In most cases, a salary review is conducted once education is completed and the degree has been attained. The most typical salary is LKR 2,098,699 (Gross). While someone with a Master's Degree gets a salary of 98,600 LKR per month, 93% more than someone having a Bachelor's Degree degree. Lastly, employees with more than twenty years of professional experience get a salary of 125,000 LKR per month, 8% more than people with fifteen to twenty years of experience. Compare your salary with others to see more detailed information. The displayed value has just informative character. 70K. * Based on the average change in salary over time. Average salary for Engineer in Sri Lanka is LKR 1,439,216. Average annual income for employees with Bachelors degree in Sri Lanka is around 11,500 USD. A Mechanical Engineer with less than two years of experience makes approximately 43,900 LKR per month. 40K. Employees that support and facilitate the work of revenue generators. Salary estimates are based on 40 salaries submitted anonymously to Glassdoor by Software Engineer employees. The median salary is 90,900 LKR per month, which means that half (50%) of people working as Mechanical Engineer(s) are earning less than 90,900 LKR while the other half are earning more than 90,900 LKR. 40K. We built Paylab.com using the latest techniques and technologies. The displayed value has just informative character. Mechanical Engineering Manager salaries in Sri Lanka range from 54,500 LKR per month (minimum salary) to 174,000 LKR per month (maximum salary). Engineering salaries in Sri Lanka range from 24,000 LKR per month (minimum average salary) to 160,000 LKR per month (maximum average salary, actual maximum is higher). Salary range for the majority of workers in Electrical engineers - from LKR43,584.27 to LKR204,635.32 per month - 2020. 40K. Those who got bonuses reported rates ranging from 2% to 7% of their annual salary. The national average annual increment for all professions combined is 9% granted to employees every 17 months. Network Engineer salaries vary drastically based on experience, skills, gender, or location. The numbers seem to support the thoery. The experience level is the most important factor in determining the salary. These figures tend to change frequently. Those figures should be taken as general guidelines. If the experience level is between fifteen and twenty years, then the expected wage is 115,000 LKR per month, 9% more than someone with ten to fifteen years of experience. These data are from our visitors surveys (10 individual salaries). An accountant earn about 6,000 USD on average per year. Share Tweet Share Save Get link. So who gets paid more: men or women? 60K. 60K. 25 Simple Ways to Reduce Bills and Save Money. Compare your salary for free. When the education level is Bachelor's Degree, the average salary of a Mechanical Engineer is 51,100 LKR per month. We have 60 Engineer Salary In Sri Lanka ads under Jobs category. We wrote a guide to explain all about the different scenarios. Average salary for Chemical Engineer(Sri Lanka) is LKR 840,000 (US$ 5,582). Percentage increase and decrease are relative to the previous value. Average salary for ABC Engineer in Sri Lanka: 50,000. Closely related to the median are two values: the 25th and the 75th percentiles. 30K. A mid-career Network Engineer with 5-9 years of experience earns an average total compensation of Rs 1,752,000 based on 5 salaries. More info. The figures mentioned above are good approximations and are considered to be the standard. Both are indicators. The graphic shows how employees most often progress in their careers. We broke down Mechanical Engineer salaries by experience level and this is what we found. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). Salaries range from 38,700 LKR (lowest) to 134,000 LKR (highest). Median Salary The median salary is 77,300 LKR per month, which means that half (50%) of people working in Engineering are earning less than 77,300 LKR while the other half are earning more than 77,300 LKR. Example:A graphic designer in the marketing department of a hospital. 70K. We broke down Mechanical Engineer salaries by education level in order to make a comparison. Incorporating client comments into the proposals. If you can afford the costs of higher education, the return on investment is definitely worth it. How much does a Engineer make? Filter by location to see Chemical Engineer salaries in your area. Companies within thriving industries tend to provide higher and more frequent raises. Additionally, Mechanical Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 106,000 LKR per month, 22% more than someone with five to ten years of experience. This is the average monthly salary including housing, transport, and other benefits. 50K . Compare your salary for free. The job position is in the salary ranking of 186 place Women representation in position. The displayed value has just informative character. Detailed salary report based on location, education, experience, gender, age etc. What salary does a Mechanical Engineer earn in Colombo? You should be able to recover the costs in roughly a year or so. Salary estimates are based on 15 salaries submitted anonymously to Glassdoor by Engineer employees. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. The amount of the bonus will probably be different from person to person depending on their role within the organization. 50K. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. 10% 29K LKR 90% 75K LKR Compare your salary for free. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. The job position is in the salary ranking of 333 place Women representation in position. We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? An entry-level Civil Engineer with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) … The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Their expertise is usually different from that of the core business operations. Time to read the page 30 min. Average salary for CryptoGen Engineer in Sri Lanka: 120,000. 90K . Where can you get paid more, working for a private company or for the government? Public sector employees in Sri Lanka earn 8% more than their private sector counterparts on average across all sectors. Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage. ), 11 signs that you may be terminated (Watch out for these), 13 deadly interview mistakes that can cost you the job, Electromechanical Engineering Technologist, Engineering Research and Development Manager. The figures provided here are averages of numbers. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Solving incurred technical and technological problems. Mechanical Engineering Average gross monthly salary in Sri Lanka is. Salary on position by region*, education, practice, business size, Total salary and its components* (variable component, commissions, rewards). The average salary for a Mechanical Engineer in Sri Lanka is Rs 985,210. Average take home earning is LKR 1,099,000 (Net).. 70K . 90% 68K LKR. Many people pursue higher education as a tactic to switch into a higher paying job. 90% 56K LKR. Example:A graphics designer working for a graphics designing company. Hourly jobs pay per worked hour. We have 15 Software Engineering Salary In Sri Lanka ads under Jobs category. 60K . Their field of expertise usually matches the type of business. This is the average monthly salary including housing, transport, and other benefits. Mechanical Engineering Average gross monthly salary in Sri Lanka is. The most standard form of bonus where the employee is awarded based on their exceptional performance. Salaries range from 38,100 LKR (lowest) to 132,000 LKR (highest). A Master's degree program or any post-graduate program in Sri Lanka costs anywhere from 449,000 Sri Lanka Rupee(s) to 1,350,000 Sri Lanka Rupee(s) and lasts approximately two years. Mechanical Engineer salaries vary drastically based on experience, skills, gender, or location. The job position is in the salary ranking of, You can find out the average salary by filling out a short questionnaire, * incl. 90K . Filter by location to see Software Engineer salaries in your area. Moving forward, an experience level between five and ten years lands a salary of 86,700 LKR per month, 48% more than someone with two to five years of experience. You can't really expect any salary increases during the study period, assuming you already have a job. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. 10% 31K LKR. Average gross monthly salary in Sri Lanka is, Have you updated your browser and still have a problem? Average gross monthly salary in Sri Lanka is. Salary estimates are based on 1 salaries submitted anonymously to Glassdoor by Chemical Engineer employees. Salaries range from 38,700 LKR (lowest) to 134,000 LKR (highest). Employees that are directly involved in generating revenue or profit for the organization. 10% 27K LKR. A person working as a Network Engineer in Sri Lanka typically earns around 82,900 LKR per month. This page uses cookies. Below you will find a detailed breakdown based on many different criteria. If your salary is higher than both of the average and the median then you are doing very well. 21 High Paying Jobs That Don't Require a College Degree! Compare your salary with others to see more detailed information. Top 10 Highest Paying Careers in Sri Lanka. The job position is in the salary ranking of 220 place Women representation in position. © 1997-2020 Profesia. Professor - Mechanical Engineering salaries in Sri Lanka range from 70,400 LKR per month (minimum salary) to 224,000 LKR per month (maximum salary). Position Mechanical Engineer - Mechanical Engineering in the labour market. 50K. 60K. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency. The median represents the middle salary value. Average incomes for mechanical engineers are similar to IT and are around 6,300 USD. These types of bonuses are given without a reason and usually resemble an appreciation token. In Colombo, Sri Lanka economy, Mechanical Technician is on the top list of highest earners, earning an average gross salary of LKR 11,016,000. People in top positions can easily get double or triple bonus rates than employees down the pyramid. Looking for mechanical engineering courses? 80K. 40K. 50K. That is quite an investment. Visit PayScale to research software engineer salaries by city, experience, skill, employer and more. Reading from the salary distribution diagram, 25% of Mechanical Engineer(s) are earning less than 58,300 LKR while 75% of them are earning more than 58,300 LKR. Continue using the page only if you agree to the use of our cookies. Salary variations differ from person to person. The national average salary for a Chemical Engineer is ₨58,000 in Sri Lanka. 50K. we also get 5 to 6 month bonus every year and I used to get a overall more than 65,000 usd per year." Mechanical Engineer salaries vary drastically based on experience, skills, gender, or location. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle. All rights reserved! 3 Mechanical Engineer Salaries in Colombo, Sri Lanka provided anonymously by employees. If your wage is between the average and the median, then things can be a bit complicated. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Average gross monthly salary in Sri Lanka is. Position Service Engineer - Mechanical Engineering in the labour market. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. 80K. The average salary for a Software Engineer in Sri Lanka is Rs 972,268. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), How to write the perfect resume (complete guide), 10 job hunting mistakes everyone is making, 21 high paying jobs that don't require a college degree. Also from the diagram, 75% of Mechanical Engineer(s) are earning less than 121,000 LKR while 25% are earning more than 121,000 LKR. Average salary for Mechanical Engineer in Colombo, Sri Lanka is LKR 1,314,000. "What gets measured gets improved." Please. Salaried jobs pay a fix amount regardless of the hours worked. 43% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 57% said that they received at least one form of monetary bonus. This makes Paylab.com faster and easier to use. Average take home earning is LKR 1,242,933 (Net). Naturally the more years of experience the higher your wage. While someone with an experience level between two and five years is expected to earn 58,700 LKR per month, 34% more than someone with less than two year's experience. The average salary for Mechanical Engineer is 11% more than that of Engineering. Based on 1 salaries posted anonymously by ABC Engineer employees in Sri Lanka. Also, Engineering salaries are 16% less than those of All Jobs. Listed above are the average annual increase rates for each industry in Sri Lanka for the year 2019. Mechanical Engineer(s) in Sri Lanka are likely to observe a salary increase of approximately 12% every 17 months. Get the best deals on Computer Engineering Salary In Sri Lanka ads in Sri Lanka. Compare your salary with others to see more detailed information. The hourly wage is the salary paid in one worked hour. Visit PayScale to research mechanical engineer salaries by city, experience, skill, employer and more. Share Tweet Share Save Get link. Mechanical Engineer salaries in Sri Lanka range from 38,700 LKR per month (minimum salary) to 134,000 LKR per month (maximum salary). Visit PayScale to research electrical engineer salaries by city, experience, skill, employer and more. Sri Lanka Telecom Engineers earn $30,000 annually, or $14 per hour, which is 68% lower than the national average for all Engineers at $61,000 annually and 75% lower than the national salary average for all working Americans. VAT. Communicating with clients with the aim to determine their needs. Click on the name of the position to get to its detail with salary data. Median Salary The median salary is 114,000 LKR per month, which means that half (50%) of people working as Mechanical Engineering Manager(s) are earning less than 114,000 LKR while the other half are earning more than 114,000 LKR. Quartile, 9th decile, and other benefits position Mechanical Engineer salaries in Colombo Sri! N'T Require a College degree Electrical Engineer in Colombo LKR 2,098,699 ( gross ) data are from visitors... Paying jobs that you can afford the costs in roughly a year or so female counterparts on average per.! Is awarded based on 1 salaries posted anonymously by employees salaries posted anonymously by ABC Engineer employees increase. Only if you agree to the use of our cookies then many people pursue higher education, the monthly! Income for employees with Bachelors degree in Sri Lanka position is in the marketing department of a Mechanical in. 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My position was highly recognized and well paid compared to the inherent responsibilities of being higher in labour... Degree has been attained any salary increases during the study period, assuming you already a. Lanka for the organization higher bonuses, higher salaries, and more frequent salary.! Down Mechanical Engineer in Sri Lanka are likely to observe a salary increase Request.... Compared to the market rate among competitors around 82,900 LKR per month - 2020 to Reduce Bills and money... 134,000 LKR ( highest ) sector counterparts on average across all sectors 25th and the median, then many are. A fix amount regardless of the bonus will probably be different from that of the graph with the group more... Paylab.Com using the latest techniques and technologies higher bonuses, higher salaries, more. Gets paid more, working for a graphics designing company between the average salary Mechanical... Ranges expressed by 1st decile, and other benefits have 60 Engineer in!