Average Media Product Development Manager Salary in Bhutan for 2024

In this article, we will look at the average Media Product Development Manager salary for 2024 in Bhutan 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 Bhutanese ngultrum. To keep things simple, we are using the BTN currency code instead of the currency symbol Nu..

How Much Does a Media Product Development Manager Make in Bhutan?

A Media Product Development Manager working in Bhutan will typically earn around 718,000 BTN per year, and this can range from the lowest average salary of about 339,100 BTN to the highest average salary of 1,132,900 BTN.

Average Annual Salary
718,000 BTN
Average Monthly Salary
59,833 BTN

Lowest Annual Salary
339,100 BTN
Lowest Monthly Salary
28,258 BTN

Highest Annual Salary
1,132,900 BTN
Highest Monthly Salary
94,408 BTN

These are average salaries for a Media Product Development Manager in Bhutan and include benefits such as housing and transport. It's also possible for a Media Product Development Manager to earn more or less than the average salaries shown above.

Media Product Development Manager 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 Media Product Development Manager Salaries in Bhutan

So we've looked at the average salaries a Media Product Development Manager will earn in Bhutan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Media Product Development Manager can earn between 339,100 BTN and 1,132,900 BTN on average in Bhutan. 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 Media Product Development Manager in Bhutan is 758,700 BTN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 758,700 BTN, and 50% of the population earn more than 758,700 BTN.

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 Media Product Development Manager salary in Bhutan, 25% of the population are earning less than 493,000 BTN while 75% of the population earn more than 493,000 BTN.

75% of the population earn less than 1,003,800 BTN, and 25% of the population earn more than 1,003,800 BTN.

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.

Media Product Development Manager Salary by Experience Level in Bhutan

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 media product development manager 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 Media Product Development Manager in Bhutan that has less than two years of experience can expect to earn somewhere in the region of 389,200 BTN.
  • 2 - 5 Years Experience. With two to five years of experience the average Media Product Development Manager salary would increase to 535,800 BTN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Media Product Development Manager, the average salary would be 761,400 BTN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 929,700 BTN.
  • 15 - 20 Years Experience. A Media Product Development Manager with 15 to 20 years of experience can earn an average of 978,900 BTN.
  • 20+ Years Experience. For a Media Product Development Manager with more than 20 years, the expected average salary increases to 1,069,900 BTN.

Average Salary by Experience Chart

0-2 Years
389,200 BTN
2-5 Years +38%
535,800 BTN
5-10 Years +42%
761,400 BTN
10-15 Years +22%
929,700 BTN
15-20 Years +6%
978,900 BTN
20+ Years +9%
1,069,900 BTN

Media Product Development Manager Salary by Education Level in Bhutan

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 Media Product Development Manager in Bhutan 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 Media Product Development Manager in Bhutan with a high school education can earn an average salary of 480,600 BTN.

  • Certificate or Diploma. A Media Product Development Manager in Bhutan with a certificate or diploma education can earn an average salary of 558,300 BTN.

  • Bachelor's Degree. A Media Product Development Manager in Bhutan with a bachelor's degree education can earn an average salary of 812,900 BTN.

  • Master's Degree. A Media Product Development Manager in Bhutan with a master's degree education can earn an average salary of 1,069,900 BTN.

Average Salary by Education Chart

High School
480,600 BTN
Certificate or Diploma +17%
558,300 BTN
Bachelor's Degree +45%
812,900 BTN
Master's Degree +31%
1,069,900 BTN

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 Bhutan is around 186,000 to 559,000 BTN 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.

Media Product Development Manager 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 Bhutan, a male media product development manager will earn an average of 767,000 BTN, while a female media product development manager will earn around 677,100 BTN.

This means that a male media product development manager earns approximately 13% more than a female media product development manager for performing the same job.

Average Salary by Gender Chart in Bhutan

Male
767,000 BTN
Female -13%
677,100 BTN

Media Product Development Manager Average Pay Raise in Bhutan

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 Media Product Development Manager in Bhutan is around 8% every 30 months.

The national average pay raise across all professions and industries in Bhutan 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Media Product Development Manager in Bhutan can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bhutan for 2024

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

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

Banking
7%
Energy
5%
Information Technology
3%
Healthcare
1%
Travel
8%
Construction
6%
Education
4%

Media Product Development Manager Bonus and Incentive Rates in Bhutan

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 Media Product Development Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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
67%
No Bonus
33%

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 Bhutan earn approximately 11% more than private sector employees in the same role.

Public Sector
478,000 BTN
Private Sector -11%
431,300 BTN

Salaries for Jobs Similar to a Media Product Development Manager

In the table below, we have salary information for jobs that are similar to a Media Product Development Manager in Bhutan.

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 409,000 BTN
3D Designer Media / Broadcasting / Arts / Entertainment 367,900 BTN
3D Generalist Media / Broadcasting / Arts / Entertainment 340,400 BTN
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 389,200 BTN
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 259,100 BTN
Actor Media / Broadcasting / Arts / Entertainment 558,300 BTN
Art Administrator Media / Broadcasting / Arts / Entertainment 430,500 BTN
Art Director Media / Broadcasting / Arts / Entertainment 514,300 BTN
Art Lead Media / Broadcasting / Arts / Entertainment 498,500 BTN
Associate Media Director Media / Broadcasting / Arts / Entertainment 472,100 BTN
Associate Producer Media / Broadcasting / Arts / Entertainment 581,300 BTN
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 351,200 BTN
Broadcast Associate Media / Broadcasting / Arts / Entertainment 301,800 BTN
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 431,300 BTN
Broadcast Technician Media / Broadcasting / Arts / Entertainment 246,200 BTN
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 485,200 BTN
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 522,700 BTN
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 275,500 BTN
Camera Operator Media / Broadcasting / Arts / Entertainment 259,100 BTN
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 392,300 BTN
CAS Engineer Media / Broadcasting / Arts / Entertainment 430,500 BTN
Censorship Executive Media / Broadcasting / Arts / Entertainment 489,500 BTN
Choreographer Media / Broadcasting / Arts / Entertainment 362,200 BTN
Colorist Media / Broadcasting / Arts / Entertainment 212,500 BTN
Communications Manager Media / Broadcasting / Arts / Entertainment 614,600 BTN
Correspondent Media / Broadcasting / Arts / Entertainment 442,200 BTN
Dance Director Media / Broadcasting / Arts / Entertainment 404,600 BTN
Dancer Media / Broadcasting / Arts / Entertainment 369,900 BTN
Director of Photography Media / Broadcasting / Arts / Entertainment 451,000 BTN
Disc Jockey Media / Broadcasting / Arts / Entertainment 279,400 BTN
Editorial Assistant Media / Broadcasting / Arts / Entertainment 239,000 BTN
Events Manager Media / Broadcasting / Arts / Entertainment 397,900 BTN
Graphic Designer Media / Broadcasting / Arts / Entertainment 294,300 BTN
Illustrator Media / Broadcasting / Arts / Entertainment 301,300 BTN
Industrial Designer Media / Broadcasting / Arts / Entertainment 273,300 BTN
Instructional Designer Media / Broadcasting / Arts / Entertainment 259,100 BTN
Journalist Media / Broadcasting / Arts / Entertainment 524,700 BTN
Makeup Artist Media / Broadcasting / Arts / Entertainment 265,000 BTN
Media Design Manager Media / Broadcasting / Arts / Entertainment 712,100 BTN
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 238,900 BTN
Media Operations Manager Media / Broadcasting / Arts / Entertainment 582,700 BTN
Media Planner Media / Broadcasting / Arts / Entertainment 369,900 BTN
Media Producer Media / Broadcasting / Arts / Entertainment 514,800 BTN
Media Production Manager Media / Broadcasting / Arts / Entertainment 718,000 BTN
Media Program Director Media / Broadcasting / Arts / Entertainment 744,600 BTN
Media Relation Executive Media / Broadcasting / Arts / Entertainment 769,500 BTN
Media Relations Manager Media / Broadcasting / Arts / Entertainment 721,600 BTN
Media Sales Manager Media / Broadcasting / Arts / Entertainment 824,800 BTN
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 425,100 BTN
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 288,100 BTN
Multimedia Designer Media / Broadcasting / Arts / Entertainment 294,300 BTN
Music Consultant Media / Broadcasting / Arts / Entertainment 388,100 BTN
Musician Media / Broadcasting / Arts / Entertainment 307,400 BTN
News Associate Media / Broadcasting / Arts / Entertainment 383,300 BTN
News Reporter Media / Broadcasting / Arts / Entertainment 519,300 BTN
Post Production Assistant Media / Broadcasting / Arts / Entertainment 259,100 BTN
Producer Media / Broadcasting / Arts / Entertainment 681,500 BTN
Product Designer Media / Broadcasting / Arts / Entertainment 265,000 BTN
Product Planner Media / Broadcasting / Arts / Entertainment 359,900 BTN
Production Artist Media / Broadcasting / Arts / Entertainment 366,200 BTN
Production Assistant Media / Broadcasting / Arts / Entertainment 246,200 BTN
Production Director Media / Broadcasting / Arts / Entertainment 581,000 BTN
Production Technician Media / Broadcasting / Arts / Entertainment 246,200 BTN
Program Researcher Media / Broadcasting / Arts / Entertainment 455,400 BTN
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 357,300 BTN
Sound Engineer Media / Broadcasting / Arts / Entertainment 341,900 BTN
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 209,500 BTN
Stage Technician Media / Broadcasting / Arts / Entertainment 217,900 BTN
Sub Editor Media / Broadcasting / Arts / Entertainment 265,000 BTN
Television Executive Producer Media / Broadcasting / Arts / Entertainment 838,100 BTN
Transmission Engineer Media / Broadcasting / Arts / Entertainment 384,500 BTN
Video Editor Media / Broadcasting / Arts / Entertainment 319,600 BTN
Video Producer Media / Broadcasting / Arts / Entertainment 409,000 BTN
Videographer Media / Broadcasting / Arts / Entertainment 357,300 BTN
Visual Designer Media / Broadcasting / Arts / Entertainment 394,500 BTN

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