiagnostic Techncian | 31,300 GIP | +12% |
| Neuropsychology Testing Assistant | 26,500 GIP | -5% |
| Nuclear Medical Technician | 42,300 GIP | +51% |
| Nuclear Medicine Technolgoist | 42,000 GIP | +50% |
| Nutrition Assistant | 29,900 GIP | +7% |
| Occupaitional Therapy Assistant | 32,600 GIP | +16% |
| Operating Room Scheduler | 27,500 GIP | -2% |
| Operating Room Services Director | 83,800 GIP | +200% |
| Ophthalmic Assistant | 31,400 GIP | +12% |
| Ophthalmic Laboratory Technician | 34,100 GIP | +22% |
| Optician | 65,200 GIP | +130% |
| Orthopedic Technician | 33,900 GIP | +21% |
| Orthoptist | 87,000 GIP | +210% |
| Orthotist | 85,500 GIP | +210% |
| Pathology Assistant | 31,400 GIP | +12% |
| Perfusionist | 96,500 GIP | +240% |
| Phlebotomist | 22,500 GIP | -20% |
| Pre Authorization Case Manager | 43,500 GIP | +55% |
| Prosthetist | 75,100 GIP | +170% |
| Radiation Therapist | 108,000 GIP | +290% |
| Radiation Therapy Technologist | 43,300 GIP | +55% |
| Radiographer | 72,200 GIP | +160% |
| Radiography Technologist | 42,500 GIP | +52% |
| Radiologic Technologist | 45,200 GIP | +61% |
| Radiology Technologist | 44,200 GIP | +58% |
| Respiratory Care Practitioner | 85,900 GIP | +210% |
| Respiratory Therapist | 59,000 GIP | +110% |
| Respiratory Therapy Technician | 37,200 GIP | +33% |
| Sonographer | 46,000 GIP | +64% |
| Sonography Technologist | 42,700 GIP | +52% |
| Speech and Language Pathologist | 65,000 GIP | +130% |
| Ultrasonographer | 36,800 GIP | +31% |
| Ultrasound Technologist | 32,600 GIP | +16% |
| Vascular Technologist | 30,800 GIP | +10% |
| X-Ray Technologist | 42,600 GIP | +52% |
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 Gibraltar earn 18% more than their private sector counterparts on average across all sectors.
| Private Sector | 36,500 GIP | |
| Public Sector | +18% | 43,000 GIP |
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