Average Contracts Negotiator Salary in Chile for 2024

In this article, we will look at the average Contracts Negotiator salary for 2024 in Chile 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 Chilean peso. To keep things simple, we are using the CLP currency code instead of the currency symbol $.

How Much Does a Contracts Negotiator Make in Chile?

A Contracts Negotiator working in Chile will typically earn around 20,400,600 CLP per year, and this can range from the lowest average salary of about 9,385,400 CLP to the highest average salary of 32,398,700 CLP.

Average Annual Salary
20,400,600 CLP
Average Monthly Salary
1,700,050 CLP

Lowest Annual Salary
9,385,400 CLP
Lowest Monthly Salary
782,116 CLP

Highest Annual Salary
32,398,700 CLP
Highest Monthly Salary
2,699,891 CLP

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

Contracts Negotiator 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 Contracts Negotiator Salaries in Chile

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

Salary ranges

We already know that a Contracts Negotiator can earn between 9,385,400 CLP and 32,398,700 CLP on average in Chile. 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 Contracts Negotiator in Chile is 22,081,800 CLP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 22,081,800 CLP, and 50% of the population earn more than 22,081,800 CLP.

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 Contracts Negotiator salary in Chile, 25% of the population are earning less than 14,158,800 CLP while 75% of the population earn more than 14,158,800 CLP.

75% of the population earn less than 29,399,100 CLP, and 25% of the population earn more than 29,399,100 CLP.

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.

Contracts Negotiator Salary by Experience Level in Chile

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 contracts negotiator 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 Contracts Negotiator in Chile that has less than two years of experience can expect to earn somewhere in the region of 10,656,400 CLP.
  • 2 - 5 Years Experience. With two to five years of experience the average Contracts Negotiator salary would increase to 14,280,500 CLP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Contracts Negotiator, the average salary would be 20,999,200 CLP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 25,679,100 CLP.
  • 15 - 20 Years Experience. A Contracts Negotiator with 15 to 20 years of experience can earn an average of 27,960,400 CLP.
  • 20+ Years Experience. For a Contracts Negotiator with more than 20 years, the expected average salary increases to 30,240,200 CLP.

Average Salary by Experience Chart

0-2 Years
10,656,400 CLP
2-5 Years +34%
14,280,500 CLP
5-10 Years +48%
20,999,200 CLP
10-15 Years +22%
25,679,100 CLP
15-20 Years +9%
27,960,400 CLP
20+ Years +8%
30,240,200 CLP

Contracts Negotiator Salary by Education Level in Chile

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 Contracts Negotiator in Chile 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 Contracts Negotiator in Chile with a bachelor's degree education can earn an average salary of 12,361,500 CLP.

  • Master's Degree. A Contracts Negotiator in Chile with a master's degree education can earn an average salary of 23,878,400 CLP.

Average Salary by Education Chart

Bachelor's Degree
12,361,500 CLP
Master's Degree +93%
23,878,400 CLP

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 Chile is around 9,340,000 to 28,000,000 CLP 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.

Contracts Negotiator 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 Chile, a male contracts negotiator will earn an average of 21,361,700 CLP, while a female contracts negotiator will earn around 19,439,300 CLP.

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

Average Salary by Gender Chart in Chile

Male
21,361,700 CLP
Female -10%
19,439,300 CLP

Contracts Negotiator Average Pay Raise in Chile

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 Contracts Negotiator in Chile is around 10% every 18 months.

The national average pay raise across all professions and industries in Chile 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 ÷ 18 ) × 12  = 7%

What this means is that a Contracts Negotiator in Chile can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Chile for 2024

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

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%

Contracts Negotiator Bonus and Incentive Rates in Chile

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 Contracts Negotiator is a high bonus based job, with 82% of employees reporting at least one bonus in the last 12 months.

18% 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 5% to 9%.

Received Bonus
82%
No Bonus
18%

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

Public Sector
23,399,000 CLP
Private Sector -7%
21,841,900 CLP

Salaries for Jobs Similar to a Contracts Negotiator

In the table below, we have salary information for jobs that are similar to a Contracts Negotiator in Chile.

Job Title Category Salary
Administrative Law Judge Legal 59,518,100 CLP
Arbitrator Legal 27,721,300 CLP
Associate Attorney Legal 29,161,000 CLP
Attorney Legal 44,040,700 CLP
Bailiff Legal 13,679,300 CLP
Barrister Legal 11,617,300 CLP
Candidate Attorney Legal 24,718,600 CLP
Conciliator Legal 21,121,400 CLP
Contracts Associate Legal 14,519,400 CLP
Contracts Manager Legal 26,280,300 CLP
Contracts Specialist Legal 13,679,300 CLP
Conveyancing Secretary Legal 11,580,300 CLP
Corporate Counsel Legal 31,800,300 CLP
Counsel Legal 32,879,500 CLP
Court Clerk Legal 9,792,100 CLP
Court Judicial Assistant Legal 17,039,100 CLP
Court Liaison Specialist Legal 18,598,500 CLP
Court Reporter Legal 16,439,200 CLP
Court Representative Legal 13,441,600 CLP
Crown Prosecution Service Lawyer Legal 58,319,900 CLP
General Counsel Legal 55,678,400 CLP
Immigration Executive Legal 29,161,000 CLP
In House Counsel Legal 31,320,700 CLP
Intellectual Property Specialist Legal 21,478,100 CLP
Judge Advocate Legal 47,880,300 CLP
Law Clerk Legal 10,162,800 CLP
Lawyer Legal 41,520,800 CLP
Legal Administrative Assistant Legal 12,239,700 CLP
Legal Advisor Legal 26,040,800 CLP
Legal Assistant Legal 11,197,500 CLP
Legal Associate Legal 19,678,200 CLP
Legal Consultant Legal 27,118,300 CLP
Legal Consultant Legal 28,200,200 CLP
Legal Counsel Legal 32,639,300 CLP
Legal Editor Legal 20,281,100 CLP
Legal Executive Legal 39,960,800 CLP
Legal Executive Secretary Legal 11,699,900 CLP
Legal IP Officer Legal 10,584,800 CLP
Legal Officer Legal 14,038,300 CLP
Legal Secretary Legal 11,867,000 CLP
Legal Services Director Legal 50,158,700 CLP
Legal Services Manager Legal 51,598,300 CLP
Legal Support Worker Legal 8,329,200 CLP
Legislative Liaison Legal 21,241,100 CLP
Litigation Attorney Legal 53,278,500 CLP
Litigation Paralegal Legal 25,561,400 CLP
Magistrate Judge Legal 68,639,200 CLP
Paralegal Legal 16,679,800 CLP
Patent Attorney Legal 34,319,800 CLP
Staff Attorney Legal 34,441,600 CLP

Salary Comparison by City

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

City Average Salary
Antofagasta 21,478,100 CLP
Concepcion 17,640,500 CLP
La Florida 20,639,100 CLP
Las Condes 19,799,400 CLP
Maipu 22,558,900 CLP
Penalolen 18,001,100 CLP
Puente Alto 22,198,500 CLP
Rancagua 17,879,000 CLP
San Bernardo 20,038,100 CLP
Santiago 22,681,800 CLP
Temuco 18,479,600 CLP
Valparaiso 20,999,200 CLP
Vina del Mar 21,121,400 CLP

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