Average Music Consultant Salary in Bolivia for 2024

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

A Music Consultant working in Bolivia will typically earn around 90,980 BOB per year, and this can range from the lowest average salary of about 48,200 BOB to the highest average salary of 139,100 BOB.

Average Annual Salary
90,980 BOB
Average Monthly Salary
7,581 BOB

Lowest Annual Salary
48,200 BOB
Lowest Monthly Salary
4,016 BOB

Highest Annual Salary
139,100 BOB
Highest Monthly Salary
11,591 BOB

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

Music Consultant 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 Music Consultant Salaries in Bolivia

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

Salary ranges

We already know that a Music Consultant can earn between 48,200 BOB and 139,100 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 Music Consultant in Bolivia is 84,580 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 84,580 BOB, and 50% of the population earn more than 84,580 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 Music Consultant salary in Bolivia, 25% of the population are earning less than 61,180 BOB while 75% of the population earn more than 61,180 BOB.

75% of the population earn less than 109,000 BOB, and 25% of the population earn more than 109,000 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.

Music Consultant 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 music consultant 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 Music Consultant in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 53,660 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Music Consultant salary would increase to 72,780 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Music Consultant, the average salary would be 93,340 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 113,780 BOB.
  • 15 - 20 Years Experience. A Music Consultant with 15 to 20 years of experience can earn an average of 123,400 BOB.
  • 20+ Years Experience. For a Music Consultant with more than 20 years, the expected average salary increases to 129,000 BOB.

Average Salary by Experience Chart

0-2 Years
53,660 BOB
2-5 Years +34%
72,780 BOB
5-10 Years +30%
93,340 BOB
10-15 Years +21%
113,780 BOB
15-20 Years +9%
123,400 BOB
20+ Years +5%
129,000 BOB

Music Consultant 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 Music Consultant 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 Music Consultant in Bolivia with a high school education can earn an average salary of 64,560 BOB.

  • Certificate or Diploma. A Music Consultant in Bolivia with a certificate or diploma education can earn an average salary of 71,280 BOB.

  • Bachelor's Degree. A Music Consultant in Bolivia with a bachelor's degree education can earn an average salary of 101,980 BOB.

  • Master's Degree. A Music Consultant in Bolivia with a master's degree education can earn an average salary of 124,400 BOB.

Average Salary by Education Chart

High School
64,560 BOB
Certificate or Diploma +14%
71,280 BOB
Bachelor's Degree +41%
101,980 BOB
Master's Degree +21%
124,400 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.

Music Consultant 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 music consultant will earn an average of 93,780 BOB, while a female music consultant will earn around 88,240 BOB.

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

Average Salary by Gender Chart in Bolivia

Male
93,780 BOB
Female -6%
88,240 BOB

Music Consultant 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 Music Consultant in Bolivia is around 8% 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 = ( 8 ÷ 28 ) × 12  = 3%

What this means is that a Music Consultant 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%

Music Consultant 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 Music Consultant is a low bonus based job, with 10% of employees reporting at least one bonus in the last 12 months.

90% 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 1% to 3%.

Received Bonus
10%
No Bonus
90%

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 Music Consultant

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

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 93,780 BOB
3D Designer Media / Broadcasting / Arts / Entertainment 89,460 BOB
3D Generalist Media / Broadcasting / Arts / Entertainment 79,240 BOB
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 89,340 BOB
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 63,500 BOB
Actor Media / Broadcasting / Arts / Entertainment 119,900 BOB
Art Administrator Media / Broadcasting / Arts / Entertainment 96,540 BOB
Art Director Media / Broadcasting / Arts / Entertainment 123,400 BOB
Art Lead Media / Broadcasting / Arts / Entertainment 124,400 BOB
Associate Media Director Media / Broadcasting / Arts / Entertainment 104,600 BOB
Associate Producer Media / Broadcasting / Arts / Entertainment 130,400 BOB
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 85,020 BOB
Broadcast Associate Media / Broadcasting / Arts / Entertainment 65,760 BOB
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 96,340 BOB
Broadcast Technician Media / Broadcasting / Arts / Entertainment 58,520 BOB
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 118,800 BOB
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 125,700 BOB
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 65,920 BOB
Camera Operator Media / Broadcasting / Arts / Entertainment 58,800 BOB
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 93,340 BOB
CAS Engineer Media / Broadcasting / Arts / Entertainment 102,460 BOB
Censorship Executive Media / Broadcasting / Arts / Entertainment 104,920 BOB
Choreographer Media / Broadcasting / Arts / Entertainment 78,260 BOB
Colorist Media / Broadcasting / Arts / Entertainment 48,560 BOB
Communications Manager Media / Broadcasting / Arts / Entertainment 146,200 BOB
Correspondent Media / Broadcasting / Arts / Entertainment 103,580 BOB
Dance Director Media / Broadcasting / Arts / Entertainment 89,980 BOB
Dancer Media / Broadcasting / Arts / Entertainment 84,040 BOB
Director of Photography Media / Broadcasting / Arts / Entertainment 98,000 BOB
Disc Jockey Media / Broadcasting / Arts / Entertainment 58,800 BOB
Editorial Assistant Media / Broadcasting / Arts / Entertainment 52,820 BOB
Events Manager Media / Broadcasting / Arts / Entertainment 96,600 BOB
Graphic Designer Media / Broadcasting / Arts / Entertainment 67,560 BOB
Illustrator Media / Broadcasting / Arts / Entertainment 76,540 BOB
Industrial Designer Media / Broadcasting / Arts / Entertainment 61,780 BOB
Instructional Designer Media / Broadcasting / Arts / Entertainment 59,940 BOB
Journalist Media / Broadcasting / Arts / Entertainment 119,860 BOB
Makeup Artist Media / Broadcasting / Arts / Entertainment 61,620 BOB
Media Design Manager Media / Broadcasting / Arts / Entertainment 172,200 BOB
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 51,340 BOB
Media Operations Manager Media / Broadcasting / Arts / Entertainment 125,700 BOB
Media Planner Media / Broadcasting / Arts / Entertainment 87,640 BOB
Media Producer Media / Broadcasting / Arts / Entertainment 124,400 BOB
Media Product Development Manager Media / Broadcasting / Arts / Entertainment 157,600 BOB
Media Production Manager Media / Broadcasting / Arts / Entertainment 158,700 BOB
Media Program Director Media / Broadcasting / Arts / Entertainment 180,500 BOB
Media Relation Executive Media / Broadcasting / Arts / Entertainment 176,800 BOB
Media Relations Manager Media / Broadcasting / Arts / Entertainment 174,000 BOB
Media Sales Manager Media / Broadcasting / Arts / Entertainment 183,600 BOB
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 100,580 BOB
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 62,460 BOB
Multimedia Designer Media / Broadcasting / Arts / Entertainment 63,040 BOB
Musician Media / Broadcasting / Arts / Entertainment 70,600 BOB
News Associate Media / Broadcasting / Arts / Entertainment 91,580 BOB
News Reporter Media / Broadcasting / Arts / Entertainment 112,560 BOB
Post Production Assistant Media / Broadcasting / Arts / Entertainment 54,280 BOB
Producer Media / Broadcasting / Arts / Entertainment 152,100 BOB
Product Designer Media / Broadcasting / Arts / Entertainment 64,200 BOB
Product Planner Media / Broadcasting / Arts / Entertainment 89,120 BOB
Production Artist Media / Broadcasting / Arts / Entertainment 90,980 BOB
Production Assistant Media / Broadcasting / Arts / Entertainment 61,180 BOB
Production Director Media / Broadcasting / Arts / Entertainment 142,300 BOB
Production Technician Media / Broadcasting / Arts / Entertainment 52,300 BOB
Program Researcher Media / Broadcasting / Arts / Entertainment 103,840 BOB
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 77,100 BOB
Sound Engineer Media / Broadcasting / Arts / Entertainment 83,760 BOB
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 45,720 BOB
Stage Technician Media / Broadcasting / Arts / Entertainment 48,740 BOB
Sub Editor Media / Broadcasting / Arts / Entertainment 61,400 BOB
Television Executive Producer Media / Broadcasting / Arts / Entertainment 187,500 BOB
Transmission Engineer Media / Broadcasting / Arts / Entertainment 91,560 BOB
Video Editor Media / Broadcasting / Arts / Entertainment 72,740 BOB
Video Producer Media / Broadcasting / Arts / Entertainment 95,600 BOB
Videographer Media / Broadcasting / Arts / Entertainment 85,700 BOB
Visual Designer Media / Broadcasting / Arts / Entertainment 84,800 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 92,240 BOB
La Paz 93,140 BOB
Oruro 88,300 BOB
Potosi 81,960 BOB
Santa Cruz 96,980 BOB
Sucre 83,100 BOB

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