Average Manicurist and Pedicurist Salary in Panama for 2024

In this article, we will look at the average Manicurist and Pedicurist salary for 2024 in Panama 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 Panamanian balboa. To keep things simple, we are using the PAB currency code instead of the currency symbol B/..

How Much Does a Manicurist and Pedicurist Make in Panama?

A Manicurist and Pedicurist working in Panama will typically earn around 7,620 PAB per year, and this can range from the lowest average salary of about 4,440 PAB to the highest average salary of 12,760 PAB.

Average Annual Salary
7,620 PAB
Average Monthly Salary
635 PAB

Lowest Annual Salary
4,440 PAB
Lowest Monthly Salary
370 PAB

Highest Annual Salary
12,760 PAB
Highest Monthly Salary
1,063 PAB

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

Manicurist and Pedicurist 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 Manicurist and Pedicurist Salaries in Panama

So we've looked at the average salaries a Manicurist and Pedicurist will earn in Panama. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Manicurist and Pedicurist can earn between 4,440 PAB and 12,760 PAB on average in Panama. 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 Manicurist and Pedicurist in Panama is 8,440 PAB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 8,440 PAB, and 50% of the population earn more than 8,440 PAB.

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 Manicurist and Pedicurist salary in Panama, 25% of the population are earning less than 6,300 PAB while 75% of the population earn more than 6,300 PAB.

75% of the population earn less than 9,020 PAB, and 25% of the population earn more than 9,020 PAB.

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.

Manicurist and Pedicurist Salary by Experience Level in Panama

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 manicurist and pedicurist 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 Manicurist and Pedicurist in Panama that has less than two years of experience can expect to earn somewhere in the region of 4,840 PAB.
  • 2 - 5 Years Experience. With two to five years of experience the average Manicurist and Pedicurist salary would increase to 5,720 PAB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Manicurist and Pedicurist, the average salary would be 7,300 PAB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 10,320 PAB.
  • 15 - 20 Years Experience. A Manicurist and Pedicurist with 15 to 20 years of experience can earn an average of 9,460 PAB.
  • 20+ Years Experience. For a Manicurist and Pedicurist with more than 20 years, the expected average salary increases to 9,960 PAB.

Average Salary by Experience Chart

0-2 Years
4,840 PAB
2-5 Years +23%
5,720 PAB
5-10 Years +42%
7,300 PAB
10-15 Years +17%
10,320 PAB
15-20 Years +10%
9,460 PAB
20+ Years +6%
9,960 PAB

Manicurist and Pedicurist Salary by Education Level in Panama

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 Manicurist and Pedicurist in Panama 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 Manicurist and Pedicurist in Panama with a high school education can earn an average salary of 6,180 PAB.

  • Certificate or Diploma. A Manicurist and Pedicurist in Panama with a certificate or diploma education can earn an average salary of 8,100 PAB.

Average Salary by Education Chart

High School
6,180 PAB
Certificate or Diploma +61%
8,100 PAB

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 Panama is around 10,600 to 31,800 PAB 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.

Manicurist and Pedicurist 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 Panama, a male manicurist and pedicurist will earn an average of 6,760 PAB, while a female manicurist and pedicurist will earn around 5,960 PAB.

This means that a male manicurist and pedicurist earns approximately 13% more than a female manicurist and pedicurist for performing the same job.

Average Salary by Gender Chart in Panama

Male
6,760 PAB
Female -13%
5,960 PAB

Manicurist and Pedicurist Average Pay Raise in Panama

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 Manicurist and Pedicurist in Panama is around 9% every 18 months.

The national average pay raise across all professions and industries in Panama 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 ÷ 18 ) × 12  = 6%

What this means is that a Manicurist and Pedicurist in Panama can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Panama for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Manicurist and Pedicurist Bonus and Incentive Rates in Panama

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 Manicurist and Pedicurist is a low bonus based job, with 49% of employees reporting at least one bonus in the last 12 months.

51% 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 5%.

Received Bonus
49%
No Bonus
51%

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 Panama earn approximately 4% more than private sector employees in the same role.

Public Sector
27,040 PAB
Private Sector -4%
26,020 PAB

Salaries for Jobs Similar to a Manicurist and Pedicurist

In the table below, we have salary information for jobs that are similar to a Manicurist and Pedicurist in Panama.

Job Title Category Salary
Aromatherapist Fitness / Hair / Beauty 27,040 PAB
Art Therapist Fitness / Hair / Beauty 19,020 PAB
Assistant Spa Manager Fitness / Hair / Beauty 20,520 PAB
Beauty Advisor Fitness / Hair / Beauty 21,540 PAB
Beauty Educator Fitness / Hair / Beauty 23,140 PAB
Beauty Shop Coordinator Fitness / Hair / Beauty 14,540 PAB
Beauty Specialist Fitness / Hair / Beauty 19,160 PAB
Beauty Supply Manager Fitness / Hair / Beauty 31,180 PAB
Beauty Therapist Fitness / Hair / Beauty 21,100 PAB
Cosmetic Sales Fitness / Hair / Beauty 9,740 PAB
Cosmetologist Fitness / Hair / Beauty 16,400 PAB
Day Spa Manager Fitness / Hair / Beauty 36,800 PAB
Esthetician Fitness / Hair / Beauty 7,800 PAB
Fitness and Wellness Coordinator Fitness / Hair / Beauty 21,640 PAB
Fitness Instructor Fitness / Hair / Beauty 12,240 PAB
Grooming Salon Manager Fitness / Hair / Beauty 31,540 PAB
Hair Replacement Specialist Fitness / Hair / Beauty 28,860 PAB
Hair Stylist Fitness / Hair / Beauty 9,940 PAB
Health Coach Fitness / Hair / Beauty 26,080 PAB
Health Educator Fitness / Hair / Beauty 30,840 PAB
Massage Therapist Fitness / Hair / Beauty 14,920 PAB
Masseur Fitness / Hair / Beauty 13,060 PAB
Natural Remedy Consultant Fitness / Hair / Beauty 29,540 PAB
Naturopath and Acupuncturist Fitness / Hair / Beauty 12,300 PAB
Occupational Therapist Fitness / Hair / Beauty 14,540 PAB
Occupational Therapy Assistant Fitness / Hair / Beauty 12,620 PAB
Physical Therapy Attendant Fitness / Hair / Beauty 10,988 PAB
Recreational Therapist Fitness / Hair / Beauty 13,100 PAB
Salon Assistant Fitness / Hair / Beauty 10,080 PAB
Salon Manager Fitness / Hair / Beauty 31,980 PAB
Spa Manager Fitness / Hair / Beauty 35,340 PAB
Spa Supervisor Fitness / Hair / Beauty 30,840 PAB
Sport and Recreation Manager Fitness / Hair / Beauty 39,160 PAB
Tattoo Artist Fitness / Hair / Beauty 10,380 PAB
Weight Loss Consultant Fitness / Hair / Beauty 31,040 PAB
Yoga Instructor Fitness / Hair / Beauty 23,400 PAB

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