How much money does a person working in Photography make in Belize?
Average Monthly Salary
3,070 BZD
( 36,800 BZD yearly)
LOW
2,040
BZDAVERAGE
3,070
BZDHIGH
4,230
BZD
A person working in Photography in Belize typically earns around 3,070 BZD per month. Salaries range from 2,040 BZD (lowest average) to 4,230 BZD (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Photography careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries for specific jobs
| Job Title | Average Salary |
| Assistant Photographer | 2,150 BZD |
| Mini-Lab Operator | 2,510 BZD |
| Photo Research Manager | 4,150 BZD |
| Photo Retoucher | 2,550 BZD |
| Photographer | 3,030 BZD |
| Photography Production Supervisor | 4,100 BZD |
| Studio Manager | 4,530 BZD |
Photography Jobs Pay Scale and Salaries in Belize
Salary Structure and Pay Scale Comparison
5% of people earn
2,970 BZD or more
10% of people earn
2,750 to 2,970 BZD
20% of people earn
2,260 BZD or less
65% of people earn
2,260 to 2,750 BZD
2,040 BZD |
2,970 BZD |
4,230 BZD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Photography salaries in Belize range from 2,040 BZD per month (starting average salary) to 4,230 BZD per month (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
Median Salary
The median salary is 2,970 BZD per month, which means that half (50%) of people working in Photography are earning less than 2,970 BZD while the other half are earning more than 2,970 BZD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles and Salary Scale
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Photography are earning less than 2,630 BZD while 75% of them are earning more than 2,630 BZD. Also from the diagram, 75% of people working in Photography are earning less than 3,250 BZD while 25% are earning more than 3,250 BZD.
Pay Scale Structure
We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 2,260 BZD to 2,750 BZD. Approximatly 20% fall under the 2,260 BZD cap. Ten percent of wages are from 2,750 BZD to 2,970 BZD. Only 5% of people grossed 2,970 BZD or more.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
* Based on the average change in salary over time. Salary variations differ from person to person.
Salary Comparison By Education
How does the education level affect your salary?
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
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 Belize costs anywhere from 19,600 Belize Dollar(s) to 58,800 Belize Dollar(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Salary and Compensation Comparison By Gender - Photography
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Belize who work in Photography earn 7% more than their female counterparts on average.
| Male | 3,210 BZD | |
| Female | -7% | 2,990 BZD |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Belize for all Careers
Photography Average Annual Salary Increment Percentage in Belize
How much are annual salary increments in Belize for Photography professionals? How often do employees get salary raises?
Photography
Photography professionals in Belize are likely to observe a salary increase of approximately 5% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 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.
Belize / All Professions
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 Belize is 2%.”
Annual Increment Rate By Industry 2022
| Banking | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
Listed above are the average annual increase rates for each industry in Belize for the year 2022. 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 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.
Photography Bonus and Incentive Rates in Belize
How much and how often are bonuses being awarded?
Photography is considered to be a low bonus-based field. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
88% of surveyed staff in Photography reported that they haven't received any bonuses or incentives in the previous year while 12% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 12% | |
| No Bonus | 88% |
Types of Bonuses Considered
Individual Performance-Based Bonuses
The most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance Bonuses
Occasionally, 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 Bonuses
Granted upon achieving an important goal or milestone.
Holiday / End of Year Bonuses
These 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.
“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 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.
Photography Salary Forecast and Trend in Belize
How do Photography salaries change over time? Listed below is a chart that shows the average salary in recent years.
| Average Salary 2019 | 2,800 BZD | |
| Average Salary 2020 | +2% | 2,850 BZD |
| Average Salary 2021 | +1% | 2,890 BZD |
| Average Salary 2022 | +3% | 2,990 BZD |
Percentage increase and decrease are relative to the previous value
Photography salaries in Belize are rising in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.
Photography Hourly Average Wage in Belize
18 BZD per hour
The average hourly wage (pay per hour) in Belize is 18 BZD. This means that the average person in Belize earns approximately 18 BZD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
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 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.
What is the minimum hourly rate of pay?
This minimum pay rate per hour for a person in Belize is 12 BZD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Photography VS Other Jobs
3,070 BZD
3,920 BZD
Average Salary
Photography
Average Salary
All Jobs
The average salary for Photography is 22% less than that of All Jobs.
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Belize earn 21% more than their private sector counterparts on average across all sectors.
| Private Sector | 3,570 BZD | |
| Public Sector | +21% | 4,310 BZD |
Percentage increase and decrease are relative to the previous value
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for Photography in Belize?
A good and competitive compensation would range anywhere between 2,970 BZD and 3,250 BZD. This is a very rough estimate and your experience and education will play a very huge part into your 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 salart after tax for every career.
Base / Basic Salary
The base salary for Photography in Belize is ranges from 2,630 BZD to 3,250 BZD. 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 in 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 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
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