Average Tender Manager Salary in Armenia for 2024

In this article, we will look at the average Tender Manager salary for 2024 in Armenia 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 Armenian dram. To keep things simple, we are using the AMD currency code instead of the currency symbol ึ.

How Much Does a Tender Manager Make in Armenia?

A Tender Manager working in Armenia will typically earn around 13,199,100 AMD per year, and this can range from the lowest average salary of about 6,745,700 AMD to the highest average salary of 20,400,600 AMD.

Average Annual Salary
13,199,100 AMD
Average Monthly Salary
1,099,925 AMD

Lowest Annual Salary
6,745,700 AMD
Lowest Monthly Salary
562,141 AMD

Highest Annual Salary
20,400,600 AMD
Highest Monthly Salary
1,700,050 AMD

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

Tender 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 Tender Manager Salaries in Armenia

So we've looked at the average salaries a Tender Manager will earn in Armenia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Tender Manager can earn between 6,745,700 AMD and 20,400,600 AMD on average in Armenia. 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 Tender Manager in Armenia is 12,958,200 AMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 12,958,200 AMD, and 50% of the population earn more than 12,958,200 AMD.

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 Tender Manager salary in Armenia, 25% of the population are earning less than 8,868,100 AMD while 75% of the population earn more than 8,868,100 AMD.

75% of the population earn less than 16,320,700 AMD, and 25% of the population earn more than 16,320,700 AMD.

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.

Tender Manager Salary by Experience Level in Armenia

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 tender 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 Tender Manager in Armenia that has less than two years of experience can expect to earn somewhere in the region of 7,561,700 AMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Tender Manager salary would increase to 9,874,200 AMD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Tender Manager, the average salary would be 13,798,900 AMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 16,561,800 AMD.
  • 15 - 20 Years Experience. A Tender Manager with 15 to 20 years of experience can earn an average of 18,001,100 AMD.
  • 20+ Years Experience. For a Tender Manager with more than 20 years, the expected average salary increases to 19,439,300 AMD.

Average Salary by Experience Chart

0-2 Years
7,561,700 AMD
2-5 Years +31%
9,874,200 AMD
5-10 Years +40%
13,798,900 AMD
10-15 Years +20%
16,561,800 AMD
15-20 Years +9%
18,001,100 AMD
20+ Years +8%
19,439,300 AMD

Tender Manager Salary by Education Level in Armenia

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 Tender Manager in Armenia 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 Tender Manager in Armenia with a high school education can earn an average salary of 9,060,600 AMD.

  • Certificate or Diploma. A Tender Manager in Armenia with a certificate or diploma education can earn an average salary of 10,415,900 AMD.

  • Bachelor's Degree. A Tender Manager in Armenia with a bachelor's degree education can earn an average salary of 14,639,900 AMD.

  • Master's Degree. A Tender Manager in Armenia with a master's degree education can earn an average salary of 18,840,100 AMD.

Average Salary by Education Chart

High School
9,060,600 AMD
Certificate or Diploma +15%
10,415,900 AMD
Bachelor's Degree +41%
14,639,900 AMD
Master's Degree +29%
18,840,100 AMD

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 Armenia is around 3,880,000 to 11,600,000 AMD 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.

Tender 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 Armenia, a male tender manager will earn an average of 14,038,300 AMD, while a female tender manager will earn around 12,481,200 AMD.

This means that a male tender manager earns approximately 12% more than a female tender manager for performing the same job.

Average Salary by Gender Chart in Armenia

Male
14,038,300 AMD
Female -12%
12,481,200 AMD

Tender Manager Average Pay Raise in Armenia

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 Tender Manager in Armenia is around 6% every 32 months.

The national average pay raise across all professions and industries in Armenia 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 = ( 6 ÷ 32 ) × 12  = 2%

What this means is that a Tender Manager in Armenia can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Armenia for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Tender Manager Bonus and Incentive Rates in Armenia

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 Tender Manager is a low bonus based job, with 37% of employees reporting at least one bonus in the last 12 months.

63% 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 3% to 6%.

Received Bonus
37%
No Bonus
63%

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 Armenia earn approximately 18% more than private sector employees in the same role.

Public Sector
9,863,700 AMD
Private Sector -18%
8,377,500 AMD

Salaries for Jobs Similar to a Tender Manager

In the table below, we have salary information for jobs that are similar to a Tender Manager in Armenia.

Job Title Category Salary
Adjudicator Construction / Building / Installation 3,792,300 AMD
Assembler Construction / Building / Installation 3,205,100 AMD
Boat Builder and Shipwright Construction / Building / Installation 4,681,400 AMD
Bricklayer Construction / Building / Installation 2,698,900 AMD
Building Administrator Construction / Building / Installation 4,056,200 AMD
Building Contracts Manager Construction / Building / Installation 13,441,600 AMD
Building Inspector Construction / Building / Installation 3,925,200 AMD
Building Monitor Construction / Building / Installation 2,878,300 AMD
Building Sales Manager Construction / Building / Installation 12,361,500 AMD
Cabinetmaker Construction / Building / Installation 3,132,800 AMD
Carpenter Construction / Building / Installation 3,514,400 AMD
Civil Engineer Construction / Building / Installation 8,807,800 AMD
Civil Technician Construction / Building / Installation 4,488,100 AMD
Concreter Construction / Building / Installation 2,807,200 AMD
Construction and Building Inspector Construction / Building / Installation 3,946,200 AMD
Construction and Maintenance Manager Construction / Building / Installation 7,057,300 AMD
Construction Assistant Construction / Building / Installation 3,635,200 AMD
Construction Coordinator Construction / Building / Installation 5,292,500 AMD
Construction Estimator Construction / Building / Installation 5,940,300 AMD
Construction Field Engineer Construction / Building / Installation 7,980,700 AMD
Construction General Manager Construction / Building / Installation 15,960,700 AMD
Construction Inventory Officer Construction / Building / Installation 2,964,800 AMD
Construction Manager Construction / Building / Installation 17,278,100 AMD
Construction Operations Manager Construction / Building / Installation 15,838,200 AMD
Construction Project Controls Manager Construction / Building / Installation 12,361,500 AMD
Construction Project Coordinator Construction / Building / Installation 9,142,700 AMD
Construction Project Engineer Construction / Building / Installation 9,239,600 AMD
Construction Project Manager Construction / Building / Installation 15,118,700 AMD
Construction Project Manager Construction / Building / Installation 16,320,700 AMD
Construction Project Planner Construction / Building / Installation 8,411,800 AMD
Construction Quality Control Manager Construction / Building / Installation 12,361,500 AMD
Construction Safety Officer Construction / Building / Installation 5,651,400 AMD
Construction Superintendent Construction / Building / Installation 5,771,600 AMD
Construction Supervisor Construction / Building / Installation 8,329,200 AMD
Construction Technical Assistant Construction / Building / Installation 3,490,200 AMD
Construction Technical Officer Construction / Building / Installation 4,056,200 AMD
Construction Technical Writer Construction / Building / Installation 3,514,400 AMD
Construction Technician Construction / Building / Installation 3,277,900 AMD
Construction Worker Construction / Building / Installation 2,629,100 AMD
Crane and Tower Operator Construction / Building / Installation 3,205,100 AMD
Crane Operator Construction / Building / Installation 3,168,300 AMD
Diesel Mechanic Construction / Building / Installation 2,854,700 AMD
Draughtsman Construction / Building / Installation 2,605,500 AMD
Drywall Installer Construction / Building / Installation 3,168,300 AMD
Electrical Draftsman Construction / Building / Installation 3,263,500 AMD
Electrical Engineering Supervisor Construction / Building / Installation 9,828,800 AMD
Electrical Engineering Technician Construction / Building / Installation 4,032,100 AMD
Electrical Supervisor Construction / Building / Installation 6,228,100 AMD
Electrician Construction / Building / Installation 4,618,200 AMD
Elevator Installer and Repairer Construction / Building / Installation 3,934,900 AMD
Engineer Construction / Building / Installation 9,046,100 AMD
Excavator Operator Construction / Building / Installation 3,178,700 AMD
Field Inspector Construction / Building / Installation 5,221,800 AMD
Floor Finisher Construction / Building / Installation 3,514,400 AMD
Floor Manager Construction / Building / Installation 4,860,800 AMD
Foreman Construction / Building / Installation 2,662,900 AMD
Frame and Truss Detailer Construction / Building / Installation 2,914,600 AMD
Furniture Finisher Construction / Building / Installation 3,144,700 AMD
Gas Technician Construction / Building / Installation 2,928,100 AMD
Handyman Construction / Building / Installation 2,807,200 AMD
Health and Safety Coordinator Construction / Building / Installation 3,984,100 AMD
Health and Safety Officer Construction / Building / Installation 4,270,100 AMD
Installation Manager Construction / Building / Installation 10,009,300 AMD
Installer Construction / Building / Installation 2,688,800 AMD
Insulation Installer Construction / Building / Installation 3,023,200 AMD
Labourer Construction / Building / Installation 2,435,600 AMD
Land Surveyor Construction / Building / Installation 3,889,500 AMD
Lift Technician Construction / Building / Installation 3,035,200 AMD
Maintenance Foreman Construction / Building / Installation 2,773,700 AMD
Material Tester Construction / Building / Installation 4,642,200 AMD
Model Maker Construction / Building / Installation 4,681,400 AMD
Order Picker Construction / Building / Installation 2,782,600 AMD
Painter Construction / Building / Installation 2,878,300 AMD
Pipe Layer Construction / Building / Installation 2,485,800 AMD
Pipe Welder Construction / Building / Installation 2,519,500 AMD
Pipefitter Construction / Building / Installation 2,508,300 AMD
Plumber Construction / Building / Installation 3,335,900 AMD
Property Coordinator Construction / Building / Installation 7,823,800 AMD
Purchasing Manager Construction / Building / Installation 11,232,800 AMD
Quantity Estimator Construction / Building / Installation 5,926,600 AMD
Quantity Surveyor Construction / Building / Installation 5,471,700 AMD
Roof Slater and Tiler Construction / Building / Installation 2,629,100 AMD
Sheet Metal Mechanic Construction / Building / Installation 2,941,000 AMD
Sheet Metal Worker Construction / Building / Installation 2,698,900 AMD
Site Clerk Construction / Building / Installation 2,893,600 AMD
Site engineer Construction / Building / Installation 7,789,700 AMD
Site Leader Construction / Building / Installation 13,919,600 AMD
Stock Controller Construction / Building / Installation 4,548,600 AMD
Structural Steel Construction Worker Construction / Building / Installation 3,299,800 AMD
Technical Draughtsman Construction / Building / Installation 3,685,200 AMD
Tendering Manager Construction / Building / Installation 12,841,200 AMD
Tower Crane Operator Construction / Building / Installation 2,878,300 AMD
Wall and Floor Tiler Construction / Building / Installation 2,893,600 AMD
Warehouse Manager Construction / Building / Installation 10,248,600 AMD
Welder Construction / Building / Installation 2,662,900 AMD
Welding Superintendent Construction / Building / Installation 3,539,100 AMD

Salary Comparison by City

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

City Average Salary
Yerevan 15,480,300 AMD

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