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Eligibility Specialist Average Salary in Netherlands Antilles 2020

How much money does an Eligibility Specialist make in Netherlands Antilles?


Average Monthly Salary
4,180 ANG
( 50,200 ANG yearly)

LOW
1,920
ANG
AVERAGE
4,180
ANG
HIGH
6,650
ANG

A person working as an Eligibility Specialist in Netherlands Antilles typically earns around 4,180 ANG per month. Salaries range from 1,920 ANG (lowest) to 6,650 ANG (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 Netherlands Antilles

Median and salary distribution monthly Netherlands Antilles Eligibility Specialist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Eligibility Specialist salaries in Netherlands Antilles range from 1,920 ANG per month (minimum salary) to 6,650 ANG per month (maximum salary).

  • Median Salary

    The median salary is 4,520 ANG per month, which means that half (50%) of people working as Eligibility Specialist(s) are earning less than 4,520 ANG while the other half are earning more than 4,520 ANG. 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 2,900 ANG while 75% of them are earning more than 2,900 ANG. Also from the diagram, 75% of Eligibility Specialist(s) are earning less than 6,030 ANG while 25% are earning more than 6,030 ANG.


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?

Salary comparison by years of experience monthly Netherlands Antilles Eligibility Specialist
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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 2,180 ANG per month.

While someone with an experience level between two and five years is expected to earn 2,920 ANG 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 4,310 ANG per month, 48% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Eligibility Specialist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,260 ANG 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 5,730 ANG 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 6,200 ANG per month, 8% more than people with fifteen to twenty years of experience.


Eligibility Specialist average salary change by experience in Netherlands Antilles

0 - 2 Years
2,180 ANG
2 - 5 Years+34%
2,920 ANG
5 - 10 Years+48%
4,310 ANG
10 - 15 Years+22%
5,260 ANG
15 - 20 Years+9%
5,730 ANG
20+ Years+8%
6,200 ANG
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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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.

Salary comparison by education level monthly Netherlands Antilles Eligibility Specialist
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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 2,540 ANG per month.

While someone with a Master's Degree gets a salary of 4,900 ANG per month, 93% more than someone having a Bachelor's Degree degree.


Eligibility Specialist average salary difference by education level in Netherlands Antilles

Bachelor's Degree
2,540 ANG
Master's Degree+93%
4,900 ANG
Percentage increase and decrease are relative to the previous value

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 Netherlands Antilles costs anywhere from 21,900 Netherlands Antillian Guilder(s) to 65,700 Netherlands Antillian Guilder(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

Salary Comparison By Education Level
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Eligibility Specialist Salary Comparison By Gender

Salary comparison by gender monthly Netherlands Antilles Eligibility Specialist
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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 Netherlands Antilles earn 19% more than their female counterparts on average.

Male
4,550 ANG
Female-16%
3,820 ANG
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Netherlands Antilles for all Careers

Salary comparison by gender monthly Netherlands Antilles
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Eligibility Specialist Average Annual Salary Increment Percentage in Netherlands Antilles

How much are annual salary increments in Netherlands Antilles for Eligibility Specialist(s)? How often do employees get salary raises?

Eligibility Specialist

Eligibility Specialist(s) in Netherlands Antilles 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.

Annual Salary Increment Rate Netherlands Antilles Eligibility Specialist
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Netherlands Antilles / 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

The average salary increase in one year (12 months) in Netherlands Antilles is 2%.

Annual Increment Rate By Industry 2019

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Netherlands Antilles for the year 2019. 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

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Eligibility Specialist Bonus and Incentive Rates in Netherlands Antilles

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Netherlands Antilles Eligibility Specialist
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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 Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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 Netherlands Antilles


24 ANG per hour

The average hourly wage (pay per hour) in Netherlands Antilles is 24 ANG. This means that the average Eligibility Specialist in Netherlands Antilles earns approximately 24 ANG for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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

Salary Comparison Between Eligibility Specialist and Insurance monthly Netherlands Antilles
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The average salary for Eligibility Specialist is 5% less than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Actuarial Analyst5,750 ANG+37%
Actuarial Assistant4,260 ANG+2%
Actuary5,640 ANG+35%
Adjustment Insurance Clerk1,670 ANG-60%
Assistant Broker2,720 ANG-35%
Assistant Claims Manager4,700 ANG+12%
Associate Insurance Representative2,190 ANG-48%
Auditing Insurance Manager6,390 ANG+53%
Broker4,300 ANG+3%
Claim Advocacy Professional4,270 ANG+2%
Claims Adjuster1,680 ANG-60%
Claims Analyst2,250 ANG-46%
Claims Examiner2,370 ANG-43%
Claims Manager6,140 ANG+47%
Claims Processor1,700 ANG-59%
Claims Representative1,970 ANG-53%
Claims Resolution Specialist4,830 ANG+15%
Claims Supervisor4,340 ANG+4%
Complaints Specialist4,090 ANG-2%
Compliance Officer3,660 ANG-13%
Consultant4,250 ANG+2%
Eligibility Specialist4,180 ANG-0%
Insurance Account Manager5,410 ANG+29%
Insurance Accounts Executive4,640 ANG+11%
Insurance Agent2,640 ANG-37%
Insurance Analyst4,310 ANG+3%
Insurance Appraiser4,590 ANG+10%
Insurance Claims Clerk1,620 ANG-61%
Insurance Examiner3,820 ANG-9%
Insurance Investigator4,140 ANG-1%
Insurance Manager7,410 ANG+77%
Insurance Operations Manager7,310 ANG+75%
Insurance Policy Processing Clerk1,560 ANG-63%
Insurance Pricing Assistant3,510 ANG-16%
Insurance Program Manager5,600 ANG+34%
Insurance Project Manager5,420 ANG+30%
Insurance Quality Assurance Agent3,750 ANG-10%
Insurance Sales Agent2,630 ANG-37%
Insurance Sales Director7,400 ANG+77%
Insurance Team Leader4,440 ANG+6%
Insurance Underwriter3,160 ANG-24%
Loss Control Specialist4,410 ANG+5%
Loss Prevention Investigator4,530 ANG+8%
Loss Prevention Manager6,050 ANG+45%
Loss Prevention Specialist4,670 ANG+12%
Marine Underwriter3,250 ANG-22%
Medical Auditor4,370 ANG+4%
Monitoring and Performance Officer3,010 ANG-28%
Payment Services Specialist4,370 ANG+4%
Policy Change Director6,550 ANG+57%
Policy Change Supervisor4,770 ANG+14%
Policy Change Technician2,040 ANG-51%
Risk Analyst4,740 ANG+13%
Risk Management Director8,660 ANG+110%
Risk Management Supervisor5,340 ANG+28%
Risk Manager8,370 ANG+100%
Risk Modeling Manager7,990 ANG+91%
Title Insurance Typist3,850 ANG-8%
Training Manager4,750 ANG+14%

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 Netherlands Antilles earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
3,900 ANG
Public Sector+25%
4,860 ANG
Percentage increase and decrease are relative to the previous value

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