Average Photonics Engineer Salary in Suriname for 2024

In this article, we will look at the average Photonics Engineer salary for 2024 in Suriname 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 Surinamese dollar. To keep things simple, we are using the SRD currency code instead of the currency symbol $.

How Much Does a Photonics Engineer Make in Suriname?

A Photonics Engineer working in Suriname will typically earn around 58,800 SRD per year, and this can range from the lowest average salary of about 29,160 SRD to the highest average salary of 91,660 SRD.

Average Annual Salary
58,800 SRD
Average Monthly Salary
4,900 SRD

Lowest Annual Salary
29,160 SRD
Lowest Monthly Salary
2,430 SRD

Highest Annual Salary
91,660 SRD
Highest Monthly Salary
7,638 SRD

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

Photonics Engineer 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 Photonics Engineer Salaries in Suriname

So we've looked at the average salaries a Photonics Engineer will earn in Suriname. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Photonics Engineer can earn between 29,160 SRD and 91,660 SRD on average in Suriname. 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 Photonics Engineer in Suriname is 58,000 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 58,000 SRD, and 50% of the population earn more than 58,000 SRD.

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 Photonics Engineer salary in Suriname, 25% of the population are earning less than 38,780 SRD while 75% of the population earn more than 38,780 SRD.

75% of the population earn less than 73,980 SRD, and 25% of the population earn more than 73,980 SRD.

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.

Photonics Engineer Salary by Experience Level in Suriname

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 photonics engineer 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 Photonics Engineer in Suriname that has less than two years of experience can expect to earn somewhere in the region of 33,980 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Photonics Engineer salary would increase to 43,760 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Photonics Engineer, the average salary would be 61,680 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 74,300 SRD.
  • 15 - 20 Years Experience. A Photonics Engineer with 15 to 20 years of experience can earn an average of 83,400 SRD.
  • 20+ Years Experience. For a Photonics Engineer with more than 20 years, the expected average salary increases to 88,300 SRD.

Average Salary by Experience Chart

0-2 Years
33,980 SRD
2-5 Years +31%
43,760 SRD
5-10 Years +40%
61,680 SRD
10-15 Years +20%
74,300 SRD
15-20 Years +9%
83,400 SRD
20+ Years +8%
88,300 SRD

Photonics Engineer Salary by Education Level in Suriname

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 Photonics Engineer in Suriname 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 Photonics Engineer in Suriname with a bachelor's degree education can earn an average salary of 43,340 SRD.

  • Master's Degree. A Photonics Engineer in Suriname with a master's degree education can earn an average salary of 74,560 SRD.

Average Salary by Education Chart

Bachelor's Degree
43,340 SRD
Master's Degree +77%
74,560 SRD

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 Suriname is around 25,700 to 77,100 SRD 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.

Photonics Engineer 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 Suriname, a male photonics engineer will earn an average of 64,720 SRD, while a female photonics engineer will earn around 59,240 SRD.

This means that a male photonics engineer earns approximately 9% more than a female photonics engineer for performing the same job.

Average Salary by Gender Chart in Suriname

Male
64,720 SRD
Female -9%
59,240 SRD

Photonics Engineer Average Pay Raise in Suriname

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 Photonics Engineer in Suriname is around 8% every 29 months.

The national average pay raise across all professions and industries in Suriname 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 = ( 8 ÷ 29 ) × 12  = 3%

What this means is that a Photonics Engineer in Suriname can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Suriname for 2024

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

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%

Photonics Engineer Bonus and Incentive Rates in Suriname

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 Photonics Engineer is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.

89% 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
11%
No Bonus
89%

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 Suriname earn approximately 20% more than private sector employees in the same role.

Public Sector
67,900 SRD
Private Sector -20%
56,460 SRD

Salaries for Jobs Similar to a Photonics Engineer

In the table below, we have salary information for jobs that are similar to a Photonics Engineer in Suriname.

Job Title Category Salary
Acoustics Engineer Engineering 52,880 SRD
Assembly Engineering Technician Engineering 42,040 SRD
Assistant Chief Engineer Engineering 63,380 SRD
Associate Engineer Engineering 49,700 SRD
AutoCAD Drafter Engineering 32,420 SRD
Autocad Operator Engineering 35,340 SRD
Automation Engineer Engineering 60,480 SRD
Automation Engineer Engineering 60,840 SRD
Avionic System Support Engineer Engineering 55,580 SRD
Biochemical Engineer Engineering 53,320 SRD
BMS Engineer Engineering 50,560 SRD
Bridge and Lock Tender Engineering 33,120 SRD
Broadcast Engineer Engineering 58,200 SRD
CAD Design Engineer Engineering 57,860 SRD
CAD Designer Engineering 37,620 SRD
CAE Engineer Engineering 57,360 SRD
Ceramics Engineer Engineering 52,460 SRD
Chemical Engineer Engineering 59,240 SRD
Civil Drafter Engineering 34,360 SRD
Civil Engineer Engineering 57,320 SRD
Civil Site Engineer Engineering 59,240 SRD
Civil Technician Engineering 33,520 SRD
Commissioning Engineer Engineering 54,280 SRD
Communications Engineer Engineering 64,040 SRD
Condition Monitoring Engineer Engineering 46,040 SRD
Contract Associate Engineer Engineering 54,280 SRD
Contract Engineer Engineering 55,840 SRD
Control Systems Engineer Engineering 54,500 SRD
Controls Engineer Engineering 53,660 SRD
Controls Software Engineer Engineering 51,080 SRD
Corrosion Engineer Engineering 49,560 SRD
Design Engineer Engineering 57,800 SRD
Director of Engineering Engineering 119,020 SRD
Drafter Engineering 35,340 SRD
Drafting Manager Engineering 64,720 SRD
Drilling Engineer Engineering 56,880 SRD
Drilling Foreman Engineering 17,560 SRD
Electrical Draughtsman Engineering 26,860 SRD
Electrical Engineer Engineering 64,040 SRD
Electrical Engineering Manager Engineering 80,640 SRD
Electromechanical Engineering Technologist Engineering 62,060 SRD
Electromechanical Equipment Assembler Engineering 29,640 SRD
Energy Engineer Engineering 59,240 SRD
Engine Assembler Engineering 27,020 SRD
Engineer Engineering 60,160 SRD
Engineering Account Manager Engineering 61,780 SRD
Engineering Chief Designer Engineering 65,080 SRD
Engineering Consultant Engineering 76,280 SRD
Engineering Key Account Manager Engineering 85,940 SRD
Engineering Lab Technician Engineering 53,120 SRD
Engineering Manager Engineering 77,860 SRD
Engineering Planning Manager Engineering 80,840 SRD
Engineering Production Manager Engineering 103,600 SRD
Engineering Project Analyst Engineering 66,820 SRD
Engineering Project Coordinator Engineering 65,800 SRD
Engineering Project Director Engineering 117,520 SRD
Engineering Project Leader Engineering 71,020 SRD
Engineering Project Manager Engineering 77,620 SRD
Engineering Research and Development Manager Engineering 92,300 SRD
Engineering Safety Coordinator Engineering 47,540 SRD
Engineering Sales Manager Engineering 79,360 SRD
Engineering Technician Engineering 43,360 SRD
Engineering Technologist Engineering 46,720 SRD
Environmental Engineer Engineering 57,080 SRD
Equipment Engineer Engineering 53,380 SRD
Equipment Engineering Manager Engineering 78,500 SRD
Estimator Engineering 46,880 SRD
Fabrication Specialist Engineering 40,240 SRD
Fabricator Engineering 27,020 SRD
Facade Engineer Engineering 51,800 SRD
Fiber Analyst Engineering 34,480 SRD
Field Engineer Engineering 60,840 SRD
Field Engineering Manager Engineering 101,840 SRD
Fire Engineer Engineering 58,000 SRD
Fitter and Turner Engineering 18,280 SRD
Forestry Strategic Planner Engineering 64,040 SRD
Generation Engineer Engineering 57,440 SRD
Genetic Engineer Engineering 61,760 SRD
Geological Engineer Engineering 57,320 SRD
Geotechnical Engineer Engineering 57,800 SRD
Heavy Equipment Mechanic Engineering 27,560 SRD
Highway Engineer Engineering 55,140 SRD
HSE Professional Engineering 53,380 SRD
HVAC Engineer Engineering 57,620 SRD
HVAC Supervisor Engineering 49,560 SRD
Industrial Engineer Engineering 53,840 SRD
Industrial Engineering Technologist Engineering 53,860 SRD
Instrument Engineer Engineering 51,900 SRD
Instrument Technician Engineering 29,160 SRD
Instrumentation and Control Engineer Engineering 54,560 SRD
Instrumentation Designer Engineering 48,740 SRD
Instrumentation Engineer Engineering 57,800 SRD
Instrumentation Manager Engineering 57,080 SRD
Irrigation Engineer Engineering 54,180 SRD
Licensed Aircraft Engineer Engineering 61,180 SRD
Locomotive Engineer Engineering 54,500 SRD
Maintenance Engineer Engineering 50,620 SRD
Maintenance Fitter Engineering 20,520 SRD
Maintenance Manager Engineering 53,320 SRD
Manufacturing Engineer Engineering 55,220 SRD
Marine Engineer Engineering 56,460 SRD
Materials Engineer Engineering 54,280 SRD
Materials Researcher Engineering 52,300 SRD
Materials Technician Engineering 43,260 SRD
Mechanical and Electrical Engineer Engineering 60,020 SRD
Mechanical Design Engineer Engineering 59,480 SRD
Mechanical Designer Engineering 45,580 SRD
Mechanical Engineer Engineering 60,340 SRD
Mechanical Engineering Manager Engineering 80,840 SRD
Mechanical Inspector Engineering 55,580 SRD
Mechatronics Engineer Engineering 61,620 SRD
Mining Engineer Engineering 58,440 SRD
Oil and Petrochemical Engineer Engineering 61,760 SRD
Optical Engineer Engineering 51,120 SRD
Optical Instrument Assembler Engineering 27,620 SRD
PCB Assembler Engineering 19,380 SRD
Photonics Technician Engineering 48,300 SRD
Pipeline Engineer Engineering 50,340 SRD
Piping Designer Engineering 32,020 SRD
Piping Engineer Engineering 52,540 SRD
Planning Engineer Engineering 55,580 SRD
Pressure Vessel Inspector Engineering 27,040 SRD
Principal Cost Engineer Engineering 55,940 SRD
Principal Engineer Engineering 53,320 SRD
Principal Support Engineer Engineering 56,880 SRD
Process Engineer Engineering 59,240 SRD
Process Operator Engineering 31,040 SRD
Product Development Engineer Engineering 62,100 SRD
Product Development Technician Engineering 40,240 SRD
Product Engineer Engineering 62,060 SRD
Product Safety Engineer Engineering 54,700 SRD
Production Engineer Engineering 56,140 SRD
Project Engineer Engineering 61,580 SRD
Proposal Manager Engineering 70,700 SRD
Purchasing Engineer Engineering 51,340 SRD
Quality Assurance Engineer Engineering 52,820 SRD
Rail Engineer Engineering 55,940 SRD
Regional Field Engineer Engineering 64,720 SRD
Robotics Engineer Engineering 64,640 SRD
Robotics Technician Engineering 48,340 SRD
Safety Engineer Engineering 53,320 SRD
Safety Inspector Engineering 44,720 SRD
Safety Manager Engineering 66,000 SRD
Safety Officer Engineering 28,720 SRD
Sales Engineer Engineering 61,460 SRD
Scheduling Engineer Engineering 53,660 SRD
Service Engineer Engineering 58,440 SRD
Solar Engineer Engineering 57,620 SRD
Staff Engineer Engineering 58,240 SRD
Static Equipment Engineer Engineering 56,880 SRD
Stationary Engineer Engineering 54,180 SRD
Stress Engineer Engineering 55,220 SRD
Structural Analysis Engineer Engineering 56,460 SRD
Structural Designer Engineering 49,700 SRD
Structural Engineer Engineering 57,320 SRD
Structural Technician Engineering 39,640 SRD
Supply Chain Specialist Engineering 55,580 SRD
Surveyor Engineering 44,540 SRD
Technical Affairs Officer Engineering 27,480 SRD
Technical Assistant Engineering 27,560 SRD
Technical Engineer Engineering 51,080 SRD
Technical Support Engineer Engineering 46,040 SRD
Tender Engineer Engineering 48,920 SRD
Test Development Engineer Engineering 58,440 SRD
Test Engineer Engineering 53,320 SRD
Transportation Engineer Engineering 53,600 SRD
Validation Engineer Engineering 53,860 SRD
Verification Engineer Engineering 55,580 SRD
Wastewater Engineer Engineering 56,060 SRD
Wind Energy Engineer Engineering 58,280 SRD
Wind Energy Operations Manager Engineering 77,120 SRD
Work Planner Engineering 41,900 SRD

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