A person working as an Eligibility Specialist in Guatemala typically earns around 10,100 GTQ per month. Salaries range from 4,670 GTQ (lowest) to 16,100 GTQ (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 salaries in Guatemala range from 4,670 GTQ per month (minimum salary) to 16,100 GTQ per month (maximum salary).
The median salary is 11,000 GTQ per month, which means that half (50%) of people working as Eligibility Specialist(s) are earning less than 11,000 GTQ while the other half are earning more than 11,000 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.
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 7,030 GTQ while 75% of them are earning more than 7,030 GTQ. Also from the diagram, 75% of Eligibility Specialist(s) are earning less than 14,600 GTQ while 25% are earning more than 14,600 GTQ.
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 5,300 GTQ per month.
While someone with an experience level between two and five years is expected to earn 7,070 GTQ 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 10,500 GTQ 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 12,700 GTQ 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 13,900 GTQ 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 15,000 GTQ per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 6,160 GTQ per month.
While someone with a Master's Degree gets a salary of 11,900 GTQ per month, 93% more than someone having a Bachelor's Degree degree.
A Master's degree program or any post-graduate program in Guatemala costs anywhere from 52,400 Quetzal(s) to 157,000 Quetzal(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.
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 Guatemala earn 17% more than their female counterparts on average.
Eligibility Specialist(s) 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.
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.
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.
69% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 31% 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.
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.
The main two types of jobs
|Revenue Generators||Supporting Cast|
The average salary for Eligibility Specialist is 3% less than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.
|Job Title||Average Salary|
|Actuarial Analyst||13,200 GTQ||+30%|
|Actuarial Assistant||9,200 GTQ||-9%|
|Adjustment Insurance Clerk||3,710 GTQ||-63%|
|Assistant Broker||6,410 GTQ||-37%|
|Assistant Claims Manager||10,600 GTQ||+4%|
|Associate Insurance Representative||5,280 GTQ||-48%|
|Auditing Insurance Manager||14,700 GTQ||+45%|
|Claim Advocacy Professional||10,600 GTQ||+4%|
|Claims Adjuster||3,630 GTQ||-64%|
|Claims Analyst||5,020 GTQ||-51%|
|Claims Examiner||5,490 GTQ||-46%|
|Claims Manager||14,700 GTQ||+45%|
|Claims Processor||3,840 GTQ||-62%|
|Claims Representative||4,640 GTQ||-54%|
|Claims Resolution Specialist||11,300 GTQ||+11%|
|Claims Supervisor||10,100 GTQ||-0%|
|Complaints Specialist||9,000 GTQ||-11%|
|Compliance Officer||8,180 GTQ||-19%|
|Eligibility Specialist||10,100 GTQ||-0%|
|Insurance Account Manager||12,600 GTQ||+24%|
|Insurance Accounts Executive||11,100 GTQ||+9%|
|Insurance Agent||5,970 GTQ||-41%|
|Insurance Analyst||9,790 GTQ||-3%|
|Insurance Appraiser||10,200 GTQ||+1%|
|Insurance Claims Clerk||3,750 GTQ||-63%|
|Insurance Examiner||9,150 GTQ||-10%|
|Insurance Investigator||9,290 GTQ||-8%|
|Insurance Manager||17,100 GTQ||+69%|
|Insurance Operations Manager||17,500 GTQ||+72%|
|Insurance Policy Processing Clerk||3,630 GTQ||-64%|
|Insurance Pricing Assistant||8,320 GTQ||-18%|
|Insurance Program Manager||13,600 GTQ||+34%|
|Insurance Project Manager||12,200 GTQ||+20%|
|Insurance Quality Assurance Agent||9,000 GTQ||-11%|
|Insurance Sales Agent||5,740 GTQ||-43%|
|Insurance Sales Director||16,000 GTQ||+58%|
|Insurance Team Leader||11,000 GTQ||+8%|
|Insurance Underwriter||7,870 GTQ||-22%|
|Loss Control Specialist||9,480 GTQ||-7%|
|Loss Prevention Investigator||10,100 GTQ||-0%|
|Loss Prevention Manager||14,000 GTQ||+38%|
|Loss Prevention Specialist||11,200 GTQ||+10%|
|Marine Underwriter||7,600 GTQ||-25%|
|Medical Auditor||10,100 GTQ||-0%|
|Monitoring and Performance Officer||6,950 GTQ||-31%|
|Payment Services Specialist||9,730 GTQ||-4%|
|Policy Change Director||15,400 GTQ||+52%|
|Policy Change Supervisor||10,500 GTQ||+3%|
|Policy Change Technician||4,670 GTQ||-54%|
|Risk Analyst||11,700 GTQ||+15%|
|Risk Management Director||20,000 GTQ||+97%|
|Risk Management Supervisor||12,800 GTQ||+26%|
|Risk Manager||18,800 GTQ||+85%|
|Risk Modeling Manager||18,600 GTQ||+83%|
|Title Insurance Typist||8,650 GTQ||-15%|
|Training Manager||11,200 GTQ||+10%|
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 on average across all sectors.