Average Electronic Engineer Salary in Colombia for 2024

In this article, we will look at the average Electronic Engineer salary for 2024 in Colombia 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 Colombian peso. To keep things simple, we are using the COP currency code instead of the currency symbol $.

How Much Does an Electronic Engineer Make in Colombia?

An Electronic Engineer working in Colombia will typically earn around 51,238,900 COP per year, and this can range from the lowest average salary of about 25,561,400 COP to the highest average salary of 79,438,400 COP.

Average Annual Salary
51,238,900 COP
Average Monthly Salary
4,269,908 COP

Lowest Annual Salary
25,561,400 COP
Lowest Monthly Salary
2,130,116 COP

Highest Annual Salary
79,438,400 COP
Highest Monthly Salary
6,619,866 COP

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

Electronic Engineer 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 Electronic Engineer Salaries in Colombia

So we've looked at the average salaries an Electronic Engineer will earn in Colombia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Electronic Engineer can earn between 25,561,400 COP and 79,438,400 COP on average in Colombia. 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 Electronic Engineer in Colombia is 51,238,900 COP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 51,238,900 COP, and 50% of the population earn more than 51,238,900 COP.

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 Electronic Engineer salary in Colombia, 25% of the population are earning less than 34,561,900 COP while 75% of the population earn more than 34,561,900 COP.

75% of the population earn less than 65,280,600 COP, and 25% of the population earn more than 65,280,600 COP.

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.

Electronic Engineer Salary by Experience Level in Colombia

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 electronic engineer 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 Electronic Engineer in Colombia that has less than two years of experience can expect to earn somewhere in the region of 30,721,900 COP.
  • 2 - 5 Years Experience. With two to five years of experience the average Electronic Engineer salary would increase to 40,679,700 COP.
  • 5 - 10 Years Experience. From five to ten years of experience as an Electronic Engineer, the average salary would be 54,358,300 COP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 64,920,700 COP.
  • 15 - 20 Years Experience. An Electronic Engineer with 15 to 20 years of experience can earn an average of 69,959,300 COP.
  • 20+ Years Experience. For an Electronic Engineer with more than 20 years, the expected average salary increases to 75,121,900 COP.

Average Salary by Experience Chart

0-2 Years
30,721,900 COP
2-5 Years +32%
40,679,700 COP
5-10 Years +34%
54,358,300 COP
10-15 Years +19%
64,920,700 COP
15-20 Years +8%
69,959,300 COP
20+ Years +7%
75,121,900 COP

Electronic Engineer Salary by Education Level in Colombia

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 Electronic Engineer in Colombia 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 Electronic Engineer in Colombia with a bachelor's degree education can earn an average salary of 43,921,700 COP.

  • Master's Degree. An Electronic Engineer in Colombia with a master's degree education can earn an average salary of 69,241,100 COP.

Average Salary by Education Chart

Bachelor's Degree
43,921,700 COP
Master's Degree +58%
69,241,100 COP

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 Colombia is around 23,500,000 to 70,400,000 COP 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.

Electronic Engineer 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 Colombia, a male electronic engineer will earn an average of 52,558,300 COP, while a female electronic engineer will earn around 49,561,800 COP.

This means that a male electronic engineer earns approximately 6% more than a female electronic engineer for performing the same job.

Average Salary by Gender Chart in Colombia

Male
52,558,300 COP
Female -6%
49,561,800 COP

Electronic Engineer Average Pay Raise in Colombia

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 Electronic Engineer in Colombia is around 8% every 22 months.

The national average pay raise across all professions and industries in Colombia 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 ÷ 22 ) × 12  = 4%

What this means is that an Electronic Engineer in Colombia can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Colombia for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Electronic Engineer Bonus and Incentive Rates in Colombia

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 Electronic Engineer is a moderate bonus based job, with 52% of employees reporting at least one bonus in the last 12 months.

48% 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 3% to 6%.

Received Bonus
52%
No Bonus
48%

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 Colombia earn approximately 11% more than private sector employees in the same role.

Public Sector
58,559,300 COP
Private Sector -11%
52,800,100 COP

Salaries for Jobs Similar to an Electronic Engineer

In the table below, we have salary information for jobs that are similar to an Electronic Engineer in Colombia.

Job Title Category Salary
Cable Installer and Locator Electrical and Electronics Trades 16,439,200 COP
Cable Technician Electrical and Electronics Trades 15,480,300 COP
Digital Design Engineer Electrical and Electronics Trades 55,921,200 COP
Electrical Designer Electrical and Electronics Trades 47,640,400 COP
Electrical Drafter Electrical and Electronics Trades 24,718,600 COP
Electrical Engineering Manager Electrical and Electronics Trades 73,920,200 COP
Electrical Maintenance Manager Electrical and Electronics Trades 75,000,300 COP
Electrical Planner Electrical and Electronics Trades 41,761,800 COP
Electrical Sales Engineer Electrical and Electronics Trades 49,079,800 COP
Electrical Sales Representative Electrical and Electronics Trades 32,639,300 COP
Electrical Service Technician Electrical and Electronics Trades 16,320,700 COP
Electrical Technician Electrical and Electronics Trades 27,960,400 COP
Electrical Worker Electrical and Electronics Trades 19,678,200 COP
Electrician Electrical and Electronics Trades 25,919,400 COP
Electromechanical Technician Electrical and Electronics Trades 27,601,100 COP
Electronic Assembler Electrical and Electronics Trades 25,440,400 COP
Electronic Drafter Electrical and Electronics Trades 22,198,500 COP
Electronic Service Engineer Electrical and Electronics Trades 53,759,200 COP
Electronics Engineer Electrical and Electronics Trades 50,878,500 COP
Electronics Instructor Electrical and Electronics Trades 48,360,600 COP
Electronics Technician Electrical and Electronics Trades 27,001,700 COP
Field Service Engineer Electrical and Electronics Trades 53,040,100 COP
Field Service Technician Electrical and Electronics Trades 18,840,100 COP
Hydroelectric Plant Technician Electrical and Electronics Trades 23,878,400 COP
Hydroelectric Production Manager Electrical and Electronics Trades 71,521,400 COP
Instrumentation Technician Electrical and Electronics Trades 20,281,100 COP
Journeyman Electrician Electrical and Electronics Trades 23,040,200 COP
Maintenance Electrician Electrical and Electronics Trades 18,479,600 COP
Mechatronics Technician Electrical and Electronics Trades 28,078,900 COP
Power Equipment Mechanic Electrical and Electronics Trades 19,321,100 COP
Power Line Technician Electrical and Electronics Trades 18,001,100 COP
Refrigeration and Airconditioning Mechanic Electrical and Electronics Trades 28,200,200 COP
Security Service Engineer Electrical and Electronics Trades 55,440,900 COP
Technical Manager Electrical and Electronics Trades 68,039,500 COP
Turbine Fitter Electrical and Electronics Trades 15,719,900 COP
Warehouse Attendant Electrical and Electronics Trades 14,038,300 COP
Warehouse Manager Electrical and Electronics Trades 64,439,700 COP
Watch Repairer Electrical and Electronics Trades 18,840,100 COP

Salary Comparison by City

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

City Average Salary
Barranquilla 54,239,900 COP
Bello 52,800,100 COP
Bogota 56,401,100 COP
Bucaramanga 55,678,400 COP
Buenaventura 51,479,800 COP
Cartagena 59,158,300 COP
Cucuta 58,199,900 COP
Ibague 55,801,900 COP
Manizales 49,198,300 COP
Medellin 55,440,900 COP
Monteria 53,278,500 COP
Neiva 48,961,500 COP
Pereira 52,681,700 COP
Santa Marta 54,000,800 COP
Soacha 53,040,100 COP
Soledad 54,719,600 COP
Valledupar 49,801,000 COP
Villavicencio 52,319,400 COP

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