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Business Development Manager Average Salary in Italy 2020

How much money does a Business Development Manager make in Italy?


Average Monthly Salary
5,660 EUR
( 67,900 EUR yearly)

LOW
2,600
EUR
AVERAGE
5,660
EUR
HIGH
8,990
EUR

A person working as a Business Development Manager in Italy typically earns around 5,660 EUR per month. Salaries range from 2,600 EUR (lowest) to 8,990 EUR (highest).

This is the average monthly salary including housing, transport, and other benefits. Business Development Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Business Development Manager Salary Distribution in Italy

Median and salary distribution monthly Italy Business Development Manager
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The median, the maximum, the minimum, and the range

  • Salary Range

    Business Development Manager salaries in Italy range from 2,600 EUR per month (minimum salary) to 8,990 EUR per month (maximum salary).

  • Median Salary

    The median salary is 6,110 EUR per month, which means that half (50%) of people working as Business Development Manager(s) are earning less than 6,110 EUR while the other half are earning more than 6,110 EUR. 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

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Business Development Manager(s) are earning less than 3,920 EUR while 75% of them are earning more than 3,920 EUR. Also from the diagram, 75% of Business Development Manager(s) are earning less than 8,160 EUR while 25% are earning more than 8,160 EUR.


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

Business Development Manager Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Italy Business Development Manager
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Business Development Manager salaries by experience level and this is what we found.

A Business Development Manager with less than two years of experience makes approximately 2,950 EUR per month.

While someone with an experience level between two and five years is expected to earn 3,940 EUR per month, 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 5,830 EUR per month, 48% more than someone with two to five years of experience.

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.

Additionally, Business Development Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 7,110 EUR per month, 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 7,750 EUR per month, 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 8,390 EUR per month, 8% more than people with fifteen to twenty years of experience.


Business Development Manager average salary change by experience in Italy

0 - 2 Years
2,950 EUR
2 - 5 Years+34%
3,940 EUR
5 - 10 Years+48%
5,830 EUR
10 - 15 Years+22%
7,110 EUR
15 - 20 Years+9%
7,750 EUR
20+ Years+8%
8,390 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Business Development Manager Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Business Development Manager(s) who have the same experience but different education levels.

Salary comparison by education level monthly Italy Business Development Manager
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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 Business Development Manager salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Business Development Manager is 3,630 EUR per month.

While someone with a Certificate or Diploma gets a salary of 4,260 EUR per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 6,180 EUR per month, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 8,100 EUR per month, 31% more than someone with Bachelor's Degree.


Business Development Manager average salary difference by education level in Italy

High School
3,630 EUR
Certificate or Diploma+18%
4,260 EUR
Bachelor's Degree+45%
6,180 EUR
Master's Degree+31%
8,100 EUR
Percentage increase and decrease are relative to the previous value

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 Italy costs anywhere from 18,400 Euro(s) to 55,200 Euro(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 the thoery. 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 Comparison By Education Level
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Business Development Manager Salary Comparison By Gender

Salary comparison by gender monthly Italy Business Development Manager
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Business Development Manager employees in Italy earn 9% more than their female counterparts.

Female
5,400 EUR
Male+9%
5,910 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Italy for all Careers

Salary comparison by gender monthly Italy
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Business Development Manager Average Annual Salary Increment Percentage in Italy

How much are annual salary increments in Italy for Business Development Manager(s)? How often do employees get salary raises?

Business Development Manager

Business Development Manager(s) in Italy are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.

Annual Salary Increment Rate Italy Business Development Manager
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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.

Italy / All Professions

Annual Salary Increment Rate Italy
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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 Italy is 6%.

Annual Increment Rate By Industry 2019

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Listed above are the average annual increase rates for each industry in Italy for the year 2019. 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

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Business Development Manager Bonus and Incentive Rates in Italy

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Italy Business Development Manager
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A Business Development Manager is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

14% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 86% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
86%
No Bonus
14%

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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Italy
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Where can you get paid more, working for a private company or for the government? Public sector Business Development Manager employees in Italy earn 5% more than their private sector counterparts.

Private Sector
3,570 EUR
Public Sector+5%
3,770 EUR
Percentage increase and decrease are relative to the previous value

Business Development Manager Salary Trend and Forecast in Italy

How are Business Development Manager salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Italy Business Development Manager
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Average Salary 2016
4,890 EUR
Average Salary 2017+4%
5,070 EUR
Average Salary 2018+4%
5,260 EUR
Average Salary 2019+4%
5,450 EUR
Percentage increase and decrease are relative to the previous value

Business Development Manager salaries in Italy are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Business Development Manager Average Hourly Wage in Italy


33 EUR per hour

The average hourly wage (pay per hour) in Italy is 33 EUR. This means that the average Business Development Manager in Italy earns approximately 33 EUR for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

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.

Business Development Manager VS Other Jobs

Salary Comparison Between Business Development Manager and Business Planning monthly Italy
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The average salary for Business Development Manager is 36% more than that of Business Planning. Also, Business Planning salaries are 13% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Business Development Manager4,200 EUR-26%
Assistant Merchandise Planner3,860 EUR-32%
Business Advisor4,500 EUR-20%
Business Analyst4,520 EUR-20%
Business Consultant4,640 EUR-18%
Business Continuity Associate4,060 EUR-28%
Business Development Associate3,710 EUR-34%
Business Development Coordinator3,660 EUR-35%
Business Development Manager5,660 EUR+0%
Business Development Specialist4,630 EUR-18%
Business Operations Specialist4,430 EUR-22%
Business Process Writer4,020 EUR-29%
Capacity Planner4,110 EUR-27%
Capacity Planning Supervisor4,520 EUR-20%
Change Communications Analyst4,290 EUR-24%
Change Control Analyst4,410 EUR-22%
Contracts Executive4,620 EUR-18%
Corporate Strategy Analyst4,550 EUR-20%
Cost Control Engineer4,150 EUR-27%
Cost Estimator3,330 EUR-41%
Data Executive3,730 EUR-34%
Development Researcher3,380 EUR-40%
Due Diligence Analyst5,020 EUR-11%
Estimating Manager5,220 EUR-8%
General Manager5,510 EUR-3%
Incident Handler4,070 EUR-28%
Incident Specialist4,230 EUR-25%
Lean Consultant3,890 EUR-31%
Manager5,940 EUR+5%
Materials Planner3,190 EUR-44%
Merchandise Controller3,030 EUR-46%
Merchandise Planner3,100 EUR-45%
Operations Analyst3,600 EUR-36%
Operations Research Analyst3,840 EUR-32%
Planning and Reporting Manager4,430 EUR-22%
Planning Director6,390 EUR+13%
Project Administrator3,810 EUR-33%
Project Manager4,280 EUR-24%
Project Planner3,800 EUR-33%
Research Assistant3,730 EUR-34%
Research Engineer3,740 EUR-34%
Research Officer3,490 EUR-38%
Risk Management Specialist4,590 EUR-19%
Scholarship Coordinator3,500 EUR-38%
Store Planner4,000 EUR-29%
Strategy Director6,170 EUR+9%
Top Research and Development Executive6,660 EUR+18%

Salary Comparison By City

CityAverage Salary
Bologna5,690 EUR
Catania5,280 EUR
Genova5,530 EUR
Milano5,990 EUR
Napoli6,180 EUR
Palermo5,930 EUR
Parma5,270 EUR
Rome6,420 EUR
Torino5,760 EUR
Trieste5,410 EUR
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