Average Corporate Strategy Analyst Salary in Bahrain for 2024

In this article, we will look at the average Corporate Strategy Analyst salary for 2024 in Bahrain 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 Bahraini dinar. To keep things simple, we are using the BHD currency code instead of the currency symbol .د.ب.

How Much Does a Corporate Strategy Analyst Make in Bahrain?

A Corporate Strategy Analyst working in Bahrain will typically earn around 20,460 BHD per year, and this can range from the lowest average salary of about 9,960 BHD to the highest average salary of 35,340 BHD.

Average Annual Salary
20,460 BHD
Average Monthly Salary
1,705 BHD

Lowest Annual Salary
9,960 BHD
Lowest Monthly Salary
830 BHD

Highest Annual Salary
35,340 BHD
Highest Monthly Salary
2,945 BHD

These are average salaries for a Corporate Strategy Analyst in Bahrain and include benefits such as housing and transport. It's also possible for a Corporate Strategy Analyst to earn more or less than the average salaries shown above.

Corporate Strategy Analyst 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 Corporate Strategy Analyst Salaries in Bahrain

So we've looked at the average salaries a Corporate Strategy Analyst will earn in Bahrain. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Corporate Strategy Analyst can earn between 9,960 BHD and 35,340 BHD on average in Bahrain. 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 Corporate Strategy Analyst in Bahrain is 21,300 BHD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 21,300 BHD, and 50% of the population earn more than 21,300 BHD.

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 Corporate Strategy Analyst salary in Bahrain, 25% of the population are earning less than 13,100 BHD while 75% of the population earn more than 13,100 BHD.

75% of the population earn less than 28,860 BHD, and 25% of the population earn more than 28,860 BHD.

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.

Corporate Strategy Analyst Salary by Experience Level in Bahrain

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 corporate strategy analyst 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 Corporate Strategy Analyst in Bahrain that has less than two years of experience can expect to earn somewhere in the region of 13,060 BHD.
  • 2 - 5 Years Experience. With two to five years of experience the average Corporate Strategy Analyst salary would increase to 15,700 BHD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Corporate Strategy Analyst, the average salary would be 22,420 BHD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 26,400 BHD.
  • 15 - 20 Years Experience. A Corporate Strategy Analyst with 15 to 20 years of experience can earn an average of 30,700 BHD.
  • 20+ Years Experience. For a Corporate Strategy Analyst with more than 20 years, the expected average salary increases to 31,980 BHD.

Average Salary by Experience Chart

0-2 Years
13,060 BHD
2-5 Years +42%
15,700 BHD
5-10 Years +31%
22,420 BHD
10-15 Years +23%
26,400 BHD
15-20 Years +6%
30,700 BHD
20+ Years +10%
31,980 BHD

Corporate Strategy Analyst Salary by Education Level in Bahrain

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 Corporate Strategy Analyst in Bahrain 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 Corporate Strategy Analyst in Bahrain with a high school education can earn an average salary of 17,260 BHD.

  • Certificate or Diploma. A Corporate Strategy Analyst in Bahrain with a certificate or diploma education can earn an average salary of 16,140 BHD.

  • Bachelor's Degree. A Corporate Strategy Analyst in Bahrain with a bachelor's degree education can earn an average salary of 24,200 BHD.

  • Master's Degree. A Corporate Strategy Analyst in Bahrain with a master's degree education can earn an average salary of 32,200 BHD.

Average Salary by Education Chart

High School
17,260 BHD
Certificate or Diploma +16%
16,140 BHD
Bachelor's Degree +46%
24,200 BHD
Master's Degree +23%
32,200 BHD

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 Bahrain is around 7,390 to 22,200 BHD 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.

Corporate Strategy Analyst 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 Bahrain, a male corporate strategy analyst will earn an average of 22,420 BHD, while a female corporate strategy analyst will earn around 21,560 BHD.

This means that a male corporate strategy analyst earns approximately 4% more than a female corporate strategy analyst for performing the same job.

Average Salary by Gender Chart in Bahrain

Male
22,420 BHD
Female -4%
21,560 BHD

Corporate Strategy Analyst Average Pay Raise in Bahrain

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 Corporate Strategy Analyst in Bahrain is around 9% every 28 months.

The national average pay raise across all professions and industries in Bahrain 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 Corporate Strategy Analyst in Bahrain can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Bahrain for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Corporate Strategy Analyst Bonus and Incentive Rates in Bahrain

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 Corporate Strategy Analyst 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 Bahrain earn approximately 8% more than private sector employees in the same role.

Public Sector
19,020 BHD
Private Sector -8%
17,540 BHD

Salaries for Jobs Similar to a Corporate Strategy Analyst

In the table below, we have salary information for jobs that are similar to a Corporate Strategy Analyst in Bahrain.

Job Title Category Salary
Assistant Business Development Manager Business Planning 23,360 BHD
Assistant Merchandise Planner Business Planning 14,200 BHD
Business Advisor Business Planning 20,460 BHD
Business Analyst Business Planning 23,380 BHD
Business Consultant Business Planning 20,460 BHD
Business Continuity Associate Business Planning 13,900 BHD
Business Developer Business Planning 12,580 BHD
Business Development Analyst Business Planning 14,140 BHD
Business Development Associate Business Planning 9,940 BHD
Business Development Coordinator Business Planning 12,120 BHD
Business Development Director Business Planning 32,620 BHD
Business Development Engineer Business Planning 17,860 BHD
Business Development Executive Business Planning 22,340 BHD
Business Development Manager Business Planning 26,400 BHD
Business Development Specialist Business Planning 21,380 BHD
Business Manager Business Planning 24,200 BHD
Business Operations Specialist Business Planning 19,980 BHD
Business Process Writer Business Planning 13,780 BHD
Business Systems Analyst Business Planning 24,280 BHD
Capacity Planner Business Planning 17,620 BHD
Capacity Planning Supervisor Business Planning 23,380 BHD
Change Communications Analyst Business Planning 21,020 BHD
Change Control Analyst Business Planning 20,460 BHD
Change Impact Analyst Business Planning 21,100 BHD
Contracts Executive Business Planning 23,380 BHD
Cost Control Engineer Business Planning 14,920 BHD
Cost Controller Business Planning 15,380 BHD
Cost Estimator Business Planning 13,100 BHD
Data Executive Business Planning 13,660 BHD
Data Manager Business Planning 15,300 BHD
Data Processing Manager Business Planning 19,860 BHD
Development Researcher Business Planning 18,780 BHD
Director of Business Development Business Planning 31,980 BHD
Director of Production Planning Business Planning 26,400 BHD
Due Diligence Analyst Business Planning 23,140 BHD
Estimating Manager Business Planning 23,500 BHD
General Manager Business Planning 27,620 BHD
Incident Handler Business Planning 15,580 BHD
Incident Specialist Business Planning 19,020 BHD
Lean Consultant Business Planning 17,540 BHD
Manager Business Planning 27,560 BHD
Marketing and Business Development Manager Business Planning 28,720 BHD
Materials Planner Business Planning 8,100 BHD
Merchandise Assistant Business Planning 8,100 BHD
Merchandise Controller Business Planning 7,820 BHD
Merchandise Planner Business Planning 9,140 BHD
Operations Analyst Business Planning 21,380 BHD
Operations Manager Business Planning 22,340 BHD
Operations Research Analyst Business Planning 12,620 BHD
Planning and Reporting Manager Business Planning 22,400 BHD
Planning Director Business Planning 28,860 BHD
Project Administrator Business Planning 14,660 BHD
Project Manager Business Planning 23,480 BHD
Project Planner Business Planning 15,880 BHD
Research Assistant Business Planning 12,180 BHD
Research Engineer Business Planning 12,240 BHD
Research Officer Business Planning 10,080 BHD
Risk Management Specialist Business Planning 21,560 BHD
Scholarship Coordinator Business Planning 10,000 BHD
Store Planner Business Planning 10,000 BHD
Strategy Director Business Planning 32,020 BHD
Top Research and Development Executive Business Planning 31,980 BHD

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