Average Project Buyer Salary in Bolivia for 2024

In this article, we will look at the average Project Buyer 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 Project Buyer Make in Bolivia?

A Project Buyer working in Bolivia will typically earn around 114,940 BOB per year, and this can range from the lowest average salary of about 57,800 BOB to the highest average salary of 172,200 BOB.

Average Annual Salary
114,940 BOB
Average Monthly Salary
9,578 BOB

Lowest Annual Salary
57,800 BOB
Lowest Monthly Salary
4,816 BOB

Highest Annual Salary
172,200 BOB
Highest Monthly Salary
14,350 BOB

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

Project Buyer 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 Project Buyer Salaries in Bolivia

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

Salary ranges

We already know that a Project Buyer can earn between 57,800 BOB and 172,200 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 Project Buyer in Bolivia is 111,860 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 111,860 BOB, and 50% of the population earn more than 111,860 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 Project Buyer salary in Bolivia, 25% of the population are earning less than 76,540 BOB while 75% of the population earn more than 76,540 BOB.

75% of the population earn less than 138,200 BOB, and 25% of the population earn more than 138,200 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.

Project Buyer 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 project buyer 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 Project Buyer in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 64,180 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Project Buyer salary would increase to 83,060 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Project Buyer, the average salary would be 118,800 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 142,300 BOB.
  • 15 - 20 Years Experience. A Project Buyer with 15 to 20 years of experience can earn an average of 154,700 BOB.
  • 20+ Years Experience. For a Project Buyer with more than 20 years, the expected average salary increases to 168,100 BOB.

Average Salary by Experience Chart

0-2 Years
64,180 BOB
2-5 Years +31%
83,060 BOB
5-10 Years +40%
118,800 BOB
10-15 Years +20%
142,300 BOB
15-20 Years +9%
154,700 BOB
20+ Years +8%
168,100 BOB

Project Buyer 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 Project Buyer 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 Project Buyer in Bolivia with a high school education can earn an average salary of 73,120 BOB.

  • Certificate or Diploma. A Project Buyer in Bolivia with a certificate or diploma education can earn an average salary of 110,340 BOB.

  • Bachelor's Degree. A Project Buyer in Bolivia with a bachelor's degree education can earn an average salary of 168,100 BOB.

Average Salary by Education Chart

High School
73,120 BOB
Certificate or Diploma +47%
110,340 BOB
Bachelor's Degree +53%
168,100 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.

Project Buyer 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 project buyer will earn an average of 118,800 BOB, while a female project buyer will earn around 109,740 BOB.

This means that a male project buyer earns approximately 8% more than a female project buyer for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
118,800 BOB
Female -8%
109,740 BOB

Project Buyer 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 Project Buyer in Bolivia is around 7% every 30 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Project Buyer 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%

Project Buyer 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 Project Buyer 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 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 Project Buyer

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

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 92,720 BOB
Asset Protection Associate Purchasing and Inventory 88,620 BOB
Asset Protection Specialist Purchasing and Inventory 96,160 BOB
Assistant Buyer Purchasing and Inventory 87,000 BOB
Buyer Purchasing and Inventory 139,100 BOB
Capacity Planner Purchasing and Inventory 104,040 BOB
Category Leader Purchasing and Inventory 99,920 BOB
Category Management Specialist Purchasing and Inventory 95,760 BOB
Category Manager Purchasing and Inventory 113,220 BOB
Channel Services Representative Purchasing and Inventory 100,280 BOB
Contracts Manager Purchasing and Inventory 112,000 BOB
Contracts Specialist Purchasing and Inventory 98,140 BOB
Demand Planner Purchasing and Inventory 99,100 BOB
Demand Planning Manager Purchasing and Inventory 119,900 BOB
Distribution Assistant Purchasing and Inventory 87,020 BOB
Distribution Associate Purchasing and Inventory 80,020 BOB
Distribution Manager Purchasing and Inventory 172,400 BOB
Inventory Analyst Purchasing and Inventory 86,640 BOB
Inventory Control Clerk Purchasing and Inventory 46,880 BOB
Inventory Control Manager Purchasing and Inventory 127,700 BOB
Inventory Management Associate Purchasing and Inventory 96,540 BOB
Inventory Specialist Purchasing and Inventory 87,880 BOB
Logistics Engineer Purchasing and Inventory 80,280 BOB
Master Planner Purchasing and Inventory 85,760 BOB
Material Handler Purchasing and Inventory 54,180 BOB
Material Planning Specialist Purchasing and Inventory 77,340 BOB
Merchandise Manager Purchasing and Inventory 105,940 BOB
Procurement Administrator Purchasing and Inventory 111,860 BOB
Procurement Agent Purchasing and Inventory 72,540 BOB
Procurement Analyst Purchasing and Inventory 116,960 BOB
Procurement Assistant Purchasing and Inventory 66,960 BOB
Procurement Associate Purchasing and Inventory 91,660 BOB
Procurement Clerk Purchasing and Inventory 44,780 BOB
Procurement Engineer Purchasing and Inventory 91,320 BOB
Procurement Manager Purchasing and Inventory 190,500 BOB
Procurement Officer Purchasing and Inventory 47,180 BOB
Procurement Process Analyst Purchasing and Inventory 105,800 BOB
Procurement Specialist Purchasing and Inventory 84,740 BOB
Production Planner Purchasing and Inventory 97,900 BOB
Purchaser Purchasing and Inventory 148,300 BOB
Purchasing Agent Purchasing and Inventory 80,340 BOB
Purchasing Assistant Purchasing and Inventory 47,720 BOB
Purchasing Manager Purchasing and Inventory 194,600 BOB
Purchasing Officer Purchasing and Inventory 85,020 BOB
Purchasing Supervisor Purchasing and Inventory 117,440 BOB
Shipping and Receiving Clerk Purchasing and Inventory 47,180 BOB
Shipping Coordinator Purchasing and Inventory 87,520 BOB
Stock Clerk Purchasing and Inventory 50,980 BOB
Stock Regulator Purchasing and Inventory 53,160 BOB
Storage Manager Purchasing and Inventory 116,420 BOB
Store Keeper Purchasing and Inventory 45,720 BOB
Stores and Logistics Coordinator Purchasing and Inventory 89,960 BOB
Supply Chain Analyst Purchasing and Inventory 134,600 BOB
Supply Chain Coordinator Purchasing and Inventory 97,300 BOB
Supply Chain Development Manager Purchasing and Inventory 161,600 BOB
Supply Chain Director Purchasing and Inventory 192,000 BOB
Supply Chain Manager Purchasing and Inventory 196,800 BOB
Supply Planner Purchasing and Inventory 93,220 BOB
Warehouse Assistant Purchasing and Inventory 38,680 BOB
Warehouse Clerk Purchasing and Inventory 38,700 BOB
Warehouse Executive Purchasing and Inventory 161,600 BOB
Warehouse Lead Purchasing and Inventory 108,120 BOB
Warehouse Manager Purchasing and Inventory 161,300 BOB
Warehouse Supervisor Purchasing and Inventory 109,720 BOB
Wholesale Buyer Purchasing and Inventory 137,400 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 119,900 BOB
La Paz 124,400 BOB
Oruro 112,760 BOB
Potosi 106,760 BOB
Santa Cruz 125,100 BOB
Sucre 115,400 BOB

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