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Advertising Strategic Planner Average Salary in Bosnia and Herzegovina 2023

How much money does an Advertising Strategic Planner make in Bosnia and Herzegovina?


Average Monthly Salary
2,380 BAM
( 28,500 BAM yearly)

LOW
1,090
BAM
AVERAGE
2,380
BAM
HIGH
3,780
BAM

A person working as an Advertising Strategic Planner in Bosnia and Herzegovina typically earns around 2,380 BAM per month. Salaries range from 1,090 BAM (lowest) to 3,780 BAM (highest).

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

Advertising Strategic Planner Salary Distribution in Bosnia and Herzegovina

Median and salary distribution monthly Bosnia and Herzegovina Advertising Strategic Planner
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The median, the maximum, the minimum, and the range

  • Salary Range

    Advertising Strategic Planner salaries in Bosnia and Herzegovina range from 1,090 BAM per month (minimum salary) to 3,780 BAM per month (maximum salary).

  • Median Salary

    The median salary is 2,570 BAM per month, which means that half (50%) of people working as Advertising Strategic Planner(s) are earning less than 2,570 BAM while the other half are earning more than 2,570 BAM. 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 Advertising Strategic Planner(s) are earning less than 1,650 BAM while 75% of them are earning more than 1,650 BAM. Also from the diagram, 75% of Advertising Strategic Planner(s) are earning less than 3,430 BAM while 25% are earning more than 3,430 BAM.


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

Advertising Strategic Planner Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Bosnia and Herzegovina Advertising Strategic Planner
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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 Advertising Strategic Planner salaries by experience level and this is what we found.

An Advertising Strategic Planner with less than two years of experience makes approximately 1,240 BAM per month.

While someone with an experience level between two and five years is expected to earn 1,660 BAM 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 2,450 BAM 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, Advertising Strategic Planner(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,990 BAM 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 3,250 BAM 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 3,520 BAM per month, 8% more than people with fifteen to twenty years of experience.


Advertising Strategic Planner average salary change by experience in Bosnia and Herzegovina

0 - 2 Years
1,240 BAM
2 - 5 Years+34%
1,660 BAM
5 - 10 Years+48%
2,450 BAM
10 - 15 Years+22%
2,990 BAM
15 - 20 Years+9%
3,250 BAM
20+ Years+8%
3,520 BAM
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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Advertising Strategic Planner Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Advertising Strategic Planner(s) who have the same experience but different education levels.

Salary comparison by education level monthly Bosnia and Herzegovina Advertising Strategic Planner
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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 Advertising Strategic Planner salaries by education level in order to make a comparison.

When the education level is High School, the average salary of an Advertising Strategic Planner is 1,520 BAM per month.

While someone with a Certificate or Diploma gets a salary of 1,790 BAM per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 2,600 BAM 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 3,400 BAM per month, 31% more than someone with Bachelor's Degree.


Advertising Strategic Planner average salary difference by education level in Bosnia and Herzegovina

High School
1,520 BAM
Certificate or Diploma+18%
1,790 BAM
Bachelor's Degree+45%
2,600 BAM
Master's Degree+31%
3,400 BAM
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 Bosnia and Herzegovina costs anywhere from 11,500 Convertible Marks(s) to 34,500 Convertible Marks(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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Advertising Strategic Planner Salary Comparison By Gender

Salary comparison by gender monthly Bosnia and Herzegovina Advertising Strategic Planner
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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 Advertising Strategic Planner employees in Bosnia and Herzegovina earn 11% more than their female counterparts on average.

Male
2,500 BAM
Female-10%
2,260 BAM
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Bosnia and Herzegovina for all Careers

Salary comparison by gender monthly Bosnia and Herzegovina
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Advertising Strategic Planner Average Annual Salary Increment Percentage in Bosnia and Herzegovina

How much are annual salary increments in Bosnia and Herzegovina for Advertising Strategic Planner(s)? How often do employees get salary raises?

Advertising Strategic Planner

Advertising Strategic Planner(s) in Bosnia and Herzegovina are likely to observe a salary increase of approximately 7% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Bosnia and Herzegovina Advertising Strategic Planner
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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.

Bosnia and Herzegovina / 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 Bosnia and Herzegovina is 2%.

Annual Increment Rate By Industry 2022

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 Bosnia and Herzegovina for the year 2022. 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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Advertising Strategic Planner Bonus and Incentive Rates in Bosnia and Herzegovina

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Bosnia and Herzegovina Advertising Strategic Planner
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An Advertising Strategic Planner 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.

34% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 66% 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
66%
No Bonus
34%

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.

Advertising Strategic Planner Average Hourly Wage in Bosnia and Herzegovina


14 BAM per hour

The average hourly wage (pay per hour) in Bosnia and Herzegovina is 14 BAM. This means that the average Advertising Strategic Planner in Bosnia and Herzegovina earns approximately 14 BAM 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.

Advertising Strategic Planner VS Other Jobs

Salary Comparison Between Advertising Strategic Planner and Advertising / Grapic Design / Events monthly Bosnia and Herzegovina
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The average salary for Advertising Strategic Planner is 10% more than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Advertising Account Executive2,520 BAM+6%
Advertising Account Manager2,940 BAM+24%
Advertising Account Planner1,410 BAM-41%
Advertising Coordinator1,810 BAM-24%
Advertising Manager3,760 BAM+58%
Advertising Operations Manager3,720 BAM+57%
Advertising Strategic Planner2,380 BAM+0%
Advertising Team Leader2,300 BAM-3%
Animator1,610 BAM-32%
Art Director2,270 BAM-4%
Artist1,860 BAM-22%
Artworker1,350 BAM-43%
Assistant Art Director1,840 BAM-23%
Audiosual Technician1,350 BAM-43%
Broadcast Administrator2,500 BAM+5%
Catering Sales1,440 BAM-39%
Catering Trainer1,720 BAM-28%
Commercial and Industrial Designer1,390 BAM-41%
Conference Organiser1,730 BAM-27%
Content and Media Production Lead2,720 BAM+14%
CopyWriter1,650 BAM-31%
Creative Designer1,770 BAM-26%
Creative Director2,250 BAM-5%
Designer 1,330 BAM-44%
Desktop Publisher1,110 BAM-53%
Director of Graphic Design2,210 BAM-7%
Events and Promotions Manager3,880 BAM+63%
Exhibit Display Coordinator1,700 BAM-28%
Exhibit Display Manager2,330 BAM-2%
Finisher1,260 BAM-47%
Graphic Artist1,460 BAM-39%
Graphic Designer1,480 BAM-38%
Graphics Design Supervisor1,950 BAM-18%
Imagery Analyst1,340 BAM-44%
Imaging Technologist1,370 BAM-42%
Interaction Designer1,240 BAM-48%
Media Planner1,990 BAM-16%
Media Production Coordinator1,830 BAM-23%
Media Production Manager3,060 BAM+29%
Media Project Manager3,060 BAM+29%
Media Relations Representative2,510 BAM+6%
Media Sales Executive3,080 BAM+30%
Multimedia Specialist1,370 BAM-42%
Photographer1,250 BAM-47%
PPC Campaign Manager2,340 BAM-2%
Print Production Manager2,530 BAM+6%
Product and Brand Manager3,730 BAM+57%
Sales Promotion Manager3,630 BAM+53%
Sketch Artist1,670 BAM-30%
Social Media Executive2,930 BAM+23%
Technical Typist1,030 BAM-57%
User Experience UX Designer1,630 BAM-31%
UX Designer1,430 BAM-40%

Salary Comparison By City

CityAverage Salary
Banja Luka2,680 BAM
Medjugorje2,150 BAM
Mostar2,270 BAM
Sarajevo2,740 BAM
Tuzla2,610 BAM
Zenica2,530 BAM

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 Bosnia and Herzegovina earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
2,050 BAM
Public Sector+25%
2,550 BAM
Percentage increase and decrease are relative to the previous value

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