Average Watch Repairer Salary in Vietnam for 2024

In this article, we will look at the average Watch Repairer salary for 2024 in Vietnam 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 Vietnamese đồng. To keep things simple, we are using the VND currency code instead of the currency symbol ₫.

How Much Does a Watch Repairer Make in Vietnam?

A Watch Repairer working in Vietnam will typically earn around 72,718,100 VND per year, and this can range from the lowest average salary of about 36,358,600 VND to the highest average salary of 112,679,000 VND.

Average Annual Salary
72,718,100 VND
Average Monthly Salary
6,059,841 VND

Lowest Annual Salary
36,358,600 VND
Lowest Monthly Salary
3,029,883 VND

Highest Annual Salary
112,679,000 VND
Highest Monthly Salary
9,389,916 VND

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

Watch Repairer 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 Watch Repairer Salaries in Vietnam

So we've looked at the average salaries a Watch Repairer will earn in Vietnam. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Watch Repairer can earn between 36,358,600 VND and 112,679,000 VND on average in Vietnam. 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 Watch Repairer in Vietnam is 72,718,100 VND. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 72,718,100 VND, and 50% of the population earn more than 72,718,100 VND.

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 Watch Repairer salary in Vietnam, 25% of the population are earning less than 49,079,800 VND while 75% of the population earn more than 49,079,800 VND.

75% of the population earn less than 92,758,800 VND, and 25% of the population earn more than 92,758,800 VND.

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.

Watch Repairer Salary by Experience Level in Vietnam

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 watch repairer 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 Watch Repairer in Vietnam that has less than two years of experience can expect to earn somewhere in the region of 43,559,400 VND.
  • 2 - 5 Years Experience. With two to five years of experience the average Watch Repairer salary would increase to 57,719,800 VND.
  • 5 - 10 Years Experience. From five to ten years of experience as a Watch Repairer, the average salary would be 77,159,200 VND.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 92,158,600 VND.
  • 15 - 20 Years Experience. A Watch Repairer with 15 to 20 years of experience can earn an average of 99,358,600 VND.
  • 20+ Years Experience. For a Watch Repairer with more than 20 years, the expected average salary increases to 106,561,500 VND.

Average Salary by Experience Chart

0-2 Years
43,559,400 VND
2-5 Years +32%
57,719,800 VND
5-10 Years +34%
77,159,200 VND
10-15 Years +19%
92,158,600 VND
15-20 Years +8%
99,358,600 VND
20+ Years +7%
106,561,500 VND

Watch Repairer Salary by Education Level in Vietnam

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 Watch Repairer in Vietnam based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Watch Repairer in Vietnam with a high school education can earn an average salary of 57,719,800 VND.

  • Certificate or Diploma. A Watch Repairer in Vietnam with a certificate or diploma education can earn an average salary of 80,640,500 VND.

  • Bachelor's Degree. A Watch Repairer in Vietnam with a bachelor's degree education can earn an average salary of 100,561,900 VND.

Average Salary by Education Chart

High School
57,719,800 VND
Certificate or Diploma +40%
80,640,500 VND
Bachelor's Degree +25%
100,561,900 VND

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 Vietnam is around 86,100,000 to 258,000,000 VND 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.

Watch Repairer 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 Vietnam, a male watch repairer will earn an average of 74,639,200 VND, while a female watch repairer will earn around 70,438,600 VND.

This means that a male watch repairer earns approximately 6% more than a female watch repairer for performing the same job.

Average Salary by Gender Chart in Vietnam

Male
74,639,200 VND
Female -6%
70,438,600 VND

Watch Repairer Average Pay Raise in Vietnam

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 Watch Repairer in Vietnam is around 9% every 18 months.

The national average pay raise across all professions and industries in Vietnam 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 = ( 9 ÷ 18 ) × 12  = 6%

What this means is that a Watch Repairer in Vietnam can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Vietnam for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Watch Repairer Bonus and Incentive Rates in Vietnam

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 Watch Repairer is a low bonus based job, with 28% of employees reporting at least one bonus in the last 12 months.

72% 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 0% to 3%.

Received Bonus
28%
No Bonus
72%

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 Vietnam earn approximately 9% more than private sector employees in the same role.

Public Sector
213,601,200 VND
Private Sector -9%
196,799,500 VND

Salaries for Jobs Similar to a Watch Repairer

In the table below, we have salary information for jobs that are similar to a Watch Repairer in Vietnam.

Job Title Category Salary
Cable Installer and Locator Electrical and Electronics Trades 58,680,100 VND
Cable Technician Electrical and Electronics Trades 57,719,800 VND
Digital Design Engineer Electrical and Electronics Trades 194,398,100 VND
Electrical Designer Electrical and Electronics Trades 187,198,300 VND
Electrical Drafter Electrical and Electronics Trades 93,718,300 VND
Electrical Engineering Manager Electrical and Electronics Trades 288,001,300 VND
Electrical Maintenance Manager Electrical and Electronics Trades 278,400,900 VND
Electrical Planner Electrical and Electronics Trades 153,600,700 VND
Electrical Sales Engineer Electrical and Electronics Trades 197,998,100 VND
Electrical Sales Representative Electrical and Electronics Trades 121,199,300 VND
Electrical Service Technician Electrical and Electronics Trades 62,279,800 VND
Electrical Technician Electrical and Electronics Trades 104,398,800 VND
Electrical Worker Electrical and Electronics Trades 74,161,900 VND
Electrician Electrical and Electronics Trades 96,838,800 VND
Electromechanical Technician Electrical and Electronics Trades 101,999,800 VND
Electronic Assembler Electrical and Electronics Trades 89,281,500 VND
Electronic Drafter Electrical and Electronics Trades 79,558,700 VND
Electronic Engineer Electrical and Electronics Trades 202,799,300 VND
Electronic Service Engineer Electrical and Electronics Trades 190,800,100 VND
Electronics Engineer Electrical and Electronics Trades 197,998,100 VND
Electronics Instructor Electrical and Electronics Trades 194,398,100 VND
Electronics Technician Electrical and Electronics Trades 97,561,300 VND
Field Service Engineer Electrical and Electronics Trades 202,799,300 VND
Field Service Technician Electrical and Electronics Trades 74,279,700 VND
Hydroelectric Plant Technician Electrical and Electronics Trades 91,679,200 VND
Hydroelectric Production Manager Electrical and Electronics Trades 246,000,200 VND
Instrumentation Technician Electrical and Electronics Trades 74,639,200 VND
Journeyman Electrician Electrical and Electronics Trades 90,479,600 VND
Maintenance Electrician Electrical and Electronics Trades 65,161,000 VND
Mechatronics Technician Electrical and Electronics Trades 99,838,700 VND
Power Equipment Mechanic Electrical and Electronics Trades 73,198,300 VND
Power Line Technician Electrical and Electronics Trades 70,438,600 VND
Refrigeration and Airconditioning Mechanic Electrical and Electronics Trades 98,400,200 VND
Security Service Engineer Electrical and Electronics Trades 195,600,300 VND
Technical Manager Electrical and Electronics Trades 268,801,500 VND
Turbine Fitter Electrical and Electronics Trades 55,801,900 VND
Warehouse Attendant Electrical and Electronics Trades 55,201,700 VND
Warehouse Manager Electrical and Electronics Trades 260,400,500 VND

Salary Comparison by City

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

City Average Salary
Da Nang 72,361,800 VND
Ha Noi 73,920,200 VND
Hai Phong 65,641,400 VND
Thanh Pho Ho Chi Minh 75,598,300 VND

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