Average Business Development Associate Salary in Mumbai, Maharashtra

Annual Base Salary - ₹4,77,000.00/year

The average annual salary of Business Development Associate is ₹4,77,000.00

₹2,04,970.00
Low
₹4,77,000.00
Average
₹10,70,000.00
High

The starting salary of Business Development Associate is between ₹1,74,225.00 and ₹2,04,970.00 whereas the maximum salary range is between ₹10,70,000.00 and ₹12,30,500.00.

Minimum Annual PayMaximum Annual Pay
₹1,74,225.00₹12,30,500.00
Bonus Range: Tooltip
₹14,170.00 - ₹3,14,080.00
₹14,170.00
₹12,30,500.00
Commission: Tooltip
₹60,420.00 - ₹2,18,400.00
₹60,420.00
₹12,30,500.00
  • Currency : INR
  • Annual Salary : ₹4,77,000.00
  • Weekly Pay : ₹8,654.00
  • Fortnightly Salary : ₹17,308.00
  • Monthly Salary : ₹37,500.00

Business Development Associate Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Business Development Associate. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Business Development Associate compared to female. Their involvement is 61% while of female is only 39%.

Salary Distribution Based on Years of Experience

The line graph shows Business Development Associate salary in Mumbai, Maharashtra, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Business Development Associate working less than a year in a company, you notice that their annual salary starts around ₹3,55,292.04.

As the years of experience reaches 1 to 4, there is a significant increase of ₹1,26,411.05 which would give a total wage of INR481,703.09.

Once the experience reaches 5-9 years Business Development Associate salary would decrease to a total of ₹4,72,050.00, subtracting ₹9,653.09 from the last salary.

Prominent Skills Affecting Business Development Associate Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Business Development Associate's salary. It clearly highlights the skills needed for a post of Business Development Associate when hired by an employer.

The most vital skill expected of Business Development Associate is Microsoft Excel which impacts the most than the rest of the skills indicated with a staggering 12% comparatively. Therefore, one’s salary would greatly depend on their skills in Microsoft Excel.

The skill least likely to affect one’s pay would be Microsoft PowerPoint with 1%. It can be said that Microsoft PowerPoint skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Business Development Associate. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹3,43,440.00 whereas the highest earning is ₹4,91,310.00 which clearly shows the salary increases with the level of expertise.

Early Career person will earn the maximum salary of ₹4,91,310.00 at 3%. So to summerize, Entry Level earns 28% less than the average salary, Early Career earns 3% more than the average salary, Mid Carrer earns 0% less than the average salary.

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