Average Floor Manager Salary in Chandpur, Bangladesh for 2024

In this article, we will look at the average Floor Manager salary for 2024 in Chandpur 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 Bangladeshi taka. To keep things simple, we are using the BDT currency code instead of the currency symbol ৳.

How Much Does a Floor Manager Make in Chandpur?

A Floor Manager working in Chandpur will typically earn around 150,000 BDT per year, and this can range from the lowest average salary of about 76,440 BDT to the highest average salary of 227,600 BDT.

These are average salaries for a Floor Manager in Chandpur and include benefits such as housing and transport. It's also possible for a Floor Manager to earn more or less than the average salaries shown above.

Floor Manager 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 Floor Manager Salaries in Chandpur

So we've looked at the average salaries a Floor Manager will earn in Chandpur. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Floor Manager can earn between 76,440 BDT and 227,600 BDT on average in Chandpur. 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 Floor Manager in Chandpur is 142,300 BDT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 142,300 BDT, and 50% of the population earn more than 142,300 BDT.

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 Floor Manager salary in Chandpur, 25% of the population are earning less than 99,280 BDT while 75% of the population earn more than 99,280 BDT.

75% of the population earn less than 180,300 BDT, and 25% of the population earn more than 180,300 BDT.

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.

Floor Manager Salary by Experience Level in Chandpur

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 floor manager 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 Floor Manager in Chandpur that has less than two years of experience can expect to earn somewhere in the region of 89,800 BDT.
• 2 - 5 Years Experience. With two to five years of experience the average Floor Manager salary would increase to 116,740 BDT.
• 5 - 10 Years Experience. From five to ten years of experience as a Floor Manager, the average salary would be 152,300 BDT.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 187,500 BDT.
• 15 - 20 Years Experience. A Floor Manager with 15 to 20 years of experience can earn an average of 205,700 BDT.
• 20+ Years Experience. For a Floor Manager with more than 20 years, the expected average salary increases to 214,000 BDT.

Average Salary by Experience Chart

Floor Manager Salary by Education Level in Chandpur

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 Floor Manager in Chandpur based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. A Floor Manager in Chandpur with a high school education can earn an average salary of 105,880 BDT.

• Certificate or Diploma. A Floor Manager in Chandpur with a certificate or diploma education can earn an average salary of 151,800 BDT.

• Bachelor's Degree. A Floor Manager in Chandpur with a bachelor's degree education can earn an average salary of 207,700 BDT.

Average Salary by Education Chart

Floor Manager 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 Chandpur, a male floor manager will earn an average of 181,600 BDT, while a female floor manager will earn around 150,000 BDT.

This means that a male floor manager earns approximately 21% more than a female floor manager for performing the same job.

Average Salary by Gender Chart in Chandpur

Floor Manager Average Pay Raise in Chandpur

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 Floor Manager in Chandpur is around 5% every 30 months.

The national average pay raise across all professions and industries in Bangladesh is around 5% every 28 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 = ( 5 ÷ 30 ) × 12  = 2%

What this means is that a Floor Manager in Chandpur can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Chandpur for 2024

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

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

Floor Manager Bonus and Incentive Rates in Chandpur

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 Floor Manager is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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 0% to 4%.

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 Bangladesh earn approximately 25% more than private sector employees in the same role.

Salaries for Jobs Similar to a Floor Manager

In the table below, we have salary information for jobs that are similar to a Floor Manager in Chandpur.

Salary Comparison by City

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

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