Average Business Development Associate Salary in Rwanda for 2024

In this article, we will look at the average Business Development Associate salary for 2024 in Rwanda 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 Rwandan franc. To keep things simple, we are using the RWF currency code instead of the currency symbol Fr.

How Much Does a Business Development Associate Make in Rwanda?

A Business Development Associate working in Rwanda will typically earn around 5,315,900 RWF per year, and this can range from the lowest average salary of about 2,447,200 RWF to the highest average salary of 8,448,800 RWF.

Average Annual Salary
5,315,900 RWF
Average Monthly Salary
442,991 RWF

Lowest Annual Salary
2,447,200 RWF
Lowest Monthly Salary
203,933 RWF

Highest Annual Salary
8,448,800 RWF
Highest Monthly Salary
704,066 RWF

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

Business Development Associate 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 Business Development Associate Salaries in Rwanda

So we've looked at the average salaries a Business Development Associate will earn in Rwanda. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Development Associate can earn between 2,447,200 RWF and 8,448,800 RWF on average in Rwanda. 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 Business Development Associate in Rwanda is 5,735,900 RWF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 5,735,900 RWF, and 50% of the population earn more than 5,735,900 RWF.

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 Business Development Associate salary in Rwanda, 25% of the population are earning less than 3,685,200 RWF while 75% of the population earn more than 3,685,200 RWF.

75% of the population earn less than 7,669,900 RWF, and 25% of the population earn more than 7,669,900 RWF.

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.

Business Development Associate Salary by Experience Level in Rwanda

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 business development associate 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 Business Development Associate in Rwanda that has less than two years of experience can expect to earn somewhere in the region of 2,773,700 RWF.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Development Associate salary would increase to 3,706,100 RWF.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Development Associate, the average salary would be 5,471,700 RWF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 6,682,700 RWF.
  • 15 - 20 Years Experience. A Business Development Associate with 15 to 20 years of experience can earn an average of 7,285,700 RWF.
  • 20+ Years Experience. For a Business Development Associate with more than 20 years, the expected average salary increases to 7,882,800 RWF.

Average Salary by Experience Chart

0-2 Years
2,773,700 RWF
2-5 Years +34%
3,706,100 RWF
5-10 Years +48%
5,471,700 RWF
10-15 Years +22%
6,682,700 RWF
15-20 Years +9%
7,285,700 RWF
20+ Years +8%
7,882,800 RWF

Business Development Associate Salary by Education Level in Rwanda

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 Business Development Associate in Rwanda 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 Business Development Associate in Rwanda with a high school education can earn an average salary of 3,406,900 RWF.

  • Certificate or Diploma. A Business Development Associate in Rwanda with a certificate or diploma education can earn an average salary of 4,006,500 RWF.

  • Bachelor's Degree. A Business Development Associate in Rwanda with a bachelor's degree education can earn an average salary of 5,806,300 RWF.

  • Master's Degree. A Business Development Associate in Rwanda with a master's degree education can earn an average salary of 7,606,200 RWF.

Average Salary by Education Chart

High School
3,406,900 RWF
Certificate or Diploma +18%
4,006,500 RWF
Bachelor's Degree +45%
5,806,300 RWF
Master's Degree +31%
7,606,200 RWF

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 Rwanda is around 3,460,000 to 10,400,000 RWF 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.

Business Development Associate 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 Rwanda, a male business development associate will earn an average of 5,605,200 RWF, while a female business development associate will earn around 5,017,100 RWF.

This means that a male business development associate earns approximately 12% more than a female business development associate for performing the same job.

Average Salary by Gender Chart in Rwanda

Male
5,605,200 RWF
Female -12%
5,017,100 RWF

Business Development Associate Average Pay Raise in Rwanda

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 Business Development Associate in Rwanda is around 9% every 26 months.

The national average pay raise across all professions and industries in Rwanda 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 = ( 9 ÷ 26 ) × 12  = 4%

What this means is that a Business Development Associate in Rwanda can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Rwanda for 2024

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

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%

Business Development Associate Bonus and Incentive Rates in Rwanda

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 Business Development Associate is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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 5% to 9%.

Received Bonus
65%
No Bonus
35%

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

Public Sector
9,215,300 RWF
Private Sector -25%
7,393,200 RWF

Salaries for Jobs Similar to a Business Development Associate

In the table below, we have salary information for jobs that are similar to a Business Development Associate in Rwanda.

Job Title Category Salary
Assistant Business Development Manager Business Planning 10,357,200 RWF
Assistant Merchandise Planner Business Planning 6,048,900 RWF
Business Advisor Business Planning 9,576,900 RWF
Business Analyst Business Planning 10,258,100 RWF
Business Consultant Business Planning 9,792,100 RWF
Business Continuity Associate Business Planning 5,818,100 RWF
Business Developer Business Planning 6,300,400 RWF
Business Development Analyst Business Planning 7,416,400 RWF
Business Development Coordinator Business Planning 5,351,400 RWF
Business Development Director Business Planning 14,158,800 RWF
Business Development Engineer Business Planning 7,726,700 RWF
Business Development Executive Business Planning 9,899,400 RWF
Business Development Manager Business Planning 12,239,700 RWF
Business Development Specialist Business Planning 9,301,600 RWF
Business Manager Business Planning 11,389,900 RWF
Business Operations Specialist Business Planning 9,121,500 RWF
Business Process Writer Business Planning 5,698,400 RWF
Business Systems Analyst Business Planning 9,863,700 RWF
Capacity Planner Business Planning 6,754,900 RWF
Capacity Planning Supervisor Business Planning 8,833,600 RWF
Change Communications Analyst Business Planning 8,833,600 RWF
Change Control Analyst Business Planning 8,833,600 RWF
Change Impact Analyst Business Planning 9,684,600 RWF
Contracts Executive Business Planning 9,504,500 RWF
Corporate Strategy Analyst Business Planning 10,102,100 RWF
Cost Control Engineer Business Planning 6,552,400 RWF
Cost Controller Business Planning 7,271,300 RWF
Cost Estimator Business Planning 6,156,100 RWF
Data Executive Business Planning 5,209,200 RWF
Data Manager Business Planning 7,416,400 RWF
Data Processing Manager Business Planning 9,166,100 RWF
Development Researcher Business Planning 7,129,200 RWF
Director of Business Development Business Planning 14,158,800 RWF
Director of Production Planning Business Planning 12,121,000 RWF
Due Diligence Analyst Business Planning 10,608,800 RWF
Estimating Manager Business Planning 11,014,300 RWF
General Manager Business Planning 11,638,300 RWF
Incident Handler Business Planning 6,911,700 RWF
Incident Specialist Business Planning 8,316,900 RWF
Lean Consultant Business Planning 7,369,700 RWF
Manager Business Planning 12,600,600 RWF
Marketing and Business Development Manager Business Planning 11,399,200 RWF
Materials Planner Business Planning 4,369,800 RWF
Merchandise Assistant Business Planning 3,996,300 RWF
Merchandise Controller Business Planning 4,332,900 RWF
Merchandise Planner Business Planning 4,270,100 RWF
Operations Analyst Business Planning 8,554,100 RWF
Operations Manager Business Planning 10,009,300 RWF
Operations Research Analyst Business Planning 5,940,300 RWF
Planning and Reporting Manager Business Planning 10,258,100 RWF
Planning Director Business Planning 12,481,200 RWF
Project Administrator Business Planning 6,168,300 RWF
Project Manager Business Planning 9,695,200 RWF
Project Planner Business Planning 6,433,500 RWF
Research Assistant Business Planning 5,461,900 RWF
Research Engineer Business Planning 5,926,600 RWF
Research Officer Business Planning 4,777,400 RWF
Risk Management Specialist Business Planning 9,684,600 RWF
Scholarship Coordinator Business Planning 4,870,300 RWF
Store Planner Business Planning 4,943,500 RWF
Strategy Director Business Planning 13,319,300 RWF
Top Research and Development Executive Business Planning 14,038,300 RWF

Salary Comparison by City

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

City Average Salary
Kigali 5,605,200 RWF

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