Average Salary in Uruguay 2024

Discover the intricacies of salary in Uruguay as we delve into its pay scale, wage gap, yearly increments, and breakdown over education level or years of experience. Gain insights into the factors influencing compensation in this South American country, identifying the trends that shape earning potential. Explore how pay scales are structured across industries and professions, and examine the wage gap between genders and different education levels. Uncover the impact of experience and education on salary increments, helping you understand the value of career advancement in Uruguay. Stay informed with our comprehensive analysis of salary dynamics, empowering individuals and businesses to make informed decisions in the Uruguayan job market.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Uruguay in 2024?

What is the average salary in Uruguay in 2024?
1,100USD
(USD 13,100 yearly)
Low 490 USD
Average 1,100 USD
High 4,800 USD
A person working in Uruguay typically earns around USD 1,100 per month. Salaries range from USD 490 (lowest average) to USD 4,800 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Uruguay in 2023, salaries changed by +0.9% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison between 2023 and 2024 will be conducted by the year's end.

Pay Scale and Salaries in Uruguay

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 4,800, 75% of the people earn USD 1,600 or less. 50% employees earn less USD 1,100 or less, 25% of the employees earn less than USD 790.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 4,800, 75% of the people earn USD 1,600 or less. 50% employees earn less USD 1,100 or less, 25% of the employees earn less than USD 790.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Uruguay the minimum salary is USD 490.

Median Salary

Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries. In Uruguay the median salary is USD 860.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Uruguay the salary ranges from USD 490 to USD 4,800.

Annual Salary Increments in Uruguay

What is the average annual salary increment in the Uruguay? How frequently do employees receive salary raises?

In 2024, employees based in Uruguay witnessed an average salary increase of 0.9%. It's crucial to emphasize that this is an aggregate figure encompassing all job sectors. The worldwide average for 2024 is 0.9%.Download chartGet chart linkShare on FacebookShare on Twitter
During 2024, Uruguay recorded an average salary increment of around 0.9% for its employees, spanning various job sectors. On a global scale, the average salary increase for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Uruguay

On average, employees in Uruguay experienced a salary increase ranging from 0.9% to 6.7% per year in recent years. This translates to an average increment of 3.8% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Uruguay received in recent years salary increase from 0.9% to 6.7% on average per year. It means 3.8% increment per year on average.

Salary Forecast and Trends for the Future in Uruguay

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.6%. Estimated range is between 2.0% and 5.6%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.6%. Estimated range is between 2.0% and 5.6%.

Gender Wage Gap in Uruguay

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The gender pay disparity in Uruguay is 10.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay disparity in Uruguay is 10.0%.
It's due to many factors, such as:
  • Gender discrimination.
  • On average, women take 10% longer vacations than men each year.
  • A college degree is more frequently attained by men than women.
  • In the context of caregiving responsibilities for children and elderly relatives, women are more prone than men to take them on.
  • Compared to men, women are more prone to opt for part-time work, which often results in lower earnings than full-time employment.
  • When it comes to occupations, women are more inclined towards lower-paying ones than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

The completion of high school and the acquisition of a bachelor's degree bring about a wealth of benefits. Most importantly, they greatly improve career prospects, leading to higher earning potential and a wider range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to job opportunities. Alongside financial advantages, pursuing a bachelor's degree fosters personal growth, develops critical thinking skills, and offers the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and promotes the cultivation of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. is indicative of someone's commitment to knowledge and their potential for a successful and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 14%-18% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of about 10%-14%. Expertise and leadership result in higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 16%-20% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 14%-18% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 10%-14%. Expertise and leadership bring higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 16%-20% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Uruguay

What is the average hourly wage in the Uruguay?

Average Hourly Wage
6USD
Low 3 USD
Average 6 USD
High 28 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Dealing with irregular or fluctuating income from hourly wages can make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks ordinarily related to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disrupt work-life balance and make it challenging to maintain consistent routines.
  • Uncertain job security: When it comes to job insecurity, hourly positions are often more affected than salaried positions due to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Within the organization, a few hourly jobs may present limited opportunities for career growth, professional development, or upward mobility.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Uruguay

What are the best paying jobs in Uruguay?

List with best paid jobs in UruguayDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Uruguay?

  1. Surgeon (USD 4,800)
  2. Doctor (USD 4,300)
  3. Chief Executive Officer (CEO) (USD 4,100)
  4. Registered Nurse Anesthetist (USD 4,000)
  5. Dentist (USD 3,900)
  6. Airline Pilot (USD 3,700)
  7. Intellectual Property Lawyer (USD 3,600)
  8. Marketing Manager (USD 3,200)
  9. Marketing Director (USD 3,200)
  10. Sales Director (USD 3,000)
  11. Sales Manager (USD 3,000)
  12. Petroleum Engineer (USD 3,000)
  13. Brand Manager (USD 2,900)
  14. Marketer (USD 2,900)
  15. Judge (USD 2,900)
  16. Treasurer (USD 2,800)
  17. Controller (USD 2,800)
  18. Pharmacist (USD 2,800)
  19. Tax Lawyer (USD 2,700)
  20. Lawyer (USD 2,700)
List with worst paid jobs in UruguayDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Uruguay?

  1. Cashier (USD 520)
  2. Childcare Worker (USD 540)
  3. Stock clerk (USD 550)
  4. Elder Care Worker (USD 550)
  5. Receptionist (USD 570)
  6. Bartender (USD 620)
  7. Food and beverage server (USD 630)
  8. Janitor (USD 630)
  9. Waiter (USD 640)
  10. Tour Guide (USD 650)
  11. Customer Service Representative (USD 780)
  12. Hotel Concierge (USD 790)
  13. Rehabilitation Counselor (USD 800)
  14. Travel Agent (USD 860)
  15. Secretary (USD 890)
  16. Painter (USD 920)
  17. Carpenter (USD 950)
  18. Bus Driver (USD 970)
  19. Artist (USD 980)
  20. Truck Driver (USD 1,000)
List with best paid industries in UruguayDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 3,100)
  2. Business and Management (USD 2,600)
  3. Marketing and Sales (USD 2,400)
  4. Engineering (USD 2,200)
  5. Law (USD 2,100)
  6. Accounting and Finance (USD 2,100)
  7. Computer and Information Technology (USD 2,100)
  8. Transportation and Logistics (USD 2,000)
  9. Science (USD 2,000)
  10. Education and Training (USD 1,700)
  11. Other (USD 1,200)
  12. Hospitality and Tourism (USD 1,100)
  13. Social Services (USD 830)
  14. Services (USD 750)