Average Revenue Management Specialist Salary in Bolivia for 2024

In this article, we will look at the average Revenue Management Specialist 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 Revenue Management Specialist Make in Bolivia?

A Revenue Management Specialist working in Bolivia will typically earn around 119,700 BOB per year, and this can range from the lowest average salary of about 57,800 BOB to the highest average salary of 189,300 BOB.

Average Annual Salary
119,700 BOB
Average Monthly Salary
9,975 BOB

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

Highest Annual Salary
189,300 BOB
Highest Monthly Salary
15,775 BOB

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

Revenue Management Specialist 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 Revenue Management Specialist Salaries in Bolivia

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

Salary ranges

We already know that a Revenue Management Specialist can earn between 57,800 BOB and 189,300 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 Revenue Management Specialist in Bolivia is 124,400 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 124,400 BOB, and 50% of the population earn more than 124,400 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 Revenue Management Specialist salary in Bolivia, 25% of the population are earning less than 80,280 BOB while 75% of the population earn more than 80,280 BOB.

75% of the population earn less than 161,600 BOB, and 25% of the population earn more than 161,600 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.

Revenue Management Specialist 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 revenue management specialist 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 Revenue Management Specialist in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 69,240 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Revenue Management Specialist salary would increase to 96,720 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Revenue Management Specialist, the average salary would be 127,700 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 154,700 BOB.
  • 15 - 20 Years Experience. A Revenue Management Specialist with 15 to 20 years of experience can earn an average of 163,800 BOB.
  • 20+ Years Experience. For a Revenue Management Specialist with more than 20 years, the expected average salary increases to 180,500 BOB.

Average Salary by Experience Chart

0-2 Years
69,240 BOB
2-5 Years +42%
96,720 BOB
5-10 Years +31%
127,700 BOB
10-15 Years +23%
154,700 BOB
15-20 Years +6%
163,800 BOB
20+ Years +10%
180,500 BOB

Revenue Management Specialist 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 Revenue Management Specialist 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 Revenue Management Specialist in Bolivia with a high school education can earn an average salary of 85,460 BOB.

  • Certificate or Diploma. A Revenue Management Specialist in Bolivia with a certificate or diploma education can earn an average salary of 98,140 BOB.

  • Bachelor's Degree. A Revenue Management Specialist in Bolivia with a bachelor's degree education can earn an average salary of 142,300 BOB.

  • Master's Degree. A Revenue Management Specialist in Bolivia with a master's degree education can earn an average salary of 172,200 BOB.

Average Salary by Education Chart

High School
85,460 BOB
Certificate or Diploma +16%
98,140 BOB
Bachelor's Degree +46%
142,300 BOB
Master's Degree +23%
172,200 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.

Revenue Management Specialist 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 revenue management specialist will earn an average of 124,400 BOB, while a female revenue management specialist will earn around 117,440 BOB.

This means that a male revenue management specialist earns approximately 6% more than a female revenue management specialist for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
124,400 BOB
Female -6%
117,440 BOB

Revenue Management Specialist 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 Revenue Management Specialist 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 Revenue Management Specialist 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%

Revenue Management Specialist 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 Revenue Management Specialist is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% 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
40%
No Bonus
60%

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 Revenue Management Specialist

In the table below, we have salary information for jobs that are similar to a Revenue Management Specialist in Bolivia.

Job Title Category Salary
Account Examiner Accounting and Finance 54,140 BOB
Account Executive Accounting and Finance 93,280 BOB
Accountant Accounting and Finance 73,040 BOB
Accounting Analyst Accounting and Finance 91,660 BOB
Accounting Assistant Accounting and Finance 59,380 BOB
Accounting Associate Accounting and Finance 53,160 BOB
Accounting Clerk Accounting and Finance 44,720 BOB
Accounting Coordinator Accounting and Finance 66,020 BOB
Accounting Head Accounting and Finance 148,300 BOB
Accounting Manager Accounting and Finance 152,000 BOB
Accounting Officer Accounting and Finance 50,620 BOB
Accounting Specialist Accounting and Finance 99,080 BOB
Accounting Supervisor Accounting and Finance 101,020 BOB
Accounting Technician Accounting and Finance 54,180 BOB
Accounting Unit Controller Accounting and Finance 118,380 BOB
Accounts Executive Accounting and Finance 91,320 BOB
Accounts Officer Accounting and Finance 57,620 BOB
Accounts Payable and Receivable Specialist Accounting and Finance 72,700 BOB
Accounts Payable Assistant Accounting and Finance 60,480 BOB
Accounts Payable Associate Accounting and Finance 64,640 BOB
Accounts Payable Clerk Accounting and Finance 53,320 BOB
Accounts Payable Manager Accounting and Finance 150,000 BOB
Accounts Receivable Administrator Accounting and Finance 108,320 BOB
Accounts Receivable Clerk Accounting and Finance 50,180 BOB
Accounts Receivable Financial Analyst Accounting and Finance 104,140 BOB
Accounts Receivable Manager Accounting and Finance 138,800 BOB
Accounts Receivable Team Leader Accounting and Finance 101,120 BOB
Assistant Accountant Accounting and Finance 57,320 BOB
Assistant Accounting Manager Accounting and Finance 143,200 BOB
Assistant Auditor Accounting and Finance 71,700 BOB
Assistant Corporate Controller Accounting and Finance 105,980 BOB
Assistant Finance Manager Accounting and Finance 159,500 BOB
Assistant Financial Controller Accounting and Finance 102,240 BOB
Audit Director Accounting and Finance 164,200 BOB
Audit Supervisor Accounting and Finance 136,200 BOB
Auditing Clerk Accounting and Finance 57,620 BOB
Auditing Manager Accounting and Finance 154,700 BOB
Billing Clerk Accounting and Finance 58,200 BOB
Billing Coordinator Accounting and Finance 67,320 BOB
Billing Specialist Accounting and Finance 79,260 BOB
Billing Supervisor Accounting and Finance 112,280 BOB
Bookkeeper Accounting and Finance 49,300 BOB
Bookkeeping Specialist Accounting and Finance 75,040 BOB
Budget Analyst Accounting and Finance 130,400 BOB
Budget Manager Accounting and Finance 148,300 BOB
Business Support Analyst Accounting and Finance 78,400 BOB
Capital Markets Associate Accounting and Finance 106,760 BOB
Cash Flow Analyst Accounting and Finance 110,380 BOB
Cash Management Manager Accounting and Finance 150,000 BOB
Cash Management Officer Accounting and Finance 89,120 BOB
Cashbook Clerk Accounting and Finance 49,300 BOB
Chartered Accountant Accounting and Finance 92,400 BOB
Chief Accountant Accounting and Finance 111,860 BOB
Collections Clerk Accounting and Finance 45,260 BOB
Collections Representative Accounting and Finance 61,680 BOB
Collections Specialist Accounting and Finance 75,220 BOB
Corporate Controller Accounting and Finance 112,620 BOB
Corporate Treasurer Accounting and Finance 138,800 BOB
Cost Accountant Accounting and Finance 74,620 BOB
Cost Accounting Manager Accounting and Finance 151,800 BOB
Cost Accounting Supervisor Accounting and Finance 115,260 BOB
Cost Analyst Accounting and Finance 110,340 BOB
Credit and Collection Manager Accounting and Finance 143,200 BOB
Credit and Collection Staff Accounting and Finance 52,820 BOB
Credit and Loans Officer Accounting and Finance 50,180 BOB
Credit Controller Accounting and Finance 99,100 BOB
Credit Manager Accounting and Finance 152,300 BOB
Debt Adviser Accounting and Finance 123,400 BOB
Debt Collector Accounting and Finance 62,100 BOB
Debtors Clerk Accounting and Finance 50,020 BOB
Debtors Controller Accounting and Finance 50,620 BOB
Deputy CFO Accounting and Finance 204,000 BOB
Deputy Head of Finance Accounting and Finance 196,800 BOB
Derivative Trader Accounting and Finance 125,100 BOB
Director of Finance Accounting and Finance 221,500 BOB
Economist Accounting and Finance 175,900 BOB
Equity Analyst Accounting and Finance 127,700 BOB
Escrow Assistant Accounting and Finance 67,300 BOB
Executive Accountant Accounting and Finance 83,400 BOB
External Auditor Accounting and Finance 105,940 BOB
Finance Administrator Accounting and Finance 84,580 BOB
Finance Analyst Accounting and Finance 139,100 BOB
Finance Associate Accounting and Finance 65,800 BOB
Finance Director Accounting and Finance 207,700 BOB
Finance Executive Accounting and Finance 161,300 BOB
Finance Licensing Clerk Accounting and Finance 55,020 BOB
Finance Licensing Manager Accounting and Finance 136,200 BOB
Finance Licensing Specialist Accounting and Finance 78,480 BOB
Finance Manager Accounting and Finance 204,700 BOB
Finance Officer Accounting and Finance 66,120 BOB
Finance President Accounting and Finance 228,500 BOB
Finance Relationship Manager Accounting and Finance 161,300 BOB
Finance Release Analyst Accounting and Finance 83,900 BOB
Finance Specialist Accounting and Finance 123,400 BOB
Finance Team Leader Accounting and Finance 159,500 BOB
Financial Accountant Accounting and Finance 71,700 BOB
Financial Actuary Accounting and Finance 112,180 BOB
Financial Administrator Accounting and Finance 119,900 BOB
Financial Advisor Accounting and Finance 139,100 BOB
Financial Analyst Accounting and Finance 128,900 BOB
Financial Applications Specialist Accounting and Finance 92,300 BOB
Financial Assistant Accounting and Finance 61,180 BOB
Financial Associate Accounting and Finance 57,800 BOB
Financial Associate Accounting and Finance 67,360 BOB
Financial Claims Analyst Accounting and Finance 101,020 BOB
Financial Claims Manager Accounting and Finance 136,100 BOB
Financial Claims Supervisor Accounting and Finance 114,000 BOB
Financial Clerk Accounting and Finance 54,700 BOB
Financial Commercial Analyst Accounting and Finance 104,140 BOB
Financial Compliance Analyst Accounting and Finance 119,860 BOB
Financial Consultant Accounting and Finance 96,960 BOB
Financial Controller Accounting and Finance 119,860 BOB
Financial Controller Accounting and Finance 119,900 BOB
Financial Coordinator Accounting and Finance 67,560 BOB
Financial Customer Service Manager Accounting and Finance 138,200 BOB
Financial Dealer and Broker Accounting and Finance 78,160 BOB
Financial Director Accounting and Finance 209,700 BOB
Financial Encoder Accounting and Finance 61,460 BOB
Financial Manager Accounting and Finance 196,800 BOB
Financial Manager Accounting and Finance 210,500 BOB
Financial Operations Manager Accounting and Finance 192,000 BOB
Financial Policy Analyst Accounting and Finance 115,740 BOB
Financial Project Manager Accounting and Finance 157,600 BOB
Financial Quantitative Analyst Accounting and Finance 127,700 BOB
Financial Reporting Consultant Accounting and Finance 104,500 BOB
Financial Reporting Manager Accounting and Finance 142,300 BOB
Financial Section Head Accounting and Finance 143,200 BOB
Financial Services Manager Accounting and Finance 180,300 BOB
Financial Services Sales Agent Accounting and Finance 78,940 BOB
Fixed Assets Administrator Accounting and Finance 79,360 BOB
Forensic Accountant Accounting and Finance 80,280 BOB
Fraud Detection Supervisor Accounting and Finance 88,580 BOB
Fraud Prevention Manager Accounting and Finance 148,300 BOB
Fund Accountant Accounting and Finance 69,240 BOB
Grants Coordinator Accounting and Finance 55,840 BOB
Group Financial Manager Accounting and Finance 210,500 BOB
Internal Auditor Accounting and Finance 96,220 BOB
Internal Control Adviser Accounting and Finance 110,380 BOB
Internal Control Officer Accounting and Finance 63,320 BOB
International Tax Director Accounting and Finance 176,800 BOB
Inventory Accountant Accounting and Finance 72,540 BOB
Investment Advisor Accounting and Finance 205,700 BOB
Investment Analyst Accounting and Finance 138,800 BOB
Investment Associate Accounting and Finance 124,400 BOB
Investment Broker Accounting and Finance 123,400 BOB
Investment Fund Manager Accounting and Finance 172,200 BOB
Investment Operations Manager Accounting and Finance 168,100 BOB
Investment Underwriter Accounting and Finance 58,440 BOB
Investor Accounting and Finance 98,440 BOB
Investor Relations Manager Accounting and Finance 138,800 BOB
KYC Team Leader Accounting and Finance 146,200 BOB
Loan Processor Accounting and Finance 64,040 BOB
Management Accountant Accounting and Finance 80,520 BOB
Management Economist Accounting and Finance 161,600 BOB
Paymaster Accounting and Finance 57,860 BOB
Payroll Administrator Accounting and Finance 99,340 BOB
Payroll Benefits Coordinator Accounting and Finance 78,400 BOB
Payroll Billing Manager Accounting and Finance 136,100 BOB
Payroll Clerk Accounting and Finance 66,260 BOB
Payroll Manager Accounting and Finance 128,900 BOB
Payroll Officer Accounting and Finance 67,560 BOB
Payroll Specialist Accounting and Finance 72,260 BOB
Payroll Supervisor Accounting and Finance 91,660 BOB
Pensions Administrator Accounting and Finance 73,760 BOB
Personal Financial Advisor Accounting and Finance 107,380 BOB
Pricing Analyst Accounting and Finance 117,520 BOB
Private Equity Analyst Accounting and Finance 127,700 BOB
Project Accountant Accounting and Finance 78,120 BOB
Proposal Development Coordinator Accounting and Finance 61,780 BOB
Receivables Accountant Accounting and Finance 72,180 BOB
Regulatory Accountant Accounting and Finance 80,920 BOB
Retirement Plan Analyst Accounting and Finance 112,620 BOB
Revenue Recognition Analyst Accounting and Finance 137,400 BOB
Risk Management Director Accounting and Finance 176,800 BOB
Risk Management Supervisor Accounting and Finance 150,000 BOB
Staff Accountant Accounting and Finance 72,360 BOB
Tax Accountant Accounting and Finance 69,580 BOB
Tax Administrator Accounting and Finance 83,200 BOB
Tax Advisor Accounting and Finance 111,240 BOB
Tax Analyst Accounting and Finance 112,620 BOB
Tax Associate Accounting and Finance 61,680 BOB
Tax Consultant Accounting and Finance 119,700 BOB
Tax Director Accounting and Finance 161,300 BOB
Tax Examiner Accounting and Finance 82,200 BOB
Tax Manager Accounting and Finance 143,200 BOB
Tax Research Manager Accounting and Finance 148,300 BOB
Teller Accounting and Finance 43,520 BOB
Treasury Accountant Accounting and Finance 75,980 BOB
Treasury Analyst Accounting and Finance 119,080 BOB
Underwriter Accounting and Finance 53,840 BOB
Underwriting Assistant Accounting and Finance 45,000 BOB
Vice President of Finance Accounting and Finance 191,600 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 124,400 BOB
La Paz 125,700 BOB
Oruro 124,400 BOB
Potosi 110,380 BOB
Santa Cruz 136,200 BOB
Sucre 125,100 BOB

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