Business Development Coordinator Salary
Business Development Coordinator Salary – A person working as a Business Development Coordinator in Belarus usually earns around 2, 130 BYN per month. Salaries range from 1,000 BYN (lowest) to 3,370 BYN (highest).
This is the average monthly salary plus housing, transportation, and other benefits. Business Development Coordinator salaries vary greatly based on experience, skills, gender, or location. Below you will find a detailed breakdown based on several different criteria.
Business Development Coordinator Salary
Both indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is less than both, then many people earn more than you and there is a lot of room for improvement. If your salary is between the average and the median, then things can get a little complicated. We have written a guide to explain everything about the different situations. How to compare your salary
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Experience level is the most important factor in determining salary. Naturally the more years of experience the higher your salary. We broke down Business Development Coordinator salaries by experience level and here’s what we found.
While someone with an experience level between two and five years is expected to earn 1,590 BYN per month, 38% more than someone with less than two years of experience.
Moving forward, an experience level between five and ten years will earn a salary of 2,270 BYN per month, 42% more than someone with two to five years of experience.
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“ On average, a person’s salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
Additionally, Business Development Coordinator(s) whose expertise spans anywhere between ten and fifteen years earns a salary equal to 2,770 BYN per month, 22% more than someone with five to ten years experience.
If the level of experience is between fifteen and twenty years, then the expected salary is 2,920 BYN per month, 6% more than someone with ten to fifteen years of experience.
Finally, employees with more than twenty years of professional experience earn a salary of 3,180 BYN per month, 9% more than people with fifteen to twenty years of experience.
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Business Development Coordinator Salary Comparison By Education How does education level affect salaries? Shown below is the average salary difference between different Business Development Coordinator(s) with the same experience but different education levels.
We all know that a higher education equals a bigger salary, but how much money can a degree add to your income? We’ve broken down Business Development Coordinator salaries by education level to make a comparison.
When the education level is High School, the average salary of a Business Development Coordinator is 1,430 BYN per month.
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While a person with a Certificate or Diploma gets a salary of 1,670 BYN per month, 17% more than someone with a High School degree.
A Bachelor’s Degree earns its holder an average salary of 2,420 BYN per month, 45% more than someone with a Certificate or Diploma.
Professionals with a Master’s Degree are rewarded with an average salary of 3,180 BYN per month, 31% more than someone with a Bachelor’s Degree.
A Master’s degree program or any post-graduate program in Belarus costs anywhere from 14,700 Belarussian Ruble(s) to 44,000 Belarussian Ruble(s) and takes about two years. That’s quite an investment.
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You can’t really expect any salary increase during your studies, assuming you already have a job. In most cases, the salary review is conducted once the education is completed and the degree is earned.
Many people pursue higher education as a tactic to move into a higher paying job. The numbers seem to support thoery. The average increase in compensation while changing jobs is about 10% more than the average salary increase.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should recoup the costs in about a year or so.
Although gender should not have an effect on salary, in reality, it does. So who gets paid more: men or women? Male Business Development Coordinator employees in Belarus earn 7% more than their female counterparts on average.
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Business Development Coordinator Average Annual Salary Increment Percentage in Belarus How much are annual salary increases in Belarus for Business Development Coordinator(s)? How often do employees get pay raises? Business Development Coordinator
Business Development Coordinator(s) in Belarus are likely to see a salary increase of around 12% every 17 months. The national average annual increase for all professions combined is 8% given to employees every 19 months.
The figures given here are average numbers. Those numbers should be taken as general guidelines. Salary increases will vary from person to person and depend on many factors, but your performance and contribution to the organization’s success remain the most important factors in determining how much and how often you will be given a raise.
The term ‘Annual Salary Increase’ usually refers to the increase over 12 calendar months, but as people rarely have their salaries checked exactly at the one year mark, it is more meaningful to know the frequency and the rate at it’s that time. of increase.
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The annual Salary Increase in a calendar year (12 months) is easily calculated as follows: Annual Salary Increase = Rate of Increase x 12 ÷ Increase Frequency
Listed above are the average annual raise rates for each industry in Belarus for the year 2021. Companies within developing industries tend to give higher and more frequent raises. Exceptions exist, but in general, the situation of any company is closely related to the economic situation in the country or region. These figures change frequently.
Bonus and Incentive Rate of Business Development Coordinator in BelarusHow much and how often are bonuses awarded? Share This Chart TweetGet Chart Linkhttp:///charts/belarus/business-planning/business-development-coordinator/annual-salary-bonus-rate- belarus-business-development-coordinator.jpg The Business Development Coordinator is considered a high bonus-based job due to generally limited involvement in direct income generation, with exceptions of course. People who get the highest bonuses are usually involved in the revenue generation cycle. 21% of surveyed staff reported that they had not received any bonuses or incentives in the past year while 79% said they had received at least one form of monetary bonus. Those who earned bonuses reported rates ranging from 5% to 9% of their annual salary.Received a Bonus79%No Bonus21%Types of Bonuses Considered Individual Performance-Based Bonuses The most common form of bonus if where the employee is awarded based on their outstanding performance. Company Performance Bonuses From time to time, some companies like to celebrate excess profits and profits with their staff together in the form of bonuses given to everyone. The amount of the bonus will likely vary from person to person depending on their role within the organization. Goal-Based Bonuses Given upon achieving an important goal or milestone. Holiday / End of Year Bonuses These types of bonuses are given for no reason and often resemble a token of appreciation. Bonuses Are Not Commissions! People tend to confuse bonuses with commissions. A commission is a prefixed rate at which a person 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 high salaries? The main two types of jobs are Revenue Generators Supporting Cast Employees who are directly involved in generating income or revenue for the organization. Their area of expertise usually matches the type of business. Employees who support and facilitate the work of income producers. Their expertise is usually different from core business operations. Example: A graphics designer working for a graphics design company. Example: A graphic designer in the marketing department of a hospital. Income generators often get higher and higher bonuses, higher salaries, and more frequent pay raises. The reason is quite simple: it is easier to quantify your value to the company in financial terms when you participate in generating income.“ Try to work for companies where your skills can generate income. Not all of us can generate income and that’s okay.” Bonus Comparison by Seniority Level Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is quite predictable given the inherent responsibilities of being higher up in the hierarchy. People in top positions can easily get double or triple bonus rates than employees at the bottom of the pyramid.
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The average hourly wage (hourly pay) in Belarus is 12 BYN. This means that the average Business Development Coordinator in Belarus earns around 12
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