Whenever you are considering a career or a career change, it is useful to check out the salary that you might be able to earn so that you can get a good idea whether or not the job will pay enough to support you. This information is also nice for people who are already doing a job, so they can see where they fall in the salary range and whether they might be able to get more somewhere else or from their current employer.
Education and Experience Factors
The Salary Of A Medical Lab Tech depends, as do most types of salaries, on a lot of different factors, including experience, where you live and work, and the type of institution where you work. Education and certification can also make a difference in the Salary Of A Medical Laboratory Technician as well, so it pays to improve your educational level and get certified.
According to the Bureau of Labor Statistics, the mean annual Salary Of A Medical Laboratory Tech was $36,110 as of May 2007. The top ten percent of techs were making more than $52,100 and the bottom ten percent of techs were making less than $22,670. This is a very broad range of salaries, so it doesn't hurt to do what you can to get closer to the top of the range.
On average experience definitely plays a part in the Salary Of A Medical Lab Tech according to PayScale. Medical Lab Techs with one to four years of experience make a median annual salary of $30,916, while those with twenty or more years of experience make a median annual salary of $42,637.
The anual mean salary of a medical laboratory technician also varies based on the type of industry you work in. The top employers for Medical Lab Techs (and the salary they pay) are general medical and surgical hospitals ($37,600), medical and diagnostic laboratories ($33,500), offices of physicians ($34,560), colleges, universities and professional schools ($36,400), and other ambulatory health care services ($31,710).
Location Can Affect Your Salary As A Medical Lab Technician
Different areas of the country also have a different mean annual Salary Of A Medical Lab Tech. The highest paying areas are Rhode Island ($51,970), Alaska ($45,110), Connecticut ($44,690), District of Columbia ($43,030), and New York ($42,220). However, when considering the different rates of pay in different areas of the country, you need to be sure to take into account the different costs of living so that you can get a good idea of the purchasing power of that salary so you can see if it really is a high salary for the area.
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