Average Electrical Engineering Manager Salary in Chile for 2024

In this article, we will look at the average Electrical Engineering Manager salary for 2024 in Chile 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 Chilean peso. To keep things simple, we are using the CLP currency code instead of the currency symbol $.

How Much Does an Electrical Engineering Manager Make in Chile?

An Electrical Engineering Manager working in Chile will typically earn around 30,600,900 CLP per year, and this can range from the lowest average salary of about 15,599,800 CLP to the highest average salary of 47,158,400 CLP.

Average Annual Salary
30,600,900 CLP
Average Monthly Salary
2,550,075 CLP

Lowest Annual Salary
15,599,800 CLP
Lowest Monthly Salary
1,299,983 CLP

Highest Annual Salary
47,158,400 CLP
Highest Monthly Salary
3,929,866 CLP

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

Electrical Engineering 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 Electrical Engineering Manager Salaries in Chile

So we've looked at the average salaries an Electrical Engineering Manager will earn in Chile. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Electrical Engineering Manager can earn between 15,599,800 CLP and 47,158,400 CLP on average in Chile. 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 Electrical Engineering Manager in Chile is 30,001,600 CLP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 30,001,600 CLP, and 50% of the population earn more than 30,001,600 CLP.

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 Electrical Engineering Manager salary in Chile, 25% of the population are earning less than 20,518,900 CLP while 75% of the population earn more than 20,518,900 CLP.

75% of the population earn less than 37,800,500 CLP, and 25% of the population earn more than 37,800,500 CLP.

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.

Electrical Engineering Manager Salary by Experience Level in Chile

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 electrical engineering 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 Electrical Engineering Manager in Chile that has less than two years of experience can expect to earn somewhere in the region of 17,519,700 CLP.
  • 2 - 5 Years Experience. With two to five years of experience the average Electrical Engineering Manager salary would increase to 22,918,100 CLP.
  • 5 - 10 Years Experience. From five to ten years of experience as an Electrical Engineering Manager, the average salary would be 32,038,500 CLP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 38,521,100 CLP.
  • 15 - 20 Years Experience. An Electrical Engineering Manager with 15 to 20 years of experience can earn an average of 41,761,800 CLP.
  • 20+ Years Experience. For an Electrical Engineering Manager with more than 20 years, the expected average salary increases to 45,119,800 CLP.

Average Salary by Experience Chart

0-2 Years
17,519,700 CLP
2-5 Years +31%
22,918,100 CLP
5-10 Years +40%
32,038,500 CLP
10-15 Years +20%
38,521,100 CLP
15-20 Years +9%
41,761,800 CLP
20+ Years +8%
45,119,800 CLP

Electrical Engineering Manager Salary by Education Level in Chile

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 Electrical Engineering Manager in Chile 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 Electrical Engineering Manager in Chile with a bachelor's degree education can earn an average salary of 21,599,000 CLP.

  • Master's Degree. An Electrical Engineering Manager in Chile with a master's degree education can earn an average salary of 38,399,900 CLP.

Average Salary by Education Chart

Bachelor's Degree
21,599,000 CLP
Master's Degree +77%
38,399,900 CLP

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 Chile is around 9,340,000 to 28,000,000 CLP 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.

Electrical Engineering 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 Chile, a male electrical engineering manager will earn an average of 32,038,500 CLP, while a female electrical engineering manager will earn around 29,278,200 CLP.

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

Average Salary by Gender Chart in Chile

Male
32,038,500 CLP
Female -9%
29,278,200 CLP

Electrical Engineering Manager Average Pay Raise in Chile

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 Electrical Engineering Manager in Chile is around 9% every 23 months.

The national average pay raise across all professions and industries in Chile 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 = ( 9 ÷ 23 ) × 12  = 5%

What this means is that an Electrical Engineering Manager in Chile can expect to receive an average pay raise of around 5% every 12 months.

Annual Pay Raise by Industry in Chile for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Electrical Engineering Manager Bonus and Incentive Rates in Chile

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 Electrical Engineering Manager is a high bonus based job, with 78% of employees reporting at least one bonus in the last 12 months.

22% 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
78%
No Bonus
22%

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 Chile earn approximately 7% more than private sector employees in the same role.

Public Sector
23,399,000 CLP
Private Sector -7%
21,841,900 CLP

Salaries for Jobs Similar to an Electrical Engineering Manager

In the table below, we have salary information for jobs that are similar to an Electrical Engineering Manager in Chile.

Job Title Category Salary
Cable Installer and Locator Electrical and Electronics Trades 6,193,900 CLP
Cable Technician Electrical and Electronics Trades 6,624,300 CLP
Digital Design Engineer Electrical and Electronics Trades 20,878,800 CLP
Electrical Designer Electrical and Electronics Trades 20,038,100 CLP
Electrical Drafter Electrical and Electronics Trades 9,586,500 CLP
Electrical Maintenance Manager Electrical and Electronics Trades 28,200,200 CLP
Electrical Planner Electrical and Electronics Trades 16,320,700 CLP
Electrical Sales Engineer Electrical and Electronics Trades 19,921,600 CLP
Electrical Sales Representative Electrical and Electronics Trades 13,919,600 CLP
Electrical Service Technician Electrical and Electronics Trades 6,709,300 CLP
Electrical Technician Electrical and Electronics Trades 10,727,200 CLP
Electrical Worker Electrical and Electronics Trades 8,051,500 CLP
Electrician Electrical and Electronics Trades 10,595,000 CLP
Electromechanical Technician Electrical and Electronics Trades 11,221,100 CLP
Electronic Assembler Electrical and Electronics Trades 9,599,200 CLP
Electronic Drafter Electrical and Electronics Trades 8,434,700 CLP
Electronic Engineer Electrical and Electronics Trades 20,999,200 CLP
Electronic Service Engineer Electrical and Electronics Trades 21,961,700 CLP
Electronics Engineer Electrical and Electronics Trades 20,760,500 CLP
Electronics Instructor Electrical and Electronics Trades 19,558,300 CLP
Electronics Technician Electrical and Electronics Trades 10,907,900 CLP
Field Service Engineer Electrical and Electronics Trades 20,999,200 CLP
Field Service Technician Electrical and Electronics Trades 7,561,700 CLP
Hydroelectric Plant Technician Electrical and Electronics Trades 9,565,900 CLP
Hydroelectric Production Manager Electrical and Electronics Trades 28,560,900 CLP
Instrumentation Technician Electrical and Electronics Trades 8,017,000 CLP
Journeyman Electrician Electrical and Electronics Trades 9,661,800 CLP
Maintenance Electrician Electrical and Electronics Trades 7,393,200 CLP
Mechatronics Technician Electrical and Electronics Trades 11,470,100 CLP
Power Equipment Mechanic Electrical and Electronics Trades 7,777,400 CLP
Power Line Technician Electrical and Electronics Trades 7,488,800 CLP
Refrigeration and Airconditioning Mechanic Electrical and Electronics Trades 11,221,100 CLP
Security Service Engineer Electrical and Electronics Trades 22,321,900 CLP
Technical Manager Electrical and Electronics Trades 27,361,200 CLP
Turbine Fitter Electrical and Electronics Trades 6,179,700 CLP
Warehouse Attendant Electrical and Electronics Trades 5,686,100 CLP
Warehouse Manager Electrical and Electronics Trades 26,158,200 CLP
Watch Repairer Electrical and Electronics Trades 7,583,100 CLP

Salary Comparison by City

If you want to compare salaries with different cities in Chile, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Antofagasta 29,760,750 CLP
Concepcion 26,220,000 CLP
La Florida 30,839,800 CLP
Las Condes 29,941,650 CLP
Maipu 31,380,700 CLP
Penalolen 26,819,350 CLP
Puente Alto 31,979,950 CLP
Rancagua 25,799,850 CLP
San Bernardo 27,899,100 CLP
Santiago 32,580,000 CLP
Temuco 27,480,050 CLP
Valparaiso 29,219,500 CLP
Vina del Mar 30,359,900 CLP

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