Average Business Development Director Salary in Belgium for 2024

In this article, we will look at the average Business Development Director salary for 2024 in Belgium 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does a Business Development Director Make in Belgium?

A Business Development Director working in Belgium will typically earn around 125,700 EUR per year, and this can range from the lowest average salary of about 57,620 EUR to the highest average salary of 201,100 EUR.

Average Annual Salary
125,700 EUR
Average Monthly Salary
10,475 EUR

Lowest Annual Salary
57,620 EUR
Lowest Monthly Salary
4,801 EUR

Highest Annual Salary
201,100 EUR
Highest Monthly Salary
16,758 EUR

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

Business Development 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 Business Development Director Salaries in Belgium

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

Salary ranges

We already know that a Business Development Director can earn between 57,620 EUR and 201,100 EUR on average in Belgium. 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 Director in Belgium is 137,400 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 137,400 EUR, and 50% of the population earn more than 137,400 EUR.

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 Director salary in Belgium, 25% of the population are earning less than 86,640 EUR while 75% of the population earn more than 86,640 EUR.

75% of the population earn less than 183,600 EUR, and 25% of the population earn more than 183,600 EUR.

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 Director Salary by Experience Level in Belgium

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 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. A Business Development Director in Belgium that has less than two years of experience can expect to earn somewhere in the region of 66,440 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Development Director salary would increase to 87,040 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Development Director, the average salary would be 128,900 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 159,400 EUR.
  • 15 - 20 Years Experience. A Business Development Director with 15 to 20 years of experience can earn an average of 172,200 EUR.
  • 20+ Years Experience. For a Business Development Director with more than 20 years, the expected average salary increases to 189,300 EUR.

Average Salary by Experience Chart

0-2 Years
66,440 EUR
2-5 Years +34%
87,040 EUR
5-10 Years +48%
128,900 EUR
10-15 Years +22%
159,400 EUR
15-20 Years +9%
172,200 EUR
20+ Years +8%
189,300 EUR

Business Development Director Salary by Education Level in Belgium

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 Director in Belgium based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Business Development Director in Belgium with a certificate or diploma education can earn an average salary of 74,380 EUR.

  • Bachelor's Degree. A Business Development Director in Belgium with a bachelor's degree education can earn an average salary of 118,060 EUR.

  • Master's Degree. A Business Development Director in Belgium with a master's degree education can earn an average salary of 197,600 EUR.

Average Salary by Education Chart

Certificate or Diploma
74,380 EUR
Bachelor's Degree +57%
118,060 EUR
Master's Degree +68%
197,600 EUR

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 Belgium is around 30,700 to 92,200 EUR 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 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 Belgium, a male business development director will earn an average of 128,900 EUR, while a female business development director will earn around 123,400 EUR.

This means that a male business development director earns approximately 4% more than a female business development director for performing the same job.

Average Salary by Gender Chart in Belgium

Male
128,900 EUR
Female -4%
123,400 EUR

Business Development Director Average Pay Raise in Belgium

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 Director in Belgium is around 14% every 17 months.

The national average pay raise across all professions and industries in Belgium is around 8% 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 ÷ 17 ) × 12  = 10%

What this means is that a Business Development Director in Belgium can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Belgium for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Business Development Director Bonus and Incentive Rates in Belgium

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 Director is a high bonus based job, with 87% of employees reporting at least one bonus in the last 12 months.

13% 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
87%
No Bonus
13%

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 Belgium earn approximately 8% more than private sector employees in the same role.

Public Sector
76,540 EUR
Private Sector -8%
70,600 EUR

Salaries for Jobs Similar to a Business Development Director

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

Job Title Category Salary
Assistant Business Development Manager Business Planning 96,980 EUR
Assistant Merchandise Planner Business Planning 61,840 EUR
Business Advisor Business Planning 89,980 EUR
Business Analyst Business Planning 93,340 EUR
Business Consultant Business Planning 92,880 EUR
Business Continuity Associate Business Planning 57,900 EUR
Business Developer Business Planning 61,400 EUR
Business Development Analyst Business Planning 65,080 EUR
Business Development Associate Business Planning 53,600 EUR
Business Development Coordinator Business Planning 50,180 EUR
Business Development Engineer Business Planning 72,740 EUR
Business Development Executive Business Planning 98,000 EUR
Business Development Manager Business Planning 112,760 EUR
Business Development Specialist Business Planning 86,740 EUR
Business Manager Business Planning 107,580 EUR
Business Operations Specialist Business Planning 91,580 EUR
Business Process Writer Business Planning 56,460 EUR
Business Systems Analyst Business Planning 96,600 EUR
Capacity Planner Business Planning 64,560 EUR
Capacity Planning Supervisor Business Planning 84,740 EUR
Change Communications Analyst Business Planning 86,460 EUR
Change Control Analyst Business Planning 87,040 EUR
Change Impact Analyst Business Planning 92,400 EUR
Contracts Executive Business Planning 91,840 EUR
Corporate Strategy Analyst Business Planning 94,380 EUR
Cost Control Engineer Business Planning 64,040 EUR
Cost Controller Business Planning 73,040 EUR
Cost Estimator Business Planning 60,600 EUR
Data Executive Business Planning 50,020 EUR
Data Manager Business Planning 69,060 EUR
Data Processing Manager Business Planning 82,480 EUR
Development Researcher Business Planning 71,400 EUR
Director of Business Development Business Planning 134,600 EUR
Director of Production Planning Business Planning 113,560 EUR
Due Diligence Analyst Business Planning 96,720 EUR
Estimating Manager Business Planning 97,900 EUR
General Manager Business Planning 113,420 EUR
Incident Handler Business Planning 67,020 EUR
Incident Specialist Business Planning 82,920 EUR
Lean Consultant Business Planning 72,420 EUR
Manager Business Planning 123,400 EUR
Marketing and Business Development Manager Business Planning 112,660 EUR
Materials Planner Business Planning 45,600 EUR
Merchandise Assistant Business Planning 38,780 EUR
Merchandise Controller Business Planning 40,640 EUR
Merchandise Planner Business Planning 43,760 EUR
Operations Analyst Business Planning 80,060 EUR
Operations Manager Business Planning 96,600 EUR
Operations Research Analyst Business Planning 58,200 EUR
Planning and Reporting Manager Business Planning 96,520 EUR
Planning Director Business Planning 113,700 EUR
Project Administrator Business Planning 63,320 EUR
Project Manager Business Planning 95,620 EUR
Project Planner Business Planning 60,020 EUR
Research Assistant Business Planning 53,160 EUR
Research Engineer Business Planning 59,000 EUR
Research Officer Business Planning 49,200 EUR
Risk Management Specialist Business Planning 90,980 EUR
Scholarship Coordinator Business Planning 48,640 EUR
Store Planner Business Planning 50,080 EUR
Strategy Director Business Planning 119,500 EUR
Top Research and Development Executive Business Planning 129,000 EUR

Salary Comparison by City

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

City Average Salary
Antwerp 138,200 EUR
Brugge (Bruges) 119,900 EUR
Brussel 124,400 EUR
Charleroi 134,600 EUR
Gent (Ghent) 139,100 EUR
Leuven 116,180 EUR
Liege 130,400 EUR
Namur 123,400 EUR

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