Average Top Research and Development Executive Salary in Nicaragua for 2026
In this article, we will look at the average Top Research and Development Executive salary for 2026 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 Top Research and Development Executive Make in Nicaragua?
A Top Research and Development Executive working in Nicaragua will typically earn around 412,000 NIO per year, and this can range from the lowest average salary of about 190,500 NIO to the highest average salary of 653,200 NIO.
These are average salaries for a Top Research and Development Executive in Nicaragua and include benefits such as housing and transport. It's also possible for a Top Research and Development Executive to earn more or less than the average salaries shown above.
Top Research and Development Executive 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 Top Research and Development Executive Salaries in Nicaragua
So we've looked at the average salaries a Top Research and Development Executive will earn in Nicaragua. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Top Research and Development Executive can earn between 190,500 NIO and 653,200 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 Top Research and Development Executive in Nicaragua is 444,300 NIO. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 444,300 NIO, and 50% of the population earn more than 444,300 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 Top Research and Development Executive salary in Nicaragua, 25% of the population are earning less than 283,700 NIO while 75% of the population earn more than 283,700 NIO.
75% of the population earn less than 592,600 NIO, and 25% of the population earn more than 592,600 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.
Top Research and Development Executive 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 Top Research and Development Executive 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 Top Research and Development Executive in Nicaragua that has less than two years of experience can expect to earn somewhere in the region of 214,000 NIO.
- 2 - 5 Years Experience. With two to five years of experience the average Top Research and Development Executive salary would increase to 288,100 NIO.
- 5 - 10 Years Experience. From five to ten years of experience as a Top Research and Development Executive, the average salary would be 424,900 NIO.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 518,300 NIO.
- 15 - 20 Years Experience. A Top Research and Development Executive with 15 to 20 years of experience can earn an average of 562,600 NIO.
- 20+ Years Experience. For a Top Research and Development Executive with more than 20 years, the expected average salary increases to 612,500 NIO.
Average Salary by Experience Chart
| 0-2 Years | - | 214,000 NIO |
| 2-5 Years | +34% | 288,100 NIO |
| 5-10 Years | +48% | 424,900 NIO |
| 10-15 Years | +22% | 518,300 NIO |
| 15-20 Years | +9% | 562,600 NIO |
| 20+ Years | +8% | 612,500 NIO |
Top Research and Development Executive 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 Top Research and Development Executive 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 Top Research and Development Executive in Nicaragua with a bachelor's degree education can earn an average salary of 245,300 NIO.
- Master's Degree. A Top Research and Development Executive in Nicaragua with a master's degree education can earn an average salary of 384,500 NIO.
- PhD. A Top Research and Development Executive in Nicaragua with a phd education can earn an average salary of 645,800 NIO.
Average Salary by Education Chart
| Bachelor's Degree | - | 245,300 NIO |
| Master's Degree | +57% | 384,500 NIO |
| PhD | +68% | 645,800 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.
Top Research and Development Executive 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 top research and development executive will earn an average of 437,900 NIO, while a female top research and development executive will earn around 382,600 NIO.
This means that a male top research and development executive earns approximately 14% more than a female top research and development executive for performing the same job.
Average Salary by Gender Chart in Nicaragua
| Male | - | 437,900 NIO |
| Female | -14% | 382,600 NIO |
Top Research and Development Executive 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 Top Research and Development Executive in Nicaragua is around 11% every 28 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 = ( 11 ÷ 28 ) × 12 = 5%
What this means is that a Top Research and Development Executive in Nicaragua can expect to receive an average pay raise of around 5% every 12 months.
Annual Pay Raise by Industry in Nicaragua for 2026
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% |
Top Research and Development Executive 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 Top Research and Development Executive is a moderate bonus based job, with 68% of employees reporting at least one bonus in the last 12 months.
32% 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 5% to 9%.
| Received Bonus | - | 68% |
| No Bonus | - | 32% |
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 Top Research and Development Executive
In the table below, we have salary information for jobs that are similar to a Top Research and Development Executive in Nicaragua.
| Job Title | Category | Salary |
|---|---|---|
| Assistant Business Development Manager | Business Planning | 283,700 NIO |
| Assistant Merchandise Planner | Business Planning | 172,200 NIO |
| Business Advisor | Business Planning | 288,700 NIO |
| Business Analyst | Business Planning | 273,000 NIO |
| Business Consultant | Business Planning | 282,300 NIO |
| Business Continuity Associate | Business Planning | 161,600 NIO |
| Business Developer | Business Planning | 185,100 NIO |
| Business Development Analyst | Business Planning | 204,700 NIO |
| Business Development Associate | Business Planning | 138,200 NIO |
| Business Development Coordinator | Business Planning | 159,400 NIO |
| Business Development Director | Business Planning | 377,200 NIO |
| Business Development Engineer | Business Planning | 222,300 NIO |
| Business Development Executive | Business Planning | 277,400 NIO |
| Business Development Manager | Business Planning | 352,000 NIO |
| Business Development Specialist | Business Planning | 267,100 NIO |
| Business Manager | Business Planning | 320,500 NIO |
| Business Operations Specialist | Business Planning | 249,600 NIO |
| Business Process Writer | Business Planning | 163,800 NIO |
| Business Systems Analyst | Business Planning | 282,500 NIO |
| Capacity Planner | Business Planning | 187,500 NIO |
| Capacity Planning Supervisor | Business Planning | 263,100 NIO |
| Change Communications Analyst | Business Planning | 257,700 NIO |
| Change Control Analyst | Business Planning | 253,400 NIO |
| Change Impact Analyst | Business Planning | 271,300 NIO |
| Contracts Executive | Business Planning | 268,900 NIO |
| Corporate Strategy Analyst | Business Planning | 281,500 NIO |
| Cost Control Engineer | Business Planning | 174,000 NIO |
| Cost Controller | Business Planning | 209,700 NIO |
| Cost Estimator | Business Planning | 176,800 NIO |
| Data Executive | Business Planning | 142,300 NIO |
| Data Manager | Business Planning | 207,700 NIO |
| Data Processing Manager | Business Planning | 249,600 NIO |
| Development Researcher | Business Planning | 215,100 NIO |
| Director of Business Development | Business Planning | 377,200 NIO |
| Director of Production Planning | Business Planning | 322,600 NIO |
| Due Diligence Analyst | Business Planning | 294,300 NIO |
| Estimating Manager | Business Planning | 290,800 NIO |
| General Manager | Business Planning | 327,800 NIO |
| Incident Handler | Business Planning | 197,600 NIO |
| Incident Specialist | Business Planning | 233,900 NIO |
| Lean Consultant | Business Planning | 205,700 NIO |
| Manager | Business Planning | 372,600 NIO |
| Marketing and Business Development Manager | Business Planning | 325,900 NIO |
| Materials Planner | Business Planning | 125,100 NIO |
| Merchandise Assistant | Business Planning | 115,400 NIO |
| Merchandise Controller | Business Planning | 125,100 NIO |
| Merchandise Planner | Business Planning | 117,520 NIO |
| Operations Analyst | Business Planning | 254,700 NIO |
| Operations Manager | Business Planning | 288,100 NIO |
| Operations Research Analyst | Business Planning | 163,800 NIO |
| Planning Director | Business Planning | 372,600 NIO |
| Planning and Reporting Manager | Business Planning | 288,100 NIO |
| Project Administrator | Business Planning | 172,200 NIO |
| Project Manager | Business Planning | 282,300 NIO |
| Project Planner | Business Planning | 183,600 NIO |
| Research Assistant | Business Planning | 152,100 NIO |
| Research Engineer | Business Planning | 169,000 NIO |
| Research Officer | Business Planning | 130,400 NIO |
| Risk Management Specialist | Business Planning | 259,100 NIO |
| Scholarship Coordinator | Business Planning | 143,200 NIO |
| Store Planner | Business Planning | 136,200 NIO |
| Strategy Director | Business Planning | 361,500 NIO |
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