Average Territory Manager Salary in Puerto Rico for 2024

In this article, we will look at the average Territory Manager salary for 2024 in Puerto Rico 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Territory Manager Make in Puerto Rico?

A Territory Manager working in Puerto Rico will typically earn around 29,200 USD per year, and this can range from the lowest average salary of about 14,900 USD to the highest average salary of 45,800 USD.

Average Annual Salary
29,200 USD
Average Monthly Salary
2,433 USD

Lowest Annual Salary
14,900 USD
Lowest Monthly Salary
1,241 USD

Highest Annual Salary
45,800 USD
Highest Monthly Salary
3,816 USD

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

Territory Manager 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 Territory Manager Salaries in Puerto Rico

So we've looked at the average salaries a Territory Manager will earn in Puerto Rico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Territory Manager can earn between 14,900 USD and 45,800 USD on average in Puerto Rico. 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 Territory Manager in Puerto Rico is 31,700 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 31,700 USD, and 50% of the population earn more than 31,700 USD.

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 Territory Manager salary in Puerto Rico, 25% of the population are earning less than 19,300 USD while 75% of the population earn more than 19,300 USD.

75% of the population earn less than 43,500 USD, and 25% of the population earn more than 43,500 USD.

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.

Territory Manager Salary by Experience Level in Puerto Rico

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 territory manager 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 Territory Manager in Puerto Rico that has less than two years of experience can expect to earn somewhere in the region of 14,200 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Territory Manager salary would increase to 22,600 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Territory Manager, the average salary would be 31,400 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 35,600 USD.
  • 15 - 20 Years Experience. A Territory Manager with 15 to 20 years of experience can earn an average of 38,900 USD.
  • 20+ Years Experience. For a Territory Manager with more than 20 years, the expected average salary increases to 45,000 USD.

Average Salary by Experience Chart

0-2 Years
14,200 USD
2-5 Years +34%
22,600 USD
5-10 Years +48%
31,400 USD
10-15 Years +22%
35,600 USD
15-20 Years +9%
38,900 USD
20+ Years +8%
45,000 USD

Territory Manager Salary by Education Level in Puerto Rico

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 Territory Manager in Puerto Rico 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 Territory Manager in Puerto Rico with a high school education can earn an average salary of 19,200 USD.

  • Certificate or Diploma. A Territory Manager in Puerto Rico with a certificate or diploma education can earn an average salary of 22,100 USD.

  • Bachelor's Degree. A Territory Manager in Puerto Rico with a bachelor's degree education can earn an average salary of 34,100 USD.

  • Master's Degree. A Territory Manager in Puerto Rico with a master's degree education can earn an average salary of 42,800 USD.

Average Salary by Education Chart

High School
19,200 USD
Certificate or Diploma +18%
22,100 USD
Bachelor's Degree +45%
34,100 USD
Master's Degree +31%
42,800 USD

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 Puerto Rico is around 8,390 to 25,200 USD 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.

Territory Manager 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 Puerto Rico, a male territory manager will earn an average of 32,600 USD, while a female territory manager will earn around 26,900 USD.

This means that a male territory manager earns approximately 21% more than a female territory manager for performing the same job.

Average Salary by Gender Chart in Puerto Rico

Male
32,600 USD
Female -21%
26,900 USD

Territory Manager Average Pay Raise in Puerto Rico

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 Territory Manager in Puerto Rico is around 9% every 28 months.

The national average pay raise across all professions and industries in Puerto Rico is around 4% every 29 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 ÷ 28 ) × 12  = 4%

What this means is that a Territory Manager in Puerto Rico can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Puerto Rico for 2024

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

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Territory Manager Bonus and Incentive Rates in Puerto Rico

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 Territory Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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 5% to 9%.

Received Bonus
67%
No Bonus
33%

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 Puerto Rico earn approximately 23% more than private sector employees in the same role.

Public Sector
23,400 USD
Private Sector -23%
19,000 USD

Salaries for Jobs Similar to a Territory Manager

In the table below, we have salary information for jobs that are similar to a Territory Manager in Puerto Rico.

Job Title Category Salary
Account Coordinator Executive and Management 20,200 USD
Account Director Executive and Management 21,100 USD
Account Executive Executive and Management 20,700 USD
Account Manager Executive and Management 23,000 USD
Administration Manager Executive and Management 24,400 USD
Administration Officer Executive and Management 12,800 USD
Administration Supervisor Executive and Management 19,300 USD
Administrative Clerk Executive and Management 7,290 USD
Administrative Officer Executive and Management 7,230 USD
Area Director Executive and Management 17,800 USD
Area Manager Executive and Management 18,600 USD
Asset Protection Associate Executive and Management 25,400 USD
Assistant Director Executive and Management 23,800 USD
Assistant General Manager Executive and Management 25,400 USD
Assistant Manager Executive and Management 23,400 USD
Assistant Managing Director Executive and Management 27,100 USD
Assistant Operations Manager Executive and Management 27,400 USD
Assistant Project Manager Executive and Management 21,500 USD
Assistant Section Head Executive and Management 16,300 USD
Assistant to CEO Executive and Management 22,600 USD
Assistant Vice President Executive and Management 25,300 USD
Associate Account Director Executive and Management 22,800 USD
Associate Director Executive and Management 23,200 USD
Bid Manager Executive and Management 26,400 USD
Branch Manager Executive and Management 25,300 USD
Business Development Manager Executive and Management 26,300 USD
Business Operations Associate Executive and Management 23,800 USD
Business Operations Lead Executive and Management 22,100 USD
Campaign Manager Executive and Management 22,800 USD
Catering Coordinator Executive and Management 13,500 USD
Catering Manager Executive and Management 23,200 USD
CEO Executive and Management 43,100 USD
Chairman of The Board Executive and Management 43,500 USD
Chairman Office Manager Executive and Management 26,300 USD
Chief Commercial Officer Executive and Management 34,100 USD
Chief Corporate Officer Executive and Management 33,000 USD
Chief Executive Officer Executive and Management 43,100 USD
Chief Financial Officer Executive and Management 39,100 USD
Chief Investment Officer Executive and Management 30,700 USD
Chief of Staff Executive and Management 18,600 USD
Chief Operating Officer Executive and Management 32,200 USD
Chief Risk Officer Executive and Management 27,100 USD
Client Account Manager Executive and Management 23,600 USD
Client Accounts Officer Executive and Management 23,700 USD
Client Services Manager Executive and Management 27,400 USD
Commercial Director Executive and Management 27,400 USD
Commercial Manager Executive and Management 27,600 USD
Commercial Project Manager Executive and Management 23,700 USD
Commodity Broker Executive and Management 19,000 USD
COO Executive and Management 32,200 USD
Corporate Affairs Executive Executive and Management 27,000 USD
Corporate Compliance Director Executive and Management 26,500 USD
Corporate Director Executive and Management 29,600 USD
Corporate Officer Executive and Management 17,800 USD
Corporate Partnerships Officer Executive and Management 23,000 USD
Country Manager Executive and Management 34,400 USD
Department Head Executive and Management 24,400 USD
Department Manager Executive and Management 25,800 USD
Department Supervisor Executive and Management 22,800 USD
Deputy Director Executive and Management 30,200 USD
Deputy Manager Executive and Management 33,200 USD
Director Executive and Management 32,600 USD
Director of Accreditation Executive and Management 27,400 USD
Director of Catering Services Executive and Management 25,700 USD
Director of Client Services Executive and Management 26,300 USD
Director of Facilities Management Executive and Management 23,700 USD
Director of Operations Executive and Management 25,800 USD
Director of Process Simplification Executive and Management 23,800 USD
Director of Product Management Executive and Management 25,800 USD
Director of Project Management Executive and Management 27,700 USD
Director of Revenue Management Executive and Management 27,100 USD
Director of Training and Development Executive and Management 26,300 USD
Distribution Manager Executive and Management 30,800 USD
Division Manager Executive and Management 26,200 USD
Duty Manager Executive and Management 23,600 USD
Engagement Manager Executive and Management 30,600 USD
Executive Director Executive and Management 39,800 USD
Executive Manager Executive and Management 33,000 USD
Franchise Manager Executive and Management 36,900 USD
General Manager Executive and Management 34,400 USD
Global Master Data Manager Executive and Management 30,100 USD
Global Technical Lead Executive and Management 22,600 USD
Head of Investment Executive and Management 26,500 USD
Head of Middle Office Executive and Management 24,800 USD
Head of Projects Executive and Management 26,500 USD
Head of Strategy Executive and Management 32,200 USD
Head of Supply Chain Executive and Management 27,800 USD
Head of Sustainability Executive and Management 23,500 USD
Housing Manager Executive and Management 23,400 USD
HSE Manager Executive and Management 22,400 USD
Key Account Manager Executive and Management 22,800 USD
Knowledge Manager Executive and Management 28,800 USD
Location Manager Executive and Management 27,300 USD
Logistics Executive Executive and Management 20,400 USD
Logistics Manager Executive and Management 22,200 USD
Management Consultant Executive and Management 22,800 USD
Management Executive Executive and Management 31,400 USD
Manager Executive and Management 29,600 USD
Managing Director Executive and Management 35,300 USD
MIS Executive Executive and Management 30,700 USD
Ocean Services Manager Executive and Management 27,700 USD
Operational Manager Executive and Management 30,800 USD
Operations Analyst Executive and Management 27,400 USD
Operations Assistant Executive and Management 20,000 USD
Operations Director Executive and Management 29,400 USD
Operations Executive Executive and Management 34,100 USD
Operations Manager Executive and Management 29,400 USD
Operations Supervisor Executive and Management 27,600 USD
Planning Director Executive and Management 30,800 USD
PMO Manager Executive and Management 26,300 USD
Policy Administration Executive Executive and Management 25,300 USD
Private Sector Executive Executive and Management 24,200 USD
Product Development Manager Executive and Management 30,700 USD
Product Executive Executive and Management 23,600 USD
Production Executive Executive and Management 28,900 USD
Production Manager Executive and Management 29,300 USD
Production Supervisor Executive and Management 24,400 USD
Program Director Executive and Management 30,100 USD
Program Manager Executive and Management 29,600 USD
Programme Coordinator Executive and Management 18,200 USD
Project Control Manager Executive and Management 29,600 USD
Project Coordinator Executive and Management 18,600 USD
Project Management Officer Executive and Management 20,400 USD
Project Manager Executive and Management 20,700 USD
Project Portfolio Manager Executive and Management 22,400 USD
Quality Manager Executive and Management 23,800 USD
R/D Director Executive and Management 25,700 USD
Regional Director Executive and Management 36,500 USD
Regional Manager Executive and Management 28,900 USD
Relationship Manager Executive and Management 29,200 USD
Retail District Manager Executive and Management 23,000 USD
Revenue Manager Executive and Management 22,000 USD
Risk and Capital Manager Executive and Management 33,300 USD
Risk Officer Executive and Management 20,000 USD
Safety Manager Executive and Management 24,400 USD
Section Head Executive and Management 20,700 USD
Service Manager Executive and Management 23,400 USD
Shift Supervisor Executive and Management 19,200 USD
Solutions Manager Executive and Management 22,000 USD
Supervisor Executive and Management 19,200 USD
Supply Chain Manager Executive and Management 30,800 USD
Surveyor Executive and Management 17,800 USD
Technical Director Executive and Management 27,300 USD
Technical Manager Executive and Management 28,800 USD
Validation Manager Executive and Management 26,400 USD
Vice President Executive and Management 33,000 USD
Zone Manager Executive and Management 27,700 USD

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