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Eligibility Specialist Average Salary in Dominican Republic 2020

How much money does an Eligibility Specialist make in Dominican Republic?


Average Monthly Salary
19,700 DOP
( 236,000 DOP yearly)

LOW
9,060
DOP
AVERAGE
19,700
DOP
HIGH
31,300
DOP

A person working as an Eligibility Specialist in Dominican Republic typically earns around 19,700 DOP per month. Salaries range from 9,060 DOP (lowest) to 31,300 DOP (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 Dominican Republic

Median and salary distribution monthly Dominican Republic Eligibility Specialist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Eligibility Specialist salaries in Dominican Republic range from 9,060 DOP per month (minimum salary) to 31,300 DOP per month (maximum salary).

  • Median Salary

    The median salary is 21,300 DOP per month, which means that half (50%) of people working as Eligibility Specialist(s) are earning less than 21,300 DOP while the other half are earning more than 21,300 DOP. 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 13,600 DOP while 75% of them are earning more than 13,600 DOP. Also from the diagram, 75% of Eligibility Specialist(s) are earning less than 28,400 DOP while 25% are earning more than 28,400 DOP.


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 Dominican Republic 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 10,300 DOP per month.

While someone with an experience level between two and five years is expected to earn 13,700 DOP 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 20,300 DOP 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 24,700 DOP 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 27,000 DOP 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 29,200 DOP per month, 8% more than people with fifteen to twenty years of experience.


Eligibility Specialist average salary change by experience in Dominican Republic

0 - 2 Years
10,300 DOP
2 - 5 Years+34%
13,700 DOP
5 - 10 Years+48%
20,300 DOP
10 - 15 Years+22%
24,700 DOP
15 - 20 Years+9%
27,000 DOP
20+ Years+8%
29,200 DOP
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 Dominican Republic 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 12,000 DOP per month.

While someone with a Master's Degree gets a salary of 23,100 DOP per month, 93% more than someone having a Bachelor's Degree degree.


Eligibility Specialist average salary difference by education level in Dominican Republic

Bachelor's Degree
12,000 DOP
Master's Degree+93%
23,100 DOP
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 Dominican Republic costs anywhere from 99,300 Dominican Peso(s) to 298,000 Dominican Peso(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 Dominican Republic 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 Dominican Republic earn 13% more than their female counterparts on average.

Male
20,900 DOP
Female-11%
18,500 DOP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Dominican Republic for all Careers

Salary comparison by gender monthly Dominican Republic
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Eligibility Specialist Average Annual Salary Increment Percentage in Dominican Republic

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

Eligibility Specialist

Eligibility Specialist(s) in Dominican Republic are likely to observe a salary increase of approximately 11% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Dominican Republic 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.

Dominican Republic / 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 Dominican Republic is 5%.

Annual Increment Rate By Industry 2019

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Listed above are the average annual increase rates for each industry in Dominican Republic 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 Dominican Republic

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Dominican Republic 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.

68% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 32% 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
32%
No Bonus
68%

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 Dominican Republic


110 DOP per hour

The average hourly wage (pay per hour) in Dominican Republic is 110 DOP. This means that the average Eligibility Specialist in Dominican Republic earns approximately 110 DOP 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 Dominican Republic
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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 Analyst25,500 DOP+29%
Actuarial Assistant19,100 DOP-3%
Actuary26,400 DOP+34%
Adjustment Insurance Clerk7,380 DOP-63%
Assistant Broker13,000 DOP-34%
Assistant Claims Manager21,700 DOP+10%
Associate Insurance Representative10,200 DOP-48%
Auditing Insurance Manager28,400 DOP+44%
Broker18,900 DOP-4%
Claim Advocacy Professional19,800 DOP+1%
Claims Adjuster7,540 DOP-62%
Claims Analyst10,200 DOP-48%
Claims Examiner9,760 DOP-50%
Claims Manager28,200 DOP+43%
Claims Processor7,130 DOP-64%
Claims Representative8,510 DOP-57%
Claims Resolution Specialist20,400 DOP+4%
Claims Supervisor20,200 DOP+3%
Complaints Specialist17,600 DOP-11%
Compliance Officer16,500 DOP-16%
Consultant19,400 DOP-1%
Eligibility Specialist19,700 DOP+0%
Insurance Account Manager24,900 DOP+26%
Insurance Accounts Executive20,800 DOP+6%
Insurance Agent11,200 DOP-43%
Insurance Analyst18,500 DOP-6%
Insurance Appraiser20,500 DOP+4%
Insurance Claims Clerk7,310 DOP-63%
Insurance Examiner17,300 DOP-12%
Insurance Investigator18,900 DOP-4%
Insurance Manager33,300 DOP+69%
Insurance Operations Manager33,100 DOP+68%
Insurance Policy Processing Clerk7,180 DOP-64%
Insurance Pricing Assistant15,500 DOP-21%
Insurance Program Manager26,300 DOP+34%
Insurance Project Manager24,800 DOP+26%
Insurance Quality Assurance Agent17,200 DOP-13%
Insurance Sales Agent12,200 DOP-38%
Insurance Sales Director33,200 DOP+69%
Insurance Team Leader20,000 DOP+2%
Insurance Underwriter14,600 DOP-26%
Loss Control Specialist19,500 DOP-1%
Loss Prevention Investigator20,200 DOP+3%
Loss Prevention Manager27,200 DOP+38%
Loss Prevention Specialist21,200 DOP+8%
Marine Underwriter15,200 DOP-23%
Medical Auditor19,700 DOP+0%
Monitoring and Performance Officer13,500 DOP-31%
Payment Services Specialist19,500 DOP-1%
Policy Change Director31,300 DOP+59%
Policy Change Supervisor20,800 DOP+6%
Policy Change Technician9,900 DOP-50%
Risk Analyst21,100 DOP+7%
Risk Management Director39,000 DOP+98%
Risk Management Supervisor24,200 DOP+23%
Risk Manager38,300 DOP+94%
Risk Modeling Manager36,800 DOP+87%
Title Insurance Typist17,600 DOP-11%
Training Manager22,700 DOP+15%

Salary Comparison By City

CityAverage Salary
Santo Domingo21,700 DOP

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 Dominican Republic earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
19,400 DOP
Public Sector+7%
20,700 DOP
Percentage increase and decrease are relative to the previous value

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