A person working in Factory and Manufacturing in Cuba typically earns around 15,300 CUP. Salaries range from 5,550 CUP (lowest average) to 37,500 CUP (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Factory and Manufacturing domain in Cuba exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Factory and Manufacturing in Cuba range from 5,550 CUP (starting average salary) to 37,500 CUP (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Factory and Manufacturing is 14,000 CUP, implying that half of the workforce in Cuba earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Factory and Manufacturing in Cuba earn less than 10,700 CUP, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 17,700 CUP, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Factory and Manufacturing in Cuba. The analysis revealed that roughly 65% of all reported salaries fell within the range of 8,190 CUP to 15,300 CUP. Approximately 20% of salaries were below the 8,190 CUP mark, while 10% ranged from 15,300 CUP to 18,500 CUP. Only 5% of individuals earned a gross salary of 18,500 CUP or higher.