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Salary data for country: Armenia
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Salary for position Business Development Manager in Armenia

Gross salary in Armenia is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
2.6M - 9.4M AMD
10% earn less lthan 2.6M AMD
10% earns more than 9.4M AMD
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Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Business Development Manager position in the Armenia earn between 2,556,456 AMD and 9,363,444 AMD annually gross.

10% of employees earn less than 2,556,456 AMD and 10% of people earn more than 9,363,444 AMD.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Business Development Manager typically do

  • Develop and implement strategic business development plans to achieve company goals.
  • Identify and pursue new business opportunities through market research and networking.
  • Build and maintain strong relationships with clients, partners, and stakeholders.
  • Conduct presentations and product demonstrations to potential clients.
  • Collaborate with cross-functional teams to ensure alignment of business strategies.
  • Analyze market trends and competitor activities to inform business decisions.
  • Prepare and present regular reports on business development activities and outcomes.
  • Negotiate contracts and agreements with clients and partners.
  • Monitor and evaluate the effectiveness of business development initiatives.
  • Manage and mentor junior business development staff to enhance team performance.
  • Participate in industry conferences and events to represent the company and expand its network.
  • Ensure compliance with company policies and legal regulations in all business dealings.

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The most common career path of an employee

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Position Business Development Manager in the labour market

In the salary ranking,
the job position takes

45. place

Women representation in position

n/a

Average age of respondent by position

n/a

703. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

906,468 - 2,014,248 AMD

46. place

IT Business Analyst

Information Technology

Salary group 2

2,228,640 - 9,724,056 AMD

45. place

Business Development Manager

Management

Salary group 2

2,556,456 - 9,363,444 AMD

44. place

Cloud Engineer

Information Technology

Salary group 2

2,413,788 - 9,650,424 AMD

1. place

Software Engineer

Information Technology

Salary group 3

3,607,596 - 21,571,332 AMD

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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Business Development Manager.

The total gross salary for the position Business Development Manager ranges between 173,525 AMD and 1,390,558 AMD per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Business Development Manager have a total gross salary of at least 780,287 AMD per month.

10% of the highest-earning employees in this position have a total gross salary higher than 780,287 AMD per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 213,038 AMD per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Business Development Manager earns 494,793 AMD per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Business Development Manager, we currently have less than 20 verified respondents collected.