Average Digital Media Specialist Salary in Bolivia for 2024

In this article, we will look at the average Digital Media Specialist 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 Digital Media Specialist Make in Bolivia?

A Digital Media Specialist working in Bolivia will typically earn around 119,900 BOB per year, and this can range from the lowest average salary of about 57,620 BOB to the highest average salary of 192,000 BOB.

Average Annual Salary
119,900 BOB
Average Monthly Salary
9,991 BOB

Lowest Annual Salary
57,620 BOB
Lowest Monthly Salary
4,801 BOB

Highest Annual Salary
192,000 BOB
Highest Monthly Salary
16,000 BOB

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

Digital Media Specialist 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 Digital Media Specialist Salaries in Bolivia

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

Salary ranges

We already know that a Digital Media Specialist can earn between 57,620 BOB and 192,000 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 Digital Media Specialist in Bolivia is 127,700 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 127,700 BOB, and 50% of the population earn more than 127,700 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 Digital Media Specialist salary in Bolivia, 25% of the population are earning less than 83,140 BOB while 75% of the population earn more than 83,140 BOB.

75% of the population earn less than 163,800 BOB, and 25% of the population earn more than 163,800 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.

Digital Media Specialist 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 digital media specialist 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 Digital Media Specialist in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 68,580 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Digital Media Specialist salary would increase to 95,720 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Digital Media Specialist, the average salary would be 125,700 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 157,600 BOB.
  • 15 - 20 Years Experience. A Digital Media Specialist with 15 to 20 years of experience can earn an average of 168,100 BOB.
  • 20+ Years Experience. For a Digital Media Specialist with more than 20 years, the expected average salary increases to 183,600 BOB.

Average Salary by Experience Chart

0-2 Years
68,580 BOB
2-5 Years +42%
95,720 BOB
5-10 Years +31%
125,700 BOB
10-15 Years +23%
157,600 BOB
15-20 Years +6%
168,100 BOB
20+ Years +10%
183,600 BOB

Digital Media Specialist 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 Digital Media Specialist 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 Digital Media Specialist in Bolivia with a high school education can earn an average salary of 83,640 BOB.

  • Certificate or Diploma. A Digital Media Specialist in Bolivia with a certificate or diploma education can earn an average salary of 97,840 BOB.

  • Bachelor's Degree. A Digital Media Specialist in Bolivia with a bachelor's degree education can earn an average salary of 143,200 BOB.

  • Master's Degree. A Digital Media Specialist in Bolivia with a master's degree education can earn an average salary of 176,800 BOB.

Average Salary by Education Chart

High School
83,640 BOB
Certificate or Diploma +16%
97,840 BOB
Bachelor's Degree +46%
143,200 BOB
Master's Degree +23%
176,800 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.

Digital Media Specialist 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 digital media specialist will earn an average of 127,700 BOB, while a female digital media specialist will earn around 116,780 BOB.

This means that a male digital media specialist earns approximately 9% more than a female digital media specialist for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
127,700 BOB
Female -9%
116,780 BOB

Digital Media Specialist 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 Digital Media Specialist in Bolivia is around 9% every 28 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 ÷ 28 ) × 12  = 4%

What this means is that a Digital Media Specialist 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%

Digital Media Specialist 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 Digital Media Specialist is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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
65%
No Bonus
35%

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 Digital Media Specialist

In the table below, we have salary information for jobs that are similar to a Digital Media Specialist in Bolivia.

Job Title Category Salary
Account Handler Marketing 88,260 BOB
Affiliate Manager Marketing 108,080 BOB
Analytics Specialist Marketing 83,140 BOB
Assistant Brand Manager Marketing 119,700 BOB
Assistant Product Manager Marketing 125,100 BOB
Associate Marketing Manager Marketing 127,700 BOB
Associate Product Manager Marketing 128,900 BOB
Brand Ambassador Marketing 159,500 BOB
Brand Director Marketing 204,700 BOB
Brand Executive Marketing 164,200 BOB
Brand Manager Marketing 174,000 BOB
Business Analytics Specialist Marketing 86,460 BOB
Business Channel Manager Marketing 118,260 BOB
Business Intelligence Team Leader Marketing 127,700 BOB
Campaign Specialist Marketing 111,000 BOB
Chief Marketing Officer Marketing 192,000 BOB
Chief Product Officer Marketing 164,200 BOB
Communications Officer Marketing 54,140 BOB
Content Manager Marketing 97,760 BOB
Content Marketing Strategist Marketing 115,640 BOB
Copy Editer Marketing 68,900 BOB
Copy Writer Marketing 71,700 BOB
Creative Marketing Lead Marketing 114,380 BOB
Creative Writer Marketing 72,420 BOB
Digital Marketer Marketing 102,380 BOB
Digital Marketing Manager Marketing 136,200 BOB
Digital Marketing Strategist Marketing 146,200 BOB
Director of Marketing Marketing 180,300 BOB
Director of Research Marketing 128,900 BOB
eMarketing Manager Marketing 143,200 BOB
Event Marketing Marketing 143,200 BOB
Head of Executive Search Marketing 157,600 BOB
Key Affiliate Manager Marketing 134,600 BOB
Localization Manager Marketing 127,700 BOB
Market Development Executive Marketing 152,100 BOB
Market Development Manager Marketing 142,300 BOB
Market Research Analyst Marketing 118,800 BOB
Market Research Manager Marketing 130,400 BOB
Market Segmentation Director Marketing 138,200 BOB
Marketing Account Supervisor Marketing 109,740 BOB
Marketing Administrator Marketing 95,420 BOB
Marketing Advisor Marketing 107,320 BOB
Marketing Analyst Marketing 115,560 BOB
Marketing and Communications Officer Marketing 66,580 BOB
Marketing and Sales Head Marketing 192,000 BOB
Marketing Assistant Marketing 59,000 BOB
Marketing Associate Marketing 58,440 BOB
Marketing Communications Manager Marketing 119,900 BOB
Marketing Consultant Marketing 138,200 BOB
Marketing Coordinator Marketing 59,660 BOB
Marketing Director Marketing 187,500 BOB
Marketing Distribution Executive Marketing 148,300 BOB
Marketing Executive Marketing 151,800 BOB
Marketing Manager Marketing 183,700 BOB
Marketing Officer Marketing 66,020 BOB
Marketing Segment Manager Marketing 137,400 BOB
Marketing Specialist Marketing 92,400 BOB
Marketing Supervisor Marketing 106,740 BOB
Marketing Vice President Marketing 146,200 BOB
Marketing Writer Marketing 72,260 BOB
Online Marketing Analyst Marketing 105,800 BOB
Online Marketing Manager Marketing 119,900 BOB
Optimization Manager Marketing 119,080 BOB
Outbound Sales Marketing 80,840 BOB
Outreach Coordinator Marketing 80,340 BOB
Outreach Specialist Marketing 96,680 BOB
Product Development Marketing 136,100 BOB
Product Manager Marketing 152,100 BOB
Product Marketing Engineer Marketing 78,960 BOB
Product Marketing Executive Marketing 136,200 BOB
Product Marketing Manager Marketing 136,100 BOB
Product Researcher Marketing 77,400 BOB
Product Strategist Marketing 108,120 BOB
Product Strategy Researcher Marketing 101,120 BOB
Product Training Specialist Marketing 93,280 BOB
Project Manager Marketing 113,220 BOB
Publications Coordinator Marketing 67,120 BOB
Research Executive Marketing 128,900 BOB
Sales and Marketing Assistant Marketing 57,360 BOB
Sales and Marketing Coordinator Marketing 57,820 BOB
Sales and Marketing Director Marketing 183,600 BOB
Sales Director Marketing 172,400 BOB
Sales Management Support Marketing 62,460 BOB
Sales Manager Marketing 172,200 BOB
Search Marketing Strategist Marketing 159,100 BOB
Social Media Administrator Marketing 107,680 BOB
Social Media Specialist Marketing 101,900 BOB
Spaceman Analyst Marketing 57,900 BOB
Sponsorship Consultant Marketing 95,980 BOB
Team Leader Marketing 113,220 BOB
Telemarketer Marketing 53,320 BOB
Trade Marketing Executive Marketing 137,400 BOB
Trade Marketing Manager Marketing 136,100 BOB
Trade Marketing Professional Marketing 115,620 BOB
Trade Marketing Specialist Marketing 81,880 BOB
Web Analytics Manager Marketing 117,860 BOB
Web Content Manager Marketing 110,120 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 124,400 BOB
La Paz 137,400 BOB
Oruro 127,700 BOB
Potosi 114,820 BOB
Santa Cruz 134,600 BOB
Sucre 123,400 BOB

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