Average Online Marketing Analyst Salary in Montenegro for 2024

In this article, we will look at the average Online Marketing Analyst salary for 2024 in Montenegro 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 Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does an Online Marketing Analyst Make in Montenegro?

An Online Marketing Analyst working in Montenegro will typically earn around 34,080 EUR per year, and this can range from the lowest average salary of about 15,880 EUR to the highest average salary of 50,660 EUR.

Average Annual Salary
34,080 EUR
Average Monthly Salary
2,840 EUR

Lowest Annual Salary
15,880 EUR
Lowest Monthly Salary
1,323 EUR

Highest Annual Salary
50,660 EUR
Highest Monthly Salary
4,221 EUR

These are average salaries for an Online Marketing Analyst in Montenegro and include benefits such as housing and transport. It's also possible for an Online Marketing Analyst to earn more or less than the average salaries shown above.

Online Marketing 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 Online Marketing Analyst Salaries in Montenegro

So we've looked at the average salaries an Online Marketing Analyst will earn in Montenegro. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Online Marketing Analyst can earn between 15,880 EUR and 50,660 EUR on average in Montenegro. 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 Online Marketing Analyst in Montenegro is 35,300 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 35,300 EUR, and 50% of the population earn more than 35,300 EUR.

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 Online Marketing Analyst salary in Montenegro, 25% of the population are earning less than 22,420 EUR while 75% of the population earn more than 22,420 EUR.

75% of the population earn less than 47,760 EUR, and 25% of the population earn more than 47,760 EUR.

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.

Online Marketing Analyst Salary by Experience Level in Montenegro

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 online marketing 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. An Online Marketing Analyst in Montenegro that has less than two years of experience can expect to earn somewhere in the region of 15,300 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Online Marketing Analyst salary would increase to 20,760 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Online Marketing Analyst, the average salary would be 34,240 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 41,660 EUR.
  • 15 - 20 Years Experience. An Online Marketing Analyst with 15 to 20 years of experience can earn an average of 45,560 EUR.
  • 20+ Years Experience. For an Online Marketing Analyst with more than 20 years, the expected average salary increases to 47,580 EUR.

Average Salary by Experience Chart

0-2 Years
15,300 EUR
2-5 Years +34%
20,760 EUR
5-10 Years +48%
34,240 EUR
10-15 Years +22%
41,660 EUR
15-20 Years +9%
45,560 EUR
20+ Years +8%
47,580 EUR

Online Marketing Analyst Salary by Education Level in Montenegro

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 Online Marketing Analyst in Montenegro 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 Online Marketing Analyst in Montenegro with a high school education can earn an average salary of 20,940 EUR.

  • Certificate or Diploma. An Online Marketing Analyst in Montenegro with a certificate or diploma education can earn an average salary of 23,260 EUR.

  • Bachelor's Degree. An Online Marketing Analyst in Montenegro with a bachelor's degree education can earn an average salary of 34,280 EUR.

  • Master's Degree. An Online Marketing Analyst in Montenegro with a master's degree education can earn an average salary of 45,000 EUR.

Average Salary by Education Chart

High School
20,940 EUR
Certificate or Diploma +18%
23,260 EUR
Bachelor's Degree +45%
34,280 EUR
Master's Degree +31%
45,000 EUR

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 Montenegro is around 13,400 to 40,100 EUR 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.

Online Marketing 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 Montenegro, a male online marketing analyst will earn an average of 35,500 EUR, while a female online marketing analyst will earn around 29,160 EUR.

This means that a male online marketing analyst earns approximately 22% more than a female online marketing analyst for performing the same job.

Average Salary by Gender Chart in Montenegro

Male
35,500 EUR
Female -22%
29,160 EUR

Online Marketing Analyst Average Pay Raise in Montenegro

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 Online Marketing Analyst in Montenegro is around 8% every 28 months.

The national average pay raise across all professions and industries in Montenegro is around 5% every 28 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 ÷ 28 ) × 12  = 3%

What this means is that an Online Marketing Analyst in Montenegro can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Montenegro for 2024

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

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

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

Online Marketing Analyst Bonus and Incentive Rates in Montenegro

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 Online Marketing Analyst is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus
41%
No Bonus
59%

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 Montenegro earn approximately 32% more than private sector employees in the same role.

Public Sector
35,340 EUR
Private Sector -32%
26,860 EUR

Salaries for Jobs Similar to an Online Marketing Analyst

In the table below, we have salary information for jobs that are similar to an Online Marketing Analyst in Montenegro.

Job Title Category Salary
Account Handler Marketing 28,180 EUR
Affiliate Manager Marketing 35,300 EUR
Analytics Specialist Marketing 25,160 EUR
Assistant Brand Manager Marketing 34,360 EUR
Assistant Product Manager Marketing 38,680 EUR
Associate Marketing Manager Marketing 43,480 EUR
Associate Product Manager Marketing 43,220 EUR
Brand Ambassador Marketing 46,160 EUR
Brand Director Marketing 61,180 EUR
Brand Executive Marketing 56,060 EUR
Brand Manager Marketing 54,460 EUR
Business Analytics Specialist Marketing 23,360 EUR
Business Channel Manager Marketing 37,620 EUR
Business Intelligence Team Leader Marketing 35,000 EUR
Campaign Specialist Marketing 34,980 EUR
Chief Marketing Officer Marketing 61,400 EUR
Chief Product Officer Marketing 50,080 EUR
Communications Officer Marketing 15,920 EUR
Content Manager Marketing 31,540 EUR
Content Marketing Strategist Marketing 34,360 EUR
Copy Editer Marketing 23,520 EUR
Copy Writer Marketing 21,020 EUR
Creative Marketing Lead Marketing 37,620 EUR
Creative Writer Marketing 21,640 EUR
Digital Marketer Marketing 31,040 EUR
Digital Marketing Manager Marketing 41,560 EUR
Digital Marketing Strategist Marketing 42,040 EUR
Digital Media Specialist Marketing 36,580 EUR
Director of Marketing Marketing 57,440 EUR
Director of Research Marketing 41,480 EUR
eMarketing Manager Marketing 46,160 EUR
Event Marketing Marketing 44,300 EUR
Head of Executive Search Marketing 51,080 EUR
Key Affiliate Manager Marketing 38,700 EUR
Localization Manager Marketing 38,340 EUR
Market Development Executive Marketing 45,720 EUR
Market Development Manager Marketing 45,580 EUR
Market Research Analyst Marketing 38,180 EUR
Market Research Manager Marketing 42,400 EUR
Market Segmentation Director Marketing 45,560 EUR
Marketing Account Supervisor Marketing 32,900 EUR
Marketing Administrator Marketing 28,660 EUR
Marketing Advisor Marketing 34,080 EUR
Marketing Analyst Marketing 32,900 EUR
Marketing and Communications Officer Marketing 19,480 EUR
Marketing and Sales Head Marketing 60,480 EUR
Marketing Assistant Marketing 19,360 EUR
Marketing Associate Marketing 15,920 EUR
Marketing Communications Manager Marketing 35,260 EUR
Marketing Consultant Marketing 42,040 EUR
Marketing Coordinator Marketing 19,360 EUR
Marketing Director Marketing 54,560 EUR
Marketing Distribution Executive Marketing 43,260 EUR
Marketing Executive Marketing 44,540 EUR
Marketing Manager Marketing 56,100 EUR
Marketing Officer Marketing 20,300 EUR
Marketing Segment Manager Marketing 42,320 EUR
Marketing Specialist Marketing 29,540 EUR
Marketing Supervisor Marketing 34,280 EUR
Marketing Vice President Marketing 42,960 EUR
Marketing Writer Marketing 19,940 EUR
Online Marketing Manager Marketing 36,020 EUR
Optimization Manager Marketing 38,180 EUR
Outbound Sales Marketing 23,080 EUR
Outreach Coordinator Marketing 23,480 EUR
Outreach Specialist Marketing 30,700 EUR
Product Development Marketing 43,480 EUR
Product Manager Marketing 48,340 EUR
Product Marketing Engineer Marketing 23,700 EUR
Product Marketing Executive Marketing 42,320 EUR
Product Marketing Manager Marketing 43,220 EUR
Product Researcher Marketing 21,300 EUR
Product Strategist Marketing 34,240 EUR
Product Strategy Researcher Marketing 33,960 EUR
Product Training Specialist Marketing 27,620 EUR
Project Manager Marketing 34,960 EUR
Publications Coordinator Marketing 19,480 EUR
Research Executive Marketing 42,320 EUR
Sales and Marketing Assistant Marketing 19,640 EUR
Sales and Marketing Coordinator Marketing 19,480 EUR
Sales and Marketing Director Marketing 56,640 EUR
Sales Director Marketing 53,860 EUR
Sales Management Support Marketing 21,020 EUR
Sales Manager Marketing 55,840 EUR
Search Marketing Strategist Marketing 49,700 EUR
Social Media Administrator Marketing 31,660 EUR
Social Media Specialist Marketing 30,220 EUR
Spaceman Analyst Marketing 15,380 EUR
Sponsorship Consultant Marketing 29,320 EUR
Team Leader Marketing 34,360 EUR
Telemarketer Marketing 15,700 EUR
Trade Marketing Executive Marketing 44,180 EUR
Trade Marketing Manager Marketing 45,200 EUR
Trade Marketing Professional Marketing 32,420 EUR
Trade Marketing Specialist Marketing 24,860 EUR
Web Analytics Manager Marketing 34,960 EUR
Web Content Manager Marketing 35,340 EUR

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