Average Change Impact Analyst Salary in Belize for 2024

In this article, we will look at the average Change Impact Analyst salary for 2024 in Belize 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 Belize dollar. To keep things simple, we are using the BZD currency code instead of the currency symbol $.

How Much Does a Change Impact Analyst Make in Belize?

A Change Impact Analyst working in Belize will typically earn around 55,820 BZD per year, and this can range from the lowest average salary of about 31,540 BZD to the highest average salary of 88,260 BZD.

These are average salaries for a Change Impact Analyst in Belize and include benefits such as housing and transport. It's also possible for a Change Impact Analyst to earn more or less than the average salaries shown above.

Change Impact Analyst 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 Change Impact Analyst Salaries in Belize

So we've looked at the average salaries a Change Impact Analyst will earn in Belize. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Change Impact Analyst can earn between 31,540 BZD and 88,260 BZD on average in Belize. 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 Change Impact Analyst in Belize is 55,940 BZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 55,940 BZD, and 50% of the population earn more than 55,940 BZD.

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 Change Impact Analyst salary in Belize, 25% of the population are earning less than 39,640 BZD while 75% of the population earn more than 39,640 BZD.

75% of the population earn less than 68,580 BZD, and 25% of the population earn more than 68,580 BZD.

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.

Change Impact Analyst Salary by Experience Level in Belize

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 change impact analyst 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 Change Impact Analyst in Belize that has less than two years of experience can expect to earn somewhere in the region of 32,420 BZD.
• 2 - 5 Years Experience. With two to five years of experience the average Change Impact Analyst salary would increase to 46,840 BZD.
• 5 - 10 Years Experience. From five to ten years of experience as a Change Impact Analyst, the average salary would be 60,400 BZD.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 72,360 BZD.
• 15 - 20 Years Experience. A Change Impact Analyst with 15 to 20 years of experience can earn an average of 79,360 BZD.
• 20+ Years Experience. For a Change Impact Analyst with more than 20 years, the expected average salary increases to 80,540 BZD.

Average Salary by Experience Chart

Change Impact Analyst Salary by Education Level in Belize

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 Change Impact Analyst in Belize 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 Change Impact Analyst in Belize with a high school education can earn an average salary of 38,780 BZD.

• Certificate or Diploma. A Change Impact Analyst in Belize with a certificate or diploma education can earn an average salary of 48,340 BZD.

• Bachelor's Degree. A Change Impact Analyst in Belize with a bachelor's degree education can earn an average salary of 64,200 BZD.

• Master's Degree. A Change Impact Analyst in Belize with a master's degree education can earn an average salary of 78,400 BZD.

Average Salary by Education Chart

Change Impact Analyst 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 Belize, a male change impact analyst will earn an average of 61,400 BZD, while a female change impact analyst will earn around 56,880 BZD.

This means that a male change impact analyst earns approximately 8% more than a female change impact analyst for performing the same job.

Average Salary by Gender Chart in Belize

Change Impact Analyst Average Pay Raise in Belize

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 Change Impact Analyst in Belize is around 10% every 27 months.

The national average pay raise across all professions and industries in Belize 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 = ( 10 ÷ 27 ) × 12  = 4%

What this means is that a Change Impact Analyst in Belize can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Belize for 2024

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

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

Change Impact Analyst Bonus and Incentive Rates in Belize

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 Change Impact Analyst is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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%.

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 Belize earn approximately 23% more than private sector employees in the same role.

Salaries for Jobs Similar to a Change Impact Analyst

In the table below, we have salary information for jobs that are similar to a Change Impact Analyst in Belize.

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!