Average Bartender Salary in Panama for 2024

In this article, we will look at the average Bartender salary for 2024 in Panama 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 Panamanian balboa. To keep things simple, we are using the PAB currency code instead of the currency symbol B/..

How Much Does a Bartender Make in Panama?

A Bartender working in Panama will typically earn around 7,820 PAB per year, and this can range from the lowest average salary of about 5,780 PAB to the highest average salary of 17,260 PAB.

Average Annual Salary
7,820 PAB
Average Monthly Salary
651 PAB

Lowest Annual Salary
5,780 PAB
Lowest Monthly Salary
481 PAB

Highest Annual Salary
17,260 PAB
Highest Monthly Salary
1,438 PAB

These are average salaries for a Bartender in Panama and include benefits such as housing and transport. It's also possible for a Bartender to earn more or less than the average salaries shown above.

Bartender 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 Bartender Salaries in Panama

So we've looked at the average salaries a Bartender will earn in Panama. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bartender can earn between 5,780 PAB and 17,260 PAB on average in Panama. 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 a Bartender in Panama is 11,300 PAB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 11,300 PAB, and 50% of the population earn more than 11,300 PAB.

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 Bartender salary in Panama, 25% of the population are earning less than 5,520 PAB while 75% of the population earn more than 5,520 PAB.

75% of the population earn less than 14,620 PAB, and 25% of the population earn more than 14,620 PAB.

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.

Bartender Salary by Experience Level in Panama

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 bartender 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. A Bartender in Panama that has less than two years of experience can expect to earn somewhere in the region of 5,720 PAB.
  • 2 - 5 Years Experience. With two to five years of experience the average Bartender salary would increase to 7,300 PAB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bartender, the average salary would be 11,300 PAB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 13,700 PAB.
  • 15 - 20 Years Experience. A Bartender with 15 to 20 years of experience can earn an average of 14,540 PAB.
  • 20+ Years Experience. For a Bartender with more than 20 years, the expected average salary increases to 14,840 PAB.

Average Salary by Experience Chart

0-2 Years
5,720 PAB
2-5 Years +42%
7,300 PAB
5-10 Years +31%
11,300 PAB
10-15 Years +23%
13,700 PAB
15-20 Years +6%
14,540 PAB
20+ Years +10%
14,840 PAB

Bartender Salary by Education Level in Panama

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 a Bartender in Panama based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Bartender in Panama with a high school education can earn an average salary of 7,620 PAB.

  • Certificate or Diploma. A Bartender in Panama with a certificate or diploma education can earn an average salary of 12,120 PAB.

Average Salary by Education Chart

High School
7,620 PAB
Certificate or Diploma +72%
12,120 PAB

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 Panama is around 10,600 to 31,800 PAB 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.

Bartender 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 Panama, a male bartender will earn an average of 11,300 PAB, while a female bartender will earn around 8,100 PAB.

This means that a male bartender earns approximately 40% more than a female bartender for performing the same job.

Average Salary by Gender Chart in Panama

Male
11,300 PAB
Female -40%
8,100 PAB

Bartender Average Pay Raise in Panama

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 a Bartender in Panama is around 8% every 19 months.

The national average pay raise across all professions and industries in Panama is around 7% every 19 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 ÷ 19 ) × 12  = 5%

What this means is that a Bartender in Panama can expect to receive an average pay raise of around 5% every 12 months.

Annual Pay Raise by Industry in Panama for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Bartender Bonus and Incentive Rates in Panama

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.

A Bartender is a low bonus based job, with 29% of employees reporting at least one bonus in the last 12 months.

71% 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 0% to 4%.

Received Bonus
29%
No Bonus
71%

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 Panama earn approximately 4% more than private sector employees in the same role.

Public Sector
27,040 PAB
Private Sector -4%
26,020 PAB

Salaries for Jobs Similar to a Bartender

In the table below, we have salary information for jobs that are similar to a Bartender in Panama.

Job Title Category Salary
All Rounder Food / Hospitality / Tourism / Catering 11,300 PAB
Assistant Executive Housekeeper Food / Hospitality / Tourism / Catering 5,960 PAB
Assistant Food and Beverage Controller Food / Hospitality / Tourism / Catering 11,880 PAB
Assistant Food and Beverage Director Food / Hospitality / Tourism / Catering 31,400 PAB
Assistant Hospitality Manager Food / Hospitality / Tourism / Catering 31,520 PAB
Assistant Storekeeper Food / Hospitality / Tourism / Catering 6,760 PAB
Assistant Tour Manager Food / Hospitality / Tourism / Catering 15,760 PAB
Baker and Pastrycook Food / Hospitality / Tourism / Catering 7,080 PAB
Bakery Manager Food / Hospitality / Tourism / Catering 19,020 PAB
Bakery Superintendent Food / Hospitality / Tourism / Catering 13,060 PAB
Banquet Captain Food / Hospitality / Tourism / Catering 8,100 PAB
Banquet Manager Food / Hospitality / Tourism / Catering 12,120 PAB
Banquet Server Food / Hospitality / Tourism / Catering 5,960 PAB
Bar Attendant Food / Hospitality / Tourism / Catering 9,020 PAB
Bar Manager Food / Hospitality / Tourism / Catering 17,620 PAB
Bar Supervisor Food / Hospitality / Tourism / Catering 12,200 PAB
Barista Food / Hospitality / Tourism / Catering 9,460 PAB
Bellman Food / Hospitality / Tourism / Catering 5,960 PAB
Beverage Manager Food / Hospitality / Tourism / Catering 19,020 PAB
Bistro Attendant Food / Hospitality / Tourism / Catering 6,440 PAB
Buffet Chef Food / Hospitality / Tourism / Catering 17,100 PAB
Buffet Host Food / Hospitality / Tourism / Catering 10,100 PAB
Buffet Manager Food / Hospitality / Tourism / Catering 19,220 PAB
Butcher and Slaughterer Food / Hospitality / Tourism / Catering 5,200 PAB
Cafeteria Assistant Food / Hospitality / Tourism / Catering 7,240 PAB
Cafeteria Manager Food / Hospitality / Tourism / Catering 15,760 PAB
Cafeteria Supervisor Food / Hospitality / Tourism / Catering 10,000 PAB
Cake Decorator Food / Hospitality / Tourism / Catering 7,820 PAB
Casino Shift Manager Food / Hospitality / Tourism / Catering 28,720 PAB
Chain Store Customer Support Food / Hospitality / Tourism / Catering 14,540 PAB
Chef Food / Hospitality / Tourism / Catering 17,020 PAB
Chef De Cuisine Food / Hospitality / Tourism / Catering 22,420 PAB
Club Manager Food / Hospitality / Tourism / Catering 31,940 PAB
Cluster Director Food / Hospitality / Tourism / Catering 37,380 PAB
Cluster Revenue Manager Food / Hospitality / Tourism / Catering 26,860 PAB
Cocktail Server Food / Hospitality / Tourism / Catering 10,100 PAB
Coffee Shop Manager Food / Hospitality / Tourism / Catering 27,560 PAB
Concierge Food / Hospitality / Tourism / Catering 7,620 PAB
Confectionery Baker Food / Hospitality / Tourism / Catering 10,320 PAB
Conference and Sales Coordinator Food / Hospitality / Tourism / Catering 14,840 PAB
Conference Services Manager Food / Hospitality / Tourism / Catering 19,640 PAB
Cook Food / Hospitality / Tourism / Catering 13,960 PAB
Corporate Sous Chef Food / Hospitality / Tourism / Catering 23,520 PAB
Corporate Travel Consultant Food / Hospitality / Tourism / Catering 20,000 PAB
Croupier Food / Hospitality / Tourism / Catering 12,760 PAB
Culinary Assistant Food / Hospitality / Tourism / Catering 7,620 PAB
Culinary Associate Food / Hospitality / Tourism / Catering 6,080 PAB
Demi Chef Food / Hospitality / Tourism / Catering 15,580 PAB
Dietary Aide Food / Hospitality / Tourism / Catering 16,880 PAB
Dining Room Supervisor Food / Hospitality / Tourism / Catering 14,200 PAB
Dishwasher Food / Hospitality / Tourism / Catering 5,040 PAB
Duty Manager Food / Hospitality / Tourism / Catering 18,940 PAB
Events Coordinator Food / Hospitality / Tourism / Catering 12,620 PAB
Executive Chef Food / Hospitality / Tourism / Catering 19,220 PAB
Executive Pastry Chef Food / Hospitality / Tourism / Catering 13,560 PAB
Fast Food Cook Food / Hospitality / Tourism / Catering 10,980 PAB
Fast Food Shift Supervisor Food / Hospitality / Tourism / Catering 11,360 PAB
Fine Dining Cook Food / Hospitality / Tourism / Catering 23,500 PAB
Fine Dining Restaurant Chef Food / Hospitality / Tourism / Catering 19,940 PAB
Fleet Manager Food / Hospitality / Tourism / Catering 40,140 PAB
Food and Beverage Manager Food / Hospitality / Tourism / Catering 31,540 PAB
Food Consultant Food / Hospitality / Tourism / Catering 22,340 PAB
Food Safety Coordinator Food / Hospitality / Tourism / Catering 20,300 PAB
Food Server Food / Hospitality / Tourism / Catering 8,420 PAB
Food Service Director Food / Hospitality / Tourism / Catering 27,020 PAB
Food Service Manager Food / Hospitality / Tourism / Catering 31,380 PAB
Food Service Sales Food / Hospitality / Tourism / Catering 19,200 PAB
Food Service Worker Food / Hospitality / Tourism / Catering 8,960 PAB
Front Desk Agent Food / Hospitality / Tourism / Catering 7,800 PAB
Front Desk Clerk Food / Hospitality / Tourism / Catering 7,080 PAB
Front Office Manager Food / Hospitality / Tourism / Catering 16,400 PAB
Guest Service Executive Food / Hospitality / Tourism / Catering 26,780 PAB
Guest Service Representative Food / Hospitality / Tourism / Catering 9,960 PAB
Head Chef Food / Hospitality / Tourism / Catering 18,900 PAB
Head Concierge Food / Hospitality / Tourism / Catering 13,700 PAB
Hospitality Director Food / Hospitality / Tourism / Catering 46,720 PAB
Hostess / Host Food / Hospitality / Tourism / Catering 9,440 PAB
Hotel Desk Clerk Food / Hospitality / Tourism / Catering 9,360 PAB
Hotel Maid Food / Hospitality / Tourism / Catering 6,080 PAB
Hotel Manager Food / Hospitality / Tourism / Catering 43,520 PAB
Hotel Sales Manager Food / Hospitality / Tourism / Catering 31,040 PAB
Hotel Service Supervisor Food / Hospitality / Tourism / Catering 23,480 PAB
Hotel Staff Food / Hospitality / Tourism / Catering 7,240 PAB
Inventory Coordinator Food / Hospitality / Tourism / Catering 7,820 PAB
Kitchen Manager Food / Hospitality / Tourism / Catering 17,100 PAB
Kitchen Staff Food / Hospitality / Tourism / Catering 8,780 PAB
Kitchen Supervisor Food / Hospitality / Tourism / Catering 13,960 PAB
Line Cook Food / Hospitality / Tourism / Catering 12,240 PAB
Luggage Porter Food / Hospitality / Tourism / Catering 5,520 PAB
Motel Manager Food / Hospitality / Tourism / Catering 23,480 PAB
Pastry Chef Food / Hospitality / Tourism / Catering 10,980 PAB
Pastrycooking and Baking Assistant Food / Hospitality / Tourism / Catering 9,360 PAB
Production Operator Food / Hospitality / Tourism / Catering 13,900 PAB
Quality, Health and Safety Coordinator Food / Hospitality / Tourism / Catering 13,960 PAB
Receptionist Food / Hospitality / Tourism / Catering 7,820 PAB
Regional Restaurant Manager Food / Hospitality / Tourism / Catering 35,520 PAB
Restaurant Manager Food / Hospitality / Tourism / Catering 28,900 PAB
Restaurant Server Food / Hospitality / Tourism / Catering 8,960 PAB
Room Reservations Manager Food / Hospitality / Tourism / Catering 31,660 PAB
Room Service Manager Food / Hospitality / Tourism / Catering 28,660 PAB
Sous Chef Food / Hospitality / Tourism / Catering 15,300 PAB
Special Events Coordinator Food / Hospitality / Tourism / Catering 20,300 PAB
Supervisor of Food Services Food / Hospitality / Tourism / Catering 20,520 PAB
Tour Consultant Food / Hospitality / Tourism / Catering 19,940 PAB
Tour Guide Food / Hospitality / Tourism / Catering 17,020 PAB
Tour Manager Food / Hospitality / Tourism / Catering 19,380 PAB
Travel Agent Food / Hospitality / Tourism / Catering 15,760 PAB
Travel Consultant Food / Hospitality / Tourism / Catering 20,460 PAB
Waiter / Waitress Food / Hospitality / Tourism / Catering 6,280 PAB

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