Home > Salary > Kuwait > Rate Technician
A rate technician is responsible for analyzing and evaluating data related to rates and pricing in various industries. They work closely with sales teams, finance departments, and market research analysts to determine the most appropriate pricing strategies for products or services. Rate technicians conduct market research to identify industry trends, competitor pricing, and customer preferences to help inform pricing decisions. They also develop pricing models and strategies based on cost analysis, profitability goals, and market demand. Additionally, rate technicians monitor and evaluate the effectiveness of pricing strategies, making adjustments as needed to optimize profitability. This occupation requires strong analytical skills, attention to detail, and proficiency in data analysis tools and software.
Estimated Yearly Salary: 38,362 KWD
Estimated Monthly Salary: 3,197 KWD
Estimated Weekly Salary: 738 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,088 KWD
Estimated Weekly Salary: 713 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Last revision of data: 2024-02-08
Estimated Yearly Salary: 12,812 USD
Estimated Monthly Salary: 1,068 USD
Estimated Weekly Salary: 246 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 38,362 KWD
Estimated Monthly Salary: 3,197 KWD
Estimated Weekly Salary: 738 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Our data indicates that by working as Rate Technician you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Rate Technician
Last revision of data: 2025-01-04
Data as of 2025
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Rate Technician salary in Kuwait
Average Yearly Salary of Rate Technician in Kuwait is approximately 38,362 KWD (12,812 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Rate Technician do?
A rate technician is responsible for analyzing and evaluating data related to rates and pricing in various industries. They work closely with sales teams, finance departments, and market research analysts to determine the most appropriate pricing strategies for products or services. Rate technicians conduct market research to identify industry trends, competitor pricing, and customer preferences to help inform pricing decisions. They also develop pricing models and strategies based on cost analysis, profitability goals, and market demand. Additionally, rate technicians monitor and evaluate the effectiveness of pricing strategies, making adjustments as needed to optimize profitability. This occupation requires strong analytical skills, attention to detail, and proficiency in data analysis tools and software.
Skills: rate technician, pricing analysis, market research, data analysis, pricing strategies, profitability optimization
Job industry: Automotive
Job industry: Automotive
How much does Rate Technician make?
Salary details
How much does Rate Technician make?Estimated Yearly Salary: 38,362 KWD
Estimated Monthly Salary: 3,197 KWD
Estimated Weekly Salary: 738 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 37,060 KWDEstimated Monthly Salary: 3,088 KWD
Estimated Weekly Salary: 713 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Last revision of data: 2024-02-08Rate Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,812 USD
Estimated Monthly Salary: 1,068 USD
Estimated Weekly Salary: 246 USD per week
Estimated Hourly Salary: 6 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Rate Technician job salary compared to average salary in Kuwait.
Comparison shows that a person working as Rate Technician in Kuwait earns on average:
3.12 times the average salary (or 312% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Rate Technician job salary compared to average salary in Kuwait.
Comparison shows that a person working as Rate Technician in Kuwait earns on average:
3.12 times the average salary (or 312% of average salary).
Is Rate Technician a well paid job?
Yes, our data show that Rate Technician is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Rate Technician?
High salary for Rate Technician would be somewhere between 42,198 KWD and 55,625 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Rate Technician in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 38,362 KWD
Estimated Monthly Salary: 3,197 KWD
Estimated Weekly Salary: 738 KWD per week
Estimated Hourly Salary: 18 KWD per hour
Our data indicates that by working as Rate Technician you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Rate Technician
Saudi Arabia is 26,495 USD
Iraq is 5,765 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Corporate sous chef (37,856 KWD per year, pre-tax.)
Cancer registry manager (46,956 KWD per year, pre-tax.)
Waiver service provider (20,020 KWD per year, pre-tax.)
Armored car guard driver (24,764 KWD per year, pre-tax.)
Tanker driver (27,664 KWD per year, pre-tax.)
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