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Wind Energy Engineer Average Salary in Bolivia 2021

How much money does a Wind Energy Engineer make in Bolivia?


Average Monthly Salary
8,030 BOB
( 96,400 BOB yearly)

LOW
4,020
BOB
AVERAGE
8,030
BOB
HIGH
12,500
BOB

A person working as a Wind Energy Engineer in Bolivia typically earns around 8,030 BOB per month. Salaries range from 4,020 BOB (lowest) to 12,500 BOB (highest).

This is the average monthly salary including housing, transport, and other benefits. Wind Energy Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Wind Energy Engineer Salary Distribution in Bolivia

Median and salary distribution monthly Bolivia Wind Energy Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Wind Energy Engineer salaries in Bolivia range from 4,020 BOB per month (minimum salary) to 12,500 BOB per month (maximum salary).

  • Median Salary

    The median salary is 8,030 BOB per month, which means that half (50%) of people working as Wind Energy Engineer(s) are earning less than 8,030 BOB while the other half are earning more than 8,030 BOB. 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 Wind Energy Engineer(s) are earning less than 5,420 BOB while 75% of them are earning more than 5,420 BOB. Also from the diagram, 75% of Wind Energy Engineer(s) are earning less than 10,200 BOB while 25% are earning more than 10,200 BOB.


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

Wind Energy Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Bolivia Wind Energy Engineer
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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 Wind Energy Engineer salaries by experience level and this is what we found.

A Wind Energy Engineer with less than two years of experience makes approximately 4,820 BOB per month.

While someone with an experience level between two and five years is expected to earn 6,380 BOB per month, 32% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 8,530 BOB per month, 34% 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, Wind Energy Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 10,200 BOB per month, 19% 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 11,000 BOB per month, 8% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 11,800 BOB per month, 7% more than people with fifteen to twenty years of experience.


Wind Energy Engineer average salary change by experience in Bolivia

0 - 2 Years
4,820 BOB
2 - 5 Years+32%
6,380 BOB
5 - 10 Years+34%
8,530 BOB
10 - 15 Years+19%
10,200 BOB
15 - 20 Years+8%
11,000 BOB
20+ Years+7%
11,800 BOB
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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Wind Energy Engineer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Wind Energy Engineer(s) who have the same experience but different education levels.

Salary comparison by education level monthly Bolivia Wind Energy Engineer
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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 Wind Energy Engineer salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Wind Energy Engineer is 6,890 BOB per month.

While someone with a Master's Degree gets a salary of 10,900 BOB per month, 58% more than someone having a Bachelor's Degree degree.


Wind Energy Engineer average salary difference by education level in Bolivia

Bachelor's Degree
6,890 BOB
Master's Degree+58%
10,900 BOB
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 Bolivia costs anywhere from 42,600 Boliviano(s) to 128,000 Boliviano(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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Wind Energy Engineer Salary Comparison By Gender

Salary comparison by gender monthly Bolivia Wind Energy Engineer
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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 Wind Energy Engineer employees in Bolivia earn 5% more than their female counterparts on average.

Male
8,220 BOB
Female-5%
7,820 BOB
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bolivia for all Careers

Salary comparison by gender monthly Bolivia
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Wind Energy Engineer Average Annual Salary Increment Percentage in Bolivia

How much are annual salary increments in Bolivia for Wind Energy Engineer(s)? How often do employees get salary raises?

Wind Energy Engineer

Wind Energy Engineer(s) in Bolivia are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Bolivia Wind Energy Engineer
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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.

Bolivia / 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 Bolivia is 2%.

Annual Increment Rate By Industry 2020

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 Bolivia for the year 2020. 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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Wind Energy Engineer Bonus and Incentive Rates in Bolivia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bolivia Wind Energy Engineer
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A Wind Energy Engineer 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.

88% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 12% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 3% of their annual salary.

Received Bonus
12%
No Bonus
88%

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.

Wind Energy Engineer Average Hourly Wage in Bolivia


46 BOB per hour

The average hourly wage (pay per hour) in Bolivia is 46 BOB. This means that the average Wind Energy Engineer in Bolivia earns approximately 46 BOB 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.

Wind Energy Engineer VS Other Jobs

Salary Comparison Between Wind Energy Engineer and Engineering monthly Bolivia
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The average salary for Wind Energy Engineer is 12% more than that of Engineering. Also, Engineering salaries are 16% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Acoustics Engineer7,230 BOB-10%
Assembly Engineering Technician6,080 BOB-24%
Assistant Chief Engineer8,190 BOB+2%
Associate Engineer6,720 BOB-16%
Autocad Operator4,940 BOB-39%
Automation Engineer7,940 BOB-1%
Avionic System Support Engineer7,030 BOB-12%
Biochemical Engineer6,840 BOB-15%
BMS Engineer6,890 BOB-14%
Bridge and Lock Tender4,150 BOB-48%
Broadcast Engineer7,490 BOB-7%
CAD Design Engineer8,010 BOB-0%
CAD Designer4,980 BOB-38%
CAE Engineer7,840 BOB-2%
Ceramics Engineer6,880 BOB-14%
Civil Engineer7,980 BOB-1%
Commissioning Engineer7,240 BOB-10%
Communications Engineer8,490 BOB+6%
Condition Monitoring Engineer6,330 BOB-21%
Contract Associate Engineer6,960 BOB-13%
Control Systems Engineer7,860 BOB-2%
Controls Engineer7,800 BOB-3%
Controls Software Engineer6,540 BOB-19%
Corrosion Engineer7,220 BOB-10%
Design Engineer8,120 BOB+1%
Drafter4,670 BOB-42%
Drafting Manager8,800 BOB+10%
Drilling Engineer7,160 BOB-11%
Electrical Draughtsman3,860 BOB-52%
Electrical Engineer8,310 BOB+3%
Electrical Engineering Manager11,200 BOB+39%
Electromechanical Engineering Technologist8,340 BOB+4%
Electromechanical Equipment Assembler4,180 BOB-48%
Energy Engineer8,160 BOB+2%
Engine Assembler3,360 BOB-58%
Engineer8,420 BOB+5%
Engineering Account Manager8,790 BOB+9%
Engineering Chief Designer8,830 BOB+10%
Engineering Consultant10,700 BOB+33%
Engineering Key Account Manager10,700 BOB+33%
Engineering Lab Technician7,290 BOB-9%
Engineering Planning Manager10,500 BOB+31%
Engineering Production Manager13,000 BOB+62%
Engineering Project Analyst8,790 BOB+9%
Engineering Project Coordinator 8,760 BOB+9%
Engineering Project Director16,000 BOB+99%
Engineering Project Manager11,000 BOB+37%
Engineering Research and Development Manager12,000 BOB+49%
Engineering Safety Coordinator5,970 BOB-26%
Engineering Sales Manager10,500 BOB+31%
Engineering Technician6,090 BOB-24%
Engineering Technologist5,750 BOB-28%
Environmental Engineer7,250 BOB-10%
Equipment Engineer6,940 BOB-14%
Equipment Engineering Manager10,300 BOB+28%
Estimator6,560 BOB-18%
Fabrication Specialist5,530 BOB-31%
Fabricator3,640 BOB-55%
Facade Engineer7,300 BOB-9%
Fiber Analyst4,530 BOB-44%
Field Engineer8,310 BOB+3%
Field Engineering Manager12,600 BOB+57%
Fire Engineer8,040 BOB+0%
Fitter and Turner2,390 BOB-70%
Forestry Strategic Planner9,270 BOB+15%
Generation Engineer8,160 BOB+2%
Genetic Engineer8,750 BOB+9%
Geological Engineer7,820 BOB-3%
Geotechnical Engineer8,120 BOB+1%
Heavy Equipment Mechanic4,280 BOB-47%
Highway Engineer7,810 BOB-3%
HSE Professional6,920 BOB-14%
HVAC Engineer8,550 BOB+6%
HVAC Supervisor7,220 BOB-10%
Industrial Engineer7,190 BOB-11%
Industrial Engineering Technologist7,110 BOB-12%
Instrument Engineer7,220 BOB-10%
Instrumentation and Control Engineer7,610 BOB-5%
Instrumentation Engineer7,950 BOB-1%
Instrumentation Manager7,240 BOB-10%
Irrigation Engineer7,450 BOB-7%
Licensed Aircraft Engineer8,440 BOB+5%
Locomotive Engineer7,560 BOB-6%
Maintenance Engineer7,370 BOB-8%
Maintenance Fitter2,700 BOB-66%
Maintenance Manager7,560 BOB-6%
Manufacturing Engineer7,770 BOB-3%
Marine Engineer7,530 BOB-6%
Materials Engineer7,540 BOB-6%
Materials Researcher6,880 BOB-14%
Materials Technician5,810 BOB-28%
Mechanical and Electrical Engineer8,390 BOB+4%
Mechanical Design Engineer7,860 BOB-2%
Mechanical Designer6,540 BOB-19%
Mechanical Engineer8,400 BOB+5%
Mechanical Engineering Manager10,300 BOB+28%
Mechanical Inspector7,320 BOB-9%
Mechatronics Engineer8,300 BOB+3%
Mining Engineer7,670 BOB-5%
Oil and Petrochemical Engineer8,420 BOB+5%
Optical Engineer7,610 BOB-5%
Optical Instrument Assembler4,070 BOB-49%
PCB Assembler2,740 BOB-66%
Photonics Engineer8,550 BOB+6%
Photonics Technician7,150 BOB-11%
Pipeline Engineer6,990 BOB-13%
Piping Designer4,250 BOB-47%
Piping Engineer7,360 BOB-8%
Planning Engineer8,100 BOB+1%
Pressure Vessel Inspector3,740 BOB-53%
Principal Cost Engineer7,740 BOB-4%
Principal Engineer7,410 BOB-8%
Principal Support Engineer7,610 BOB-5%
Process Engineer7,830 BOB-3%
Process Operator4,410 BOB-45%
Product Development Engineer7,640 BOB-5%
Product Development Technician5,550 BOB-31%
Product Engineer7,850 BOB-2%
Product Safety Engineer7,540 BOB-6%
Production Engineer7,960 BOB-1%
Project Engineer8,190 BOB+2%
Proposal Manager10,100 BOB+26%
Purchasing Engineer7,010 BOB-13%
Quality Assurance Engineer7,860 BOB-2%
Rail Engineer7,430 BOB-8%
Robotics Engineer8,990 BOB+12%
Robotics Technician6,040 BOB-25%
Safety Engineer7,560 BOB-6%
Safety Inspector5,790 BOB-28%
Safety Manager8,880 BOB+11%
Safety Officer3,830 BOB-52%
Sales Engineer8,580 BOB+7%
Scheduling Engineer7,340 BOB-9%
Service Engineer8,000 BOB-0%
Solar Engineer7,900 BOB-2%
Staff Engineer7,910 BOB-2%
Static Equipment Engineer7,160 BOB-11%
Stationary Engineer7,010 BOB-13%
Stress Engineer7,180 BOB-11%
Structural Analysis Engineer7,770 BOB-3%
Structural Designer6,450 BOB-20%
Structural Engineer7,210 BOB-10%
Structural Technician4,850 BOB-40%
Supply Chain Specialist7,620 BOB-5%
Surveyor5,590 BOB-30%
Technical Affairs Officer3,960 BOB-51%
Technical Assistant3,880 BOB-52%
Technical Engineer6,550 BOB-18%
Technical Support Engineer6,330 BOB-21%
Tender Engineer7,010 BOB-13%
Test Development Engineer7,370 BOB-8%
Transportation Engineer7,370 BOB-8%
Validation Engineer6,990 BOB-13%
Verification Engineer7,030 BOB-12%
Wastewater Engineer7,900 BOB-2%
Wind Energy Engineer8,030 BOB-0%
Wind Energy Operations Manager9,760 BOB+21%
Work Planner5,420 BOB-33%

Salary Comparison By City

CityAverage Salary
Cochabamba7,790 BOB
La Paz8,100 BOB
Oruro7,800 BOB
Potosi6,820 BOB
Santa Cruz8,580 BOB
Sucre7,790 BOB

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 Bolivia earn 17% more than their private sector counterparts on average across all sectors.

Private Sector
7,930 BOB
Public Sector+17%
9,290 BOB
Percentage increase and decrease are relative to the previous value

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