Average Consultant Salary in Buenaventura, Colombia for 2026

In this article, we will look at the average Consultant salary for 2026 in Buenaventura 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 Colombian peso. To keep things simple, we are using the COP currency code instead of the currency symbol $.

How Much Does a Consultant Make in Buenaventura?

A Consultant working in Buenaventura will typically earn around 54,118,500 COP per year, and this can range from the lowest average salary of about 27,001,700 COP to the highest average salary of 83,880,500 COP.

Average Annual Salary54,118,500 COP
Average Monthly Salary4,509,875 COP
Average Lowest Salary27,001,700 COP
Lowest Monthly Salary2,250,141 COP
Average Highest Salary83,880,500 COP
Highest Monthly Salary6,990,041 COP

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

Consultant 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 Consultant Salaries in Buenaventura

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

Salary ranges

We already know that a Consultant can earn between 27,001,700 COP and 83,880,500 COP on average in Buenaventura. 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 Consultant in Buenaventura is 54,118,500 COP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 54,118,500 COP, and 50% of the population earn more than 54,118,500 COP.

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 Consultant salary in Buenaventura, 25% of the population are earning less than 36,480,500 COP while 75% of the population earn more than 36,480,500 COP.

75% of the population earn less than 69,001,000 COP, and 25% of the population earn more than 69,001,000 COP.

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.

Consultant Salary by Experience Level in Buenaventura

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 Consultant 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 Consultant in Buenaventura that has less than two years of experience can expect to earn somewhere in the region of 32,398,700 COP.
  • 2 - 5 Years Experience. With two to five years of experience the average Consultant salary would increase to 42,959,900 COP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Consultant, the average salary would be 57,479,000 COP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 68,518,700 COP.
  • 15 - 20 Years Experience. A Consultant with 15 to 20 years of experience can earn an average of 73,920,200 COP.
  • 20+ Years Experience. For a Consultant with more than 20 years, the expected average salary increases to 79,319,400 COP.

Average Salary by Experience Chart

0-2 Years-
32,398,700 COP
2-5 Years+32%
42,959,900 COP
5-10 Years+34%
57,479,000 COP
10-15 Years+19%
68,518,700 COP
15-20 Years+8%
73,920,200 COP
20+ Years+7%
79,319,400 COP

Consultant Salary by Education Level in Buenaventura

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

  • Bachelor's Degree. A Consultant in Buenaventura with a bachelor's degree education can earn an average salary of 46,319,900 COP.
  • Master's Degree. A Consultant in Buenaventura with a master's degree education can earn an average salary of 73,081,700 COP.

Average Salary by Education Chart

Bachelor's Degree-
46,319,900 COP
Master's Degree+58%
73,081,700 COP

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 Colombia is around 23,500,000 to 70,400,000 COP 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.

Consultant 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 Buenaventura, a male consultant will earn an average of 61,080,900 COP, while a female consultant will earn around 53,398,300 COP.

This means that a male consultant earns approximately 14% more than a female consultant for performing the same job.

Average Salary by Gender Chart in Buenaventura

Male-
61,080,900 COP
Female-14%
53,398,300 COP

Consultant Average Pay Raise in Buenaventura

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 Consultant in Buenaventura is around 10% every 19 months.

The national average pay raise across all professions and industries in Colombia is around 7% every 19 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 ÷ 19 ) × 12  = 6%

What this means is that a Consultant in Buenaventura can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Buenaventura for 2026

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

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

Banking-
2%
Energy-
4%
Information Technology-
6%
Healthcare-
8%
Travel-
1%
Construction-
3%
Education-
5%

Consultant Bonus and Incentive Rates in Buenaventura

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 Consultant 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 6%.

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 Colombia earn approximately 11% more than private sector employees in the same role.

Public Sector-
58,559,300 COP
Private Sector-11%
52,800,100 COP

Salaries for Jobs Similar to a Consultant

In the table below, we have salary information for jobs that are similar to a Consultant in Buenaventura.

Job TitleCategorySalary
Actuarial AnalystInsurance76,921,100 COP
Actuarial AssistantInsurance51,238,900 COP
Actuarial SpecialistInsurance54,479,300 COP
ActuaryInsurance78,241,300 COP
Adjustment Insurance ClerkInsurance20,400,600 COP
Assistant BrokerInsurance36,240,700 COP
Assistant Claims ManagerInsurance61,080,900 COP
Associate Insurance RepresentativeInsurance30,479,000 COP
Auditing Insurance ManagerInsurance85,440,100 COP
BrokerInsurance57,841,700 COP
Claim Advocacy ProfessionalInsurance58,199,900 COP
Claims AdjusterInsurance20,281,100 COP
Claims AnalystInsurance29,761,800 COP
Claims ExaminerInsurance28,200,200 COP
Claims ManagerInsurance80,158,500 COP
Claims ProcessorInsurance20,038,100 COP
Claims RepresentativeInsurance24,958,800 COP
Claims Resolution SpecialistInsurance59,281,600 COP
Claims SupervisorInsurance55,921,200 COP
Complaints SpecialistInsurance50,759,100 COP
Compliance ExaminerInsurance54,239,900 COP
Compliance OfficerInsurance43,680,700 COP
Compliance ReviewerInsurance50,759,100 COP
Eligibility InterviewerInsurance60,720,600 COP
Eligibility SpecialistInsurance59,281,600 COP
Insurance Account ManagerInsurance68,639,200 COP
Insurance Accounts ExecutiveInsurance61,799,000 COP
Insurance AdjusterInsurance53,158,700 COP
Insurance AgentInsurance33,119,100 COP
Insurance AnalystInsurance54,961,400 COP
Insurance AppraiserInsurance54,000,800 COP
Insurance Claims ClerkInsurance20,999,200 COP
Insurance ExaminerInsurance54,239,900 COP
Insurance InvestigatorInsurance52,918,800 COP
Insurance ManagerInsurance95,759,900 COP
Insurance Operations ManagerInsurance98,761,000 COP
Insurance Policy Processing ClerkInsurance21,841,900 COP
Insurance Pricing AssistantInsurance43,680,700 COP
Insurance Program ManagerInsurance75,479,500 COP
Insurance Project ManagerInsurance72,718,100 COP
Insurance Quality Assurance AgentInsurance48,961,500 COP
Insurance Sales AgentInsurance33,240,500 COP
Insurance Sales DirectorInsurance89,041,300 COP
Insurance Sales ManagerInsurance70,801,500 COP
Insurance Sales RepresentativeInsurance30,479,000 COP
Insurance Team LeaderInsurance61,678,300 COP
Insurance UnderwriterInsurance43,081,400 COP
Loss Control SpecialistInsurance52,201,800 COP
Loss Prevention InvestigatorInsurance58,919,600 COP
Loss Prevention ManagerInsurance78,241,300 COP
Loss Prevention SpecialistInsurance59,999,100 COP
Marine UnderwriterInsurance42,000,700 COP
Medical AuditorInsurance56,520,500 COP
Monitoring and Performance OfficerInsurance40,921,600 COP
Payment Services SpecialistInsurance56,879,200 COP
Policy Change DirectorInsurance91,679,200 COP
Policy Change SupervisorInsurance60,119,800 COP
Policy Change TechnicianInsurance28,200,200 COP
Risk AnalystInsurance64,801,300 COP
Risk Management DirectorInsurance106,439,300 COP
Risk Management SupervisorInsurance72,119,000 COP
Risk ManagerInsurance101,759,700 COP
Risk Modeling ManagerInsurance106,681,000 COP
Title Insurance TypistInsurance46,800,400 COP
Training ManagerInsurance63,241,900 COP

Salary Comparison by City

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

CityAverage Salary
Barranquilla62,759,250 COP
Bello61,979,300 COP
Bogota65,640,650 COP
Bucaramanga63,960,300 COP
Cartagena63,839,450 COP
Cucuta64,860,050 COP
Ibague63,538,950 COP
Manizales57,360,000 COP
Medellin66,721,850 COP
Monteria60,299,850 COP
Neiva55,380,100 COP
Pereira59,579,100 COP
Santa Marta59,640,450 COP
Soacha64,680,450 COP
Soledad65,700,800 COP
Valledupar58,560,200 COP
Villavicencio61,920,900 COP

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