Average Product Planner Salary in Dominican Republic for 2024

In this article, we will look at the average Product Planner salary for 2024 in Dominican Republic 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 Dominican peso. To keep things simple, we are using the DOP currency code instead of the currency symbol $.

How Much Does a Product Planner Make in Dominican Republic?

A Product Planner working in Dominican Republic will typically earn around 190,500 DOP per year, and this can range from the lowest average salary of about 92,400 DOP to the highest average salary of 297,000 DOP.

Average Annual Salary
190,500 DOP
Average Monthly Salary
15,875 DOP

Lowest Annual Salary
92,400 DOP
Lowest Monthly Salary
7,700 DOP

Highest Annual Salary
297,000 DOP
Highest Monthly Salary
24,750 DOP

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

Product Planner 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 Product Planner Salaries in Dominican Republic

So we've looked at the average salaries a Product Planner will earn in Dominican Republic. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Product Planner can earn between 92,400 DOP and 297,000 DOP on average in Dominican Republic. 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 Product Planner in Dominican Republic is 197,600 DOP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 197,600 DOP, and 50% of the population earn more than 197,600 DOP.

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 Product Planner salary in Dominican Republic, 25% of the population are earning less than 128,500 DOP while 75% of the population earn more than 128,500 DOP.

75% of the population earn less than 257,700 DOP, and 25% of the population earn more than 257,700 DOP.

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.

Product Planner Salary by Experience Level in Dominican Republic

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 product planner 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 Product Planner in Dominican Republic that has less than two years of experience can expect to earn somewhere in the region of 106,600 DOP.
  • 2 - 5 Years Experience. With two to five years of experience the average Product Planner salary would increase to 152,100 DOP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Product Planner, the average salary would be 197,600 DOP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 245,300 DOP.
  • 15 - 20 Years Experience. A Product Planner with 15 to 20 years of experience can earn an average of 261,300 DOP.
  • 20+ Years Experience. For a Product Planner with more than 20 years, the expected average salary increases to 282,500 DOP.

Average Salary by Experience Chart

0-2 Years
106,600 DOP
2-5 Years +42%
152,100 DOP
5-10 Years +31%
197,600 DOP
10-15 Years +23%
245,300 DOP
15-20 Years +6%
261,300 DOP
20+ Years +10%
282,500 DOP

Product Planner Salary by Education Level in Dominican Republic

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 Product Planner in Dominican Republic 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 Product Planner in Dominican Republic with a high school education can earn an average salary of 134,600 DOP.

  • Certificate or Diploma. A Product Planner in Dominican Republic with a certificate or diploma education can earn an average salary of 152,300 DOP.

  • Bachelor's Degree. A Product Planner in Dominican Republic with a bachelor's degree education can earn an average salary of 221,500 DOP.

  • Master's Degree. A Product Planner in Dominican Republic with a master's degree education can earn an average salary of 275,800 DOP.

Average Salary by Education Chart

High School
134,600 DOP
Certificate or Diploma +16%
152,300 DOP
Bachelor's Degree +46%
221,500 DOP
Master's Degree +23%
275,800 DOP

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 Dominican Republic is around 99,300 to 298,000 DOP 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.

Product Planner 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 Dominican Republic, a male product planner will earn an average of 197,600 DOP, while a female product planner will earn around 185,100 DOP.

This means that a male product planner earns approximately 7% more than a female product planner for performing the same job.

Average Salary by Gender Chart in Dominican Republic

Male
197,600 DOP
Female -7%
185,100 DOP

Product Planner Average Pay Raise in Dominican Republic

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 Product Planner in Dominican Republic is around 11% every 18 months.

The national average pay raise across all professions and industries in Dominican Republic is around 8% every 18 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 = ( 11 ÷ 18 ) × 12  = 7%

What this means is that a Product Planner in Dominican Republic can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Dominican Republic for 2024

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

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%

Product Planner Bonus and Incentive Rates in Dominican Republic

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 Product Planner is a moderate bonus based job, with 55% of employees reporting at least one bonus in the last 12 months.

45% 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
55%
No Bonus
45%

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 Dominican Republic earn approximately 7% more than private sector employees in the same role.

Public Sector
247,800 DOP
Private Sector -7%
232,400 DOP

Salaries for Jobs Similar to a Product Planner

In the table below, we have salary information for jobs that are similar to a Product Planner in Dominican Republic.

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 204,700 DOP
3D Designer Media / Broadcasting / Arts / Entertainment 207,700 DOP
3D Generalist Media / Broadcasting / Arts / Entertainment 183,700 DOP
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 205,700 DOP
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 142,300 DOP
Actor Media / Broadcasting / Arts / Entertainment 275,200 DOP
Art Administrator Media / Broadcasting / Arts / Entertainment 228,000 DOP
Art Director Media / Broadcasting / Arts / Entertainment 288,100 DOP
Art Lead Media / Broadcasting / Arts / Entertainment 271,300 DOP
Associate Media Director Media / Broadcasting / Arts / Entertainment 239,000 DOP
Associate Producer Media / Broadcasting / Arts / Entertainment 307,400 DOP
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 191,600 DOP
Broadcast Associate Media / Broadcasting / Arts / Entertainment 154,700 DOP
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 208,600 DOP
Broadcast Technician Media / Broadcasting / Arts / Entertainment 128,500 DOP
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 265,000 DOP
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 263,900 DOP
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 142,300 DOP
Camera Operator Media / Broadcasting / Arts / Entertainment 130,400 DOP
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 191,600 DOP
CAS Engineer Media / Broadcasting / Arts / Entertainment 232,400 DOP
Censorship Executive Media / Broadcasting / Arts / Entertainment 238,900 DOP
Choreographer Media / Broadcasting / Arts / Entertainment 190,500 DOP
Colorist Media / Broadcasting / Arts / Entertainment 108,340 DOP
Communications Manager Media / Broadcasting / Arts / Entertainment 308,300 DOP
Correspondent Media / Broadcasting / Arts / Entertainment 246,500 DOP
Dance Director Media / Broadcasting / Arts / Entertainment 209,700 DOP
Dancer Media / Broadcasting / Arts / Entertainment 197,600 DOP
Director of Photography Media / Broadcasting / Arts / Entertainment 232,900 DOP
Disc Jockey Media / Broadcasting / Arts / Entertainment 143,200 DOP
Editorial Assistant Media / Broadcasting / Arts / Entertainment 119,900 DOP
Events Manager Media / Broadcasting / Arts / Entertainment 209,500 DOP
Graphic Designer Media / Broadcasting / Arts / Entertainment 143,200 DOP
Illustrator Media / Broadcasting / Arts / Entertainment 163,800 DOP
Industrial Designer Media / Broadcasting / Arts / Entertainment 136,200 DOP
Instructional Designer Media / Broadcasting / Arts / Entertainment 128,900 DOP
Journalist Media / Broadcasting / Arts / Entertainment 261,300 DOP
Makeup Artist Media / Broadcasting / Arts / Entertainment 139,100 DOP
Media Design Manager Media / Broadcasting / Arts / Entertainment 388,100 DOP
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 123,400 DOP
Media Operations Manager Media / Broadcasting / Arts / Entertainment 281,500 DOP
Media Planner Media / Broadcasting / Arts / Entertainment 205,700 DOP
Media Producer Media / Broadcasting / Arts / Entertainment 267,100 DOP
Media Product Development Manager Media / Broadcasting / Arts / Entertainment 382,600 DOP
Media Production Manager Media / Broadcasting / Arts / Entertainment 362,200 DOP
Media Program Director Media / Broadcasting / Arts / Entertainment 388,100 DOP
Media Relation Executive Media / Broadcasting / Arts / Entertainment 407,300 DOP
Media Relations Manager Media / Broadcasting / Arts / Entertainment 390,000 DOP
Media Sales Manager Media / Broadcasting / Arts / Entertainment 431,100 DOP
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 228,500 DOP
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 146,200 DOP
Multimedia Designer Media / Broadcasting / Arts / Entertainment 154,700 DOP
Music Consultant Media / Broadcasting / Arts / Entertainment 192,000 DOP
Musician Media / Broadcasting / Arts / Entertainment 163,800 DOP
News Associate Media / Broadcasting / Arts / Entertainment 197,600 DOP
News Reporter Media / Broadcasting / Arts / Entertainment 252,300 DOP
Post Production Assistant Media / Broadcasting / Arts / Entertainment 134,600 DOP
Producer Media / Broadcasting / Arts / Entertainment 357,700 DOP
Product Designer Media / Broadcasting / Arts / Entertainment 151,800 DOP
Production Artist Media / Broadcasting / Arts / Entertainment 191,600 DOP
Production Assistant Media / Broadcasting / Arts / Entertainment 136,100 DOP
Production Director Media / Broadcasting / Arts / Entertainment 299,500 DOP
Production Technician Media / Broadcasting / Arts / Entertainment 128,900 DOP
Program Researcher Media / Broadcasting / Arts / Entertainment 231,000 DOP
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 175,900 DOP
Sound Engineer Media / Broadcasting / Arts / Entertainment 180,500 DOP
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 101,960 DOP
Stage Technician Media / Broadcasting / Arts / Entertainment 111,460 DOP
Sub Editor Media / Broadcasting / Arts / Entertainment 125,700 DOP
Television Executive Producer Media / Broadcasting / Arts / Entertainment 437,300 DOP
Transmission Engineer Media / Broadcasting / Arts / Entertainment 200,000 DOP
Video Editor Media / Broadcasting / Arts / Entertainment 172,400 DOP
Video Producer Media / Broadcasting / Arts / Entertainment 205,700 DOP
Videographer Media / Broadcasting / Arts / Entertainment 183,700 DOP
Visual Designer Media / Broadcasting / Arts / Entertainment 205,700 DOP

Salary Comparison by City

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

City Average Salary
Santo Domingo 214,000 DOP

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