Average Instrumentation Technician Salary in Venezuela for 2024

In this article, we will look at the average Instrumentation Technician salary for 2024 in Venezuela 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 Venezuelan bolívar soberano. To keep things simple, we are using the VES currency code instead of the currency symbol Bs.S..

How Much Does an Instrumentation Technician Make in Venezuela?

An Instrumentation Technician working in Venezuela will typically earn around 618,800 VES per year, and this can range from the lowest average salary of about 296,000 VES to the highest average salary of 972,200 VES.

Average Annual Salary
618,800 VES
Average Monthly Salary
51,566 VES

Lowest Annual Salary
296,000 VES
Lowest Monthly Salary
24,666 VES

Highest Annual Salary
972,200 VES
Highest Monthly Salary
81,016 VES

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

Instrumentation Technician 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 Instrumentation Technician Salaries in Venezuela

So we've looked at the average salaries an Instrumentation Technician will earn in Venezuela. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Instrumentation Technician can earn between 296,000 VES and 972,200 VES on average in Venezuela. 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 Instrumentation Technician in Venezuela is 642,800 VES. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 642,800 VES, and 50% of the population earn more than 642,800 VES.

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 Instrumentation Technician salary in Venezuela, 25% of the population are earning less than 420,800 VES while 75% of the population earn more than 420,800 VES.

75% of the population earn less than 838,100 VES, and 25% of the population earn more than 838,100 VES.

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.

Instrumentation Technician Salary by Experience Level in Venezuela

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 instrumentation technician 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 Instrumentation Technician in Venezuela that has less than two years of experience can expect to earn somewhere in the region of 345,700 VES.
  • 2 - 5 Years Experience. With two to five years of experience the average Instrumentation Technician salary would increase to 492,400 VES.
  • 5 - 10 Years Experience. From five to ten years of experience as an Instrumentation Technician, the average salary would be 648,200 VES.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 794,900 VES.
  • 15 - 20 Years Experience. An Instrumentation Technician with 15 to 20 years of experience can earn an average of 846,500 VES.
  • 20+ Years Experience. For an Instrumentation Technician with more than 20 years, the expected average salary increases to 926,000 VES.

Average Salary by Experience Chart

0-2 Years
345,700 VES
2-5 Years +42%
492,400 VES
5-10 Years +31%
648,200 VES
10-15 Years +23%
794,900 VES
15-20 Years +6%
846,500 VES
20+ Years +10%
926,000 VES

Instrumentation Technician Salary by Education Level in Venezuela

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

  • High School. An Instrumentation Technician in Venezuela with a high school education can earn an average salary of 430,000 VES.

  • Certificate or Diploma. An Instrumentation Technician in Venezuela with a certificate or diploma education can earn an average salary of 632,400 VES.

  • Bachelor's Degree. An Instrumentation Technician in Venezuela with a bachelor's degree education can earn an average salary of 851,200 VES.

Average Salary by Education Chart

High School
430,000 VES
Certificate or Diploma +47%
632,400 VES
Bachelor's Degree +34%
851,200 VES

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 Venezuela is around 662,000 to 1,990,000 VES 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.

Instrumentation Technician 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 Venezuela, a male instrumentation technician will earn an average of 645,800 VES, while a female instrumentation technician will earn around 602,700 VES.

This means that a male instrumentation technician earns approximately 7% more than a female instrumentation technician for performing the same job.

Average Salary by Gender Chart in Venezuela

Male
645,800 VES
Female -7%
602,700 VES

Instrumentation Technician Average Pay Raise in Venezuela

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 Instrumentation Technician in Venezuela is around 4% every 31 months.

The national average pay raise across all professions and industries in Venezuela is around 4% every 29 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 = ( 4 ÷ 31 ) × 12  = 2%

What this means is that an Instrumentation Technician in Venezuela can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Venezuela for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Instrumentation Technician Bonus and Incentive Rates in Venezuela

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 Instrumentation Technician is a low bonus based job, with 13% of employees reporting at least one bonus in the last 12 months.

87% 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
13%
No Bonus
87%

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

Public Sector
1,655,500 VES
Private Sector -11%
1,487,200 VES

Salaries for Jobs Similar to an Instrumentation Technician

In the table below, we have salary information for jobs that are similar to an Instrumentation Technician in Venezuela.

Job Title Category Salary
Cable Installer and Locator Electrical and Electronics Trades 431,300 VES
Cable Technician Electrical and Electronics Trades 442,200 VES
Digital Design Engineer Electrical and Electronics Trades 1,594,500 VES
Electrical Designer Electrical and Electronics Trades 1,428,800 VES
Electrical Drafter Electrical and Electronics Trades 718,000 VES
Electrical Engineering Manager Electrical and Electronics Trades 2,124,400 VES
Electrical Maintenance Manager Electrical and Electronics Trades 2,161,200 VES
Electrical Planner Electrical and Electronics Trades 1,124,200 VES
Electrical Sales Engineer Electrical and Electronics Trades 1,450,700 VES
Electrical Sales Representative Electrical and Electronics Trades 926,000 VES
Electrical Service Technician Electrical and Electronics Trades 459,700 VES
Electrical Technician Electrical and Electronics Trades 773,400 VES
Electrical Worker Electrical and Electronics Trades 545,300 VES
Electrician Electrical and Electronics Trades 788,000 VES
Electromechanical Technician Electrical and Electronics Trades 747,400 VES
Electronic Assembler Electrical and Electronics Trades 747,400 VES
Electronic Drafter Electrical and Electronics Trades 605,700 VES
Electronic Engineer Electrical and Electronics Trades 1,570,900 VES
Electronic Service Engineer Electrical and Electronics Trades 1,476,700 VES
Electronics Engineer Electrical and Electronics Trades 1,524,300 VES
Electronics Instructor Electrical and Electronics Trades 1,428,800 VES
Electronics Technician Electrical and Electronics Trades 791,200 VES
Field Service Engineer Electrical and Electronics Trades 1,476,700 VES
Field Service Technician Electrical and Electronics Trades 543,200 VES
Hydroelectric Plant Technician Electrical and Electronics Trades 689,900 VES
Hydroelectric Production Manager Electrical and Electronics Trades 2,038,500 VES
Journeyman Electrician Electrical and Electronics Trades 688,900 VES
Maintenance Electrician Electrical and Electronics Trades 528,500 VES
Mechatronics Technician Electrical and Electronics Trades 774,200 VES
Power Equipment Mechanic Electrical and Electronics Trades 562,600 VES
Power Line Technician Electrical and Electronics Trades 518,900 VES
Refrigeration and Airconditioning Mechanic Electrical and Electronics Trades 792,900 VES
Security Service Engineer Electrical and Electronics Trades 1,464,200 VES
Technical Manager Electrical and Electronics Trades 1,967,000 VES
Turbine Fitter Electrical and Electronics Trades 428,400 VES
Warehouse Attendant Electrical and Electronics Trades 417,200 VES
Warehouse Manager Electrical and Electronics Trades 1,908,800 VES
Watch Repairer Electrical and Electronics Trades 545,300 VES

Salary Comparison by City

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

City Average Salary
Barquisimeto 605,700 VES
Caracas 691,200 VES
Ciudad Guayana 524,400 VES
Maracaibo 615,000 VES

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Instrumentation Technician Salary in Venezuela for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-instrumentation-technician-salary-in-venezuela/.

  • "Average Instrumentation Technician Salary in Venezuela for 2024". World Salaries, https://worldsalaries.com/average-instrumentation-technician-salary-in-venezuela/. Accessed 29 March, 2024

  • Average Instrumentation Technician Salary in Venezuela for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-instrumentation-technician-salary-in-venezuela/.