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Healthcare Management Average Salaries in Guatemala 2020

How much money does a person working in Healthcare Management make in Guatemala?


Average Monthly Salary
10,200 GTQ
( 122,000 GTQ yearly)

LOW
5,090
GTQ
AVERAGE
10,200
GTQ
HIGH
26,000
GTQ

A person working in Healthcare Management in Guatemala typically earns around 10,200 GTQ per month. Salaries range from 5,090 GTQ (lowest average) to 26,000 GTQ (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Healthcare Management careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Administrative Director12,500 GTQ
Admitting Clerk5,150 GTQ
Admitting Manager8,660 GTQ
Breast Center Manager11,500 GTQ
Cardiology Manager25,100 GTQ
Care Coordinator8,790 GTQ
Chief of Psychology24,500 GTQ
Clinical Director19,600 GTQ
Clinical Policy Developer9,130 GTQ
Coding Practice Manager8,030 GTQ
Community Relations Manager8,320 GTQ
Credentialing Analyst7,270 GTQ
Data Coordinator6,100 GTQ
Director of Medical Staff Services12,100 GTQ
Discharge Coordinator6,380 GTQ
Emergency Management Director11,600 GTQ
Emergency Services Director12,400 GTQ
ER Registration Supervisor8,130 GTQ
Food Services Director8,710 GTQ
Health Compliance Director11,600 GTQ
Health Economist9,730 GTQ
Health Information Manager8,790 GTQ
Health Services Manager11,100 GTQ
Home Health Scheduler5,080 GTQ
Intake Coordinator5,980 GTQ
Lead Patient Account Representative8,030 GTQ
Managed Care Assistant5,930 GTQ
Maternity Services Director12,400 GTQ
Medical Administrator7,330 GTQ
Medical Assistant5,510 GTQ
Medical Billing Clerk5,250 GTQ
Medical Billing Specialist7,020 GTQ
Medical Director18,300 GTQ
Medical Equipment Maintenance Manager8,200 GTQ
Medical Insurance Manager11,400 GTQ
Medical Office Administrator8,070 GTQ
Medical Office Manager8,960 GTQ
Medical Policy Manager10,300 GTQ
Medical Policy Specialist8,180 GTQ
Medical Project Coordinator8,260 GTQ
Medical Records Administrator7,790 GTQ
Medical Records Clerk5,300 GTQ
Medical Records Coding Manager8,510 GTQ
Medical Records Director9,390 GTQ
Medical Records Transcriptionist5,110 GTQ
Medical Secretary4,850 GTQ
Medical Staff Services Specialist7,130 GTQ
Patient Account Represenatative7,650 GTQ
Practice Manager9,770 GTQ
Program Coordinator7,070 GTQ
Project Manager8,680 GTQ
Quality Assurance Manager9,270 GTQ
Radiology Manager19,300 GTQ
Rehabilitation Director14,800 GTQ
Rehabilitation Services Manager11,400 GTQ
Treatment Services Director12,300 GTQ
Ward Manager9,380 GTQ

Healthcare Management Jobs Salary Distribution in Guatemala

Median and salary distribution monthly Guatemala Healthcare Management
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The median, the maximum, the minimum, and the range

  • Salary Range

    Healthcare Management salaries in Guatemala range from 5,090 GTQ per month (minimum average salary) to 26,000 GTQ per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 9,580 GTQ per month, which means that half (50%) of people working in Healthcare Management are earning less than 9,580 GTQ while the other half are earning more than 9,580 GTQ. 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 people working in Healthcare Management are earning less than 6,600 GTQ while 75% of them are earning more than 6,600 GTQ. Also from the diagram, 75% of people working in Healthcare Management are earning less than 16,700 GTQ while 25% are earning more than 16,700 GTQ.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

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.

Healthcare Management Salary Comparison By Gender

Salary comparison by gender monthly Guatemala Healthcare Management
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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 employees earn 19% more than their female counterparts.

Female
9,120 GTQ
Male+19%
10,800 GTQ
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Guatemala for all Careers

Salary comparison by gender monthly Guatemala
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Healthcare Management Average Annual Salary Increment Percentage in Guatemala

How much are annual salary increments in Guatemala for Healthcare Management professionals? How often do employees get salary raises?

Healthcare Management

Healthcare Management professionals in Guatemala are likely to observe a salary increase of approximately 10% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.

Annual Salary Increment Rate Guatemala Healthcare Management
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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.

Guatemala / All Professions

Annual Salary Increment Rate Guatemala
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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 Guatemala is 4%.

Annual Increment Rate By Industry 2019

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in Guatemala 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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Healthcare Management Bonus and Incentive Rates in Guatemala

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Guatemala Healthcare Management
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Healthcare Management is considered to be a high bonus-based field 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.

28% of surveyed staff in Healthcare Management reported that they haven't received any bonuses or incentives in the previous year while 72% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
72%
No Bonus
28%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Guatemala
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Where can you get paid more, working for a private company or for the government? Public sector employees in Guatemala earn 11% more than their private sector counterparts.

Private Sector
8,060 GTQ
Public Sector+11%
8,920 GTQ
Percentage increase and decrease are relative to the previous value

Healthcare Management Salary Forecast and Trend in Guatemala

How do Healthcare Management salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Guatemala Healthcare Management
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Average Salary 2016
9,210 GTQ
Average Salary 2017+4%
9,550 GTQ
Average Salary 2018+2%
9,700 GTQ
Average Salary 2019+2%
9,910 GTQ
Percentage increase and decrease are relative to the previous value

Healthcare Management salaries in Guatemala are rising in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Healthcare Management Hourly Average Wage in Guatemala


59 GTQ per hour

The average hourly wage (pay per hour) in Guatemala is 59 GTQ. This means that the average person in Guatemala earns approximately 59 GTQ 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.

Healthcare Management VS Other Jobs

Salary Comparison Between Healthcare Management and Health and Medical monthly Guatemala
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The average salary for Healthcare Management is 13% less than that of Health and Medical. Also, Health and Medical salaries are 39% more than those of All Jobs.

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