Using a compiled data, Analysis has been made on the Salary of a Caregiver Living In El Salvador. The caregivers monthly or yearly income like other countries and professions depends on the location, experience, gender, educational qualification, employers etc. El Salvador is in a growing need for caregivers especially as the country’s population ages and more families require daily support for elderly loved ones, people with disabilities, or individuals recovering from illness.
In El Salvador, caregiving is still a profession that’s finding its full footing. Caregivers often referred to as a personal assistant in the context of caregiving might work in formal settings like retirement homes or through private care agencies, many are hired directly by families, often without contracts or standard pay structures. This makes earnings quite varied. Some earn just a little above minimum wage, while others especially those with experience, training, or who work in major cities like Lisbon or Porto can negotiate slightly better rates.
The average salary for a caregiver in El Salvador falls between 26,532 and 45,612 Salvadoran colóns (SVC) per year. Using the exchange rate at 8.75 SVC per 1 USD gives about $3,026 to $5,207 USD per year and roughly $252 to $434 per month including potential benefits. If you’re thinking of caregiving in El Salvador, it’s good to know what the average income looks like and what factors actually shape those numbers. All salary information is in the local currency which is United States dollar or USD currency code instead of the currency symbol $.
The Salary Structure of Caregivers in El Salvador
A El Salvador Caregiver will typically earn around 12,840 USD yearly, and this can range from the lowest average salary of about 6,700 USD to the highest average salary of about 17,560 USD.
The average salaries for Caregiver in El Salvador include other benefits such as housing and transport. It’s also possible for a Caregiver to earn more or less than the average salaries shown above.
- Highest Annual Salary = 17,560 USD
- Average Annual Salary = 12,840 USD
- Lowest Annual Salary = 3,026 USD
- Highest Monthly Salary = 1,463 USD
- Average Monthly Salary = 1,070 USD
- Lowest Monthly Salary = 252 USD
See also: Visa Sponsorship Jobs in El Salvador for foreigners
Caregiver’s Salary by Experience Level in El Salvador
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 caregiver 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.
- 20+ Years Experience: For a Caregiver with more than 20 years, the expected average salary increases to 16,880 USD.
- 15 – 20 Years Experience: A Caregiver with 15 to 20 years of experience can earn an average of 17,020 USD.
- 10 – 15 Years Experience: Once you have more than ten years of experience the average salary reaches around 12,240 USD.
- 5 – 10 Years Experience: Caregiver with five to ten years of experience can earn a average salary up to 10,000 USD.
- 2 – 5 Years Experience: A care giver with two to five years of experience can earn a average salary up to 8,780 USD.
- 0 – 2 Years Experience: A Caregiver in El Salvador that has less than two years of experience can expect to earn somewhere in the region of 6,960 USD..
Caregiver Salary by Educational Qualification in El Salvador
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?
The comparison in the salaries of employees in the same job and career level with different levels of education are made to see how much caregivers ca earn at each education level.
From analysis, the average salary for a Caregiver in El Salvador based on the education level of the employees shows that a better education level would increase your salary.
- A caregiver with master’s degree: A master’s degree is expected to earn 10% more than those with Bachelor’s Degree.
- A caregiver with Bachelor’s Degree: Such a Caregiver can earn an average salary of 17,620 USD..
- A caregiver with Certificate or Diploma: Such a Caregiver can earn an average salary of 13,660 USD.
- A caregiver with High School: Such a Caregiver in El Salvador with a high school education can earn an average salary of 8,780 USD.
Salary of Caregivers by Gender in El Salvador
There are always difference between men and women when it comes to some careers. Unfortunately, caregiving service is part of the professions still showing a significant difference between the salaries earned by male and female.
The average salary of a male caregiver In El Salvador is about 9,960 USD, while that of a female caregiver is around 10,000 USD.
This simply shows that a male caregiver earns approximately approximately the same as a female caregiver offering the same services.
El Salvador Caregivers Average Pay Raise
Analysis have revealed that the average pay raise for a Caregiver in El Salvador is around 6% every 29 months and the national average pay raise across all professions and industries in El Salvador is around around 4% every 29 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
We can derive a formula to calculate the annual rise from the available data to make it more meaningful. The approximate annual pay raise can be calculated using the formula: Annual Increase = ( Increase Rate ÷ Months ) × 12.
Using our data for this example we have: Annual Increase = ( 6 ÷ 29 ) × 12 = 2%
This simply means is that a Caregiver in El Salvador can expect to receive an average pay raise of around 2% every 12 months.
Other Benefits of a Caregiver in El Salvador and Incentive Rates
There are a lot of bonus and incentives received by caregivers at the end of the month, week or year. Another part of your overall compensation in a job is how much bonus you receive. Some caregivers will have an opportunity to receive more bonus than others and also more likely to have higher bonus rates. The additional benefits include:
- Formal job training
- Stable demand for Services in other areas
- free accommodation and meals
- It provide access to Basic Worker Rights If Employed Formally
- Working closely with one person or a family often leads to genuine relationships
- Some caregivers in El Salvador may enjoy flexible hours, allowing them to take on multiple jobs
Types of bonuses
- Company performance bonus
- Individual performance bonus
- Goal based bonus
- Holiday bonus
Other Determinants of Caregivers Salaries in El Salvador
- Government vs Private Sector Salaries: Public sector employees including caregivers living in El Salvador earn approximately 39% more than private sector employees in the same role.
- Distribution of Caregiver Salaries in El Salvador – Salary ranges: a Caregiver can earn between 6,700 USD and 17,560 USD on average in El Salvador. Median salary: The median salary (middle value in the distribution of salaries) for a Caregiver in El Salvador is 10,080 USD. Percentiles: The average Caregiver salary in El Salvador shows that 25% of the population are earning less than 5,960 USD while 75% of the population earn more than 5,960 USD.
That is the basic information on Caregivers salary in El Salvador. If you need more detail, check back.
Frequently Asked Questions (FAQs)
1. What is the basic salary in El Salvador?
In El Salvador, the average minimum wage is sector-dependent, ranging from $365.00 to $243.46 per month.
2. How much is rent in El Salvador per month?
- Apartment (1 bedroom) in City Centre 690.47 Per Month Range $ 520.00-900.00
- Apartment (1 bedroom) Outside of Centre 579.39Per Month Range $ 350.00-900.00
3. Is El Salvador a good place to move to?
You can stay safely in El Salvador despite that it is widely considered to be one of the most violent countries in the world.
Related Post
- Average Salary of a Caregiver in Serbia
- Average Salary of a Caregiver in Greece
- Average Salary Of A Caregiver In Portugal
- Average Salary of a Caregiver in Bulgaria
- Average Salary Of A Caregiver In Tajikistan
- Average Salary Of A Caregiver Living In Sweden
- Average Salary Of A Caregiver Living In Czech Republic
- Average Salary Of A Caregiver in Honduras
- Average Salary Of A Caregiver Living In Cuba
- Average Salary Of A Caregiver In United Arab Emirates (Dubai)
- Average Salary of A Caregiver in Nicaragua
- Average Salary Of A Caregiver Living In Ghana
- Average Salary Of A Caregiver in Mozambique
- Average Salary Of A Caregiver Living In Malaysia
- Average Salary Of A Caregiver Living In Angola
