A medical lab technician tests bodily tissue, blood, and other fluids to help physicians diagnose patient illness and disease. Annual salaries in the US can approach $46,000 while earnings in Australia exceed AU$69,000 ($54,174 USD). In US dollar currency, annual salaries in New Zealand and Canada are similar at NZ$58,000 ($40,604 USD) and C$50,000 ($39,402 USD), respectively, followed by the UK at
£27,000 ($31,807 USD). Medical lab technicians in South Africa earn nearly R117,000 ($8,514 USD) compared to more than Rs249,000 ($3,831 USD) in India. Earning potential varies by geographic region, professional experience, and work setting with further details explained in this guide.
How Much Does a Medical Lab Technician Make per Year?
In the chart below, salary information for medical lab technicians is outlined for select countries worldwide.
|Medical Lab Technician Salary||US||Canada||UK||Australia||New Zealand||India||South Africa|
Factors that Influence the Medical Lab Technician Salary
Research shows varying salary levels for medical lab technicians due to geographic region, professional experience, and work setting. The impact of these factors is explained in this guide.
1. Geographic Area
Medical Lab Technician Salary in US
Medical lab technicians in the US earn nearly $46,000 annually, with additional bonus income exceeding $600. Hourly wage earners receive $22 per hour. Entry level positions see yearly pay in excess of $36,000 while senior level pay is about $54,000 per year.
Medical Lab Technician Salary in Canada
In Canada, medical lab technicians receive about C$50,000 per year, or C$24 per hour. Bonus pay can reach C$700 in additional income. New medical lab technicians earn nearly C$40,000 per year, increasing with experience to an annual salary of about C$59,000.
Medical Lab Technician Salary in UK
A medical lab technician in the UK sees yearly pay that exceeds £27,000, while hourly wage earners receive £13 per hour. There is the possibility of some bonus pay that is close to £400. As a new medical lab technician, annual earnings reach £22,000 while a senior level professional earns more than £32,000 per year.
Medical Lab Technician Salary in Australia
Medical lab technicians in Australia earn more than AU$69,000 per year, equating to $33 per hour. The average bonus pay is about AU$1,000. Newly trained medical lab technicians earn more than AU$55,000 annually, while those at the senior level see annual earnings in excess of AU$82,000.
Medical Lab Technician Salary in New Zealand
In New Zealand, medical lab technicians earn more than NZ$58,000, plus another NZ$800 or more in bonus income pay. Hourly wage earners receive NZ$28 per hour. The average starting salary for entry level positions is more than $46,000 per year while those with the most experience at the senior level see earnings top NZ$69,000 annually.
Medical Lab Technician Salary in India
Medical lab technicians in India make over Rs249,000 per year, on average, with an additional Rs3,400 or more possible through bonus pay. If paid by the hour, earnings average Rs120 per hour. New medical lab technicians receive an average starting salary of about Rs201,000 per year compared to senior level pay can reach Rs300,000 annually.
Medical Lab Technician Salary in South Africa
The average annual salary for medical lab technicians in South Africa is about R117,000 with an additional R1,600 or more in bonus earnings. Hourly pay averages R56 per hour. Entry level medical lab technicians earn more than R93,000 per year, increasing with experience to more than R139,000 per year for senior level positions.
With additional experience, average incomes increase between 48% and 50% for senior level positions. In the US, the difference between entry level and senior level pay is $18,000 per year, equating to 50% growth in income. While salaries are lower in India, the growth rate is similar at 49%, or Rs99,000 per year for senior level pay.
Medical lab technicians most often work in hospitals, physician offices, and laboratories. While there is little variance in pay by work setting, those employed in the private sector and for-profit organizations may see slightly higher earning potential and bonus income opportunities compared to nonprofit organizations that are often operating on a smaller budget.
While many medical lab technicians work full-time schedules, there are ample opportunities for part-time positions. Typical work hours are Monday through Friday during normal business hours, while those working in hospitals may see shifts that span evenings and weekends.
Bonuses and Benefit Packages
Benefits packages often include healthcare packages that cover medical, dental, and vision care, as well as paid time off for major holidays and vacation. Some additional perks may be offered, such as allowances for parking or meals. Other benefits like retirement plans and health savings accounts may be available as optional benefits with employees covering costs at a discounted rate. While bonus pay is light, there are some opportunities to increase overall earnings. Those working part-time hours may be ineligible for benefits and bonus pay, or may receive a small package.
It is estimated by the US Bureau of Labor Statistics that medical lab technician employment will rise 16% between 2014 and 2024 due to various factors, including an aging population, increased chronic health diagnoses, improved access to medical care, and advancements in medical research. To work as a medical lab technician, an associate’s degree or certification is required with some on-job training and instruction. Some regions require medical lab technicians to be licensed or register with a governing board.
While earnings for medical lab technicians may be lower compared to some other healthcare positions, the level of education and training required are minimal and reflective of the earning potential. Benefits and bonus packages are offered, although part-time employees may be ineligible for full benefits. Future need for medical lab technicians is expected to increase at a fast rate, meaning sufficient job opportunities will be available in the coming years.