A person working as Policy Change Technician in Manila typically earns around 25,600 PHP. Salaries range from 13,300 PHP (lowest) to 39,100 PHP (highest).
This is the average salary including housing, transport, and other benefits. Policy Change Technician salaries in Manila vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 13,300 PHP |
Median 23,300 PHP |
Maximum 39,100 PHP |
Salaries for the position Policy Change Technician in Manila range from 13,300 PHP (starting salary) to 39,100 PHP (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.
With a median salary of 23,300 PHP, half of the professionals who work as Policy Change Technician in Manila 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.
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 Policy Change Technician in Manila earn less than 19,300 PHP, while 75% earn more. Similarly, the chart shows that 75% earn less than 26,400 PHP while 25% earn more.
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 Policy Change Technician in Manila compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 15,100 PHP to 20,600 PHP. About 20% of salaries are below the 15,100 PHP mark, while 10% fall within the range of 20,600 PHP to 23,200 PHP. Only 5% of individuals have salaries exceeding 23,200 PHP.
0 - 2 Years | 15,100 PHP | |
2 - 5 Years | +34% | 20,300 PHP |
5 - 10 Years | +30% | 26,300 PHP |
10 - 15 Years | +21% | 31,900 PHP |
15 - 20 Years | +9% | 34,900 PHP |
20+ Years | +5% | 36,700 PHP |
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 Policy Change Technician and this is what we found.
Employees with less than two years of experience earn approximately 15,100 PHP.
While someone with an experience level between two and five years is expected to earn 20,300 PHP, 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 26,300 PHP, 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 31,900 PHP, 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 34,900 PHP, 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 36,700 PHP, 5% more than people with fifteen to twenty years of experience.
Certificate or Diploma | 17,900 PHP | |
Bachelor's Degree | +52% | 27,200 PHP |
Master's Degree | +42% | 38,600 PHP |
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 Policy Change Technician in order to make a comparison.
Employees at this education level have an average salary of 17,900 PHP.
At this level, the average salary becomes 27,200 PHP, 52% more than the previous level.
At this level, the average salary becomes 38,600 PHP, 42% more than the previous level.
A Master's degree program or any post-graduate program in Philippines costs anywhere from 224,000 PHP to 671,000 PHP 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.
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 Policy Change Technician in Philippines, the average difference between the salary of male and female employees is 15%.
Male | 21,700 PHP | |
Female | -13% | 18,900 PHP |
Individuals working as Policy Change Technician in Philippines are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
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.
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
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.
100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | % | |
No Bonus | 100% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Policy Change Technician in Manila is 77 PHP. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Insurance | -100% | |
Actuarial Analyst | 69,900 PHP | +170% |
Actuarial Assistant | 48,400 PHP | +89% |
Actuarial Specialist | 48,200 PHP | +88% |
Actuary | 70,100 PHP | +170% |
Adjustment Insurance Clerk | 19,800 PHP | -23% |
Assistant Broker | 33,700 PHP | +32% |
Assistant Claims Manager | 54,400 PHP | +110% |
Associate Insurance Representative | 26,400 PHP | +3% |
Auditing Insurance Manager | 77,700 PHP | +200% |
Blockchain Insurance Auditor | 46,900 PHP | +83% |
Broker | 50,700 PHP | +98% |
Claim Advocacy Professional | 51,900 PHP | +100% |
Claims Adjuster | 19,100 PHP | -25% |
Claims Analyst | 26,300 PHP | +3% |
Claims Examiner | 25,800 PHP | +1% |
Claims Manager | 76,100 PHP | +200% |
Claims Processor | 19,700 PHP | -23% |
Claims Representative | 23,200 PHP | -9% |
Claims Resolution Specialist | 54,800 PHP | +110% |
Claims Supervisor | 51,700 PHP | +100% |
Complaints Specialist | 48,800 PHP | +91% |
Compliance Examiner | 48,100 PHP | +88% |
Compliance Officer | 42,800 PHP | +67% |
Compliance Reviewer | 46,700 PHP | +83% |
Consultant | 50,700 PHP | +98% |
Drone Claims Adjuster | 22,300 PHP | -13% |
Eligibility Interviewer | 55,600 PHP | +120% |
Eligibility Specialist | 51,500 PHP | +100% |
Insurance Account Manager | 63,200 PHP | +150% |
Insurance Accounts Executive | 58,200 PHP | +130% |
Insurance Adjuster | 45,900 PHP | +79% |
Insurance Agent | 29,600 PHP | +16% |
Insurance Analyst | 49,300 PHP | +93% |
Insurance Appraiser | 52,700 PHP | +110% |
Insurance Claims Clerk | 19,200 PHP | -25% |
Insurance Compliance Officer | 59,700 PHP | +130% |
Insurance Data Scientist | 47,900 PHP | +87% |
Insurance Examiner | 46,500 PHP | +82% |
Insurance Fraud Investigator | 42,500 PHP | +66% |
Insurance Investigator | 46,900 PHP | +83% |
Insurance Manager | 87,400 PHP | +240% |
Insurance Operations Manager | 84,500 PHP | +230% |
Insurance Policy Processing Clerk | 20,100 PHP | -21% |
Insurance Pricing Assistant | 41,000 PHP | +60% |
Insurance Product Manager | 59,000 PHP | +130% |
Insurance Program Manager | 65,400 PHP | +160% |
Insurance Project Manager | 64,600 PHP | +150% |
Insurance Quality Assurance Agent | 46,500 PHP | +82% |
Insurance Sales Agent | 31,700 PHP | +24% |
Insurance Sales Director | 84,000 PHP | +230% |
Insurance Sales Manager | 67,600 PHP | +160% |
Insurance Sales Representative | 27,200 PHP | +6% |
Insurance Team Leader | 54,500 PHP | +110% |
Insurance Underwriter | 38,500 PHP | +51% |
Insurtech Analyst | 45,500 PHP | +78% |
Loss Control Specialist | 49,100 PHP | +92% |
Loss Prevention Investigator | 51,900 PHP | +100% |
Loss Prevention Manager | 71,400 PHP | +180% |
Loss Prevention Specialist | 56,800 PHP | +120% |
Marine Underwriter | 38,800 PHP | +52% |
Medical Auditor | 51,600 PHP | +100% |
Monitoring and Performance Officer | 37,300 PHP | +46% |
Parametric Insurance Specialist | 51,800 PHP | +100% |
Payment Services Specialist | 50,100 PHP | +96% |
Peer-to-Peer Insurance Manager | 61,400 PHP | +140% |
Policy Change Director | 77,300 PHP | +200% |
Policy Change Supervisor | 58,000 PHP | +130% |
Policy Change Technician | 25,600 PHP | +0% |
Risk Analyst | 57,100 PHP | +120% |
Risk Management Director | 97,200 PHP | +280% |
Risk Management Supervisor | 61,700 PHP | +140% |
Risk Manager | 99,800 PHP | +290% |
Risk Modeling Manager | 98,200 PHP | +280% |
Social Media Risk Analyst | 55,000 PHP | +120% |
Title Insurance Typist | 45,900 PHP | +79% |
Training Manager | 58,900 PHP | +130% |
Underwriting Assistant | 26,400 PHP | +3% |
City | Average Salary |
Cebu | 23,000 PHP |
Manila | 25,600 PHP |
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 Philippines is 12% on average across all career fields.
Private Sector | 42,300 PHP | |
Public Sector | +12% | 47,300 PHP |
A good and competitive compensation would range anywhere between 23,300 PHP and 26,400 PHP. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Policy Change Technician in Manila ranges from 13,300 PHP to 19,300 PHP. 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.
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
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