Average Territory Sales Manager Salary in Bolivia for 2024

In this article, we will look at the average Territory Sales Manager 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 Territory Sales Manager Make in Bolivia?

A Territory Sales Manager working in Bolivia will typically earn around 176,800 BOB per year, and this can range from the lowest average salary of about 83,400 BOB to the highest average salary of 277,400 BOB.

Average Annual Salary
176,800 BOB
Average Monthly Salary
14,733 BOB

Lowest Annual Salary
83,400 BOB
Lowest Monthly Salary
6,950 BOB

Highest Annual Salary
277,400 BOB
Highest Monthly Salary
23,116 BOB

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

Territory Sales 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 Sales Manager Salaries in Bolivia

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

Salary ranges

We already know that a Territory Sales Manager can earn between 83,400 BOB and 277,400 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 Territory Sales Manager in Bolivia is 187,300 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 187,300 BOB, and 50% of the population earn more than 187,300 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 Territory Sales Manager salary in Bolivia, 25% of the population are earning less than 119,900 BOB while 75% of the population earn more than 119,900 BOB.

75% of the population earn less than 246,200 BOB, and 25% of the population earn more than 246,200 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.

Territory Sales Manager 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 territory sales 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 Sales Manager in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 96,720 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Territory Sales Manager salary would increase to 130,400 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Territory Sales Manager, the average salary would be 187,300 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 227,600 BOB.
  • 15 - 20 Years Experience. A Territory Sales Manager with 15 to 20 years of experience can earn an average of 239,300 BOB.
  • 20+ Years Experience. For a Territory Sales Manager with more than 20 years, the expected average salary increases to 263,100 BOB.

Average Salary by Experience Chart

0-2 Years
96,720 BOB
2-5 Years +38%
130,400 BOB
5-10 Years +42%
187,300 BOB
10-15 Years +22%
227,600 BOB
15-20 Years +6%
239,300 BOB
20+ Years +9%
263,100 BOB

Territory Sales Manager 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 Territory Sales Manager 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 Territory Sales Manager in Bolivia with a high school education can earn an average salary of 119,560 BOB.

  • Certificate or Diploma. A Territory Sales Manager in Bolivia with a certificate or diploma education can earn an average salary of 139,100 BOB.

  • Bachelor's Degree. A Territory Sales Manager in Bolivia with a bachelor's degree education can earn an average salary of 200,000 BOB.

  • Master's Degree. A Territory Sales Manager in Bolivia with a master's degree education can earn an average salary of 263,100 BOB.

Average Salary by Education Chart

High School
119,560 BOB
Certificate or Diploma +17%
139,100 BOB
Bachelor's Degree +45%
200,000 BOB
Master's Degree +31%
263,100 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.

Territory Sales 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 Bolivia, a male territory sales manager will earn an average of 183,700 BOB, while a female territory sales manager will earn around 169,000 BOB.

This means that a male territory sales manager earns approximately 9% more than a female territory sales manager for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
183,700 BOB
Female -9%
169,000 BOB

Territory Sales Manager 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 Territory Sales Manager in Bolivia is around 9% 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 = ( 9 ÷ 29 ) × 12  = 4%

What this means is that a Territory Sales Manager 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%

Territory Sales Manager 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 Territory Sales 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 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 Territory Sales Manager

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

Job Title Category Salary
Account Manager Sales Retail and Wholesale 119,900 BOB
Account Officer Sales Retail and Wholesale 60,160 BOB
Area Manager Sales Retail and Wholesale 125,100 BOB
Area Sales Director Sales Retail and Wholesale 216,800 BOB
Area Sales Manager Sales Retail and Wholesale 167,100 BOB
Assisstant Store Supervisor Sales Retail and Wholesale 72,180 BOB
Assistant Department Manager Sales Retail and Wholesale 78,260 BOB
Assistant Retail Store Manager Sales Retail and Wholesale 92,680 BOB
Branch Manager Sales Retail and Wholesale 130,400 BOB
Branch Supervisor Sales Retail and Wholesale 107,960 BOB
Cashier Sales Retail and Wholesale 38,780 BOB
Cashier Manager Sales Retail and Wholesale 91,320 BOB
Commercial Sales Manager Sales Retail and Wholesale 172,200 BOB
Corporate Sales Manager Sales Retail and Wholesale 142,300 BOB
Depot Manager Sales Retail and Wholesale 125,100 BOB
Depot Supervisor Sales Retail and Wholesale 106,160 BOB
Deputy Sales Manager Sales Retail and Wholesale 112,460 BOB
Director of Sales Sales Retail and Wholesale 197,600 BOB
Distribution Director Sales Retail and Wholesale 146,200 BOB
District Leader Sales Retail and Wholesale 103,840 BOB
District Manager Sales Retail and Wholesale 125,700 BOB
District Sales Manager Sales Retail and Wholesale 134,600 BOB
External Sales Account Manager Sales Retail and Wholesale 119,900 BOB
Field Sales Representative Sales Retail and Wholesale 85,700 BOB
Furniture Sales Associate Sales Retail and Wholesale 54,560 BOB
Global Wholesale Manager Sales Retail and Wholesale 221,500 BOB
Head Cashier Sales Retail and Wholesale 82,160 BOB
Head of Direct Sales Sales Retail and Wholesale 157,600 BOB
Head of Retail Sales Retail and Wholesale 151,800 BOB
Head Teller Sales Retail and Wholesale 83,300 BOB
Inside Sales Sales Retail and Wholesale 60,600 BOB
Inside Sales Account Manager Sales Retail and Wholesale 105,980 BOB
Inside Sales Engineer Sales Retail and Wholesale 75,280 BOB
Inside Sales Executive Sales Retail and Wholesale 111,240 BOB
Inside Sales Representative Sales Retail and Wholesale 66,260 BOB
Internal Sales Manager Sales Retail and Wholesale 129,000 BOB
Inventory Manager Sales Retail and Wholesale 113,840 BOB
Key Account Manager Sales Retail and Wholesale 125,700 BOB
Medical Device Sales Sales Retail and Wholesale 97,060 BOB
Medical Device Sales Representative Sales Retail and Wholesale 97,880 BOB
Merchandiser Sales Retail and Wholesale 83,140 BOB
National Account Manager Sales Retail and Wholesale 167,100 BOB
National Customer Solution Specialist Sales Retail and Wholesale 143,200 BOB
National Sales Manager Sales Retail and Wholesale 209,500 BOB
Outside Sales Representative Sales Retail and Wholesale 86,760 BOB
Parts Salesperson Sales Retail and Wholesale 64,620 BOB
Project Development Manager Sales Retail and Wholesale 136,200 BOB
Project Manager Sales Retail and Wholesale 134,600 BOB
Project Sales Executive Sales Retail and Wholesale 137,400 BOB
Purchasing and Sales Executive Sales Retail and Wholesale 185,100 BOB
Quotation Engineer Sales Retail and Wholesale 66,480 BOB
Regional Sales Director Sales Retail and Wholesale 221,500 BOB
Regional Sales Manager Sales Retail and Wholesale 221,500 BOB
Relationship Manager Sales Retail and Wholesale 143,200 BOB
Retail Merchandiser Sales Retail and Wholesale 49,560 BOB
Retail Operations Manager Sales Retail and Wholesale 127,700 BOB
Retail Sales Associate Sales Retail and Wholesale 97,060 BOB
Retail Sales Representative Sales Retail and Wholesale 80,580 BOB
Retail Salesperson Sales Retail and Wholesale 66,440 BOB
Retail Store Manager Sales Retail and Wholesale 125,700 BOB
Retail Store Sales Person Sales Retail and Wholesale 65,920 BOB
Revenue Manager Sales Retail and Wholesale 129,000 BOB
Sales Account Manager Sales Retail and Wholesale 143,200 BOB
Sales Admin Executive Sales Retail and Wholesale 159,100 BOB
Sales Administration Manager Sales Retail and Wholesale 157,600 BOB
Sales Analyst Sales Retail and Wholesale 127,700 BOB
Sales Assistant Sales Retail and Wholesale 51,100 BOB
Sales Associate Sales Retail and Wholesale 67,020 BOB
Sales Consultant Sales Retail and Wholesale 103,200 BOB
Sales Coordinator Sales Retail and Wholesale 66,960 BOB
Sales Development Representative Sales Retail and Wholesale 84,560 BOB
Sales Director Sales Retail and Wholesale 209,700 BOB
Sales Engineer Sales Retail and Wholesale 72,540 BOB
Sales Executive Sales Retail and Wholesale 128,900 BOB
Sales Manager Sales Retail and Wholesale 174,000 BOB
Sales Officer Sales Retail and Wholesale 69,240 BOB
Sales Planner Sales Retail and Wholesale 105,440 BOB
Sales Planning Analyst Sales Retail and Wholesale 115,080 BOB
Sales Representative Sales Retail and Wholesale 67,360 BOB
Sales Service Associate Sales Retail and Wholesale 66,260 BOB
Sales Specialist Sales Retail and Wholesale 95,720 BOB
Sales Supervisor Sales Retail and Wholesale 112,560 BOB
Sales Support Sales Retail and Wholesale 50,980 BOB
Sales Support Manager Sales Retail and Wholesale 113,280 BOB
Sales Team Leader Sales Retail and Wholesale 109,720 BOB
Sales Trainer Sales Retail and Wholesale 125,700 BOB
Securities Sales Agent Sales Retail and Wholesale 108,340 BOB
Shipper / Receiver Sales Retail and Wholesale 48,740 BOB
Shop Manager Sales Retail and Wholesale 113,740 BOB
Store Development Administrator Sales Retail and Wholesale 87,760 BOB
Store Manager Sales Retail and Wholesale 125,700 BOB
Territory Sales Representative Sales Retail and Wholesale 89,960 BOB
Trade Marketing Officer Sales Retail and Wholesale 120,040 BOB
Treasury Officer Sales Retail and Wholesale 102,720 BOB
Vice President Sales Sales Retail and Wholesale 161,300 BOB
Visual Merchandiser Sales Retail and Wholesale 61,840 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 181,600 BOB
La Paz 190,500 BOB
Oruro 180,500 BOB
Potosi 157,600 BOB
Santa Cruz 181,600 BOB
Sucre 163,800 BOB

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