Average Telecom Chief Engineer Salary in Honduras for 2024

In this article, we will look at the average Telecom Chief Engineer salary for 2024 in Honduras 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 Honduran lempira. To keep things simple, we are using the HNL currency code instead of the currency symbol L.

How Much Does a Telecom Chief Engineer Make in Honduras?

A Telecom Chief Engineer working in Honduras will typically earn around 318,800 HNL per year, and this can range from the lowest average salary of about 148,300 HNL to the highest average salary of 504,300 HNL.

Average Annual Salary
318,800 HNL
Average Monthly Salary
26,566 HNL

Lowest Annual Salary
148,300 HNL
Lowest Monthly Salary
12,358 HNL

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

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

Telecom Chief 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 Telecom Chief Engineer Salaries in Honduras

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

Salary ranges

We already know that a Telecom Chief Engineer can earn between 148,300 HNL and 504,300 HNL on average in Honduras. 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 Telecom Chief Engineer in Honduras is 341,900 HNL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 341,900 HNL, and 50% of the population earn more than 341,900 HNL.

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 Telecom Chief Engineer salary in Honduras, 25% of the population are earning less than 218,900 HNL while 75% of the population earn more than 218,900 HNL.

75% of the population earn less than 459,700 HNL, and 25% of the population earn more than 459,700 HNL.

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.

Telecom Chief Engineer Salary by Experience Level in Honduras

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 telecom chief 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 Telecom Chief Engineer in Honduras that has less than two years of experience can expect to earn somewhere in the region of 164,200 HNL.
  • 2 - 5 Years Experience. With two to five years of experience the average Telecom Chief Engineer salary would increase to 222,300 HNL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Telecom Chief Engineer, the average salary would be 327,800 HNL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 397,900 HNL.
  • 15 - 20 Years Experience. A Telecom Chief Engineer with 15 to 20 years of experience can earn an average of 433,800 HNL.
  • 20+ Years Experience. For a Telecom Chief Engineer with more than 20 years, the expected average salary increases to 472,100 HNL.

Average Salary by Experience Chart

0-2 Years
164,200 HNL
2-5 Years +34%
222,300 HNL
5-10 Years +48%
327,800 HNL
10-15 Years +22%
397,900 HNL
15-20 Years +9%
433,800 HNL
20+ Years +8%
472,100 HNL

Telecom Chief Engineer Salary by Education Level in Honduras

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 Telecom Chief Engineer in Honduras 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 Telecom Chief Engineer in Honduras with a bachelor's degree education can earn an average salary of 191,600 HNL.

  • Master's Degree. A Telecom Chief Engineer in Honduras with a master's degree education can earn an average salary of 372,600 HNL.

Average Salary by Education Chart

Bachelor's Degree
191,600 HNL
Master's Degree +93%
372,600 HNL

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 Honduras is around 141,000 to 422,000 HNL 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.

Telecom Chief 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 Honduras, a male telecom chief engineer will earn an average of 340,400 HNL, while a female telecom chief engineer will earn around 296,000 HNL.

This means that a male telecom chief engineer earns approximately 15% more than a female telecom chief engineer for performing the same job.

Average Salary by Gender Chart in Honduras

Male
340,400 HNL
Female -15%
296,000 HNL

Telecom Chief Engineer Average Pay Raise in Honduras

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 Telecom Chief Engineer in Honduras is around 8% every 29 months.

The national average pay raise across all professions and industries in Honduras 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 Telecom Chief Engineer in Honduras can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Honduras for 2024

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

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Telecom Chief Engineer Bonus and Incentive Rates in Honduras

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 Telecom Chief Engineer is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus
41%
No Bonus
59%

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 Honduras earn approximately 13% more than private sector employees in the same role.

Public Sector
353,600 HNL
Private Sector -13%
312,400 HNL

Salaries for Jobs Similar to a Telecom Chief Engineer

In the table below, we have salary information for jobs that are similar to a Telecom Chief Engineer in Honduras.

Job Title Category Salary
Access Operation Team Leader Telecommunication 352,000 HNL
Audio Visual Installer Telecommunication 152,300 HNL
Broadband Technician Telecommunication 154,700 HNL
Chief Technology Officer Telecommunication 459,300 HNL
Customer Implementation Support Telecommunication 157,600 HNL
Fiber Optic Technician Telecommunication 163,800 HNL
Mobile Data Coordinator Telecommunication 164,200 HNL
OSP Site Supervisor Telecommunication 208,600 HNL
Retention Executive Telecommunication 425,100 HNL
RF Engineer Telecommunication 283,400 HNL
Sales Director Telecommunication 510,200 HNL
Sales Engineer Telecommunication 314,500 HNL
Technical Support Engineer Telecommunication 272,800 HNL
Telecom Specialist Telecommunication 327,800 HNL
Telecommunication Consultant Telecommunication 385,300 HNL
Telecommunication Dispatcher Telecommunication 148,300 HNL
Telecommunication Equipment Engineer Telecommunication 233,600 HNL
Telecommunication Logistics Supervisor Telecommunication 222,300 HNL
Telecommunication Product Manager Telecommunication 330,900 HNL
Telecommunication Project Coordinator Telecommunication 183,700 HNL
Telecommunication Project Manager Telecommunication 341,400 HNL
Telecommunication Service Delivery Manager Telecommunication 399,900 HNL
Telecommunication Service Management Coordinator Telecommunication 318,800 HNL
Telecommunication Solution Architect Telecommunication 389,200 HNL
Telecommunication Surveyor Telecommunication 152,000 HNL
Telecommunication Team Leader Telecommunication 301,800 HNL
Telecommunication Technical Manager Telecommunication 339,100 HNL
Telecommunication Technician Telecommunication 146,200 HNL
Telecommunications Analyst Telecommunication 344,600 HNL
Telecommunications Assistant Manager Telecommunication 384,500 HNL
Telecommunications Chief Engineer Telecommunication 315,900 HNL
Telecommunications Engineer Telecommunication 288,700 HNL
Telecommunications Engineering Specialist Telecommunication 292,000 HNL
Telecommunications Equipment Installer Telecommunication 148,300 HNL
Telecommunications Facility Examiner Telecommunication 175,900 HNL
Telecommunications Line Installer Telecommunication 157,600 HNL
Telecommunications Manager Telecommunication 507,300 HNL
Telecommunications Network Engineer Telecommunication 308,900 HNL
Telecommunications Technician Telecommunication 139,100 HNL

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