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Market Development Manager Average Salary in Namibia 2024

How much money does a person working as Market Development Manager make in Namibia?


Average Monthly Salary
24,000 NAD
( 288,000 NAD yearly)

LOW
11,500
NAD
AVERAGE
24,000
NAD
HIGH
37,700
NAD
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 Market Development Manager in Namibia typically earns around 24,000 NAD. Salaries range from 11,500 NAD (lowest) to 37,700 NAD (highest).


Salary Variance

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



Market Development Manager Pay Scale and Salaries in Namibia

Median and salary distribution Namibia Market Development Manager monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
22,400 NAD or more
10% of people earn
19,800 to 22,400 NAD
20% of people earn
13,900 NAD or less
65% of people earn
13,900 to 19,800 NAD
Minimum Salary
11,500 NAD
Median
22,600 NAD
Maximum
37,700 NAD




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 Market Development Manager in Namibia range from 11,500 NAD (starting salary) to 37,700 NAD (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 22,600 NAD, half of the professionals who work as Market Development Manager in Namibia 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 Market Development Manager in Namibia earn less than 18,400 NAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 25,900 NAD 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 Market Development Manager in Namibia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 13,900 NAD to 19,800 NAD. About 20% of salaries are below the 13,900 NAD mark, while 10% fall within the range of 19,800 NAD to 22,400 NAD. Only 5% of individuals have salaries exceeding 22,400 NAD.

Salary Comparison by Years of Experience / Market Development Manager / Namibia

How do experience and age affect pay?

0 - 2 Years
13,500 NAD
2 - 5 Years+42%
19,100 NAD
5 - 10 Years+31%
25,100 NAD
10 - 15 Years+23%
30,900 NAD
15 - 20 Years+6%
32,900 NAD
20+ Years+10%
36,000 NAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Namibia Market 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 Market 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 13,500 NAD.

While someone with an experience level between two and five years is expected to earn 19,100 NAD, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 25,100 NAD, 31% 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 30,900 NAD, 23% 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 32,900 NAD, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 36,000 NAD, 10% 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 / Market Development Manager / Namibia

How do education levels affect salaries?

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

Certificate or Diploma
16,800 NAD
Bachelor's Degree+59%
26,700 NAD
Master's Degree+33%
35,600 NAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Namibia Market 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 Market Development Manager in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 16,800 NAD.


Level 2: Bachelor's Degree

At this level, the average salary becomes 26,700 NAD, 59% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 35,600 NAD, 33% 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 Namibia costs anywhere from 87,600 NAD to 263,000 NAD 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 / Market Development Manager / Namibia

Salary comparison by gender Namibia Market 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 Market Development Manager in Namibia, the average difference between the salary of male and female employees is 6%.

Male
24,900 NAD
Female-6%
23,500 NAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Namibia for all Careers

Salary comparison by gender monthly Namibia
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Average Annual Salary Increment Percentage / Market Development Manager / Namibia

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

Individuals working as Market Development Manager in Namibia are likely to observe a salary increase of approximately 8% every 30 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Namibia Market 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.

Namibia / All Professions

Annual Salary Increment Rate Namibia
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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 Namibia 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 / Market Development Manager / Namibia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Namibia Market Development Manager
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35% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 65% 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
65%
No Bonus
35%

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 / Market Development Manager / Namibia


140 NAD per hour

The average hourly wage (pay per hour) for individuals working as Market Development Manager in Namibia is 140 NAD.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 Market Development Manager in Namibia is 67 NAD. 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
Marketing-100%
Account Handler14,800 NAD-38%
Affiliate Manager19,500 NAD-19%
Affiliate Marketing Manager27,200 NAD+13%
Affiliate Marketing Specialist16,800 NAD-30%
Analytics Specialist14,100 NAD-41%
Assistant Brand Manager20,400 NAD-15%
Assistant Product Manager20,600 NAD-14%
Associate Marketing Manager22,000 NAD-8%
Associate Product Manager23,000 NAD-4%
Blockchain Marketing Specialist18,900 NAD-21%
Brand Ambassador25,800 NAD+7%
Brand Director31,100 NAD+29%
Brand Executive28,800 NAD+20%
Brand Manager29,400 NAD+22%
Business Analytics Specialist14,400 NAD-40%
Business Channel Manager19,500 NAD-19%
Business Intelligence Team Leader20,200 NAD-16%
Campaign Specialist18,600 NAD-23%
Chief Content Officer22,500 NAD-6%
Chief Digital Marketing Officer30,400 NAD+27%
Chief Marketing Officer 32,200 NAD+34%
Chief Product Officer27,200 NAD+13%
Communications Officer9,070 NAD-62%
Content Manager15,500 NAD-35%
Content Marketing Strategist18,800 NAD-22%
Copy Editer12,000 NAD-50%
Copy Writer11,400 NAD-53%
Creative Marketing Lead18,800 NAD-22%
Creative Writer12,200 NAD-49%
Digital Marketer16,500 NAD-31%
Digital Marketing Manager23,800 NAD-1%
Digital Marketing Specialist17,400 NAD-28%
Digital Marketing Strategist 22,700 NAD-5%
Digital Media Specialist20,500 NAD-15%
Director of Marketing31,100 NAD+29%
Director of Research22,600 NAD-6%
Email Marketing Specialist16,500 NAD-31%
eMarketing Manager24,500 NAD+2%
Event Marketing23,700 NAD-1%
Experiential Marketing Manager26,700 NAD+11%
Gamification Marketer14,200 NAD-41%
Head of Executive Search25,500 NAD+6%
Internet Marketer15,600 NAD-35%
Key Affiliate Manager21,200 NAD-12%
Localization Manager20,400 NAD-15%
Market Development Executive24,200 NAD+1%
Market Development Manager24,000 NAD-0%
Market Research Analyst20,600 NAD-14%
Market Research Manager21,200 NAD-12%
Market Segmentation Director23,100 NAD-4%
Marketing Account Supervisor19,200 NAD-20%
Marketing Administrator15,800 NAD-34%
Marketing Advisor17,600 NAD-27%
Marketing Analyst18,800 NAD-22%
Marketing and Communications Officer11,200 NAD-53%
Marketing and Sales Head30,500 NAD+27%
Marketing Assistant9,820 NAD-59%
Marketing Associate9,940 NAD-59%
Marketing Automation Specialist19,800 NAD-18%
Marketing Communications Manager20,900 NAD-13%
Marketing Consultant21,600 NAD-10%
Marketing Coordinator9,700 NAD-60%
Marketing Data Analyst19,100 NAD-20%
Marketing Director30,500 NAD+27%
Marketing Distribution Executive25,100 NAD+4%
Marketing Executive23,800 NAD-1%
Marketing Manager31,700 NAD+32%
Marketing Officer10,100 NAD-58%
Marketing Segment Manager21,700 NAD-10%
Marketing Specialist14,600 NAD-39%
Marketing Supervisor18,800 NAD-22%
Marketing Vice President24,000 NAD-0%
Marketing Writer12,100 NAD-50%
Mobile Marketing Specialist21,400 NAD-11%
Online Marketing Analyst17,600 NAD-27%
Online Marketing Manager20,800 NAD-13%
Optimization Manager20,000 NAD-17%
Outbound Sales14,400 NAD-40%
Outreach Coordinator12,700 NAD-47%
Outreach Specialist17,300 NAD-28%
Podcast Specialist17,200 NAD-28%
Product Development22,000 NAD-8%
Product Manager24,100 NAD+0%
Product Marketing Engineer13,000 NAD-46%
Product Marketing Executive23,400 NAD-3%
Product Marketing Manager22,600 NAD-6%
Product Researcher13,000 NAD-46%
Product Strategist19,100 NAD-20%
Product Strategy Researcher17,100 NAD-29%
Product Training Specialist14,700 NAD-39%
Project Manager18,900 NAD-21%
Publications Coordinator11,000 NAD-54%
Research Executive21,600 NAD-10%
Sales and Marketing Assistant9,790 NAD-59%
Sales and Marketing Coordinator10,400 NAD-57%
Sales and Marketing Director32,700 NAD+36%
Sales Director30,700 NAD+28%
Sales Management Support10,600 NAD-56%
Sales Manager29,800 NAD+24%
Search Marketing Strategist26,500 NAD+10%
Social Media Administrator17,000 NAD-29%
Social Media Specialist17,000 NAD-29%
Spaceman Analyst9,250 NAD-61%
Sponsorship Consultant16,000 NAD-33%
Team Leader18,500 NAD-23%
Telemarketer9,530 NAD-60%
TikTok marketer21,500 NAD-10%
Trade Marketing Executive22,700 NAD-5%
Trade Marketing Manager23,800 NAD-1%
Trade Marketing Professional18,300 NAD-24%
Trade Marketing Specialist13,800 NAD-43%
Video Marketing Specialist20,500 NAD-15%
Web Analytics Manager19,700 NAD-18%
Web Content Manager18,500 NAD-23%
Webinar Marketing Specialist19,600 NAD-18%

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 Namibia is 7% on average across all career fields.

Private Sector
16,800 NAD
Public Sector+7%
18,000 NAD
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 Market Development Manager in Namibia?

A good and competitive compensation would range anywhere between 22,600 NAD and 25,900 NAD. 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 Market Development Manager in Namibia ranges from 11,500 NAD to 18,400 NAD. 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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