Average PCB Assembler Salary in Nicaragua for 2024

In this article, we will look at the average PCB Assembler 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 PCB Assembler Make in Nicaragua?

A PCB Assembler working in Nicaragua will typically earn around 73,800 NIO per year, and this can range from the lowest average salary of about 38,180 NIO to the highest average salary of 115,640 NIO.

Average Annual Salary
73,800 NIO
Average Monthly Salary
6,150 NIO

Lowest Annual Salary
38,180 NIO
Lowest Monthly Salary
3,181 NIO

Highest Annual Salary
115,640 NIO
Highest Monthly Salary
9,636 NIO

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

PCB Assembler 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 PCB Assembler Salaries in Nicaragua

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

Salary ranges

We already know that a PCB Assembler can earn between 38,180 NIO and 115,640 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 PCB Assembler in Nicaragua is 74,560 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 74,560 NIO, and 50% of the population earn more than 74,560 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 PCB Assembler salary in Nicaragua, 25% of the population are earning less than 49,020 NIO while 75% of the population earn more than 49,020 NIO.

75% of the population earn less than 98,820 NIO, and 25% of the population earn more than 98,820 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.

PCB Assembler 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 pcb assembler 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 PCB Assembler in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 44,800 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average PCB Assembler salary would increase to 57,360 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as a PCB Assembler, the average salary would be 75,980 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 96,540 NIO.
  • 15 - 20 Years Experience. A PCB Assembler with 15 to 20 years of experience can earn an average of 102,460 NIO.
  • 20+ Years Experience. For a PCB Assembler with more than 20 years, the expected average salary increases to 106,980 NIO.

Average Salary by Experience Chart

0-2 Years
44,800 NIO
2-5 Years +29%
57,360 NIO
5-10 Years +38%
75,980 NIO
10-15 Years +24%
96,540 NIO
15-20 Years +7%
102,460 NIO
20+ Years +7%
106,980 NIO

PCB Assembler 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 PCB Assembler in Nicaragua 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 PCB Assembler in Nicaragua with a high school education can earn an average salary of 57,360 NIO.

  • Certificate or Diploma. A PCB Assembler in Nicaragua with a certificate or diploma education can earn an average salary of 79,240 NIO.

  • Bachelor's Degree. A PCB Assembler in Nicaragua with a bachelor's degree education can earn an average salary of 107,880 NIO.

Average Salary by Education Chart

High School
57,360 NIO
Certificate or Diploma +43%
79,240 NIO
Bachelor's Degree +38%
107,880 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.

PCB Assembler 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 pcb assembler will earn an average of 78,940 NIO, while a female pcb assembler will earn around 69,260 NIO.

This means that a male pcb assembler earns approximately 14% more than a female pcb assembler for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
78,940 NIO
Female -14%
69,260 NIO

PCB Assembler 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 PCB Assembler in Nicaragua is around 7% every 27 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 ÷ 27 ) × 12  = 3%

What this means is that a PCB Assembler 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%

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

88% 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
12%
No Bonus
88%

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 PCB Assembler

In the table below, we have salary information for jobs that are similar to a PCB Assembler in Nicaragua.

Job Title Category Salary
Acoustics Engineer Engineering 181,600 NIO
Assembly Engineering Technician Engineering 157,600 NIO
Assistant Chief Engineer Engineering 215,100 NIO
Associate Engineer Engineering 180,300 NIO
AutoCAD Drafter Engineering 118,380 NIO
Autocad Operator Engineering 127,700 NIO
Automation Engineer Engineering 204,000 NIO
Automation Engineer Engineering 205,700 NIO
Avionic System Support Engineer Engineering 195,200 NIO
Biochemical Engineer Engineering 183,600 NIO
BMS Engineer Engineering 192,000 NIO
Bridge and Lock Tender Engineering 110,500 NIO
Broadcast Engineer Engineering 197,600 NIO
CAD Design Engineer Engineering 207,700 NIO
CAD Designer Engineering 119,700 NIO
CAE Engineer Engineering 191,600 NIO
Ceramics Engineer Engineering 187,300 NIO
Chemical Engineer Engineering 192,600 NIO
Civil Drafter Engineering 125,100 NIO
Civil Engineer Engineering 201,100 NIO
Civil Site Engineer Engineering 210,500 NIO
Civil Technician Engineering 119,700 NIO
Commissioning Engineer Engineering 185,100 NIO
Communications Engineer Engineering 208,600 NIO
Condition Monitoring Engineer Engineering 168,100 NIO
Contract Associate Engineer Engineering 187,500 NIO
Contract Engineer Engineering 196,800 NIO
Control Systems Engineer Engineering 196,800 NIO
Controls Engineer Engineering 187,500 NIO
Controls Software Engineer Engineering 168,100 NIO
Corrosion Engineer Engineering 185,100 NIO
Design Engineer Engineering 210,500 NIO
Director of Engineering Engineering 394,500 NIO
Drafter Engineering 119,700 NIO
Drafting Manager Engineering 233,600 NIO
Drilling Engineer Engineering 191,600 NIO
Drilling Foreman Engineering 58,720 NIO
Electrical Draughtsman Engineering 99,340 NIO
Electrical Engineer Engineering 208,600 NIO
Electrical Engineering Manager Engineering 286,400 NIO
Electromechanical Engineering Technologist Engineering 215,100 NIO
Electromechanical Equipment Assembler Engineering 98,960 NIO
Energy Engineer Engineering 210,500 NIO
Engine Assembler Engineering 87,760 NIO
Engineer Engineering 204,700 NIO
Engineering Account Manager Engineering 217,900 NIO
Engineering Chief Designer Engineering 232,400 NIO
Engineering Consultant Engineering 271,300 NIO
Engineering Key Account Manager Engineering 281,500 NIO
Engineering Lab Technician Engineering 181,600 NIO
Engineering Manager Engineering 277,400 NIO
Engineering Planning Manager Engineering 283,400 NIO
Engineering Production Manager Engineering 340,400 NIO
Engineering Project Analyst Engineering 238,900 NIO
Engineering Project Coordinator Engineering 221,500 NIO
Engineering Project Director Engineering 404,600 NIO
Engineering Project Leader Engineering 259,100 NIO
Engineering Project Manager Engineering 267,100 NIO
Engineering Research and Development Manager Engineering 315,900 NIO
Engineering Safety Coordinator Engineering 159,500 NIO
Engineering Sales Manager Engineering 257,700 NIO
Engineering Technician Engineering 148,300 NIO
Engineering Technologist Engineering 159,100 NIO
Environmental Engineer Engineering 197,600 NIO
Equipment Engineer Engineering 175,900 NIO
Equipment Engineering Manager Engineering 272,800 NIO
Estimator Engineering 169,000 NIO
Fabrication Specialist Engineering 142,300 NIO
Fabricator Engineering 89,280 NIO
Facade Engineer Engineering 194,600 NIO
Fiber Analyst Engineering 114,820 NIO
Field Engineer Engineering 205,700 NIO
Field Engineering Manager Engineering 351,900 NIO
Fire Engineer Engineering 197,600 NIO
Fitter and Turner Engineering 67,020 NIO
Forestry Strategic Planner Engineering 218,900 NIO
Generation Engineer Engineering 207,800 NIO
Genetic Engineer Engineering 209,500 NIO
Geological Engineer Engineering 197,600 NIO
Geotechnical Engineer Engineering 210,500 NIO
Heavy Equipment Mechanic Engineering 107,380 NIO
Highway Engineer Engineering 190,500 NIO
HSE Professional Engineering 175,900 NIO
HVAC Engineer Engineering 214,000 NIO
HVAC Supervisor Engineering 185,100 NIO
Industrial Engineer Engineering 187,500 NIO
Industrial Engineering Technologist Engineering 191,600 NIO
Instrument Engineer Engineering 187,300 NIO
Instrument Technician Engineering 108,800 NIO
Instrumentation and Control Engineer Engineering 187,300 NIO
Instrumentation Designer Engineering 169,000 NIO
Instrumentation Engineer Engineering 201,100 NIO
Instrumentation Manager Engineering 190,500 NIO
Irrigation Engineer Engineering 197,600 NIO
Licensed Aircraft Engineer Engineering 209,700 NIO
Locomotive Engineer Engineering 187,500 NIO
Maintenance Engineer Engineering 183,700 NIO
Maintenance Fitter Engineering 69,540 NIO
Maintenance Manager Engineering 192,600 NIO
Manufacturing Engineer Engineering 197,600 NIO
Marine Engineer Engineering 197,600 NIO
Materials Engineer Engineering 185,100 NIO
Materials Researcher Engineering 189,300 NIO
Materials Technician Engineering 143,200 NIO
Mechanical and Electrical Engineer Engineering 221,500 NIO
Mechanical Design Engineer Engineering 212,500 NIO
Mechanical Designer Engineering 164,200 NIO
Mechanical Engineer Engineering 210,500 NIO
Mechanical Engineering Manager Engineering 268,900 NIO
Mechanical Inspector Engineering 187,300 NIO
Mechatronics Engineer Engineering 217,900 NIO
Mining Engineer Engineering 189,300 NIO
Oil and Petrochemical Engineer Engineering 209,500 NIO
Optical Engineer Engineering 185,100 NIO
Optical Instrument Assembler Engineering 104,040 NIO
Photonics Engineer Engineering 221,500 NIO
Photonics Technician Engineering 172,200 NIO
Pipeline Engineer Engineering 187,500 NIO
Piping Designer Engineering 105,300 NIO
Piping Engineer Engineering 189,300 NIO
Planning Engineer Engineering 195,200 NIO
Pressure Vessel Inspector Engineering 96,960 NIO
Principal Cost Engineer Engineering 201,100 NIO
Principal Engineer Engineering 192,600 NIO
Principal Support Engineer Engineering 204,700 NIO
Process Engineer Engineering 204,700 NIO
Process Operator Engineering 113,420 NIO
Product Development Engineer Engineering 205,700 NIO
Product Development Technician Engineering 146,200 NIO
Product Engineer Engineering 214,000 NIO
Product Safety Engineer Engineering 181,600 NIO
Production Engineer Engineering 194,600 NIO
Project Engineer Engineering 209,700 NIO
Proposal Manager Engineering 263,100 NIO
Purchasing Engineer Engineering 181,600 NIO
Quality Assurance Engineer Engineering 187,300 NIO
Rail Engineer Engineering 201,100 NIO
Regional Field Engineer Engineering 221,500 NIO
Robotics Engineer Engineering 233,600 NIO
Robotics Technician Engineering 161,600 NIO
Safety Engineer Engineering 192,600 NIO
Safety Inspector Engineering 148,300 NIO
Safety Manager Engineering 237,400 NIO
Safety Officer Engineering 97,300 NIO
Sales Engineer Engineering 221,500 NIO
Scheduling Engineer Engineering 187,500 NIO
Service Engineer Engineering 208,600 NIO
Solar Engineer Engineering 205,700 NIO
Staff Engineer Engineering 194,600 NIO
Static Equipment Engineer Engineering 191,600 NIO
Stationary Engineer Engineering 180,500 NIO
Stress Engineer Engineering 180,500 NIO
Structural Analysis Engineer Engineering 200,000 NIO
Structural Designer Engineering 172,200 NIO
Structural Engineer Engineering 192,600 NIO
Structural Technician Engineering 134,600 NIO
Supply Chain Specialist Engineering 195,200 NIO
Surveyor Engineering 157,600 NIO
Technical Affairs Officer Engineering 103,580 NIO
Technical Assistant Engineering 104,040 NIO
Technical Engineer Engineering 167,100 NIO
Technical Support Engineer Engineering 168,100 NIO
Tender Engineer Engineering 172,200 NIO
Test Development Engineer Engineering 197,600 NIO
Test Engineer Engineering 192,000 NIO
Transportation Engineer Engineering 192,600 NIO
Validation Engineer Engineering 183,700 NIO
Verification Engineer Engineering 195,200 NIO
Wastewater Engineer Engineering 204,700 NIO
Wind Energy Engineer Engineering 207,700 NIO
Wind Energy Operations Manager Engineering 261,300 NIO
Work Planner Engineering 136,200 NIO

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