A person working in Food / Hospitality / Tourism / Catering in Venezuela typically earns around 91,200 VES. Salaries range from 33,500 VES (lowest average) to 246,000 VES (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 Food / Hospitality / Tourism / Catering domain in Venezuela 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 Food / Hospitality / Tourism / Catering in Venezuela range from 33,500 VES (starting average salary) to 246,000 VES (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 Food / Hospitality / Tourism / Catering is 79,200 VES, implying that half of the workforce in Venezuela 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 Food / Hospitality / Tourism / Catering in Venezuela earn less than 61,000 VES, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 102,000 VES, 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 Food / Hospitality / Tourism / Catering in Venezuela. The analysis revealed that roughly 65% of all reported salaries fell within the range of 48,500 VES to 93,400 VES. Approximately 20% of salaries were below the 48,500 VES mark, while 10% ranged from 93,400 VES to 114,000 VES. Only 5% of individuals earned a gross salary of 114,000 VES or higher.