Eligibility Specialist Average Salary in Malaysia 2021
How much money does an Eligibility Specialist make in Malaysia?
LOW
3,070
MYR AVERAGE
6,680
MYR HIGH
10,600
MYR
A person working as an Eligibility Specialist in Malaysia typically earns around 6,680 MYR per month. Salaries range from 3,070 MYR (lowest) to 10,600 MYR (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 Malaysia
The median, the maximum, the minimum, and the range
Salary Range
Eligibility Specialist salaries in Malaysia range from 3,070 MYR per month (minimum salary) to 10,600 MYR per month (maximum salary).
Median Salary
The median salary is 7,220 MYR per month, which means that half (50%) of people working as Eligibility Specialist(s) are earning less than 7,220 MYR while the other half are earning more than 7,220 MYR. 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 4,630 MYR while 75% of them are earning more than 4,630 MYR. Also from the diagram, 75% of Eligibility Specialist(s) are earning less than 9,640 MYR while 25% are earning more than 9,640 MYR.
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 3,490 MYR per month.
While someone with an experience level between two and five years is expected to earn 4,660 MYR 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 6,890 MYR 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 8,400 MYR 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 9,150 MYR 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 9,910 MYR per month, 8% more than people with fifteen to twenty years of experience.
Eligibility Specialist average salary change by experience in Malaysia
| 0 - 2 Years | 3,490 MYR | |
| 2 - 5 Years | +34% | 4,660 MYR |
| 5 - 10 Years | +48% | 6,890 MYR |
| 10 - 15 Years | +22% | 8,400 MYR |
| 15 - 20 Years | +9% | 9,150 MYR |
| 20+ Years | +8% | 9,910 MYR |
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 4,060 MYR per month.
While someone with a Master's Degree gets a salary of 7,830 MYR per month, 93% more than someone having a Bachelor's Degree degree.
Eligibility Specialist average salary difference by education level in Malaysia
| Bachelor's Degree | 4,060 MYR | |
| Master's Degree | +93% | 7,830 MYR |
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 Malaysia costs anywhere from 32,900 Malaysian Ringgit(s) to 98,800 Malaysian Ringgit(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 Malaysia earn 13% more than their female counterparts on average.
| Male | 7,080 MYR | |
| Female | -11% | 6,290 MYR |
Salary Comparison By Gender in Malaysia for all Careers
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Eligibility Specialist Average Annual Salary Increment Percentage in Malaysia
How much are annual salary increments in Malaysia for Eligibility Specialist(s)? How often do employees get salary raises?
Eligibility Specialist
Eligibility Specialist(s) in Malaysia are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Malaysia / 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 | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
Listed above are the average annual increase rates for each industry in Malaysia 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 Malaysia
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.
67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% 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 | 33% | |
| No Bonus | 67% |
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 Malaysia
39 MYR per hourThe average hourly wage (pay per hour) in Malaysia is 39 MYR. This means that the average Eligibility Specialist in Malaysia earns approximately 39 MYR 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 | 8,820 MYR |  +32% |
| Actuarial Assistant | 6,400 MYR |  -4% |
| Actuary | 9,000 MYR | +35% |
| Adjustment Insurance Clerk | 2,380 MYR | -64% |
| Assistant Broker | 4,250 MYR | -36% |
| Assistant Claims Manager | 7,470 MYR | +12% |
| Associate Insurance Representative | 3,400 MYR | -49% |
| Auditing Insurance Manager | 9,800 MYR | +47% |
| Broker | 6,410 MYR | -4% |
| Claim Advocacy Professional | 6,620 MYR | -1% |
| Claims Adjuster | 2,530 MYR | -62% |
| Claims Analyst | 3,640 MYR | -46% |
| Claims Examiner | 3,400 MYR | -49% |
| Claims Manager | 9,500 MYR | +42% |
| Claims Processor | 2,580 MYR | -61% |
| Claims Representative | 2,850 MYR | -57% |
| Claims Resolution Specialist | 7,320 MYR | +10% |
| Claims Supervisor | 6,400 MYR | -4% |
| Complaints Specialist | 5,920 MYR | -11% |
| Compliance Officer | 5,630 MYR | -16% |
| Consultant | 6,400 MYR | -4% |
| Eligibility Specialist | 6,680 MYR | -0% |
| Insurance Account Manager | 8,580 MYR | +28% |
| Insurance Accounts Executive | 7,320 MYR | +10% |
| Insurance Agent | 4,000 MYR | -40% |
| Insurance Analyst | 6,710 MYR | +0% |
| Insurance Appraiser | 6,890 MYR | +3% |
| Insurance Claims Clerk | 2,380 MYR | -64% |
| Insurance Examiner | 6,040 MYR | -10% |
| Insurance Investigator | 6,400 MYR | -4% |
| Insurance Manager | 11,400 MYR | +71% |
| Insurance Operations Manager | 11,800 MYR | +77% |
| Insurance Policy Processing Clerk | 2,600 MYR | -61% |
| Insurance Pricing Assistant | 5,510 MYR | -18% |
| Insurance Program Manager | 9,150 MYR | +37% |
| Insurance Project Manager | 8,160 MYR | +22% |
| Insurance Quality Assurance Agent | 5,800 MYR | -13% |
| Insurance Sales Agent | 3,880 MYR | -42% |
| Insurance Sales Director | 11,100 MYR | +66% |
| Insurance Team Leader | 7,010 MYR | +5% |
| Insurance Underwriter | 4,900 MYR | -27% |
| Loss Control Specialist | 6,440 MYR | -4% |
| Loss Prevention Investigator | 7,140 MYR | +7% |
| Loss Prevention Manager | 9,310 MYR | +39% |
| Loss Prevention Specialist | 7,020 MYR | +5% |
| Marine Underwriter | 4,800 MYR | -28% |
| Medical Auditor | 6,730 MYR | +1% |
| Monitoring and Performance Officer | 4,750 MYR | -29% |
| Payment Services Specialist | 6,890 MYR | +3% |
| Policy Change Director | 9,980 MYR | +49% |
| Policy Change Supervisor | 7,110 MYR | +6% |
| Policy Change Technician | 3,280 MYR | -51% |
| Risk Analyst | 7,280 MYR | +9% |
| Risk Management Director | 13,000 MYR | +95% |
| Risk Management Supervisor | 8,650 MYR | +29% |
| Risk Manager | 12,000 MYR | +80% |
| Risk Modeling Manager | 12,400 MYR | +86% |
| Title Insurance Typist | 5,520 MYR | -17% |
| Training Manager | 7,420 MYR | +11% |
Salary Comparison By City
| City | Average Salary |
| Ampang | 6,470 MYR |
| Ipoh | 7,360 MYR |
| Johor Bahru | 6,710 MYR |
| Klang | 6,380 MYR |
| Kota Kinabalu | 6,840 MYR |
| Kuala Lumpur | 7,200 MYR |
| Kuching | 6,470 MYR |
| Petaling Jaya | 7,030 MYR |
| Shah Alam | 7,340 MYR |
| Subang Jaya | 6,730 MYR |
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 Malaysia earn 9% more than their private sector counterparts on average across all sectors.
| Private Sector | 6,310 MYR | |
| Public Sector | +9% | 6,880 MYR |
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