Average Colour Technologist Salary in Bolivia for 2024

In this article, we will look at the average Colour Technologist 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 a Colour Technologist Make in Bolivia?

A Colour Technologist working in Bolivia will typically earn around 34,960 BOB per year, and this can range from the lowest average salary of about 17,620 BOB to the highest average salary of 54,700 BOB.

Average Annual Salary
34,960 BOB
Average Monthly Salary
2,913 BOB

Lowest Annual Salary
17,620 BOB
Lowest Monthly Salary
1,468 BOB

Highest Annual Salary
54,700 BOB
Highest Monthly Salary
4,558 BOB

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

Colour Technologist 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 Colour Technologist Salaries in Bolivia

So we've looked at the average salaries a Colour Technologist will earn in Bolivia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Colour Technologist can earn between 17,620 BOB and 54,700 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 a Colour Technologist in Bolivia is 36,020 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 36,020 BOB, and 50% of the population earn more than 36,020 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 Colour Technologist salary in Bolivia, 25% of the population are earning less than 23,480 BOB while 75% of the population earn more than 23,480 BOB.

75% of the population earn less than 49,360 BOB, and 25% of the population earn more than 49,360 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.

Colour Technologist 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 colour technologist 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 Colour Technologist in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 20,120 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Colour Technologist salary would increase to 24,720 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Colour Technologist, the average salary would be 38,140 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 46,280 BOB.
  • 15 - 20 Years Experience. A Colour Technologist with 15 to 20 years of experience can earn an average of 45,600 BOB.
  • 20+ Years Experience. For a Colour Technologist with more than 20 years, the expected average salary increases to 51,400 BOB.

Average Salary by Experience Chart

0-2 Years
20,120 BOB
2-5 Years +38%
24,720 BOB
5-10 Years +42%
38,140 BOB
10-15 Years +22%
46,280 BOB
15-20 Years +6%
45,600 BOB
20+ Years +9%
51,400 BOB

Colour Technologist 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 a Colour Technologist 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. A Colour Technologist in Bolivia with a high school education can earn an average salary of 22,540 BOB.

  • Certificate or Diploma. A Colour Technologist in Bolivia with a certificate or diploma education can earn an average salary of 35,560 BOB.

  • Bachelor's Degree. A Colour Technologist in Bolivia with a bachelor's degree education can earn an average salary of 52,460 BOB.

Average Salary by Education Chart

High School
22,540 BOB
Certificate or Diploma +51%
35,560 BOB
Bachelor's Degree +50%
52,460 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.

Colour Technologist 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 colour technologist will earn an average of 37,620 BOB, while a female colour technologist will earn around 34,160 BOB.

This means that a male colour technologist earns approximately 10% more than a female colour technologist for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
37,620 BOB
Female -10%
34,160 BOB

Colour Technologist 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 a Colour Technologist in Bolivia is around 5% every 29 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that a Colour Technologist in Bolivia can expect to receive an average pay raise of around 2% 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%

Colour Technologist 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.

A Colour Technologist is a low bonus based job, with 14% of employees reporting at least one bonus in the last 12 months.

86% 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
14%
No Bonus
86%

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 a Colour Technologist

In the table below, we have salary information for jobs that are similar to a Colour Technologist in Bolivia.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 27,020 BOB
Assembly Line Worker Factory and Manufacturing 30,800 BOB
Assembly Supervisor Factory and Manufacturing 46,400 BOB
Assistance Maintenance Manager Factory and Manufacturing 106,360 BOB
Assistant Shipping Manager Factory and Manufacturing 89,980 BOB
Chemical Equipment Controller Factory and Manufacturing 72,360 BOB
Chemical Technican Apprentice Factory and Manufacturing 57,900 BOB
CNC Machinist Factory and Manufacturing 67,900 BOB
CNC Operator Factory and Manufacturing 58,000 BOB
CNC Programmer Factory and Manufacturing 66,680 BOB
Contracts Manager Factory and Manufacturing 127,700 BOB
Data Collection Coordinator Factory and Manufacturing 48,200 BOB
Demand Planner Factory and Manufacturing 41,180 BOB
Derrick Operator Factory and Manufacturing 28,860 BOB
Director of Manufacturing Factory and Manufacturing 172,200 BOB
Dock Worker Factory and Manufacturing 25,160 BOB
Drying Technician Factory and Manufacturing 28,900 BOB
Equipment Operator Factory and Manufacturing 28,180 BOB
Export Sales Coordinator Factory and Manufacturing 87,760 BOB
Factory Superintendent Factory and Manufacturing 47,540 BOB
Factory Worker Factory and Manufacturing 31,180 BOB
Failure Analysis Technician Factory and Manufacturing 45,260 BOB
Fiberglass Laminator Factory and Manufacturing 31,380 BOB
Food Technologist Factory and Manufacturing 52,880 BOB
Forklift Driver Factory and Manufacturing 29,840 BOB
Forklift Operator Factory and Manufacturing 32,020 BOB
Forming Machine Operator Factory and Manufacturing 31,940 BOB
Furnace Operator Factory and Manufacturing 29,640 BOB
Gas Appliance Repairer Factory and Manufacturing 31,660 BOB
General Warehouse Associate Factory and Manufacturing 49,200 BOB
Heavy Equipment Operator Factory and Manufacturing 38,180 BOB
HSE Manager Factory and Manufacturing 127,700 BOB
Industrial Engineer Factory and Manufacturing 90,660 BOB
Industrial Machinery Mechanic Factory and Manufacturing 58,240 BOB
Industrial Production Manager Factory and Manufacturing 172,200 BOB
Industrial Safety and Health Engineer Factory and Manufacturing 96,720 BOB
Intake Operator Factory and Manufacturing 40,560 BOB
Key Account Manager Factory and Manufacturing 139,100 BOB
Lift Truck Operator Factory and Manufacturing 30,700 BOB
Loading Supervisor Factory and Manufacturing 48,300 BOB
Logistic Coordinator Factory and Manufacturing 73,800 BOB
Logistics Clerk Factory and Manufacturing 36,580 BOB
Machine Operator Factory and Manufacturing 29,540 BOB
Machinist Factory and Manufacturing 31,540 BOB
Maintenance Manager Factory and Manufacturing 112,180 BOB
Maintenance Store Clerk Factory and Manufacturing 32,200 BOB
Manufacturing Engineer Factory and Manufacturing 89,460 BOB
Manufacturing Engineering Manager Factory and Manufacturing 138,200 BOB
Manufacturing Engineering Technologist Factory and Manufacturing 106,160 BOB
Manufacturing Manager Factory and Manufacturing 161,300 BOB
Manufacturing Operative Factory and Manufacturing 49,200 BOB
Manufacturing Production Technician Factory and Manufacturing 40,140 BOB
Manufacturing Supervisor Factory and Manufacturing 81,880 BOB
Manufacturing Technician Factory and Manufacturing 35,300 BOB
Materials Manager Factory and Manufacturing 129,000 BOB
Materials Supervisor Factory and Manufacturing 84,740 BOB
Mechanical Fitter Engineer Factory and Manufacturing 101,020 BOB
Mechanical Foreman Factory and Manufacturing 28,660 BOB
Merchandise Planner Factory and Manufacturing 50,660 BOB
Metrology Engineer Factory and Manufacturing 84,880 BOB
Operations Engineer Factory and Manufacturing 90,620 BOB
Operations Manager Factory and Manufacturing 152,100 BOB
Order Management Coordinator Factory and Manufacturing 73,820 BOB
Order Processing Manager Factory and Manufacturing 123,400 BOB
Order Selector Factory and Manufacturing 35,000 BOB
Package Handler Factory and Manufacturing 25,660 BOB
Packaging Manager Factory and Manufacturing 94,800 BOB
Packer Factory and Manufacturing 30,840 BOB
Packing Deputy Supervisor Factory and Manufacturing 74,300 BOB
Planning Manager Factory and Manufacturing 136,100 BOB
Plant Manager Factory and Manufacturing 150,000 BOB
Precision Instrument Repairer Factory and Manufacturing 44,140 BOB
Process Technician Factory and Manufacturing 38,140 BOB
Product Manager Factory and Manufacturing 158,700 BOB
Production Analyst Factory and Manufacturing 127,700 BOB
Production Director Factory and Manufacturing 174,000 BOB
Production Engineer Factory and Manufacturing 93,660 BOB
Production Engineering Supervisor Factory and Manufacturing 139,100 BOB
Production Inspector Factory and Manufacturing 103,140 BOB
Production Laborer Factory and Manufacturing 26,100 BOB
Production Manager Factory and Manufacturing 172,200 BOB
Production Operator Factory and Manufacturing 39,960 BOB
Production Scheduler Factory and Manufacturing 73,260 BOB
Production Supervisor Factory and Manufacturing 93,220 BOB
Production Technician Factory and Manufacturing 43,480 BOB
Production Worker Factory and Manufacturing 38,180 BOB
Quality Control Analyst Factory and Manufacturing 127,700 BOB
Quality Control Inspector Factory and Manufacturing 96,520 BOB
Quality Control Manager Factory and Manufacturing 128,900 BOB
Service Technician Factory and Manufacturing 38,180 BOB
SHEQ Officer Factory and Manufacturing 44,720 BOB
Shipping Manager Factory and Manufacturing 142,300 BOB
Small Engine Mechanic Factory and Manufacturing 49,020 BOB
Spray Painter Factory and Manufacturing 27,480 BOB
Sterile Processing Technician Factory and Manufacturing 33,980 BOB
Structural Welder Factory and Manufacturing 24,860 BOB
Supply Chain Operative Factory and Manufacturing 80,840 BOB
Technical Operator Factory and Manufacturing 39,640 BOB
Technology Development Manager Factory and Manufacturing 158,700 BOB
Testing Technician Factory and Manufacturing 68,360 BOB
Toolmaker Factory and Manufacturing 48,140 BOB
Warehouse Forklift Operator Factory and Manufacturing 31,180 BOB
Warehouse Operative Factory and Manufacturing 29,600 BOB
Warehouse Worker Factory and Manufacturing 33,440 BOB
Warranty Handler Factory and Manufacturing 51,900 BOB
Welder Factory and Manufacturing 27,480 BOB
Workshop Manager Factory and Manufacturing 107,880 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 39,080 BOB
La Paz 37,740 BOB
Oruro 37,740 BOB
Potosi 34,160 BOB
Santa Cruz 39,640 BOB
Sucre 34,240 BOB

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