Average Hairstylist Salary in Bolivia for 2024

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

A Hairstylist working in Bolivia will typically earn around 48,140 BOB per year, and this can range from the lowest average salary of about 24,820 BOB to the highest average salary of 72,260 BOB.

Average Annual Salary
48,140 BOB
Average Monthly Salary
4,011 BOB

Lowest Annual Salary
24,820 BOB
Lowest Monthly Salary
2,068 BOB

Highest Annual Salary
72,260 BOB
Highest Monthly Salary
6,021 BOB

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

Hairstylist 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 Hairstylist Salaries in Bolivia

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

Salary ranges

We already know that a Hairstylist can earn between 24,820 BOB and 72,260 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 Hairstylist in Bolivia is 48,140 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 48,140 BOB, and 50% of the population earn more than 48,140 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 Hairstylist salary in Bolivia, 25% of the population are earning less than 32,200 BOB while 75% of the population earn more than 32,200 BOB.

75% of the population earn less than 61,400 BOB, and 25% of the population earn more than 61,400 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.

Hairstylist 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 hairstylist 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 Hairstylist in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 26,400 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Hairstylist salary would increase to 37,740 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Hairstylist, the average salary would be 50,240 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 59,940 BOB.
  • 15 - 20 Years Experience. A Hairstylist with 15 to 20 years of experience can earn an average of 66,020 BOB.
  • 20+ Years Experience. For a Hairstylist with more than 20 years, the expected average salary increases to 68,400 BOB.

Average Salary by Experience Chart

0-2 Years
26,400 BOB
2-5 Years +32%
37,740 BOB
5-10 Years +34%
50,240 BOB
10-15 Years +19%
59,940 BOB
15-20 Years +8%
66,020 BOB
20+ Years +7%
68,400 BOB

Hairstylist 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 Hairstylist 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 Hairstylist in Bolivia with a high school education can earn an average salary of 43,480 BOB.

  • Certificate or Diploma. A Hairstylist in Bolivia with a certificate or diploma education can earn an average salary of 66,100 BOB.

Average Salary by Education Chart

High School
43,480 BOB
Certificate or Diploma +59%
66,100 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.

Hairstylist 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 hairstylist will earn an average of 47,540 BOB, while a female hairstylist will earn around 48,740 BOB.

This means that a male hairstylist earns approximately 2% less than a female hairstylist for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
47,540 BOB
Female +2%
48,740 BOB

Hairstylist 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 Hairstylist in Bolivia is around 6% 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 = ( 6 ÷ 28 ) × 12  = 3%

What this means is that a Hairstylist 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%

Hairstylist 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 Hairstylist is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.

89% 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
11%
No Bonus
89%

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 Hairstylist

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

Job Title Category Salary
Alterations Specialist Fashion and Apparel 45,560 BOB
Barber Fashion and Apparel 40,040 BOB
Bench Jeweler Fashion and Apparel 35,000 BOB
Clothing and Textile Technologist Fashion and Apparel 95,760 BOB
Cosmetology Educator Fashion and Apparel 95,720 BOB
Diamond Setter Fashion and Apparel 49,360 BOB
Diamond Worker Fashion and Apparel 54,140 BOB
Fabric Manager Fashion and Apparel 109,460 BOB
Fashion Design Manager Fashion and Apparel 163,800 BOB
Fashion Designer Fashion and Apparel 148,300 BOB
Fashion Merchandiser Fashion and Apparel 68,580 BOB
Fashion Model Fashion and Apparel 90,980 BOB
Freelance Fashion Stylist Fashion and Apparel 152,300 BOB
Garment Technologist Fashion and Apparel 91,560 BOB
Jeweler Fashion and Apparel 79,260 BOB
Jewelry Mold Maker Fashion and Apparel 55,820 BOB
Jewelry Polisher Fashion and Apparel 35,340 BOB
Jewelry Sales Fashion and Apparel 64,180 BOB
Plating Manager Fashion and Apparel 108,320 BOB
Product Development Manager Fashion and Apparel 190,500 BOB
Sewing Machine Operator Fashion and Apparel 31,180 BOB
Shoe Sales Fashion and Apparel 48,160 BOB
Supply Chain Manager Fashion and Apparel 172,400 BOB
Tailor / Fitter Fashion and Apparel 43,520 BOB
Trend Forecaster Fashion and Apparel 105,980 BOB
Visual Merchandising Coordinator Fashion and Apparel 74,620 BOB
Visual Merchandising Projects Manager Fashion and Apparel 142,300 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 45,580 BOB
La Paz 48,160 BOB
Oruro 45,000 BOB
Potosi 44,300 BOB
Santa Cruz 48,940 BOB
Sucre 45,200 BOB

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Hairstylist Salary in Bolivia for 2024". World Salaries. Accessed on October 11, 2024. https://worldsalaries.com/average-hairstylist-salary-in-bolivia/.

  • "Average Hairstylist Salary in Bolivia for 2024". World Salaries, https://worldsalaries.com/average-hairstylist-salary-in-bolivia/. Accessed 11 October, 2024

  • Average Hairstylist Salary in Bolivia for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-hairstylist-salary-in-bolivia/.