Average Business Development Executive Salary in Mostar, Bosnia and Herzegovina for 2026

In this article, we will look at the average Business Development Executive salary for 2026 in Mostar 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 Bosnia and Herzegovina convertible mark. To keep things simple, we are using the BAM currency code instead of the currency symbol .

How Much Does a Business Development Executive Make in Mostar?

A Business Development Executive working in Mostar will typically earn around 34,480 BAM per year, and this can range from the lowest average salary of about 16,340 BAM to the highest average salary of 51,800 BAM.

Average Annual Salary34,480 BAM
Average Monthly Salary2,873 BAM
Average Lowest Salary16,340 BAM
Lowest Monthly Salary1,361 BAM
Average Highest Salary51,800 BAM
Highest Monthly Salary4,316 BAM

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

Business Development Executive 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 Executive Salaries in Mostar

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

Salary ranges

We already know that a Business Development Executive can earn between 16,340 BAM and 51,800 BAM on average in Mostar. 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 Executive in Mostar is 34,480 BAM. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 34,480 BAM, and 50% of the population earn more than 34,480 BAM.

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 Executive salary in Mostar, 25% of the population are earning less than 24,840 BAM while 75% of the population earn more than 24,840 BAM.

75% of the population earn less than 44,140 BAM, and 25% of the population earn more than 44,140 BAM.

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 Executive Salary by Experience Level in Mostar

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 Executive 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 Executive in Mostar that has less than two years of experience can expect to earn somewhere in the region of 21,100 BAM.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Development Executive salary would increase to 26,500 BAM.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Development Executive, the average salary would be 37,620 BAM.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 44,800 BAM.
  • 15 - 20 Years Experience. A Business Development Executive with 15 to 20 years of experience can earn an average of 47,760 BAM.
  • 20+ Years Experience. For a Business Development Executive with more than 20 years, the expected average salary increases to 50,020 BAM.

Average Salary by Experience Chart

0-2 Years-
21,100 BAM
2-5 Years+32%
26,500 BAM
5-10 Years+34%
37,620 BAM
10-15 Years+19%
44,800 BAM
15-20 Years+8%
47,760 BAM
20+ Years+7%
50,020 BAM

Business Development Executive Salary by Education Level in Mostar

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 Executive in Mostar 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 Executive in Mostar with a high school education can earn an average salary of 24,860 BAM.
  • Certificate or Diploma. A Business Development Executive in Mostar with a certificate or diploma education can earn an average salary of 27,560 BAM.
  • Bachelor's Degree. A Business Development Executive in Mostar with a bachelor's degree education can earn an average salary of 38,700 BAM.
  • Master's Degree. A Business Development Executive in Mostar with a master's degree education can earn an average salary of 50,020 BAM.

Average Salary by Education Chart

High School-
24,860 BAM
Certificate or Diploma+14%
27,560 BAM
Bachelor's Degree+36%
38,700 BAM
Master's Degree+26%
50,020 BAM

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 Bosnia and Herzegovina is around 11,500 to 34,500 BAM 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 Executive 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 Mostar, a male business development executive will earn an average of 34,380 BAM, while a female business development executive will earn around 31,520 BAM.

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

Average Salary by Gender Chart in Mostar

Male-
34,380 BAM
Female-9%
31,520 BAM

Business Development Executive Average Pay Raise in Mostar

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 Executive in Mostar is around 9% every 28 months.

The national average pay raise across all professions and industries in Bosnia and Herzegovina 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 = ( 9 ÷ 28 ) × 12  = 4%

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

Annual Pay Raise by Industry in Mostar for 2026

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

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 Executive Bonus and Incentive Rates in Mostar

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 Executive is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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-
67%
No Bonus-
33%

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 Bosnia and Herzegovina earn approximately 27% more than private sector employees in the same role.

Public Sector-
31,400 BAM
Private Sector-27%
24,800 BAM

Salaries for Jobs Similar to a Business Development Executive

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

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning37,740 BAM
Assistant Merchandise PlannerBusiness Planning21,380 BAM
Business AdvisorBusiness Planning34,540 BAM
Business AnalystBusiness Planning35,340 BAM
Business ConsultantBusiness Planning35,340 BAM
Business Continuity AssociateBusiness Planning21,020 BAM
Business DeveloperBusiness Planning21,980 BAM
Business Development AnalystBusiness Planning24,800 BAM
Business Development AssociateBusiness Planning19,200 BAM
Business Development CoordinatorBusiness Planning19,020 BAM
Business Development DirectorBusiness Planning49,300 BAM
Business Development EngineerBusiness Planning26,400 BAM
Business Development ManagerBusiness Planning43,260 BAM
Business Development SpecialistBusiness Planning31,340 BAM
Business ManagerBusiness Planning39,080 BAM
Business Operations SpecialistBusiness Planning31,040 BAM
Business Process WriterBusiness Planning19,860 BAM
Business Systems AnalystBusiness Planning36,940 BAM
Capacity PlannerBusiness Planning22,340 BAM
Capacity Planning SupervisorBusiness Planning30,700 BAM
Change Communications AnalystBusiness Planning34,080 BAM
Change Control AnalystBusiness Planning34,540 BAM
Change Impact AnalystBusiness Planning32,200 BAM
Contracts ExecutiveBusiness Planning35,520 BAM
Corporate Strategy AnalystBusiness Planning35,340 BAM
Cost Control EngineerBusiness Planning21,560 BAM
Cost ControllerBusiness Planning23,360 BAM
Cost EstimatorBusiness Planning19,940 BAM
Data ExecutiveBusiness Planning15,920 BAM
Data ManagerBusiness Planning24,720 BAM
Data Processing ManagerBusiness Planning31,080 BAM
Development ResearcherBusiness Planning25,720 BAM
Director of Business DevelopmentBusiness Planning48,200 BAM
Director of Production PlanningBusiness Planning41,980 BAM
Due Diligence AnalystBusiness Planning39,640 BAM
Estimating ManagerBusiness Planning38,680 BAM
General ManagerBusiness Planning41,700 BAM
Incident HandlerBusiness Planning23,140 BAM
Incident SpecialistBusiness Planning31,400 BAM
Lean ConsultantBusiness Planning27,040 BAM
ManagerBusiness Planning42,960 BAM
Marketing and Business Development ManagerBusiness Planning43,080 BAM
Materials PlannerBusiness Planning14,140 BAM
Merchandise AssistantBusiness Planning12,240 BAM
Merchandise ControllerBusiness Planning14,200 BAM
Merchandise PlannerBusiness Planning14,660 BAM
Operations AnalystBusiness Planning32,960 BAM
Operations ManagerBusiness Planning36,700 BAM
Operations Research AnalystBusiness Planning20,520 BAM
Planning DirectorBusiness Planning46,840 BAM
Planning and Reporting ManagerBusiness Planning39,960 BAM
Project AdministratorBusiness Planning21,560 BAM
Project ManagerBusiness Planning36,020 BAM
Project PlannerBusiness Planning21,380 BAM
Research AssistantBusiness Planning20,300 BAM
Research EngineerBusiness Planning20,000 BAM
Research OfficerBusiness Planning16,340 BAM
Risk Management SpecialistBusiness Planning31,180 BAM
Scholarship CoordinatorBusiness Planning17,560 BAM
Store PlannerBusiness Planning15,300 BAM
Strategy DirectorBusiness Planning48,160 BAM
Top Research and Development ExecutiveBusiness Planning52,380 BAM

Salary Comparison by City

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

CityAverage Salary
Banja Luka40,240 BAM
Medjugorje31,520 BAM
Sarajevo41,980 BAM
Tuzla33,980 BAM
Zenica37,620 BAM

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