Average Inside Sales Executive Salary in Kota Kinabalu, Malaysia for 2024
In this article, we will look at the average Inside Sales Executive salary for 2024 in Kota Kinabalu 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 Malaysian ringgit. To keep things simple, we are using the MYR currency code instead of the currency symbol RM.
How Much Does an Inside Sales Executive Make in Kota Kinabalu?
An Inside Sales Executive working in Kota Kinabalu will typically earn around 82,160 MYR per year, and this can range from the lowest average salary of about 44,300 MYR to the highest average salary of 124,400 MYR.
These are average salaries for an Inside Sales Executive in Kota Kinabalu and include benefits such as housing and transport. It's also possible for an Inside Sales Executive to earn more or less than the average salaries shown above.
Inside Sales 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 Inside Sales Executive Salaries in Kota Kinabalu
So we've looked at the average salaries an Inside Sales Executive will earn in Kota Kinabalu. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that an Inside Sales Executive can earn between 44,300 MYR and 124,400 MYR on average in Kota Kinabalu. 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 an Inside Sales Executive in Kota Kinabalu is 78,620 MYR. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 78,620 MYR, and 50% of the population earn more than 78,620 MYR.
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 Inside Sales Executive salary in Kota Kinabalu, 25% of the population are earning less than 54,700 MYR while 75% of the population earn more than 54,700 MYR.
75% of the population earn less than 98,820 MYR, and 25% of the population earn more than 98,820 MYR.
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.
Inside Sales Executive Salary by Experience Level in Kota Kinabalu
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 inside sales 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. An Inside Sales Executive in Kota Kinabalu that has less than two years of experience can expect to earn somewhere in the region of 49,360 MYR.
- 2 - 5 Years Experience. With two to five years of experience the average Inside Sales Executive salary would increase to 66,820 MYR.
- 5 - 10 Years Experience. From five to ten years of experience as an Inside Sales Executive, the average salary would be 83,060 MYR.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 104,040 MYR.
- 15 - 20 Years Experience. An Inside Sales Executive with 15 to 20 years of experience can earn an average of 112,420 MYR.
- 20+ Years Experience. For an Inside Sales Executive with more than 20 years, the expected average salary increases to 117,380 MYR.
Average Salary by Experience Chart
0-2 Years |
49,360 MYR
|
|
2-5 Years | +34% |
66,820 MYR
|
5-10 Years | +30% |
83,060 MYR
|
10-15 Years | +21% |
104,040 MYR
|
15-20 Years | +9% |
112,420 MYR
|
20+ Years | +5% |
117,380 MYR
|
Inside Sales Executive Salary by Education Level in Kota Kinabalu
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 an Inside Sales Executive in Kota Kinabalu based on the education level of the employees in order to find out whether a better education level would increase your salary.
-
High School. An Inside Sales Executive in Kota Kinabalu with a high school education can earn an average salary of 59,380 MYR.
-
Certificate or Diploma. An Inside Sales Executive in Kota Kinabalu with a certificate or diploma education can earn an average salary of 82,920 MYR.
-
Bachelor's Degree. An Inside Sales Executive in Kota Kinabalu with a bachelor's degree education can earn an average salary of 115,560 MYR.
Average Salary by Education Chart
High School |
59,380 MYR
|
|
Certificate or Diploma | +43% |
82,920 MYR
|
Bachelor's Degree | +38% |
115,560 MYR
|
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 Malaysia is around 32,900 to 98,800 MYR 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.
Inside Sales 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 Kota Kinabalu, a male inside sales executive will earn an average of 85,700 MYR, while a female inside sales executive will earn around 80,480 MYR.
This means that a male inside sales executive earns approximately 6% more than a female inside sales executive for performing the same job.
Average Salary by Gender Chart in Kota Kinabalu
Male |
85,700 MYR
|
|
Female | -6% |
80,480 MYR
|
Inside Sales Executive Average Pay Raise in Kota Kinabalu
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 an Inside Sales Executive in Kota Kinabalu is around 12% every 17 months.
The national average pay raise across all professions and industries in Malaysia 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 = ( 12 ÷ 17 ) × 12 = 8%
What this means is that an Inside Sales Executive in Kota Kinabalu can expect to receive an average pay raise of around 8% every 12 months.
Annual Pay Raise by Industry in Kota Kinabalu for 2024
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Malaysia.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
Banking |
4%
|
|
Energy |
8%
|
|
Information Technology |
3%
|
|
Healthcare |
7%
|
|
Travel |
2%
|
|
Construction |
6%
|
|
Education |
1%
|
Inside Sales Executive Bonus and Incentive Rates in Kota Kinabalu
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.
An Inside Sales Executive is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.
20% 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 |
80%
|
|
No Bonus |
20%
|
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 Malaysia earn approximately 11% more than private sector employees in the same role.
Public Sector |
81,960 MYR
|
|
Private Sector | -11% |
73,820 MYR
|
Salaries for Jobs Similar to an Inside Sales Executive
In the table below, we have salary information for jobs that are similar to an Inside Sales Executive in Kota Kinabalu.
Salary Comparison by City
If you want to compare salaries with different cities in Malaysia, you can use the links below to explore the data for each specific city we have researched.
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!
-
<a href="https://worldsalaries.com/average-inside-sales-executive-salary-in-kota-kinabalu/malaysia/">Average Inside Sales Executive Salary in Kota Kinabalu, Malaysia for 2024</a>
-
"Average Inside Sales Executive Salary in Kota Kinabalu, Malaysia for 2024". World Salaries. Accessed on December 9, 2024. https://worldsalaries.com/average-inside-sales-executive-salary-in-kota-kinabalu/malaysia/.
-
"Average Inside Sales Executive Salary in Kota Kinabalu, Malaysia for 2024". World Salaries, https://worldsalaries.com/average-inside-sales-executive-salary-in-kota-kinabalu/malaysia/. Accessed 9 December, 2024
-
Average Inside Sales Executive Salary in Kota Kinabalu, Malaysia for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-inside-sales-executive-salary-in-kota-kinabalu/malaysia/.