Average Elevator Installer and Repairer Salary in Suriname for 2024

In this article, we will look at the average Elevator Installer and Repairer salary for 2024 in Suriname 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 Surinamese dollar. To keep things simple, we are using the SRD currency code instead of the currency symbol $.

How Much Does an Elevator Installer and Repairer Make in Suriname?

An Elevator Installer and Repairer working in Suriname will typically earn around 28,820 SRD per year, and this can range from the lowest average salary of about 12,120 SRD to the highest average salary of 43,340 SRD.

Average Annual Salary
28,820 SRD
Average Monthly Salary
2,401 SRD

Lowest Annual Salary
12,120 SRD
Lowest Monthly Salary
1,010 SRD

Highest Annual Salary
43,340 SRD
Highest Monthly Salary
3,611 SRD

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

Elevator Installer and Repairer 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 Elevator Installer and Repairer Salaries in Suriname

So we've looked at the average salaries an Elevator Installer and Repairer will earn in Suriname. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Elevator Installer and Repairer can earn between 12,120 SRD and 43,340 SRD on average in Suriname. 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 Elevator Installer and Repairer in Suriname is 28,900 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 28,900 SRD, and 50% of the population earn more than 28,900 SRD.

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 Elevator Installer and Repairer salary in Suriname, 25% of the population are earning less than 20,120 SRD while 75% of the population earn more than 20,120 SRD.

75% of the population earn less than 36,020 SRD, and 25% of the population earn more than 36,020 SRD.

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.

Elevator Installer and Repairer Salary by Experience Level in Suriname

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 elevator installer and repairer 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 Elevator Installer and Repairer in Suriname that has less than two years of experience can expect to earn somewhere in the region of 14,660 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Elevator Installer and Repairer salary would increase to 19,380 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Elevator Installer and Repairer, the average salary would be 27,020 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 34,360 SRD.
  • 15 - 20 Years Experience. An Elevator Installer and Repairer with 15 to 20 years of experience can earn an average of 36,700 SRD.
  • 20+ Years Experience. For an Elevator Installer and Repairer with more than 20 years, the expected average salary increases to 42,040 SRD.

Average Salary by Experience Chart

0-2 Years
14,660 SRD
2-5 Years +38%
19,380 SRD
5-10 Years +42%
27,020 SRD
10-15 Years +22%
34,360 SRD
15-20 Years +6%
36,700 SRD
20+ Years +9%
42,040 SRD

Elevator Installer and Repairer Salary by Education Level in Suriname

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 Elevator Installer and Repairer in Suriname based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Elevator Installer and Repairer in Suriname with a certificate or diploma education can earn an average salary of 16,980 SRD.

  • Bachelor's Degree. An Elevator Installer and Repairer in Suriname with a bachelor's degree education can earn an average salary of 37,200 SRD.

Average Salary by Education Chart

Certificate or Diploma
16,980 SRD
Bachelor's Degree +91%
37,200 SRD

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 Suriname is around 25,700 to 77,100 SRD 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.

Elevator Installer and Repairer 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 Suriname, a male elevator installer and repairer will earn an average of 29,840 SRD, while a female elevator installer and repairer will earn around 27,040 SRD.

This means that a male elevator installer and repairer earns approximately 10% more than a female elevator installer and repairer for performing the same job.

Average Salary by Gender Chart in Suriname

Male
29,840 SRD
Female -10%
27,040 SRD

Elevator Installer and Repairer Average Pay Raise in Suriname

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 Elevator Installer and Repairer in Suriname is around 5% every 29 months.

The national average pay raise across all professions and industries in Suriname 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that an Elevator Installer and Repairer in Suriname can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Suriname for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Elevator Installer and Repairer Bonus and Incentive Rates in Suriname

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 Elevator Installer and Repairer is a low bonus based job, with 14% of employees reporting at least one bonus in the last 12 months.

86% 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
14%
No Bonus
86%

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 Suriname earn approximately 20% more than private sector employees in the same role.

Public Sector
67,900 SRD
Private Sector -20%
56,460 SRD

Salaries for Jobs Similar to an Elevator Installer and Repairer

In the table below, we have salary information for jobs that are similar to an Elevator Installer and Repairer in Suriname.

Job Title Category Salary
Adjudicator Construction / Building / Installation 25,160 SRD
Assembler Construction / Building / Installation 21,020 SRD
Boat Builder and Shipwright Construction / Building / Installation 29,160 SRD
Bricklayer Construction / Building / Installation 17,860 SRD
Building Administrator Construction / Building / Installation 26,100 SRD
Building Contracts Manager Construction / Building / Installation 92,900 SRD
Building Inspector Construction / Building / Installation 27,300 SRD
Building Monitor Construction / Building / Installation 21,380 SRD
Building Sales Manager Construction / Building / Installation 86,460 SRD
Cabinetmaker Construction / Building / Installation 22,540 SRD
Carpenter Construction / Building / Installation 25,680 SRD
Civil Engineer Construction / Building / Installation 58,440 SRD
Civil Technician Construction / Building / Installation 28,680 SRD
Concreter Construction / Building / Installation 18,780 SRD
Construction and Building Inspector Construction / Building / Installation 23,080 SRD
Construction and Maintenance Manager Construction / Building / Installation 48,940 SRD
Construction Assistant Construction / Building / Installation 22,660 SRD
Construction Coordinator Construction / Building / Installation 34,980 SRD
Construction Estimator Construction / Building / Installation 37,740 SRD
Construction Field Engineer Construction / Building / Installation 54,460 SRD
Construction General Manager Construction / Building / Installation 105,300 SRD
Construction Inventory Officer Construction / Building / Installation 21,020 SRD
Construction Manager Construction / Building / Installation 107,960 SRD
Construction Operations Manager Construction / Building / Installation 99,560 SRD
Construction Project Controls Manager Construction / Building / Installation 77,860 SRD
Construction Project Coordinator Construction / Building / Installation 62,420 SRD
Construction Project Engineer Construction / Building / Installation 57,860 SRD
Construction Project Manager Construction / Building / Installation 102,620 SRD
Construction Project Manager Construction / Building / Installation 105,980 SRD
Construction Project Planner Construction / Building / Installation 56,060 SRD
Construction Quality Control Manager Construction / Building / Installation 81,880 SRD
Construction Safety Officer Construction / Building / Installation 37,740 SRD
Construction Superintendent Construction / Building / Installation 39,560 SRD
Construction Supervisor Construction / Building / Installation 56,640 SRD
Construction Technical Assistant Construction / Building / Installation 21,980 SRD
Construction Technical Officer Construction / Building / Installation 25,940 SRD
Construction Technical Writer Construction / Building / Installation 23,660 SRD
Construction Technician Construction / Building / Installation 19,940 SRD
Construction Worker Construction / Building / Installation 15,700 SRD
Crane and Tower Operator Construction / Building / Installation 19,160 SRD
Crane Operator Construction / Building / Installation 21,400 SRD
Diesel Mechanic Construction / Building / Installation 18,900 SRD
Draughtsman Construction / Building / Installation 19,200 SRD
Drywall Installer Construction / Building / Installation 22,540 SRD
Electrical Draftsman Construction / Building / Installation 19,060 SRD
Electrical Engineering Supervisor Construction / Building / Installation 67,900 SRD
Electrical Engineering Technician Construction / Building / Installation 24,720 SRD
Electrical Supervisor Construction / Building / Installation 41,820 SRD
Electrician Construction / Building / Installation 31,340 SRD
Engineer Construction / Building / Installation 62,100 SRD
Excavator Operator Construction / Building / Installation 20,000 SRD
Field Inspector Construction / Building / Installation 37,380 SRD
Floor Finisher Construction / Building / Installation 22,340 SRD
Floor Manager Construction / Building / Installation 34,160 SRD
Foreman Construction / Building / Installation 17,860 SRD
Frame and Truss Detailer Construction / Building / Installation 18,900 SRD
Furniture Finisher Construction / Building / Installation 21,380 SRD
Gas Technician Construction / Building / Installation 20,500 SRD
Handyman Construction / Building / Installation 19,220 SRD
Health and Safety Coordinator Construction / Building / Installation 25,160 SRD
Health and Safety Officer Construction / Building / Installation 26,860 SRD
Installation Manager Construction / Building / Installation 71,280 SRD
Installer Construction / Building / Installation 17,860 SRD
Insulation Installer Construction / Building / Installation 19,980 SRD
Labourer Construction / Building / Installation 14,140 SRD
Land Surveyor Construction / Building / Installation 26,400 SRD
Lift Technician Construction / Building / Installation 20,520 SRD
Maintenance Foreman Construction / Building / Installation 19,640 SRD
Material Tester Construction / Building / Installation 28,680 SRD
Model Maker Construction / Building / Installation 29,160 SRD
Order Picker Construction / Building / Installation 18,780 SRD
Painter Construction / Building / Installation 20,120 SRD
Pipe Layer Construction / Building / Installation 16,880 SRD
Pipe Welder Construction / Building / Installation 16,880 SRD
Pipefitter Construction / Building / Installation 16,400 SRD
Plumber Construction / Building / Installation 19,980 SRD
Property Coordinator Construction / Building / Installation 49,360 SRD
Purchasing Manager Construction / Building / Installation 72,780 SRD
Quantity Estimator Construction / Building / Installation 38,700 SRD
Quantity Surveyor Construction / Building / Installation 38,680 SRD
Roof Slater and Tiler Construction / Building / Installation 19,640 SRD
Sheet Metal Mechanic Construction / Building / Installation 19,380 SRD
Sheet Metal Worker Construction / Building / Installation 16,140 SRD
Site Clerk Construction / Building / Installation 19,860 SRD
Site engineer Construction / Building / Installation 52,820 SRD
Site Leader Construction / Building / Installation 93,340 SRD
Stock Controller Construction / Building / Installation 27,020 SRD
Structural Steel Construction Worker Construction / Building / Installation 20,760 SRD
Technical Draughtsman Construction / Building / Installation 22,400 SRD
Tender Manager Construction / Building / Installation 85,940 SRD
Tendering Manager Construction / Building / Installation 83,100 SRD
Tower Crane Operator Construction / Building / Installation 21,400 SRD
Wall and Floor Tiler Construction / Building / Installation 19,480 SRD
Warehouse Manager Construction / Building / Installation 70,260 SRD
Welder Construction / Building / Installation 18,780 SRD
Welding Superintendent Construction / Building / Installation 23,080 SRD

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