Revenue Management Specialist Average Salary in Palma de Mallorca 2024
How much money does a person working as Revenue Management Specialist make in Palma de Mallorca?
LOW
1,660
EUR AVERAGE
3,190
EUR HIGH
4,880
EUR
A person working as Revenue Management Specialist in Palma de Mallorca typically earns around 3,190 EUR. Salaries range from 1,660 EUR (lowest) to 4,880 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Revenue Management Specialist salaries in Palma de Mallorca 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 Palma de Mallorca
Salary Structure and Pay Scale Comparison
2,890 EUR or more
2,570 to 2,890 EUR
1,880 EUR or less
1,880 to 2,570 EUR
 1,660 EUR |
2,900 EUR |
4,880 EUR |
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 Palma de Mallorca range from 1,660 EUR (starting salary) to 4,880 EUR (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 2,900 EUR, half of the professionals who work as Revenue Management Specialist in Palma de Mallorca 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 Palma de Mallorca earn less than 2,400 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,290 EUR 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 Palma de Mallorca compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,880 EUR to 2,570 EUR. About 20% of salaries are below the 1,880 EUR mark, while 10% fall within the range of 2,570 EUR to 2,890 EUR. Only 5% of individuals have salaries exceeding 2,890 EUR.
Salary Comparison by Years of Experience / Revenue Management Specialist / Palma de Mallorca
How do experience and age affect pay?
| 0 - 2 Years | 1,880 EUR | |
| 2 - 5 Years | +34% | 2,530 EUR |
| 5 - 10 Years | +30% | 3,280 EUR |
| 10 - 15 Years | +21% | 3,970 EUR |
| 15 - 20 Years | +9% | 4,340 EUR |
| 20+ Years | +5% | 4,570 EUR |
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 1,880 EUR.
While someone with an experience level between two and five years is expected to earn 2,530 EUR, 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 3,280 EUR, 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 3,970 EUR, 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 4,340 EUR, 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 4,570 EUR, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Revenue Management Specialist / Palma de Mallorca
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 | 2,270 EUR | |
| Certificate or Diploma | +14% | 2,590 EUR |
| Bachelor's Degree | +41% | 3,650 EUR |
| Master's Degree | +21% | 4,420 EUR |
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 2,270 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 2,590 EUR, 14% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 3,650 EUR, 41% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 4,420 EUR, 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 Spain costs anywhere from 13,600 EUR to 40,900 EUR 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 / Palma de Mallorca
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 Spain, the average difference between the salary of male and female employees is 5%.
| Male | 3,200 EUR | |
| Female | -4% | 3,060 EUR |
Salary Comparison By Gender in Spain for all Careers
Average Annual Salary Increment Percentage / Revenue Management Specialist / Palma de Mallorca
How much are annual salary increments in Palma de Mallorca for individuals working as Revenue Management Specialist? How often do employees get salary raises?
Individuals working as Revenue Management Specialist in Spain 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 17 months.
Spain / 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 / Spain
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/spain/accounting-and-finance/revenue-management-specialist/annual-salary-bonus-rate-spain-revenue-management-specialist.jpg
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% |
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 / Palma de Mallorca
18 EUR per hourThe average hourly wage (pay per hour) for individuals working as Revenue Management Specialist in Palma de Mallorca is 18 EUR.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 Palma de Mallorca is 10 EUR. 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 | 1,550 EUR | -51% |
| Account Executive | 2,480 EUR | -22% |
| Accountant | 1,940 EUR | -39% |
| Accounting Analyst | 2,310 EUR | -27% |
| Accounting Assistant | 1,520 EUR | -52% |
| Accounting Associate | 1,440 EUR | -55% |
| Accounting Clerk | 1,260 EUR | -60% |
| Accounting Coordinator | 1,820 EUR | -43% |
| Accounting Head | 3,810 EUR |  +20% |
| Accounting Manager | 4,070 EUR | +28% |
| Accounting Officer | 1,580 EUR | -50% |
| Accounting Specialist | 2,660 EUR | -17% |
| Accounting Supervisor | 2,710 EUR | -15% |
| Accounting Technician | 1,380 EUR | -57% |
| Accounting Unit Controller | 3,310 EUR | +4% |
| Accounts Executive | 2,570 EUR | -19% |
| Accounts Officer | 1,580 EUR | -50% |
| Accounts Payable and Receivable Specialist | 2,070 EUR | -35% |
| Accounts Payable Assistant | 1,650 EUR | -48% |
| Accounts Payable Associate | 1,910 EUR | -40% |
| Accounts Payable Clerk | 1,520 EUR | -52% |
| Accounts Payable Manager | 3,600 EUR | +13% |
| Accounts Receivable Administrator | 2,790 EUR | -12% |
| Accounts Receivable Clerk | 1,590 EUR | -50% |
| Accounts Receivable Financial Analyst | 2,610 EUR | -18% |
| Accounts Receivable Manager | 3,730 EUR | +17% |
| Accounts Receivable Team Leader | 2,930 EUR | -8% |
| Algorithmic Trading Specialist | 3,430 EUR | +8% |
| Assistant Accountant | 1,510 EUR | -53% |
| Assistant Accounting Manager | 3,370 EUR | +6% |
| Assistant Auditor | 2,060 EUR | -35% |
| Assistant Corporate Controller | 2,500 EUR | -22% |
| Assistant Finance Manager | 3,710 EUR | +16% |
| Assistant Financial Controller | 2,570 EUR | -19% |
| Audit Director | 4,340 EUR | +36% |
| Audit Supervisor | 3,410 EUR | +7% |
| Auditing Clerk | 1,580 EUR | -50% |
| Auditing Manager | 3,840 EUR | +21% |
| Billing Clerk | 1,550 EUR | -51% |
| Billing Coordinator | 1,770 EUR | -44% |
| Billing Specialist | 2,060 EUR | -35% |
| Billing Supervisor | 2,940 EUR | -8% |
| Bookkeeper | 1,340 EUR | -58% |
| Bookkeeping Specialist | 1,810 EUR | -43% |
| Budget Analyst | 3,110 EUR | -2% |
| Budget Manager | 3,980 EUR | +25% |
| Business Support Analyst | 2,290 EUR | -28% |
| Capital Markets Associate | 2,990 EUR | -6% |
| Cash Flow Analyst | 2,890 EUR | -9% |
| Cash Management Manager | 3,630 EUR | +14% |
| Cash Management Officer | 2,130 EUR | -33% |
| Cashbook Clerk | 1,430 EUR | -55% |
| Chartered Accountant | 2,530 EUR | -21% |
| Chief Accountant | 2,800 EUR | -12% |
| Chief Financial Technology Officer | 3,940 EUR | +24% |
| Collections Clerk | 1,240 EUR | -61% |
| Collections Representative | 1,760 EUR | -45% |
| Collections Specialist | 2,000 EUR | -37% |
| Corporate Controller | 3,150 EUR | -1% |
| Corporate Treasurer | 3,580 EUR | +12% |
| Cost Accountant | 2,010 EUR | -37% |
| Cost Accounting Manager | 3,620 EUR | +14% |
| Cost Accounting Supervisor | 3,130 EUR | -2% |
| Cost Analyst | 3,160 EUR | -1% |
| Credit and Collection Manager | 3,860 EUR | +21% |
| Credit and Collection Staff | 1,630 EUR | -49% |
| Credit and Loans Officer | 1,510 EUR | -53% |
| Credit Controller | 2,680 EUR | -16% |
| Credit Manager | 3,870 EUR | +21% |
| Debt Adviser | 3,120 EUR | -2% |
| Debt Collector | 1,580 EUR | -50% |
| Debtors Clerk | 1,450 EUR | -54% |
| Debtors Controller | 1,580 EUR | -50% |
| Deputy CFO | 4,960 EUR | +56% |
| Deputy Head of Finance | 5,200 EUR | +63% |
| Derivative Trader | 3,330 EUR | +5% |
| Director of Finance | 5,290 EUR | +66% |
| E-commerce Accountant | 2,100 EUR | -34% |
| Economist | 4,190 EUR | +32% |
| Equity Analyst | 3,460 EUR | +9% |
| Escrow Assistant | 1,720 EUR | -46% |
| Executive Accountant | 2,190 EUR | -31% |
| External Auditor | 2,580 EUR | -19% |
| Finance Administrator | 2,260 EUR | -29% |
| Finance Analyst | 3,270 EUR | +3% |
| Finance Associate | 1,690 EUR | -47% |
| Finance Data Analyst | 3,210 EUR | +1% |
| Finance Director | 5,670 EUR | +78% |
| Finance Executive | 3,810 EUR | +20% |
| Finance Licensing Clerk | 1,420 EUR | -55% |
| Finance Licensing Manager | 3,710 EUR | +16% |
| Finance Licensing Specialist | 2,140 EUR | -33% |
| Finance Manager | 5,260 EUR | +65% |
| Finance Officer | 1,960 EUR | -38% |
| Finance President | 5,180 EUR | +63% |
| Finance Relationship Manager | 4,500 EUR | +41% |
| Finance Release Analyst | 2,200 EUR | -31% |
| Finance Specialist | 3,110 EUR | -2% |
| Finance Team Leader | 4,240 EUR | +33% |
| Financial Accountant | 2,060 EUR | -35% |
| Financial Actuary | 2,880 EUR | -10% |
| Financial Administrator | 3,160 EUR | -1% |
| Financial Advisor | 3,300 EUR | +4% |
| Financial Analyst | 3,450 EUR | +8% |
| Financial Applications Specialist | 2,460 EUR | -23% |
| Financial Assistant | 1,620 EUR | -49% |
| Financial Associate | 1,970 EUR | -38% |
| Financial Claims Analyst | 2,600 EUR | -18% |
| Financial Claims Manager | 3,280 EUR | +3% |
| Financial Claims Supervisor | 3,290 EUR | +3% |
| Financial Clerk | 1,600 EUR | -50% |
| Financial Commercial Analyst | 2,770 EUR | -13% |
| Financial Compliance Analyst | 3,040 EUR | -5% |
| Financial Compliance Officer | 3,070 EUR | -4% |
| Financial Consultant | 2,640 EUR | -17% |
| Financial Controller | 2,960 EUR | -7% |
| Financial Coordinator | 1,870 EUR | -41% |
| Financial Customer Service Manager | 3,330 EUR | +5% |
| Financial Data Scientist | 3,480 EUR | +9% |
| Financial Dealer and Broker | 2,200 EUR | -31% |
| Financial Director | 5,610 EUR | +76% |
| Financial Encoder | 1,780 EUR | -44% |
| Financial Manager | 5,010 EUR | +57% |
| Financial Modelling Analyst | 3,280 EUR | +3% |
| Financial Operations Manager | 4,640 EUR | +46% |
| Financial Policy Analyst | 2,880 EUR | -10% |
| Financial Project Manager | 3,740 EUR | +17% |
| Financial Quantitative Analyst | 3,260 EUR | +2% |
| Financial Reporting Consultant | 2,830 EUR | -11% |
| Financial Reporting Manager | 3,510 EUR | +10% |
| Financial Section Head | 3,550 EUR | +11% |
| Financial Services Manager | 4,930 EUR | +55% |
| Financial Services Sales Agent | 2,050 EUR | -36% |
| Financial Technology Consultant | 3,120 EUR | -2% |
| Financial Wellness Coach | 3,900 EUR | +22% |
| FinTech Analyst | 3,220 EUR | +1% |
| Fixed Assets Administrator | 2,010 EUR | -37% |
| Forensic Accountant | 2,370 EUR | -26% |
| Fraud Detection Supervisor | 2,480 EUR | -22% |
| Fraud Prevention Manager | 3,880 EUR | +22% |
| Fund Accountant | 1,870 EUR | -41% |
| Grants Coordinator | 1,480 EUR | -54% |
| Green Finance Analyst | 2,790 EUR | -12% |
| Group Financial Manager | 5,250 EUR | +65% |
| Internal Auditor | 2,660 EUR | -17% |
| Internal Control Adviser | 3,110 EUR | -2% |
| Internal Control Officer | 1,770 EUR | -44% |
| International Tax Director | 4,550 EUR | +43% |
| Inventory Accountant | 2,110 EUR | -34% |
| Investment Advisor | 4,770 EUR | +50% |
| Investment Analyst | 3,840 EUR | +21% |
| Investment Associate | 3,140 EUR | -1% |
| Investment Broker | 3,210 EUR | +1% |
| Investment Fund Manager | 4,000 EUR | +26% |
| Investment Operations Manager | 4,100 EUR | +29% |
| Investment Underwriter | 1,770 EUR | -44% |
| Investor | 2,440 EUR | -23% |
| Investor Relations Manager | 3,600 EUR | +13% |
| KYC Team Leader | 3,550 EUR | +11% |
| Loan Processor | 1,620 EUR | -49% |
| Management Accountant | 2,180 EUR | -32% |
| Management Economist | 4,130 EUR | +30% |
| Paymaster | 1,640 EUR | -49% |
| Payroll Administrator | 2,490 EUR | -22% |
| Payroll Benefits Coordinator | 2,210 EUR | -31% |
| Payroll Billing Manager | 3,440 EUR | +8% |
| Payroll Clerk | 1,670 EUR | -48% |
| Payroll Manager | 3,540 EUR | +11% |
| Payroll Officer | 1,700 EUR | -47% |
| Payroll Specialist | 2,140 EUR | -33% |
| Payroll Supervisor | 2,470 EUR | -22% |
| Pensions Administrator | 1,980 EUR | -38% |
| Personal Financial Advisor | 2,890 EUR | -9% |
| Pricing Analyst | 3,230 EUR | +1% |
| Private Equity Analyst | 3,460 EUR | +9% |
| Project Accountant | 2,040 EUR | -36% |
| Proposal Development Coordinator | 1,690 EUR | -47% |
| Quantitative Trader | 2,870 EUR | -10% |
| Receivables Accountant | 1,760 EUR | -45% |
| Regulatory Accountant | 2,170 EUR | -32% |
| Retirement Plan Analyst | 3,150 EUR | -1% |
| Revenue Management Specialist | 3,190 EUR | +0% |
| Revenue Recognition Analyst | 3,450 EUR | +8% |
| Risk Management Director | 4,450 EUR | +40% |
| Risk Management Supervisor | 3,600 EUR | +13% |
| Staff Accountant | 1,870 EUR | -41% |
| Tax Accountant | 1,890 EUR | -41% |
| Tax Administrator | 2,020 EUR | -37% |
| Tax Advisor | 2,990 EUR | -6% |
| Tax Analyst | 2,920 EUR | -8% |
| Tax Associate | 1,680 EUR | -47% |
| Tax Consultant | 2,950 EUR | -7% |
| Tax Director | 4,520 EUR | +42% |
| Tax Examiner | 1,990 EUR | -38% |
| Tax Manager | 4,000 EUR | +26% |
| Tax Research Manager | 3,900 EUR | +22% |
| Teller | 1,250 EUR | -61% |
| Treasury Accountant | 2,040 EUR | -36% |
| Treasury Analyst | 3,210 EUR | +1% |
| Underwriter | 1,400 EUR | -56% |
| Underwriting Assistant | 1,430 EUR | -55% |
| Vice President of Finance | 5,270 EUR | +65% |
Salary Comparison By City
| City | Average Salary |
| Barcelona | 3,530 EUR |
| Madrid | 3,460 EUR |
| Palma de Mallorca | 3,190 EUR |
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 Spain is 5% on average across all career fields.
| Private Sector | 2,660 EUR | |
| Public Sector | +5% | 2,780 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Revenue Management Specialist in Palma de Mallorca?
A good and competitive compensation would range anywhere between 2,900 EUR and 3,290 EUR. 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 Palma de Mallorca ranges from 1,660 EUR to 2,400 EUR. 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
