Discover the salary of a Chemical Engineer job in Bolivia. Get insights into the average pay scale, compensation benefits, and factors that influence salary. Explore the earning potential and competitive remuneration packages offered in this dynamic field. Stay informed about the latest industry trends and find out how your qualifications and experience can impact your earning potential as a Chemical Engineer.
What is the average Chemical Engineer salary in Bolivia in 2024?
Average Chemical Engineer monthly salary
890USD
(USD 10,600 yearly)
Low750USD
Average890USD
High1,100USD
The typical earnings for individuals working at Bolivia amount to approximately USD 890 per month. Salary ranges span from USD 750 (lowest average) to USD 1,100 (highest average, actual maximum salary is higher). This average salary encompasses additional benefits like housing, transportation, and more. There is a notable discrepancy in salaries across various occupations. If you seek information about the salary of a specific job, please refer to the job title-specific salaries provided below.
Chemical Engineer Pay Scale and Salaries in Bolivia
Pay Scale Comparison and Salary Structure
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Salary Structure
In Bolivia, nearly everyone working as a Chemical Engineer earns less than USD 1,800. Approximately 75% of Chemical Engineers in Bolivia earn USD 540 or less. Half of the employees in Bolivia who work as Chemical Engineers earn less than USD 380, while the remaining 25% of Chemical Engineers in Bolivia earn less than USD 290.
Minimum Wage and Starting Salary
Minimum Wage and Starting Salary, specific to Chemical Engineer, refers to the fundamental pay levels for entry-level positions in this field. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires in Chemical Engineer, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Bolivia, the minimum salary for Chemical Engineer is USD 750.
Median Salary
Median Salary represents the middle point of all salaries in a dataset, with half of the values above and half below it. In Bolivia, the median salary is USD 700. It provides a more balanced view of income distribution, making it less sensitive to extreme values, and is commonly used to gauge average earnings in various professions and industries.
Salary range and Percentile
Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Bolivia, expected salary for the position of Chemical Engineer typically ranges from USD 750 to USD 1,100.
