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Optical Mechanic Apprentice Salary
in Colón, Panama

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

PAB 16,761

Average Salary

PAB 8/hr

Average Hourly

PAB 206

Average Bonus

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Salary Recap

The average pay for an Optical Mechanic Apprentice is PAB 16,761 a year and PAB 8 an hour in Colón, Panama. The average salary range for an Optical Mechanic Apprentice is between PAB 12,420 and PAB 19,845. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Colón, Panama.

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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Salary Potential

Estimated salary in 2029:
PAB 17,545
5 Year Change:
5 %

Shift Differentials

Calculate Your Shift Differential

If your job has pay differentials, see how much more you could be earning with our shift differential calculator.
Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by PAB 0.81/hour
*some jobs may not have shift differentials, please contact info.eri@erieri.com for additional information.

What Is Shift Differential Pay?

Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
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This role may have pay shift differentials that could affect total compensation.
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About Colón, Panama

Colón Cost of Living Score:

Description: 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 former U.S. Army base, as well as the former Panama Canal Zone towns of Cristobal, Margarita, and Coco Solo.
Description:
  • Apprentices in optical component fabrication.
  • Learns principles and techniques under direct supervision.

Optical Mechanic Apprentice Job Listings for

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Salary Recap

The average pay for an Optical Mechanic Apprentice is PAB 16,761 a year and PAB 8 an hour in Colón, Panama. The average salary range for an Optical Mechanic Apprentice is between PAB 12,420 and PAB 19,845. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Colón, Panama.

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.

Find actuarial salary survey data and benchmark salary and pay.

Powered by ERI's Database

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Colón Cost of Living Score:

Description: 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 former U.S. Army base, as well as the former Panama Canal Zone towns of Cristobal, Margarita, and Coco Solo.
Description:
  • Apprentices in optical component fabrication.
  • Learns principles and techniques under direct supervision.
No listings found

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.

You May Also Like

White Papers

National Compensation Forecast October 2024
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ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
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Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
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Planning Global Compensation Budgets for 2025
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Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
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