Average Telecommunication Product Manager Salary in Peru for 2024

In this article, we will look at the average Telecommunication Product Manager salary for 2024 in Peru 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 Peruvian sol. To keep things simple, we are using the PEN currency code instead of the currency symbol S/ .

How Much Does a Telecommunication Product Manager Make in Peru?

A Telecommunication Product Manager working in Peru will typically earn around 89,980 PEN per year, and this can range from the lowest average salary of about 46,040 PEN to the highest average salary of 138,800 PEN.

Average Annual Salary
89,980 PEN
Average Monthly Salary
7,498 PEN

Lowest Annual Salary
46,040 PEN
Lowest Monthly Salary
3,836 PEN

Highest Annual Salary
138,800 PEN
Highest Monthly Salary
11,566 PEN

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

Telecommunication Product Manager 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 Telecommunication Product Manager Salaries in Peru

So we've looked at the average salaries a Telecommunication Product Manager will earn in Peru. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Telecommunication Product Manager can earn between 46,040 PEN and 138,800 PEN on average in Peru. 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 Telecommunication Product Manager in Peru is 87,060 PEN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 87,060 PEN, and 50% of the population earn more than 87,060 PEN.

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 Telecommunication Product Manager salary in Peru, 25% of the population are earning less than 60,880 PEN while 75% of the population earn more than 60,880 PEN.

75% of the population earn less than 111,460 PEN, and 25% of the population earn more than 111,460 PEN.

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.

Telecommunication Product Manager Salary by Experience Level in Peru

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 telecommunication product manager 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 Telecommunication Product Manager in Peru that has less than two years of experience can expect to earn somewhere in the region of 55,220 PEN.
  • 2 - 5 Years Experience. With two to five years of experience the average Telecommunication Product Manager salary would increase to 72,700 PEN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Telecommunication Product Manager, the average salary would be 96,340 PEN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 113,840 PEN.
  • 15 - 20 Years Experience. A Telecommunication Product Manager with 15 to 20 years of experience can earn an average of 124,400 PEN.
  • 20+ Years Experience. For a Telecommunication Product Manager with more than 20 years, the expected average salary increases to 128,900 PEN.

Average Salary by Experience Chart

0-2 Years
55,220 PEN
2-5 Years +34%
72,700 PEN
5-10 Years +30%
96,340 PEN
10-15 Years +21%
113,840 PEN
15-20 Years +9%
124,400 PEN
20+ Years +5%
128,900 PEN

Telecommunication Product Manager Salary by Education Level in Peru

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 Telecommunication Product Manager in Peru 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 Telecommunication Product Manager in Peru with a bachelor's degree education can earn an average salary of 77,620 PEN.

  • Master's Degree. A Telecommunication Product Manager in Peru with a master's degree education can earn an average salary of 106,160 PEN.

Average Salary by Education Chart

Bachelor's Degree
77,620 PEN
Master's Degree +39%
106,160 PEN

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 Peru is around 37,700 to 113,000 PEN 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.

Telecommunication Product Manager 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 Peru, a male telecommunication product manager will earn an average of 96,960 PEN, while a female telecommunication product manager will earn around 89,280 PEN.

This means that a male telecommunication product manager earns approximately 9% more than a female telecommunication product manager for performing the same job.

Average Salary by Gender Chart in Peru

Male
96,960 PEN
Female -9%
89,280 PEN

Telecommunication Product Manager Average Pay Raise in Peru

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 Telecommunication Product Manager in Peru is around 12% every 18 months.

The national average pay raise across all professions and industries in Peru is around 9% every 17 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 = ( 12 ÷ 18 ) × 12  = 8%

What this means is that a Telecommunication Product Manager in Peru can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Peru for 2024

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

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%

Telecommunication Product Manager Bonus and Incentive Rates in Peru

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 Telecommunication Product Manager is a high bonus based job, with 76% of employees reporting at least one bonus in the last 12 months.

24% 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
76%
No Bonus
24%

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 Peru earn approximately 10% more than private sector employees in the same role.

Public Sector
93,880 PEN
Private Sector -10%
85,700 PEN

Salaries for Jobs Similar to a Telecommunication Product Manager

In the table below, we have salary information for jobs that are similar to a Telecommunication Product Manager in Peru.

Job Title Category Salary
Access Operation Team Leader Telecommunication 88,600 PEN
Audio Visual Installer Telecommunication 41,660 PEN
Broadband Technician Telecommunication 43,340 PEN
Chief Technology Officer Telecommunication 134,600 PEN
Customer Implementation Support Telecommunication 41,480 PEN
Fiber Optic Technician Telecommunication 46,980 PEN
Mobile Data Coordinator Telecommunication 43,800 PEN
OSP Site Supervisor Telecommunication 53,160 PEN
Retention Executive Telecommunication 119,020 PEN
RF Engineer Telecommunication 78,160 PEN
Sales Director Telecommunication 136,200 PEN
Sales Engineer Telecommunication 88,020 PEN
Technical Support Engineer Telecommunication 75,500 PEN
Telecom Chief Engineer Telecommunication 92,300 PEN
Telecom Specialist Telecommunication 95,600 PEN
Telecommunication Consultant Telecommunication 101,920 PEN
Telecommunication Dispatcher Telecommunication 39,560 PEN
Telecommunication Equipment Engineer Telecommunication 69,240 PEN
Telecommunication Logistics Supervisor Telecommunication 58,520 PEN
Telecommunication Project Coordinator Telecommunication 53,380 PEN
Telecommunication Project Manager Telecommunication 97,300 PEN
Telecommunication Service Delivery Manager Telecommunication 110,340 PEN
Telecommunication Service Management Coordinator Telecommunication 93,340 PEN
Telecommunication Solution Architect Telecommunication 103,840 PEN
Telecommunication Surveyor Telecommunication 42,040 PEN
Telecommunication Team Leader Telecommunication 83,140 PEN
Telecommunication Technical Manager Telecommunication 98,000 PEN
Telecommunication Technician Telecommunication 42,040 PEN
Telecommunications Analyst Telecommunication 98,820 PEN
Telecommunications Assistant Manager Telecommunication 103,580 PEN
Telecommunications Chief Engineer Telecommunication 87,060 PEN
Telecommunications Engineer Telecommunication 80,340 PEN
Telecommunications Engineering Specialist Telecommunication 85,880 PEN
Telecommunications Equipment Installer Telecommunication 42,400 PEN
Telecommunications Facility Examiner Telecommunication 48,560 PEN
Telecommunications Line Installer Telecommunication 41,560 PEN
Telecommunications Manager Telecommunication 152,100 PEN
Telecommunications Network Engineer Telecommunication 84,780 PEN
Telecommunications Technician Telecommunication 39,640 PEN

Salary Comparison by City

If you want to compare salaries with different cities in Peru, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Arequipa 97,260 PEN
Chiclayo 98,140 PEN
Cusco 89,980 PEN
Huancayo 88,020 PEN
Iquitos 82,160 PEN
Lima 104,440 PEN
Trujillo 92,500 PEN

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