Average Banking Business Development Officer Salary in Hiroshima, Japan for 2024

In this article, we will look at the average Banking Business Development Officer salary for 2024 in Hiroshima and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Japanese yen. To keep things simple, we are using the JPY currency code instead of the currency symbol ¥.

How Much Does a Banking Business Development Officer Make in Hiroshima?

A Banking Business Development Officer working in Hiroshima will typically earn around 3,912,600 JPY per year, and this can range from the lowest average salary of about 2,026,800 JPY to the highest average salary of 5,975,000 JPY.

Average Annual Salary
3,912,600 JPY
Average Monthly Salary
326,050 JPY

Lowest Annual Salary
2,026,800 JPY
Lowest Monthly Salary
168,900 JPY

Highest Annual Salary
5,975,000 JPY
Highest Monthly Salary
497,916 JPY

These are average salaries for a Banking Business Development Officer in Hiroshima and include benefits such as housing and transport. It's also possible for a Banking Business Development Officer to earn more or less than the average salaries shown above.

Banking Business Development Officer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Banking Business Development Officer Salaries in Hiroshima

So we've looked at the average salaries a Banking Business Development Officer will earn in Hiroshima. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Banking Business Development Officer can earn between 2,026,800 JPY and 5,975,000 JPY on average in Hiroshima. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Banking Business Development Officer in Hiroshima is 3,745,100 JPY. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 3,745,100 JPY, and 50% of the population earn more than 3,745,100 JPY.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Banking Business Development Officer salary in Hiroshima, 25% of the population are earning less than 2,605,500 JPY while 75% of the population earn more than 2,605,500 JPY.

75% of the population earn less than 4,667,500 JPY, and 25% of the population earn more than 4,667,500 JPY.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Banking Business Development Officer Salary by Experience Level in Hiroshima

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average banking business development officer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Banking Business Development Officer in Hiroshima that has less than two years of experience can expect to earn somewhere in the region of 2,304,300 JPY.
  • 2 - 5 Years Experience. With two to five years of experience the average Banking Business Development Officer salary would increase to 3,094,100 JPY.
  • 5 - 10 Years Experience. From five to ten years of experience as a Banking Business Development Officer, the average salary would be 4,019,900 JPY.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 4,870,300 JPY.
  • 15 - 20 Years Experience. A Banking Business Development Officer with 15 to 20 years of experience can earn an average of 5,326,200 JPY.
  • 20+ Years Experience. For a Banking Business Development Officer with more than 20 years, the expected average salary increases to 5,605,200 JPY.

Average Salary by Experience Chart

0-2 Years
2,304,300 JPY
2-5 Years +34%
3,094,100 JPY
5-10 Years +30%
4,019,900 JPY
10-15 Years +21%
4,870,300 JPY
15-20 Years +9%
5,326,200 JPY
20+ Years +5%
5,605,200 JPY

Banking Business Development Officer Salary by Education Level in Hiroshima

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Banking Business Development Officer in Hiroshima based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Banking Business Development Officer in Hiroshima with a certificate or diploma education can earn an average salary of 2,734,500 JPY.

  • Bachelor's Degree. A Banking Business Development Officer in Hiroshima with a bachelor's degree education can earn an average salary of 4,162,800 JPY.

  • Master's Degree. A Banking Business Development Officer in Hiroshima with a master's degree education can earn an average salary of 5,890,200 JPY.

Average Salary by Education Chart

Certificate or Diploma
2,734,500 JPY
Bachelor's Degree +52%
4,162,800 JPY
Master's Degree +42%
5,890,200 JPY

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Japan is around 2,570,000 to 7,720,000 JPY and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Banking Business Development Officer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Hiroshima, a male banking business development officer will earn an average of 4,332,900 JPY, while a female banking business development officer will earn around 4,093,700 JPY.

This means that a male banking business development officer earns approximately 6% more than a female banking business development officer for performing the same job.

Average Salary by Gender Chart in Hiroshima

Male
4,332,900 JPY
Female -6%
4,093,700 JPY

Banking Business Development Officer Average Pay Raise in Hiroshima

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Banking Business Development Officer in Hiroshima is around 11% every 15 months.

The national average pay raise across all professions and industries in Japan is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 15 ) × 12  = 9%

What this means is that a Banking Business Development Officer in Hiroshima can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Hiroshima for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Japan.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Banking Business Development Officer Bonus and Incentive Rates in Hiroshima

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Banking Business Development Officer is a moderate bonus based job, with 57% of employees reporting at least one bonus in the last 12 months.

43% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
57%
No Bonus
43%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Japan earn approximately 4% more than private sector employees in the same role.

Public Sector
6,300,400 JPY
Private Sector -4%
6,048,900 JPY

Salaries for Jobs Similar to a Banking Business Development Officer

In the table below, we have salary information for jobs that are similar to a Banking Business Development Officer in Hiroshima.

Job Title Category Salary
AML Analyst Banking 9,754,300 JPY
Assistant Bank Branch Manager Banking 8,746,500 JPY
Assistant Bank Manager Banking 11,065,000 JPY
ATM Manager Banking 9,421,200 JPY
ATM Service Technician Banking 2,617,900 JPY
Bank Accounts Analyst Banking 3,912,600 JPY
Bank Accounts Collector Banking 2,362,300 JPY
Bank Accounts Controller Banking 4,667,500 JPY
Bank Accounts Executive Banking 6,971,100 JPY
Bank Accounts Manager Banking 8,149,100 JPY
Bank Auditing Manager Banking 8,471,700 JPY
Bank Branch Manager Banking 11,856,900 JPY
Bank Branch Operations Coordinator Banking 4,991,200 JPY
Bank Clerk Banking 2,161,200 JPY
Bank Client Service Associate Banking 3,132,800 JPY
Bank Collector Banking 2,304,300 JPY
Bank Compliance Specialist Banking 5,952,700 JPY
Bank Manager Banking 13,919,600 JPY
Bank Operational Risk Manager Banking 13,079,500 JPY
Bank Operations Head Banking 14,038,300 JPY
Bank Operations Officer Banking 5,351,400 JPY
Bank Operations Specialist Banking 8,737,100 JPY
Bank Process Manager Banking 7,848,500 JPY
Bank Product Manager Banking 8,962,200 JPY
Bank Programme Manager Banking 9,550,600 JPY
Bank Project Manager Banking 11,123,200 JPY
Bank Propositions Manager Banking 9,850,400 JPY
Bank Quantitative Analyst Banking 6,815,700 JPY
Bank Regional Manager Banking 14,280,500 JPY
Bank Regional Risk Officer Banking 7,045,600 JPY
Bank Relationship Manager Banking 10,523,700 JPY
Bank Relationship Officer Banking 4,465,800 JPY
Bank Teller Banking 2,314,800 JPY
Banker Banking 4,822,700 JPY
Banking Business Analyst Banking 7,140,500 JPY
Banking Business Planning Executive Banking 10,282,900 JPY
Banking Product Manager Banking 8,533,800 JPY
Banking Reference Data Manager Banking 7,693,200 JPY
Banking Risk Analyst Banking 7,297,800 JPY
Banking Technical Analyst Banking 3,912,600 JPY
Bankruptcy Coordinator Banking 5,232,400 JPY
Bill and Account Collector Banking 2,401,300 JPY
Budget Analyst Banking 7,259,000 JPY
Capital Risk Manager Banking 13,679,300 JPY
Cards Marketing Manager Banking 9,239,600 JPY
Cash Management Manager Banking 11,891,900 JPY
Check Processing Manager Banking 8,856,100 JPY
Commercial Vault Associate Banking 6,862,900 JPY
Corporate Banker Banking 4,908,200 JPY
Corporate Dealer Banking 7,596,200 JPY
Credit Analyst Banking 5,423,100 JPY
Credit and Collections Manager Banking 9,493,400 JPY
Credit Card Fraud Investigator Banking 7,321,700 JPY
Credit Portfolio Manager Banking 13,079,500 JPY
Credit Risk Analyst Banking 7,763,600 JPY
Credit Risk Associate Banking 7,834,900 JPY
Direct Bank Sales Representative Banking 5,053,200 JPY
Exchange Control Consultant Banking 7,464,400 JPY
Executive Account Analyst Banking 6,780,300 JPY
Financial Bank Planning Consultant Banking 8,952,900 JPY
Financial Banking Analysis Manager Banking 10,643,500 JPY
Financial Banking Assistant Banking 3,481,100 JPY
Financial Banking Systems Manager Banking 9,995,000 JPY
Foreign Exchange Manager Banking 10,762,500 JPY
Fraud Analyst Banking 7,523,300 JPY
Fraud Detection Associate Banking 4,860,800 JPY
Fraud Detection Manager Banking 10,440,100 JPY
Fraud Detection Supervisor Banking 5,914,900 JPY
Internal Bank Audit Manager Banking 12,481,200 JPY
Internal Bank Auditor Banking 6,696,900 JPY
Internal Private Banker Banking 5,136,500 JPY
International Banking Manager Banking 14,280,500 JPY
Investment Banking Analyst Banking 10,306,800 JPY
Loan Analyst Banking 6,648,800 JPY
Loan Area Manager Banking 8,962,200 JPY
Loan Audit Team Leader Banking 8,386,300 JPY
Loan Branch Manager Banking 7,572,700 JPY
Loan Business Development Officer Banking 4,116,600 JPY
Loan Clerk Banking 2,423,000 JPY
Loan Collection and Recovery Manager Banking 8,316,900 JPY
Loan Collection Manager Banking 8,257,300 JPY
Loan Collector Banking 2,281,800 JPY
Loan Examiner Banking 3,061,300 JPY
Loan Officer Banking 2,698,900 JPY
Loan Processing Manager Banking 7,618,900 JPY
Loan Processor Banking 3,205,100 JPY
Loan Quality Assurance Auditor Banking 7,259,000 JPY
Loan Quality Assurance Manager Banking 8,123,400 JPY
Loan Quality Assurance Representative Banking 5,461,900 JPY
Loan Review Manager Banking 8,290,700 JPY
Loan Team Leader Banking 7,453,000 JPY
Loans Manager Banking 9,841,900 JPY
Mortgage Advisor Banking 4,667,500 JPY
Mortgage Collection Manager Banking 7,930,200 JPY
Mortgage Collector Banking 2,230,100 JPY
Mortgage Credit Analyst Banking 3,648,200 JPY
Mortgage Credit Manager Banking 7,726,700 JPY
Mortgage Development Manager Banking 8,926,700 JPY
Mortgage Document Reviewer Banking 3,061,300 JPY
Mortgage Funding Manager Banking 9,142,700 JPY
Mortgage Operations Manager Banking 12,600,600 JPY
Mortgage Payment Processing Clerk Banking 2,807,200 JPY
Mortgage Processing Manager Banking 8,149,100 JPY
Mortgage Processor Banking 3,217,900 JPY
Mortgage Quality Assurance Auditor Banking 6,624,300 JPY
Mortgage Quality Assurance Manager Banking 7,642,900 JPY
Mortgage Servicing Clerk Banking 2,508,300 JPY
Mortgage Servicing Manager Banking 8,017,000 JPY
Mortgage Underwriter Banking 2,878,300 JPY
Online Banking Manager Banking 12,239,700 JPY
Payment Processing Clerk Banking 2,508,300 JPY
Personal Banker Banking 4,956,800 JPY
Personal Banking Advisor Banking 5,256,700 JPY
Phone Banker Banking 3,299,800 JPY
Private Banker Banking 5,146,100 JPY
Reconciliation and Investigation Specialist Banking 5,567,700 JPY
Tax Officer Banking 4,414,800 JPY
Teller Banking 2,471,700 JPY
Trade Officer Banking 3,013,500 JPY
Trade Product Manager Banking 7,860,600 JPY
Trader Banking 3,312,100 JPY
Treasury Operations Officer Banking 5,975,000 JPY

Salary Comparison by City

If you want to compare salaries with different cities in Japan, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Fukuoka 4,320,200 JPY
Kawasaki 4,067,600 JPY
Kobe 4,224,200 JPY
Kyoto 4,152,200 JPY
Nagoya 4,475,900 JPY
Osaka 4,558,700 JPY
Saitama 3,984,100 JPY
Sapporo 4,391,800 JPY
Sendai 3,829,500 JPY
Tokyo 4,714,900 JPY
Yokohama 4,633,100 JPY

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