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Eligibility Specialist Average Salary in New Zealand 2020

How much money does an Eligibility Specialist make in New Zealand?


Average Yearly Salary
96,200 NZD
( 8,020 NZD monthly)

LOW
44,300
NZD
AVERAGE
96,200
NZD
HIGH
153,000
NZD

A person working as an Eligibility Specialist in New Zealand typically earns around 96,200 NZD per year. Salaries range from 44,300 NZD (lowest) to 153,000 NZD (highest).

This is the average yearly 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 New Zealand

Median and salary distribution yearly New Zealand Eligibility Specialist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Eligibility Specialist salaries in New Zealand range from 44,300 NZD per year (minimum salary) to 153,000 NZD per year (maximum salary).

  • Median Salary

    The median salary is 104,000 NZD per year, which means that half (50%) of people working as Eligibility Specialist(s) are earning less than 104,000 NZD while the other half are earning more than 104,000 NZD. 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 66,700 NZD while 75% of them are earning more than 66,700 NZD. Also from the diagram, 75% of Eligibility Specialist(s) are earning less than 139,000 NZD while 25% are earning more than 139,000 NZD.


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 yearly New Zealand 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 50,200 NZD per year.

While someone with an experience level between two and five years is expected to earn 67,100 NZD per year, 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 99,200 NZD per year, 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 121,000 NZD per year, 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 132,000 NZD per year, 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 143,000 NZD per year, 8% more than people with fifteen to twenty years of experience.


Eligibility Specialist average salary change by experience in New Zealand

0 - 2 Years
50,200 NZD
2 - 5 Years+34%
67,100 NZD
5 - 10 Years+48%
99,200 NZD
10 - 15 Years+22%
121,000 NZD
15 - 20 Years+9%
132,000 NZD
20+ Years+8%
143,000 NZD
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 yearly New Zealand 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 58,400 NZD per year.

While someone with a Master's Degree gets a salary of 113,000 NZD per year, 93% more than someone having a Bachelor's Degree degree.


Eligibility Specialist average salary difference by education level in New Zealand

Bachelor's Degree
58,400 NZD
Master's Degree+93%
113,000 NZD
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 New Zealand costs anywhere from 40,500 New Zealand Dollar(s) to 122,000 New Zealand Dollar(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 yearly New Zealand 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 New Zealand earn 6% more than their female counterparts on average.

Male
98,900 NZD
Female-5%
93,600 NZD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in New Zealand for all Careers

Salary comparison by gender yearly New Zealand
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Eligibility Specialist Average Annual Salary Increment Percentage in New Zealand

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

Eligibility Specialist

Eligibility Specialist(s) in New Zealand are likely to observe a salary increase of approximately 11% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate New Zealand 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.

New Zealand / 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 New Zealand is 6%.

Annual Increment Rate By Industry 2019

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in New Zealand 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 New Zealand

How much and how often are bonuses being awarded?Annual Salary Bonus Rate New Zealand 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.

65% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 35% 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
35%
No Bonus
65%

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 New Zealand


46 NZD per hour

The average hourly wage (pay per hour) in New Zealand is 46 NZD. This means that the average Eligibility Specialist in New Zealand earns approximately 46 NZD 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 yearly New Zealand
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The average salary for Eligibility Specialist is 1% 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 Analyst130,000 NZD+35%
Actuarial Assistant87,500 NZD-9%
Actuary126,000 NZD+31%
Adjustment Insurance Clerk34,200 NZD-64%
Assistant Broker59,700 NZD-38%
Assistant Claims Manager108,000 NZD+12%
Associate Insurance Representative48,900 NZD-49%
Auditing Insurance Manager145,000 NZD+51%
Broker97,200 NZD+1%
Claim Advocacy Professional92,800 NZD-4%
Claims Adjuster34,600 NZD-64%
Claims Analyst51,200 NZD-47%
Claims Examiner48,900 NZD-49%
Claims Manager140,000 NZD+45%
Claims Processor35,300 NZD-63%
Claims Representative41,000 NZD-57%
Claims Resolution Specialist105,000 NZD+9%
Claims Supervisor99,400 NZD+3%
Complaints Specialist91,900 NZD-4%
Compliance Officer75,300 NZD-22%
Consultant99,400 NZD+3%
Eligibility Specialist96,200 NZD-0%
Insurance Account Manager121,000 NZD+26%
Insurance Accounts Executive105,000 NZD+9%
Insurance Agent59,000 NZD-39%
Insurance Analyst99,100 NZD+3%
Insurance Appraiser102,000 NZD+6%
Insurance Claims Clerk36,000 NZD-63%
Insurance Examiner84,800 NZD-12%
Insurance Investigator92,100 NZD-4%
Insurance Manager164,000 NZD+70%
Insurance Operations Manager171,000 NZD+78%
Insurance Policy Processing Clerk34,700 NZD-64%
Insurance Pricing Assistant73,600 NZD-24%
Insurance Program Manager122,000 NZD+27%
Insurance Project Manager127,000 NZD+32%
Insurance Quality Assurance Agent85,600 NZD-11%
Insurance Sales Agent58,800 NZD-39%
Insurance Sales Director152,000 NZD+58%
Insurance Team Leader106,000 NZD+10%
Insurance Underwriter68,800 NZD-29%
Loss Control Specialist97,300 NZD+1%
Loss Prevention Investigator100,000 NZD+4%
Loss Prevention Manager134,000 NZD+39%
Loss Prevention Specialist104,000 NZD+8%
Marine Underwriter74,500 NZD-23%
Medical Auditor96,900 NZD+1%
Monitoring and Performance Officer70,100 NZD-27%
Payment Services Specialist96,700 NZD+0%
Policy Change Director151,000 NZD+57%
Policy Change Supervisor99,700 NZD+4%
Policy Change Technician47,300 NZD-51%
Risk Analyst110,000 NZD+14%
Risk Management Director183,000 NZD+90%
Risk Management Supervisor125,000 NZD+30%
Risk Manager177,000 NZD+84%
Risk Modeling Manager187,000 NZD+94%
Title Insurance Typist81,600 NZD-15%
Training Manager104,000 NZD+8%

Salary Comparison By City

CityAverage Salary
Auckland107,000 NZD
Christchurch99,000 NZD
Hamilton92,900 NZD
Rotorua85,900 NZD
Wellington102,000 NZD

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 New Zealand earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
94,600 NZD
Public Sector+5%
99,600 NZD
Percentage increase and decrease are relative to the previous value

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