Average Associate Account Director Salary in Mongolia for 2024

In this article, we will look at the average Associate Account Director salary for 2024 in Mongolia 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 Mongolian tögrög. To keep things simple, we are using the MNT currency code instead of the currency symbol ₮.

How Much Does an Associate Account Director Make in Mongolia?

An Associate Account Director working in Mongolia will typically earn around 27,721,300 MNT per year, and this can range from the lowest average salary of about 14,158,800 MNT to the highest average salary of 42,719,800 MNT.

Average Annual Salary
27,721,300 MNT
Average Monthly Salary
2,310,108 MNT

Lowest Annual Salary
14,158,800 MNT
Lowest Monthly Salary
1,179,900 MNT

Highest Annual Salary
42,719,800 MNT
Highest Monthly Salary
3,559,983 MNT

These are average salaries for an Associate Account Director in Mongolia and include benefits such as housing and transport. It's also possible for an Associate Account Director to earn more or less than the average salaries shown above.

Associate Account Director 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 Associate Account Director Salaries in Mongolia

So we've looked at the average salaries an Associate Account Director will earn in Mongolia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Associate Account Director can earn between 14,158,800 MNT and 42,719,800 MNT on average in Mongolia. 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 Associate Account Director in Mongolia is 27,241,100 MNT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 27,241,100 MNT, and 50% of the population earn more than 27,241,100 MNT.

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 Associate Account Director salary in Mongolia, 25% of the population are earning less than 18,598,500 MNT while 75% of the population earn more than 18,598,500 MNT.

75% of the population earn less than 34,319,800 MNT, and 25% of the population earn more than 34,319,800 MNT.

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.

Associate Account Director Salary by Experience Level in Mongolia

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 associate account director 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 Associate Account Director in Mongolia that has less than two years of experience can expect to earn somewhere in the region of 15,838,200 MNT.
  • 2 - 5 Years Experience. With two to five years of experience the average Associate Account Director salary would increase to 20,760,500 MNT.
  • 5 - 10 Years Experience. From five to ten years of experience as an Associate Account Director, the average salary would be 29,041,200 MNT.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 34,919,600 MNT.
  • 15 - 20 Years Experience. An Associate Account Director with 15 to 20 years of experience can earn an average of 37,919,200 MNT.
  • 20+ Years Experience. For an Associate Account Director with more than 20 years, the expected average salary increases to 40,921,600 MNT.

Average Salary by Experience Chart

0-2 Years
15,838,200 MNT
2-5 Years +31%
20,760,500 MNT
5-10 Years +40%
29,041,200 MNT
10-15 Years +20%
34,919,600 MNT
15-20 Years +9%
37,919,200 MNT
20+ Years +8%
40,921,600 MNT

Associate Account Director Salary by Education Level in Mongolia

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 Associate Account Director in Mongolia 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 Associate Account Director in Mongolia with a high school education can earn an average salary of 19,078,500 MNT.

  • Certificate or Diploma. An Associate Account Director in Mongolia with a certificate or diploma education can earn an average salary of 21,841,900 MNT.

  • Bachelor's Degree. An Associate Account Director in Mongolia with a bachelor's degree education can earn an average salary of 30,721,900 MNT.

  • Master's Degree. An Associate Account Director in Mongolia with a master's degree education can earn an average salary of 39,600,100 MNT.

Average Salary by Education Chart

High School
19,078,500 MNT
Certificate or Diploma +15%
21,841,900 MNT
Bachelor's Degree +41%
30,721,900 MNT
Master's Degree +29%
39,600,100 MNT

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 Mongolia is around 9,750,000 to 29,300,000 MNT 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.

Associate Account Director 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 Mongolia, a male associate account director will earn an average of 28,919,800 MNT, while a female associate account director will earn around 26,639,300 MNT.

This means that a male associate account director earns approximately 9% more than a female associate account director for performing the same job.

Average Salary by Gender Chart in Mongolia

Male
28,919,800 MNT
Female -9%
26,639,300 MNT

Associate Account Director Average Pay Raise in Mongolia

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 Associate Account Director in Mongolia is around 8% every 28 months.

The national average pay raise across all professions and industries in Mongolia 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 ÷ 28 ) × 12  = 3%

What this means is that an Associate Account Director in Mongolia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Mongolia for 2024

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

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%

Associate Account Director Bonus and Incentive Rates in Mongolia

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 Associate Account Director is a moderate bonus based job, with 62% of employees reporting at least one bonus in the last 12 months.

38% 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 8%.

Received Bonus
62%
No Bonus
38%

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

Public Sector
25,561,400 MNT
Private Sector -18%
21,719,900 MNT

Salaries for Jobs Similar to an Associate Account Director

In the table below, we have salary information for jobs that are similar to an Associate Account Director in Mongolia.

Job Title Category Salary
Account Coordinator Executive and Management 21,478,100 MNT
Account Director Executive and Management 25,919,400 MNT
Account Executive Executive and Management 27,721,300 MNT
Account Manager Executive and Management 25,679,100 MNT
Administration Manager Executive and Management 26,040,800 MNT
Administration Officer Executive and Management 14,519,400 MNT
Administration Supervisor Executive and Management 21,361,700 MNT
Administrative Clerk Executive and Management 10,956,400 MNT
Administrative Officer Executive and Management 10,716,600 MNT
Area Director Executive and Management 25,079,200 MNT
Area Manager Executive and Management 24,478,500 MNT
Asset Protection Associate Executive and Management 28,801,400 MNT
Assistant Director Executive and Management 25,919,400 MNT
Assistant General Manager Executive and Management 29,399,100 MNT
Assistant Manager Executive and Management 28,919,800 MNT
Assistant Managing Director Executive and Management 31,678,800 MNT
Assistant Operations Manager Executive and Management 30,961,800 MNT
Assistant Project Manager Executive and Management 26,280,300 MNT
Assistant Section Head Executive and Management 23,759,100 MNT
Assistant to CEO Executive and Management 24,239,000 MNT
Assistant Vice President Executive and Management 28,801,400 MNT
Associate Director Executive and Management 27,601,100 MNT
Bid Manager Executive and Management 31,800,300 MNT
Branch Manager Executive and Management 29,881,100 MNT
Business Development Manager Executive and Management 34,198,600 MNT
Business Operations Associate Executive and Management 27,841,200 MNT
Business Operations Lead Executive and Management 27,118,300 MNT
Campaign Manager Executive and Management 31,559,900 MNT
Catering Coordinator Executive and Management 16,320,700 MNT
Catering Manager Executive and Management 27,721,300 MNT
CEO Executive and Management 51,841,000 MNT
Chairman of The Board Executive and Management 52,681,700 MNT
Chairman Office Manager Executive and Management 32,639,300 MNT
Chief Commercial Officer Executive and Management 36,960,300 MNT
Chief Corporate Officer Executive and Management 40,679,700 MNT
Chief Executive Officer Executive and Management 54,600,600 MNT
Chief Financial Officer Executive and Management 46,319,900 MNT
Chief Investment Officer Executive and Management 39,960,800 MNT
Chief of Staff Executive and Management 23,759,100 MNT
Chief Operating Officer Executive and Management 38,641,600 MNT
Chief Risk Officer Executive and Management 33,001,000 MNT
Client Account Manager Executive and Management 32,161,000 MNT
Client Accounts Officer Executive and Management 25,561,400 MNT
Client Services Manager Executive and Management 34,919,600 MNT
Commercial Director Executive and Management 35,878,200 MNT
Commercial Manager Executive and Management 30,841,400 MNT
Commercial Project Manager Executive and Management 28,078,900 MNT
Commodity Broker Executive and Management 21,719,900 MNT
COO Executive and Management 40,559,300 MNT
Corporate Affairs Executive Executive and Management 29,881,100 MNT
Corporate Compliance Director Executive and Management 35,039,300 MNT
Corporate Director Executive and Management 34,679,400 MNT
Corporate Officer Executive and Management 23,759,100 MNT
Corporate Partnerships Officer Executive and Management 25,440,400 MNT
Country Manager Executive and Management 42,119,100 MNT
Department Head Executive and Management 33,360,800 MNT
Department Manager Executive and Management 31,559,900 MNT
Department Supervisor Executive and Management 28,439,500 MNT
Deputy Director Executive and Management 37,441,100 MNT
Deputy Manager Executive and Management 38,399,900 MNT
Director Executive and Management 39,960,800 MNT
Director of Accreditation Executive and Management 33,119,100 MNT
Director of Catering Services Executive and Management 31,081,900 MNT
Director of Client Services Executive and Management 33,481,400 MNT
Director of Facilities Management Executive and Management 29,761,800 MNT
Director of Operations Executive and Management 34,919,600 MNT
Director of Process Simplification Executive and Management 28,679,900 MNT
Director of Product Management Executive and Management 33,360,800 MNT
Director of Project Management Executive and Management 35,039,300 MNT
Director of Revenue Management Executive and Management 31,201,500 MNT
Director of Training and Development Executive and Management 34,441,600 MNT
Distribution Manager Executive and Management 34,799,800 MNT
Division Manager Executive and Management 30,721,900 MNT
Duty Manager Executive and Management 30,240,200 MNT
Engagement Manager Executive and Management 37,318,700 MNT
Executive Director Executive and Management 52,319,400 MNT
Executive Manager Executive and Management 43,198,900 MNT
Franchise Manager Executive and Management 44,280,500 MNT
General Manager Executive and Management 39,001,000 MNT
Global Master Data Manager Executive and Management 37,441,100 MNT
Global Technical Lead Executive and Management 23,159,200 MNT
Head of Investment Executive and Management 35,159,900 MNT
Head of Middle Office Executive and Management 34,078,800 MNT
Head of Projects Executive and Management 33,599,200 MNT
Head of Strategy Executive and Management 41,158,900 MNT
Head of Supply Chain Executive and Management 31,800,300 MNT
Head of Sustainability Executive and Management 30,360,800 MNT
Housing Manager Executive and Management 28,560,900 MNT
HSE Manager Executive and Management 28,679,900 MNT
Key Account Manager Executive and Management 30,600,900 MNT
Knowledge Manager Executive and Management 34,078,800 MNT
Location Manager Executive and Management 32,161,000 MNT
Logistics Executive Executive and Management 25,919,400 MNT
Logistics Manager Executive and Management 27,601,100 MNT
Management Consultant Executive and Management 27,721,300 MNT
Management Executive Executive and Management 39,358,400 MNT
Manager Executive and Management 34,679,400 MNT
Managing Director Executive and Management 43,800,600 MNT
MIS Executive Executive and Management 36,480,500 MNT
Ocean Services Manager Executive and Management 38,039,000 MNT
Operational Manager Executive and Management 37,919,200 MNT
Operations Analyst Executive and Management 31,201,500 MNT
Operations Assistant Executive and Management 25,440,400 MNT
Operations Director Executive and Management 39,001,000 MNT
Operations Executive Executive and Management 39,718,900 MNT
Operations Manager Executive and Management 40,321,500 MNT
Operations Supervisor Executive and Management 33,599,200 MNT
Planning Director Executive and Management 36,480,500 MNT
PMO Manager Executive and Management 31,678,800 MNT
Policy Administration Executive Executive and Management 28,439,500 MNT
Private Sector Executive Executive and Management 31,201,500 MNT
Product Development Manager Executive and Management 36,718,100 MNT
Product Executive Executive and Management 30,841,400 MNT
Production Executive Executive and Management 36,240,700 MNT
Production Manager Executive and Management 33,599,200 MNT
Production Supervisor Executive and Management 29,519,900 MNT
Program Director Executive and Management 37,318,700 MNT
Program Manager Executive and Management 37,919,200 MNT
Programme Coordinator Executive and Management 24,599,500 MNT
Project Control Manager Executive and Management 36,001,200 MNT
Project Coordinator Executive and Management 22,081,800 MNT
Project Management Officer Executive and Management 25,440,400 MNT
Project Manager Executive and Management 25,440,400 MNT
Project Portfolio Manager Executive and Management 27,241,100 MNT
Quality Manager Executive and Management 28,679,900 MNT
R/D Director Executive and Management 31,919,300 MNT
Regional Director Executive and Management 45,961,300 MNT
Regional Manager Executive and Management 37,561,000 MNT
Relationship Manager Executive and Management 34,679,400 MNT
Retail District Manager Executive and Management 24,239,000 MNT
Revenue Manager Executive and Management 28,919,800 MNT
Risk and Capital Manager Executive and Management 38,039,000 MNT
Risk Officer Executive and Management 26,520,600 MNT
Safety Manager Executive and Management 25,200,800 MNT
Section Head Executive and Management 25,561,400 MNT
Service Manager Executive and Management 29,161,000 MNT
Shift Supervisor Executive and Management 22,441,700 MNT
Solutions Manager Executive and Management 25,200,800 MNT
Supervisor Executive and Management 22,558,900 MNT
Supply Chain Manager Executive and Management 36,960,300 MNT
Surveyor Executive and Management 24,718,600 MNT
Technical Director Executive and Management 32,398,700 MNT
Technical Manager Executive and Management 32,639,300 MNT
Territory Manager Executive and Management 35,640,500 MNT
Validation Manager Executive and Management 31,201,500 MNT
Vice President Executive and Management 41,638,700 MNT
Zone Manager Executive and Management 37,441,100 MNT

Salary Comparison by City

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

City Average Salary
Ulan Bator 30,600,900 MNT

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