Average Regional Sales Director Salary in Maldives for 2024

In this article, we will look at the average Regional Sales Director salary for 2024 in Maldives 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 Maldivian rufiyaa. To keep things simple, we are using the MVR currency code instead of the currency symbol .Þƒ.

How Much Does a Regional Sales Director Make in Maldives?

A Regional Sales Director working in Maldives will typically earn around 499,300 MVR per year, and this can range from the lowest average salary of about 245,300 MVR to the highest average salary of 778,500 MVR.

Average Annual Salary
499,300 MVR
Average Monthly Salary
41,608 MVR

Lowest Annual Salary
245,300 MVR
Lowest Monthly Salary
20,441 MVR

Highest Annual Salary
778,500 MVR
Highest Monthly Salary
64,875 MVR

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

Regional Sales Director 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 Regional Sales Director Salaries in Maldives

So we've looked at the average salaries a Regional Sales Director will earn in Maldives. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Regional Sales Director can earn between 245,300 MVR and 778,500 MVR on average in Maldives. 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 Regional Sales Director in Maldives is 510,000 MVR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 510,000 MVR, and 50% of the population earn more than 510,000 MVR.

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 Regional Sales Director salary in Maldives, 25% of the population are earning less than 340,000 MVR while 75% of the population earn more than 340,000 MVR.

75% of the population earn less than 658,300 MVR, and 25% of the population earn more than 658,300 MVR.

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.

Regional Sales Director Salary by Experience Level in Maldives

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 regional sales director 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 Regional Sales Director in Maldives that has less than two years of experience can expect to earn somewhere in the region of 290,800 MVR.
  • 2 - 5 Years Experience. With two to five years of experience the average Regional Sales Director salary would increase to 371,100 MVR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Regional Sales Director, the average salary would be 514,300 MVR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 637,500 MVR.
  • 15 - 20 Years Experience. A Regional Sales Director with 15 to 20 years of experience can earn an average of 681,500 MVR.
  • 20+ Years Experience. For a Regional Sales Director with more than 20 years, the expected average salary increases to 725,700 MVR.

Average Salary by Experience Chart

0-2 Years
290,800 MVR
2-5 Years +29%
371,100 MVR
5-10 Years +38%
514,300 MVR
10-15 Years +24%
637,500 MVR
15-20 Years +7%
681,500 MVR
20+ Years +7%
725,700 MVR

Regional Sales Director Salary by Education Level in Maldives

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 Regional Sales Director in Maldives 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 Regional Sales Director in Maldives with a high school education can earn an average salary of 362,200 MVR.

  • Certificate or Diploma. A Regional Sales Director in Maldives with a certificate or diploma education can earn an average salary of 415,900 MVR.

  • Bachelor's Degree. A Regional Sales Director in Maldives with a bachelor's degree education can earn an average salary of 558,300 MVR.

  • Master's Degree. A Regional Sales Director in Maldives with a master's degree education can earn an average salary of 704,300 MVR.

Average Salary by Education Chart

High School
362,200 MVR
Certificate or Diploma +15%
415,900 MVR
Bachelor's Degree +35%
558,300 MVR
Master's Degree +26%
704,300 MVR

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 Maldives is around 95,600 to 287,000 MVR 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.

Regional Sales Director 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 Maldives, a male regional sales director will earn an average of 519,300 MVR, while a female regional sales director will earn around 467,100 MVR.

This means that a male regional sales director earns approximately 11% more than a female regional sales director for performing the same job.

Average Salary by Gender Chart in Maldives

Male
519,300 MVR
Female -11%
467,100 MVR

Regional Sales Director Average Pay Raise in Maldives

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 Regional Sales Director in Maldives is around 9% every 30 months.

The national average pay raise across all professions and industries in Maldives 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 = ( 9 ÷ 30 ) × 12  = 4%

What this means is that a Regional Sales Director in Maldives can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Maldives for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Regional Sales Director Bonus and Incentive Rates in Maldives

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 Regional Sales Director is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% 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
66%
No Bonus
34%

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 Maldives earn approximately 8% more than private sector employees in the same role.

Public Sector
237,400 MVR
Private Sector -8%
218,900 MVR

Salaries for Jobs Similar to a Regional Sales Director

In the table below, we have salary information for jobs that are similar to a Regional Sales Director in Maldives.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 253,400 MVR
Account Officer Sales Retail and Wholesale 138,200 MVR
Area Manager Sales Retail and Wholesale 282,500 MVR
Area Sales Director Sales Retail and Wholesale 455,400 MVR
Area Sales Manager Sales Retail and Wholesale 394,300 MVR
Assisstant Store Supervisor Sales Retail and Wholesale 152,000 MVR
Assistant Department Manager Sales Retail and Wholesale 180,300 MVR
Assistant Retail Store Manager Sales Retail and Wholesale 216,800 MVR
Branch Manager Sales Retail and Wholesale 277,400 MVR
Branch Supervisor Sales Retail and Wholesale 231,000 MVR
Cashier Sales Retail and Wholesale 85,440 MVR
Cashier Manager Sales Retail and Wholesale 195,200 MVR
Commercial Sales Manager Sales Retail and Wholesale 365,400 MVR
Corporate Sales Manager Sales Retail and Wholesale 325,900 MVR
Depot Manager Sales Retail and Wholesale 273,000 MVR
Depot Supervisor Sales Retail and Wholesale 237,400 MVR
Deputy Sales Manager Sales Retail and Wholesale 257,700 MVR
Director of Sales Sales Retail and Wholesale 430,500 MVR
Distribution Director Sales Retail and Wholesale 325,900 MVR
District Leader Sales Retail and Wholesale 221,500 MVR
District Manager Sales Retail and Wholesale 286,400 MVR
District Sales Manager Sales Retail and Wholesale 292,000 MVR
External Sales Account Manager Sales Retail and Wholesale 266,000 MVR
Field Sales Representative Sales Retail and Wholesale 181,600 MVR
Furniture Sales Associate Sales Retail and Wholesale 136,100 MVR
Global Wholesale Manager Sales Retail and Wholesale 504,500 MVR
Head Cashier Sales Retail and Wholesale 172,200 MVR
Head of Direct Sales Sales Retail and Wholesale 335,100 MVR
Head of Retail Sales Retail and Wholesale 325,600 MVR
Head Teller Sales Retail and Wholesale 180,300 MVR
Inside Sales Sales Retail and Wholesale 150,000 MVR
Inside Sales Account Manager Sales Retail and Wholesale 237,400 MVR
Inside Sales Engineer Sales Retail and Wholesale 161,600 MVR
Inside Sales Executive Sales Retail and Wholesale 247,800 MVR
Inside Sales Representative Sales Retail and Wholesale 152,000 MVR
Internal Sales Manager Sales Retail and Wholesale 282,300 MVR
Inventory Manager Sales Retail and Wholesale 254,800 MVR
Key Account Manager Sales Retail and Wholesale 277,400 MVR
Medical Device Sales Sales Retail and Wholesale 215,100 MVR
Medical Device Sales Representative Sales Retail and Wholesale 201,100 MVR
Merchandiser Sales Retail and Wholesale 185,100 MVR
National Account Manager Sales Retail and Wholesale 353,600 MVR
National Customer Solution Specialist Sales Retail and Wholesale 301,600 MVR
National Sales Manager Sales Retail and Wholesale 478,000 MVR
Outside Sales Representative Sales Retail and Wholesale 185,100 MVR
Parts Salesperson Sales Retail and Wholesale 148,300 MVR
Project Development Manager Sales Retail and Wholesale 294,300 MVR
Project Manager Sales Retail and Wholesale 297,000 MVR
Project Sales Executive Sales Retail and Wholesale 296,000 MVR
Purchasing and Sales Executive Sales Retail and Wholesale 431,100 MVR
Quotation Engineer Sales Retail and Wholesale 150,000 MVR
Regional Sales Manager Sales Retail and Wholesale 480,600 MVR
Relationship Manager Sales Retail and Wholesale 315,700 MVR
Retail Merchandiser Sales Retail and Wholesale 119,500 MVR
Retail Operations Manager Sales Retail and Wholesale 294,700 MVR
Retail Sales Associate Sales Retail and Wholesale 204,000 MVR
Retail Sales Representative Sales Retail and Wholesale 172,200 MVR
Retail Salesperson Sales Retail and Wholesale 142,300 MVR
Retail Store Manager Sales Retail and Wholesale 299,500 MVR
Retail Store Sales Person Sales Retail and Wholesale 143,200 MVR
Revenue Manager Sales Retail and Wholesale 282,300 MVR
Sales Account Manager Sales Retail and Wholesale 309,800 MVR
Sales Admin Executive Sales Retail and Wholesale 384,200 MVR
Sales Administration Manager Sales Retail and Wholesale 335,100 MVR
Sales Analyst Sales Retail and Wholesale 272,800 MVR
Sales Assistant Sales Retail and Wholesale 110,120 MVR
Sales Associate Sales Retail and Wholesale 148,300 MVR
Sales Consultant Sales Retail and Wholesale 217,900 MVR
Sales Coordinator Sales Retail and Wholesale 167,100 MVR
Sales Development Representative Sales Retail and Wholesale 187,300 MVR
Sales Director Sales Retail and Wholesale 471,700 MVR
Sales Engineer Sales Retail and Wholesale 167,100 MVR
Sales Executive Sales Retail and Wholesale 290,800 MVR
Sales Manager Sales Retail and Wholesale 419,400 MVR
Sales Officer Sales Retail and Wholesale 154,700 MVR
Sales Planner Sales Retail and Wholesale 245,300 MVR
Sales Planning Analyst Sales Retail and Wholesale 263,900 MVR
Sales Representative Sales Retail and Wholesale 148,300 MVR
Sales Service Associate Sales Retail and Wholesale 148,300 MVR
Sales Specialist Sales Retail and Wholesale 232,900 MVR
Sales Supervisor Sales Retail and Wholesale 233,900 MVR
Sales Support Sales Retail and Wholesale 111,860 MVR
Sales Support Manager Sales Retail and Wholesale 257,700 MVR
Sales Team Leader Sales Retail and Wholesale 240,500 MVR
Sales Trainer Sales Retail and Wholesale 273,300 MVR
Securities Sales Agent Sales Retail and Wholesale 247,800 MVR
Shipper / Receiver Sales Retail and Wholesale 110,500 MVR
Shop Manager Sales Retail and Wholesale 273,300 MVR
Store Development Administrator Sales Retail and Wholesale 192,000 MVR
Store Manager Sales Retail and Wholesale 305,600 MVR
Territory Sales Manager Sales Retail and Wholesale 366,200 MVR
Territory Sales Representative Sales Retail and Wholesale 210,500 MVR
Trade Marketing Officer Sales Retail and Wholesale 246,200 MVR
Treasury Officer Sales Retail and Wholesale 251,500 MVR
Vice President Sales Sales Retail and Wholesale 357,300 MVR
Visual Merchandiser Sales Retail and Wholesale 137,400 MVR

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