Average Account Representative Salary in Bolivia for 2024

In this article, we will look at the average Account Representative salary for 2024 in Bolivia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bolivian boliviano. To keep things simple, we are using the BOB currency code instead of the currency symbol Bs..

How Much Does an Account Representative Make in Bolivia?

An Account Representative working in Bolivia will typically earn around 48,160 BOB per year, and this can range from the lowest average salary of about 22,420 BOB to the highest average salary of 75,500 BOB.

Average Annual Salary
48,160 BOB
Average Monthly Salary
4,013 BOB

Lowest Annual Salary
22,420 BOB
Lowest Monthly Salary
1,868 BOB

Highest Annual Salary
75,500 BOB
Highest Monthly Salary
6,291 BOB

These are average salaries for an Account Representative in Bolivia and include benefits such as housing and transport. It's also possible for an Account Representative to earn more or less than the average salaries shown above.

Account Representative salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Account Representative Salaries in Bolivia

So we've looked at the average salaries an Account Representative will earn in Bolivia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Account Representative can earn between 22,420 BOB and 75,500 BOB on average in Bolivia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Account Representative in Bolivia is 50,080 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 50,080 BOB, and 50% of the population earn more than 50,080 BOB.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Account Representative salary in Bolivia, 25% of the population are earning less than 31,040 BOB while 75% of the population earn more than 31,040 BOB.

75% of the population earn less than 63,400 BOB, and 25% of the population earn more than 63,400 BOB.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Account Representative Salary by Experience Level in Bolivia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average account representative salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Account Representative in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 25,660 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Account Representative salary would increase to 39,640 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as an Account Representative, the average salary would be 50,020 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 60,840 BOB.
  • 15 - 20 Years Experience. An Account Representative with 15 to 20 years of experience can earn an average of 66,580 BOB.
  • 20+ Years Experience. For an Account Representative with more than 20 years, the expected average salary increases to 72,120 BOB.

Average Salary by Experience Chart

0-2 Years
25,660 BOB
2-5 Years +42%
39,640 BOB
5-10 Years +32%
50,020 BOB
10-15 Years +23%
60,840 BOB
15-20 Years +6%
66,580 BOB
20+ Years +10%
72,120 BOB

Account Representative Salary by Education Level in Bolivia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Account Representative in Bolivia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Account Representative in Bolivia with a high school education can earn an average salary of 34,160 BOB.

  • Certificate or Diploma. An Account Representative in Bolivia with a certificate or diploma education can earn an average salary of 48,560 BOB.

  • Bachelor's Degree. An Account Representative in Bolivia with a bachelor's degree education can earn an average salary of 66,940 BOB.

Average Salary by Education Chart

High School
34,160 BOB
Certificate or Diploma +47%
48,560 BOB
Bachelor's Degree +34%
66,940 BOB

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Bolivia is around 42,600 to 128,000 BOB and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Account Representative Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bolivia, a male account representative will earn an average of 48,940 BOB, while a female account representative will earn around 46,980 BOB.

This means that a male account representative earns approximately 4% more than a female account representative for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
48,940 BOB
Female -4%
46,980 BOB

Account Representative Average Pay Raise in Bolivia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Account Representative in Bolivia is around 6% every 28 months.

The national average pay raise across all professions and industries in Bolivia is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 6 ÷ 28 ) × 12  = 3%

What this means is that an Account Representative in Bolivia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bolivia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bolivia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Account Representative Bonus and Incentive Rates in Bolivia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Account Representative is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
38%
No Bonus
62%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bolivia earn approximately 17% more than private sector employees in the same role.

Public Sector
112,280 BOB
Private Sector -17%
96,160 BOB

Salaries for Jobs Similar to an Account Representative

In the table below, we have salary information for jobs that are similar to an Account Representative in Bolivia.

Job Title Category Salary
Account Service Representative Customer Service and Call Center 48,140 BOB
Business Support Specialist Customer Service and Call Center 63,700 BOB
Call Center Advisor Customer Service and Call Center 51,400 BOB
Call Center Duty Manager Customer Service and Call Center 69,240 BOB
Call Center Manager Customer Service and Call Center 125,100 BOB
Call Center Manager Customer Service and Call Center 125,700 BOB
Call Center Quality Analyst Customer Service and Call Center 80,060 BOB
Call Center Representative Customer Service and Call Center 39,160 BOB
Call Center Representative Customer Service and Call Center 40,140 BOB
Call Center Scheduler Customer Service and Call Center 44,540 BOB
Call Center Scheduling Manager Customer Service and Call Center 65,080 BOB
Call Center Supervisor Customer Service and Call Center 55,140 BOB
Call Center Team Leader Customer Service and Call Center 68,320 BOB
Client Engagement Specialest Customer Service and Call Center 74,540 BOB
Client Executive Customer Service and Call Center 54,280 BOB
Client Liaison Officer Customer Service and Call Center 38,260 BOB
Client Relations Manager Customer Service and Call Center 137,400 BOB
Client Relationship Executive Customer Service and Call Center 130,400 BOB
Client Relationship Manager Customer Service and Call Center 148,300 BOB
Client Service Analyst Customer Service and Call Center 78,940 BOB
Client Service Representative Customer Service and Call Center 38,620 BOB
Client Strategy Specialist Customer Service and Call Center 81,960 BOB
Contracts Specialist Customer Service and Call Center 60,840 BOB
Customer Care Officer Customer Service and Call Center 38,340 BOB
Customer Care Representative Customer Service and Call Center 38,780 BOB
Customer Center Supervisor Customer Service and Call Center 44,720 BOB
Customer Experience Analyst Customer Service and Call Center 49,700 BOB
Customer Experience Manager Customer Service and Call Center 138,200 BOB
Customer Experience Specialist Customer Service and Call Center 87,760 BOB
Customer Fulfillment Specialist Customer Service and Call Center 83,400 BOB
Customer Insights Analyst Customer Service and Call Center 80,840 BOB
Customer Problem Manager Customer Service and Call Center 82,720 BOB
Customer Relations Manager Customer Service and Call Center 138,800 BOB
Customer Relations Specialist Customer Service and Call Center 82,160 BOB
Customer Sales Representative Customer Service and Call Center 39,560 BOB
Customer Sales Support Customer Service and Call Center 40,140 BOB
Customer Service Administration Customer Service and Call Center 45,580 BOB
Customer Service Advisor Customer Service and Call Center 84,560 BOB
Customer Service Agent Customer Service and Call Center 40,420 BOB
Customer Service Associate Customer Service and Call Center 36,700 BOB
Customer Service Coordinator Customer Service and Call Center 48,740 BOB
Customer Service Country Manager Customer Service and Call Center 150,000 BOB
Customer Service Executive Customer Service and Call Center 89,340 BOB
Customer Service Manager Customer Service and Call Center 138,800 BOB
Customer Service Manager Customer Service and Call Center 146,200 BOB
Customer Service Officer Customer Service and Call Center 38,680 BOB
Customer Service Representative Customer Service and Call Center 38,340 BOB
Customer Service Sales Support Customer Service and Call Center 36,020 BOB
Customer Service Specialist Customer Service and Call Center 40,560 BOB
Customer Service Supervisor Customer Service and Call Center 58,440 BOB
Customer Service Team Leader Customer Service and Call Center 89,960 BOB
Customer Service Trainer Customer Service and Call Center 69,540 BOB
Customer Service Working Supervisor Customer Service and Call Center 70,260 BOB
Customer Solutions Representative Customer Service and Call Center 85,080 BOB
Customer Success Manager Customer Service and Call Center 128,900 BOB
Customer Success Specialist Customer Service and Call Center 83,900 BOB
Customer Support Agent Customer Service and Call Center 37,800 BOB
Dispute Resolution Specialist Customer Service and Call Center 69,720 BOB
Field Service Representative Customer Service and Call Center 44,180 BOB
Guest Relations Officer Customer Service and Call Center 31,520 BOB
Guest Service Agent Customer Service and Call Center 33,440 BOB
Inbound Call Center Representative Customer Service and Call Center 39,080 BOB
Inbound Sales Representative Customer Service and Call Center 40,560 BOB
Internet Banking Supervisor Customer Service and Call Center 125,700 BOB
Lead Administrator Customer Service and Call Center 79,360 BOB
Logistics Coordinator Customer Service and Call Center 43,360 BOB
Operations Support Manager Customer Service and Call Center 117,380 BOB
Real Time Analyst Customer Service and Call Center 79,260 BOB
Regional Account Manager Customer Service and Call Center 134,600 BOB
Service Administrator Customer Service and Call Center 63,500 BOB
Service Delivery Manager Customer Service and Call Center 128,900 BOB
Service Writer Customer Service and Call Center 33,520 BOB
Sourcing Assistant Customer Service and Call Center 27,020 BOB
Telephone Operator Customer Service and Call Center 31,080 BOB
Vendor Administration Specialist Customer Service and Call Center 50,340 BOB
Workforce Manager Customer Service and Call Center 83,200 BOB

Salary Comparison by City

If you want to compare salaries with different cities in Bolivia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Cochabamba 48,940 BOB
La Paz 50,580 BOB
Oruro 43,760 BOB
Potosi 42,320 BOB
Santa Cruz 51,800 BOB
Sucre 43,340 BOB

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