Trade Marketing Specialist salary Philippines
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Average Monthly Salary 48,500 PHP ( 582,000 PHP yearly) LOW 22,300 PHP AVERAGE 48,500 PHP HIGH 77,200 PHP A person working as a Trade Marketing Professional in Philippines typically earns around 48,500 PHP per month. Salaries range from 22,300 PHP (lowest) to 77,200 PHP (highest). This is the average monthly salary including housing, transport, and other benefits. Trade Marketing Professional salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
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 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 Trade Marketing Professional salaries by experience level and this is what we found. A Trade Marketing Professional with less than two years of experience makes approximately 25,300 PHP per month. While someone with an experience level between two and five years is expected to earn 33,800 PHP 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 50,000 PHP per month, 48% 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. ” Additionally, Trade Marketing Professional(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 61,000 PHP 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 66,500 PHP 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 72,000 PHP per month, 8% more than people with fifteen to twenty years of experience. Trade Marketing Professional average salary change by experience in Philippines
Percentage increase and decrease are relative to the previous value 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 Trade Marketing Professional salaries by education level in order to make a comparison. When the education level is High School, the average salary of a Trade Marketing Professional is 31,100 PHP per month. While someone with a Certificate or Diploma gets a salary of 36,600 PHP per month, 18% more than someone having a High School degree. A Bachelor's Degree gets its holder an average salary of 53,000 PHP per month, 45% more than someone with a Certificate or Diploma. Professionals who hold a Master's Degree are rewarded with an average salary of 69,500 PHP per month, 31% more than someone with Bachelor's Degree. Trade Marketing Professional average salary difference by education level in Philippines
Percentage increase and decrease are relative to the previous value A Master's degree program or any post-graduate program in Philippines costs anywhere from 223,000 Philippine Peso(s) to 669,000 Philippine Peso(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 Trade Marketing Professional employees in Philippines earn 15% more than their female counterparts on average.
Percentage increase and decrease are relative to the previous value 43 Careers That Pay Women More Than Men! Trade Marketing Professional(s) in Philippines are likely to observe a salary increase of approximately 11% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months. 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. 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 Philippines is 5%.”
Listed above are the average annual increase rates for each industry in Philippines for the year 2021. 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 JobsTop 10 Highest Paying Careers in Philippines See Full ListTrade Marketing Professional Bonus and Incentive Rates in PhilippinesHow much and how often are bonuses being awarded?A Trade Marketing Professional is considered to be a high 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.18% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 82% said that they received at least one form of monetary bonus.Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.Received BonusNo BonusWhat makes a position worthy of good bonuses and a high salary?
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 LevelTop 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. 280 PHP per 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. 25 Simple Ways to Reduce Bills and Save Money Start Saving!The average salary for Trade Marketing Professional is 3% less than that of Marketing. Also, Marketing salaries are 12% more than those of All Jobs. 21 High Paying Jobs That Don't Require a College Degree! Check The List
Where can you get paid more, working for a private company or for the government? Public sector employees in Philippines earn 12% more than their private sector counterparts on average across all sectors.
Percentage increase and decrease are relative to the previous value All Jobs»Marketing»Trade Marketing Professional |