Average Cost Controller Salary in Belarus for 2024

In this article, we will look at the average Cost Controller salary for 2024 in Belarus 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 Belarusian ruble. To keep things simple, we are using the BYN currency code instead of the currency symbol Br.

How Much Does a Cost Controller Make in Belarus?

A Cost Controller working in Belarus will typically earn around 33,440 BYN per year, and this can range from the lowest average salary of about 18,780 BYN to the highest average salary of 46,880 BYN.

Average Annual Salary
33,440 BYN
Average Monthly Salary
2,786 BYN

Lowest Annual Salary
18,780 BYN
Lowest Monthly Salary
1,565 BYN

Highest Annual Salary
46,880 BYN
Highest Monthly Salary
3,906 BYN

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

Cost Controller 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 Cost Controller Salaries in Belarus

So we've looked at the average salaries a Cost Controller will earn in Belarus. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Cost Controller can earn between 18,780 BYN and 46,880 BYN on average in Belarus. 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 Cost Controller in Belarus is 29,320 BYN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 29,320 BYN, and 50% of the population earn more than 29,320 BYN.

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 Cost Controller salary in Belarus, 25% of the population are earning less than 21,020 BYN while 75% of the population earn more than 21,020 BYN.

75% of the population earn less than 34,380 BYN, and 25% of the population earn more than 34,380 BYN.

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.

Cost Controller Salary by Experience Level in Belarus

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 cost controller 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 Cost Controller in Belarus that has less than two years of experience can expect to earn somewhere in the region of 19,160 BYN.
  • 2 - 5 Years Experience. With two to five years of experience the average Cost Controller salary would increase to 25,940 BYN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cost Controller, the average salary would be 34,980 BYN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 40,560 BYN.
  • 15 - 20 Years Experience. A Cost Controller with 15 to 20 years of experience can earn an average of 45,060 BYN.
  • 20+ Years Experience. For a Cost Controller with more than 20 years, the expected average salary increases to 48,340 BYN.

Average Salary by Experience Chart

0-2 Years
19,160 BYN
2-5 Years +26%
25,940 BYN
5-10 Years +32%
34,980 BYN
10-15 Years +18%
40,560 BYN
15-20 Years +11%
45,060 BYN
20+ Years +6%
48,340 BYN

Cost Controller Salary by Education Level in Belarus

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 Cost Controller in Belarus 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 Cost Controller in Belarus with a high school education can earn an average salary of 23,080 BYN.

  • Certificate or Diploma. A Cost Controller in Belarus with a certificate or diploma education can earn an average salary of 26,100 BYN.

  • Bachelor's Degree. A Cost Controller in Belarus with a bachelor's degree education can earn an average salary of 35,260 BYN.

  • Master's Degree. A Cost Controller in Belarus with a master's degree education can earn an average salary of 46,400 BYN.

Average Salary by Education Chart

High School
23,080 BYN
Certificate or Diploma +13%
26,100 BYN
Bachelor's Degree +32%
35,260 BYN
Master's Degree +24%
46,400 BYN

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 Belarus is around 14,700 to 44,000 BYN 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.

Cost Controller 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 Belarus, a male cost controller will earn an average of 31,980 BYN, while a female cost controller will earn around 29,600 BYN.

This means that a male cost controller earns approximately 8% more than a female cost controller for performing the same job.

Average Salary by Gender Chart in Belarus

Male
31,980 BYN
Female -8%
29,600 BYN

Cost Controller Average Pay Raise in Belarus

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 Cost Controller in Belarus is around 12% every 18 months.

The national average pay raise across all professions and industries in Belarus is around 8% every 19 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 = ( 12 ÷ 18 ) × 12  = 8%

What this means is that a Cost Controller in Belarus can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Belarus for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Cost Controller Bonus and Incentive Rates in Belarus

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 Cost Controller is a high bonus based job, with 72% of employees reporting at least one bonus in the last 12 months.

28% 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 6% to 7%.

Received Bonus
72%
No Bonus
28%

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 Belarus earn approximately 13% more than private sector employees in the same role.

Public Sector
36,020 BYN
Private Sector -13%
31,980 BYN

Salaries for Jobs Similar to a Cost Controller

In the table below, we have salary information for jobs that are similar to a Cost Controller in Belarus.

Job Title Category Salary
Assistant Business Development Manager Business Planning 48,760 BYN
Assistant Merchandise Planner Business Planning 27,020 BYN
Business Advisor Business Planning 41,480 BYN
Business Analyst Business Planning 44,140 BYN
Business Consultant Business Planning 44,800 BYN
Business Continuity Associate Business Planning 29,540 BYN
Business Developer Business Planning 27,020 BYN
Business Development Analyst Business Planning 31,340 BYN
Business Development Associate Business Planning 20,760 BYN
Business Development Coordinator Business Planning 24,860 BYN
Business Development Director Business Planning 63,700 BYN
Business Development Engineer Business Planning 37,200 BYN
Business Development Executive Business Planning 45,580 BYN
Business Development Manager Business Planning 58,240 BYN
Business Development Specialist Business Planning 43,220 BYN
Business Manager Business Planning 50,620 BYN
Business Operations Specialist Business Planning 45,060 BYN
Business Process Writer Business Planning 25,680 BYN
Business Systems Analyst Business Planning 46,840 BYN
Capacity Planner Business Planning 34,080 BYN
Capacity Planning Supervisor Business Planning 38,620 BYN
Change Communications Analyst Business Planning 42,320 BYN
Change Control Analyst Business Planning 38,620 BYN
Change Impact Analyst Business Planning 40,040 BYN
Contracts Executive Business Planning 43,080 BYN
Corporate Strategy Analyst Business Planning 44,720 BYN
Cost Control Engineer Business Planning 27,620 BYN
Cost Estimator Business Planning 27,620 BYN
Data Executive Business Planning 24,840 BYN
Data Manager Business Planning 34,160 BYN
Data Processing Manager Business Planning 39,080 BYN
Development Researcher Business Planning 33,440 BYN
Director of Business Development Business Planning 63,700 BYN
Director of Production Planning Business Planning 52,820 BYN
Due Diligence Analyst Business Planning 48,200 BYN
Estimating Manager Business Planning 46,980 BYN
General Manager Business Planning 54,280 BYN
Incident Handler Business Planning 31,080 BYN
Incident Specialist Business Planning 38,060 BYN
Lean Consultant Business Planning 34,540 BYN
Manager Business Planning 58,200 BYN
Marketing and Business Development Manager Business Planning 50,660 BYN
Materials Planner Business Planning 18,900 BYN
Merchandise Assistant Business Planning 19,200 BYN
Merchandise Controller Business Planning 17,760 BYN
Merchandise Planner Business Planning 19,480 BYN
Operations Analyst Business Planning 36,720 BYN
Operations Manager Business Planning 47,580 BYN
Operations Research Analyst Business Planning 29,040 BYN
Planning and Reporting Manager Business Planning 45,000 BYN
Planning Director Business Planning 61,460 BYN
Project Administrator Business Planning 29,320 BYN
Project Manager Business Planning 45,060 BYN
Project Planner Business Planning 29,040 BYN
Research Assistant Business Planning 22,400 BYN
Research Engineer Business Planning 25,440 BYN
Research Officer Business Planning 21,300 BYN
Risk Management Specialist Business Planning 40,040 BYN
Scholarship Coordinator Business Planning 22,420 BYN
Store Planner Business Planning 21,400 BYN
Strategy Director Business Planning 60,920 BYN
Top Research and Development Executive Business Planning 67,900 BYN

Salary Comparison by City

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

City Average Salary
Babruysk 26,880 BYN
Baranovichi 25,440 BYN
Brest 28,810 BYN
Minsk 29,960 BYN
Mogilev 29,250 BYN
Vitebsk 29,390 BYN

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Cost Controller Salary in Belarus for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-cost-controller-salary-in-belarus/.

  • "Average Cost Controller Salary in Belarus for 2024". World Salaries, https://worldsalaries.com/average-cost-controller-salary-in-belarus/. Accessed 28 March, 2024

  • Average Cost Controller Salary in Belarus for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-cost-controller-salary-in-belarus/.