Average Telecom Chief Engineer Salary in Nicaragua for 2024

In this article, we will look at the average Telecom Chief Engineer 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 Telecom Chief Engineer Make in Nicaragua?

A Telecom Chief Engineer working in Nicaragua will typically earn around 232,900 NIO per year, and this can range from the lowest average salary of about 106,760 NIO to the highest average salary of 367,200 NIO.

Average Annual Salary
232,900 NIO
Average Monthly Salary
19,408 NIO

Lowest Annual Salary
106,760 NIO
Lowest Monthly Salary
8,896 NIO

Highest Annual Salary
367,200 NIO
Highest Monthly Salary
30,600 NIO

These are average salaries for a Telecom Chief Engineer in Nicaragua 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 Nicaragua

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

Salary ranges

We already know that a Telecom Chief Engineer can earn between 106,760 NIO and 367,200 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 Telecom Chief Engineer in Nicaragua is 251,500 NIO. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 251,500 NIO, and 50% of the population earn more than 251,500 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 Telecom Chief Engineer salary in Nicaragua, 25% of the population are earning less than 159,500 NIO while 75% of the population earn more than 159,500 NIO.

75% of the population earn less than 332,100 NIO, and 25% of the population earn more than 332,100 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.

Telecom Chief Engineer 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 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 Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 119,900 NIO.
  • 2 - 5 Years Experience. With two to five years of experience the average Telecom Chief Engineer salary would increase to 161,300 NIO.
  • 5 - 10 Years Experience. From five to ten years of experience as a Telecom Chief Engineer, the average salary would be 238,900 NIO.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 292,000 NIO.
  • 15 - 20 Years Experience. A Telecom Chief Engineer with 15 to 20 years of experience can earn an average of 315,900 NIO.
  • 20+ Years Experience. For a Telecom Chief Engineer with more than 20 years, the expected average salary increases to 341,900 NIO.

Average Salary by Experience Chart

0-2 Years
119,900 NIO
2-5 Years +34%
161,300 NIO
5-10 Years +48%
238,900 NIO
10-15 Years +22%
292,000 NIO
15-20 Years +9%
315,900 NIO
20+ Years +8%
341,900 NIO

Telecom Chief Engineer 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 Telecom Chief Engineer 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 Telecom Chief Engineer in Nicaragua with a bachelor's degree education can earn an average salary of 138,800 NIO.

  • Master's Degree. A Telecom Chief Engineer in Nicaragua with a master's degree education can earn an average salary of 272,800 NIO.

Average Salary by Education Chart

Bachelor's Degree
138,800 NIO
Master's Degree +93%
272,800 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.

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 Nicaragua, a male telecom chief engineer will earn an average of 246,500 NIO, while a female telecom chief engineer will earn around 215,100 NIO.

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 Nicaragua

Male
246,500 NIO
Female -15%
215,100 NIO

Telecom Chief Engineer 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 Telecom Chief Engineer in Nicaragua is around 8% every 29 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 ÷ 29 ) × 12  = 3%

What this means is that a Telecom Chief Engineer 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%

Telecom Chief Engineer 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 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 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 Telecom Chief Engineer

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

Job Title Category Salary
Access Operation Team Leader Telecommunication 245,300 NIO
Audio Visual Installer Telecommunication 105,620 NIO
Broadband Technician Telecommunication 106,500 NIO
Chief Technology Officer Telecommunication 348,300 NIO
Customer Implementation Support Telecommunication 118,060 NIO
Fiber Optic Technician Telecommunication 113,280 NIO
Mobile Data Coordinator Telecommunication 127,700 NIO
OSP Site Supervisor Telecommunication 139,100 NIO
Retention Executive Telecommunication 281,500 NIO
RF Engineer Telecommunication 204,000 NIO
Sales Director Telecommunication 335,800 NIO
Sales Engineer Telecommunication 214,000 NIO
Technical Support Engineer Telecommunication 197,600 NIO
Telecom Specialist Telecommunication 233,600 NIO
Telecommunication Consultant Telecommunication 265,000 NIO
Telecommunication Dispatcher Telecommunication 98,960 NIO
Telecommunication Equipment Engineer Telecommunication 172,200 NIO
Telecommunication Logistics Supervisor Telecommunication 150,000 NIO
Telecommunication Product Manager Telecommunication 239,300 NIO
Telecommunication Project Coordinator Telecommunication 138,200 NIO
Telecommunication Project Manager Telecommunication 239,000 NIO
Telecommunication Service Delivery Manager Telecommunication 283,700 NIO
Telecommunication Service Management Coordinator Telecommunication 228,500 NIO
Telecommunication Solution Architect Telecommunication 275,500 NIO
Telecommunication Surveyor Telecommunication 105,440 NIO
Telecommunication Team Leader Telecommunication 217,900 NIO
Telecommunication Technical Manager Telecommunication 254,800 NIO
Telecommunication Technician Telecommunication 96,520 NIO
Telecommunications Analyst Telecommunication 239,300 NIO
Telecommunications Assistant Manager Telecommunication 259,100 NIO
Telecommunications Chief Engineer Telecommunication 222,300 NIO
Telecommunications Engineer Telecommunication 215,100 NIO
Telecommunications Engineering Specialist Telecommunication 218,900 NIO
Telecommunications Equipment Installer Telecommunication 107,820 NIO
Telecommunications Facility Examiner Telecommunication 124,400 NIO
Telecommunications Line Installer Telecommunication 102,960 NIO
Telecommunications Manager Telecommunication 361,500 NIO
Telecommunications Network Engineer Telecommunication 227,600 NIO
Telecommunications Technician Telecommunication 104,440 NIO

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