Average Area Sales Manager Salary in Nicaragua for 2024

In this article, we will look at the average Area Sales 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 Area Sales Manager Make in Nicaragua?

An Area Sales Manager working in Nicaragua will typically earn around 371,100 NIO per year, and this can range from the lowest average salary of about 191,600 NIO to the highest average salary of 566,900 NIO.

Average Annual Salary
371,100 NIO
Average Monthly Salary
30,925 NIO

Lowest Annual Salary
191,600 NIO
Lowest Monthly Salary
15,966 NIO

Highest Annual Salary
566,900 NIO
Highest Monthly Salary
47,241 NIO

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

Area Sales 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 Area Sales Manager Salaries in Nicaragua

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

Salary ranges

We already know that an Area Sales Manager can earn between 191,600 NIO and 566,900 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 Area Sales Manager in Nicaragua is 357,300 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 357,300 NIO, and 50% of the population earn more than 357,300 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 Area Sales Manager salary in Nicaragua, 25% of the population are earning less than 246,500 NIO while 75% of the population earn more than 246,500 NIO.

75% of the population earn less than 445,100 NIO, and 25% of the population earn more than 445,100 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.

Area Sales 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 area sales 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 Area Sales Manager in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 221,500 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Area Sales Manager salary would increase to 294,700 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as an Area Sales Manager, the average salary would be 384,200 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 464,400 NIO.
  • 15 - 20 Years Experience. An Area Sales Manager with 15 to 20 years of experience can earn an average of 504,500 NIO.
  • 20+ Years Experience. For an Area Sales Manager with more than 20 years, the expected average salary increases to 531,700 NIO.

Average Salary by Experience Chart

0-2 Years
221,500 NIO
2-5 Years +34%
294,700 NIO
5-10 Years +30%
384,200 NIO
10-15 Years +21%
464,400 NIO
15-20 Years +9%
504,500 NIO
20+ Years +5%
531,700 NIO

Area Sales 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 Area Sales 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.

  • High School. An Area Sales Manager in Nicaragua with a high school education can earn an average salary of 265,000 NIO.

  • Certificate or Diploma. An Area Sales Manager in Nicaragua with a certificate or diploma education can earn an average salary of 301,600 NIO.

  • Bachelor's Degree. An Area Sales Manager in Nicaragua with a bachelor's degree education can earn an average salary of 425,100 NIO.

  • Master's Degree. An Area Sales Manager in Nicaragua with a master's degree education can earn an average salary of 514,800 NIO.

Average Salary by Education Chart

High School
265,000 NIO
Certificate or Diploma +14%
301,600 NIO
Bachelor's Degree +41%
425,100 NIO
Master's Degree +21%
514,800 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.

Area Sales 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 area sales manager will earn an average of 390,000 NIO, while a female area sales manager will earn around 359,900 NIO.

This means that a male area sales manager earns approximately 8% more than a female area sales manager for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
390,000 NIO
Female -8%
359,900 NIO

Area Sales 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 Area Sales Manager in Nicaragua is around 9% 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that an Area Sales Manager in Nicaragua can expect to receive an average pay raise of around 4% 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%

Area Sales 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 Area Sales Manager is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% 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
62%
No Bonus
38%

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 Area Sales Manager

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

Job Title Category Salary
Account Manager Sales Retail and Wholesale 251,500 NIO
Account Officer Sales Retail and Wholesale 136,100 NIO
Area Manager Sales Retail and Wholesale 286,400 NIO
Area Sales Director Sales Retail and Wholesale 472,000 NIO
Assisstant Store Supervisor Sales Retail and Wholesale 152,100 NIO
Assistant Department Manager Sales Retail and Wholesale 172,400 NIO
Assistant Retail Store Manager Sales Retail and Wholesale 204,000 NIO
Branch Manager Sales Retail and Wholesale 268,900 NIO
Branch Supervisor Sales Retail and Wholesale 239,000 NIO
Cashier Sales Retail and Wholesale 84,800 NIO
Cashier Manager Sales Retail and Wholesale 194,600 NIO
Commercial Sales Manager Sales Retail and Wholesale 378,300 NIO
Corporate Sales Manager Sales Retail and Wholesale 308,900 NIO
Depot Manager Sales Retail and Wholesale 259,100 NIO
Depot Supervisor Sales Retail and Wholesale 227,600 NIO
Deputy Sales Manager Sales Retail and Wholesale 240,500 NIO
Director of Sales Sales Retail and Wholesale 451,000 NIO
Distribution Director Sales Retail and Wholesale 292,000 NIO
District Leader Sales Retail and Wholesale 228,500 NIO
District Manager Sales Retail and Wholesale 272,800 NIO
District Sales Manager Sales Retail and Wholesale 290,800 NIO
External Sales Account Manager Sales Retail and Wholesale 263,100 NIO
Field Sales Representative Sales Retail and Wholesale 183,700 NIO
Furniture Sales Associate Sales Retail and Wholesale 125,100 NIO
Global Wholesale Manager Sales Retail and Wholesale 478,100 NIO
Head Cashier Sales Retail and Wholesale 176,800 NIO
Head of Direct Sales Sales Retail and Wholesale 322,600 NIO
Head of Retail Sales Retail and Wholesale 340,400 NIO
Head Teller Sales Retail and Wholesale 169,000 NIO
Inside Sales Sales Retail and Wholesale 142,300 NIO
Inside Sales Account Manager Sales Retail and Wholesale 222,300 NIO
Inside Sales Engineer Sales Retail and Wholesale 161,300 NIO
Inside Sales Executive Sales Retail and Wholesale 227,600 NIO
Inside Sales Representative Sales Retail and Wholesale 148,300 NIO
Internal Sales Manager Sales Retail and Wholesale 261,300 NIO
Inventory Manager Sales Retail and Wholesale 252,300 NIO
Key Account Manager Sales Retail and Wholesale 268,900 NIO
Medical Device Sales Sales Retail and Wholesale 212,500 NIO
Medical Device Sales Representative Sales Retail and Wholesale 204,000 NIO
Merchandiser Sales Retail and Wholesale 172,200 NIO
National Account Manager Sales Retail and Wholesale 352,000 NIO
National Customer Solution Specialist Sales Retail and Wholesale 307,400 NIO
National Sales Manager Sales Retail and Wholesale 450,300 NIO
Outside Sales Representative Sales Retail and Wholesale 183,600 NIO
Parts Salesperson Sales Retail and Wholesale 150,000 NIO
Project Development Manager Sales Retail and Wholesale 299,500 NIO
Project Manager Sales Retail and Wholesale 296,000 NIO
Project Sales Executive Sales Retail and Wholesale 273,300 NIO
Purchasing and Sales Executive Sales Retail and Wholesale 384,500 NIO
Quotation Engineer Sales Retail and Wholesale 151,800 NIO
Regional Sales Director Sales Retail and Wholesale 467,700 NIO
Regional Sales Manager Sales Retail and Wholesale 466,300 NIO
Relationship Manager Sales Retail and Wholesale 311,700 NIO
Retail Merchandiser Sales Retail and Wholesale 108,320 NIO
Retail Operations Manager Sales Retail and Wholesale 263,900 NIO
Retail Sales Associate Sales Retail and Wholesale 212,500 NIO
Retail Sales Representative Sales Retail and Wholesale 163,800 NIO
Retail Salesperson Sales Retail and Wholesale 151,800 NIO
Retail Store Manager Sales Retail and Wholesale 275,200 NIO
Retail Store Sales Person Sales Retail and Wholesale 150,000 NIO
Revenue Manager Sales Retail and Wholesale 261,300 NIO
Sales Account Manager Sales Retail and Wholesale 314,500 NIO
Sales Admin Executive Sales Retail and Wholesale 369,900 NIO
Sales Administration Manager Sales Retail and Wholesale 322,600 NIO
Sales Analyst Sales Retail and Wholesale 267,100 NIO
Sales Assistant Sales Retail and Wholesale 105,300 NIO
Sales Associate Sales Retail and Wholesale 138,800 NIO
Sales Consultant Sales Retail and Wholesale 215,100 NIO
Sales Coordinator Sales Retail and Wholesale 154,700 NIO
Sales Development Representative Sales Retail and Wholesale 176,800 NIO
Sales Director Sales Retail and Wholesale 420,800 NIO
Sales Engineer Sales Retail and Wholesale 158,700 NIO
Sales Executive Sales Retail and Wholesale 273,300 NIO
Sales Manager Sales Retail and Wholesale 382,600 NIO
Sales Officer Sales Retail and Wholesale 152,000 NIO
Sales Planner Sales Retail and Wholesale 225,700 NIO
Sales Planning Analyst Sales Retail and Wholesale 247,800 NIO
Sales Representative Sales Retail and Wholesale 139,100 NIO
Sales Service Associate Sales Retail and Wholesale 142,300 NIO
Sales Specialist Sales Retail and Wholesale 210,500 NIO
Sales Supervisor Sales Retail and Wholesale 228,500 NIO
Sales Support Sales Retail and Wholesale 105,980 NIO
Sales Support Manager Sales Retail and Wholesale 231,000 NIO
Sales Team Leader Sales Retail and Wholesale 239,000 NIO
Sales Trainer Sales Retail and Wholesale 263,100 NIO
Securities Sales Agent Sales Retail and Wholesale 253,400 NIO
Shipper / Receiver Sales Retail and Wholesale 105,800 NIO
Shop Manager Sales Retail and Wholesale 263,100 NIO
Store Development Administrator Sales Retail and Wholesale 189,300 NIO
Store Manager Sales Retail and Wholesale 281,500 NIO
Territory Sales Manager Sales Retail and Wholesale 371,100 NIO
Territory Sales Representative Sales Retail and Wholesale 197,600 NIO
Trade Marketing Officer Sales Retail and Wholesale 239,000 NIO
Treasury Officer Sales Retail and Wholesale 228,000 NIO
Vice President Sales Sales Retail and Wholesale 353,600 NIO
Visual Merchandiser Sales Retail and Wholesale 136,100 NIO

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