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Business Planning Average Salaries in Albania 2023

How much money does a person working in Business Planning make in Albania?


Average Monthly Salary
102,000 ALL
( 1,230,000 ALL yearly)

LOW
50,000
ALL
AVERAGE
102,000
ALL
HIGH
173,000
ALL
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 in Business Planning in Albania typically earns around 102,000 ALL. Salaries range from 50,000 ALL (lowest average) to 173,000 ALL (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Business Planning domain in Albania exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Business Development Manager127,000 ALL
Assistant Merchandise Planner75,000 ALL
Business Advisor131,000 ALL
Business Analyst130,000 ALL
Business Consultant127,000 ALL
Business Continuity Associate75,900 ALL
Business Development Associate66,600 ALL
Business Development Coordinator66,700 ALL
Business Development Manager157,000 ALL
Business Development Specialist116,000 ALL
Business Operations Specialist115,000 ALL
Business Process Writer72,000 ALL
Capacity Planner82,800 ALL
Capacity Planning Supervisor111,000 ALL
Change Communications Analyst109,000 ALL
Change Control Analyst112,000 ALL
Contracts Executive126,000 ALL
Corporate Strategy Analyst122,000 ALL
Cost Control Engineer80,900 ALL
Cost Estimator79,800 ALL
Data Executive67,100 ALL
Development Researcher92,800 ALL
Due Diligence Analyst135,000 ALL
Estimating Manager128,000 ALL
General Manager144,000 ALL
Incident Handler89,400 ALL
Incident Specialist110,000 ALL
Lean Consultant92,000 ALL
Manager170,000 ALL
Materials Planner51,900 ALL
Merchandise Controller52,400 ALL
Merchandise Planner52,100 ALL
Operations Analyst110,000 ALL
Operations Research Analyst77,900 ALL
Planning and Reporting Manager138,000 ALL
Planning Director156,000 ALL
Project Administrator76,500 ALL
Project Manager124,000 ALL
Project Planner75,900 ALL
Research Assistant65,900 ALL
Research Engineer78,800 ALL
Research Officer60,100 ALL
Risk Management Specialist120,000 ALL
Scholarship Coordinator64,200 ALL
Store Planner58,700 ALL
Strategy Director165,000 ALL
Top Research and Development Executive178,000 ALL

Business Planning Jobs Pay Scale and Salaries in Albania

Median and salary distribution Albania Business Planning monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
100,000 ALL or more
10% of people earn
87,700 to 100,000 ALL
20% of people earn
60,400 ALL or less
65% of people earn
60,400 to 87,700 ALL
Minimum Salary
50,000 ALL
Median
95,300 ALL
Maximum
173,000 ALL


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 in Business Planning in Albania range from 50,000 ALL (starting average salary) to 173,000 ALL (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Business Planning is 95,300 ALL, implying that half of the workforce in Albania earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Business Planning in Albania earn less than 77,900 ALL, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 110,000 ALL, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Business Planning in Albania. The analysis revealed that roughly 65% of all reported salaries fell within the range of 60,400 ALL to 87,700 ALL. Approximately 20% of salaries were below the 60,400 ALL mark, while 10% ranged from 87,700 ALL to 100,000 ALL. Only 5% of individuals earned a gross salary of 100,000 ALL or higher.

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 in Business Planning in Albania 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.

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.


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.
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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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.

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 degree levels across many jobs in Business Planning in Albania, below are our findings.

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 certificate 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 Albania costs anywhere from 480,000 ALL to 1,440,000 ALL and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they 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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

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

Salary and Compensation Comparison By Gender / Business Planning / Albania

Salary comparison by gender Albania Business Planning 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? In the field of Business Planning in Albania, the average difference between the salary of male and female employees is 7%.

Male
105,000 ALL
Female-7%
98,000 ALL
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Albania for all Careers

Salary comparison by gender monthly Albania
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Average Annual Salary Increment Percentage / Business Planning / Albania

How much are annual salary increments in Albania for individuals working in Business Planning? How often do employees get salary raises?

Professionals working in Business Planning in Albania are likely to observe a salary increase of approximately 7% every 26 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Albania Business Planning
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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.

Albania / All Professions

Annual Salary Increment Rate Albania
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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 Albania is 2%.

Annual Increment Rate By Industry 2022

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

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

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 Planning / Albania

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Albania Business Planning
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39% of surveyed staff in Business Planning reported that they haven't received any bonuses or incentives in the previous year while 61% 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
61%
No Bonus
39%

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.

Salary Forecast and Trend / Business Planning / Albania

How are salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
90,700 ALL
Average Salary 2020+4%
94,000 ALL
Average Salary 2021+3%
96,600 ALL
Average Salary 2022+2%
98,500 ALL
Percentage increase and decrease are relative to the previous value

Salaries for individuals working in Business Planning in Albania are rising in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.

Salary trends and forecast monthly Albania Business Planning
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Hourly Average Wage / Business Planning / Albania


590 ALL per hour

The average hourly wage (pay per hour) in Business Planning in Albania is 590 ALL.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 in Business Planning in Albania is 290 ALL. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Business Planning VS Other Jobs

102,000 ALL
96,100 ALL
Average Salary
Business Planning
Average Salary
All Jobs
Salary Comparison Between Business Planning and Business Planning monthly Albania
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Salary Comparison By City

CityAverage Salary
Berat99,200 ALL
Durres112,000 ALL
Elbasan108,000 ALL
Fier104,000 ALL
Gjirokaster97,500 ALL
Korca102,000 ALL
Lezhe93,800 ALL
Sarande95,600 ALL
Shkodra106,000 ALL
Tirana114,000 ALL
Vlore110,000 ALL

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 Albania is 14% on average across all career fields.

Private Sector
91,300 ALL
Public Sector+14%
104,000 ALL
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 in Business Planning in Albania?

A good and competitive compensation would range anywhere between 95,300 ALL and 110,000 ALL. 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 jobs in Business Planning in Albania ranges from 77,900 ALL to 110,000 ALL. 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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