Average Forming Machine Operator Salary in Guatemala for 2024

In this article, we will look at the average Forming Machine Operator salary for 2024 in Guatemala 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 Guatemalan quetzal. To keep things simple, we are using the GTQ currency code instead of the currency symbol Q.

How Much Does a Forming Machine Operator Make in Guatemala?

A Forming Machine Operator working in Guatemala will typically earn around 35,340 GTQ per year, and this can range from the lowest average salary of about 18,780 GTQ to the highest average salary of 52,380 GTQ.

Average Annual Salary
35,340 GTQ
Average Monthly Salary
2,945 GTQ

Lowest Annual Salary
18,780 GTQ
Lowest Monthly Salary
1,565 GTQ

Highest Annual Salary
52,380 GTQ
Highest Monthly Salary
4,365 GTQ

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

Forming Machine Operator 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 Forming Machine Operator Salaries in Guatemala

So we've looked at the average salaries a Forming Machine Operator will earn in Guatemala. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Forming Machine Operator can earn between 18,780 GTQ and 52,380 GTQ on average in Guatemala. 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 Forming Machine Operator in Guatemala is 31,520 GTQ. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 31,520 GTQ, and 50% of the population earn more than 31,520 GTQ.

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 Forming Machine Operator salary in Guatemala, 25% of the population are earning less than 22,420 GTQ while 75% of the population earn more than 22,420 GTQ.

75% of the population earn less than 42,460 GTQ, and 25% of the population earn more than 42,460 GTQ.

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.

Forming Machine Operator Salary by Experience Level in Guatemala

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 forming machine operator 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 Forming Machine Operator in Guatemala that has less than two years of experience can expect to earn somewhere in the region of 21,100 GTQ.
  • 2 - 5 Years Experience. With two to five years of experience the average Forming Machine Operator salary would increase to 26,660 GTQ.
  • 5 - 10 Years Experience. From five to ten years of experience as a Forming Machine Operator, the average salary would be 34,120 GTQ.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 43,260 GTQ.
  • 15 - 20 Years Experience. A Forming Machine Operator with 15 to 20 years of experience can earn an average of 48,140 GTQ.
  • 20+ Years Experience. For a Forming Machine Operator with more than 20 years, the expected average salary increases to 48,940 GTQ.

Average Salary by Experience Chart

0-2 Years
21,100 GTQ
2-5 Years +34%
26,660 GTQ
5-10 Years +30%
34,120 GTQ
10-15 Years +21%
43,260 GTQ
15-20 Years +9%
48,140 GTQ
20+ Years +5%
48,940 GTQ

Forming Machine Operator Salary by Education Level in Guatemala

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 Forming Machine Operator in Guatemala 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 Forming Machine Operator in Guatemala with a high school education can earn an average salary of 24,860 GTQ.

  • Certificate or Diploma. A Forming Machine Operator in Guatemala with a certificate or diploma education can earn an average salary of 43,260 GTQ.

Average Salary by Education Chart

High School
24,860 GTQ
Certificate or Diploma +68%
43,260 GTQ

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 Guatemala is around 52,400 to 157,000 GTQ 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.

Forming Machine Operator 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 Guatemala, a male forming machine operator will earn an average of 38,180 GTQ, while a female forming machine operator will earn around 31,520 GTQ.

This means that a male forming machine operator earns approximately 21% more than a female forming machine operator for performing the same job.

Average Salary by Gender Chart in Guatemala

Male
38,180 GTQ
Female -21%
31,520 GTQ

Forming Machine Operator Average Pay Raise in Guatemala

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 Forming Machine Operator in Guatemala is around 7% every 20 months.

The national average pay raise across all professions and industries in Guatemala 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 = ( 7 ÷ 20 ) × 12  = 4%

What this means is that a Forming Machine Operator in Guatemala can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Guatemala for 2024

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

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%

Forming Machine Operator Bonus and Incentive Rates in Guatemala

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 Forming Machine Operator is a low bonus based job, with 24% of employees reporting at least one bonus in the last 12 months.

76% 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
24%
No Bonus
76%

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 Guatemala earn approximately 12% more than private sector employees in the same role.

Public Sector
134,600 GTQ
Private Sector -12%
119,700 GTQ

Salaries for Jobs Similar to a Forming Machine Operator

In the table below, we have salary information for jobs that are similar to a Forming Machine Operator in Guatemala.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 31,040 GTQ
Assembly Line Worker Factory and Manufacturing 32,960 GTQ
Assembly Supervisor Factory and Manufacturing 48,640 GTQ
Assistance Maintenance Manager Factory and Manufacturing 119,900 GTQ
Assistant Shipping Manager Factory and Manufacturing 107,320 GTQ
Chemical Equipment Controller Factory and Manufacturing 82,160 GTQ
Chemical Technican Apprentice Factory and Manufacturing 65,920 GTQ
CNC Machinist Factory and Manufacturing 74,540 GTQ
CNC Operator Factory and Manufacturing 66,840 GTQ
CNC Programmer Factory and Manufacturing 76,440 GTQ
Colour Technologist Factory and Manufacturing 41,700 GTQ
Contracts Manager Factory and Manufacturing 146,200 GTQ
Data Collection Coordinator Factory and Manufacturing 56,460 GTQ
Demand Planner Factory and Manufacturing 49,200 GTQ
Derrick Operator Factory and Manufacturing 35,500 GTQ
Director of Manufacturing Factory and Manufacturing 207,800 GTQ
Dock Worker Factory and Manufacturing 33,120 GTQ
Drying Technician Factory and Manufacturing 31,980 GTQ
Equipment Operator Factory and Manufacturing 30,700 GTQ
Export Sales Coordinator Factory and Manufacturing 100,280 GTQ
Factory Superintendent Factory and Manufacturing 50,560 GTQ
Factory Worker Factory and Manufacturing 35,000 GTQ
Failure Analysis Technician Factory and Manufacturing 51,400 GTQ
Fiberglass Laminator Factory and Manufacturing 34,980 GTQ
Food Technologist Factory and Manufacturing 61,780 GTQ
Forklift Driver Factory and Manufacturing 33,980 GTQ
Forklift Operator Factory and Manufacturing 33,520 GTQ
Furnace Operator Factory and Manufacturing 35,520 GTQ
Gas Appliance Repairer Factory and Manufacturing 33,980 GTQ
General Warehouse Associate Factory and Manufacturing 59,380 GTQ
Heavy Equipment Operator Factory and Manufacturing 42,040 GTQ
HSE Manager Factory and Manufacturing 151,800 GTQ
Industrial Engineer Factory and Manufacturing 106,740 GTQ
Industrial Machinery Mechanic Factory and Manufacturing 66,580 GTQ
Industrial Production Manager Factory and Manufacturing 204,700 GTQ
Industrial Safety and Health Engineer Factory and Manufacturing 111,460 GTQ
Intake Operator Factory and Manufacturing 46,400 GTQ
Key Account Manager Factory and Manufacturing 169,000 GTQ
Lift Truck Operator Factory and Manufacturing 35,340 GTQ
Loading Supervisor Factory and Manufacturing 59,380 GTQ
Logistic Coordinator Factory and Manufacturing 82,720 GTQ
Logistics Clerk Factory and Manufacturing 44,180 GTQ
Machine Operator Factory and Manufacturing 35,560 GTQ
Machinist Factory and Manufacturing 35,300 GTQ
Maintenance Manager Factory and Manufacturing 128,500 GTQ
Maintenance Store Clerk Factory and Manufacturing 35,340 GTQ
Manufacturing Engineer Factory and Manufacturing 109,340 GTQ
Manufacturing Engineering Manager Factory and Manufacturing 154,700 GTQ
Manufacturing Engineering Technologist Factory and Manufacturing 118,520 GTQ
Manufacturing Manager Factory and Manufacturing 192,600 GTQ
Manufacturing Operative Factory and Manufacturing 61,180 GTQ
Manufacturing Production Technician Factory and Manufacturing 40,600 GTQ
Manufacturing Supervisor Factory and Manufacturing 96,680 GTQ
Manufacturing Technician Factory and Manufacturing 42,400 GTQ
Materials Manager Factory and Manufacturing 146,200 GTQ
Materials Supervisor Factory and Manufacturing 98,820 GTQ
Mechanical Fitter Engineer Factory and Manufacturing 114,900 GTQ
Mechanical Foreman Factory and Manufacturing 35,300 GTQ
Merchandise Planner Factory and Manufacturing 58,860 GTQ
Metrology Engineer Factory and Manufacturing 102,960 GTQ
Operations Engineer Factory and Manufacturing 105,300 GTQ
Operations Manager Factory and Manufacturing 164,200 GTQ
Order Management Coordinator Factory and Manufacturing 83,900 GTQ
Order Processing Manager Factory and Manufacturing 142,300 GTQ
Order Selector Factory and Manufacturing 42,040 GTQ
Package Handler Factory and Manufacturing 29,160 GTQ
Packaging Manager Factory and Manufacturing 113,700 GTQ
Packer Factory and Manufacturing 36,160 GTQ
Packing Deputy Supervisor Factory and Manufacturing 90,980 GTQ
Planning Manager Factory and Manufacturing 159,400 GTQ
Plant Manager Factory and Manufacturing 181,600 GTQ
Precision Instrument Repairer Factory and Manufacturing 53,380 GTQ
Process Technician Factory and Manufacturing 43,080 GTQ
Product Manager Factory and Manufacturing 172,200 GTQ
Production Analyst Factory and Manufacturing 148,300 GTQ
Production Director Factory and Manufacturing 214,000 GTQ
Production Engineer Factory and Manufacturing 112,620 GTQ
Production Engineering Supervisor Factory and Manufacturing 161,600 GTQ
Production Inspector Factory and Manufacturing 115,620 GTQ
Production Laborer Factory and Manufacturing 32,020 GTQ
Production Manager Factory and Manufacturing 195,200 GTQ
Production Operator Factory and Manufacturing 46,280 GTQ
Production Scheduler Factory and Manufacturing 86,520 GTQ
Production Supervisor Factory and Manufacturing 112,560 GTQ
Production Technician Factory and Manufacturing 47,400 GTQ
Production Worker Factory and Manufacturing 42,960 GTQ
Quality Control Analyst Factory and Manufacturing 139,100 GTQ
Quality Control Inspector Factory and Manufacturing 110,340 GTQ
Quality Control Manager Factory and Manufacturing 152,000 GTQ
Service Technician Factory and Manufacturing 41,480 GTQ
SHEQ Officer Factory and Manufacturing 50,240 GTQ
Shipping Manager Factory and Manufacturing 172,200 GTQ
Small Engine Mechanic Factory and Manufacturing 58,440 GTQ
Spray Painter Factory and Manufacturing 33,960 GTQ
Sterile Processing Technician Factory and Manufacturing 42,460 GTQ
Structural Welder Factory and Manufacturing 29,600 GTQ
Supply Chain Operative Factory and Manufacturing 90,980 GTQ
Technical Operator Factory and Manufacturing 44,720 GTQ
Technology Development Manager Factory and Manufacturing 183,600 GTQ
Testing Technician Factory and Manufacturing 80,840 GTQ
Toolmaker Factory and Manufacturing 51,120 GTQ
Warehouse Forklift Operator Factory and Manufacturing 33,980 GTQ
Warehouse Operative Factory and Manufacturing 35,260 GTQ
Warehouse Worker Factory and Manufacturing 35,000 GTQ
Warranty Handler Factory and Manufacturing 66,940 GTQ
Welder Factory and Manufacturing 34,540 GTQ
Workshop Manager Factory and Manufacturing 118,520 GTQ

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