Home > Salary > Ethiopia > Value Engineering Manager
A Value Engineering Manager is responsible for maximizing the value of a product or service by identifying and implementing cost-saving measures without compromising quality or functionality. They analyze the design, production, and operational processes to identify areas of improvement and develop strategies to reduce costs, increase efficiency, and enhance overall value. This involves collaborating with cross-functional teams, such as engineers, designers, and procurement, to identify cost drivers and implement value engineering techniques. The Value Engineering Manager conducts cost analysis, feasibility studies, and risk assessments to evaluate proposed changes and ensure they align with organizational goals and objectives. They also monitor and track the performance of value engineering initiatives, provide recommendations for continuous improvement, and communicate findings and results to stakeholders.
Estimated Yearly Salary: 243,212 ETB
Estimated Monthly Salary: 20,268 ETB
Estimated Weekly Salary: 4,677 ETB per week
Estimated Hourly Salary: 117 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 19,570 ETB
Estimated Weekly Salary: 4,516 ETB per week
Estimated Hourly Salary: 113 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,044 USD
Estimated Monthly Salary: 337 USD
Estimated Weekly Salary: 78 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 243,212 ETB
Estimated Monthly Salary: 20,268 ETB
Estimated Weekly Salary: 4,677 ETB per week
Estimated Hourly Salary: 117 ETB per hour
By working as Value Engineering Manager a person can save up to 260 USD per month or 3,122 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Value Engineering Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Bank auditor (112,483 ETB per year, pre-tax.)
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Value Engineering Manager salary in Ethiopia
Average Yearly Salary of Value Engineering Manager in Ethiopia is approximately 243,212 ETB (4,044 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Value Engineering Manager do?
A Value Engineering Manager is responsible for maximizing the value of a product or service by identifying and implementing cost-saving measures without compromising quality or functionality. They analyze the design, production, and operational processes to identify areas of improvement and develop strategies to reduce costs, increase efficiency, and enhance overall value. This involves collaborating with cross-functional teams, such as engineers, designers, and procurement, to identify cost drivers and implement value engineering techniques. The Value Engineering Manager conducts cost analysis, feasibility studies, and risk assessments to evaluate proposed changes and ensure they align with organizational goals and objectives. They also monitor and track the performance of value engineering initiatives, provide recommendations for continuous improvement, and communicate findings and results to stakeholders.
Skills: Value Engineering, Cost Reduction, Process Improvement, Cross-functional Collaboration, Cost Analysis, Continuous Improvement
Job industry: Construction
Job industry: Construction
How much does Value Engineering Manager make?
Salary details
How much does Value Engineering Manager make?Estimated Yearly Salary: 243,212 ETB
Estimated Monthly Salary: 20,268 ETB
Estimated Weekly Salary: 4,677 ETB per week
Estimated Hourly Salary: 117 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 234,840 ETBEstimated Monthly Salary: 19,570 ETB
Estimated Weekly Salary: 4,516 ETB per week
Estimated Hourly Salary: 113 ETB per hour
Last revision of data: 2024-01-03Value Engineering Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,044 USD
Estimated Monthly Salary: 337 USD
Estimated Weekly Salary: 78 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Value Engineering Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Value Engineering Manager in Ethiopia earns on average:
2.31 times the average salary (or 231% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Value Engineering Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Value Engineering Manager in Ethiopia earns on average:
2.31 times the average salary (or 231% of average salary).
Is Value Engineering Manager a well paid job?
Yes, our data show that Value Engineering Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Value Engineering Manager?
High salary for Value Engineering Manager would be somewhere between 267,533 ETB and 352,657 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Value Engineering Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 243,212 ETB
Estimated Monthly Salary: 20,268 ETB
Estimated Weekly Salary: 4,677 ETB per week
Estimated Hourly Salary: 117 ETB per hour
By working as Value Engineering Manager a person can save up to 260 USD per month or 3,122 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Value Engineering Manager
Sudan is 1,607 USD
Kenya is 12,673 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Air force senior airman aerospace (48,324 ETB per year, pre-tax.)
Plumber (103,645 ETB per year, pre-tax.)
Project manager electronic discovery (117,131 ETB per year, pre-tax.)
Bank auditor (112,483 ETB per year, pre-tax.)
Help desk engineer (102,960 ETB per year, pre-tax.)
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