A person working as a Fuel Cell Engineer in Bosnia and Herzegovina typically earns around 2,370 BAM per month. Salaries range from 1,090 BAM (lowest) to 3,760 BAM (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 salaries in Bosnia and Herzegovina range from 1,090 BAM per month (minimum salary) to 3,760 BAM per month (maximum salary).
The median salary is 2,560 BAM per month, which means that half (50%) of people working as Fuel Cell Engineer(s) are earning less than 2,560 BAM while the other half are earning more than 2,560 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 Fuel Cell Engineer(s) are earning less than 1,640 BAM while 75% of them are earning more than 1,640 BAM. Also from the diagram, 75% of Fuel Cell Engineer(s) are earning less than 3,410 BAM while 25% are earning more than 3,410 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 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 1,240 BAM per month.
While someone with an experience level between two and five years is expected to earn 1,650 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 2,440 BAM per month, 48% more than someone with two to five years of experience.
Additionally, Fuel Cell Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,970 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 3,240 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 3,510 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 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 1,440 BAM per month.
While someone with a Master's Degree gets a salary of 2,770 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 Fuel Cell Engineer employees in Bosnia and Herzegovina earn 11% more than their female counterparts on average.
Fuel Cell Engineer(s) in Bosnia and Herzegovina 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.
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 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.
59% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 41% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% 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 Fuel Cell Engineer is 14% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.
|Job Title||Average Salary|
|Assistant Yard Manager||2,160 BAM||-9%|
|Associate Analyst||2,300 BAM||-3%|
|Associate Landman||970 BAM||-59%|
|Auxiliary Equipment Operator||880 BAM||-63%|
|Biomass Plant Technician||1,020 BAM||-57%|
|Biomass Power Plant Manager||3,020 BAM||+28%|
|Chemical Plant Operator||1,830 BAM||-23%|
|Chief Contract Compliance Engineer||2,290 BAM||-3%|
|Completions Engineer||1,970 BAM||-17%|
|Cost Controller||1,580 BAM||-33%|
|Crude Oil Marketing Representative||2,270 BAM||-4%|
|Distribution Manager||2,830 BAM||+20%|
|Dragline Operator||1,010 BAM||-57%|
|Driller Offsider||770 BAM||-67%|
|Dump Truck Driver||810 BAM||-66%|
|Electric and Gas Operations Manager||4,920 BAM||+110%|
|Energy Advisor||3,410 BAM||+44%|
|Energy Analyst||3,180 BAM||+34%|
|Energy Auditor||2,610 BAM||+10%|
|Energy Dispatch Director||3,810 BAM||+61%|
|Energy Technical Assistant||1,340 BAM||-43%|
|Energy Technical Manager||2,750 BAM||+16%|
|Energy Technical Trainer||1,780 BAM||-25%|
|Exploration Manager||3,590 BAM||+52%|
|Field Safety Auditor||2,490 BAM||+5%|
|Fluids Engineer||1,970 BAM||-17%|
|Fuel Cell Engineer||2,370 BAM||+0%|
|Fuel Cell Technician||1,050 BAM||-56%|
|Fuels Handler||980 BAM||-59%|
|Gas Compressor Operator||970 BAM||-59%|
|Gas Distribution Plant Operator||1,670 BAM||-29%|
|Gas Supply Manager||3,300 BAM||+39%|
|Geothermal Production Manager||3,600 BAM||+52%|
|Geothermal Technician||1,520 BAM||-36%|
|HSE Engineer||2,170 BAM||-8%|
|HSE Officer||1,360 BAM||-43%|
|HSEQ Administrator||1,520 BAM||-36%|
|Instrument Designer||1,630 BAM||-31%|
|Lead Technical Field Advisor||2,730 BAM||+15%|
|Logistics and Tool Coordinator||1,800 BAM||-24%|
|Maintenance Engineer||2,090 BAM||-12%|
|Maintenance Superintendent||1,910 BAM||-19%|
|Material Controller||1,460 BAM||-38%|
|Mine Engineer||2,000 BAM||-15%|
|Mine Surveyor||2,470 BAM||+4%|
|Mining Project Administrator||1,950 BAM||-18%|
|Mining Project Assistant||1,520 BAM||-36%|
|Mining Project Controls Consultant||2,470 BAM||+4%|
|Mining Project Coordinator||1,890 BAM||-20%|
|Mining Project Engineer||2,090 BAM||-12%|
|Mining Project Manager||2,710 BAM||+15%|
|Mining Site Manager||2,840 BAM||+20%|
|Mining Team Leader||2,220 BAM||-6%|
|NDT Technician||1,270 BAM||-46%|
|Oil Service Unit Operator||1,170 BAM||-51%|
|Oil Trader||2,850 BAM||+20%|
|Oilwell Pumper||800 BAM||-66%|
|Petroleum Engineer||2,300 BAM||-3%|
|Petroleum Geologist||3,930 BAM||+66%|
|Petroleum Pump System Operator||1,210 BAM||-49%|
|Pipeline Technician||860 BAM||-64%|
|Power Coordinator||1,370 BAM||-42%|
|Power Plant Operations Manager||4,100 BAM||+73%|
|Power Plant Operator||1,790 BAM||-24%|
|Radio Operator||930 BAM||-61%|
|Reliability Engineer||2,020 BAM||-15%|
|Reservoir Engineer||1,960 BAM||-17%|
|Risk Analyst||2,510 BAM||+6%|
|Shutdown Engineer||1,730 BAM||-27%|
|Solar Energy Installation Manager||3,240 BAM||+37%|
|Solar Energy Systems Engineer||2,120 BAM||-10%|
|Solar Photovoltaic Installer||1,380 BAM||-42%|
|Solar Thermal Technician||1,340 BAM||-43%|
|Supply Operations Manager||3,430 BAM||+45%|
|Sustainability Specialist||3,390 BAM||+43%|
|System Development Advisor||2,470 BAM||+4%|
|Tanker Truck Driver||800 BAM||-66%|
|Utility Operator||1,120 BAM||-53%|
|Wind Energy Project Manager||3,020 BAM||+28%|
|Banja Luka||2,510 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.