Average Medical Device Sales Representative Salary in Belize for 2024

In this article, we will look at the average Medical Device Sales Representative salary for 2024 in Belize 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 Belize dollar. To keep things simple, we are using the BZD currency code instead of the currency symbol $.

How Much Does a Medical Device Sales Representative Make in Belize?

A Medical Device Sales Representative working in Belize will typically earn around 44,300 BZD per year, and this can range from the lowest average salary of about 24,840 BZD to the highest average salary of 63,040 BZD.

Average Annual Salary
44,300 BZD
Average Monthly Salary
3,691 BZD

Lowest Annual Salary
24,840 BZD
Lowest Monthly Salary
2,070 BZD

Highest Annual Salary
63,040 BZD
Highest Monthly Salary
5,253 BZD

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

Medical Device Sales Representative 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 Medical Device Sales Representative Salaries in Belize

So we've looked at the average salaries a Medical Device Sales Representative will earn in Belize. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Medical Device Sales Representative can earn between 24,840 BZD and 63,040 BZD on average in Belize. 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 Medical Device Sales Representative in Belize is 40,240 BZD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 40,240 BZD, and 50% of the population earn more than 40,240 BZD.

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 Medical Device Sales Representative salary in Belize, 25% of the population are earning less than 26,280 BZD while 75% of the population earn more than 26,280 BZD.

75% of the population earn less than 46,040 BZD, and 25% of the population earn more than 46,040 BZD.

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.

Medical Device Sales Representative Salary by Experience Level in Belize

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 medical device sales representative 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 Medical Device Sales Representative in Belize that has less than two years of experience can expect to earn somewhere in the region of 25,660 BZD.
  • 2 - 5 Years Experience. With two to five years of experience the average Medical Device Sales Representative salary would increase to 34,540 BZD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Medical Device Sales Representative, the average salary would be 44,720 BZD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 50,540 BZD.
  • 15 - 20 Years Experience. A Medical Device Sales Representative with 15 to 20 years of experience can earn an average of 57,360 BZD.
  • 20+ Years Experience. For a Medical Device Sales Representative with more than 20 years, the expected average salary increases to 63,380 BZD.

Average Salary by Experience Chart

0-2 Years
25,660 BZD
2-5 Years +26%
34,540 BZD
5-10 Years +32%
44,720 BZD
10-15 Years +18%
50,540 BZD
15-20 Years +11%
57,360 BZD
20+ Years +6%
63,380 BZD

Medical Device Sales Representative Salary by Education Level in Belize

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 Medical Device Sales Representative in Belize 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 Medical Device Sales Representative in Belize with a high school education can earn an average salary of 34,540 BZD.

  • Certificate or Diploma. A Medical Device Sales Representative in Belize with a certificate or diploma education can earn an average salary of 45,000 BZD.

  • Bachelor's Degree. A Medical Device Sales Representative in Belize with a bachelor's degree education can earn an average salary of 58,000 BZD.

Average Salary by Education Chart

High School
34,540 BZD
Certificate or Diploma +37%
45,000 BZD
Bachelor's Degree +29%
58,000 BZD

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 Belize is around 19,600 to 58,800 BZD 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.

Medical Device Sales Representative 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 Belize, a male medical device sales representative will earn an average of 43,520 BZD, while a female medical device sales representative will earn around 42,320 BZD.

This means that a male medical device sales representative earns approximately 3% more than a female medical device sales representative for performing the same job.

Average Salary by Gender Chart in Belize

Male
43,520 BZD
Female -3%
42,320 BZD

Medical Device Sales Representative Average Pay Raise in Belize

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 Medical Device Sales Representative in Belize is around 8% every 28 months.

The national average pay raise across all professions and industries in Belize 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 ÷ 28 ) × 12  = 3%

What this means is that a Medical Device Sales Representative in Belize can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Belize for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Medical Device Sales Representative Bonus and Incentive Rates in Belize

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 Medical Device Sales Representative is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% 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
58%
No Bonus
42%

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 Belize earn approximately 23% more than private sector employees in the same role.

Public Sector
53,120 BZD
Private Sector -23%
43,340 BZD

Salaries for Jobs Similar to a Medical Device Sales Representative

In the table below, we have salary information for jobs that are similar to a Medical Device Sales Representative in Belize.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 51,120 BZD
Account Officer Sales Retail and Wholesale 31,400 BZD
Area Manager Sales Retail and Wholesale 57,860 BZD
Area Sales Director Sales Retail and Wholesale 96,560 BZD
Area Sales Manager Sales Retail and Wholesale 78,940 BZD
Assisstant Store Supervisor Sales Retail and Wholesale 35,300 BZD
Assistant Department Manager Sales Retail and Wholesale 36,700 BZD
Assistant Retail Store Manager Sales Retail and Wholesale 46,280 BZD
Branch Manager Sales Retail and Wholesale 62,460 BZD
Branch Supervisor Sales Retail and Wholesale 48,200 BZD
Cashier Sales Retail and Wholesale 15,700 BZD
Cashier Manager Sales Retail and Wholesale 40,560 BZD
Commercial Sales Manager Sales Retail and Wholesale 73,880 BZD
Corporate Sales Manager Sales Retail and Wholesale 70,700 BZD
Depot Manager Sales Retail and Wholesale 51,120 BZD
Depot Supervisor Sales Retail and Wholesale 50,020 BZD
Deputy Sales Manager Sales Retail and Wholesale 58,200 BZD
Director of Sales Sales Retail and Wholesale 90,980 BZD
Distribution Director Sales Retail and Wholesale 66,020 BZD
District Leader Sales Retail and Wholesale 48,640 BZD
District Manager Sales Retail and Wholesale 62,060 BZD
District Sales Manager Sales Retail and Wholesale 59,940 BZD
External Sales Account Manager Sales Retail and Wholesale 53,660 BZD
Field Sales Representative Sales Retail and Wholesale 38,260 BZD
Furniture Sales Associate Sales Retail and Wholesale 27,040 BZD
Global Wholesale Manager Sales Retail and Wholesale 108,320 BZD
Head Cashier Sales Retail and Wholesale 35,260 BZD
Head of Direct Sales Sales Retail and Wholesale 72,120 BZD
Head of Retail Sales Retail and Wholesale 66,180 BZD
Head Teller Sales Retail and Wholesale 36,700 BZD
Inside Sales Sales Retail and Wholesale 29,320 BZD
Inside Sales Account Manager Sales Retail and Wholesale 45,720 BZD
Inside Sales Engineer Sales Retail and Wholesale 37,200 BZD
Inside Sales Executive Sales Retail and Wholesale 51,900 BZD
Inside Sales Representative Sales Retail and Wholesale 35,500 BZD
Internal Sales Manager Sales Retail and Wholesale 54,560 BZD
Inventory Manager Sales Retail and Wholesale 50,540 BZD
Key Account Manager Sales Retail and Wholesale 52,300 BZD
Medical Device Sales Sales Retail and Wholesale 40,640 BZD
Merchandiser Sales Retail and Wholesale 34,120 BZD
National Account Manager Sales Retail and Wholesale 79,360 BZD
National Customer Solution Specialist Sales Retail and Wholesale 66,020 BZD
National Sales Manager Sales Retail and Wholesale 101,840 BZD
Outside Sales Representative Sales Retail and Wholesale 39,800 BZD
Parts Salesperson Sales Retail and Wholesale 32,020 BZD
Project Development Manager Sales Retail and Wholesale 57,860 BZD
Project Manager Sales Retail and Wholesale 61,620 BZD
Project Sales Executive Sales Retail and Wholesale 60,880 BZD
Purchasing and Sales Executive Sales Retail and Wholesale 92,300 BZD
Quotation Engineer Sales Retail and Wholesale 29,320 BZD
Regional Sales Director Sales Retail and Wholesale 97,300 BZD
Regional Sales Manager Sales Retail and Wholesale 97,300 BZD
Relationship Manager Sales Retail and Wholesale 68,360 BZD
Retail Merchandiser Sales Retail and Wholesale 25,220 BZD
Retail Operations Manager Sales Retail and Wholesale 59,380 BZD
Retail Sales Associate Sales Retail and Wholesale 40,640 BZD
Retail Sales Representative Sales Retail and Wholesale 33,520 BZD
Retail Salesperson Sales Retail and Wholesale 30,700 BZD
Retail Store Manager Sales Retail and Wholesale 61,180 BZD
Retail Store Sales Person Sales Retail and Wholesale 31,960 BZD
Revenue Manager Sales Retail and Wholesale 54,560 BZD
Sales Account Manager Sales Retail and Wholesale 69,240 BZD
Sales Admin Executive Sales Retail and Wholesale 73,820 BZD
Sales Administration Manager Sales Retail and Wholesale 72,120 BZD
Sales Analyst Sales Retail and Wholesale 56,640 BZD
Sales Assistant Sales Retail and Wholesale 23,480 BZD
Sales Associate Sales Retail and Wholesale 30,700 BZD
Sales Consultant Sales Retail and Wholesale 43,220 BZD
Sales Coordinator Sales Retail and Wholesale 35,560 BZD
Sales Development Representative Sales Retail and Wholesale 41,660 BZD
Sales Director Sales Retail and Wholesale 93,280 BZD
Sales Engineer Sales Retail and Wholesale 36,160 BZD
Sales Executive Sales Retail and Wholesale 63,480 BZD
Sales Manager Sales Retail and Wholesale 79,500 BZD
Sales Officer Sales Retail and Wholesale 32,900 BZD
Sales Planner Sales Retail and Wholesale 51,340 BZD
Sales Planning Analyst Sales Retail and Wholesale 51,080 BZD
Sales Representative Sales Retail and Wholesale 29,600 BZD
Sales Service Associate Sales Retail and Wholesale 29,840 BZD
Sales Specialist Sales Retail and Wholesale 49,700 BZD
Sales Supervisor Sales Retail and Wholesale 50,580 BZD
Sales Support Sales Retail and Wholesale 22,400 BZD
Sales Support Manager Sales Retail and Wholesale 53,840 BZD
Sales Team Leader Sales Retail and Wholesale 49,700 BZD
Sales Trainer Sales Retail and Wholesale 53,320 BZD
Securities Sales Agent Sales Retail and Wholesale 52,820 BZD
Shipper / Receiver Sales Retail and Wholesale 23,080 BZD
Shop Manager Sales Retail and Wholesale 52,180 BZD
Store Development Administrator Sales Retail and Wholesale 35,420 BZD
Store Manager Sales Retail and Wholesale 57,860 BZD
Territory Sales Manager Sales Retail and Wholesale 79,500 BZD
Territory Sales Representative Sales Retail and Wholesale 47,120 BZD
Trade Marketing Officer Sales Retail and Wholesale 53,380 BZD
Treasury Officer Sales Retail and Wholesale 49,020 BZD
Vice President Sales Sales Retail and Wholesale 78,500 BZD
Visual Merchandiser Sales Retail and Wholesale 29,540 BZD

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