Revenue Management Specialist Average Salary in Bulgaria 2024
How much money does a person working as Revenue Management Specialist make in Bulgaria?
LOW
2,110
BGN AVERAGE
4,050
BGN HIGH
6,190
BGN
A person working as Revenue Management Specialist in Bulgaria typically earns around 4,050 BGN. Salaries range from 2,110 BGN (lowest) to 6,190 BGN (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Revenue Management Specialist salaries in Bulgaria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Revenue Management Specialist Pay Scale and Salaries in Bulgaria
Salary Structure and Pay Scale Comparison
3,670 BGN or more
3,270 to 3,670 BGN
2,380 BGN or less
2,380 to 3,270 BGN
 2,110 BGN |
3,680 BGN |
6,190 BGN |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Revenue Management Specialist in Bulgaria range from 2,110 BGN (starting salary) to 6,190 BGN (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 3,680 BGN, half of the professionals who work as Revenue Management Specialist in Bulgaria earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Revenue Management Specialist in Bulgaria earn less than 3,050 BGN, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,180 BGN while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Revenue Management Specialist in Bulgaria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,380 BGN to 3,270 BGN. About 20% of salaries are below the 2,380 BGN mark, while 10% fall within the range of 3,270 BGN to 3,670 BGN. Only 5% of individuals have salaries exceeding 3,670 BGN.
Salary Comparison by Years of Experience / Revenue Management Specialist / Bulgaria
How do experience and age affect pay?
| 0 - 2 Years | 2,390 BGN | |
| 2 - 5 Years | +34% | 3,210 BGN |
| 5 - 10 Years | +30% | 4,170 BGN |
| 10 - 15 Years | +21% | 5,050 BGN |
| 15 - 20 Years | +9% | 5,520 BGN |
| 20+ Years | +5% | 5,810 BGN |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Revenue Management Specialist and this is what we found.
Employees with less than two years of experience earn approximately 2,390 BGN.
While someone with an experience level between two and five years is expected to earn 3,210 BGN, 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 4,170 BGN, 30% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 5,050 BGN, 21% 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 5,520 BGN, 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 5,810 BGN, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Revenue Management Specialist / Bulgaria
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Revenue Management Specialist.
| High School | 2,880 BGN | |
| Certificate or Diploma | +14% | 3,290 BGN |
| Bachelor's Degree | +41% | 4,640 BGN |
| Master's Degree | +21% | 5,620 BGN |
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 salaries by education level for the position Revenue Management Specialist in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 2,880 BGN.
Level 2: Certificate or Diploma
At this level, the average salary becomes 3,290 BGN, 14% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 4,640 BGN, 41% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 5,620 BGN, 21% more than the previous level.
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 Bulgaria costs anywhere from 16,600 BGN to 49,700 BGN 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 to a higher-paying job. The numbers seem to support the theory. 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 and Compensation Comparison By Gender / Revenue Management Specialist / Bulgaria
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Revenue Management Specialist in Bulgaria, the average difference between the salary of male and female employees is 6%.
| Male | 4,190 BGN | |
| Female | -6% | 3,940 BGN |
Salary Comparison By Gender in Bulgaria for all Careers
Average Annual Salary Increment Percentage / Revenue Management Specialist / Bulgaria
How much are annual salary increments in Bulgaria for individuals working as Revenue Management Specialist? How often do employees get salary raises?
Individuals working as Revenue Management Specialist in Bulgaria are likely to observe a salary increase of approximately 10% every 20 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.
Bulgaria / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Revenue Management Specialist / Bulgaria
How much and how often are bonuses being awarded?
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49% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
| Received Bonus | 51% | |
| No Bonus | 49% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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.
Average Hourly Wage / Revenue Management Specialist / Bulgaria
23 BGN per hourThe average hourly wage (pay per hour) for individuals working as Revenue Management Specialist in Bulgaria is 23 BGN.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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 fixed 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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Revenue Management Specialist in Bulgaria is 12 BGN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 1,760 BGN | -57% |
| Account Executive | 2,880 BGN | -29% |
| Accountant | 2,260 BGN | -44% |
| Accounting Analyst | 2,850 BGN | -30% |
| Accounting Assistant | 1,830 BGN | -55% |
| Accounting Associate | 1,710 BGN | -58% |
| Accounting Clerk | 1,430 BGN | -65% |
| Accounting Coordinator | 2,110 BGN | -48% |
| Accounting Head | 4,570 BGN |  +13% |
| Accounting Manager | 4,920 BGN | +22% |
| Accounting Officer | 1,780 BGN | -56% |
| Accounting Specialist | 3,350 BGN | -17% |
| Accounting Supervisor | 3,170 BGN | -22% |
| Accounting Technician | 1,600 BGN | -60% |
| Accounting Unit Controller | 4,010 BGN | -1% |
| Accounts Executive | 2,920 BGN | -28% |
| Accounts Officer | 1,810 BGN | -55% |
| Accounts Payable and Receivable Specialist | 2,300 BGN | -43% |
| Accounts Payable Assistant | 1,940 BGN | -52% |
| Accounts Payable Associate | 2,240 BGN | -45% |
| Accounts Payable Clerk | 1,780 BGN | -56% |
| Accounts Payable Manager | 4,880 BGN | +21% |
| Accounts Receivable Administrator | 3,300 BGN | -18% |
| Accounts Receivable Clerk | 1,720 BGN | -58% |
| Accounts Receivable Financial Analyst | 3,460 BGN | -15% |
| Accounts Receivable Manager | 4,640 BGN | +15% |
| Accounts Receivable Team Leader | 3,560 BGN | -12% |
| Algorithmic Trading Specialist | 3,980 BGN | -2% |
| Assistant Accountant | 1,800 BGN | -56% |
| Assistant Accounting Manager | 4,560 BGN | +13% |
| Assistant Auditor | 2,270 BGN | -44% |
| Assistant Corporate Controller | 3,130 BGN | -23% |
| Assistant Finance Manager | 4,940 BGN | +22% |
| Assistant Financial Controller | 3,340 BGN | -17% |
| Audit Director | 5,380 BGN | +33% |
| Audit Supervisor | 4,210 BGN | +4% |
| Auditing Clerk | 1,810 BGN | -55% |
| Auditing Manager | 4,960 BGN | +23% |
| Billing Clerk | 1,720 BGN | -58% |
| Billing Coordinator | 2,130 BGN | -47% |
| Billing Specialist | 2,430 BGN | -40% |
| Billing Supervisor | 3,640 BGN | -10% |
| Bookkeeper | 1,620 BGN | -60% |
| Bookkeeping Specialist | 2,180 BGN | -46% |
| Budget Analyst | 3,960 BGN | -2% |
| Budget Manager | 4,900 BGN | +21% |
| Business Support Analyst | 2,560 BGN | -37% |
| Capital Markets Associate | 3,540 BGN | -13% |
| Cash Flow Analyst | 3,700 BGN | -9% |
| Cash Management Manager | 4,540 BGN | +12% |
| Cash Management Officer | 2,720 BGN | -33% |
| Cashbook Clerk | 1,660 BGN | -59% |
| Chartered Accountant | 3,130 BGN | -23% |
| Chief Accountant | 3,540 BGN | -13% |
| Chief Financial Technology Officer | 5,000 BGN | +24% |
| Collections Clerk | 1,430 BGN | -65% |
| Collections Representative | 2,070 BGN | -49% |
| Collections Specialist | 2,420 BGN | -40% |
| Corporate Controller | 3,770 BGN | -7% |
| Corporate Treasurer | 4,530 BGN | +12% |
| Cost Accountant | 2,300 BGN | -43% |
| Cost Accounting Manager | 4,860 BGN | +20% |
| Cost Accounting Supervisor | 3,670 BGN | -9% |
| Cost Analyst | 3,650 BGN | -10% |
| Credit and Collection Manager | 4,750 BGN | +17% |
| Credit and Collection Staff | 1,770 BGN | -56% |
| Credit and Loans Officer | 1,710 BGN | -58% |
| Credit Controller | 3,340 BGN | -17% |
| Credit Manager | 5,090 BGN | +26% |
| Debt Adviser | 4,090 BGN | +1% |
| Debt Collector | 1,860 BGN | -54% |
| Debtors Clerk | 1,620 BGN | -60% |
| Debtors Controller | 1,780 BGN | -56% |
| Deputy CFO | 6,300 BGN | +56% |
| Deputy Head of Finance | 6,720 BGN | +66% |
| Derivative Trader | 3,950 BGN | -2% |
| Director of Finance | 6,940 BGN | +71% |
| E-commerce Accountant | 2,430 BGN | -40% |
| Economist | 5,570 BGN | +38% |
| Equity Analyst | 4,080 BGN | +1% |
| Escrow Assistant | 2,040 BGN | -50% |
| Executive Accountant | 2,560 BGN | -37% |
| External Auditor | 3,450 BGN | -15% |
| Finance Administrator | 2,750 BGN | -32% |
| Finance Analyst | 4,230 BGN | +4% |
| Finance Associate | 2,110 BGN | -48% |
| Finance Data Analyst | 3,920 BGN | -3% |
| Finance Director | 6,700 BGN | +66% |
| Finance Executive | 5,230 BGN | +29% |
| Finance Licensing Clerk | 1,760 BGN | -57% |
| Finance Licensing Manager | 4,360 BGN | +8% |
| Finance Licensing Specialist | 2,560 BGN | -37% |
| Finance Manager | 6,580 BGN | +63% |
| Finance Officer | 2,180 BGN | -46% |
| Finance President | 6,670 BGN | +65% |
| Finance Relationship Manager | 5,580 BGN | +38% |
| Finance Release Analyst | 2,820 BGN | -30% |
| Finance Specialist | 4,020 BGN | -1% |
| Finance Team Leader | 5,280 BGN | +30% |
| Financial Accountant | 2,380 BGN | -41% |
| Financial Actuary | 3,460 BGN | -15% |
| Financial Administrator | 3,870 BGN | -4% |
| Financial Advisor | 4,120 BGN | +2% |
| Financial Analyst | 4,160 BGN | +3% |
| Financial Applications Specialist | 3,090 BGN | -24% |
| Financial Assistant | 1,860 BGN | -54% |
| Financial Associate | 2,240 BGN | -45% |
| Financial Claims Analyst | 3,100 BGN | -23% |
| Financial Claims Manager | 4,230 BGN | +4% |
| Financial Claims Supervisor | 4,060 BGN | +0% |
| Financial Clerk | 1,800 BGN | -56% |
| Financial Commercial Analyst | 3,350 BGN | -17% |
| Financial Compliance Analyst | 3,720 BGN | -8% |
| Financial Compliance Officer | 3,600 BGN | -11% |
| Financial Consultant | 3,280 BGN | -19% |
| Financial Controller | 3,810 BGN | -6% |
| Financial Coordinator | 2,230 BGN | -45% |
| Financial Customer Service Manager | 4,180 BGN | +3% |
| Financial Data Scientist | 4,370 BGN | +8% |
| Financial Dealer and Broker | 2,670 BGN | -34% |
| Financial Director | 6,670 BGN | +65% |
| Financial Encoder | 2,030 BGN | -50% |
| Financial Manager | 6,480 BGN | +60% |
| Financial Modelling Analyst | 4,360 BGN | +8% |
| Financial Operations Manager | 5,960 BGN | +47% |
| Financial Policy Analyst | 3,530 BGN | -13% |
| Financial Project Manager | 5,040 BGN | +25% |
| Financial Quantitative Analyst | 4,190 BGN | +4% |
| Financial Reporting Consultant | 3,480 BGN | -14% |
| Financial Reporting Manager | 4,350 BGN | +7% |
| Financial Section Head | 4,330 BGN | +7% |
| Financial Services Manager | 6,080 BGN | +50% |
| Financial Services Sales Agent | 2,600 BGN | -36% |
| Financial Technology Consultant | 3,570 BGN | -12% |
| Financial Wellness Coach | 4,810 BGN | +19% |
| FinTech Analyst | 4,170 BGN | +3% |
| Fixed Assets Administrator | 2,440 BGN | -40% |
| Forensic Accountant | 2,810 BGN | -31% |
| Fraud Detection Supervisor | 2,920 BGN | -28% |
| Fraud Prevention Manager | 4,980 BGN | +23% |
| Fund Accountant | 2,190 BGN | -46% |
| Grants Coordinator | 1,760 BGN | -57% |
| Green Finance Analyst | 3,620 BGN | -11% |
| Group Financial Manager | 7,010 BGN | +73% |
| Internal Auditor | 3,080 BGN | -24% |
| Internal Control Adviser | 3,720 BGN | -8% |
| Internal Control Officer | 2,130 BGN | -47% |
| International Tax Director | 5,530 BGN | +37% |
| Inventory Accountant | 2,370 BGN | -41% |
| Investment Advisor | 6,330 BGN | +56% |
| Investment Analyst | 4,820 BGN | +19% |
| Investment Associate | 3,800 BGN | -6% |
| Investment Broker | 3,830 BGN | -5% |
| Investment Fund Manager | 5,220 BGN | +29% |
| Investment Operations Manager | 5,270 BGN | +30% |
| Investment Underwriter | 2,060 BGN | -49% |
| Investor | 2,950 BGN | -27% |
| Investor Relations Manager | 4,750 BGN | +17% |
| KYC Team Leader | 4,630 BGN | +14% |
| Loan Processor | 1,930 BGN | -52% |
| Management Accountant | 2,710 BGN | -33% |
| Management Economist | 5,500 BGN | +36% |
| Paymaster | 1,870 BGN | -54% |
| Payroll Administrator | 3,210 BGN | -21% |
| Payroll Benefits Coordinator | 2,560 BGN | -37% |
| Payroll Billing Manager | 4,370 BGN | +8% |
| Payroll Clerk | 1,980 BGN | -51% |
| Payroll Manager | 4,300 BGN | +6% |
| Payroll Officer | 2,150 BGN | -47% |
| Payroll Specialist | 2,410 BGN | -40% |
| Payroll Supervisor | 3,100 BGN | -23% |
| Pensions Administrator | 2,500 BGN | -38% |
| Personal Financial Advisor | 3,350 BGN | -17% |
| Pricing Analyst | 3,900 BGN | -4% |
| Private Equity Analyst | 4,250 BGN | +5% |
| Project Accountant | 2,540 BGN | -37% |
| Proposal Development Coordinator | 2,100 BGN | -48% |
| Quantitative Trader | 3,310 BGN | -18% |
| Receivables Accountant | 2,250 BGN | -44% |
| Regulatory Accountant | 2,520 BGN | -38% |
| Retirement Plan Analyst | 3,770 BGN | -7% |
| Revenue Management Specialist | 4,050 BGN | +0% |
| Revenue Recognition Analyst | 4,300 BGN | +6% |
| Risk Management Director | 5,460 BGN | +35% |
| Risk Management Supervisor | 4,650 BGN | +15% |
| Staff Accountant | 2,170 BGN | -46% |
| Tax Accountant | 2,250 BGN | -44% |
| Tax Administrator | 2,570 BGN | -37% |
| Tax Advisor | 3,750 BGN | -7% |
| Tax Analyst | 3,510 BGN | -13% |
| Tax Associate | 2,090 BGN | -48% |
| Tax Consultant | 3,780 BGN | -7% |
| Tax Director | 5,670 BGN | +40% |
| Tax Examiner | 2,550 BGN | -37% |
| Tax Manager | 4,950 BGN | +22% |
| Tax Research Manager | 4,630 BGN | +14% |
| Teller | 1,400 BGN | -65% |
| Treasury Accountant | 2,460 BGN | -39% |
| Treasury Analyst | 3,960 BGN | -2% |
| Underwriter | 1,720 BGN | -58% |
| Underwriting Assistant | 1,510 BGN | -63% |
| Vice President of Finance | 6,480 BGN | +60% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bulgaria is 9% on average across all career fields.
| Private Sector | 3,140 BGN | |
| Public Sector | +9% | 3,440 BGN |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Revenue Management Specialist in Bulgaria?
A good and competitive compensation would range anywhere between 3,680 BGN and 4,180 BGN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Revenue Management Specialist in Bulgaria ranges from 2,110 BGN to 3,050 BGN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
