Market Development Manager Average Salary in Namibia 2024
How much money does a person working as Market Development Manager make in Namibia?
LOW
11,500
NAD AVERAGE
24,000
NAD HIGH
37,700
NAD
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
Salary Structure and Pay Scale Comparison
22,400 NAD or more
19,800 to 22,400 NAD
13,900 NAD or less
13,900 to 19,800 NAD
 11,500 NAD |
22,600 NAD |
37,700 NAD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
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 |
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.
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.
Typical Salary Progress for Most Careers
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 |
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 and Compensation Comparison By Gender / Market Development Manager / Namibia
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 |
Salary Comparison By Gender in Namibia for all Careers
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.
Namibia / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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?
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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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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 hourThe 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.
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 Title | Average Salary |
| Marketing |  -100% | |
| Account Handler | 14,800 NAD | -38% |
| Affiliate Manager | 19,500 NAD | -19% |
| Affiliate Marketing Manager | 27,200 NAD |  +13% |
| Affiliate Marketing Specialist | 16,800 NAD | -30% |
| Analytics Specialist | 14,100 NAD | -41% |
| Assistant Brand Manager | 20,400 NAD | -15% |
| Assistant Product Manager | 20,600 NAD | -14% |
| Associate Marketing Manager | 22,000 NAD | -8% |
| Associate Product Manager | 23,000 NAD | -4% |
| Blockchain Marketing Specialist | 18,900 NAD | -21% |
| Brand Ambassador | 25,800 NAD | +7% |
| Brand Director | 31,100 NAD | +29% |
| Brand Executive | 28,800 NAD | +20% |
| Brand Manager | 29,400 NAD | +22% |
| Business Analytics Specialist | 14,400 NAD | -40% |
| Business Channel Manager | 19,500 NAD | -19% |
| Business Intelligence Team Leader | 20,200 NAD | -16% |
| Campaign Specialist | 18,600 NAD | -23% |
| Chief Content Officer | 22,500 NAD | -6% |
| Chief Digital Marketing Officer | 30,400 NAD | +27% |
| Chief Marketing Officer | 32,200 NAD | +34% |
| Chief Product Officer | 27,200 NAD | +13% |
| Communications Officer | 9,070 NAD | -62% |
| Content Manager | 15,500 NAD | -35% |
| Content Marketing Strategist | 18,800 NAD | -22% |
| Copy Editer | 12,000 NAD | -50% |
| Copy Writer | 11,400 NAD | -53% |
| Creative Marketing Lead | 18,800 NAD | -22% |
| Creative Writer | 12,200 NAD | -49% |
| Digital Marketer | 16,500 NAD | -31% |
| Digital Marketing Manager | 23,800 NAD | -1% |
| Digital Marketing Specialist | 17,400 NAD | -28% |
| Digital Marketing Strategist | 22,700 NAD | -5% |
| Digital Media Specialist | 20,500 NAD | -15% |
| Director of Marketing | 31,100 NAD | +29% |
| Director of Research | 22,600 NAD | -6% |
| Email Marketing Specialist | 16,500 NAD | -31% |
| eMarketing Manager | 24,500 NAD | +2% |
| Event Marketing | 23,700 NAD | -1% |
| Experiential Marketing Manager | 26,700 NAD | +11% |
| Gamification Marketer | 14,200 NAD | -41% |
| Head of Executive Search | 25,500 NAD | +6% |
| Internet Marketer | 15,600 NAD | -35% |
| Key Affiliate Manager | 21,200 NAD | -12% |
| Localization Manager | 20,400 NAD | -15% |
| Market Development Executive | 24,200 NAD | +1% |
| Market Development Manager | 24,000 NAD | -0% |
| Market Research Analyst | 20,600 NAD | -14% |
| Market Research Manager | 21,200 NAD | -12% |
| Market Segmentation Director | 23,100 NAD | -4% |
| Marketing Account Supervisor | 19,200 NAD | -20% |
| Marketing Administrator | 15,800 NAD | -34% |
| Marketing Advisor | 17,600 NAD | -27% |
| Marketing Analyst | 18,800 NAD | -22% |
| Marketing and Communications Officer | 11,200 NAD | -53% |
| Marketing and Sales Head | 30,500 NAD | +27% |
| Marketing Assistant | 9,820 NAD | -59% |
| Marketing Associate | 9,940 NAD | -59% |
| Marketing Automation Specialist | 19,800 NAD | -18% |
| Marketing Communications Manager | 20,900 NAD | -13% |
| Marketing Consultant | 21,600 NAD | -10% |
| Marketing Coordinator | 9,700 NAD | -60% |
| Marketing Data Analyst | 19,100 NAD | -20% |
| Marketing Director | 30,500 NAD | +27% |
| Marketing Distribution Executive | 25,100 NAD | +4% |
| Marketing Executive | 23,800 NAD | -1% |
| Marketing Manager | 31,700 NAD | +32% |
| Marketing Officer | 10,100 NAD | -58% |
| Marketing Segment Manager | 21,700 NAD | -10% |
| Marketing Specialist | 14,600 NAD | -39% |
| Marketing Supervisor | 18,800 NAD | -22% |
| Marketing Vice President | 24,000 NAD | -0% |
| Marketing Writer | 12,100 NAD | -50% |
| Mobile Marketing Specialist | 21,400 NAD | -11% |
| Online Marketing Analyst | 17,600 NAD | -27% |
| Online Marketing Manager | 20,800 NAD | -13% |
| Optimization Manager | 20,000 NAD | -17% |
| Outbound Sales | 14,400 NAD | -40% |
| Outreach Coordinator | 12,700 NAD | -47% |
| Outreach Specialist | 17,300 NAD | -28% |
| Podcast Specialist | 17,200 NAD | -28% |
| Product Development | 22,000 NAD | -8% |
| Product Manager | 24,100 NAD | +0% |
| Product Marketing Engineer | 13,000 NAD | -46% |
| Product Marketing Executive | 23,400 NAD | -3% |
| Product Marketing Manager | 22,600 NAD | -6% |
| Product Researcher | 13,000 NAD | -46% |
| Product Strategist | 19,100 NAD | -20% |
| Product Strategy Researcher | 17,100 NAD | -29% |
| Product Training Specialist | 14,700 NAD | -39% |
| Project Manager | 18,900 NAD | -21% |
| Publications Coordinator | 11,000 NAD | -54% |
| Research Executive | 21,600 NAD | -10% |
| Sales and Marketing Assistant | 9,790 NAD | -59% |
| Sales and Marketing Coordinator | 10,400 NAD | -57% |
| Sales and Marketing Director | 32,700 NAD | +36% |
| Sales Director | 30,700 NAD | +28% |
| Sales Management Support | 10,600 NAD | -56% |
| Sales Manager | 29,800 NAD | +24% |
| Search Marketing Strategist | 26,500 NAD | +10% |
| Social Media Administrator | 17,000 NAD | -29% |
| Social Media Specialist | 17,000 NAD | -29% |
| Spaceman Analyst | 9,250 NAD | -61% |
| Sponsorship Consultant | 16,000 NAD | -33% |
| Team Leader | 18,500 NAD | -23% |
| Telemarketer | 9,530 NAD | -60% |
| TikTok marketer | 21,500 NAD | -10% |
| Trade Marketing Executive | 22,700 NAD | -5% |
| Trade Marketing Manager | 23,800 NAD | -1% |
| Trade Marketing Professional | 18,300 NAD | -24% |
| Trade Marketing Specialist | 13,800 NAD | -43% |
| Video Marketing Specialist | 20,500 NAD | -15% |
| Web Analytics Manager | 19,700 NAD | -18% |
| Web Content Manager | 18,500 NAD | -23% |
| Webinar Marketing Specialist | 19,600 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 |
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
