Average Monitoring and Performance Officer Salary in Paraguay for 2024

In this article, we will look at the average Monitoring and Performance Officer salary for 2024 in Paraguay 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 Paraguayan guaraní. To keep things simple, we are using the PYG currency code instead of the currency symbol ₲.

How Much Does a Monitoring and Performance Officer Make in Paraguay?

A Monitoring and Performance Officer working in Paraguay will typically earn around 66,720,300 PYG per year, and this can range from the lowest average salary of about 32,639,300 PYG to the highest average salary of 104,040,600 PYG.

Average Annual Salary
66,720,300 PYG
Average Monthly Salary
5,560,025 PYG

Lowest Annual Salary
32,639,300 PYG
Lowest Monthly Salary
2,719,941 PYG

Highest Annual Salary
104,040,600 PYG
Highest Monthly Salary
8,670,050 PYG

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

Monitoring and Performance Officer 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 Monitoring and Performance Officer Salaries in Paraguay

So we've looked at the average salaries a Monitoring and Performance Officer will earn in Paraguay. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Monitoring and Performance Officer can earn between 32,639,300 PYG and 104,040,600 PYG on average in Paraguay. 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 Monitoring and Performance Officer in Paraguay is 68,039,500 PYG. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 68,039,500 PYG, and 50% of the population earn more than 68,039,500 PYG.

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 Monitoring and Performance Officer salary in Paraguay, 25% of the population are earning less than 45,361,500 PYG while 75% of the population earn more than 45,361,500 PYG.

75% of the population earn less than 87,721,200 PYG, and 25% of the population earn more than 87,721,200 PYG.

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.

Monitoring and Performance Officer Salary by Experience Level in Paraguay

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 monitoring and performance officer 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 Monitoring and Performance Officer in Paraguay that has less than two years of experience can expect to earn somewhere in the region of 38,760,100 PYG.
  • 2 - 5 Years Experience. With two to five years of experience the average Monitoring and Performance Officer salary would increase to 49,801,000 PYG.
  • 5 - 10 Years Experience. From five to ten years of experience as a Monitoring and Performance Officer, the average salary would be 68,760,500 PYG.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 85,081,800 PYG.
  • 15 - 20 Years Experience. A Monitoring and Performance Officer with 15 to 20 years of experience can earn an average of 91,201,900 PYG.
  • 20+ Years Experience. For a Monitoring and Performance Officer with more than 20 years, the expected average salary increases to 97,199,500 PYG.

Average Salary by Experience Chart

0-2 Years
38,760,100 PYG
2-5 Years +29%
49,801,000 PYG
5-10 Years +38%
68,760,500 PYG
10-15 Years +24%
85,081,800 PYG
15-20 Years +7%
91,201,900 PYG
20+ Years +7%
97,199,500 PYG

Monitoring and Performance Officer Salary by Education Level in Paraguay

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 Monitoring and Performance Officer in Paraguay 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 Monitoring and Performance Officer in Paraguay with a certificate or diploma education can earn an average salary of 54,840,400 PYG.

  • Bachelor's Degree. A Monitoring and Performance Officer in Paraguay with a bachelor's degree education can earn an average salary of 84,001,900 PYG.

Average Salary by Education Chart

Certificate or Diploma
54,840,400 PYG
Bachelor's Degree +53%
84,001,900 PYG

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 Paraguay is around 41,100,000 to 123,000,000 PYG 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.

Monitoring and Performance Officer 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 Paraguay, a male monitoring and performance officer will earn an average of 68,878,700 PYG, while a female monitoring and performance officer will earn around 63,719,600 PYG.

This means that a male monitoring and performance officer earns approximately 8% more than a female monitoring and performance officer for performing the same job.

Average Salary by Gender Chart in Paraguay

Male
68,878,700 PYG
Female -8%
63,719,600 PYG

Monitoring and Performance Officer Average Pay Raise in Paraguay

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 Monitoring and Performance Officer in Paraguay is around 6% every 29 months.

The national average pay raise across all professions and industries in Paraguay 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 ÷ 29 ) × 12  = 2%

What this means is that a Monitoring and Performance Officer in Paraguay can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Paraguay for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Monitoring and Performance Officer Bonus and Incentive Rates in Paraguay

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 Monitoring and Performance Officer 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 4%.

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 Paraguay earn approximately 10% more than private sector employees in the same role.

Public Sector
105,478,200 PYG
Private Sector -10%
95,639,500 PYG

Salaries for Jobs Similar to a Monitoring and Performance Officer

In the table below, we have salary information for jobs that are similar to a Monitoring and Performance Officer in Paraguay.

Job Title Category Salary
Actuarial Analyst Insurance 124,799,100 PYG
Actuarial Assistant Insurance 93,718,300 PYG
Actuarial Specialist Insurance 92,158,600 PYG
Actuary Insurance 135,600,300 PYG
Adjustment Insurance Clerk Insurance 35,640,500 PYG
Assistant Broker Insurance 61,561,100 PYG
Assistant Claims Manager Insurance 99,601,100 PYG
Associate Insurance Representative Insurance 51,719,500 PYG
Auditing Insurance Manager Insurance 138,000,600 PYG
Broker Insurance 101,038,700 PYG
Claim Advocacy Professional Insurance 99,958,900 PYG
Claims Adjuster Insurance 36,960,300 PYG
Claims Analyst Insurance 50,281,100 PYG
Claims Examiner Insurance 48,721,100 PYG
Claims Manager Insurance 141,598,200 PYG
Claims Processor Insurance 36,121,000 PYG
Claims Representative Insurance 44,519,300 PYG
Claims Resolution Specialist Insurance 104,159,300 PYG
Claims Supervisor Insurance 93,358,300 PYG
Complaints Specialist Insurance 91,679,200 PYG
Compliance Examiner Insurance 92,400,700 PYG
Compliance Officer Insurance 81,719,100 PYG
Compliance Reviewer Insurance 88,440,900 PYG
Consultant Insurance 97,199,500 PYG
Eligibility Interviewer Insurance 104,878,200 PYG
Eligibility Specialist Insurance 101,281,000 PYG
Insurance Account Manager Insurance 113,638,200 PYG
Insurance Accounts Executive Insurance 102,119,600 PYG
Insurance Adjuster Insurance 85,560,900 PYG
Insurance Agent Insurance 57,359,300 PYG
Insurance Analyst Insurance 95,880,900 PYG
Insurance Appraiser Insurance 100,200,300 PYG
Insurance Claims Clerk Insurance 36,001,200 PYG
Insurance Examiner Insurance 86,040,800 PYG
Insurance Investigator Insurance 94,681,700 PYG
Insurance Manager Insurance 164,398,100 PYG
Insurance Operations Manager Insurance 164,398,100 PYG
Insurance Policy Processing Clerk Insurance 36,240,700 PYG
Insurance Pricing Assistant Insurance 75,360,300 PYG
Insurance Program Manager Insurance 122,398,700 PYG
Insurance Project Manager Insurance 123,599,800 PYG
Insurance Quality Assurance Agent Insurance 86,398,400 PYG
Insurance Sales Agent Insurance 56,158,300 PYG
Insurance Sales Director Insurance 163,201,300 PYG
Insurance Sales Manager Insurance 125,999,700 PYG
Insurance Sales Representative Insurance 52,681,700 PYG
Insurance Team Leader Insurance 99,119,900 PYG
Insurance Underwriter Insurance 74,039,800 PYG
Loss Control Specialist Insurance 94,681,700 PYG
Loss Prevention Investigator Insurance 98,880,700 PYG
Loss Prevention Manager Insurance 134,400,400 PYG
Loss Prevention Specialist Insurance 105,118,300 PYG
Marine Underwriter Insurance 70,079,900 PYG
Medical Auditor Insurance 96,838,800 PYG
Payment Services Specialist Insurance 95,399,800 PYG
Policy Change Director Insurance 147,600,500 PYG
Policy Change Supervisor Insurance 109,559,500 PYG
Policy Change Technician Insurance 47,640,400 PYG
Risk Analyst Insurance 103,201,100 PYG
Risk Management Director Insurance 191,999,600 PYG
Risk Management Supervisor Insurance 119,998,200 PYG
Risk Manager Insurance 172,800,900 PYG
Risk Modeling Manager Insurance 185,999,300 PYG
Title Insurance Typist Insurance 79,679,400 PYG
Training Manager Insurance 107,281,600 PYG

Salary Comparison by City

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

City Average Salary
Asuncion 77,159,200 PYG

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