Average Stock Clerk Salary in Bolivia for 2024

In this article, we will look at the average Stock Clerk 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 Stock Clerk Make in Bolivia?

A Stock Clerk working in Bolivia will typically earn around 50,980 BOB per year, and this can range from the lowest average salary of about 25,940 BOB to the highest average salary of 79,260 BOB.

Average Annual Salary
50,980 BOB
Average Monthly Salary
4,248 BOB

Lowest Annual Salary
25,940 BOB
Lowest Monthly Salary
2,161 BOB

Highest Annual Salary
79,260 BOB
Highest Monthly Salary
6,605 BOB

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

Stock Clerk 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 Stock Clerk Salaries in Bolivia

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

Salary ranges

We already know that a Stock Clerk can earn between 25,940 BOB and 79,260 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 Stock Clerk in Bolivia is 50,980 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 50,980 BOB, and 50% of the population earn more than 50,980 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 Stock Clerk salary in Bolivia, 25% of the population are earning less than 33,520 BOB while 75% of the population earn more than 33,520 BOB.

75% of the population earn less than 66,820 BOB, and 25% of the population earn more than 66,820 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.

Stock Clerk 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 stock clerk 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 Stock Clerk in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 31,080 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Stock Clerk salary would increase to 42,040 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Stock Clerk, the average salary would be 52,300 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 63,040 BOB.
  • 15 - 20 Years Experience. A Stock Clerk with 15 to 20 years of experience can earn an average of 67,800 BOB.
  • 20+ Years Experience. For a Stock Clerk with more than 20 years, the expected average salary increases to 72,740 BOB.

Average Salary by Experience Chart

0-2 Years
31,080 BOB
2-5 Years +32%
42,040 BOB
5-10 Years +34%
52,300 BOB
10-15 Years +19%
63,040 BOB
15-20 Years +8%
67,800 BOB
20+ Years +7%
72,740 BOB

Stock Clerk 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 Stock Clerk 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 Stock Clerk in Bolivia with a high school education can earn an average salary of 42,040 BOB.

  • Certificate or Diploma. A Stock Clerk in Bolivia with a certificate or diploma education can earn an average salary of 57,320 BOB.

  • Bachelor's Degree. A Stock Clerk in Bolivia with a bachelor's degree education can earn an average salary of 71,020 BOB.

Average Salary by Education Chart

High School
42,040 BOB
Certificate or Diploma +40%
57,320 BOB
Bachelor's Degree +25%
71,020 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.

Stock Clerk 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 stock clerk will earn an average of 50,180 BOB, while a female stock clerk will earn around 48,760 BOB.

This means that a male stock clerk earns approximately 3% more than a female stock clerk for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
50,180 BOB
Female -3%
48,760 BOB

Stock Clerk 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 Stock Clerk in Bolivia is around 6% every 29 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 = ( 6 ÷ 29 ) × 12  = 2%

What this means is that a Stock Clerk in Bolivia can expect to receive an average pay raise of around 2% 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%

Stock Clerk 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 Stock Clerk is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.

89% 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 0% to 3%.

Received Bonus
11%
No Bonus
89%

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 Stock Clerk

In the table below, we have salary information for jobs that are similar to a Stock Clerk 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
Project Buyer Purchasing and Inventory 114,940 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 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 48,560 BOB
La Paz 54,180 BOB
Oruro 47,400 BOB
Potosi 42,960 BOB
Santa Cruz 55,320 BOB
Sucre 48,300 BOB

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