Average Reliability Engineer Salary in Suriname for 2024

In this article, we will look at the average Reliability 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 Reliability Engineer Make in Suriname?

A Reliability Engineer working in Suriname will typically earn around 57,360 SRD per year, and this can range from the lowest average salary of about 29,040 SRD to the highest average salary of 86,740 SRD.

Average Annual Salary
57,360 SRD
Average Monthly Salary
4,780 SRD

Lowest Annual Salary
29,040 SRD
Lowest Monthly Salary
2,420 SRD

Highest Annual Salary
86,740 SRD
Highest Monthly Salary
7,228 SRD

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

Reliability 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 Reliability Engineer Salaries in Suriname

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

Salary ranges

We already know that a Reliability Engineer can earn between 29,040 SRD and 86,740 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 Reliability Engineer in Suriname is 58,440 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 58,440 SRD, and 50% of the population earn more than 58,440 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 Reliability Engineer salary in Suriname, 25% of the population are earning less than 37,380 SRD while 75% of the population earn more than 37,380 SRD.

75% of the population earn less than 71,280 SRD, and 25% of the population earn more than 71,280 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.

Reliability 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 reliability 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 Reliability Engineer in Suriname that has less than two years of experience can expect to earn somewhere in the region of 34,080 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Reliability Engineer salary would increase to 42,320 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Reliability Engineer, the average salary would be 56,640 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 69,720 SRD.
  • 15 - 20 Years Experience. A Reliability Engineer with 15 to 20 years of experience can earn an average of 74,560 SRD.
  • 20+ Years Experience. For a Reliability Engineer with more than 20 years, the expected average salary increases to 79,500 SRD.

Average Salary by Experience Chart

0-2 Years
34,080 SRD
2-5 Years +29%
42,320 SRD
5-10 Years +38%
56,640 SRD
10-15 Years +24%
69,720 SRD
15-20 Years +7%
74,560 SRD
20+ Years +7%
79,500 SRD

Reliability 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 Reliability 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 Reliability Engineer in Suriname with a bachelor's degree education can earn an average salary of 39,420 SRD.

  • Master's Degree. A Reliability Engineer in Suriname with a master's degree education can earn an average salary of 64,180 SRD.

Average Salary by Education Chart

Bachelor's Degree
39,420 SRD
Master's Degree +60%
64,180 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.

Reliability 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 reliability engineer will earn an average of 56,640 SRD, while a female reliability engineer will earn around 53,660 SRD.

This means that a male reliability engineer earns approximately 6% more than a female reliability engineer for performing the same job.

Average Salary by Gender Chart in Suriname

Male
56,640 SRD
Female -6%
53,660 SRD

Reliability 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 Reliability Engineer in Suriname is around 9% every 27 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 = ( 9 ÷ 27 ) × 12  = 4%

What this means is that a Reliability Engineer in Suriname can expect to receive an average pay raise of around 4% 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%

Reliability 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 Reliability Engineer is a low bonus based job, with 13% of employees reporting at least one bonus in the last 12 months.

87% 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
13%
No Bonus
87%

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 Reliability Engineer

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

Job Title Category Salary
Assistant Yard Manager Oil / Gas / Energy / Mining 60,400 SRD
Associate Analyst Oil / Gas / Energy / Mining 62,460 SRD
Associate Landman Oil / Gas / Energy / Mining 27,300 SRD
Auxiliary Equipment Operator Oil / Gas / Energy / Mining 21,300 SRD
Biomass Plant Technician Oil / Gas / Energy / Mining 26,400 SRD
Biomass Power Plant Manager Oil / Gas / Energy / Mining 80,840 SRD
Chemical Plant Operator Oil / Gas / Energy / Mining 48,160 SRD
Chief Contract Compliance Engineer Oil / Gas / Energy / Mining 62,460 SRD
Completions Engineer Oil / Gas / Energy / Mining 55,320 SRD
Cost Controller Oil / Gas / Energy / Mining 44,300 SRD
Cost Engineer Oil / Gas / Energy / Mining 59,240 SRD
Crude Oil Marketing Representative Oil / Gas / Energy / Mining 58,800 SRD
Dispatcher Oil / Gas / Energy / Mining 25,160 SRD
Distribution Manager Oil / Gas / Energy / Mining 80,280 SRD
Dragline Operator Oil / Gas / Energy / Mining 26,660 SRD
Driller Offsider Oil / Gas / Energy / Mining 20,460 SRD
Dump Truck Driver Oil / Gas / Energy / Mining 20,460 SRD
Electric and Gas Operations Manager Oil / Gas / Energy / Mining 138,200 SRD
Energy Advisor Oil / Gas / Energy / Mining 93,780 SRD
Energy Analyst Oil / Gas / Energy / Mining 82,160 SRD
Energy Auditor Oil / Gas / Energy / Mining 73,820 SRD
Energy Dispatch Director Oil / Gas / Energy / Mining 106,160 SRD
Energy Technical Assistant Oil / Gas / Energy / Mining 36,020 SRD
Energy Technical Manager Oil / Gas / Energy / Mining 75,260 SRD
Energy Technical Support Manager Oil / Gas / Energy / Mining 69,260 SRD
Energy Technical Trainer Oil / Gas / Energy / Mining 49,560 SRD
Engineering Geologist Oil / Gas / Energy / Mining 111,900 SRD
Exploration Manager Oil / Gas / Energy / Mining 98,000 SRD
Field Safety Auditor Oil / Gas / Energy / Mining 61,680 SRD
Fluids Engineer Oil / Gas / Energy / Mining 55,820 SRD
Fuel Cell Engineer Oil / Gas / Energy / Mining 60,180 SRD
Fuel Cell Technician Oil / Gas / Energy / Mining 30,840 SRD
Fuels Handler Oil / Gas / Energy / Mining 25,160 SRD
Gas Compressor Operator Oil / Gas / Energy / Mining 26,080 SRD
Gas Distribution Plant Operator Oil / Gas / Energy / Mining 48,640 SRD
Gas Supply Manager Oil / Gas / Energy / Mining 85,440 SRD
Geologist Oil / Gas / Energy / Mining 104,080 SRD
Geophysicist Oil / Gas / Energy / Mining 106,160 SRD
Geothermal Production Manager Oil / Gas / Energy / Mining 99,340 SRD
Geothermal Technician Oil / Gas / Energy / Mining 42,460 SRD
HSE Engineer Oil / Gas / Energy / Mining 58,520 SRD
HSE Officer Oil / Gas / Energy / Mining 37,620 SRD
HSE Supervisor Oil / Gas / Energy / Mining 43,340 SRD
HSEQ Administrator Oil / Gas / Energy / Mining 42,320 SRD
Inspector Oil / Gas / Energy / Mining 53,840 SRD
Instructor Oil / Gas / Energy / Mining 45,580 SRD
Instrument Designer Oil / Gas / Energy / Mining 44,780 SRD
Lead Technical Field Advisor Oil / Gas / Energy / Mining 80,180 SRD
Logistics and Tool Coordinator Oil / Gas / Energy / Mining 46,880 SRD
Maintenance Engineer Oil / Gas / Energy / Mining 61,460 SRD
Maintenance Superintendent Oil / Gas / Energy / Mining 55,220 SRD
Material Controller Oil / Gas / Energy / Mining 39,160 SRD
Mine Engineer Oil / Gas / Energy / Mining 56,140 SRD
Mine Surveyor Oil / Gas / Energy / Mining 64,300 SRD
Mining Project Administrator Oil / Gas / Energy / Mining 49,560 SRD
Mining Project Assistant Oil / Gas / Energy / Mining 38,780 SRD
Mining Project Controls Consultant Oil / Gas / Energy / Mining 63,400 SRD
Mining Project Coordinator Oil / Gas / Energy / Mining 53,380 SRD
Mining Project Engineer Oil / Gas / Energy / Mining 55,220 SRD
Mining Project Manager Oil / Gas / Energy / Mining 72,260 SRD
Mining Site Manager Oil / Gas / Energy / Mining 78,160 SRD
Mining Team Leader Oil / Gas / Energy / Mining 60,880 SRD
NDT Technician Oil / Gas / Energy / Mining 34,380 SRD
Oil Service Unit Operator Oil / Gas / Energy / Mining 31,940 SRD
Oil Trader Oil / Gas / Energy / Mining 72,700 SRD
Oilwell Pumper Oil / Gas / Energy / Mining 23,520 SRD
Petroleum Engineer Oil / Gas / Energy / Mining 69,240 SRD
Petroleum Geologist Oil / Gas / Energy / Mining 105,980 SRD
Petroleum Pump System Operator Oil / Gas / Energy / Mining 31,380 SRD
Petroleum Technician Oil / Gas / Energy / Mining 34,980 SRD
Pipeline Technician Oil / Gas / Energy / Mining 22,540 SRD
Power Coordinator Oil / Gas / Energy / Mining 37,620 SRD
Power Plant Operations Manager Oil / Gas / Energy / Mining 117,100 SRD
Power Plant Operator Oil / Gas / Energy / Mining 49,560 SRD
Radio Operator Oil / Gas / Energy / Mining 25,940 SRD
Reservoir Engineer Oil / Gas / Energy / Mining 50,180 SRD
Risk Analyst Oil / Gas / Energy / Mining 71,660 SRD
Roughneck Oil / Gas / Energy / Mining 62,100 SRD
Scaffolder Oil / Gas / Energy / Mining 39,080 SRD
Shutdown Engineer Oil / Gas / Energy / Mining 46,980 SRD
Solar Energy Installation Manager Oil / Gas / Energy / Mining 87,880 SRD
Solar Energy Systems Engineer Oil / Gas / Energy / Mining 62,420 SRD
Solar Photovoltaic Installer Oil / Gas / Energy / Mining 40,560 SRD
Solar Thermal Technician Oil / Gas / Energy / Mining 39,160 SRD
Supply Operations Manager Oil / Gas / Energy / Mining 93,280 SRD
Sustainability Specialist Oil / Gas / Energy / Mining 94,400 SRD
System Development Advisor Oil / Gas / Energy / Mining 64,560 SRD
Tanker Truck Driver Oil / Gas / Energy / Mining 21,980 SRD
Utility Operator Oil / Gas / Energy / Mining 31,960 SRD
Wind Energy Project Manager Oil / Gas / Energy / Mining 84,180 SRD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Reliability Engineer Salary in Suriname for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-reliability-engineer-salary-in-suriname/.

  • "Average Reliability Engineer Salary in Suriname for 2024". World Salaries, https://worldsalaries.com/average-reliability-engineer-salary-in-suriname/. Accessed 28 March, 2024

  • Average Reliability Engineer Salary in Suriname for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-reliability-engineer-salary-in-suriname/.