Average Manufacturing Engineering Technologist Salary in Nicaragua for 2024

In this article, we will look at the average Manufacturing Engineering Technologist salary for 2024 in Nicaragua 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 Nicaraguan córdoba. To keep things simple, we are using the NIO currency code instead of the currency symbol C$.

How Much Does a Manufacturing Engineering Technologist Make in Nicaragua?

A Manufacturing Engineering Technologist working in Nicaragua will typically earn around 221,500 NIO per year, and this can range from the lowest average salary of about 111,460 NIO to the highest average salary of 348,300 NIO.

Average Annual Salary
221,500 NIO
Average Monthly Salary
18,458 NIO

Lowest Annual Salary
111,460 NIO
Lowest Monthly Salary
9,288 NIO

Highest Annual Salary
348,300 NIO
Highest Monthly Salary
29,025 NIO

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

Manufacturing Engineering Technologist 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 Manufacturing Engineering Technologist Salaries in Nicaragua

So we've looked at the average salaries a Manufacturing Engineering Technologist will earn in Nicaragua. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Manufacturing Engineering Technologist can earn between 111,460 NIO and 348,300 NIO on average in Nicaragua. 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 Manufacturing Engineering Technologist in Nicaragua is 227,600 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 227,600 NIO, and 50% of the population earn more than 227,600 NIO.

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 Manufacturing Engineering Technologist salary in Nicaragua, 25% of the population are earning less than 152,000 NIO while 75% of the population earn more than 152,000 NIO.

75% of the population earn less than 294,300 NIO, and 25% of the population earn more than 294,300 NIO.

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.

Manufacturing Engineering Technologist Salary by Experience Level in Nicaragua

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 manufacturing engineering technologist 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 Manufacturing Engineering Technologist in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 128,500 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Manufacturing Engineering Technologist salary would increase to 168,100 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as a Manufacturing Engineering Technologist, the average salary would be 231,000 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 283,700 NIO.
  • 15 - 20 Years Experience. A Manufacturing Engineering Technologist with 15 to 20 years of experience can earn an average of 307,400 NIO.
  • 20+ Years Experience. For a Manufacturing Engineering Technologist with more than 20 years, the expected average salary increases to 325,900 NIO.

Average Salary by Experience Chart

0-2 Years
128,500 NIO
2-5 Years +29%
168,100 NIO
5-10 Years +38%
231,000 NIO
10-15 Years +24%
283,700 NIO
15-20 Years +7%
307,400 NIO
20+ Years +7%
325,900 NIO

Manufacturing Engineering Technologist Salary by Education Level in Nicaragua

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 Manufacturing Engineering Technologist in Nicaragua 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. A Manufacturing Engineering Technologist in Nicaragua with a bachelor's degree education can earn an average salary of 161,300 NIO.

  • Master's Degree. A Manufacturing Engineering Technologist in Nicaragua with a master's degree education can earn an average salary of 261,300 NIO.

Average Salary by Education Chart

Bachelor's Degree
161,300 NIO
Master's Degree +60%
261,300 NIO

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 Nicaragua is around 94,700 to 284,000 NIO 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.

Manufacturing Engineering Technologist 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 Nicaragua, a male manufacturing engineering technologist will earn an average of 232,900 NIO, while a female manufacturing engineering technologist will earn around 210,500 NIO.

This means that a male manufacturing engineering technologist earns approximately 11% more than a female manufacturing engineering technologist for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
232,900 NIO
Female -11%
210,500 NIO

Manufacturing Engineering Technologist Average Pay Raise in Nicaragua

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 Manufacturing Engineering Technologist in Nicaragua is around 7% every 30 months.

The national average pay raise across all professions and industries in Nicaragua 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Manufacturing Engineering Technologist in Nicaragua can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Nicaragua for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Manufacturing Engineering Technologist Bonus and Incentive Rates in Nicaragua

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 Manufacturing Engineering Technologist is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% 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 5% to 9%.

Received Bonus
63%
No Bonus
37%

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 Nicaragua earn approximately 14% more than private sector employees in the same role.

Public Sector
245,300 NIO
Private Sector -14%
215,100 NIO

Salaries for Jobs Similar to a Manufacturing Engineering Technologist

In the table below, we have salary information for jobs that are similar to a Manufacturing Engineering Technologist in Nicaragua.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 58,800 NIO
Assembly Line Worker Factory and Manufacturing 61,840 NIO
Assembly Supervisor Factory and Manufacturing 97,760 NIO
Assistance Maintenance Manager Factory and Manufacturing 231,000 NIO
Assistant Shipping Manager Factory and Manufacturing 207,700 NIO
Chemical Equipment Controller Factory and Manufacturing 152,100 NIO
Chemical Technican Apprentice Factory and Manufacturing 115,620 NIO
CNC Machinist Factory and Manufacturing 142,300 NIO
CNC Operator Factory and Manufacturing 128,500 NIO
CNC Programmer Factory and Manufacturing 150,000 NIO
Colour Technologist Factory and Manufacturing 78,120 NIO
Contracts Manager Factory and Manufacturing 258,400 NIO
Data Collection Coordinator Factory and Manufacturing 99,340 NIO
Demand Planner Factory and Manufacturing 96,340 NIO
Derrick Operator Factory and Manufacturing 60,460 NIO
Director of Manufacturing Factory and Manufacturing 390,000 NIO
Dock Worker Factory and Manufacturing 60,480 NIO
Drying Technician Factory and Manufacturing 60,340 NIO
Equipment Operator Factory and Manufacturing 56,100 NIO
Export Sales Coordinator Factory and Manufacturing 190,500 NIO
Factory Superintendent Factory and Manufacturing 101,900 NIO
Factory Worker Factory and Manufacturing 71,020 NIO
Failure Analysis Technician Factory and Manufacturing 95,980 NIO
Fiberglass Laminator Factory and Manufacturing 64,300 NIO
Food Technologist Factory and Manufacturing 116,180 NIO
Forklift Driver Factory and Manufacturing 63,040 NIO
Forklift Operator Factory and Manufacturing 62,100 NIO
Forming Machine Operator Factory and Manufacturing 67,560 NIO
Furnace Operator Factory and Manufacturing 62,860 NIO
Gas Appliance Repairer Factory and Manufacturing 66,000 NIO
General Warehouse Associate Factory and Manufacturing 105,440 NIO
Heavy Equipment Operator Factory and Manufacturing 83,020 NIO
HSE Manager Factory and Manufacturing 272,800 NIO
Industrial Engineer Factory and Manufacturing 201,100 NIO
Industrial Machinery Mechanic Factory and Manufacturing 125,100 NIO
Industrial Production Manager Factory and Manufacturing 369,300 NIO
Industrial Safety and Health Engineer Factory and Manufacturing 194,600 NIO
Intake Operator Factory and Manufacturing 83,640 NIO
Key Account Manager Factory and Manufacturing 311,700 NIO
Lift Truck Operator Factory and Manufacturing 66,580 NIO
Loading Supervisor Factory and Manufacturing 109,740 NIO
Logistic Coordinator Factory and Manufacturing 161,600 NIO
Logistics Clerk Factory and Manufacturing 73,880 NIO
Machine Operator Factory and Manufacturing 66,020 NIO
Machinist Factory and Manufacturing 64,640 NIO
Maintenance Manager Factory and Manufacturing 251,500 NIO
Maintenance Store Clerk Factory and Manufacturing 65,760 NIO
Manufacturing Engineer Factory and Manufacturing 207,800 NIO
Manufacturing Engineering Manager Factory and Manufacturing 294,700 NIO
Manufacturing Manager Factory and Manufacturing 344,600 NIO
Manufacturing Operative Factory and Manufacturing 108,800 NIO
Manufacturing Production Technician Factory and Manufacturing 83,300 NIO
Manufacturing Supervisor Factory and Manufacturing 172,200 NIO
Manufacturing Technician Factory and Manufacturing 77,640 NIO
Materials Manager Factory and Manufacturing 273,000 NIO
Materials Supervisor Factory and Manufacturing 172,200 NIO
Mechanical Fitter Engineer Factory and Manufacturing 204,000 NIO
Mechanical Foreman Factory and Manufacturing 57,820 NIO
Merchandise Planner Factory and Manufacturing 111,240 NIO
Metrology Engineer Factory and Manufacturing 197,600 NIO
Operations Engineer Factory and Manufacturing 189,300 NIO
Operations Manager Factory and Manufacturing 315,900 NIO
Order Management Coordinator Factory and Manufacturing 163,800 NIO
Order Processing Manager Factory and Manufacturing 266,000 NIO
Order Selector Factory and Manufacturing 73,800 NIO
Package Handler Factory and Manufacturing 58,520 NIO
Packaging Manager Factory and Manufacturing 197,600 NIO
Packer Factory and Manufacturing 67,560 NIO
Packing Deputy Supervisor Factory and Manufacturing 167,100 NIO
Planning Manager Factory and Manufacturing 283,400 NIO
Plant Manager Factory and Manufacturing 330,900 NIO
Precision Instrument Repairer Factory and Manufacturing 97,060 NIO
Process Technician Factory and Manufacturing 79,280 NIO
Product Manager Factory and Manufacturing 340,400 NIO
Production Analyst Factory and Manufacturing 271,300 NIO
Production Director Factory and Manufacturing 382,600 NIO
Production Engineer Factory and Manufacturing 208,600 NIO
Production Engineering Supervisor Factory and Manufacturing 292,000 NIO
Production Inspector Factory and Manufacturing 225,300 NIO
Production Laborer Factory and Manufacturing 57,320 NIO
Production Manager Factory and Manufacturing 378,300 NIO
Production Operator Factory and Manufacturing 84,560 NIO
Production Scheduler Factory and Manufacturing 154,700 NIO
Production Supervisor Factory and Manufacturing 201,100 NIO
Production Technician Factory and Manufacturing 83,200 NIO
Production Worker Factory and Manufacturing 78,260 NIO
Quality Control Analyst Factory and Manufacturing 258,400 NIO
Quality Control Inspector Factory and Manufacturing 209,700 NIO
Quality Control Manager Factory and Manufacturing 301,600 NIO
Service Technician Factory and Manufacturing 79,500 NIO
SHEQ Officer Factory and Manufacturing 90,660 NIO
Shipping Manager Factory and Manufacturing 301,300 NIO
Small Engine Mechanic Factory and Manufacturing 113,780 NIO
Spray Painter Factory and Manufacturing 63,700 NIO
Sterile Processing Technician Factory and Manufacturing 72,740 NIO
Structural Welder Factory and Manufacturing 57,620 NIO
Supply Chain Operative Factory and Manufacturing 167,100 NIO
Technical Operator Factory and Manufacturing 85,880 NIO
Technology Development Manager Factory and Manufacturing 361,600 NIO
Testing Technician Factory and Manufacturing 152,100 NIO
Toolmaker Factory and Manufacturing 99,560 NIO
Warehouse Forklift Operator Factory and Manufacturing 66,940 NIO
Warehouse Operative Factory and Manufacturing 67,120 NIO
Warehouse Worker Factory and Manufacturing 64,200 NIO
Warranty Handler Factory and Manufacturing 119,860 NIO
Welder Factory and Manufacturing 63,500 NIO
Workshop Manager Factory and Manufacturing 217,900 NIO

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