Average Architecture Estimating Manager Salary in Nicaragua for 2024

In this article, we will look at the average Architecture Estimating Manager salary for 2024 in Nicaragua and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Nicaraguan córdoba. To keep things simple, we are using the NIO currency code instead of the currency symbol C$.

How Much Does an Architecture Estimating Manager Make in Nicaragua?

An Architecture Estimating Manager working in Nicaragua will typically earn around 308,900 NIO per year, and this can range from the lowest average salary of about 159,400 NIO to the highest average salary of 467,700 NIO.

Average Annual Salary
308,900 NIO
Average Monthly Salary
25,741 NIO

Lowest Annual Salary
159,400 NIO
Lowest Monthly Salary
13,283 NIO

Highest Annual Salary
467,700 NIO
Highest Monthly Salary
38,975 NIO

These are average salaries for an Architecture Estimating Manager in Nicaragua and include benefits such as housing and transport. It's also possible for an Architecture Estimating Manager to earn more or less than the average salaries shown above.

Architecture Estimating Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Architecture Estimating Manager Salaries in Nicaragua

So we've looked at the average salaries an Architecture Estimating Manager will earn in Nicaragua. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Architecture Estimating Manager can earn between 159,400 NIO and 467,700 NIO on average in Nicaragua. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Architecture Estimating Manager in Nicaragua is 294,300 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 294,300 NIO, and 50% of the population earn more than 294,300 NIO.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Architecture Estimating Manager salary in Nicaragua, 25% of the population are earning less than 205,700 NIO while 75% of the population earn more than 205,700 NIO.

75% of the population earn less than 366,200 NIO, and 25% of the population earn more than 366,200 NIO.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Architecture Estimating Manager Salary by Experience Level in Nicaragua

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average architecture estimating manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Architecture Estimating Manager in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 181,600 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Architecture Estimating Manager salary would increase to 243,000 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as an Architecture Estimating Manager, the average salary would be 313,700 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 384,200 NIO.
  • 15 - 20 Years Experience. An Architecture Estimating Manager with 15 to 20 years of experience can earn an average of 419,400 NIO.
  • 20+ Years Experience. For an Architecture Estimating Manager with more than 20 years, the expected average salary increases to 437,900 NIO.

Average Salary by Experience Chart

0-2 Years
181,600 NIO
2-5 Years +34%
243,000 NIO
5-10 Years +30%
313,700 NIO
10-15 Years +21%
384,200 NIO
15-20 Years +9%
419,400 NIO
20+ Years +5%
437,900 NIO

Architecture Estimating Manager Salary by Education Level in Nicaragua

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Architecture Estimating Manager in Nicaragua based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Architecture Estimating Manager in Nicaragua with a bachelor's degree education can earn an average salary of 254,800 NIO.

  • Master's Degree. An Architecture Estimating Manager in Nicaragua with a master's degree education can earn an average salary of 353,600 NIO.

Average Salary by Education Chart

Bachelor's Degree
254,800 NIO
Master's Degree +39%
353,600 NIO

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Nicaragua is around 94,700 to 284,000 NIO and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Architecture Estimating Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Nicaragua, a male architecture estimating manager will earn an average of 322,600 NIO, while a female architecture estimating manager will earn around 294,700 NIO.

This means that a male architecture estimating manager earns approximately 9% more than a female architecture estimating manager for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
322,600 NIO
Female -9%
294,700 NIO

Architecture Estimating Manager Average Pay Raise in Nicaragua

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Architecture Estimating Manager in Nicaragua is around 8% every 29 months.

The national average pay raise across all professions and industries in Nicaragua is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 8 ÷ 29 ) × 12  = 3%

What this means is that an Architecture Estimating Manager in Nicaragua can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Nicaragua for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Nicaragua.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

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

Architecture Estimating Manager Bonus and Incentive Rates in Nicaragua

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Architecture Estimating Manager is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
61%
No Bonus
39%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Nicaragua earn approximately 14% more than private sector employees in the same role.

Public Sector
245,300 NIO
Private Sector -14%
215,100 NIO

Salaries for Jobs Similar to an Architecture Estimating Manager

In the table below, we have salary information for jobs that are similar to an Architecture Estimating Manager in Nicaragua.

Job Title Category Salary
Architect Architecture 259,100 NIO
Architectural Designer Architecture 261,300 NIO
Architectural Drafter Architecture 105,620 NIO
Architectural Manager Architecture 417,200 NIO
Architectural Technician Architecture 154,700 NIO
Architectural Technologist Architecture 150,000 NIO
Architecture Consultant Architecture 367,900 NIO
Architecture Specifications Writer Architecture 102,720 NIO
Assistant Architectural Manager Architecture 389,200 NIO
CAD Drafter Architecture 114,940 NIO
CAD Manager Architecture 261,300 NIO
Design and Decoration Assistant Architecture 118,520 NIO
Design Manager Architecture 372,600 NIO
Drafter Architecture 104,900 NIO
Drafting Supervisor Architecture 187,300 NIO
Facilities and Project Manager Architecture 359,900 NIO
Facility Planner Architecture 207,800 NIO
Interior Architect Architecture 217,900 NIO
Interior Decorator Architecture 192,600 NIO
Interior Design Assistant Architecture 98,960 NIO
Interior Designer Architecture 214,000 NIO
Kitchen Designer Architecture 136,200 NIO
Landscape Architect Architecture 325,800 NIO
Landscape Artist Architecture 174,000 NIO
Landscaper Architecture 159,500 NIO
Mapping Technician Architecture 98,960 NIO
Mechanical Drafter Architecture 125,700 NIO
Photogrammetrist Architecture 111,900 NIO

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