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Search Salaries > Welder > Bolivia

How much does a Welder in Bolivia make?

The base salary for a Welder in Bolivia is 100,100
Also known as: welder, maintenance welder, aerospace welder, boiler welder, construction welder, repair welder, oxyacetylene welder, oxy welder, marine welder, naval welder, gas welder, fitter, repair and maintenance technician, aircraft welder, repair fitter, oxy-fuel welder, motor vehicle welder, repair technician, underwater welder, welding practitioner, maintenance technician, naval metalworker, steel welder, production welder, arc welder.

100,100

Median Base Salary (Percentile 50)
48 observations
(Updated: 08 Jul 2024)

Confidence

Good

Avg. Bonus per year

Of avg. Stock options

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Salary Table

A Welder earns a median base salary of 100,100 in Bolivia, but the base salary ...

Level Below median
(25th percentile)
Market median
(50th percentile)
Above median
(75th percentile)
Top Competitive
(90th percentile)
Junior 60000 60000 60000 60000
Mid 60000 60000 60000 60000
Senior 60000 60000 60000 60000
Lead 60000 60000 60000 60000
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Bonus & Stock options

The role Welder in Bolivia usually comes with bonuses and the possibility of accessing stock options. Both must be added to ...

Level Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000
Experience Min Avg Max
Junior 60000 60000 60000
Mid 60000 60000 60000
Senior 60000 60000 60000
Lead 60000 60000 60000

Supply and demand

Highly supplied position in a highly demanded market
Supply | (<100 professionals)
Demand | (<100 job offers)

Gender gap

Balanced

Male

57%

Female

42%

Benefits

There are statutory benefits associated with a Welder in Bolivia according to ...

Most Common Benefits

Competitive advantages associated with a Welder in Bolivia
Access to cutting-edge technology is a significant draw for tech-savvy professionals in Bolivia. Companies that provide the latest tools and software not only enhance productivity but also attract top talent eager to work with advanced technologies, fostering a culture of innovation and efficiency.
Bolivian companies often invest in the professional growth of their employees by offering training programs, workshops, and sponsorships for higher education. This benefit not only enhances the skill set of employees but also increases their productivity and job satisfaction, making it a valuable competitive advantage in the Bolivian job market.

Side Benefits to attract & retain talent

Additional perks for a Welder in Bolivia

Statutory Benefits

Mandatory benefits in Bolivia
Foreign employees must register with the Labor Ministry and require a special purpose visa and a one-year residence visa.
Standard working hours are 8 hours per day, up to a maximum of 6 working days a week. Overtime is paid at 200% of the standard salary rate.
Salaries are paid monthly on the last working day of the month.
Employer contributions for various benefits including Housing, Professional Risk Premium, National Healthcare, and Employer Solidarity Contribution.
Employee contributions including Long-term SSO Contribution, Common Risk, Pensionary Fund Commission, and Solidarity Contribution for Pension.
Flat rate income tax for employees.
The monthly minimum wage in Bolivia is 2,500 BOB.
Mandatory 13th salary at the end of the year and potentially a 14th salary if GDP is over 4.50% or if annual profits are made.
90 days paid maternity leave, 45 days before and 45 days after the due date.
Minimum of 15 days paid leave per year, increasing to 20 days after 5 years, and 30 days after 10 years of service.
Mandatory paid paternity leave of 3 days.
There are 10 public holidays in Bolivia.
Up to 26 weeks of paid sick leave per year, with a medical certificate required within 48 hours.
Severance pay is typically one month’s salary for each completed year of service, depending on the termination type.
Standard termination process based on the General Labour Law with no mandatory notice period.
Probation periods for permanent employees are generally between 1 and 3 months.