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Business Development Manager Average Salary in Oman 2021

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


Average Monthly Salary
2,830 OMR
( 34,000 OMR yearly)

LOW
1,300
OMR
AVERAGE
2,830
OMR
HIGH
4,500
OMR

A person working as a Business Development Manager in Oman typically earns around 2,830 OMR per month. Salaries range from 1,300 OMR (lowest) to 4,500 OMR (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 Oman

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

  • Salary Range

    Business Development Manager salaries in Oman range from 1,300 OMR per month (minimum salary) to 4,500 OMR per month (maximum salary).

  • Median Salary

    The median salary is 3,060 OMR per month, which means that half (50%) of people working as Business Development Manager(s) are earning less than 3,060 OMR while the other half are earning more than 3,060 OMR. 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 1,960 OMR while 75% of them are earning more than 1,960 OMR. Also from the diagram, 75% of Business Development Manager(s) are earning less than 4,080 OMR while 25% are earning more than 4,080 OMR.


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 Oman 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 1,480 OMR per month.

While someone with an experience level between two and five years is expected to earn 1,970 OMR per month, 33% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 2,920 OMR 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 3,560 OMR 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 3,880 OMR 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 4,200 OMR per month, 8% more than people with fifteen to twenty years of experience.


Business Development Manager average salary change by experience in Oman

0 - 2 Years
1,480 OMR
2 - 5 Years+33%
1,970 OMR
5 - 10 Years+48%
2,920 OMR
10 - 15 Years+22%
3,560 OMR
15 - 20 Years+9%
3,880 OMR
20+ Years+8%
4,200 OMR
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 Oman 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 1,810 OMR per month.

While someone with a Certificate or Diploma gets a salary of 2,130 OMR per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 3,090 OMR 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 4,050 OMR per month, 31% more than someone with Bachelor's Degree.


Business Development Manager average salary difference by education level in Oman

High School
1,810 OMR
Certificate or Diploma+18%
2,130 OMR
Bachelor's Degree+45%
3,090 OMR
Master's Degree+31%
4,050 OMR
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 Oman costs anywhere from 8,850 Rial Omani(s) to 26,500 Rial Omani(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 Oman 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 Oman earn 19% more than their female counterparts on average.

Male
3,080 OMR
Female-16%
2,580 OMR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Oman for all Careers

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

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

Business Development Manager

Business Development Manager(s) in Oman are likely to observe a salary increase of approximately 13% every 19 months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.

Annual Salary Increment Rate Oman 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.

Oman / 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 Oman is 4%.

Annual Increment Rate By Industry 2020

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Oman for the year 2020. 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 Oman

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Oman 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.

17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% 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
83%
No Bonus
17%

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.

Business Development Manager Average Hourly Wage in Oman


16 OMR per hour

The average hourly wage (pay per hour) in Oman is 16 OMR. This means that the average Business Development Manager in Oman earns approximately 16 OMR 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 Oman
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The average salary for Business Development Manager is 50% more than that of Business Planning. Also, Business Planning salaries are 6% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Business Development Manager2,290 OMR-19%
Assistant Merchandise Planner1,350 OMR-52%
Business Advisor2,270 OMR-20%
Business Analyst2,160 OMR-24%
Business Consultant2,030 OMR-28%
Business Continuity Associate1,240 OMR-56%
Business Development Associate1,110 OMR-61%
Business Development Coordinator1,200 OMR-58%
Business Development Manager2,830 OMR=
Business Development Specialist1,960 OMR-31%
Business Operations Specialist2,070 OMR-27%
Business Process Writer1,270 OMR-55%
Capacity Planner1,500 OMR-47%
Capacity Planning Supervisor1,920 OMR-32%
Change Communications Analyst1,960 OMR-31%
Change Control Analyst1,930 OMR-32%
Contracts Executive2,140 OMR-24%
Corporate Strategy Analyst2,160 OMR-24%
Cost Control Engineer1,350 OMR-52%
Cost Estimator1,380 OMR-51%
Data Executive1,070 OMR-62%
Development Researcher1,610 OMR-43%
Due Diligence Analyst2,380 OMR-16%
Estimating Manager2,360 OMR-17%
General Manager2,600 OMR-8%
Incident Handler1,430 OMR-49%
Incident Specialist1,870 OMR-34%
Lean Consultant1,560 OMR-45%
Manager2,940 OMR+4%
Materials Planner920 OMR-67%
Merchandise Controller870 OMR-69%
Merchandise Planner980 OMR-65%
Operations Analyst1,910 OMR-33%
Operations Research Analyst1,320 OMR-53%
Planning and Reporting Manager2,400 OMR-15%
Planning Director2,810 OMR-1%
Project Administrator1,380 OMR-51%
Project Manager2,140 OMR-24%
Project Planner1,400 OMR-51%
Research Assistant1,160 OMR-59%
Research Engineer1,360 OMR-52%
Research Officer1,080 OMR-62%
Risk Management Specialist1,990 OMR-30%
Scholarship Coordinator1,090 OMR-61%
Store Planner1,080 OMR-62%
Strategy Director2,800 OMR-1%
Top Research and Development Executive3,210 OMR+13%

Salary Comparison By City

CityAverage Salary
Muscat2,930 OMR
Salalah2,930 OMR

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 Oman earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
1,700 OMR
Public Sector+7%
1,820 OMR
Percentage increase and decrease are relative to the previous value

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