Average Business Development Specialist Salary in St. Martin, Bangladesh for 2026

In this article, we will look at the average Business Development Specialist salary for 2026 in St. Martin 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 Bangladeshi taka. To keep things simple, we are using the BDT currency code instead of the currency symbol .

How Much Does a Business Development Specialist Make in St. Martin?

A Business Development Specialist working in St. Martin will typically earn around 327,300 BDT per year, and this can range from the lowest average salary of about 168,100 BDT to the highest average salary of 504,300 BDT.

Average Annual Salary327,300 BDT
Average Monthly Salary27,275 BDT
Average Lowest Salary168,100 BDT
Lowest Monthly Salary14,008 BDT
Average Highest Salary504,300 BDT
Highest Monthly Salary42,025 BDT

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

Business Development Specialist 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 Specialist Salaries in St. Martin

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

Salary ranges

We already know that a Business Development Specialist can earn between 168,100 BDT and 504,300 BDT on average in St. Martin. 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 Specialist in St. Martin is 320,500 BDT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 320,500 BDT, and 50% of the population earn more than 320,500 BDT.

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 Specialist salary in St. Martin, 25% of the population are earning less than 221,500 BDT while 75% of the population earn more than 221,500 BDT.

75% of the population earn less than 404,600 BDT, and 25% of the population earn more than 404,600 BDT.

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 Specialist Salary by Experience Level in St. Martin

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 Specialist 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 Specialist in St. Martin that has less than two years of experience can expect to earn somewhere in the region of 187,300 BDT.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Development Specialist salary would increase to 245,300 BDT.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Development Specialist, the average salary would be 341,900 BDT.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 414,000 BDT.
  • 15 - 20 Years Experience. A Business Development Specialist with 15 to 20 years of experience can earn an average of 448,500 BDT.
  • 20+ Years Experience. For a Business Development Specialist with more than 20 years, the expected average salary increases to 483,800 BDT.

Average Salary by Experience Chart

0-2 Years-
187,300 BDT
2-5 Years+31%
245,300 BDT
5-10 Years+40%
341,900 BDT
10-15 Years+20%
414,000 BDT
15-20 Years+9%
448,500 BDT
20+ Years+8%
483,800 BDT

Business Development Specialist Salary by Education Level in St. Martin

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 Specialist in St. Martin 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 Specialist in St. Martin with a high school education can earn an average salary of 225,700 BDT.
  • Certificate or Diploma. A Business Development Specialist in St. Martin with a certificate or diploma education can earn an average salary of 259,100 BDT.
  • Bachelor's Degree. A Business Development Specialist in St. Martin with a bachelor's degree education can earn an average salary of 365,400 BDT.
  • Master's Degree. A Business Development Specialist in St. Martin with a master's degree education can earn an average salary of 467,100 BDT.

Average Salary by Education Chart

High School-
225,700 BDT
Certificate or Diploma+15%
259,100 BDT
Bachelor's Degree+41%
365,400 BDT
Master's Degree+29%
467,100 BDT

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 Bangladesh is around 130,000 to 390,000 BDT 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 Specialist 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 St. Martin, a male business development specialist will earn an average of 394,800 BDT, while a female business development specialist will earn around 325,800 BDT.

This means that a male business development specialist earns approximately 21% more than a female business development specialist for performing the same job.

Average Salary by Gender Chart in St. Martin

Male-
394,800 BDT
Female-21%
325,800 BDT

Business Development Specialist Average Pay Raise in St. Martin

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 Specialist in St. Martin is around 10% every 27 months.

The national average pay raise across all professions and industries in Bangladesh 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 = ( 10 ÷ 27 ) × 12  = 4%

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

Annual Pay Raise by Industry in St. Martin for 2026

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

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 Specialist Bonus and Incentive Rates in St. Martin

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 Specialist is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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-
66%
No Bonus-
34%

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

Public Sector-
345,700 BDT
Private Sector-25%
277,400 BDT

Salaries for Jobs Similar to a Business Development Specialist

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

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning411,400 BDT
Assistant Merchandise PlannerBusiness Planning254,800 BDT
Business AdvisorBusiness Planning397,900 BDT
Business AnalystBusiness Planning401,300 BDT
Business ConsultantBusiness Planning398,300 BDT
Business Continuity AssociateBusiness Planning245,300 BDT
Business DeveloperBusiness Planning245,300 BDT
Business Development AnalystBusiness Planning277,400 BDT
Business Development AssociateBusiness Planning215,100 BDT
Business Development CoordinatorBusiness Planning209,700 BDT
Business Development DirectorBusiness Planning552,400 BDT
Business Development EngineerBusiness Planning314,500 BDT
Business Development ExecutiveBusiness Planning417,200 BDT
Business Development ManagerBusiness Planning518,900 BDT
Business ManagerBusiness Planning457,300 BDT
Business Operations SpecialistBusiness Planning381,800 BDT
Business Process WriterBusiness Planning221,500 BDT
Business Systems AnalystBusiness Planning381,800 BDT
Capacity PlannerBusiness Planning267,100 BDT
Capacity Planning SupervisorBusiness Planning363,000 BDT
Change Communications AnalystBusiness Planning362,200 BDT
Change Control AnalystBusiness Planning376,800 BDT
Change Impact AnalystBusiness Planning385,300 BDT
Contracts ExecutiveBusiness Planning399,900 BDT
Corporate Strategy AnalystBusiness Planning401,300 BDT
Cost Control EngineerBusiness Planning243,000 BDT
Cost ControllerBusiness Planning281,500 BDT
Cost EstimatorBusiness Planning247,800 BDT
Data ExecutiveBusiness Planning204,000 BDT
Data ManagerBusiness Planning296,000 BDT
Data Processing ManagerBusiness Planning345,100 BDT
Development ResearcherBusiness Planning299,500 BDT
Director of Business DevelopmentBusiness Planning552,400 BDT
Director of Production PlanningBusiness Planning472,000 BDT
Due Diligence AnalystBusiness Planning420,800 BDT
Estimating ManagerBusiness Planning428,400 BDT
General ManagerBusiness Planning491,000 BDT
Incident HandlerBusiness Planning281,500 BDT
Incident SpecialistBusiness Planning352,000 BDT
Lean ConsultantBusiness Planning294,700 BDT
ManagerBusiness Planning544,800 BDT
Marketing and Business Development ManagerBusiness Planning485,300 BDT
Materials PlannerBusiness Planning174,000 BDT
Merchandise AssistantBusiness Planning172,200 BDT
Merchandise ControllerBusiness Planning172,200 BDT
Merchandise PlannerBusiness Planning180,300 BDT
Operations AnalystBusiness Planning369,300 BDT
Operations ManagerBusiness Planning404,600 BDT
Operations Research AnalystBusiness Planning237,400 BDT
Planning DirectorBusiness Planning491,000 BDT
Planning and Reporting ManagerBusiness Planning430,500 BDT
Project AdministratorBusiness Planning261,300 BDT
Project ManagerBusiness Planning394,500 BDT
Project PlannerBusiness Planning246,500 BDT
Research AssistantBusiness Planning216,800 BDT
Research EngineerBusiness Planning253,400 BDT
Research OfficerBusiness Planning197,600 BDT
Risk Management SpecialistBusiness Planning361,600 BDT
Scholarship CoordinatorBusiness Planning197,600 BDT
Store PlannerBusiness Planning196,800 BDT
Strategy DirectorBusiness Planning553,800 BDT
Top Research and Development ExecutiveBusiness Planning605,700 BDT

Salary Comparison by City

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

CityAverage Salary
Barisal362,200 BDT
Bogra367,200 BDT
Chandpur352,000 BDT
Chittagong389,200 BDT
Coxs Bazar359,900 BDT
Dhaka413,900 BDT
Jamalpur335,800 BDT
Jessore369,300 BDT
Khulna409,000 BDT
Rajshahi397,900 BDT
Sylhet369,900 BDT

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