Salary Guide
PICC Salaries in North Macedonia: Complete Compensation Analysis
Considering a career at PICC in North Macedonia? Our comprehensive salary guide provides accurate compensation data across various roles, experience levels, and departments to help you negotiate with confidence and understand your market value. Interview coming up? Check out Job Bridge for real time AI assistance.
Key Salary Insights for PICC
Average Base Salary
$25,000
Across all positions in North Macedonia
Salary Range
$18,000 - $35,000
From entry-level to executive positions
Industry Comparison
5% Below
Compared to industry average in North Macedonia
Total Compensation
+12%
Average bonus, stock options, and benefits
Location Factor: North Macedonia
Working at PICC in North Macedonia comes with specific geographical considerations:
- Cost of living index: 90 (U.S. average = 100)
- Average housing cost: $500/month for 1-bedroom apartment
- State income tax rate: 10%
- Regional salary adjustment factor: 0% same than national average
- Remote work opportunities: Limited
Salary Negotiation Tips for PICC
Based on our research and feedback from successful candidates, here are effective negotiation strategies specific to PICC:
- Highlight sales or claims processing that commands premium compensation
- Research indicates PICC typically has 5% flexibility on initial offers
- Negotiating for additional vacation may be more successful than base salary increases
- Emphasize meeting sales targets that aligns with company values
- Consider end of year which has proven effective
Recent Compensation Trends at PICC
Our analysis shows the following significant trends in PICC's compensation strategy over the past year:
- 7% increase in starting salaries for Actuary positions
- New emphasis on health insurance as part of compensation packages
- Shift towards performance-based bonuses
- Increased investment in competitive salaries
- annual salary adjustments to remain competitive in North Macedonia
Employee Testimonials
"After 3 years at PICC in North Macedonia, I've seen my compensation grow by approximately 8% annually. The company values dedication and rewards it consistently through performance-based promotions."
- Anonymous, Claims Processor
"The total compensation at PICC is competitive, but what really stands out is health insurance. This has added significant value to my overall package, worth approximately $1,000 annually."
- Anonymous, Sales Representative
Salary Comparison with Competitors
| Company | Avg. Base Salary | Bonus | Equity | Total |
|---|---|---|---|---|
| PICC | $25,000 | 7% | 1% | $26,750 |
| Zdruzhenie | $23,000 | 5% | 0% | $24,150 |
| Vektra | $24,000 | 6% | 0% | $25,440 |
| Euroins | $22,000 | 4% | 0% | $22,880 |
Educational Impact on Salary
Your educational background can significantly influence your earning potential at PICC. Here's how education typically impacts salaries:
Advanced Degree (Ph.D., MBA)
+10% premium
Most valued in: Actuarial, Underwriting
Master's Degree
+5% premium
Most valued in: IT, Claims Processing
Bachelor's Degree
Base level
Standard requirement for most positions
Industry Certifications
+2% per certification
Most valued: Actuarial, Insurance
Promotion and Raise Cycles
Understanding PICC's promotion and raise cycles can help you time your career moves strategically:
- Annual performance reviews typically conducted in December
- Average annual salary increase: 4% for meeting expectations, 7% for exceeding
- Promotion eligibility typically requires 2 years in current role
- Average salary bump with promotion: 5-10%
- Bonus determinations made in November, paid in January
- Off-cycle raises most common in exceptional performance
Methodology & Data Sources
Our salary data has been meticulously compiled and verified through multiple sources:
- 150 verified salary reports from current and former employees (collected January 2023 - September 2023)
- Analysis of 50 job postings from PICC in North Macedonia (collected January 2023 - September 2023)
- Interviews with 5 recruiters specializing in PICC placements
- Data from National Statistics Office for North Macedonia
- Industry compensation surveys from Indeed, LinkedIn Salary, and Salary.com
- Proprietary JobBridge salary database with 1,500 data points
This data is accurate as of October 2023 and represents a comprehensive view of PICC's compensation structure in North Macedonia.
Frequently Asked Questions
About This Salary Data
Our PICC salary data has been meticulously compiled from multiple reliable sources, including:
- 150 verified salary reports from current and former employees
- Data from job postings across major job boards
- Information from professional recruiters specializing in PICC placements
- Industry salary surveys and governmental labor statistics
- Anonymous compensation details shared through our proprietary network
This data was last updated on October 25, 2023, making it one of the most current and accurate salary resources available for PICC in North Macedonia.
Salary by Department
| Department | Entry Level | Mid Level | Senior Level |
|---|---|---|---|
| Insurance Sales | $18,000 | $22,000 | $28,000 |
| Claims Processing | $19,000 | $23,000 | $29,000 |
| Underwriting | $20,000 | $24,000 | $30,000 |
| Actuarial | $22,000 | $26,000 | $32,000 |
| IT | $21,000 | $25,000 | $31,000 |
| Administration | $17,000 | $21,000 | $27,000 |
Top-Paying Roles at PICC
Based on our research, these are the highest-paying positions at PICC in North Macedonia:
1. Chief Actuary
$35,000
Typical requirements: 10+ years experience, professional certifications
2. Sales Manager
$32,000
Typical requirements: 5+ years experience, proven sales record
3. Claims Manager
$30,000
Typical requirements: 7+ years experience, claims management expertise
4. IT Manager
$29,000
Typical requirements: 5+ years experience, IT management skills
5. Underwriting Manager
$28,000
Typical requirements: 8+ years experience, underwriting expertise
How PICC Salaries Compare to Market
Total Compensation Analysis
At PICC, base salary is just one component of the total compensation package. Here's what you can expect in terms of additional benefits and compensation:
Bonuses
5-10%
Annual performance bonus (% of base salary)
Equity
0-2%
Stock options/RSUs (% of annual compensation)
401(k) Match
Up to 3%
Employer match for retirement contributions
Healthcare Value
$1,000/year
Estimated value of medical, dental, vision coverage
Additional benefits at PICC include:
Salary by Experience Level
Years of experience significantly impact your earning potential at PICC. Here's how salaries typically progress based on experience:
Salary Progression by Years of Experience
Compensation Research Team
JobBridge Salary Experts
Last updated: October 26, 2023 • Data accuracy verified by our research team