Average Assistant Business Development Manager Salary in Malaysia for 2024

In this article, we will look at the average Assistant Business Development Manager salary for 2024 in Malaysia 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 Malaysian ringgit. To keep things simple, we are using the MYR currency code instead of the currency symbol RM.

How Much Does an Assistant Business Development Manager Make in Malaysia?

An Assistant Business Development Manager working in Malaysia will typically earn around 101,960 MYR per year, and this can range from the lowest average salary of about 55,320 MYR to the highest average salary of 157,600 MYR.

Average Annual Salary
101,960 MYR
Average Monthly Salary
8,496 MYR

Lowest Annual Salary
55,320 MYR
Lowest Monthly Salary
4,610 MYR

Highest Annual Salary
157,600 MYR
Highest Monthly Salary
13,133 MYR

These are average salaries for an Assistant Business Development Manager in Malaysia and include benefits such as housing and transport. It's also possible for an Assistant Business Development Manager to earn more or less than the average salaries shown above.

Assistant Business Development 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 Assistant Business Development Manager Salaries in Malaysia

So we've looked at the average salaries an Assistant Business Development Manager will earn in Malaysia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Assistant Business Development Manager can earn between 55,320 MYR and 157,600 MYR on average in Malaysia. 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 Assistant Business Development Manager in Malaysia is 96,980 MYR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 96,980 MYR, and 50% of the population earn more than 96,980 MYR.

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 Assistant Business Development Manager salary in Malaysia, 25% of the population are earning less than 69,240 MYR while 75% of the population earn more than 69,240 MYR.

75% of the population earn less than 114,000 MYR, and 25% of the population earn more than 114,000 MYR.

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.

Assistant Business Development Manager Salary by Experience Level in Malaysia

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 assistant business development 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. An Assistant Business Development Manager in Malaysia that has less than two years of experience can expect to earn somewhere in the region of 65,940 MYR.
  • 2 - 5 Years Experience. With two to five years of experience the average Assistant Business Development Manager salary would increase to 80,280 MYR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Assistant Business Development Manager, the average salary would be 109,740 MYR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 125,700 MYR.
  • 15 - 20 Years Experience. An Assistant Business Development Manager with 15 to 20 years of experience can earn an average of 138,800 MYR.
  • 20+ Years Experience. For an Assistant Business Development Manager with more than 20 years, the expected average salary increases to 151,800 MYR.

Average Salary by Experience Chart

0-2 Years
65,940 MYR
2-5 Years +26%
80,280 MYR
5-10 Years +32%
109,740 MYR
10-15 Years +18%
125,700 MYR
15-20 Years +11%
138,800 MYR
20+ Years +6%
151,800 MYR

Assistant Business Development Manager Salary by Education Level in Malaysia

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 Assistant Business Development Manager in Malaysia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Assistant Business Development Manager in Malaysia with a high school education can earn an average salary of 78,480 MYR.

  • Certificate or Diploma. An Assistant Business Development Manager in Malaysia with a certificate or diploma education can earn an average salary of 87,760 MYR.

  • Bachelor's Degree. An Assistant Business Development Manager in Malaysia with a bachelor's degree education can earn an average salary of 117,440 MYR.

  • Master's Degree. An Assistant Business Development Manager in Malaysia with a master's degree education can earn an average salary of 146,200 MYR.

Average Salary by Education Chart

High School
78,480 MYR
Certificate or Diploma +13%
87,760 MYR
Bachelor's Degree +32%
117,440 MYR
Master's Degree +24%
146,200 MYR

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 Malaysia is around 32,900 to 98,800 MYR 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.

Assistant Business Development 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 Malaysia, a male assistant business development manager will earn an average of 106,760 MYR, while a female assistant business development manager will earn around 98,120 MYR.

This means that a male assistant business development manager earns approximately 9% more than a female assistant business development manager for performing the same job.

Average Salary by Gender Chart in Malaysia

Male
106,760 MYR
Female -9%
98,120 MYR

Assistant Business Development Manager Average Pay Raise in Malaysia

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 Assistant Business Development Manager in Malaysia is around 14% every 16 months.

The national average pay raise across all professions and industries in Malaysia is around 9% every 17 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 = ( 14 ÷ 16 ) × 12  = 11%

What this means is that an Assistant Business Development Manager in Malaysia can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in Malaysia for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Assistant Business Development Manager Bonus and Incentive Rates in Malaysia

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 Assistant Business Development Manager is a high bonus based job, with 76% of employees reporting at least one bonus in the last 12 months.

24% 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 6% to 7%.

Received Bonus
76%
No Bonus
24%

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 Malaysia earn approximately 11% more than private sector employees in the same role.

Public Sector
81,960 MYR
Private Sector -11%
73,820 MYR

Salaries for Jobs Similar to an Assistant Business Development Manager

In the table below, we have salary information for jobs that are similar to an Assistant Business Development Manager in Malaysia.

Job Title Category Salary
Assistant Merchandise Planner Business Planning 60,180 MYR
Business Advisor Business Planning 96,960 MYR
Business Analyst Business Planning 96,560 MYR
Business Consultant Business Planning 98,820 MYR
Business Continuity Associate Business Planning 59,000 MYR
Business Developer Business Planning 64,620 MYR
Business Development Analyst Business Planning 69,260 MYR
Business Development Associate Business Planning 49,020 MYR
Business Development Coordinator Business Planning 55,580 MYR
Business Development Director Business Planning 142,300 MYR
Business Development Engineer Business Planning 83,020 MYR
Business Development Executive Business Planning 97,300 MYR
Business Development Manager Business Planning 129,000 MYR
Business Development Specialist Business Planning 92,500 MYR
Business Manager Business Planning 112,180 MYR
Business Operations Specialist Business Planning 94,380 MYR
Business Process Writer Business Planning 55,220 MYR
Business Systems Analyst Business Planning 99,340 MYR
Capacity Planner Business Planning 67,360 MYR
Capacity Planning Supervisor Business Planning 92,500 MYR
Change Communications Analyst Business Planning 91,960 MYR
Change Control Analyst Business Planning 89,120 MYR
Change Impact Analyst Business Planning 93,660 MYR
Contracts Executive Business Planning 99,340 MYR
Corporate Strategy Analyst Business Planning 100,140 MYR
Cost Control Engineer Business Planning 64,920 MYR
Cost Controller Business Planning 67,320 MYR
Cost Estimator Business Planning 63,400 MYR
Data Executive Business Planning 48,760 MYR
Data Manager Business Planning 73,760 MYR
Data Processing Manager Business Planning 88,240 MYR
Development Researcher Business Planning 72,780 MYR
Director of Business Development Business Planning 142,300 MYR
Director of Production Planning Business Planning 119,900 MYR
Due Diligence Analyst Business Planning 107,680 MYR
Estimating Manager Business Planning 109,460 MYR
General Manager Business Planning 115,400 MYR
Incident Handler Business Planning 67,320 MYR
Incident Specialist Business Planning 88,260 MYR
Lean Consultant Business Planning 78,500 MYR
Manager Business Planning 127,700 MYR
Marketing and Business Development Manager Business Planning 114,900 MYR
Materials Planner Business Planning 42,320 MYR
Merchandise Assistant Business Planning 40,600 MYR
Merchandise Controller Business Planning 41,820 MYR
Merchandise Planner Business Planning 43,220 MYR
Operations Analyst Business Planning 86,760 MYR
Operations Manager Business Planning 100,580 MYR
Operations Research Analyst Business Planning 63,700 MYR
Planning and Reporting Manager Business Planning 109,000 MYR
Planning Director Business Planning 130,400 MYR
Project Administrator Business Planning 63,380 MYR
Project Manager Business Planning 97,760 MYR
Project Planner Business Planning 62,100 MYR
Research Assistant Business Planning 54,700 MYR
Research Engineer Business Planning 58,280 MYR
Research Officer Business Planning 49,560 MYR
Risk Management Specialist Business Planning 98,140 MYR
Scholarship Coordinator Business Planning 48,920 MYR
Store Planner Business Planning 48,940 MYR
Strategy Director Business Planning 138,800 MYR
Top Research and Development Executive Business Planning 138,800 MYR

Salary Comparison by City

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

City Average Salary
Ampang 98,820 MYR
Ipoh 118,200 MYR
Johor Bahru 102,960 MYR
Klang 104,600 MYR
Kota Kinabalu 109,460 MYR
Kuala Lumpur 112,000 MYR
Kuching 99,220 MYR
Petaling Jaya 110,120 MYR
Shah Alam 110,380 MYR
Subang Jaya 102,380 MYR

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