Average Grants Specialist Salary in Venezuela for 2024

In this article, we will look at the average Grants Specialist salary for 2024 in Venezuela 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 Venezuelan bolívar soberano. To keep things simple, we are using the VES currency code instead of the currency symbol Bs.S..

How Much Does a Grants Specialist Make in Venezuela?

A Grants Specialist working in Venezuela will typically earn around 2,026,800 VES per year, and this can range from the lowest average salary of about 1,015,500 VES to the highest average salary of 3,144,700 VES.

Average Annual Salary
2,026,800 VES
Average Monthly Salary
168,900 VES

Lowest Annual Salary
1,015,500 VES
Lowest Monthly Salary
84,625 VES

Highest Annual Salary
3,144,700 VES
Highest Monthly Salary
262,058 VES

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

Grants 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 Grants Specialist Salaries in Venezuela

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

Salary ranges

We already know that a Grants Specialist can earn between 1,015,500 VES and 3,144,700 VES on average in Venezuela. 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 Grants Specialist in Venezuela is 2,026,800 VES. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,026,800 VES, and 50% of the population earn more than 2,026,800 VES.

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 Grants Specialist salary in Venezuela, 25% of the population are earning less than 1,369,700 VES while 75% of the population earn more than 1,369,700 VES.

75% of the population earn less than 2,593,900 VES, and 25% of the population earn more than 2,593,900 VES.

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.

Grants Specialist Salary by Experience Level in Venezuela

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 grants 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 Grants Specialist in Venezuela that has less than two years of experience can expect to earn somewhere in the region of 1,212,800 VES.
  • 2 - 5 Years Experience. With two to five years of experience the average Grants Specialist salary would increase to 1,606,100 VES.
  • 5 - 10 Years Experience. From five to ten years of experience as a Grants Specialist, the average salary would be 2,161,200 VES.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,566,100 VES.
  • 15 - 20 Years Experience. A Grants Specialist with 15 to 20 years of experience can earn an average of 2,773,700 VES.
  • 20+ Years Experience. For a Grants Specialist with more than 20 years, the expected average salary increases to 2,976,900 VES.

Average Salary by Experience Chart

0-2 Years
1,212,800 VES
2-5 Years +32%
1,606,100 VES
5-10 Years +34%
2,161,200 VES
10-15 Years +19%
2,566,100 VES
15-20 Years +8%
2,773,700 VES
20+ Years +7%
2,976,900 VES

Grants Specialist Salary by Education Level in Venezuela

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 Grants Specialist in Venezuela 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 Grants Specialist in Venezuela with a certificate or diploma education can earn an average salary of 1,800,200 VES.

  • Bachelor's Degree. A Grants Specialist in Venezuela with a bachelor's degree education can earn an average salary of 2,807,200 VES.

Average Salary by Education Chart

Certificate or Diploma
1,800,200 VES
Bachelor's Degree +56%
2,807,200 VES

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 Venezuela is around 662,000 to 1,990,000 VES 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.

Grants 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 Venezuela, a male grants specialist will earn an average of 2,076,600 VES, while a female grants specialist will earn around 1,967,000 VES.

This means that a male grants specialist earns approximately 6% more than a female grants specialist for performing the same job.

Average Salary by Gender Chart in Venezuela

Male
2,076,600 VES
Female -6%
1,967,000 VES

Grants Specialist Average Pay Raise in Venezuela

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 Grants Specialist in Venezuela is around 6% every 32 months.

The national average pay raise across all professions and industries in Venezuela is around 4% every 29 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 = ( 6 ÷ 32 ) × 12  = 2%

What this means is that a Grants Specialist in Venezuela can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Venezuela for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Grants Specialist Bonus and Incentive Rates in Venezuela

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 Grants Specialist is a low bonus based job, with 13% of employees reporting at least one bonus in the last 12 months.

87% 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 0% to 3%.

Received Bonus
13%
No Bonus
87%

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

Public Sector
1,655,500 VES
Private Sector -11%
1,487,200 VES

Salaries for Jobs Similar to a Grants Specialist

In the table below, we have salary information for jobs that are similar to a Grants Specialist in Venezuela.

Job Title Category Salary
Accreditation Coordinator Law Enforcement / Security / Fire 1,369,700 VES
Accreditation Manager Law Enforcement / Security / Fire 2,003,200 VES
Advocate Law Enforcement / Security / Fire 1,144,400 VES
Armed Security Officer Law Enforcement / Security / Fire 1,124,200 VES
Company Guard Law Enforcement / Security / Fire 568,500 VES
Control Room Operator Law Enforcement / Security / Fire 498,500 VES
Correctional Officer Law Enforcement / Security / Fire 875,000 VES
Criminal Investigator Law Enforcement / Security / Fire 1,788,300 VES
Facility Monitor Law Enforcement / Security / Fire 987,200 VES
Fire Chief Law Enforcement / Security / Fire 1,703,200 VES
Fire Dispatcher Law Enforcement / Security / Fire 868,400 VES
Fire Education Specialist Law Enforcement / Security / Fire 1,537,500 VES
Fire Extinguisher Technician Law Enforcement / Security / Fire 562,200 VES
Fire Fighter Law Enforcement / Security / Fire 890,700 VES
Fire Inspector Law Enforcement / Security / Fire 1,655,500 VES
Fire Investigator Law Enforcement / Security / Fire 1,716,600 VES
Fire Prevention Engineer Law Enforcement / Security / Fire 1,405,700 VES
Fire Prevention Officer Law Enforcement / Security / Fire 1,235,600 VES
Fire Protection Specialist Law Enforcement / Security / Fire 1,524,300 VES
Forensic Investigator Law Enforcement / Security / Fire 1,500,800 VES
Forensic Science Technician Law Enforcement / Security / Fire 1,621,400 VES
Fraud and Forensic Specialist Law Enforcement / Security / Fire 1,678,300 VES
Fraud Examiner Law Enforcement / Security / Fire 1,788,300 VES
Intellectual Property Associate Law Enforcement / Security / Fire 1,537,500 VES
Intelligence Research Specialist Law Enforcement / Security / Fire 2,629,100 VES
Investigator Law Enforcement / Security / Fire 1,668,900 VES
Jail Officer Law Enforcement / Security / Fire 732,400 VES
Juvenile Probation Officer Law Enforcement / Security / Fire 1,198,300 VES
Juvenile Supervision Officer Law Enforcement / Security / Fire 1,249,900 VES
Lock-Smith Law Enforcement / Security / Fire 502,200 VES
Parole Officer Law Enforcement / Security / Fire 849,200 VES
Police Captain Law Enforcement / Security / Fire 2,076,600 VES
Police Communications Officer Law Enforcement / Security / Fire 1,144,400 VES
Police Officer Law Enforcement / Security / Fire 949,600 VES
Police Patrol Officer Law Enforcement / Security / Fire 887,100 VES
Prison Officer Law Enforcement / Security / Fire 692,500 VES
Prisoner Custody Officer Law Enforcement / Security / Fire 605,700 VES
Private Detective / Investigator Law Enforcement / Security / Fire 1,765,300 VES
Security Adviser Law Enforcement / Security / Fire 1,668,900 VES
Security Guard Law Enforcement / Security / Fire 492,700 VES
Security Management Specialist Law Enforcement / Security / Fire 2,290,300 VES
Security Manager Law Enforcement / Security / Fire 2,314,800 VES
Security Officer Law Enforcement / Security / Fire 562,600 VES
Security Supervisor Law Enforcement / Security / Fire 1,296,900 VES
Security Systems Installer Law Enforcement / Security / Fire 1,283,600 VES
Security Technician Law Enforcement / Security / Fire 525,700 VES
Surveillance Operator Law Enforcement / Security / Fire 694,700 VES
Traffic Controller Law Enforcement / Security / Fire 931,700 VES

Salary Comparison by City

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

City Average Salary
Barquisimeto 1,942,700 VES
Caracas 2,221,600 VES
Ciudad Guayana 1,846,200 VES
Maracaibo 2,173,000 VES

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