Average Telecommunications Chief Engineer Salary in Montenegro for 2024

In this article, we will look at the average Telecommunications Chief Engineer salary for 2024 in Montenegro 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Telecommunications Chief Engineer Make in Montenegro?

A Telecommunications Chief Engineer working in Montenegro will typically earn around 34,080 EUR per year, and this can range from the lowest average salary of about 15,880 EUR to the highest average salary of 50,660 EUR.

Average Annual Salary
34,080 EUR
Average Monthly Salary
2,840 EUR

Lowest Annual Salary
15,880 EUR
Lowest Monthly Salary
1,323 EUR

Highest Annual Salary
50,660 EUR
Highest Monthly Salary
4,221 EUR

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

Telecommunications 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 Telecommunications Chief Engineer Salaries in Montenegro

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

Salary ranges

We already know that a Telecommunications Chief Engineer can earn between 15,880 EUR and 50,660 EUR on average in Montenegro. 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 Telecommunications Chief Engineer in Montenegro is 35,520 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 35,520 EUR, and 50% of the population earn more than 35,520 EUR.

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 Telecommunications Chief Engineer salary in Montenegro, 25% of the population are earning less than 22,540 EUR while 75% of the population earn more than 22,540 EUR.

75% of the population earn less than 47,760 EUR, and 25% of the population earn more than 47,760 EUR.

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.

Telecommunications Chief Engineer Salary by Experience Level in Montenegro

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 telecommunications 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 Telecommunications Chief Engineer in Montenegro that has less than two years of experience can expect to earn somewhere in the region of 16,720 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Telecommunications Chief Engineer salary would increase to 20,760 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Telecommunications Chief Engineer, the average salary would be 34,160 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 38,780 EUR.
  • 15 - 20 Years Experience. A Telecommunications Chief Engineer with 15 to 20 years of experience can earn an average of 45,580 EUR.
  • 20+ Years Experience. For a Telecommunications Chief Engineer with more than 20 years, the expected average salary increases to 47,580 EUR.

Average Salary by Experience Chart

0-2 Years
16,720 EUR
2-5 Years +34%
20,760 EUR
5-10 Years +48%
34,160 EUR
10-15 Years +22%
38,780 EUR
15-20 Years +9%
45,580 EUR
20+ Years +8%
47,580 EUR

Telecommunications Chief Engineer Salary by Education Level in Montenegro

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 Telecommunications Chief Engineer in Montenegro 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 Telecommunications Chief Engineer in Montenegro with a bachelor's degree education can earn an average salary of 19,480 EUR.

  • Master's Degree. A Telecommunications Chief Engineer in Montenegro with a master's degree education can earn an average salary of 36,020 EUR.

Average Salary by Education Chart

Bachelor's Degree
19,480 EUR
Master's Degree +93%
36,020 EUR

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 Montenegro is around 13,400 to 40,100 EUR 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.

Telecommunications 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 Montenegro, a male telecommunications chief engineer will earn an average of 32,420 EUR, while a female telecommunications chief engineer will earn around 29,160 EUR.

This means that a male telecommunications chief engineer earns approximately 11% more than a female telecommunications chief engineer for performing the same job.

Average Salary by Gender Chart in Montenegro

Male
32,420 EUR
Female -11%
29,160 EUR

Telecommunications Chief Engineer Average Pay Raise in Montenegro

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 Telecommunications Chief Engineer in Montenegro is around 8% every 29 months.

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

Annual Pay Raise by Industry in Montenegro for 2024

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

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

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

Telecommunications Chief Engineer Bonus and Incentive Rates in Montenegro

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 Telecommunications 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 Montenegro earn approximately 32% more than private sector employees in the same role.

Public Sector
35,340 EUR
Private Sector -32%
26,860 EUR

Salaries for Jobs Similar to a Telecommunications Chief Engineer

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

Job Title Category Salary
Access Operation Team Leader Telecommunication 32,900 EUR
Audio Visual Installer Telecommunication 14,820 EUR
Broadband Technician Telecommunication 18,260 EUR
Chief Technology Officer Telecommunication 45,000 EUR
Customer Implementation Support Telecommunication 14,820 EUR
Fiber Optic Technician Telecommunication 15,920 EUR
Mobile Data Coordinator Telecommunication 15,380 EUR
OSP Site Supervisor Telecommunication 20,940 EUR
Retention Executive Telecommunication 43,520 EUR
RF Engineer Telecommunication 28,180 EUR
Sales Director Telecommunication 52,380 EUR
Sales Engineer Telecommunication 34,160 EUR
Technical Support Engineer Telecommunication 28,180 EUR
Telecom Chief Engineer Telecommunication 29,160 EUR
Telecom Specialist Telecommunication 34,960 EUR
Telecommunication Consultant Telecommunication 39,640 EUR
Telecommunication Dispatcher Telecommunication 14,200 EUR
Telecommunication Equipment Engineer Telecommunication 22,340 EUR
Telecommunication Logistics Supervisor Telecommunication 21,300 EUR
Telecommunication Product Manager Telecommunication 34,980 EUR
Telecommunication Project Coordinator Telecommunication 16,980 EUR
Telecommunication Project Manager Telecommunication 35,300 EUR
Telecommunication Service Delivery Manager Telecommunication 40,420 EUR
Telecommunication Service Management Coordinator Telecommunication 34,080 EUR
Telecommunication Solution Architect Telecommunication 35,260 EUR
Telecommunication Surveyor Telecommunication 15,580 EUR
Telecommunication Team Leader Telecommunication 31,660 EUR
Telecommunication Technical Manager Telecommunication 34,540 EUR
Telecommunication Technician Telecommunication 15,880 EUR
Telecommunications Analyst Telecommunication 36,020 EUR
Telecommunications Assistant Manager Telecommunication 38,060 EUR
Telecommunications Engineer Telecommunication 27,480 EUR
Telecommunications Engineering Specialist Telecommunication 27,480 EUR
Telecommunications Equipment Installer Telecommunication 15,580 EUR
Telecommunications Facility Examiner Telecommunication 17,860 EUR
Telecommunications Line Installer Telecommunication 14,660 EUR
Telecommunications Manager Telecommunication 54,460 EUR
Telecommunications Network Engineer Telecommunication 28,860 EUR
Telecommunications Technician Telecommunication 12,000 EUR

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