Average Assistant Merchandise Planner Salary in Armenia for 2024

In this article, we will look at the average Assistant Merchandise Planner salary for 2024 in Armenia 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 Armenian dram. To keep things simple, we are using the AMD currency code instead of the currency symbol ึ.

How Much Does an Assistant Merchandise Planner Make in Armenia?

An Assistant Merchandise Planner working in Armenia will typically earn around 7,441,400 AMD per year, and this can range from the lowest average salary of about 3,503,800 AMD to the highest average salary of 11,759,800 AMD.

Average Annual Salary
7,441,400 AMD
Average Monthly Salary
620,116 AMD

Lowest Annual Salary
3,503,800 AMD
Lowest Monthly Salary
291,983 AMD

Highest Annual Salary
11,759,800 AMD
Highest Monthly Salary
979,983 AMD

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

Assistant Merchandise Planner 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 Merchandise Planner Salaries in Armenia

So we've looked at the average salaries an Assistant Merchandise Planner will earn in Armenia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Assistant Merchandise Planner can earn between 3,503,800 AMD and 11,759,800 AMD on average in Armenia. 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 Merchandise Planner in Armenia is 7,882,800 AMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 7,882,800 AMD, and 50% of the population earn more than 7,882,800 AMD.

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 Merchandise Planner salary in Armenia, 25% of the population are earning less than 5,123,800 AMD while 75% of the population earn more than 5,123,800 AMD.

75% of the population earn less than 10,415,900 AMD, and 25% of the population earn more than 10,415,900 AMD.

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 Merchandise Planner Salary by Experience Level in Armenia

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 merchandise planner 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 Merchandise Planner in Armenia that has less than two years of experience can expect to earn somewhere in the region of 4,032,100 AMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Assistant Merchandise Planner salary would increase to 5,567,700 AMD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Assistant Merchandise Planner, the average salary would be 7,919,400 AMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 9,649,800 AMD.
  • 15 - 20 Years Experience. An Assistant Merchandise Planner with 15 to 20 years of experience can earn an average of 10,187,500 AMD.
  • 20+ Years Experience. For an Assistant Merchandise Planner with more than 20 years, the expected average salary increases to 11,099,800 AMD.

Average Salary by Experience Chart

0-2 Years
4,032,100 AMD
2-5 Years +38%
5,567,700 AMD
5-10 Years +42%
7,919,400 AMD
10-15 Years +22%
9,649,800 AMD
15-20 Years +6%
10,187,500 AMD
20+ Years +9%
11,099,800 AMD

Assistant Merchandise Planner Salary by Education Level in Armenia

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 Merchandise Planner in Armenia 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 Merchandise Planner in Armenia with a high school education can earn an average salary of 4,981,700 AMD.

  • Certificate or Diploma. An Assistant Merchandise Planner in Armenia with a certificate or diploma education can earn an average salary of 5,806,300 AMD.

  • Bachelor's Degree. An Assistant Merchandise Planner in Armenia with a bachelor's degree education can earn an average salary of 8,460,900 AMD.

  • Master's Degree. An Assistant Merchandise Planner in Armenia with a master's degree education can earn an average salary of 11,099,800 AMD.

Average Salary by Education Chart

High School
4,981,700 AMD
Certificate or Diploma +17%
5,806,300 AMD
Bachelor's Degree +45%
8,460,900 AMD
Master's Degree +31%
11,099,800 AMD

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 Armenia is around 3,880,000 to 11,600,000 AMD 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 Merchandise Planner 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 Armenia, a male assistant merchandise planner will earn an average of 7,848,500 AMD, while a female assistant merchandise planner will earn around 7,115,800 AMD.

This means that a male assistant merchandise planner earns approximately 10% more than a female assistant merchandise planner for performing the same job.

Average Salary by Gender Chart in Armenia

Male
7,848,500 AMD
Female -10%
7,115,800 AMD

Assistant Merchandise Planner Average Pay Raise in Armenia

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 Merchandise Planner in Armenia is around 8% every 27 months.

The national average pay raise across all professions and industries in Armenia is around 4% every 29 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 ÷ 27 ) × 12  = 4%

What this means is that an Assistant Merchandise Planner in Armenia can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Armenia for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Assistant Merchandise Planner Bonus and Incentive Rates in Armenia

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 Merchandise Planner is a low bonus based job, with 40% of employees reporting at least one bonus in the last 12 months.

60% 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
40%
No Bonus
60%

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 Armenia earn approximately 18% more than private sector employees in the same role.

Public Sector
9,863,700 AMD
Private Sector -18%
8,377,500 AMD

Salaries for Jobs Similar to an Assistant Merchandise Planner

In the table below, we have salary information for jobs that are similar to an Assistant Merchandise Planner in Armenia.

Job Title Category Salary
Assistant Business Development Manager Business Planning 13,079,500 AMD
Business Advisor Business Planning 11,856,900 AMD
Business Analyst Business Planning 11,844,700 AMD
Business Consultant Business Planning 11,664,700 AMD
Business Continuity Associate Business Planning 7,510,300 AMD
Business Developer Business Planning 7,271,300 AMD
Business Development Analyst Business Planning 8,305,400 AMD
Business Development Associate Business Planning 6,322,500 AMD
Business Development Coordinator Business Planning 6,480,800 AMD
Business Development Director Business Planning 16,320,700 AMD
Business Development Engineer Business Planning 9,205,400 AMD
Business Development Executive Business Planning 12,121,000 AMD
Business Development Manager Business Planning 15,001,200 AMD
Business Development Specialist Business Planning 11,365,600 AMD
Business Manager Business Planning 14,280,500 AMD
Business Operations Specialist Business Planning 11,833,900 AMD
Business Process Writer Business Planning 6,613,100 AMD
Business Systems Analyst Business Planning 11,447,200 AMD
Capacity Planner Business Planning 8,554,100 AMD
Capacity Planning Supervisor Business Planning 11,557,500 AMD
Change Communications Analyst Business Planning 11,014,300 AMD
Change Control Analyst Business Planning 11,389,900 AMD
Change Impact Analyst Business Planning 11,626,700 AMD
Contracts Executive Business Planning 11,664,700 AMD
Corporate Strategy Analyst Business Planning 12,121,000 AMD
Cost Control Engineer Business Planning 7,369,700 AMD
Cost Controller Business Planning 8,434,700 AMD
Cost Estimator Business Planning 8,123,400 AMD
Data Executive Business Planning 6,300,400 AMD
Data Manager Business Planning 8,891,600 AMD
Data Processing Manager Business Planning 10,258,100 AMD
Development Researcher Business Planning 9,276,800 AMD
Director of Business Development Business Planning 17,159,700 AMD
Director of Production Planning Business Planning 14,760,200 AMD
Due Diligence Analyst Business Planning 12,121,000 AMD
Estimating Manager Business Planning 13,441,600 AMD
General Manager Business Planning 14,280,500 AMD
Incident Handler Business Planning 8,218,100 AMD
Incident Specialist Business Planning 10,212,200 AMD
Lean Consultant Business Planning 8,868,100 AMD
Manager Business Planning 15,960,700 AMD
Marketing and Business Development Manager Business Planning 14,639,900 AMD
Materials Planner Business Planning 4,956,800 AMD
Merchandise Assistant Business Planning 5,111,100 AMD
Merchandise Controller Business Planning 5,172,800 AMD
Merchandise Planner Business Planning 5,017,100 AMD
Operations Analyst Business Planning 10,369,900 AMD
Operations Manager Business Planning 11,941,500 AMD
Operations Research Analyst Business Planning 7,510,300 AMD
Planning and Reporting Manager Business Planning 13,319,300 AMD
Planning Director Business Planning 15,118,700 AMD
Project Administrator Business Planning 7,583,100 AMD
Project Manager Business Planning 12,121,000 AMD
Project Planner Business Planning 7,499,500 AMD
Research Assistant Business Planning 6,552,400 AMD
Research Engineer Business Planning 7,259,000 AMD
Research Officer Business Planning 6,193,900 AMD
Risk Management Specialist Business Planning 10,894,900 AMD
Scholarship Coordinator Business Planning 6,073,300 AMD
Store Planner Business Planning 5,676,700 AMD
Strategy Director Business Planning 16,561,800 AMD
Top Research and Development Executive Business Planning 18,001,100 AMD

Salary Comparison by City

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

City Average Salary
Yerevan 9,361,300 AMD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Assistant Merchandise Planner Salary in Armenia for 2024". World Salaries. Accessed on April 16, 2024. https://worldsalaries.com/average-assistant-merchandise-planner-salary-in-armenia/.

  • "Average Assistant Merchandise Planner Salary in Armenia for 2024". World Salaries, https://worldsalaries.com/average-assistant-merchandise-planner-salary-in-armenia/. Accessed 16 April, 2024

  • Average Assistant Merchandise Planner Salary in Armenia for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-assistant-merchandise-planner-salary-in-armenia/.