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Business Development Manager Average Salary in Zambia 2024

How much money does a person working as Business Development Manager make in Zambia?


Average Monthly Salary
9,530 ZMK
( 114,000 ZMK yearly)

LOW
4,380
ZMK
AVERAGE
9,530
ZMK
HIGH
15,100
ZMK
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 Business Development Manager in Zambia typically earns around 9,530 ZMK. Salaries range from 4,380 ZMK (lowest) to 15,100 ZMK (highest).


Salary Variance

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



Business Development Manager Pay Scale and Salaries in Zambia

Median and salary distribution Zambia Business Development Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
9,040 ZMK or more
10% of people earn
7,920 to 9,040 ZMK
20% of people earn
5,450 ZMK or less
65% of people earn
5,450 to 7,920 ZMK
Minimum Salary
4,380 ZMK
Median
9,100 ZMK
Maximum
15,100 ZMK




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 Business Development Manager in Zambia range from 4,380 ZMK (starting salary) to 15,100 ZMK (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 9,100 ZMK, half of the professionals who work as Business Development Manager in Zambia 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 Business Development Manager in Zambia earn less than 7,340 ZMK, while 75% earn more. Similarly, the chart shows that 75% earn less than 10,500 ZMK 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 Business Development Manager in Zambia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,450 ZMK to 7,920 ZMK. About 20% of salaries are below the 5,450 ZMK mark, while 10% fall within the range of 7,920 ZMK to 9,040 ZMK. Only 5% of individuals have salaries exceeding 9,040 ZMK.

Salary Comparison by Years of Experience / Business Development Manager / Zambia

How do experience and age affect pay?

0 - 2 Years
4,970 ZMK
2 - 5 Years+34%
6,640 ZMK
5 - 10 Years+48%
9,820 ZMK
10 - 15 Years+22%
12,000 ZMK
15 - 20 Years+9%
13,000 ZMK
20+ Years+8%
14,100 ZMK
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Zambia 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 the wage. We broke down salaries by experience level for people working as Business Development Manager 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 4,970 ZMK.

While someone with an experience level between two and five years is expected to earn 6,640 ZMK, 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 9,820 ZMK, 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 12,000 ZMK, 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 13,000 ZMK, 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 14,100 ZMK, 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
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Salary Comparison By Education / Business Development Manager / Zambia

How do education levels affect salaries?

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

High School
6,100 ZMK
Certificate or Diploma+18%
7,180 ZMK
Bachelor's Degree+45%
10,400 ZMK
Master's Degree+31%
13,600 ZMK
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Zambia 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 salaries by education level for the position Business Development Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 6,100 ZMK.


Level 2: Certificate or Diploma

At this level, the average salary becomes 7,180 ZMK, 18% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 10,400 ZMK, 45% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 13,600 ZMK, 31% 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 Zambia costs anywhere from 30,100 ZMK to 90,300 ZMK 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
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Salary and Compensation Comparison By Gender / Business Development Manager / Zambia

Salary comparison by gender Zambia Business Development Manager monthly
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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? For the people who work as Business Development Manager in Zambia, the average difference between the salary of male and female employees is 17%.

Male
10,300 ZMK
Female-14%
8,790 ZMK
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Zambia for all Careers

Salary comparison by gender monthly Zambia
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Average Annual Salary Increment Percentage / Business Development Manager / Zambia

How much are annual salary increments in Zambia for individuals working as Business Development Manager? How often do employees get salary raises?

Individuals working as Business Development Manager in Zambia are likely to observe a salary increase of approximately 11% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Zambia 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.

Zambia / All Professions

Annual Salary Increment Rate Zambia
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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 Zambia is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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 / Business Development Manager / Zambia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Zambia Business Development Manager
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32% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 68% 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
68%
No Bonus
32%

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 / Business Development Manager / Zambia


55 ZMK per hour

The average hourly wage (pay per hour) for individuals working as Business Development Manager in Zambia is 55 ZMK.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 Business Development Manager in Zambia is 25 ZMK. 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
Business Planning-100%
Agile Coach6,740 ZMK-29%
Assistant Business Development Manager7,830 ZMK-18%
Assistant Merchandise Planner4,760 ZMK-50%
Business Advisor7,640 ZMK-20%
Business Analyst7,110 ZMK-25%
Business Consultant7,230 ZMK-24%
Business Continuity Associate4,580 ZMK-52%
Business Developer4,850 ZMK-49%
Business Development Analyst5,360 ZMK-44%
Business Development Associate3,920 ZMK-59%
Business Development Coordinator4,090 ZMK-57%
Business Development Director10,900 ZMK+14%
Business Development Engineer5,710 ZMK-40%
Business Development Executive7,790 ZMK-18%
Business Development Manager9,530 ZMK+0%
Business Development Specialist7,230 ZMK-24%
Business Manager8,500 ZMK-11%
Business Operations Specialist7,250 ZMK-24%
Business Process Writer4,420 ZMK-54%
Business Systems Analyst7,660 ZMK-20%
Capacity Planner5,110 ZMK-46%
Capacity Planning Supervisor7,120 ZMK-25%
Change Communications Analyst7,150 ZMK-25%
Change Control Analyst6,910 ZMK-27%
Change Impact Analyst7,280 ZMK-24%
Chief Automation Officer8,790 ZMK-8%
Chief Innovation Officer9,700 ZMK+2%
Contracts Executive7,460 ZMK-22%
Corporate Strategy Analyst7,610 ZMK-20%
Cost Control Engineer4,780 ZMK-50%
Cost Controller5,640 ZMK-41%
Cost Estimator5,050 ZMK-47%
Crisis Management Specialist7,960 ZMK-16%
Data Executive3,960 ZMK-58%
Data Manager5,560 ZMK-42%
Data Processing Manager6,620 ZMK-31%
Development Researcher5,680 ZMK-40%
Digital Strategist7,650 ZMK-20%
Digital Transformation Manager7,900 ZMK-17%
Director of Business Development10,900 ZMK+14%
Director of Production Planning9,310 ZMK-2%
Drop Shipping Consultant6,590 ZMK-31%
Due Diligence Analyst7,990 ZMK-16%
Estimating Manager7,720 ZMK-19%
General Manager9,160 ZMK-4%
Growth Hacker5,720 ZMK-40%
Impact Assessment Specialist6,490 ZMK-32%
Impact Investing Analyst6,770 ZMK-29%
Incident Handler5,100 ZMK-46%
Incident Specialist6,530 ZMK-31%
Lean Consultant5,560 ZMK-42%
Manager9,600 ZMK+1%
Marketing and Business Development Manager8,910 ZMK-6%
Materials Planner3,250 ZMK-66%
Merchandise Assistant3,090 ZMK-68%
Merchandise Controller3,220 ZMK-66%
Merchandise Planner3,390 ZMK-64%
Online Consultant5,890 ZMK-38%
Online Reputation Manager5,670 ZMK-40%
Operations Analyst6,550 ZMK-31%
Operations Manager7,420 ZMK-22%
Operations Research Analyst4,480 ZMK-53%
Planning and Reporting Manager8,100 ZMK-15%
Planning Director9,560 ZMK+0%
Product Designer5,440 ZMK-43%
Product Manager5,990 ZMK-37%
Project Administrator4,860 ZMK-49%
Project Manager7,880 ZMK-17%
Project Planner4,550 ZMK-52%
Research Assistant4,110 ZMK-57%
Research Engineer4,630 ZMK-51%
Research Officer3,790 ZMK-60%
Risk Management Specialist7,060 ZMK-26%
Scholarship Coordinator3,570 ZMK-63%
Store Planner3,750 ZMK-61%
Strategy Director9,680 ZMK+2%
Top Research and Development Executive10,900 ZMK+14%

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 Zambia is 17% on average across all career fields.

Private Sector
5,600 ZMK
Public Sector+17%
6,560 ZMK
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 Business Development Manager in Zambia?

A good and competitive compensation would range anywhere between 9,100 ZMK and 10,500 ZMK. 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 Business Development Manager in Zambia ranges from 4,380 ZMK to 7,340 ZMK. 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


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