Average Audio and Video Equipment Technician Salary in Nicaragua for 2024

In this article, we will look at the average Audio and Video Equipment Technician 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 Audio and Video Equipment Technician Make in Nicaragua?

An Audio and Video Equipment Technician working in Nicaragua will typically earn around 124,400 NIO per year, and this can range from the lowest average salary of about 65,940 NIO to the highest average salary of 192,000 NIO.

Average Annual Salary
124,400 NIO
Average Monthly Salary
10,366 NIO

Lowest Annual Salary
65,940 NIO
Lowest Monthly Salary
5,495 NIO

Highest Annual Salary
192,000 NIO
Highest Monthly Salary
16,000 NIO

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

Audio and Video Equipment Technician 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 Audio and Video Equipment Technician Salaries in Nicaragua

So we've looked at the average salaries an Audio and Video Equipment Technician will earn in Nicaragua. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Audio and Video Equipment Technician can earn between 65,940 NIO and 192,000 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 Audio and Video Equipment Technician in Nicaragua is 119,700 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 119,700 NIO, and 50% of the population earn more than 119,700 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 Audio and Video Equipment Technician salary in Nicaragua, 25% of the population are earning less than 84,780 NIO while 75% of the population earn more than 84,780 NIO.

75% of the population earn less than 151,800 NIO, and 25% of the population earn more than 151,800 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.

Audio and Video Equipment Technician 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 audio and video equipment technician 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 Audio and Video Equipment Technician in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 73,100 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Audio and Video Equipment Technician salary would increase to 101,020 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as an Audio and Video Equipment Technician, the average salary would be 129,000 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 157,600 NIO.
  • 15 - 20 Years Experience. An Audio and Video Equipment Technician with 15 to 20 years of experience can earn an average of 172,200 NIO.
  • 20+ Years Experience. For an Audio and Video Equipment Technician with more than 20 years, the expected average salary increases to 180,300 NIO.

Average Salary by Experience Chart

0-2 Years
73,100 NIO
2-5 Years +34%
101,020 NIO
5-10 Years +30%
129,000 NIO
10-15 Years +21%
157,600 NIO
15-20 Years +9%
172,200 NIO
20+ Years +5%
180,300 NIO

Audio and Video Equipment Technician 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 Audio and Video Equipment Technician 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 Audio and Video Equipment Technician in Nicaragua with a high school education can earn an average salary of 88,620 NIO.

  • Certificate or Diploma. An Audio and Video Equipment Technician in Nicaragua with a certificate or diploma education can earn an average salary of 127,700 NIO.

  • Bachelor's Degree. An Audio and Video Equipment Technician in Nicaragua with a bachelor's degree education can earn an average salary of 172,200 NIO.

Average Salary by Education Chart

High School
88,620 NIO
Certificate or Diploma +43%
127,700 NIO
Bachelor's Degree +38%
172,200 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.

Audio and Video Equipment Technician 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 audio and video equipment technician will earn an average of 130,400 NIO, while a female audio and video equipment technician will earn around 119,700 NIO.

This means that a male audio and video equipment technician earns approximately 9% more than a female audio and video equipment technician for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
130,400 NIO
Female -9%
119,700 NIO

Audio and Video Equipment Technician 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 Audio and Video Equipment Technician in Nicaragua is around 7% every 28 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that an Audio and Video Equipment Technician 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%

Audio and Video Equipment Technician 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 Audio and Video Equipment Technician is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% 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 1% to 3%.

Received Bonus
9%
No Bonus
91%

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 Audio and Video Equipment Technician

In the table below, we have salary information for jobs that are similar to an Audio and Video Equipment Technician in Nicaragua.

Job Title Category Salary
Advertising Account Executive Advertising / Graphic Design / Events 246,500 NIO
Advertising Account Manager Advertising / Graphic Design / Events 263,200 NIO
Advertising Account Planner Advertising / Graphic Design / Events 142,300 NIO
Advertising and Promotions Manager Advertising / Graphic Design / Events 361,600 NIO
Advertising Coordinator Advertising / Graphic Design / Events 172,200 NIO
Advertising Manager Advertising / Graphic Design / Events 371,100 NIO
Advertising Operations Manager Advertising / Graphic Design / Events 378,800 NIO
Advertising Sales Director Advertising / Graphic Design / Events 384,200 NIO
Advertising Strategic Planner Advertising / Graphic Design / Events 240,500 NIO
Advertising Team Leader Advertising / Graphic Design / Events 209,500 NIO
Animator Advertising / Graphic Design / Events 169,000 NIO
Art Director Advertising / Graphic Design / Events 222,300 NIO
Art Manager Advertising / Graphic Design / Events 225,700 NIO
Artist Advertising / Graphic Design / Events 180,300 NIO
Artworker Advertising / Graphic Design / Events 136,100 NIO
Assistant Art Director Advertising / Graphic Design / Events 168,100 NIO
Audio Engineer Advertising / Graphic Design / Events 154,700 NIO
Audiosual Technician Advertising / Graphic Design / Events 136,100 NIO
Broadcast Administrator Advertising / Graphic Design / Events 231,000 NIO
Catering Sales Advertising / Graphic Design / Events 152,100 NIO
Catering Trainer Advertising / Graphic Design / Events 167,100 NIO
Commercial and Industrial Designer Advertising / Graphic Design / Events 128,900 NIO
Conference Organiser Advertising / Graphic Design / Events 164,200 NIO
Content and Media Production Lead Advertising / Graphic Design / Events 246,500 NIO
CopyWriter Advertising / Graphic Design / Events 158,700 NIO
Creative Designer Advertising / Graphic Design / Events 164,200 NIO
Creative Director Advertising / Graphic Design / Events 218,900 NIO
Designer Advertising / Graphic Design / Events 128,900 NIO
Desktop Publisher Advertising / Graphic Design / Events 106,160 NIO
Digital Campaign Manager Advertising / Graphic Design / Events 243,000 NIO
Digital Media Manager Advertising / Graphic Design / Events 263,900 NIO
Digital Media Strategist Advertising / Graphic Design / Events 283,400 NIO
Director of Events Advertising / Graphic Design / Events 386,400 NIO
Director of Graphic Design Advertising / Graphic Design / Events 201,100 NIO
Director of Social Media Marketing Advertising / Graphic Design / Events 279,400 NIO
Events and Promotions Manager Advertising / Graphic Design / Events 363,000 NIO
Events Director Advertising / Graphic Design / Events 363,000 NIO
Exhibit Designer Advertising / Graphic Design / Events 172,200 NIO
Exhibit Display Coordinator Advertising / Graphic Design / Events 163,800 NIO
Exhibit Display Manager Advertising / Graphic Design / Events 232,400 NIO
Finisher Advertising / Graphic Design / Events 111,240 NIO
Graphic Artist Advertising / Graphic Design / Events 146,200 NIO
Graphic Design Specialist Advertising / Graphic Design / Events 167,100 NIO
Graphic Designer Advertising / Graphic Design / Events 139,100 NIO
Graphics Artist Advertising / Graphic Design / Events 139,100 NIO
Graphics Design Supervisor Advertising / Graphic Design / Events 200,000 NIO
Group Creative Director Advertising / Graphic Design / Events 254,800 NIO
Imagery Analyst Advertising / Graphic Design / Events 127,700 NIO
Imaging Technologist Advertising / Graphic Design / Events 134,600 NIO
Interaction Designer Advertising / Graphic Design / Events 117,440 NIO
Media Analyst Advertising / Graphic Design / Events 183,600 NIO
Media Executive Advertising / Graphic Design / Events 227,600 NIO
Media Planner Advertising / Graphic Design / Events 192,000 NIO
Media Production Coordinator Advertising / Graphic Design / Events 159,500 NIO
Media Production Manager Advertising / Graphic Design / Events 307,400 NIO
Media Project Manager Advertising / Graphic Design / Events 315,700 NIO
Media Relations Representative Advertising / Graphic Design / Events 251,500 NIO
Media Sales Executive Advertising / Graphic Design / Events 288,100 NIO
Meeting and Event Planner Advertising / Graphic Design / Events 174,000 NIO
Multimedia Artist Advertising / Graphic Design / Events 150,000 NIO
Multimedia Specialist Advertising / Graphic Design / Events 134,600 NIO
Photographer Advertising / Graphic Design / Events 123,400 NIO
PPC Campaign Manager Advertising / Graphic Design / Events 228,000 NIO
Print Production Manager Advertising / Graphic Design / Events 254,800 NIO
Product and Brand Manager Advertising / Graphic Design / Events 351,900 NIO
Sales Promotion Manager Advertising / Graphic Design / Events 339,100 NIO
Search Engine Optimization Specialist (SEO) Advertising / Graphic Design / Events 148,300 NIO
Sketch Artist Advertising / Graphic Design / Events 159,400 NIO
Social Media Executive Advertising / Graphic Design / Events 283,700 NIO
Social Media Manager Advertising / Graphic Design / Events 275,200 NIO
Social Media Marketing Manager Advertising / Graphic Design / Events 281,500 NIO
Social Media Strategist Advertising / Graphic Design / Events 275,500 NIO
Special Events Supervisor Advertising / Graphic Design / Events 217,900 NIO
Technical Typist Advertising / Graphic Design / Events 103,200 NIO
User Experience UX Designer Advertising / Graphic Design / Events 152,000 NIO
UX Designer Advertising / Graphic Design / Events 136,200 NIO

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