Vice President Engineering

B/.94,208 (PAB)/yr

B/.45.29 (PAB)/hr

B/.8,403 (PAB)/yr

The average vice president engineering gross salary in Colón, Panama is B/.94,208 or an equivalent hourly rate of B/.45. This is 3% higher (+B/.2,783) than the average vice president engineering salary in Panama. In addition, they earn an average bonus of B/.8,403. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Colón, Panama. An entry level vice president engineering (1-3 years of experience) earns an average salary of B/.64,940. On the other end, a senior level vice president engineering (8+ years of experience) earns an average salary of B/.118,142.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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B/.103,180 (PAB)

10 %

Based on our compensation data, the estimated salary potential for Vice President Engineering will increase 10 % over 5 years.

This chart displays the highest level of education for:
Vice President Engineering, the majority at 50% with bachelors.

Typical Field of Study: Mechanical Engineering

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Colón, Panama

The cost of living in Colón, Panama is 1% more than the average cost of living in Panama. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Colón (Spanish pronunciation: [koˈlon]) is a city and seaport in Panama, beside the Caribbean Sea, lying near the Atlantic entrance to the Panama Canal. It is the capital of Panama's Colón Province and has traditionally been known as Panama's second city. Originally it was located entirely on Manzanillo Island, surrounded by Limon Bay, Manzanillo Bay, and the Folks River; however, since the disestablishment of the Panama Canal Zone, the city's limits have been redefined to include Fort Gulick, a...

Sourced from Wikipedia
Directs engineering operations and activities, including product development, existing product support, manufacturing operations, and technical support of sales. Heads research and development to bring new products and services to the market. Develops accurate financial forecasts and budgets that facilitate decisions on planning, fundraising, and capital expenditures. Devises design criteria and oversees product development through design, product build, and testing. Coordinates... with other departments such as finance, marketing, and production to coordinate production, manage budgets, obtain equipment, and manage other processes. Read More

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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Do you work in HR or Compensation?
Try our professional compensation software to generate detailed salary and cost of living reports.
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