Average Procurement Process Analyst Salary in Bangladesh for 2024

In this article, we will look at the average Procurement Process Analyst salary for 2024 in Bangladesh 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 Bangladeshi taka. To keep things simple, we are using the BDT currency code instead of the currency symbol ৳.

How Much Does a Procurement Process Analyst Make in Bangladesh?

A Procurement Process Analyst working in Bangladesh will typically earn around 325,800 BDT per year, and this can range from the lowest average salary of about 150,000 BDT to the highest average salary of 514,800 BDT.

Average Annual Salary
325,800 BDT
Average Monthly Salary
27,150 BDT

Lowest Annual Salary
150,000 BDT
Lowest Monthly Salary
12,500 BDT

Highest Annual Salary
514,800 BDT
Highest Monthly Salary
42,900 BDT

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

Procurement Process 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 Procurement Process Analyst Salaries in Bangladesh

So we've looked at the average salaries a Procurement Process Analyst will earn in Bangladesh. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Procurement Process Analyst can earn between 150,000 BDT and 514,800 BDT on average in Bangladesh. 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 Procurement Process Analyst in Bangladesh is 352,000 BDT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 352,000 BDT, and 50% of the population earn more than 352,000 BDT.

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 Procurement Process Analyst salary in Bangladesh, 25% of the population are earning less than 225,700 BDT while 75% of the population earn more than 225,700 BDT.

75% of the population earn less than 467,100 BDT, and 25% of the population earn more than 467,100 BDT.

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.

Procurement Process Analyst Salary by Experience Level in Bangladesh

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 procurement process 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 Procurement Process Analyst in Bangladesh that has less than two years of experience can expect to earn somewhere in the region of 169,000 BDT.
  • 2 - 5 Years Experience. With two to five years of experience the average Procurement Process Analyst salary would increase to 228,500 BDT.
  • 5 - 10 Years Experience. From five to ten years of experience as a Procurement Process Analyst, the average salary would be 335,100 BDT.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 407,300 BDT.
  • 15 - 20 Years Experience. A Procurement Process Analyst with 15 to 20 years of experience can earn an average of 445,100 BDT.
  • 20+ Years Experience. For a Procurement Process Analyst with more than 20 years, the expected average salary increases to 480,300 BDT.

Average Salary by Experience Chart

0-2 Years
169,000 BDT
2-5 Years +34%
228,500 BDT
5-10 Years +48%
335,100 BDT
10-15 Years +22%
407,300 BDT
15-20 Years +9%
445,100 BDT
20+ Years +8%
480,300 BDT

Procurement Process Analyst Salary by Education Level in Bangladesh

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 Procurement Process Analyst in Bangladesh 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 Procurement Process Analyst in Bangladesh with a high school education can earn an average salary of 207,700 BDT.

  • Certificate or Diploma. A Procurement Process Analyst in Bangladesh with a certificate or diploma education can earn an average salary of 245,300 BDT.

  • Bachelor's Degree. A Procurement Process Analyst in Bangladesh with a bachelor's degree education can earn an average salary of 354,000 BDT.

  • Master's Degree. A Procurement Process Analyst in Bangladesh with a master's degree education can earn an average salary of 466,300 BDT.

Average Salary by Education Chart

High School
207,700 BDT
Certificate or Diploma +18%
245,300 BDT
Bachelor's Degree +45%
354,000 BDT
Master's Degree +31%
466,300 BDT

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 Bangladesh is around 130,000 to 390,000 BDT 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.

Procurement Process 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 Bangladesh, a male procurement process analyst will earn an average of 357,300 BDT, while a female procurement process analyst will earn around 294,700 BDT.

This means that a male procurement process analyst earns approximately 21% more than a female procurement process analyst for performing the same job.

Average Salary by Gender Chart in Bangladesh

Male
357,300 BDT
Female -21%
294,700 BDT

Procurement Process Analyst Average Pay Raise in Bangladesh

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 Procurement Process Analyst in Bangladesh is around 7% every 30 months.

The national average pay raise across all professions and industries in Bangladesh 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Procurement Process Analyst in Bangladesh can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bangladesh for 2024

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

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%

Procurement Process Analyst Bonus and Incentive Rates in Bangladesh

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 Procurement Process 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 Bangladesh earn approximately 25% more than private sector employees in the same role.

Public Sector
345,700 BDT
Private Sector -25%
277,400 BDT

Salaries for Jobs Similar to a Procurement Process Analyst

In the table below, we have salary information for jobs that are similar to a Procurement Process Analyst in Bangladesh.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 290,800 BDT
Asset Protection Associate Purchasing and Inventory 271,300 BDT
Asset Protection Specialist Purchasing and Inventory 288,700 BDT
Assistant Buyer Purchasing and Inventory 265,000 BDT
Buyer Purchasing and Inventory 442,300 BDT
Capacity Planner Purchasing and Inventory 325,600 BDT
Category Leader Purchasing and Inventory 301,600 BDT
Category Management Specialist Purchasing and Inventory 283,700 BDT
Category Manager Purchasing and Inventory 325,600 BDT
Channel Services Representative Purchasing and Inventory 294,700 BDT
Contracts Manager Purchasing and Inventory 351,900 BDT
Contracts Specialist Purchasing and Inventory 275,500 BDT
Demand Planner Purchasing and Inventory 308,900 BDT
Demand Planning Manager Purchasing and Inventory 375,200 BDT
Distribution Assistant Purchasing and Inventory 252,300 BDT
Distribution Associate Purchasing and Inventory 263,200 BDT
Distribution Manager Purchasing and Inventory 539,700 BDT
Inventory Analyst Purchasing and Inventory 272,800 BDT
Inventory Control Clerk Purchasing and Inventory 152,100 BDT
Inventory Control Manager Purchasing and Inventory 388,100 BDT
Inventory Management Associate Purchasing and Inventory 292,000 BDT
Inventory Specialist Purchasing and Inventory 279,400 BDT
Logistics Engineer Purchasing and Inventory 259,100 BDT
Master Planner Purchasing and Inventory 279,400 BDT
Material Handler Purchasing and Inventory 169,000 BDT
Material Planning Specialist Purchasing and Inventory 243,000 BDT
Merchandise Manager Purchasing and Inventory 318,800 BDT
Procurement Administrator Purchasing and Inventory 335,100 BDT
Procurement Agent Purchasing and Inventory 215,100 BDT
Procurement Analyst Purchasing and Inventory 353,600 BDT
Procurement Assistant Purchasing and Inventory 221,500 BDT
Procurement Associate Purchasing and Inventory 297,000 BDT
Procurement Clerk Purchasing and Inventory 143,200 BDT
Procurement Engineer Purchasing and Inventory 282,300 BDT
Procurement Manager Purchasing and Inventory 592,200 BDT
Procurement Officer Purchasing and Inventory 143,200 BDT
Procurement Specialist Purchasing and Inventory 272,800 BDT
Production Planner Purchasing and Inventory 319,600 BDT
Project Buyer Purchasing and Inventory 372,600 BDT
Purchaser Purchasing and Inventory 417,200 BDT
Purchasing Agent Purchasing and Inventory 245,300 BDT
Purchasing Assistant Purchasing and Inventory 148,300 BDT
Purchasing Manager Purchasing and Inventory 596,100 BDT
Purchasing Officer Purchasing and Inventory 258,400 BDT
Purchasing Supervisor Purchasing and Inventory 392,300 BDT
Shipping and Receiving Clerk Purchasing and Inventory 136,200 BDT
Shipping Coordinator Purchasing and Inventory 259,100 BDT
Stock Clerk Purchasing and Inventory 159,100 BDT
Stock Regulator Purchasing and Inventory 172,400 BDT
Storage Manager Purchasing and Inventory 359,900 BDT
Store Keeper Purchasing and Inventory 143,200 BDT
Stores and Logistics Coordinator Purchasing and Inventory 308,900 BDT
Supply Chain Analyst Purchasing and Inventory 390,000 BDT
Supply Chain Coordinator Purchasing and Inventory 301,800 BDT
Supply Chain Development Manager Purchasing and Inventory 538,600 BDT
Supply Chain Director Purchasing and Inventory 623,700 BDT
Supply Chain Manager Purchasing and Inventory 581,300 BDT
Supply Planner Purchasing and Inventory 294,300 BDT
Warehouse Assistant Purchasing and Inventory 119,700 BDT
Warehouse Clerk Purchasing and Inventory 118,060 BDT
Warehouse Executive Purchasing and Inventory 464,400 BDT
Warehouse Lead Purchasing and Inventory 320,500 BDT
Warehouse Manager Purchasing and Inventory 483,400 BDT
Warehouse Supervisor Purchasing and Inventory 363,000 BDT
Wholesale Buyer Purchasing and Inventory 412,000 BDT

Salary Comparison by City

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

City Average Salary
Barisal 335,800 BDT
Bogra 357,300 BDT
Chandpur 313,700 BDT
Chittagong 357,300 BDT
Coxs Bazar 318,800 BDT
Dhaka 353,600 BDT
Jamalpur 318,800 BDT
Jessore 308,900 BDT
Khulna 345,700 BDT
Rajshahi 361,500 BDT
St. Martin 288,100 BDT
Sylhet 327,300 BDT

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