Average Security Adviser Salary in Nicaragua for 2024

In this article, we will look at the average Security Adviser 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 Security Adviser Make in Nicaragua?

A Security Adviser working in Nicaragua will typically earn around 245,300 NIO per year, and this can range from the lowest average salary of about 112,000 NIO to the highest average salary of 388,100 NIO.

Average Annual Salary
245,300 NIO
Average Monthly Salary
20,441 NIO

Lowest Annual Salary
112,000 NIO
Lowest Monthly Salary
9,333 NIO

Highest Annual Salary
388,100 NIO
Highest Monthly Salary
32,341 NIO

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

Security Adviser 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 Security Adviser Salaries in Nicaragua

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

Salary ranges

We already know that a Security Adviser can earn between 112,000 NIO and 388,100 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 Security Adviser in Nicaragua is 265,000 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 265,000 NIO, and 50% of the population earn more than 265,000 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 Security Adviser salary in Nicaragua, 25% of the population are earning less than 172,200 NIO while 75% of the population earn more than 172,200 NIO.

75% of the population earn less than 351,200 NIO, and 25% of the population earn more than 351,200 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.

Security Adviser 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 security adviser 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 Security Adviser in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 129,000 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Security Adviser salary would increase to 172,200 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as a Security Adviser, the average salary would be 253,400 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 309,800 NIO.
  • 15 - 20 Years Experience. A Security Adviser with 15 to 20 years of experience can earn an average of 335,800 NIO.
  • 20+ Years Experience. For a Security Adviser with more than 20 years, the expected average salary increases to 365,400 NIO.

Average Salary by Experience Chart

0-2 Years
129,000 NIO
2-5 Years +34%
172,200 NIO
5-10 Years +48%
253,400 NIO
10-15 Years +22%
309,800 NIO
15-20 Years +9%
335,800 NIO
20+ Years +8%
365,400 NIO

Security Adviser 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 Security Adviser in Nicaragua based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Security Adviser in Nicaragua with a certificate or diploma education can earn an average salary of 148,300 NIO.

  • Bachelor's Degree. A Security Adviser in Nicaragua with a bachelor's degree education can earn an average salary of 228,000 NIO.

  • Master's Degree. A Security Adviser in Nicaragua with a master's degree education can earn an average salary of 382,600 NIO.

Average Salary by Education Chart

Certificate or Diploma
148,300 NIO
Bachelor's Degree +57%
228,000 NIO
Master's Degree +68%
382,600 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.

Security Adviser 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 security adviser will earn an average of 263,200 NIO, while a female security adviser will earn around 227,600 NIO.

This means that a male security adviser earns approximately 16% more than a female security adviser for performing the same job.

Average Salary by Gender Chart in Nicaragua

Male
263,200 NIO
Female -16%
227,600 NIO

Security Adviser 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 Security Adviser in Nicaragua is around 6% every 31 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 = ( 6 ÷ 31 ) × 12  = 2%

What this means is that a Security Adviser in Nicaragua can expect to receive an average pay raise of around 2% 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%

Security Adviser 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 Security Adviser is a low bonus based job, with 16% of employees reporting at least one bonus in the last 12 months.

84% 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
16%
No Bonus
84%

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 Security Adviser

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

Job Title Category Salary
Accreditation Coordinator Law Enforcement / Security / Fire 187,300 NIO
Accreditation Manager Law Enforcement / Security / Fire 279,400 NIO
Advocate Law Enforcement / Security / Fire 167,100 NIO
Armed Security Officer Law Enforcement / Security / Fire 157,600 NIO
Company Guard Law Enforcement / Security / Fire 77,100 NIO
Control Room Operator Law Enforcement / Security / Fire 73,100 NIO
Correctional Officer Law Enforcement / Security / Fire 119,900 NIO
Criminal Investigator Law Enforcement / Security / Fire 246,200 NIO
Facility Monitor Law Enforcement / Security / Fire 130,400 NIO
Fire Chief Law Enforcement / Security / Fire 239,000 NIO
Fire Dispatcher Law Enforcement / Security / Fire 125,100 NIO
Fire Education Specialist Law Enforcement / Security / Fire 201,100 NIO
Fire Extinguisher Technician Law Enforcement / Security / Fire 75,980 NIO
Fire Fighter Law Enforcement / Security / Fire 125,100 NIO
Fire Inspector Law Enforcement / Security / Fire 233,900 NIO
Fire Investigator Law Enforcement / Security / Fire 225,300 NIO
Fire Prevention Engineer Law Enforcement / Security / Fire 207,700 NIO
Fire Prevention Officer Law Enforcement / Security / Fire 169,000 NIO
Fire Protection Specialist Law Enforcement / Security / Fire 210,500 NIO
Forensic Investigator Law Enforcement / Security / Fire 221,500 NIO
Forensic Science Technician Law Enforcement / Security / Fire 222,300 NIO
Fraud and Forensic Specialist Law Enforcement / Security / Fire 258,400 NIO
Fraud Examiner Law Enforcement / Security / Fire 253,400 NIO
Grants Specialist Law Enforcement / Security / Fire 273,000 NIO
Intellectual Property Associate Law Enforcement / Security / Fire 209,700 NIO
Intelligence Research Specialist Law Enforcement / Security / Fire 367,900 NIO
Investigator Law Enforcement / Security / Fire 246,500 NIO
Jail Officer Law Enforcement / Security / Fire 99,100 NIO
Juvenile Probation Officer Law Enforcement / Security / Fire 161,600 NIO
Juvenile Supervision Officer Law Enforcement / Security / Fire 172,400 NIO
Lock-Smith Law Enforcement / Security / Fire 71,700 NIO
Parole Officer Law Enforcement / Security / Fire 119,900 NIO
Police Captain Law Enforcement / Security / Fire 273,000 NIO
Police Communications Officer Law Enforcement / Security / Fire 172,200 NIO
Police Officer Law Enforcement / Security / Fire 128,900 NIO
Police Patrol Officer Law Enforcement / Security / Fire 124,400 NIO
Prison Officer Law Enforcement / Security / Fire 97,460 NIO
Prisoner Custody Officer Law Enforcement / Security / Fire 83,300 NIO
Private Detective / Investigator Law Enforcement / Security / Fire 247,800 NIO
Security Guard Law Enforcement / Security / Fire 66,680 NIO
Security Management Specialist Law Enforcement / Security / Fire 327,300 NIO
Security Manager Law Enforcement / Security / Fire 319,600 NIO
Security Officer Law Enforcement / Security / Fire 79,000 NIO
Security Supervisor Law Enforcement / Security / Fire 180,300 NIO
Security Systems Installer Law Enforcement / Security / Fire 189,300 NIO
Security Technician Law Enforcement / Security / Fire 78,960 NIO
Surveillance Operator Law Enforcement / Security / Fire 89,340 NIO
Traffic Controller Law Enforcement / Security / Fire 137,400 NIO

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