Eligibility Specialist Average Salary in Macedonia 2021
How much money does an Eligibility Specialist make in Macedonia?
LOW
21,400
MKD AVERAGE
46,600
MKD HIGH
74,100
MKD
A person working as an Eligibility Specialist in Macedonia typically earns around 46,600 MKD per month. Salaries range from 21,400 MKD (lowest) to 74,100 MKD (highest).
This is the average monthly salary including housing, transport, and other benefits. Eligibility Specialist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Eligibility Specialist Salary Distribution in Macedonia
The median, the maximum, the minimum, and the range
Salary Range
Eligibility Specialist salaries in Macedonia range from 21,400 MKD per month (minimum salary) to 74,100 MKD per month (maximum salary).
Median Salary
The median salary is 50,300 MKD per month, which means that half (50%) of people working as Eligibility Specialist(s) are earning less than 50,300 MKD while the other half are earning more than 50,300 MKD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Eligibility Specialist(s) are earning less than 32,300 MKD while 75% of them are earning more than 32,300 MKD. Also from the diagram, 75% of Eligibility Specialist(s) are earning less than 67,200 MKD while 25% are earning more than 67,200 MKD.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
Eligibility Specialist Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Eligibility Specialist salaries by experience level and this is what we found.
An Eligibility Specialist with less than two years of experience makes approximately 24,300 MKD per month.
While someone with an experience level between two and five years is expected to earn 32,500 MKD per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 48,000 MKD per month, 48% more than someone with two to five years of experience.
Additionally, Eligibility Specialist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 58,500 MKD per month, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 63,800 MKD per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 69,100 MKD per month, 8% more than people with fifteen to twenty years of experience.
Eligibility Specialist average salary change by experience in Macedonia
| 0 - 2 Years | 24,300 MKD | |
| 2 - 5 Years | +34% | 32,500 MKD |
| 5 - 10 Years | +48% | 48,000 MKD |
| 10 - 15 Years | +22% | 58,500 MKD |
| 15 - 20 Years | +9% | 63,800 MKD |
| 20+ Years | +8% | 69,100 MKD |
Typical Salary Progress for Most Careers
Eligibility Specialist Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Eligibility Specialist(s) who have the same experience but different education levels.
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Eligibility Specialist salaries by education level in order to make a comparison.
When the education level is Bachelor's Degree, the average salary of an Eligibility Specialist is 28,300 MKD per month.
While someone with a Master's Degree gets a salary of 54,600 MKD per month, 93% more than someone having a Bachelor's Degree degree.
Eligibility Specialist average salary difference by education level in Macedonia
| Bachelor's Degree | 28,300 MKD | |
| Master's Degree | +93% | 54,600 MKD |
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Macedonia costs anywhere from 230,000 Denar(s) to 689,000 Denar(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Eligibility Specialist Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Eligibility Specialist employees in Macedonia earn 8% more than their female counterparts on average.
| Male | 48,500 MKD | |
| Female | -8% | 44,700 MKD |
Salary Comparison By Gender in Macedonia for all Careers
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Eligibility Specialist Average Annual Salary Increment Percentage in Macedonia
How much are annual salary increments in Macedonia for Eligibility Specialist(s)? How often do employees get salary raises?
Eligibility Specialist
Eligibility Specialist(s) in Macedonia are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.
Macedonia / All Professions
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Annual Increment Rate By Industry 2020
| Banking | 1% | |
| Energy | 2% | |
| Information Technology | 3% | |
| Healthcare | 4% | |
| Travel | 5% | |
| Construction | 6% | |
| Education | 7% |
Listed above are the average annual increase rates for each industry in Macedonia for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Eligibility Specialist Bonus and Incentive Rates in Macedonia
How much and how often are bonuses being awarded?
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An Eligibility Specialist is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
84% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 16% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 16% | |
| No Bonus | 84% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Eligibility Specialist Average Hourly Wage in Macedonia
270 MKD per hourThe average hourly wage (pay per hour) in Macedonia is 270 MKD. This means that the average Eligibility Specialist in Macedonia earns approximately 270 MKD for every worked hour.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Eligibility Specialist VS Other Jobs
The average salary for Eligibility Specialist is 1% more than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Actuarial Analyst | 62,800 MKD |  +35% |
| Actuarial Assistant | 45,400 MKD |  -3% |
| Actuary | 65,200 MKD | +40% |
| Adjustment Insurance Clerk | 17,000 MKD | -64% |
| Assistant Broker | 30,200 MKD | -35% |
| Assistant Claims Manager | 49,800 MKD | +7% |
| Associate Insurance Representative | 23,500 MKD | -50% |
| Auditing Insurance Manager | 69,800 MKD | +50% |
| Broker | 48,200 MKD | +3% |
| Claim Advocacy Professional | 47,600 MKD | +2% |
| Claims Adjuster | 17,900 MKD | -62% |
| Claims Analyst | 23,300 MKD | -50% |
| Claims Examiner | 24,000 MKD | -48% |
| Claims Manager | 66,800 MKD | +43% |
| Claims Processor | 18,100 MKD | -61% |
| Claims Representative | 20,800 MKD | -55% |
| Claims Resolution Specialist | 52,500 MKD | +13% |
| Claims Supervisor | 44,800 MKD | -4% |
| Complaints Specialist | 44,900 MKD | -4% |
| Compliance Officer | 38,000 MKD | -18% |
| Consultant | 45,700 MKD | -2% |
| Eligibility Specialist | 46,600 MKD | +0% |
| Insurance Account Manager | 59,500 MKD | +28% |
| Insurance Accounts Executive | 49,400 MKD | +6% |
| Insurance Agent | 27,600 MKD | -41% |
| Insurance Analyst | 46,700 MKD | +0% |
| Insurance Appraiser | 46,000 MKD | -1% |
| Insurance Claims Clerk | 17,500 MKD | -62% |
| Insurance Examiner | 44,300 MKD | -5% |
| Insurance Investigator | 42,300 MKD | -9% |
| Insurance Manager | 79,800 MKD | +71% |
| Insurance Operations Manager | 80,700 MKD | +73% |
| Insurance Policy Processing Clerk | 17,200 MKD | -63% |
| Insurance Pricing Assistant | 37,900 MKD | -19% |
| Insurance Program Manager | 59,200 MKD | +27% |
| Insurance Project Manager | 58,300 MKD | +25% |
| Insurance Quality Assurance Agent | 40,800 MKD | -12% |
| Insurance Sales Agent | 28,200 MKD | -39% |
| Insurance Sales Director | 78,800 MKD | +69% |
| Insurance Team Leader | 48,400 MKD | +4% |
| Insurance Underwriter | 35,200 MKD | -24% |
| Loss Control Specialist | 45,300 MKD | -3% |
| Loss Prevention Investigator | 50,100 MKD | +8% |
| Loss Prevention Manager | 65,200 MKD | +40% |
| Loss Prevention Specialist | 49,000 MKD | +5% |
| Marine Underwriter | 33,600 MKD | -28% |
| Medical Auditor | 47,100 MKD | +1% |
| Monitoring and Performance Officer | 34,100 MKD | -27% |
| Payment Services Specialist | 48,300 MKD | +4% |
| Policy Change Director | 76,400 MKD | +64% |
| Policy Change Supervisor | 49,100 MKD | +5% |
| Policy Change Technician | 22,600 MKD | -51% |
| Risk Analyst | 55,000 MKD | +18% |
| Risk Management Director | 88,700 MKD | +90% |
| Risk Management Supervisor | 58,900 MKD | +26% |
| Risk Manager | 90,000 MKD | +93% |
| Risk Modeling Manager | 83,700 MKD | +80% |
| Title Insurance Typist | 41,400 MKD | -11% |
| Training Manager | 52,700 MKD | +13% |
Salary Comparison By City
| City | Average Salary |
| Skopje | 53,300 MKD |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Macedonia earn 11% more than their private sector counterparts on average across all sectors.
| Private Sector | 43,200 MKD | |
| Public Sector | +11% | 47,800 MKD |
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