Average Business Analytics Specialist Salary in Dominican Republic for 2024

In this article, we will look at the average Business Analytics Specialist salary for 2024 in Dominican Republic 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 Dominican peso. To keep things simple, we are using the DOP currency code instead of the currency symbol $.

How Much Does a Business Analytics Specialist Make in Dominican Republic?

A Business Analytics Specialist working in Dominican Republic will typically earn around 183,600 DOP per year, and this can range from the lowest average salary of about 96,540 DOP to the highest average salary of 279,400 DOP.

Average Annual Salary
183,600 DOP
Average Monthly Salary
15,300 DOP

Lowest Annual Salary
96,540 DOP
Lowest Monthly Salary
8,045 DOP

Highest Annual Salary
279,400 DOP
Highest Monthly Salary
23,283 DOP

These are average salaries for a Business Analytics Specialist in Dominican Republic and include benefits such as housing and transport. It's also possible for a Business Analytics Specialist to earn more or less than the average salaries shown above.

Business Analytics Specialist 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 Business Analytics Specialist Salaries in Dominican Republic

So we've looked at the average salaries a Business Analytics Specialist will earn in Dominican Republic. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Analytics Specialist can earn between 96,540 DOP and 279,400 DOP on average in Dominican Republic. 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 a Business Analytics Specialist in Dominican Republic is 174,000 DOP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 174,000 DOP, and 50% of the population earn more than 174,000 DOP.

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 Business Analytics Specialist salary in Dominican Republic, 25% of the population are earning less than 119,900 DOP while 75% of the population earn more than 119,900 DOP.

75% of the population earn less than 217,900 DOP, and 25% of the population earn more than 217,900 DOP.

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.

Business Analytics Specialist Salary by Experience Level in Dominican Republic

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 business analytics specialist 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. A Business Analytics Specialist in Dominican Republic that has less than two years of experience can expect to earn somewhere in the region of 109,000 DOP.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Analytics Specialist salary would increase to 146,200 DOP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Analytics Specialist, the average salary would be 189,300 DOP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 227,600 DOP.
  • 15 - 20 Years Experience. A Business Analytics Specialist with 15 to 20 years of experience can earn an average of 251,500 DOP.
  • 20+ Years Experience. For a Business Analytics Specialist with more than 20 years, the expected average salary increases to 263,200 DOP.

Average Salary by Experience Chart

0-2 Years
109,000 DOP
2-5 Years +34%
146,200 DOP
5-10 Years +30%
189,300 DOP
10-15 Years +21%
227,600 DOP
15-20 Years +9%
251,500 DOP
20+ Years +5%
263,200 DOP

Business Analytics Specialist Salary by Education Level in Dominican Republic

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 a Business Analytics Specialist in Dominican Republic based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Business Analytics Specialist in Dominican Republic with a high school education can earn an average salary of 128,500 DOP.

  • Certificate or Diploma. A Business Analytics Specialist in Dominican Republic with a certificate or diploma education can earn an average salary of 150,000 DOP.

  • Bachelor's Degree. A Business Analytics Specialist in Dominican Republic with a bachelor's degree education can earn an average salary of 209,700 DOP.

  • Master's Degree. A Business Analytics Specialist in Dominican Republic with a master's degree education can earn an average salary of 254,700 DOP.

Average Salary by Education Chart

High School
128,500 DOP
Certificate or Diploma +14%
150,000 DOP
Bachelor's Degree +41%
209,700 DOP
Master's Degree +21%
254,700 DOP

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 Dominican Republic is around 99,300 to 298,000 DOP 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.

Business Analytics Specialist 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 Dominican Republic, a male business analytics specialist will earn an average of 192,000 DOP, while a female business analytics specialist will earn around 176,800 DOP.

This means that a male business analytics specialist earns approximately 9% more than a female business analytics specialist for performing the same job.

Average Salary by Gender Chart in Dominican Republic

Male
192,000 DOP
Female -9%
176,800 DOP

Business Analytics Specialist Average Pay Raise in Dominican Republic

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 a Business Analytics Specialist in Dominican Republic is around 11% every 18 months.

The national average pay raise across all professions and industries in Dominican Republic is around 8% every 18 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 = ( 11 ÷ 18 ) × 12  = 7%

What this means is that a Business Analytics Specialist in Dominican Republic can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Dominican Republic for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Business Analytics Specialist Bonus and Incentive Rates in Dominican Republic

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.

A Business Analytics Specialist is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.

49% 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 5%.

Received Bonus
51%
No Bonus
49%

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 Dominican Republic earn approximately 7% more than private sector employees in the same role.

Public Sector
247,800 DOP
Private Sector -7%
232,400 DOP

Salaries for Jobs Similar to a Business Analytics Specialist

In the table below, we have salary information for jobs that are similar to a Business Analytics Specialist in Dominican Republic.

Job Title Category Salary
Account Handler Marketing 204,700 DOP
Affiliate Manager Marketing 239,300 DOP
Analytics Specialist Marketing 180,500 DOP
Assistant Brand Manager Marketing 267,100 DOP
Assistant Product Manager Marketing 299,500 DOP
Associate Marketing Manager Marketing 312,400 DOP
Associate Product Manager Marketing 314,500 DOP
Brand Ambassador Marketing 341,900 DOP
Brand Director Marketing 420,800 DOP
Brand Executive Marketing 394,300 DOP
Brand Manager Marketing 384,200 DOP
Business Channel Manager Marketing 263,900 DOP
Business Intelligence Team Leader Marketing 268,900 DOP
Campaign Specialist Marketing 246,200 DOP
Chief Marketing Officer Marketing 440,200 DOP
Chief Product Officer Marketing 362,200 DOP
Communications Officer Marketing 130,400 DOP
Content Manager Marketing 208,600 DOP
Content Marketing Strategist Marketing 243,000 DOP
Copy Editer Marketing 159,400 DOP
Copy Writer Marketing 152,300 DOP
Creative Marketing Lead Marketing 261,300 DOP
Creative Writer Marketing 154,700 DOP
Digital Marketer Marketing 231,000 DOP
Digital Marketing Manager Marketing 320,500 DOP
Digital Marketing Strategist Marketing 313,700 DOP
Digital Media Specialist Marketing 282,500 DOP
Director of Marketing Marketing 437,900 DOP
Director of Research Marketing 319,600 DOP
eMarketing Manager Marketing 317,700 DOP
Event Marketing Marketing 325,800 DOP
Head of Executive Search Marketing 367,900 DOP
Key Affiliate Manager Marketing 308,300 DOP
Localization Manager Marketing 290,800 DOP
Market Development Executive Marketing 332,500 DOP
Market Development Manager Marketing 332,500 DOP
Market Research Analyst Marketing 261,300 DOP
Market Research Manager Marketing 301,300 DOP
Market Segmentation Director Marketing 327,300 DOP
Marketing Account Supervisor Marketing 251,500 DOP
Marketing Administrator Marketing 197,600 DOP
Marketing Advisor Marketing 251,500 DOP
Marketing Analyst Marketing 243,000 DOP
Marketing and Communications Officer Marketing 142,300 DOP
Marketing and Sales Head Marketing 437,900 DOP
Marketing Assistant Marketing 143,200 DOP
Marketing Associate Marketing 129,000 DOP
Marketing Communications Manager Marketing 277,400 DOP
Marketing Consultant Marketing 317,700 DOP
Marketing Coordinator Marketing 134,600 DOP
Marketing Director Marketing 433,400 DOP
Marketing Distribution Executive Marketing 340,000 DOP
Marketing Executive Marketing 335,800 DOP
Marketing Manager Marketing 420,800 DOP
Marketing Officer Marketing 142,300 DOP
Marketing Segment Manager Marketing 296,000 DOP
Marketing Specialist Marketing 196,800 DOP
Marketing Supervisor Marketing 261,300 DOP
Marketing Vice President Marketing 335,800 DOP
Marketing Writer Marketing 159,500 DOP
Online Marketing Analyst Marketing 222,300 DOP
Online Marketing Manager Marketing 294,700 DOP
Optimization Manager Marketing 271,300 DOP
Outbound Sales Marketing 192,600 DOP
Outreach Coordinator Marketing 172,400 DOP
Outreach Specialist Marketing 238,900 DOP
Product Development Marketing 297,000 DOP
Product Manager Marketing 345,700 DOP
Product Marketing Engineer Marketing 183,600 DOP
Product Marketing Executive Marketing 301,300 DOP
Product Marketing Manager Marketing 312,400 DOP
Product Researcher Marketing 161,300 DOP
Product Strategist Marketing 243,000 DOP
Product Strategy Researcher Marketing 243,000 DOP
Product Training Specialist Marketing 200,000 DOP
Project Manager Marketing 246,200 DOP
Publications Coordinator Marketing 138,800 DOP
Research Executive Marketing 297,000 DOP
Sales and Marketing Assistant Marketing 136,100 DOP
Sales and Marketing Coordinator Marketing 148,300 DOP
Sales and Marketing Director Marketing 406,300 DOP
Sales Director Marketing 398,300 DOP
Sales Management Support Marketing 150,000 DOP
Sales Manager Marketing 415,900 DOP
Search Marketing Strategist Marketing 332,100 DOP
Social Media Administrator Marketing 217,900 DOP
Social Media Specialist Marketing 233,900 DOP
Spaceman Analyst Marketing 124,400 DOP
Sponsorship Consultant Marketing 221,500 DOP
Team Leader Marketing 253,400 DOP
Telemarketer Marketing 117,600 DOP
Trade Marketing Executive Marketing 318,800 DOP
Trade Marketing Manager Marketing 314,500 DOP
Trade Marketing Professional Marketing 263,200 DOP
Trade Marketing Specialist Marketing 176,800 DOP
Web Analytics Manager Marketing 254,700 DOP
Web Content Manager Marketing 267,100 DOP

Salary Comparison by City

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

City Average Salary
Santo Domingo 207,800 DOP

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