Average Research Assistant Salary in Bolivia for 2024

In this article, we will look at the average Research Assistant 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 Research Assistant Make in Bolivia?

A Research Assistant working in Bolivia will typically earn around 71,400 BOB per year, and this can range from the lowest average salary of about 39,960 BOB to the highest average salary of 109,340 BOB.

Average Annual Salary
71,400 BOB
Average Monthly Salary
5,950 BOB

Lowest Annual Salary
39,960 BOB
Lowest Monthly Salary
3,330 BOB

Highest Annual Salary
109,340 BOB
Highest Monthly Salary
9,111 BOB

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

Research Assistant 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 Research Assistant Salaries in Bolivia

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

Salary ranges

We already know that a Research Assistant can earn between 39,960 BOB and 109,340 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 Research Assistant in Bolivia is 66,960 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 66,960 BOB, and 50% of the population earn more than 66,960 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 Research Assistant salary in Bolivia, 25% of the population are earning less than 49,360 BOB while 75% of the population earn more than 49,360 BOB.

75% of the population earn less than 83,100 BOB, and 25% of the population earn more than 83,100 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.

Research Assistant 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 research assistant 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 Research Assistant in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 44,720 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Research Assistant salary would increase to 53,320 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Research Assistant, the average salary would be 79,120 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 92,300 BOB.
  • 15 - 20 Years Experience. A Research Assistant with 15 to 20 years of experience can earn an average of 97,900 BOB.
  • 20+ Years Experience. For a Research Assistant with more than 20 years, the expected average salary increases to 104,060 BOB.

Average Salary by Experience Chart

0-2 Years
44,720 BOB
2-5 Years +23%
53,320 BOB
5-10 Years +42%
79,120 BOB
10-15 Years +17%
92,300 BOB
15-20 Years +10%
97,900 BOB
20+ Years +6%
104,060 BOB

Research Assistant 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 Research Assistant 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 Research Assistant in Bolivia with a high school education can earn an average salary of 52,300 BOB.

  • Certificate or Diploma. A Research Assistant in Bolivia with a certificate or diploma education can earn an average salary of 62,100 BOB.

  • Bachelor's Degree. A Research Assistant in Bolivia with a bachelor's degree education can earn an average salary of 80,340 BOB.

  • Master's Degree. A Research Assistant in Bolivia with a master's degree education can earn an average salary of 104,060 BOB.

Average Salary by Education Chart

High School
52,300 BOB
Certificate or Diploma +13%
62,100 BOB
Bachelor's Degree +31%
80,340 BOB
Master's Degree +32%
104,060 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.

Research Assistant 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 research assistant will earn an average of 77,400 BOB, while a female research assistant will earn around 69,540 BOB.

This means that a male research assistant earns approximately 11% more than a female research assistant for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
77,400 BOB
Female -11%
69,540 BOB

Research Assistant 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 Research Assistant in Bolivia is around 9% every 26 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 = ( 9 ÷ 26 ) × 12  = 4%

What this means is that a Research Assistant in Bolivia can expect to receive an average pay raise of around 4% 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%

Research Assistant 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 Research Assistant is a low bonus based job, with 34% of employees reporting at least one bonus in the last 12 months.

66% 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 5%.

Received Bonus
34%
No Bonus
66%

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 Research Assistant

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

Job Title Category Salary
Assistant Business Development Manager Business Planning 142,300 BOB
Assistant Merchandise Planner Business Planning 78,500 BOB
Business Advisor Business Planning 136,100 BOB
Business Analyst Business Planning 125,100 BOB
Business Consultant Business Planning 125,100 BOB
Business Continuity Associate Business Planning 73,800 BOB
Business Developer Business Planning 86,740 BOB
Business Development Analyst Business Planning 93,120 BOB
Business Development Associate Business Planning 69,780 BOB
Business Development Coordinator Business Planning 67,320 BOB
Business Development Director Business Planning 183,600 BOB
Business Development Engineer Business Planning 105,980 BOB
Business Development Executive Business Planning 127,700 BOB
Business Development Manager Business Planning 167,100 BOB
Business Development Specialist Business Planning 118,520 BOB
Business Manager Business Planning 143,200 BOB
Business Operations Specialist Business Planning 119,700 BOB
Business Process Writer Business Planning 73,820 BOB
Business Systems Analyst Business Planning 125,700 BOB
Capacity Planner Business Planning 94,800 BOB
Capacity Planning Supervisor Business Planning 115,640 BOB
Change Communications Analyst Business Planning 125,100 BOB
Change Control Analyst Business Planning 117,440 BOB
Change Impact Analyst Business Planning 119,900 BOB
Contracts Executive Business Planning 127,700 BOB
Corporate Strategy Analyst Business Planning 136,200 BOB
Cost Control Engineer Business Planning 83,760 BOB
Cost Controller Business Planning 96,500 BOB
Cost Estimator Business Planning 86,520 BOB
Data Executive Business Planning 65,760 BOB
Data Manager Business Planning 97,060 BOB
Data Processing Manager Business Planning 113,220 BOB
Development Researcher Business Planning 101,840 BOB
Director of Business Development Business Planning 183,600 BOB
Director of Production Planning Business Planning 157,600 BOB
Due Diligence Analyst Business Planning 143,200 BOB
Estimating Manager Business Planning 137,400 BOB
General Manager Business Planning 150,000 BOB
Incident Handler Business Planning 88,260 BOB
Incident Specialist Business Planning 108,340 BOB
Lean Consultant Business Planning 96,720 BOB
Manager Business Planning 172,400 BOB
Marketing and Business Development Manager Business Planning 152,100 BOB
Materials Planner Business Planning 57,080 BOB
Merchandise Assistant Business Planning 56,460 BOB
Merchandise Controller Business Planning 51,800 BOB
Merchandise Planner Business Planning 57,620 BOB
Operations Analyst Business Planning 118,800 BOB
Operations Manager Business Planning 128,900 BOB
Operations Research Analyst Business Planning 78,940 BOB
Planning and Reporting Manager Business Planning 138,800 BOB
Planning Director Business Planning 161,300 BOB
Project Administrator Business Planning 78,940 BOB
Project Manager Business Planning 128,900 BOB
Project Planner Business Planning 80,640 BOB
Research Engineer Business Planning 78,620 BOB
Research Officer Business Planning 61,580 BOB
Risk Management Specialist Business Planning 123,400 BOB
Scholarship Coordinator Business Planning 64,640 BOB
Store Planner Business Planning 63,480 BOB
Strategy Director Business Planning 172,200 BOB
Top Research and Development Executive Business Planning 187,300 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 74,620 BOB
La Paz 75,040 BOB
Oruro 73,760 BOB
Potosi 65,080 BOB
Santa Cruz 78,620 BOB
Sucre 64,920 BOB

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