Average Accreditation Coordinator Salary in Cochabamba, Bolivia for 2024

In this article, we will look at the average Accreditation Coordinator salary for 2024 in Cochabamba 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 Accreditation Coordinator Make in Cochabamba?

An Accreditation Coordinator working in Cochabamba will typically earn around 95,760 BOB per year, and this can range from the lowest average salary of about 48,640 BOB to the highest average salary of 142,300 BOB.

Average Annual Salary
95,760 BOB
Average Monthly Salary
7,980 BOB

Lowest Annual Salary
48,640 BOB
Lowest Monthly Salary
4,053 BOB

Highest Annual Salary
142,300 BOB
Highest Monthly Salary
11,858 BOB

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

Accreditation Coordinator 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 Accreditation Coordinator Salaries in Cochabamba

So we've looked at the average salaries an Accreditation Coordinator will earn in Cochabamba. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Accreditation Coordinator can earn between 48,640 BOB and 142,300 BOB on average in Cochabamba. 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 Accreditation Coordinator in Cochabamba is 90,540 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 90,540 BOB, and 50% of the population earn more than 90,540 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 Accreditation Coordinator salary in Cochabamba, 25% of the population are earning less than 64,040 BOB while 75% of the population earn more than 64,040 BOB.

75% of the population earn less than 112,620 BOB, and 25% of the population earn more than 112,620 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.

Accreditation Coordinator Salary by Experience Level in Cochabamba

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 accreditation coordinator 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 Accreditation Coordinator in Cochabamba that has less than two years of experience can expect to earn somewhere in the region of 57,360 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Accreditation Coordinator salary would increase to 73,020 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as an Accreditation Coordinator, the average salary would be 98,140 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 117,440 BOB.
  • 15 - 20 Years Experience. An Accreditation Coordinator with 15 to 20 years of experience can earn an average of 129,000 BOB.
  • 20+ Years Experience. For an Accreditation Coordinator with more than 20 years, the expected average salary increases to 136,100 BOB.

Average Salary by Experience Chart

0-2 Years
57,360 BOB
2-5 Years +34%
73,020 BOB
5-10 Years +30%
98,140 BOB
10-15 Years +21%
117,440 BOB
15-20 Years +9%
129,000 BOB
20+ Years +5%
136,100 BOB

Accreditation Coordinator Salary by Education Level in Cochabamba

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 Accreditation Coordinator in Cochabamba based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. An Accreditation Coordinator in Cochabamba with a certificate or diploma education can earn an average salary of 68,320 BOB.

  • Bachelor's Degree. An Accreditation Coordinator in Cochabamba with a bachelor's degree education can earn an average salary of 127,700 BOB.

Average Salary by Education Chart

Certificate or Diploma
68,320 BOB
Bachelor's Degree +80%
127,700 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.

Accreditation Coordinator 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 Cochabamba, a male accreditation coordinator will earn an average of 91,960 BOB, while a female accreditation coordinator will earn around 84,880 BOB.

This means that a male accreditation coordinator earns approximately 8% more than a female accreditation coordinator for performing the same job.

Average Salary by Gender Chart in Cochabamba

Male
91,960 BOB
Female -8%
84,880 BOB

Accreditation Coordinator Average Pay Raise in Cochabamba

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 Accreditation Coordinator in Cochabamba is around 6% every 30 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 ÷ 30 ) × 12  = 2%

What this means is that an Accreditation Coordinator in Cochabamba can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Cochabamba 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%

Accreditation Coordinator Bonus and Incentive Rates in Cochabamba

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 Accreditation Coordinator is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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 0% to 4%.

Received Bonus
15%
No Bonus
85%

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 Accreditation Coordinator

In the table below, we have salary information for jobs that are similar to an Accreditation Coordinator in Cochabamba.

Job Title Category Salary
Accreditation Manager Law Enforcement / Security / Fire 129,000 BOB
Advocate Law Enforcement / Security / Fire 77,100 BOB
Armed Security Officer Law Enforcement / Security / Fire 77,620 BOB
Company Guard Law Enforcement / Security / Fire 36,160 BOB
Control Room Operator Law Enforcement / Security / Fire 34,240 BOB
Correctional Officer Law Enforcement / Security / Fire 58,860 BOB
Criminal Investigator Law Enforcement / Security / Fire 110,500 BOB
Facility Monitor Law Enforcement / Security / Fire 62,420 BOB
Fire Chief Law Enforcement / Security / Fire 113,700 BOB
Fire Dispatcher Law Enforcement / Security / Fire 57,320 BOB
Fire Education Specialist Law Enforcement / Security / Fire 92,900 BOB
Fire Extinguisher Technician Law Enforcement / Security / Fire 35,520 BOB
Fire Fighter Law Enforcement / Security / Fire 60,180 BOB
Fire Inspector Law Enforcement / Security / Fire 112,280 BOB
Fire Investigator Law Enforcement / Security / Fire 101,960 BOB
Fire Prevention Engineer Law Enforcement / Security / Fire 89,980 BOB
Fire Prevention Officer Law Enforcement / Security / Fire 80,340 BOB
Fire Protection Specialist Law Enforcement / Security / Fire 98,820 BOB
Forensic Investigator Law Enforcement / Security / Fire 105,080 BOB
Forensic Science Technician Law Enforcement / Security / Fire 111,900 BOB
Fraud and Forensic Specialist Law Enforcement / Security / Fire 108,340 BOB
Fraud Examiner Law Enforcement / Security / Fire 115,640 BOB
Grants Specialist Law Enforcement / Security / Fire 127,700 BOB
Intellectual Property Associate Law Enforcement / Security / Fire 97,460 BOB
Intelligence Research Specialist Law Enforcement / Security / Fire 169,000 BOB
Investigator Law Enforcement / Security / Fire 110,380 BOB
Jail Officer Law Enforcement / Security / Fire 47,580 BOB
Juvenile Probation Officer Law Enforcement / Security / Fire 73,820 BOB
Juvenile Supervision Officer Law Enforcement / Security / Fire 76,440 BOB
Lock-Smith Law Enforcement / Security / Fire 31,040 BOB
Parole Officer Law Enforcement / Security / Fire 55,940 BOB
Police Captain Law Enforcement / Security / Fire 134,600 BOB
Police Communications Officer Law Enforcement / Security / Fire 78,260 BOB
Police Officer Law Enforcement / Security / Fire 57,820 BOB
Police Patrol Officer Law Enforcement / Security / Fire 56,880 BOB
Prison Officer Law Enforcement / Security / Fire 48,140 BOB
Prisoner Custody Officer Law Enforcement / Security / Fire 38,780 BOB
Private Detective / Investigator Law Enforcement / Security / Fire 111,460 BOB
Security Adviser Law Enforcement / Security / Fire 113,280 BOB
Security Guard Law Enforcement / Security / Fire 28,680 BOB
Security Management Specialist Law Enforcement / Security / Fire 152,300 BOB
Security Manager Law Enforcement / Security / Fire 152,300 BOB
Security Officer Law Enforcement / Security / Fire 36,580 BOB
Security Supervisor Law Enforcement / Security / Fire 84,880 BOB
Security Systems Installer Law Enforcement / Security / Fire 84,880 BOB
Security Technician Law Enforcement / Security / Fire 37,620 BOB
Surveillance Operator Law Enforcement / Security / Fire 46,840 BOB
Traffic Controller Law Enforcement / Security / Fire 61,400 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
La Paz 90,540 BOB
Oruro 88,260 BOB
Potosi 80,020 BOB
Santa Cruz 99,560 BOB
Sucre 83,400 BOB

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