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Fuel Cell Engineer Average Salary in Venezuela 2021

How much money does a Fuel Cell Engineer make in Venezuela?


Average Monthly Salary
130,000 VES
( 1,560,000 VES yearly)

LOW
66,300
VES
AVERAGE
130,000
VES
HIGH
200,000
VES

A person working as a Fuel Cell Engineer in Venezuela typically earns around 130,000 VES per month. Salaries range from 66,300 VES (lowest) to 200,000 VES (highest).

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

Fuel Cell Engineer Salary Distribution in Venezuela

Median and salary distribution monthly Venezuela Fuel Cell Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Fuel Cell Engineer salaries in Venezuela range from 66,300 VES per month (minimum salary) to 200,000 VES per month (maximum salary).

  • Median Salary

    The median salary is 127,000 VES per month, which means that half (50%) of people working as Fuel Cell Engineer(s) are earning less than 127,000 VES while the other half are earning more than 127,000 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Fuel Cell Engineer(s) are earning less than 87,200 VES while 75% of them are earning more than 87,200 VES. Also from the diagram, 75% of Fuel Cell Engineer(s) are earning less than 161,000 VES while 25% are earning more than 161,000 VES.


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

Fuel Cell Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Venezuela Fuel Cell Engineer
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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 Fuel Cell Engineer salaries by experience level and this is what we found.

A Fuel Cell Engineer with less than two years of experience makes approximately 74,300 VES per month.

While someone with an experience level between two and five years is expected to earn 97,100 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 136,000 VES per month, 40% 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, Fuel Cell Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 163,000 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 177,000 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 191,000 VES per month, 8% more than people with fifteen to twenty years of experience.


Fuel Cell Engineer average salary change by experience in Venezuela

0 - 2 Years
74,300 VES
2 - 5 Years+31%
97,100 VES
5 - 10 Years+40%
136,000 VES
10 - 15 Years+20%
163,000 VES
15 - 20 Years+9%
177,000 VES
20+ Years+8%
191,000 VES
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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Fuel Cell Engineer Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Venezuela Fuel Cell Engineer
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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 Fuel Cell Engineer salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Fuel Cell Engineer is 91,700 VES per month.

While someone with a Master's Degree gets a salary of 163,000 VES per month, 77% more than someone having a Bachelor's Degree degree.


Fuel Cell Engineer average salary difference by education level in Venezuela

Bachelor's Degree
91,700 VES
Master's Degree+77%
163,000 VES
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 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Fuel Cell Engineer Salary Comparison By Gender

Salary comparison by gender monthly Venezuela Fuel Cell Engineer
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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 Fuel Cell Engineer employees in Venezuela earn 12% more than their female counterparts on average.

Male
138,000 VES
Female-11%
123,000 VES
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Venezuela for all Careers

Salary comparison by gender monthly Venezuela
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Fuel Cell Engineer Average Annual Salary Increment Percentage in Venezuela

How much are annual salary increments in Venezuela for Fuel Cell Engineer(s)? How often do employees get salary raises?

Fuel Cell Engineer

Fuel Cell Engineer(s) in Venezuela are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Venezuela Fuel Cell Engineer
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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.

Venezuela / 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 Venezuela is 2%.

Annual Increment Rate By Industry 2020

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Venezuela 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

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Fuel Cell Engineer Bonus and Incentive Rates in Venezuela

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Venezuela Fuel Cell Engineer
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A Fuel Cell Engineer is considered to be a moderate 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.

64% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 36% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.

Received Bonus
36%
No Bonus
64%

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.

Fuel Cell Engineer Average Hourly Wage in Venezuela


750 VES per hour

The average hourly wage (pay per hour) in Venezuela is 750 VES. This means that the average Fuel Cell Engineer in Venezuela earns approximately 750 VES 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.

Fuel Cell Engineer VS Other Jobs

Salary Comparison Between Fuel Cell Engineer and Oil  / Gas / Energy / Mining monthly Venezuela
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The average salary for Fuel Cell Engineer is 9% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager122,000 VES-6%
Associate Analyst137,000 VES+5%
Associate Landman57,400 VES-56%
Auxiliary Equipment Operator52,300 VES-60%
Biomass Plant Technician58,800 VES-55%
Biomass Power Plant Manager175,000 VES+35%
Chemical Plant Operator104,000 VES-20%
Chief Contract Compliance Engineer131,000 VES+1%
Completions Engineer120,000 VES-8%
Cost Controller87,200 VES-33%
Crude Oil Marketing Representative136,000 VES+5%
Dispatcher52,300 VES-60%
Distribution Manager163,000 VES+25%
Dragline Operator56,300 VES-57%
Driller Offsider45,100 VES-65%
Dump Truck Driver49,900 VES-62%
Electric and Gas Operations Manager287,000 VES+120%
Energy Advisor185,000 VES+42%
Energy Analyst177,000 VES+36%
Energy Auditor146,000 VES+12%
Energy Dispatch Director203,000 VES+56%
Energy Technical Assistant72,600 VES-44%
Energy Technical Manager155,000 VES+19%
Energy Technical Trainer107,000 VES-18%
Exploration Manager213,000 VES+64%
Field Safety Auditor143,000 VES+10%
Fluids Engineer114,000 VES-12%
Fuel Cell Engineer130,000 VES=
Fuel Cell Technician64,200 VES-51%
Fuels Handler58,700 VES-55%
Gas Compressor Operator56,400 VES-57%
Gas Distribution Plant Operator98,000 VES-25%
Gas Supply Manager179,000 VES+38%
Geologist220,000 VES+69%
Geophysicist215,000 VES+65%
Geothermal Production Manager210,000 VES+62%
Geothermal Technician89,000 VES-32%
HSE Engineer128,000 VES-2%
HSE Officer72,800 VES-44%
HSEQ Administrator86,100 VES-34%
Inspector108,000 VES-17%
Instructor96,000 VES-26%
Instrument Designer91,700 VES-29%
Lead Technical Field Advisor155,000 VES+19%
Logistics and Tool Coordinator110,000 VES-15%
Maintenance Engineer123,000 VES-5%
Maintenance Superintendent106,000 VES-18%
Material Controller81,200 VES-38%
Mine Engineer122,000 VES-6%
Mine Surveyor138,000 VES+6%
Mining Project Administrator103,000 VES-21%
Mining Project Assistant82,600 VES-36%
Mining Project Controls Consultant135,000 VES+4%
Mining Project Coordinator109,000 VES-16%
Mining Project Engineer124,000 VES-5%
Mining Project Manager149,000 VES+15%
Mining Site Manager164,000 VES+26%
Mining Team Leader127,000 VES-2%
NDT Technician77,300 VES-41%
Oil Service Unit Operator65,000 VES-50%
Oil Trader164,000 VES+26%
Oilwell Pumper44,600 VES-66%
Petroleum Engineer 132,000 VES+2%
Petroleum Geologist221,000 VES+70%
Petroleum Pump System Operator67,300 VES-48%
Pipeline Technician48,900 VES-62%
Power Coordinator72,200 VES-44%
Power Plant Operations Manager234,000 VES+80%
Power Plant Operator102,000 VES-22%
Radio Operator55,400 VES-57%
Reliability Engineer122,000 VES-6%
Reservoir Engineer117,000 VES-10%
Risk Analyst148,000 VES+14%
Roughneck128,000 VES-2%
Scaffolder83,200 VES-36%
Shutdown Engineer106,000 VES-18%
Solar Energy Installation Manager188,000 VES+45%
Solar Energy Systems Engineer124,000 VES-5%
Solar Photovoltaic Installer81,200 VES-38%
Solar Thermal Technician72,200 VES-44%
Supply Operations Manager201,000 VES+55%
Sustainability Specialist204,000 VES+57%
System Development Advisor146,000 VES+12%
Tanker Truck Driver46,300 VES-64%
Utility Operator68,000 VES-48%
Wind Energy Project Manager165,000 VES+27%

Salary Comparison By City

CityAverage Salary
Barquisimeto121,000 VES
Caracas149,000 VES
Ciudad Guayana121,000 VES
Maracaibo138,000 VES

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

Private Sector
124,000 VES
Public Sector+11%
138,000 VES
Percentage increase and decrease are relative to the previous value

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