Average Day Care Director Salary in Bolivia for 2024

In this article, we will look at the average Day Care Director 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 Day Care Director Make in Bolivia?

A Day Care Director working in Bolivia will typically earn around 174,000 BOB per year, and this can range from the lowest average salary of about 87,940 BOB to the highest average salary of 272,800 BOB.

Average Annual Salary
174,000 BOB
Average Monthly Salary
14,500 BOB

Lowest Annual Salary
87,940 BOB
Lowest Monthly Salary
7,328 BOB

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

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

Day Care Director 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 Day Care Director Salaries in Bolivia

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

Salary ranges

We already know that a Day Care Director can earn between 87,940 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 Day Care Director 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 Day Care Director salary in Bolivia, 25% of the population are earning less than 115,940 BOB while 75% of the population earn more than 115,940 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.

Day Care Director 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 day care director 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 Day Care Director in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 101,840 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Day Care Director salary would increase to 128,900 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Day Care Director, 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 Day Care Director with 15 to 20 years of experience can earn an average of 239,000 BOB.
  • 20+ Years Experience. For a Day Care Director with more than 20 years, the expected average salary increases to 259,100 BOB.

Average Salary by Experience Chart

0-2 Years
101,840 BOB
2-5 Years +31%
128,900 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

Day Care Director 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 Day Care Director in Bolivia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Day Care Director in Bolivia with a certificate or diploma education can earn an average salary of 119,700 BOB.

  • Bachelor's Degree. A Day Care Director in Bolivia with a bachelor's degree education can earn an average salary of 138,800 BOB.

  • Master's Degree. A Day Care Director in Bolivia with a master's degree education can earn an average salary of 195,200 BOB.

  • PhD. A Day Care Director in Bolivia with a phd education can earn an average salary of 249,600 BOB.

Average Salary by Education Chart

Certificate or Diploma
119,700 BOB
Bachelor's Degree +17%
138,800 BOB
Master's Degree +40%
195,200 BOB
PhD +28%
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.

Day Care Director 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 day care director will earn an average of 167,100 BOB, while a female day care director will earn around 183,700 BOB.

This means that a male day care director earns approximately 9% less than a female day care director for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
167,100 BOB
Female +9%
183,700 BOB

Day Care Director 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 Day Care Director 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 Day Care Director 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%

Day Care Director 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 Day Care Director 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 Day Care Director

In the table below, we have salary information for jobs that are similar to a Day Care Director in Bolivia.

Job Title Category Salary
Activity Assistant Care Giving and Child Care 36,800 BOB
Advice Worker Care Giving and Child Care 42,040 BOB
Care Manager Care Giving and Child Care 125,700 BOB
Care Worker Care Giving and Child Care 33,520 BOB
Child Care Assistant Director Care Giving and Child Care 95,980 BOB
Child Care Specialist Care Giving and Child Care 151,800 BOB
Child Care Teacher Care Giving and Child Care 44,180 BOB
Child Development Center Assistant Care Giving and Child Care 60,920 BOB
Child Development Specialist Care Giving and Child Care 139,100 BOB
Child Life Specialist Care Giving and Child Care 142,300 BOB
Child Protection Officer Care Giving and Child Care 48,560 BOB
Child Psychotherapist Care Giving and Child Care 169,000 BOB
Child Support Officer Care Giving and Child Care 43,080 BOB
Clinical Care Coordinator Care Giving and Child Care 46,980 BOB
Clinical Officer Care Giving and Child Care 43,340 BOB
Custodian Care Giving and Child Care 69,540 BOB
Elderly Care Giver Care Giving and Child Care 38,260 BOB
Group Home Manager Care Giving and Child Care 172,400 BOB
Kids Activity Assistant Care Giving and Child Care 34,980 BOB
Live In Carer Care Giving and Child Care 40,640 BOB
Nanny Care Giving and Child Care 42,320 BOB
Nursery Nurse Care Giving and Child Care 45,560 BOB
Nursery Teacher Care Giving and Child Care 40,420 BOB
Nursing Home Administrator Care Giving and Child Care 55,580 BOB
Personal Assistant Care Giving and Child Care 31,980 BOB
Physical Health and Wellness Specialist Care Giving and Child Care 154,700 BOB
Preschool Education Coordinator Care Giving and Child Care 68,400 BOB
Primary Therapist Care Giving and Child Care 108,800 BOB
Psychiatric Aide Care Giving and Child Care 50,080 BOB
Rehabilitation Counselor Care Giving and Child Care 134,600 BOB
Support Worker Care Giving and Child Care 35,260 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 172,200 BOB
La Paz 187,500 BOB
Oruro 174,000 BOB
Potosi 159,400 BOB
Santa Cruz 183,600 BOB
Sucre 169,000 BOB

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