Nurses' salaries vary depending on their location, level of experience, gender, and specialty. In Bolivia, nurses earn an average monthly salary of 8,240 BOB, which is approximately US$1,200. The salary range for nurses in Bolivia is between US$700 and US$1,500 per month, with the lowest-earning nurses making around US$700 and the highest-earning nurses making about US$1,500 per month. The average hourly wage for nurses in Bolivia is 47 BOB, which is equivalent to US$31.
Characteristics | Values |
---|---|
Average Monthly Salary | 8,110 BOB |
Average Yearly Salary | 97,400 BOB |
Average Hourly Wage | 47 BOB |
Minimum Hourly Wage | 31 BOB |
Minimum Monthly Salary | 5,290 BOB |
Maximum Monthly Salary | 15,900 BOB |
Average Salary in US Dollars | 1,200 USD |
Average Salary in US Dollars (Including Gifts) | 1,700 USD |
Average Entry-Level Yearly Salary (CNA) | 25,838 USD |
Average Experienced Yearly Salary (CNA) | 41,600 USD |
Average Yearly Salary (RN) | 55,511 - 99,553 USD |
What You'll Learn
Average monthly salary
The average monthly salary for nurses in Bolivia is around 8,110 BOB (Boliviano), which is approximately $1,200. Salaries for nurses in Bolivia range from a minimum of 5,290 BOB to a maximum of 15,900 BOB per month. The median income in the field of nursing in Bolivia is 7,770 BOB.
The average salary for nurses can vary depending on factors such as experience, location, and specialty. For example, the lowest-earning nurses in Bolivia make around $700 per month, while those with more experience or working in specific fields can earn up to $1,500 per month. Additionally, bonuses, overtime pay, and shift differentials can also impact a nurse's overall compensation.
In comparison, the average annual salary for a Certified Nursing Assistant (CNA) in Bolivia, North Carolina, is $29,796, or $14.33 per hour. Entry-level positions for CNAs in Bolivia, North Carolina, start at $25,838 per year, while experienced workers can earn up to $41,600 annually.
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Salary range
The salary of nurses in Bolivia varies depending on their experience, qualifications, and location. Nurses in Bolivia typically earn between BOB 5,290 and BOB 15,900 per month. This equates to approximately USD 700 to USD 1,500 per month, or USD 8,400 to USD 18,000 per year.
The average monthly salary for nurses in Bolivia is BOB 8,110, which is around USD 1,200. This figure can vary depending on the specific role and responsibilities of the nurse, as well as their level of experience and qualifications.
In terms of hourly wages, nurses in Bolivia earn an average of BOB 47 per hour, with the minimum hourly rate being BOB 31. This equates to approximately USD 6.8 to USD 10.3 per hour.
It is important to note that these figures are averages and that individual salaries can vary significantly depending on various factors. Additionally, these figures do not include money or gifts given as gratitude or bribes, which can be common in certain cultures.
When comparing salaries, it is also essential to consider the cost of living in different areas, as this can significantly impact the purchasing power of an individual's income.
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Gender pay gap
Nurses in Bolivia earn an average monthly salary of 8,240 BOB, which is approximately $1,200. The salaries range from a minimum of 5,290 BOB to a maximum of 15,900 BOB per month. The median income in the field of nursing in Bolivia is 7,770 BOB.
While there is a gender pay gap in the nursing profession in Bolivia, I was only able to find information on the gender pay gap in the US nursing profession. According to sources, male nurses in the US make an average of $5,000 more per year than female nurses. This gap has remained constant over the past quarter of a century. The pay gap in the nursing profession is reflective of broader societal gender pay gaps.
Several factors contribute to the gender pay gap in the nursing profession. Male nurses may be more likely to work full-time and longer hours per week than their female counterparts. Additionally, men are often better at negotiating raises and promotions, and they are less likely to take extended breaks from their careers to care for family members. As a result, they are more likely to enter higher-paying specialty or administrative roles.
To address the gender pay gap, Dr. Jennifer Mensik Kennedy, president of the American Nurses Association, recommends ongoing discussions, regular audits, promoting career growth for female nurses, and leveraging professional organizations to develop effective strategies.
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Bonuses and additional compensation
According to a survey conducted by Nurse.org, 96% of nurses reported receiving some form of additional compensation beyond their base salary. This can include overtime pay, shift differentials, stipends for nursing expenses, or bonuses.
Overtime pay is the most common form of additional compensation, with 34% of nurses receiving it. Nurses who work beyond their normal weekly scheduled hours are typically paid time-and-a-half or double-time for overtime hours. This can result in a significant increase in their hourly wage. For example, a nurse earning a base wage of $50 per hour may earn $75 or $100 per hour for each overtime hour worked.
Shift differentials are also a common form of additional compensation, with 24% of nurses receiving this type of payment. A shift differential is additional hourly compensation for nurses who work less desirable shifts, such as mid-shifts, graveyard shifts, or weekend shifts. The differential can range from $2 to $8 per hour, resulting in a notable increase in pay for these shifts.
Bonuses are less common, with only 11% of nurses reporting that they receive them. However, bonuses can be earned for various reasons, such as accreditation, retention, picked-up shifts, specialties, performance, or exceptional circumstances like the COVID-19 pandemic. Administrative RNs in hospital settings may also receive end-of-year bonuses for achieving specific financial and patient care goals.
In addition to the above-mentioned forms of additional compensation, nurses in Bolivia may also receive money and gifts from patients or their families as tokens of gratitude or bribes, which can further supplement their income.
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Salary by career type
The type of career a nurse pursues is the most significant factor in determining their income. Entry-level positions such as Certified Nursing Assistants (CNAs) will generally earn less than advanced practice roles like Nurse Practitioners (NPs) and Certified Registered Nurse Anesthetists (CRNAs).
The average yearly salary for a CNA in Bolivia, North Carolina, is $29,796, with entry-level positions starting at $25,838 and experienced workers earning up to $41,600. The average hourly wage for a CNA is $14.33.
A nurse in Bolivia earns an average monthly salary of 8,240 BOB, which is approximately $1,200. The salary range for nurses in Bolivia is between $700 and $1,500 per month, depending on experience and workplace.
In Bolivia, the base salary for nursing jobs ranges from 5,290 BOB to 6,820 BOB. The median income in the nursing field is 7,770 BOB, meaning half of the workforce earns less, and half earns more.
The average hourly wage for nursing in Bolivia is 47 BOB, and the minimum hourly pay is 31 BOB.
In the United States, the median annual salary for nurses is $86,070, or $41.38 per hour, according to the U.S. Bureau of Labor Statistics (BLS). However, this figure varies depending on factors such as degree, experience, specialty, and location.
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Frequently asked questions
The average monthly salary for nurses in Bolivia is 8,110 BOB, which is approximately $1,200.
The salary range for nurses in Bolivia is between 5,290 BOB and 15,900 BOB per month.
The average hourly wage for nurses in Bolivia is 47 BOB, which is approximately $6.89.
A competitive salary for a nurse in Bolivia would range between 7,770 BOB and 8,980 BOB per month.