Average Quality Control Executive Salary in Nicaragua for 2024

In this article, we will look at the average Quality Control Executive 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 Quality Control Executive Make in Nicaragua?

A Quality Control Executive working in Nicaragua will typically earn around 330,700 NIO per year, and this can range from the lowest average salary of about 172,200 NIO to the highest average salary of 504,300 NIO.

Average Annual Salary
330,700 NIO
Average Monthly Salary
27,558 NIO

Lowest Annual Salary
172,200 NIO
Lowest Monthly Salary
14,350 NIO

Highest Annual Salary
504,300 NIO
Highest Monthly Salary
42,025 NIO

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

Quality Control Executive 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 Quality Control Executive Salaries in Nicaragua

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

Salary ranges

We already know that a Quality Control Executive can earn between 172,200 NIO and 504,300 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 Quality Control Executive in Nicaragua is 315,900 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 315,900 NIO, and 50% of the population earn more than 315,900 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 Quality Control Executive salary in Nicaragua, 25% of the population are earning less than 221,500 NIO while 75% of the population earn more than 221,500 NIO.

75% of the population earn less than 394,300 NIO, and 25% of the population earn more than 394,300 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.

Quality Control Executive 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 quality control executive 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 Quality Control Executive in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 194,600 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Quality Control Executive salary would increase to 263,200 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as a Quality Control Executive, the average salary would be 340,400 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 412,000 NIO.
  • 15 - 20 Years Experience. A Quality Control Executive with 15 to 20 years of experience can earn an average of 451,000 NIO.
  • 20+ Years Experience. For a Quality Control Executive with more than 20 years, the expected average salary increases to 472,000 NIO.

Average Salary by Experience Chart

0-2 Years
194,600 NIO
2-5 Years +34%
263,200 NIO
5-10 Years +30%
340,400 NIO
10-15 Years +21%
412,000 NIO
15-20 Years +9%
451,000 NIO
20+ Years +5%
472,000 NIO

Quality Control Executive 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 Quality Control Executive 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 Quality Control Executive in Nicaragua with a bachelor's degree education can earn an average salary of 273,000 NIO.

  • Master's Degree. A Quality Control Executive in Nicaragua with a master's degree education can earn an average salary of 383,300 NIO.

Average Salary by Education Chart

Bachelor's Degree
273,000 NIO
Master's Degree +39%
383,300 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.

Quality Control Executive 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 quality control executive will earn an average of 345,700 NIO, while a female quality control executive will earn around 318,800 NIO.

This means that a male quality control executive earns approximately 8% more than a female quality control executive for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
345,700 NIO
Female -8%
318,800 NIO

Quality Control Executive 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 Quality Control Executive in Nicaragua is around 8% 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Quality Control Executive 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%

Quality Control Executive 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 Quality Control Executive is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% 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 6% to 8%.

Received Bonus
61%
No Bonus
39%

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 Quality Control Executive

In the table below, we have salary information for jobs that are similar to a Quality Control Executive in Nicaragua.

Job Title Category Salary
Approval Team Manager Quality Control and Compliance 265,000 NIO
Assistant Quality Manager Quality Control and Compliance 232,900 NIO
Compliance Officer Quality Control and Compliance 142,300 NIO
Document Analyst Quality Control and Compliance 113,420 NIO
Document Control Officer Quality Control and Compliance 107,680 NIO
Document Control Specialist Quality Control and Compliance 128,500 NIO
HACCP Coordinator Quality Control and Compliance 128,500 NIO
Inspection Supervisor Quality Control and Compliance 209,700 NIO
Internal Compliance Officer Quality Control and Compliance 142,300 NIO
Product Complaints Associate Quality Control and Compliance 143,200 NIO
Product Owner Quality Control and Compliance 238,900 NIO
Product Quality Leader Quality Control and Compliance 252,300 NIO
QMS Coordinator Quality Control and Compliance 148,300 NIO
Quality and Safety Site Leader Quality Control and Compliance 263,900 NIO
Quality Assurance Administrator Quality Control and Compliance 215,100 NIO
Quality Assurance Analyst Quality Control and Compliance 263,100 NIO
Quality Assurance Associate Quality Control and Compliance 142,300 NIO
Quality Assurance Auditor Quality Control and Compliance 225,700 NIO
Quality Assurance Document Control Quality Control and Compliance 104,900 NIO
Quality Assurance Engineer Quality Control and Compliance 138,800 NIO
Quality Assurance Executive Quality Control and Compliance 340,400 NIO
Quality Assurance Inspector Quality Control and Compliance 218,900 NIO
Quality Assurance Manager Quality Control and Compliance 371,100 NIO
Quality Assurance Specialist Quality Control and Compliance 239,000 NIO
Quality Assurance Supervisor Quality Control and Compliance 251,500 NIO
Quality Assurance Technician Quality Control and Compliance 123,400 NIO
Quality Assurance Tester Quality Control and Compliance 130,400 NIO
Quality Control Analyst Quality Control and Compliance 222,300 NIO
Quality Control and Compliance Officer Quality Control and Compliance 143,200 NIO
Quality Control and Quality Assurance Officer Quality Control and Compliance 152,100 NIO
Quality Control Auditor Quality Control and Compliance 205,700 NIO
Quality Control Chemist Quality Control and Compliance 254,700 NIO
Quality Control Coordinator Quality Control and Compliance 154,700 NIO
Quality Control Engineer Quality Control and Compliance 143,200 NIO
Quality Control Manager Quality Control and Compliance 366,200 NIO
Quality Control Supervisor Quality Control and Compliance 259,100 NIO
Quality Control Technician Quality Control and Compliance 125,700 NIO
Quality Data Analyst Quality Control and Compliance 207,800 NIO
Quality Director Quality Control and Compliance 361,500 NIO
Quality Engineer Quality Control and Compliance 130,400 NIO
Quality Executive Quality Control and Compliance 267,100 NIO
Quality Improvement Coordinator Quality Control and Compliance 150,000 NIO
Quality Management Officer Quality Control and Compliance 136,200 NIO
Quality Manager Quality Control and Compliance 361,600 NIO
Quality Surveyor Quality Control and Compliance 210,500 NIO
Quality Trainer Quality Control and Compliance 258,400 NIO
Six Sigma Black Belt Quality Control and Compliance 275,500 NIO

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