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Physician - Cardiology Average Salary in Guatemala 2023

How much money does a Physician - Cardiology make in Guatemala?

Average Monthly Salary
36,400 GTQ
( 437,000 GTQ yearly)


A person working as a Physician - Cardiology in Guatemala typically earns around 36,400 GTQ per month. Salaries range from 19,300 GTQ (lowest) to 55,300 GTQ (highest).

This is the average monthly salary including housing, transport, and other benefits. Physician - Cardiology salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Physician - Cardiology Salary Distribution in Guatemala

Median and salary distribution monthly Guatemala Physician - Cardiology
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The median, the maximum, the minimum, and the range

  • Salary Range

    Physician - Cardiology salaries in Guatemala range from 19,300 GTQ per month (minimum salary) to 55,300 GTQ per month (maximum salary).

  • Median Salary

    The median salary is 34,200 GTQ per month, which means that half (50%) of people working as Physician - Cardiology(s) are earning less than 34,200 GTQ while the other half are earning more than 34,200 GTQ. 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 Physician - Cardiology(s) are earning less than 24,100 GTQ while 75% of them are earning more than 24,100 GTQ. Also from the diagram, 75% of Physician - Cardiology(s) are earning less than 42,100 GTQ while 25% are earning more than 42,100 GTQ.

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

Physician - Cardiology Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Guatemala Physician - Cardiology
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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 Physician - Cardiology salaries by experience level and this is what we found.

A Physician - Cardiology with less than two years of experience makes approximately 22,200 GTQ per month.

While someone with an experience level between two and five years is expected to earn 27,200 GTQ per month, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 38,500 GTQ per month, 42% 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, Physician - Cardiology(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 45,000 GTQ per month, 17% 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 49,500 GTQ per month, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 52,400 GTQ per month, 6% more than people with fifteen to twenty years of experience.

Physician - Cardiology average salary change by experience in Guatemala

0 - 2 Years
22,200 GTQ
2 - 5 Years+23%
27,200 GTQ
5 - 10 Years+42%
38,500 GTQ
10 - 15 Years+17%
45,000 GTQ
15 - 20 Years+10%
49,500 GTQ
20+ Years+6%
52,400 GTQ
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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Physician - Cardiology Salary Comparison By Gender

Salary comparison by gender monthly Guatemala Physician - Cardiology
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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 Physician - Cardiology employees in Guatemala earn 13% more than their female counterparts on average.

38,000 GTQ
33,800 GTQ
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Guatemala for all Careers

Salary comparison by gender monthly Guatemala
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Physician - Cardiology Average Annual Salary Increment Percentage in Guatemala

How much are annual salary increments in Guatemala for Physician - Cardiology(s)? How often do employees get salary raises?

Physician - Cardiology

Physician - Cardiology(s) in Guatemala are likely to observe a salary increase of approximately 13% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.

Annual Salary Increment Rate Guatemala Physician - Cardiology
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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.

Guatemala / 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 Guatemala is 4%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Guatemala for the year 2022. 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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Physician - Cardiology Bonus and Incentive Rates in Guatemala

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Guatemala Physician - Cardiology
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A Physician - Cardiology is considered to be a high 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.

20% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
No Bonus

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.

A graphics designer working for a graphics designing company.

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.

Physician - Cardiology Average Hourly Wage in Guatemala

210 GTQ per hour

The average hourly wage (pay per hour) in Guatemala is 210 GTQ. This means that the average Physician - Cardiology in Guatemala earns approximately 210 GTQ 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.

Physician - Cardiology VS Other Jobs

Salary Comparison Between Physician - Cardiology and Health and Medical monthly Guatemala
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The average salary for Physician - Cardiology is 48% more than that of Doctor / Physician. Also, Doctor / Physician salaries are 57% more than those of Health and Medical.

Salary comparison with similar jobs

Job TitleAverage Salary
Advanced Nutrition Aide13,600 GTQ-63%
Advanced Practice Provider14,100 GTQ-61%
Allergist18,000 GTQ-51%
Behavioral Health Specialist11,200 GTQ-69%
Chiropractor11,500 GTQ-68%
Clinical Psychologist31,000 GTQ-15%
Correctional Treatment Specialist18,300 GTQ-50%
Counseling Psychologist24,800 GTQ-32%
Dermatologist29,800 GTQ-18%
Dietitian18,600 GTQ-49%
Doctor25,600 GTQ-30%
Emergency Department Physician23,100 GTQ-36%
Exercise Physiologist24,100 GTQ-34%
Forensic Pathologist27,500 GTQ-24%
General Medical Practitioner20,300 GTQ-44%
Genetic Counselor15,600 GTQ-57%
Internist31,300 GTQ-14%
Interventionist29,700 GTQ-18%
Invasive Cardiologist39,200 GTQ+8%
Mental Health Therapst17,800 GTQ-51%
Naturopathic Physician29,000 GTQ-20%
Neurologist30,900 GTQ-15%
Neurophysiology Technologist9,070 GTQ-75%
Nuclear Medicine Physician25,100 GTQ-31%
Obstetrician / Gynecologist26,300 GTQ-28%
Occupational Health Safety Specialist14,400 GTQ-60%
Ophthalmologist20,400 GTQ-44%
Optometrist21,800 GTQ-40%
Pediatrician22,900 GTQ-37%
Physical Therapist16,300 GTQ-55%
Physical Therapy Director18,600 GTQ-49%
Physician - Anesthesiology34,300 GTQ-6%
Physician - Cardiology36,400 GTQ+0%
Physician - CCU20,400 GTQ-44%
Physician - Dermatology31,400 GTQ-14%
Physician - Emergency Room23,300 GTQ-36%
Physician - Endocrinology29,500 GTQ-19%
Physician - Family Practice20,300 GTQ-44%
Physician - Gastroenterology27,200 GTQ-25%
Physician - Generalist21,600 GTQ-41%
Physician - Geriatrics18,400 GTQ-49%
Physician - Hematology / Oncology25,500 GTQ-30%
Physician - Immunology / Allergy31,500 GTQ-13%
Physician - Infectious Disease26,600 GTQ-27%
Physician - Internal Medicine32,100 GTQ-12%
Physician - Maternal / Fetal Medicine25,400 GTQ-30%
Physician - Nephrology30,800 GTQ-15%
Physician - Neurology30,400 GTQ-16%
Physician - Nuclear Medicine25,600 GTQ-30%
Physician - Obstetrics / Gynecology26,700 GTQ-27%
Physician - Occupational Medicine20,400 GTQ-44%
Physician - Ophthalmology19,000 GTQ-48%
Physician - Otolaryngology19,500 GTQ-46%
Physician - Pain Medicine18,000 GTQ-51%
Physician - Pathology22,600 GTQ-38%
Physician - Pediatric Cardiology27,700 GTQ-24%
Physician - Pediatric Neonatology26,100 GTQ-28%
Physician - Pediatrics23,400 GTQ-36%
Physician - Physiatry25,200 GTQ-31%
Physician - Podiatry22,800 GTQ-37%
Physician - Pulmonary Medicine17,800 GTQ-51%
Physician - Radiation Therapy32,000 GTQ-12%
Physician - Radiology31,600 GTQ-13%
Physician - Rheumatology27,600 GTQ-24%
Physician - Sports Medicine27,100 GTQ-25%
Physician - Urology34,700 GTQ-5%
Physician Assistant16,000 GTQ-56%
Physiotherapist17,700 GTQ-51%
Podiatrist19,500 GTQ-46%
Preventive Medicine Physician23,900 GTQ-34%
Psychiatrist26,500 GTQ-27%
Psychololgist25,900 GTQ-29%
Psychometrician21,900 GTQ-40%
Radiologist27,500 GTQ-24%
Registered Respiratory Therapist16,500 GTQ-55%
Skin Care Specialist14,700 GTQ-60%
Urologist34,200 GTQ-6%
Vision Rehabilitation Therapist15,600 GTQ-57%

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

Private Sector
10,000 GTQ
Public Sector+11%
11,100 GTQ
Percentage increase and decrease are relative to the previous value

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