Loss Prevention Specialist Average Salary in Tunisia 2024
How much money does a person working as Loss Prevention Specialist make in Tunisia?
LOW
1,920
TND AVERAGE
4,170
TND HIGH
6,630
TND
A person working as Loss Prevention Specialist in Tunisia typically earns around 4,170 TND. Salaries range from 1,920 TND (lowest) to 6,630 TND (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Loss Prevention Specialist salaries in Tunisia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Loss Prevention Specialist Pay Scale and Salaries in Tunisia
Salary Structure and Pay Scale Comparison
3,960 TND or more
3,470 to 3,960 TND
2,390 TND or less
2,390 to 3,470 TND
 1,920 TND |
3,990 TND |
6,630 TND |
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 Loss Prevention Specialist in Tunisia range from 1,920 TND (starting salary) to 6,630 TND (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 3,990 TND, half of the professionals who work as Loss Prevention Specialist in Tunisia 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 Loss Prevention Specialist in Tunisia earn less than 3,210 TND, while 75% earn more. Similarly, the chart shows that 75% earn less than 4,590 TND 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 Loss Prevention Specialist in Tunisia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,390 TND to 3,470 TND. About 20% of salaries are below the 2,390 TND mark, while 10% fall within the range of 3,470 TND to 3,960 TND. Only 5% of individuals have salaries exceeding 3,960 TND.
Salary Comparison by Years of Experience / Loss Prevention Specialist / Tunisia
How do experience and age affect pay?
| 0 - 2 Years | 2,180 TND | |
| 2 - 5 Years | +34% | 2,910 TND |
| 5 - 10 Years | +48% | 4,300 TND |
| 10 - 15 Years | +22% | 5,240 TND |
| 15 - 20 Years | +9% | 5,710 TND |
| 20+ Years | +8% | 6,180 TND |
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 Loss Prevention Specialist and this is what we found.
Employees with less than two years of experience earn approximately 2,180 TND.
While someone with an experience level between two and five years is expected to earn 2,910 TND, 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 4,300 TND, 48% 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 5,240 TND, 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 5,710 TND, 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 6,180 TND, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Loss Prevention Specialist / Tunisia
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Loss Prevention Specialist.
| Bachelor's Degree | 2,530 TND | |
| Master's Degree | +93% | 4,890 TND |
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 Loss Prevention Specialist in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 2,530 TND.
Level 2: Master's Degree
At this level, the average salary becomes 4,890 TND, 93% 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 Tunisia costs anywhere from 19,600 TND to 58,900 TND 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 / Loss Prevention Specialist / Tunisia
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 Loss Prevention Specialist in Tunisia, the average difference between the salary of male and female employees is 19%.
| Male | 4,530 TND | |
| Female | -16% | 3,820 TND |
Salary Comparison By Gender in Tunisia for all Careers
Average Annual Salary Increment Percentage / Loss Prevention Specialist / Tunisia
How much are annual salary increments in Tunisia for individuals working as Loss Prevention Specialist? How often do employees get salary raises?
Individuals working as Loss Prevention Specialist in Tunisia are likely to observe a salary increase of approximately 11% every 20 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.
Tunisia / 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 / Loss Prevention Specialist / Tunisia
How much and how often are bonuses being awarded?
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45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
| Received Bonus | 55% | |
| No Bonus | 45% |
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 / Loss Prevention Specialist / Tunisia
24 TND per hourThe average hourly wage (pay per hour) for individuals working as Loss Prevention Specialist in Tunisia is 24 TND.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 Loss Prevention Specialist in Tunisia is 11 TND. 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 |
| Insurance |  -100% | |
| Actuarial Analyst | 5,240 TND |  +26% |
| Actuarial Assistant | 3,760 TND | -10% |
| Actuarial Specialist | 3,890 TND | -7% |
| Actuary | 5,130 TND | +23% |
| Adjustment Insurance Clerk | 1,430 TND | -66% |
| Assistant Broker | 2,420 TND | -42% |
| Assistant Claims Manager | 4,220 TND | +1% |
| Associate Insurance Representative | 2,160 TND | -48% |
| Auditing Insurance Manager | 5,820 TND | +40% |
| Blockchain Insurance Auditor | 3,830 TND | -8% |
| Broker | 3,850 TND | -8% |
| Claim Advocacy Professional | 3,930 TND | -6% |
| Claims Adjuster | 1,490 TND | -64% |
| Claims Analyst | 2,120 TND | -49% |
| Claims Examiner | 2,160 TND | -48% |
| Claims Manager | 5,420 TND | +30% |
| Claims Processor | 1,460 TND | -65% |
| Claims Representative | 1,710 TND | -59% |
| Claims Resolution Specialist | 4,310 TND | +3% |
| Claims Supervisor | 3,960 TND | -5% |
| Complaints Specialist | 3,660 TND | -12% |
| Compliance Examiner | 3,760 TND | -10% |
| Compliance Officer | 3,280 TND | -21% |
| Compliance Reviewer | 3,790 TND | -9% |
| Consultant | 3,960 TND | -5% |
| Drone Claims Adjuster | 1,750 TND | -58% |
| Eligibility Interviewer | 4,430 TND | +6% |
| Eligibility Specialist | 4,090 TND | -2% |
| Insurance Account Manager | 5,000 TND | +20% |
| Insurance Accounts Executive | 4,310 TND | +3% |
| Insurance Adjuster | 3,860 TND | -7% |
| Insurance Agent | 2,280 TND | -45% |
| Insurance Analyst | 4,070 TND | -2% |
| Insurance Appraiser | 4,170 TND | -0% |
| Insurance Claims Clerk | 1,430 TND | -66% |
| Insurance Compliance Officer | 4,610 TND | +11% |
| Insurance Data Scientist | 3,830 TND | -8% |
| Insurance Examiner | 3,590 TND | -14% |
| Insurance Fraud Investigator | 3,190 TND | -24% |
| Insurance Investigator | 3,760 TND | -10% |
| Insurance Manager | 6,840 TND | +64% |
| Insurance Operations Manager | 6,690 TND | +60% |
| Insurance Policy Processing Clerk | 1,520 TND | -64% |
| Insurance Pricing Assistant | 3,210 TND | -23% |
| Insurance Product Manager | 4,600 TND | +10% |
| Insurance Program Manager | 5,330 TND | +28% |
| Insurance Project Manager | 5,050 TND | +21% |
| Insurance Quality Assurance Agent | 3,310 TND | -21% |
| Insurance Sales Agent | 2,470 TND | -41% |
| Insurance Sales Director | 6,530 TND | +57% |
| Insurance Sales Manager | 5,410 TND | +30% |
| Insurance Sales Representative | 2,000 TND | -52% |
| Insurance Team Leader | 4,290 TND | +3% |
| Insurance Underwriter | 2,910 TND | -30% |
| Insurtech Analyst | 3,680 TND | -12% |
| Loss Control Specialist | 3,940 TND | -6% |
| Loss Prevention Investigator | 4,330 TND | +4% |
| Loss Prevention Manager | 5,590 TND | +34% |
| Loss Prevention Specialist | 4,170 TND | -0% |
| Marine Underwriter | 2,970 TND | -29% |
| Medical Auditor | 4,040 TND | -3% |
| Monitoring and Performance Officer | 2,710 TND | -35% |
| Parametric Insurance Specialist | 3,900 TND | -6% |
| Payment Services Specialist | 4,170 TND | -0% |
| Peer-to-Peer Insurance Manager | 4,910 TND | +18% |
| Policy Change Director | 5,990 TND | +44% |
| Policy Change Supervisor | 4,220 TND | +1% |
| Policy Change Technician | 1,930 TND | -54% |
| Risk Analyst | 4,640 TND | +11% |
| Risk Management Director | 7,410 TND | +78% |
| Risk Management Supervisor | 4,890 TND | +17% |
| Risk Manager | 7,430 TND | +78% |
| Risk Modeling Manager | 7,580 TND | +82% |
| Social Media Risk Analyst | 4,240 TND | +2% |
| Title Insurance Typist | 3,420 TND | -18% |
| Training Manager | 4,230 TND | +1% |
| Underwriting Assistant | 2,020 TND | -52% |
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 Tunisia is 13% on average across all career fields.
| Private Sector | 3,690 TND | |
| Public Sector | +13% | 4,190 TND |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Loss Prevention Specialist in Tunisia?
A good and competitive compensation would range anywhere between 3,990 TND and 4,590 TND. 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 Loss Prevention Specialist in Tunisia ranges from 1,920 TND to 3,210 TND. 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
