Average Telecommunications Chief Engineer Salary in Suriname for 2024

In this article, we will look at the average Telecommunications Chief Engineer salary for 2024 in Suriname 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 Surinamese dollar. To keep things simple, we are using the SRD currency code instead of the currency symbol $.

How Much Does a Telecommunications Chief Engineer Make in Suriname?

A Telecommunications Chief Engineer working in Suriname will typically earn around 66,100 SRD per year, and this can range from the lowest average salary of about 34,280 SRD to the highest average salary of 102,460 SRD.

Average Annual Salary
66,100 SRD
Average Monthly Salary
5,508 SRD

Lowest Annual Salary
34,280 SRD
Lowest Monthly Salary
2,856 SRD

Highest Annual Salary
102,460 SRD
Highest Monthly Salary
8,538 SRD

These are average salaries for a Telecommunications Chief Engineer in Suriname 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 Suriname

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

Salary ranges

We already know that a Telecommunications Chief Engineer can earn between 34,280 SRD and 102,460 SRD on average in Suriname. 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 Suriname is 61,620 SRD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 61,620 SRD, and 50% of the population earn more than 61,620 SRD.

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 Suriname, 25% of the population are earning less than 43,340 SRD while 75% of the population earn more than 43,340 SRD.

75% of the population earn less than 78,420 SRD, and 25% of the population earn more than 78,420 SRD.

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 Suriname

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 Suriname that has less than two years of experience can expect to earn somewhere in the region of 41,660 SRD.
  • 2 - 5 Years Experience. With two to five years of experience the average Telecommunications Chief Engineer salary would increase to 48,300 SRD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Telecommunications Chief Engineer, the average salary would be 69,260 SRD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 80,640 SRD.
  • 15 - 20 Years Experience. A Telecommunications Chief Engineer with 15 to 20 years of experience can earn an average of 92,300 SRD.
  • 20+ Years Experience. For a Telecommunications Chief Engineer with more than 20 years, the expected average salary increases to 94,380 SRD.

Average Salary by Experience Chart

0-2 Years
41,660 SRD
2-5 Years +23%
48,300 SRD
5-10 Years +42%
69,260 SRD
10-15 Years +17%
80,640 SRD
15-20 Years +10%
92,300 SRD
20+ Years +6%
94,380 SRD

Telecommunications Chief Engineer Salary by Education Level in Suriname

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 Suriname 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 Suriname with a bachelor's degree education can earn an average salary of 47,540 SRD.

  • Master's Degree. A Telecommunications Chief Engineer in Suriname with a master's degree education can earn an average salary of 89,280 SRD.

Average Salary by Education Chart

Bachelor's Degree
47,540 SRD
Master's Degree +93%
89,280 SRD

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 Suriname is around 25,700 to 77,100 SRD 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 Suriname, a male telecommunications chief engineer will earn an average of 69,580 SRD, while a female telecommunications chief engineer will earn around 64,040 SRD.

This means that a male telecommunications chief engineer earns approximately 9% more than a female telecommunications chief engineer for performing the same job.

Average Salary by Gender Chart in Suriname

Male
69,580 SRD
Female -9%
64,040 SRD

Telecommunications Chief Engineer Average Pay Raise in Suriname

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 Suriname is around 8% every 29 months.

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

Annual Pay Raise by Industry in Suriname for 2024

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

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%

Telecommunications Chief Engineer Bonus and Incentive Rates in Suriname

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 34% of employees reporting at least one bonus in the last 12 months.

66% 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 3% to 5%.

Received Bonus
34%
No Bonus
66%

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 Suriname earn approximately 20% more than private sector employees in the same role.

Public Sector
67,900 SRD
Private Sector -20%
56,460 SRD

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 Suriname.

Job Title Category Salary
Access Operation Team Leader Telecommunication 69,180 SRD
Audio Visual Installer Telecommunication 31,960 SRD
Broadband Technician Telecommunication 31,660 SRD
Chief Technology Officer Telecommunication 97,900 SRD
Customer Implementation Support Telecommunication 34,080 SRD
Fiber Optic Technician Telecommunication 32,960 SRD
Mobile Data Coordinator Telecommunication 35,300 SRD
OSP Site Supervisor Telecommunication 41,180 SRD
Retention Executive Telecommunication 78,260 SRD
RF Engineer Telecommunication 55,320 SRD
Sales Director Telecommunication 102,460 SRD
Sales Engineer Telecommunication 60,920 SRD
Technical Support Engineer Telecommunication 54,140 SRD
Telecom Chief Engineer Telecommunication 64,620 SRD
Telecom Specialist Telecommunication 71,700 SRD
Telecommunication Consultant Telecommunication 80,580 SRD
Telecommunication Dispatcher Telecommunication 28,900 SRD
Telecommunication Equipment Engineer Telecommunication 48,920 SRD
Telecommunication Logistics Supervisor Telecommunication 44,300 SRD
Telecommunication Product Manager Telecommunication 64,920 SRD
Telecommunication Project Coordinator Telecommunication 38,340 SRD
Telecommunication Project Manager Telecommunication 70,600 SRD
Telecommunication Service Delivery Manager Telecommunication 80,520 SRD
Telecommunication Service Management Coordinator Telecommunication 63,380 SRD
Telecommunication Solution Architect Telecommunication 78,400 SRD
Telecommunication Surveyor Telecommunication 33,120 SRD
Telecommunication Team Leader Telecommunication 58,000 SRD
Telecommunication Technical Manager Telecommunication 71,280 SRD
Telecommunication Technician Telecommunication 27,480 SRD
Telecommunications Analyst Telecommunication 72,700 SRD
Telecommunications Assistant Manager Telecommunication 79,280 SRD
Telecommunications Engineer Telecommunication 62,060 SRD
Telecommunications Engineering Specialist Telecommunication 63,320 SRD
Telecommunications Equipment Installer Telecommunication 33,440 SRD
Telecommunications Facility Examiner Telecommunication 34,120 SRD
Telecommunications Line Installer Telecommunication 29,840 SRD
Telecommunications Manager Telecommunication 107,860 SRD
Telecommunications Network Engineer Telecommunication 66,580 SRD
Telecommunications Technician Telecommunication 29,840 SRD

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