Average Commercial Leasing Manager Salary in Bolivia for 2024

In this article, we will look at the average Commercial Leasing Manager 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 Commercial Leasing Manager Make in Bolivia?

A Commercial Leasing Manager working in Bolivia will typically earn around 176,800 BOB per year, and this can range from the lowest average salary of about 91,560 BOB to the highest average salary of 272,800 BOB.

Average Annual Salary
176,800 BOB
Average Monthly Salary
14,733 BOB

Lowest Annual Salary
91,560 BOB
Lowest Monthly Salary
7,630 BOB

Highest Annual Salary
272,800 BOB
Highest Monthly Salary
22,733 BOB

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

Commercial Leasing Manager 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 Commercial Leasing Manager Salaries in Bolivia

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

Salary ranges

We already know that a Commercial Leasing Manager can earn between 91,560 BOB and 272,800 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 Commercial Leasing Manager in Bolivia is 172,400 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 172,400 BOB, and 50% of the population earn more than 172,400 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 Commercial Leasing Manager salary in Bolivia, 25% of the population are earning less than 119,560 BOB while 75% of the population earn more than 119,560 BOB.

75% of the population earn less than 216,800 BOB, and 25% of the population earn more than 216,800 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.

Commercial Leasing Manager 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 commercial leasing manager 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 Commercial Leasing Manager in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 100,280 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Commercial Leasing Manager salary would increase to 130,400 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commercial Leasing Manager, the average salary would be 183,700 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 218,900 BOB.
  • 15 - 20 Years Experience. A Commercial Leasing Manager with 15 to 20 years of experience can earn an average of 239,000 BOB.
  • 20+ Years Experience. For a Commercial Leasing Manager with more than 20 years, the expected average salary increases to 259,100 BOB.

Average Salary by Experience Chart

0-2 Years
100,280 BOB
2-5 Years +31%
130,400 BOB
5-10 Years +40%
183,700 BOB
10-15 Years +20%
218,900 BOB
15-20 Years +9%
239,000 BOB
20+ Years +8%
259,100 BOB

Commercial Leasing Manager 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 Commercial Leasing Manager 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 Commercial Leasing Manager in Bolivia with a high school education can earn an average salary of 119,700 BOB.

  • Certificate or Diploma. A Commercial Leasing Manager in Bolivia with a certificate or diploma education can earn an average salary of 138,200 BOB.

  • Bachelor's Degree. A Commercial Leasing Manager in Bolivia with a bachelor's degree education can earn an average salary of 194,600 BOB.

  • Master's Degree. A Commercial Leasing Manager in Bolivia with a master's degree education can earn an average salary of 249,600 BOB.

Average Salary by Education Chart

High School
119,700 BOB
Certificate or Diploma +15%
138,200 BOB
Bachelor's Degree +41%
194,600 BOB
Master's Degree +29%
249,600 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.

Commercial Leasing Manager 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 commercial leasing manager will earn an average of 183,700 BOB, while a female commercial leasing manager will earn around 167,100 BOB.

This means that a male commercial leasing manager earns approximately 10% more than a female commercial leasing manager for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
183,700 BOB
Female -10%
167,100 BOB

Commercial Leasing Manager 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 Commercial Leasing Manager in Bolivia is around 9% 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 = ( 9 ÷ 30 ) × 12  = 4%

What this means is that a Commercial Leasing Manager in Bolivia can expect to receive an average pay raise of around 4% 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%

Commercial Leasing Manager 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 Commercial Leasing Manager is a moderate bonus based job, with 63% of employees reporting at least one bonus in the last 12 months.

37% 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 6% to 8%.

Received Bonus
63%
No Bonus
37%

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 Commercial Leasing Manager

In the table below, we have salary information for jobs that are similar to a Commercial Leasing Manager in Bolivia.

Job Title Category Salary
Acquisition Associate Real Estate 83,640 BOB
Assistant Leasing Manager Real Estate 105,440 BOB
Assistant Property Manager Real Estate 112,180 BOB
Brokerage Real Estate 83,140 BOB
Brokerage Clerk Real Estate 43,760 BOB
Commercial Real Estate Manager Real Estate 192,000 BOB
Community Development Manager Real Estate 172,200 BOB
Compliance Specialist Real Estate 80,540 BOB
Development Coordinator Real Estate 83,060 BOB
Director of Real Estate Real Estate 200,000 BOB
Lease Administrator Real Estate 106,440 BOB
Leasing Agent Real Estate 93,880 BOB
Leasing Consultant Real Estate 107,580 BOB
Leasing Manager Real Estate 115,640 BOB
Lettings Assistant Real Estate 40,600 BOB
Portfolio Analyst Real Estate 148,300 BOB
Portfolio Manager Real Estate 204,000 BOB
Property Acquisition Agent Real Estate 77,060 BOB
Property and Claims Specialist Real Estate 104,920 BOB
Property Manager Real Estate 129,000 BOB
Property Operations Manager Real Estate 187,300 BOB
Property Tax Assistant Real Estate 89,280 BOB
Real Estate Administrator Real Estate 94,400 BOB
Real Estate Agent Real Estate 88,600 BOB
Real Estate Analyst Real Estate 117,860 BOB
Real Estate Appraiser Real Estate 87,760 BOB
Real Estate Appraiser Real Estate 96,540 BOB
Real Estate Appraiser Real Estate 96,560 BOB
Real Estate Assistant Real Estate 80,060 BOB
Real Estate Association Manager Real Estate 114,000 BOB
Real Estate Broker Real Estate 86,520 BOB
Real Estate General Manager Real Estate 172,200 BOB
Real Estate Project Director Real Estate 164,200 BOB
Real Estate Project Manager Real Estate 159,400 BOB
Real Estate Sales Agent Real Estate 91,380 BOB
Real Estate Valuer Real Estate 96,500 BOB
Research Analyst Real Estate 86,460 BOB
Residential Advisor Real Estate 103,580 BOB
Residential Property Manager Real Estate 117,440 BOB
Shopping Center Manager Real Estate 189,300 BOB
Town Planner Real Estate 185,100 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 180,500 BOB
La Paz 197,600 BOB
Oruro 183,600 BOB
Potosi 163,800 BOB
Santa Cruz 191,600 BOB
Sucre 175,900 BOB

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