Average Account Executive Salary in Bangladesh for 2024
In this article, we will look at the average Account Executive salary for 2024 in Bangladesh 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 an Account Executive Make in Bangladesh?
An Account Executive working in Bangladesh will typically earn around 273,000 BDT per year, and this can range from the lowest average salary of about 125,700 BDT to the highest average salary of 436,200 BDT.
These are average salaries for an Account Executive in Bangladesh and include benefits such as housing and transport. It's also possible for an Account Executive to earn more or less than the average salaries shown above.
Account Executive 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 Account Executive Salaries in Bangladesh
So we've looked at the average salaries an Account Executive will earn in Bangladesh. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Account Executive can earn between 125,700 BDT and 436,200 BDT on average in Bangladesh. 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 an Account Executive in Bangladesh is 299,500 BDT. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 299,500 BDT, and 50% of the population earn more than 299,500 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 Account Executive salary in Bangladesh, 25% of the population are earning less than 192,000 BDT while 75% of the population earn more than 192,000 BDT.
75% of the population earn less than 396,300 BDT, and 25% of the population earn more than 396,300 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.
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.
Account Executive Salary by Experience Level in Bangladesh
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 account executive 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. An Account Executive in Bangladesh that has less than two years of experience can expect to earn somewhere in the region of 142,300 BDT.
- 2 - 5 Years Experience. With two to five years of experience the average Account Executive salary would increase to 192,600 BDT.
- 5 - 10 Years Experience. From five to ten years of experience as an Account Executive, the average salary would be 282,300 BDT.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 344,600 BDT.
- 15 - 20 Years Experience. An Account Executive with 15 to 20 years of experience can earn an average of 377,200 BDT.
- 20+ Years Experience. For an Account Executive with more than 20 years, the expected average salary increases to 407,300 BDT.
Average Salary by Experience Chart
0-2 Years |
142,300 BDT
|
|
2-5 Years | +34% |
192,600 BDT
|
5-10 Years | +48% |
282,300 BDT
|
10-15 Years | +22% |
344,600 BDT
|
15-20 Years | +9% |
377,200 BDT
|
20+ Years | +8% |
407,300 BDT
|
Account Executive Salary by Education Level in Bangladesh
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 an Account Executive in Bangladesh based on the education level of the employees in order to find out whether a better education level would increase your salary.
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High School. An Account Executive in Bangladesh with a high school education can earn an average salary of 176,800 BDT.
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Certificate or Diploma. An Account Executive in Bangladesh with a certificate or diploma education can earn an average salary of 207,700 BDT.
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Bachelor's Degree. An Account Executive in Bangladesh with a bachelor's degree education can earn an average salary of 301,300 BDT.
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Master's Degree. An Account Executive in Bangladesh with a master's degree education can earn an average salary of 394,300 BDT.
Average Salary by Education Chart
High School |
176,800 BDT
|
|
Certificate or Diploma | +18% |
207,700 BDT
|
Bachelor's Degree | +45% |
301,300 BDT
|
Master's Degree | +31% |
394,300 BDT
|
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 Bangladesh is around 130,000 to 390,000 BDT 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.
Account Executive 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 Bangladesh, a male account executive will earn an average of 301,600 BDT, while a female account executive will earn around 247,800 BDT.
This means that a male account executive earns approximately 22% more than a female account executive for performing the same job.
Average Salary by Gender Chart in Bangladesh
Male |
301,600 BDT
|
|
Female | -22% |
247,800 BDT
|
Account Executive Average Pay Raise in Bangladesh
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 an Account Executive in Bangladesh is around 8% every 28 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 = ( 8 ÷ 28 ) × 12 = 3%
What this means is that an Account Executive in Bangladesh can expect to receive an average pay raise of around 3% every 12 months.
Annual Pay Raise by Industry in Bangladesh 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.
Banking |
9%
|
|
Energy |
9%
|
|
Information Technology |
9%
|
|
Healthcare |
9%
|
|
Travel |
9%
|
|
Construction |
9%
|
|
Education |
9%
|
Account Executive Bonus and Incentive Rates in Bangladesh
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.
An Account Executive is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.
59% 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 2% to 7%.
Received Bonus |
41%
|
|
No Bonus |
59%
|
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 Bangladesh earn approximately 25% more than private sector employees in the same role.
Public Sector |
345,700 BDT
|
|
Private Sector | -25% |
277,400 BDT
|
Salaries for Jobs Similar to an Account Executive
In the table below, we have salary information for jobs that are similar to an Account Executive in Bangladesh.
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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