Average Business Operations Associate Salary in Sri Lanka for 2024

In this article, we will look at the average Business Operations Associate salary for 2024 in Sri Lanka 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 Sri Lankan rupee. To keep things simple, we are using the LKR currency code instead of the currency symbol Rs රු.

How Much Does a Business Operations Associate Make in Sri Lanka?

A Business Operations Associate working in Sri Lanka will typically earn around 1,273,300 LKR per year, and this can range from the lowest average salary of about 663,100 LKR to the highest average salary of 1,955,300 LKR.

Average Annual Salary
1,273,300 LKR
Average Monthly Salary
106,108 LKR

Lowest Annual Salary
663,100 LKR
Lowest Monthly Salary
55,258 LKR

Highest Annual Salary
1,955,300 LKR
Highest Monthly Salary
162,941 LKR

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

Business Operations 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 Operations Associate Salaries in Sri Lanka

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

Salary ranges

We already know that a Business Operations Associate can earn between 663,100 LKR and 1,955,300 LKR on average in Sri Lanka. 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 Operations Associate in Sri Lanka is 1,224,800 LKR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,224,800 LKR, and 50% of the population earn more than 1,224,800 LKR.

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 Operations Associate salary in Sri Lanka, 25% of the population are earning less than 851,200 LKR while 75% of the population earn more than 851,200 LKR.

75% of the population earn less than 1,524,300 LKR, and 25% of the population earn more than 1,524,300 LKR.

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 Operations Associate Salary by Experience Level in Sri Lanka

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 operations 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 Operations Associate in Sri Lanka that has less than two years of experience can expect to earn somewhere in the region of 752,600 LKR.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Operations Associate salary would increase to 1,011,500 LKR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Operations Associate, the average salary would be 1,320,500 LKR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,594,500 LKR.
  • 15 - 20 Years Experience. A Business Operations Associate with 15 to 20 years of experience can earn an average of 1,741,800 LKR.
  • 20+ Years Experience. For a Business Operations Associate with more than 20 years, the expected average salary increases to 1,835,700 LKR.

Average Salary by Experience Chart

0-2 Years
752,600 LKR
2-5 Years +34%
1,011,500 LKR
5-10 Years +30%
1,320,500 LKR
10-15 Years +21%
1,594,500 LKR
15-20 Years +9%
1,741,800 LKR
20+ Years +5%
1,835,700 LKR

Business Operations Associate Salary by Education Level in Sri Lanka

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 Operations Associate in Sri Lanka 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 Operations Associate in Sri Lanka with a high school education can earn an average salary of 907,100 LKR.

  • Certificate or Diploma. A Business Operations Associate in Sri Lanka with a certificate or diploma education can earn an average salary of 1,038,700 LKR.

  • Bachelor's Degree. A Business Operations Associate in Sri Lanka with a bachelor's degree education can earn an average salary of 1,464,200 LKR.

  • Master's Degree. A Business Operations Associate in Sri Lanka with a master's degree education can earn an average salary of 1,777,700 LKR.

Average Salary by Education Chart

High School
907,100 LKR
Certificate or Diploma +14%
1,038,700 LKR
Bachelor's Degree +41%
1,464,200 LKR
Master's Degree +21%
1,777,700 LKR

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 Sri Lanka is around 449,000 to 1,350,000 LKR 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 Operations 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 Sri Lanka, a male business operations associate will earn an average of 1,357,900 LKR, while a female business operations associate will earn around 1,224,800 LKR.

This means that a male business operations associate earns approximately 11% more than a female business operations associate for performing the same job.

Average Salary by Gender Chart in Sri Lanka

Male
1,357,900 LKR
Female -11%
1,224,800 LKR

Business Operations Associate Average Pay Raise in Sri Lanka

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 Operations Associate in Sri Lanka is around 13% every 16 months.

The national average pay raise across all professions and industries in Sri Lanka is around 9% 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 = ( 13 ÷ 16 ) × 12  = 10%

What this means is that a Business Operations Associate in Sri Lanka can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Sri Lanka for 2024

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

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

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

Business Operations Associate Bonus and Incentive Rates in Sri Lanka

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 Operations Associate is a moderate bonus based job, with 52% of employees reporting at least one bonus in the last 12 months.

48% 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 3% to 5%.

Received Bonus
52%
No Bonus
48%

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

Public Sector
1,109,200 LKR
Private Sector -8%
1,031,200 LKR

Salaries for Jobs Similar to a Business Operations Associate

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

Job Title Category Salary
Account Coordinator Executive and Management 1,057,100 LKR
Account Director Executive and Management 1,224,800 LKR
Account Executive Executive and Management 1,306,100 LKR
Account Manager Executive and Management 1,198,300 LKR
Administration Manager Executive and Management 1,306,100 LKR
Administration Officer Executive and Management 704,300 LKR
Administration Supervisor Executive and Management 996,600 LKR
Administrative Clerk Executive and Management 501,400 LKR
Administrative Officer Executive and Management 480,300 LKR
Area Director Executive and Management 1,134,800 LKR
Area Manager Executive and Management 1,187,900 LKR
Asset Protection Associate Executive and Management 1,357,900 LKR
Assistant Director Executive and Management 1,249,900 LKR
Assistant General Manager Executive and Management 1,306,100 LKR
Assistant Manager Executive and Management 1,417,600 LKR
Assistant Managing Director Executive and Management 1,547,500 LKR
Assistant Operations Manager Executive and Management 1,428,800 LKR
Assistant Project Manager Executive and Management 1,345,400 LKR
Assistant Section Head Executive and Management 1,122,300 LKR
Assistant to CEO Executive and Management 1,192,400 LKR
Assistant Vice President Executive and Management 1,380,400 LKR
Associate Account Director Executive and Management 1,259,300 LKR
Associate Director Executive and Management 1,306,100 LKR
Bid Manager Executive and Management 1,428,800 LKR
Branch Manager Executive and Management 1,417,600 LKR
Business Development Manager Executive and Management 1,606,100 LKR
Business Operations Lead Executive and Management 1,320,500 LKR
Campaign Manager Executive and Management 1,510,400 LKR
Catering Coordinator Executive and Management 814,500 LKR
Catering Manager Executive and Management 1,249,900 LKR
CEO Executive and Management 2,593,900 LKR
Chairman of The Board Executive and Management 2,352,500 LKR
Chairman Office Manager Executive and Management 1,560,800 LKR
Chief Commercial Officer Executive and Management 1,811,000 LKR
Chief Corporate Officer Executive and Management 2,038,500 LKR
Chief Executive Officer Executive and Management 2,485,800 LKR
Chief Financial Officer Executive and Management 2,254,400 LKR
Chief Investment Officer Executive and Management 1,921,500 LKR
Chief of Staff Executive and Management 1,212,800 LKR
Chief Operating Officer Executive and Management 1,870,400 LKR
Chief Risk Officer Executive and Management 1,655,500 LKR
Client Account Manager Executive and Management 1,440,700 LKR
Client Accounts Officer Executive and Management 1,224,800 LKR
Client Services Manager Executive and Management 1,560,800 LKR
Commercial Director Executive and Management 1,788,300 LKR
Commercial Manager Executive and Management 1,476,700 LKR
Commercial Project Manager Executive and Management 1,417,600 LKR
Commodity Broker Executive and Management 1,077,700 LKR
COO Executive and Management 1,955,300 LKR
Corporate Affairs Executive Executive and Management 1,570,900 LKR
Corporate Compliance Director Executive and Management 1,632,100 LKR
Corporate Director Executive and Management 1,716,600 LKR
Corporate Officer Executive and Management 1,172,800 LKR
Corporate Partnerships Officer Executive and Management 1,157,300 LKR
Country Manager Executive and Management 1,882,700 LKR
Department Head Executive and Management 1,560,800 LKR
Department Manager Executive and Management 1,570,900 LKR
Department Supervisor Executive and Management 1,357,900 LKR
Deputy Director Executive and Management 1,777,700 LKR
Deputy Manager Executive and Management 1,703,200 LKR
Director Executive and Management 1,858,200 LKR
Director of Accreditation Executive and Management 1,678,300 LKR
Director of Catering Services Executive and Management 1,510,400 LKR
Director of Client Services Executive and Management 1,668,900 LKR
Director of Facilities Management Executive and Management 1,391,600 LKR
Director of Operations Executive and Management 1,678,300 LKR
Director of Process Simplification Executive and Management 1,259,300 LKR
Director of Product Management Executive and Management 1,621,400 LKR
Director of Project Management Executive and Management 1,703,200 LKR
Director of Revenue Management Executive and Management 1,487,200 LKR
Director of Training and Development Executive and Management 1,645,600 LKR
Distribution Manager Executive and Management 1,765,300 LKR
Division Manager Executive and Management 1,476,700 LKR
Duty Manager Executive and Management 1,391,600 LKR
Engagement Manager Executive and Management 1,788,300 LKR
Executive Director Executive and Management 2,557,100 LKR
Executive Manager Executive and Management 1,955,300 LKR
Franchise Manager Executive and Management 2,052,200 LKR
General Manager Executive and Management 2,026,800 LKR
Global Master Data Manager Executive and Management 1,788,300 LKR
Global Technical Lead Executive and Management 1,198,300 LKR
Head of Investment Executive and Management 1,693,600 LKR
Head of Middle Office Executive and Management 1,570,900 LKR
Head of Projects Executive and Management 1,632,100 LKR
Head of Strategy Executive and Management 1,858,200 LKR
Head of Supply Chain Executive and Management 1,524,300 LKR
Head of Sustainability Executive and Management 1,405,700 LKR
Housing Manager Executive and Management 1,283,600 LKR
HSE Manager Executive and Management 1,428,800 LKR
Key Account Manager Executive and Management 1,450,700 LKR
Knowledge Manager Executive and Management 1,560,800 LKR
Location Manager Executive and Management 1,524,300 LKR
Logistics Executive Executive and Management 1,283,600 LKR
Logistics Manager Executive and Management 1,333,900 LKR
Management Consultant Executive and Management 1,380,400 LKR
Management Executive Executive and Management 1,728,900 LKR
Manager Executive and Management 1,655,500 LKR
Managing Director Executive and Management 2,100,900 LKR
MIS Executive Executive and Management 1,678,300 LKR
Ocean Services Manager Executive and Management 1,800,200 LKR
Operational Manager Executive and Management 1,751,700 LKR
Operations Analyst Executive and Management 1,464,200 LKR
Operations Assistant Executive and Management 1,224,800 LKR
Operations Director Executive and Management 1,846,200 LKR
Operations Executive Executive and Management 1,835,700 LKR
Operations Manager Executive and Management 1,858,200 LKR
Operations Supervisor Executive and Management 1,560,800 LKR
Planning Director Executive and Management 1,858,200 LKR
PMO Manager Executive and Management 1,537,500 LKR
Policy Administration Executive Executive and Management 1,417,600 LKR
Private Sector Executive Executive and Management 1,440,700 LKR
Product Development Manager Executive and Management 1,693,600 LKR
Product Executive Executive and Management 1,524,300 LKR
Production Executive Executive and Management 1,606,100 LKR
Production Manager Executive and Management 1,655,500 LKR
Production Supervisor Executive and Management 1,487,200 LKR
Program Director Executive and Management 1,765,300 LKR
Program Manager Executive and Management 1,728,900 LKR
Programme Coordinator Executive and Management 1,249,900 LKR
Project Control Manager Executive and Management 1,800,200 LKR
Project Coordinator Executive and Management 1,030,200 LKR
Project Management Officer Executive and Management 1,162,300 LKR
Project Manager Executive and Management 1,198,300 LKR
Project Portfolio Manager Executive and Management 1,320,500 LKR
Quality Manager Executive and Management 1,296,900 LKR
R/D Director Executive and Management 1,476,700 LKR
Regional Director Executive and Management 2,221,600 LKR
Regional Manager Executive and Management 1,668,900 LKR
Relationship Manager Executive and Management 1,606,100 LKR
Retail District Manager Executive and Management 1,196,300 LKR
Revenue Manager Executive and Management 1,333,900 LKR
Risk and Capital Manager Executive and Management 1,942,700 LKR
Risk Officer Executive and Management 1,296,900 LKR
Safety Manager Executive and Management 1,320,500 LKR
Section Head Executive and Management 1,259,300 LKR
Service Manager Executive and Management 1,369,700 LKR
Shift Supervisor Executive and Management 991,100 LKR
Solutions Manager Executive and Management 1,153,300 LKR
Supervisor Executive and Management 1,004,600 LKR
Supply Chain Manager Executive and Management 1,741,800 LKR
Surveyor Executive and Management 1,196,300 LKR
Technical Director Executive and Management 1,583,700 LKR
Technical Manager Executive and Management 1,668,900 LKR
Territory Manager Executive and Management 1,583,700 LKR
Validation Manager Executive and Management 1,417,600 LKR
Vice President Executive and Management 1,980,600 LKR
Zone Manager Executive and Management 1,716,600 LKR

Salary Comparison by City

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

City Average Salary
Colombo 1,428,800 LKR

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