Average Marketing Administrator Salary in Venezuela for 2024

In this article, we will look at the average Marketing Administrator 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 Marketing Administrator Make in Venezuela?

A Marketing Administrator working in Venezuela will typically earn around 1,369,700 VES per year, and this can range from the lowest average salary of about 696,700 VES to the highest average salary of 2,100,900 VES.

Average Annual Salary
1,369,700 VES
Average Monthly Salary
114,141 VES

Lowest Annual Salary
696,700 VES
Lowest Monthly Salary
58,058 VES

Highest Annual Salary
2,100,900 VES
Highest Monthly Salary
175,075 VES

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

Marketing Administrator 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 Marketing Administrator Salaries in Venezuela

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

Salary ranges

We already know that a Marketing Administrator can earn between 696,700 VES and 2,100,900 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 Marketing Administrator in Venezuela is 1,345,400 VES. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,345,400 VES, and 50% of the population earn more than 1,345,400 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 Marketing Administrator salary in Venezuela, 25% of the population are earning less than 917,700 VES while 75% of the population earn more than 917,700 VES.

75% of the population earn less than 1,693,600 VES, and 25% of the population earn more than 1,693,600 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.

Marketing Administrator 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 marketing administrator 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 Marketing Administrator in Venezuela that has less than two years of experience can expect to earn somewhere in the region of 780,600 VES.
  • 2 - 5 Years Experience. With two to five years of experience the average Marketing Administrator salary would increase to 1,021,800 VES.
  • 5 - 10 Years Experience. From five to ten years of experience as a Marketing Administrator, the average salary would be 1,428,800 VES.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,716,600 VES.
  • 15 - 20 Years Experience. A Marketing Administrator with 15 to 20 years of experience can earn an average of 1,858,200 VES.
  • 20+ Years Experience. For a Marketing Administrator with more than 20 years, the expected average salary increases to 2,015,600 VES.

Average Salary by Experience Chart

0-2 Years
780,600 VES
2-5 Years +31%
1,021,800 VES
5-10 Years +40%
1,428,800 VES
10-15 Years +20%
1,716,600 VES
15-20 Years +9%
1,858,200 VES
20+ Years +8%
2,015,600 VES

Marketing Administrator 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 Marketing Administrator in Venezuela 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 Marketing Administrator in Venezuela with a high school education can earn an average salary of 934,900 VES.

  • Certificate or Diploma. A Marketing Administrator in Venezuela with a certificate or diploma education can earn an average salary of 1,078,200 VES.

  • Bachelor's Degree. A Marketing Administrator in Venezuela with a bachelor's degree education can earn an average salary of 1,510,400 VES.

  • Master's Degree. A Marketing Administrator in Venezuela with a master's degree education can earn an average salary of 1,942,700 VES.

Average Salary by Education Chart

High School
934,900 VES
Certificate or Diploma +15%
1,078,200 VES
Bachelor's Degree +41%
1,510,400 VES
Master's Degree +29%
1,942,700 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.

Marketing Administrator 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 marketing administrator will earn an average of 1,450,700 VES, while a female marketing administrator will earn around 1,296,900 VES.

This means that a male marketing administrator earns approximately 12% more than a female marketing administrator for performing the same job.

Average Salary by Gender Chart in Venezuela

Male
1,450,700 VES
Female -12%
1,296,900 VES

Marketing Administrator 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 Marketing Administrator in Venezuela is around 7% every 29 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 = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Marketing Administrator in Venezuela can expect to receive an average pay raise of around 3% 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%

Marketing Administrator 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 Marketing Administrator is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 3% to 6%.

Received Bonus
36%
No Bonus
64%

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 Marketing Administrator

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

Job Title Category Salary
Account Handler Marketing 1,296,900 VES
Affiliate Manager Marketing 1,777,700 VES
Analytics Specialist Marketing 1,296,900 VES
Assistant Brand Manager Marketing 1,896,700 VES
Assistant Product Manager Marketing 2,003,200 VES
Associate Marketing Manager Marketing 2,124,400 VES
Associate Product Manager Marketing 2,076,600 VES
Brand Ambassador Marketing 2,389,200 VES
Brand Director Marketing 2,914,600 VES
Brand Executive Marketing 2,653,700 VES
Brand Manager Marketing 2,688,800 VES
Business Analytics Specialist Marketing 1,283,600 VES
Business Channel Manager Marketing 1,800,200 VES
Business Intelligence Team Leader Marketing 1,870,400 VES
Campaign Specialist Marketing 1,703,200 VES
Chief Marketing Officer Marketing 2,819,600 VES
Chief Product Officer Marketing 2,641,300 VES
Communications Officer Marketing 895,900 VES
Content Manager Marketing 1,487,200 VES
Content Marketing Strategist Marketing 1,678,300 VES
Copy Editer Marketing 1,067,500 VES
Copy Writer Marketing 1,108,500 VES
Creative Marketing Lead Marketing 1,693,600 VES
Creative Writer Marketing 1,087,500 VES
Digital Marketer Marketing 1,510,400 VES
Digital Marketing Manager Marketing 2,197,700 VES
Digital Marketing Strategist Marketing 2,173,000 VES
Digital Media Specialist Marketing 1,858,200 VES
Director of Marketing Marketing 2,998,500 VES
Director of Research Marketing 2,184,900 VES
eMarketing Manager Marketing 2,362,300 VES
Event Marketing Marketing 2,052,200 VES
Head of Executive Search Marketing 2,460,900 VES
Key Affiliate Manager Marketing 2,015,600 VES
Localization Manager Marketing 1,870,400 VES
Market Development Executive Marketing 2,352,500 VES
Market Development Manager Marketing 2,266,400 VES
Market Research Analyst Marketing 1,921,500 VES
Market Research Manager Marketing 1,942,700 VES
Market Segmentation Director Marketing 2,173,000 VES
Marketing Account Supervisor Marketing 1,655,500 VES
Marketing Advisor Marketing 1,632,100 VES
Marketing Analyst Marketing 1,703,200 VES
Marketing and Communications Officer Marketing 1,041,900 VES
Marketing and Sales Head Marketing 2,794,600 VES
Marketing Assistant Marketing 970,200 VES
Marketing Associate Marketing 899,900 VES
Marketing Communications Manager Marketing 1,846,200 VES
Marketing Consultant Marketing 2,026,800 VES
Marketing Coordinator Marketing 939,000 VES
Marketing Director Marketing 2,831,100 VES
Marketing Distribution Executive Marketing 2,207,600 VES
Marketing Executive Marketing 2,389,200 VES
Marketing Manager Marketing 2,794,600 VES
Marketing Officer Marketing 913,400 VES
Marketing Segment Manager Marketing 2,076,600 VES
Marketing Specialist Marketing 1,405,700 VES
Marketing Supervisor Marketing 1,777,700 VES
Marketing Vice President Marketing 2,230,100 VES
Marketing Writer Marketing 1,108,500 VES
Online Marketing Analyst Marketing 1,537,500 VES
Online Marketing Manager Marketing 1,980,600 VES
Optimization Manager Marketing 1,741,800 VES
Outbound Sales Marketing 1,296,900 VES
Outreach Coordinator Marketing 1,212,800 VES
Outreach Specialist Marketing 1,632,100 VES
Product Development Marketing 2,076,600 VES
Product Manager Marketing 2,207,600 VES
Product Marketing Engineer Marketing 1,224,800 VES
Product Marketing Executive Marketing 2,173,000 VES
Product Marketing Manager Marketing 2,110,600 VES
Product Researcher Marketing 1,152,700 VES
Product Strategist Marketing 1,645,600 VES
Product Strategy Researcher Marketing 1,606,100 VES
Product Training Specialist Marketing 1,405,700 VES
Project Manager Marketing 1,728,900 VES
Publications Coordinator Marketing 966,100 VES
Research Executive Marketing 1,942,700 VES
Sales and Marketing Assistant Marketing 858,400 VES
Sales and Marketing Coordinator Marketing 999,500 VES
Sales and Marketing Director Marketing 2,976,900 VES
Sales Director Marketing 2,641,300 VES
Sales Management Support Marketing 995,200 VES
Sales Manager Marketing 2,734,500 VES
Search Marketing Strategist Marketing 2,314,800 VES
Social Media Administrator Marketing 1,500,800 VES
Social Media Specialist Marketing 1,547,500 VES
Spaceman Analyst Marketing 899,100 VES
Sponsorship Consultant Marketing 1,417,600 VES
Team Leader Marketing 1,751,700 VES
Telemarketer Marketing 858,100 VES
Trade Marketing Executive Marketing 2,110,600 VES
Trade Marketing Manager Marketing 2,124,400 VES
Trade Marketing Professional Marketing 1,655,500 VES
Trade Marketing Specialist Marketing 1,273,300 VES
Web Analytics Manager Marketing 1,777,700 VES
Web Content Manager Marketing 1,825,000 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 1,369,700 VES
Caracas 1,537,500 VES
Ciudad Guayana 1,235,600 VES
Maracaibo 1,417,600 VES

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