Average Foundation Director Salary in Bolivia for 2024

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

A Foundation Director working in Bolivia will typically earn around 151,800 BOB per year, and this can range from the lowest average salary of about 80,060 BOB to the highest average salary of 225,300 BOB.

Average Annual Salary
151,800 BOB
Average Monthly Salary
12,650 BOB

Lowest Annual Salary
80,060 BOB
Lowest Monthly Salary
6,671 BOB

Highest Annual Salary
225,300 BOB
Highest Monthly Salary
18,775 BOB

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

Foundation 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 Foundation Director Salaries in Bolivia

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

Salary ranges

We already know that a Foundation Director can earn between 80,060 BOB and 225,300 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 Foundation Director in Bolivia is 139,100 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 139,100 BOB, and 50% of the population earn more than 139,100 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 Foundation Director salary in Bolivia, 25% of the population are earning less than 99,560 BOB while 75% of the population earn more than 99,560 BOB.

75% of the population earn less than 168,100 BOB, and 25% of the population earn more than 168,100 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.

Foundation 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 foundation 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 Foundation Director in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 95,620 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Foundation Director salary would increase to 116,740 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Foundation Director, the average salary would be 157,600 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 183,700 BOB.
  • 15 - 20 Years Experience. A Foundation Director with 15 to 20 years of experience can earn an average of 204,700 BOB.
  • 20+ Years Experience. For a Foundation Director with more than 20 years, the expected average salary increases to 215,100 BOB.

Average Salary by Experience Chart

0-2 Years
95,620 BOB
2-5 Years +26%
116,740 BOB
5-10 Years +32%
157,600 BOB
10-15 Years +18%
183,700 BOB
15-20 Years +11%
204,700 BOB
20+ Years +6%
215,100 BOB

Foundation 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 Foundation 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.

  • High School. A Foundation Director in Bolivia with a high school education can earn an average salary of 114,900 BOB.

  • Certificate or Diploma. A Foundation Director in Bolivia with a certificate or diploma education can earn an average salary of 129,000 BOB.

  • Bachelor's Degree. A Foundation Director in Bolivia with a bachelor's degree education can earn an average salary of 169,000 BOB.

  • Master's Degree. A Foundation Director in Bolivia with a master's degree education can earn an average salary of 209,700 BOB.

Average Salary by Education Chart

High School
114,900 BOB
Certificate or Diploma +13%
129,000 BOB
Bachelor's Degree +32%
169,000 BOB
Master's Degree +24%
209,700 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.

Foundation 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 foundation director will earn an average of 152,300 BOB, while a female foundation director will earn around 142,300 BOB.

This means that a male foundation director earns approximately 7% more than a female foundation director for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
152,300 BOB
Female -7%
142,300 BOB

Foundation 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 Foundation Director in Bolivia is around 8% every 31 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 = ( 8 ÷ 31 ) × 12  = 3%

What this means is that a Foundation Director in Bolivia can expect to receive an average pay raise of around 3% 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%

Foundation 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 Foundation Director is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% 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 7%.

Received Bonus
59%
No Bonus
41%

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 Foundation Director

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

Job Title Category Salary
Activity Aide Fundraising and Non Profit 40,560 BOB
Activity Coordinator Fundraising and Non Profit 32,620 BOB
Activity Leader Fundraising and Non Profit 59,940 BOB
Adoption Specialist Fundraising and Non Profit 115,520 BOB
Assistant Programme Officer Fundraising and Non Profit 66,100 BOB
Campaign Manager Fundraising and Non Profit 129,000 BOB
Charities Administrator Fundraising and Non Profit 75,280 BOB
Charities Fundraiser Fundraising and Non Profit 80,920 BOB
Civil Servant Fundraising and Non Profit 34,380 BOB
Civil Service Administrator Fundraising and Non Profit 49,020 BOB
Community Health Worker Fundraising and Non Profit 33,520 BOB
Community Relations Representative Fundraising and Non Profit 53,660 BOB
Community Service Manager Fundraising and Non Profit 115,600 BOB
Community Volunteer Fundraising and Non Profit 35,500 BOB
Community Worker Fundraising and Non Profit 32,200 BOB
Custodial Worker Fundraising and Non Profit 35,000 BOB
Education Planning Specialist Fundraising and Non Profit 118,800 BOB
Foundation Assistant Fundraising and Non Profit 46,040 BOB
Foundation Program Coordinator Fundraising and Non Profit 92,880 BOB
Fundraiser Fundraising and Non Profit 82,160 BOB
Fundraising Coordinator Fundraising and Non Profit 56,460 BOB
Fundraising Director Fundraising and Non Profit 152,100 BOB
Fundraising Manager Fundraising and Non Profit 139,100 BOB
Grant Writer Fundraising and Non Profit 48,200 BOB
Healthcare Social Worker Fundraising and Non Profit 35,260 BOB
Homeless Shelter Worker Fundraising and Non Profit 33,520 BOB
Major Gift Officer Fundraising and Non Profit 35,420 BOB
Orphan Program Coordinator Fundraising and Non Profit 57,360 BOB
Rehab Aide Fundraising and Non Profit 42,040 BOB
Rehabilitation Aide Fundraising and Non Profit 42,320 BOB
Social Worker Fundraising and Non Profit 35,560 BOB
Sponsorship Coordinator Fundraising and Non Profit 53,860 BOB
Volunteer Coordinator Fundraising and Non Profit 43,360 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 169,000 BOB
La Paz 172,200 BOB
Oruro 151,800 BOB
Potosi 138,200 BOB
Santa Cruz 176,800 BOB
Sucre 158,700 BOB

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