HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Biochemist Average Salary in Bangladesh 2024

How much money does a person working as Biochemist make in Bangladesh?


Average Monthly Salary
56,000 BDT
( 672,000 BDT yearly)

LOW
25,800
BDT
AVERAGE
56,000
BDT
HIGH
89,000
BDT
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Biochemist in Bangladesh typically earns around 56,000 BDT. Salaries range from 25,800 BDT (lowest) to 89,000 BDT (highest).


Salary Variance

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



Biochemist Pay Scale and Salaries in Bangladesh

Median and salary distribution Bangladesh Biochemist monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/science-and-technical-services/biochemist/median-and-salary-distribution-monthly-bangladesh-biochemist.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
53,100 BDT or more
10% of people earn
46,500 to 53,100 BDT
20% of people earn
32,000 BDT or less
65% of people earn
32,000 to 46,500 BDT
Minimum Salary
25,800 BDT
Median
53,500 BDT
Maximum
89,000 BDT




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Biochemist in Bangladesh range from 25,800 BDT (starting salary) to 89,000 BDT (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 53,500 BDT, half of the professionals who work as Biochemist in Bangladesh earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Biochemist in Bangladesh earn less than 43,100 BDT, while 75% earn more. Similarly, the chart shows that 75% earn less than 61,700 BDT while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Biochemist in Bangladesh compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 32,000 BDT to 46,500 BDT. About 20% of salaries are below the 32,000 BDT mark, while 10% fall within the range of 46,500 BDT to 53,100 BDT. Only 5% of individuals have salaries exceeding 53,100 BDT.

Salary Comparison by Years of Experience / Biochemist / Bangladesh

How do experience and age affect pay?

0 - 2 Years
29,200 BDT
2 - 5 Years+34%
39,000 BDT
5 - 10 Years+48%
57,700 BDT
10 - 15 Years+22%
70,400 BDT
15 - 20 Years+9%
76,700 BDT
20+ Years+8%
83,000 BDT
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Bangladesh Biochemist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/science-and-technical-services/biochemist/salary-comparison-by-years-of-experience-monthly-bangladesh-biochemist.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Biochemist and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 29,200 BDT.

While someone with an experience level between two and five years is expected to earn 39,000 BDT, 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 57,700 BDT, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 70,400 BDT, 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 76,700 BDT, 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 83,000 BDT, 8% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Biochemist / Bangladesh

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Biochemist.

Bachelor's Degree
33,300 BDT
Master's Degree+57%
52,300 BDT
PhD+68%
87,800 BDT
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Bangladesh Biochemist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/science-and-technical-services/biochemist/salary-comparison-by-education-level-monthly-bangladesh-biochemist.jpg

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 salaries by education level for the position Biochemist in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 33,300 BDT.


Level 2: Master's Degree

At this level, the average salary becomes 52,300 BDT, 57% more than the previous level.


Level 3: PhD

At this level, the average salary becomes 87,800 BDT, 68% more than the previous level.



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 131,000 BDT to 392,000 BDT 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 to a higher-paying job. The numbers seem to support the theory. 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
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Biochemist / Bangladesh

Salary comparison by gender Bangladesh Biochemist monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/science-and-technical-services/biochemist/salary-comparison-by-gender-monthly-bangladesh-biochemist.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Biochemist in Bangladesh, the average difference between the salary of male and female employees is 21%.

Male
61,400 BDT
Female-18%
50,600 BDT
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bangladesh for all Careers

Salary comparison by gender monthly Bangladesh
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/salary-comparison-by-gender-monthly-bangladesh.jpg


Average Annual Salary Increment Percentage / Biochemist / Bangladesh

How much are annual salary increments in Bangladesh for individuals working as Biochemist? How often do employees get salary raises?

Individuals working as Biochemist in Bangladesh are likely to observe a salary increase of approximately 10% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Bangladesh Biochemist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/science-and-technical-services/biochemist/annual-salary-increment-rate-bangladesh-biochemist.jpg


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.

Bangladesh / All Professions

Annual Salary Increment Rate Bangladesh
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/annual-salary-increment-rate-bangladesh.jpg

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Biochemist / Bangladesh

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bangladesh Biochemist
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/science-and-technical-services/biochemist/annual-salary-bonus-rate-bangladesh-biochemist.jpg

56% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 44% 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
44%
No Bonus
56%

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.

Average Hourly Wage / Biochemist / Bangladesh


320 BDT per hour

The average hourly wage (pay per hour) for individuals working as Biochemist in Bangladesh is 320 BDT.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Biochemist in Bangladesh is 150 BDT. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Science and Technical Services-100%
3D Lab Technologist25,100 BDT-55%
3D Printing Specialist22,800 BDT-59%
Algorithm Developer35,000 BDT-37%
Analytical Chemist47,100 BDT-16%
Anthropologist35,400 BDT-37%
Archeologist33,600 BDT-40%
Assistant Breeder17,300 BDT-69%
Astronomer56,900 BDT+2%
Atmospheric and Space Scientist48,500 BDT-13%
Behavior Analyst33,600 BDT-40%
Behavior Intervention Specialist37,700 BDT-33%
Behavior Specialist32,200 BDT-42%
Biochemist56,000 BDT+0%
Biofuels Processing Technician22,600 BDT-60%
Biofuels Production Manager40,700 BDT-27%
Biologist58,000 BDT+4%
Biomedical Laboratory Officer21,300 BDT-62%
Biomedical Scientist54,900 BDT-2%
Biophysicist55,100 BDT-2%
Chemical Engineer25,600 BDT-54%
Chemical Technologist25,500 BDT-54%
Chemist50,200 BDT-10%
Chief Robotics Integration Officer41,600 BDT-26%
Chief Technologist50,100 BDT-11%
Climate Change Analyst37,200 BDT-34%
Clinical Laboratory Scientist55,800 BDT-0%
Computer Scientist44,200 BDT-21%
Conservation Scientist43,900 BDT-22%
Data Science Specialist34,600 BDT-38%
Data Scientist42,200 BDT-25%
DNA Analyst57,100 BDT+2%
Ecologist42,600 BDT-24%
Economic Development Specialist43,800 BDT-22%
Flavourist18,300 BDT-67%
Food Scientist35,500 BDT-37%
Forensic Scientist47,200 BDT-16%
Formulation Technologist21,700 BDT-61%
Fraud Investigator26,500 BDT-53%
Genomics Scientist54,100 BDT-3%
Geographer30,800 BDT-45%
Geographic Information Systems Technician20,000 BDT-64%
Geological Data Technician18,600 BDT-67%
Geological Technician23,000 BDT-59%
Geologist45,100 BDT-19%
Geomatics Scientist44,700 BDT-20%
Geophysical Data Technician18,300 BDT-67%
Geospatial Information Scientist and Technologist39,800 BDT-29%
Global Technical Lead60,700 BDT+8%
Hydrologist37,500 BDT-33%
Industrial Ecologist37,100 BDT-34%
Intelligence Analyst32,400 BDT-42%
Internet of Things (IoT) Architect29,500 BDT-47%
Internet of Things (IoT) Compliance Analyst31,300 BDT-44%
Internet of Things (IoT) Consultant30,700 BDT-45%
Internet of Things (IoT) Engineer26,200 BDT-53%
Internet of Things (IoT) Integration Specialist28,700 BDT-49%
Internet of Things (IoT) Logistics Analyst23,500 BDT-58%
Internet of Things (IoT) Security Analyst24,800 BDT-56%
Internet of Things (IoT) Specialist25,800 BDT-54%
Internet of Things (IoT) Technician20,100 BDT-64%
Knowledge Management Specialist26,400 BDT-53%
Lab Analyst23,400 BDT-58%
Lab Manager37,200 BDT-34%
Lab Technician16,800 BDT-70%
Laboratory Manager40,400 BDT-28%
Laboratory Researcher25,700 BDT-54%
Laboratory Technician17,100 BDT-69%
Life Sciences Analyst37,100 BDT-34%
Life Scientist43,900 BDT-22%
Marine Architect35,200 BDT-37%
Marine Biologist40,800 BDT-27%
Marine Superintendent24,200 BDT-57%
Materials Analyst25,200 BDT-55%
Materials Scientist42,700 BDT-24%
Mathematician45,900 BDT-18%
Medical Scientist56,200 BDT+0%
Metallurgist39,200 BDT-30%
Meteorologist39,900 BDT-29%
Microbiologist59,700 BDT+7%
Natural Language Processing Researcher35,500 BDT-37%
Natural Resource Specialist32,800 BDT-41%
Natural Resources Analyst36,100 BDT-36%
Natural Sciences Manager51,600 BDT-8%
Neurotechnology Specialist48,500 BDT-13%
Nuclear Engineer62,000 BDT+11%
Physical Scientist44,700 BDT-20%
Physicist52,400 BDT-6%
Political Scientist45,000 BDT-20%
Polygraph Examiner14,600 BDT-74%
Polysomnographic Technologist25,400 BDT-55%
Product Development Scientist47,300 BDT-16%
Quantitative Research Analyst37,700 BDT-33%
Quantitative Researcher38,400 BDT-31%
Quantum Algorithm Developer33,700 BDT-40%
Quantum Computing Engineer28,000 BDT-50%
Quantum Computing Ethics Officer26,900 BDT-52%
Quantum Computing Specialist31,400 BDT-44%
Radiation Protection Specialist31,600 BDT-44%
Refrigeration Technician13,500 BDT-76%
Research Scientist40,300 BDT-28%
Risk Safety Engineer26,100 BDT-53%
Robotics Architect33,400 BDT-40%
Scientific Photographer25,000 BDT-55%
Scientific Programmer36,100 BDT-36%
Scientist41,300 BDT-26%
Service Engineer25,500 BDT-54%
Service Technician17,600 BDT-69%
Social Science Research Assistant22,500 BDT-60%
Social Scientist42,400 BDT-24%
Sociologist41,600 BDT-26%
Soil Scientist35,600 BDT-36%
Statistical Analyst23,700 BDT-58%
Statistical Assistant17,600 BDT-69%
Statistician37,600 BDT-33%
Survey Analyst23,700 BDT-58%
Survey Researcher22,500 BDT-60%
Surveying and Mapping Technician15,600 BDT-72%
Team Leader34,700 BDT-38%
Technical Manager38,400 BDT-31%
Technical Officer16,300 BDT-71%
Technical Service Director50,500 BDT-10%
Technical Services Regulatory Affairs Specialist26,000 BDT-54%
Technical Services Research and Development Manager59,000 BDT+5%
Technical Services Research Associate28,700 BDT-49%
Technical Services Research Coordinator27,800 BDT-50%
Technician15,900 BDT-72%
Water Ecologist47,600 BDT-15%
Wearable Technology Developer27,400 BDT-51%
Wearables Specialist24,000 BDT-57%
Wildlife Biologist38,100 BDT-32%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bangladesh is 25% on average across all career fields.

Private Sector
23,200 BDT
Public Sector+25%
29,000 BDT
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Biochemist in Bangladesh?

A good and competitive compensation would range anywhere between 53,500 BDT and 61,700 BDT. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Biochemist in Bangladesh ranges from 25,800 BDT to 43,100 BDT. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison

©Salary Explorer 2024