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Average Salary in Bangladesh 2020

How much money does a person working in Bangladesh make?


Average Monthly Salary
57,500 BDT
( 690,000 BDT yearly)

LOW
7,790
BDT
AVERAGE
57,500
BDT
HIGH
255,000
BDT

A person working in Bangladesh typically earns around 57,500 BDT per month. Salaries range from 7,790 BDT (lowest average) to 255,000 BDT (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Bangladesh

Median and salary distribution monthly Bangladesh
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Bangladesh range from 7,790 BDT per month (minimum salary) to 255,000 BDT per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 62,100 BDT per month, which means that half (50%) of the population are earning less than 62,100 BDT while the other half are earning more than 62,100 BDT. 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 the population are earning less than 31,500 BDT while 75% of them are earning more than 31,500 BDT. Also from the diagram, 75% of the population are earning less than 171,000 BDT while 25% are earning more than 171,000 BDT.


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

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

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.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


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 Bangladesh costs anywhere from 288,000 Taka(s) to 863,000 Taka(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.



Salary Comparison By Gender

Salary comparison by gender monthly Bangladesh
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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 employees in Bangladesh earn 35% more than their female counterparts.

Female
49,000 BDT
Male+35%
66,000 BDT
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in Bangladesh

How much are annual salary increments in Bangladesh? How often do employees get salary raises?

Bangladesh

Employees in Bangladesh are likely to observe a salary increase of approximately 5% every 28 months.

Annual Salary Increment Rate Bangladesh
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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.

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 Bangladesh is 2%.

Annual Increment Rate By Industry 2019

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

Listed above are the average annual increase rates for each industry in Bangladesh 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.


Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
Mid-Career
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in Bangladesh

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bangladesh
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61% of surveyed staff in Bangladesh reported that they haven't received any bonuses or incentives in the previous year while 39% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
39%
No Bonus
61%

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.


Bonus Rates Comparison by Career Field

Finance
High
Architecture
High
Sales
High
Business Development
High
Marketing / Advertising
High
Information Technology
Moderate
Healthcare
Moderate
Insurance
Moderate
Customer Service
Moderate
Human Resources
Moderate
Construction
Low
Transport
Low
Hospitality
Low

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 Bangladesh
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Where can you get paid more, working for a private company or for the government? Public sector employees in Bangladesh earn 25% more than their private sector counterparts.

Private Sector
51,200 BDT
Public Sector+25%
63,800 BDT
Percentage increase and decrease are relative to the previous value

Salary Trend and Forecast in Bangladesh

How are Bangladesh salaries changing over time? The chart below shows the average salary change in the past few years.

Salary trends and forecast monthly Bangladesh
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Average Salary 2016
49,700 BDT
Average Salary 2017+4%
51,600 BDT
Average Salary 2018+4%
53,500 BDT
Average Salary 2019+4%
55,500 BDT
Percentage increase and decrease are relative to the previous value

Salaries in Bangladesh 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.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant40,000 BDT
Accounting Assistant39,200 BDT
Accounting Manager74,300 BDT
Bookkeeper29,900 BDT
Chartered Accountant49,500 BDT
Corporate Treasurer99,500 BDT
Financial Analyst59,700 BDT
Financial Manager114,000 BDT
Internal Auditor62,200 BDT

Administration / Reception / Secretarial
Administrative Assistant30,200 BDT
Office Manager40,900 BDT
Receptionist40,900 BDT
Secretary31,100 BDT

Advertising / Grapic Design / Events
Art Director57,400 BDT
Creative Director61,100 BDT
Graphic Designer41,100 BDT
Photographer37,800 BDT

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer61,400 BDT
Air Traffic Controller58,300 BDT
Flight Attendant50,400 BDT
Pilot68,700 BDT

Architecture
Architect52,500 BDT
CAD Drafter42,500 BDT

Automotive
Mechanic31,100 BDT
Service Advisor48,300 BDT

Banking
Bank Branch Manager84,400 BDT
Teller40,200 BDT

Bilingual
Teacher43,000 BDT
Translator49,500 BDT

Business Planning
Business Analyst70,000 BDT
Business Development Manager90,500 BDT
Project Manager67,000 BDT

Care Giving and Child Care
Nanny35,400 BDT
Nursery Teacher41,100 BDT

Construction / Building / Installation
Civil Engineer50,400 BDT
Construction Project Manager65,400 BDT
Health and Safety Officer36,200 BDT

Customer Service and Call Center
Call Center Representative38,800 BDT
Customer Service Manager78,900 BDT
Customer Service Representative42,800 BDT

Engineering
Electrical Engineer57,700 BDT
Engineer55,100 BDT
Mechanical Engineer58,000 BDT

Executive and Management
Chief Executive Officer133,000 BDT
Chief Financial Officer116,000 BDT
General Manager105,000 BDT

Food / Hospitality / Tourism / Catering
Chef46,100 BDT
Executive Chef51,500 BDT
Hotel Manager89,700 BDT
Travel Agent49,300 BDT
Waiter / Waitress33,500 BDT

Health and Medical
Dentist136,000 BDT
Dietitian128,000 BDT
Laboratory Technician44,600 BDT
Nurse47,000 BDT

Human Resources
Human Resources Manager77,800 BDT
Human Resources Officer49,400 BDT

Information Technology
Computer Technician46,000 BDT
Database Administrator56,800 BDT
Developer / Programmer53,400 BDT
Information Technology Manager83,500 BDT
Network Engineer48,400 BDT

Law Enforcement / Security / Fire
Police Officer47,100 BDT

Legal
Attorney82,700 BDT
Legal Assistant41,700 BDT

Media / Broadcasting / Arts / Entertainment
Journalist58,800 BDT

Pharmaceutical and Biotechnology
Biomedical Engineer51,000 BDT
Pharmacist67,400 BDT

Sales Retail and Wholesale
Cashier32,600 BDT
Sales Manager89,700 BDT
Sales Representative38,000 BDT

Teaching / Education
Elementary School Teacher38,800 BDT
Secondary School Teacher48,700 BDT

Average Hourly Wage in Bangladesh


330 BDT per hour

The average hourly wage (pay per hour) in Bangladesh is 330 BDT. This means that the average person in Bangladesh earns approximately 330 BDT 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.

Salary Comparison By City

CityAverage Salary
Barisal57,400 BDT
Bogra60,300 BDT
Chandpur52,800 BDT
Chittagong63,300 BDT
Coxs Bazar55,200 BDT
Dhaka64,300 BDT
Jamalpur54,100 BDT
Jessore56,600 BDT
Khulna61,200 BDT
Rajshahi62,500 BDT
St. Martin51,700 BDT
Sylhet59,100 BDT
49635 - 637

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