Blockchain Associate Average Salary in Bangladesh 2024
How much money does a person working as Blockchain Associate make in Bangladesh?
LOW
12,100
BDT AVERAGE
26,400
BDT HIGH
42,000
BDT
A person working as Blockchain Associate in Bangladesh typically earns around 26,400 BDT. Salaries range from 12,100 BDT (lowest) to 42,000 BDT (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Blockchain Associate salaries in Bangladesh vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Blockchain Associate Pay Scale and Salaries in Bangladesh
Salary Structure and Pay Scale Comparison
25,000 BDT or more
21,900 to 25,000 BDT
15,100 BDT or less
15,100 to 21,900 BDT
 12,100 BDT |
25,200 BDT |
42,000 BDT |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Blockchain Associate in Bangladesh range from 12,100 BDT (starting salary) to 42,000 BDT (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 25,200 BDT, half of the professionals who work as Blockchain Associate in Bangladesh earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Blockchain Associate in Bangladesh earn less than 20,300 BDT, while 75% earn more. Similarly, the chart shows that 75% earn less than 29,100 BDT while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Blockchain Associate in Bangladesh compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 15,100 BDT to 21,900 BDT. About 20% of salaries are below the 15,100 BDT mark, while 10% fall within the range of 21,900 BDT to 25,000 BDT. Only 5% of individuals have salaries exceeding 25,000 BDT.
Salary Comparison by Years of Experience / Blockchain Associate / Bangladesh
How do experience and age affect pay?
| 0 - 2 Years | 13,800 BDT | |
| 2 - 5 Years | +34% | 18,400 BDT |
| 5 - 10 Years | +48% | 27,200 BDT |
| 10 - 15 Years | +22% | 33,200 BDT |
| 15 - 20 Years | +9% | 36,200 BDT |
| 20+ Years | +8% | 39,100 BDT |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Blockchain Associate and this is what we found.
Employees with less than two years of experience earn approximately 13,800 BDT.
While someone with an experience level between two and five years is expected to earn 18,400 BDT, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 27,200 BDT, 48% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 33,200 BDT, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 36,200 BDT, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 39,100 BDT, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Blockchain Associate / Bangladesh
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Blockchain Associate.
| Certificate or Diploma | 15,700 BDT | |
| Bachelor's Degree | +57% | 24,700 BDT |
| Master's Degree | +68% | 41,400 BDT |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Blockchain Associate in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 15,700 BDT.
Level 2: Bachelor's Degree
At this level, the average salary becomes 24,700 BDT, 57% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 41,400 BDT, 68% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Bangladesh costs anywhere from 131,000 BDT to 392,000 BDT and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Blockchain Associate / Bangladesh
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Blockchain Associate in Bangladesh, the average difference between the salary of male and female employees is 21%.
| Male | 28,900 BDT | |
| Female | -18% | 23,800 BDT |
Salary Comparison By Gender in Bangladesh for all Careers
Average Annual Salary Increment Percentage / Blockchain Associate / Bangladesh
How much are annual salary increments in Bangladesh for individuals working as Blockchain Associate? How often do employees get salary raises?
Individuals working as Blockchain Associate in Bangladesh are likely to observe a salary increase of approximately 8% every 30 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Bangladesh / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Blockchain Associate / Bangladesh
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/bangladesh/information-technology/other-it/blockchain-associate/annual-salary-bonus-rate-bangladesh-blockchain-associate.jpg
59% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 41% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.
| Received Bonus | 41% | |
| No Bonus | 59% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Blockchain Associate / Bangladesh
150 BDT per hourThe average hourly wage (pay per hour) for individuals working as Blockchain Associate in Bangladesh is 150 BDT.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Blockchain Associate in Bangladesh is 70 BDT. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Information Technology |  -100% | |
| A/B Testing Specialist | 22,100 BDT | -16% |
| Applications System Specialist | 22,200 BDT | -16% |
| Artificial Intelligence / Machine Learning Analyst | 29,600 BDT |  +12% |
| Artificial Intelligence / Machine Learning Developer | 25,900 BDT | -2% |
| Artificial Intelligence / Machine Learning Ethics Officer | 31,700 BDT | +20% |
| Artificial Intelligence / Machine Learning Governance Specialist | 35,600 BDT | +35% |
| Artificial Intelligence / Machine Learning Implementation Officer | 36,700 BDT | +39% |
| Artificial Intelligence / Machine Learning Lead | 39,000 BDT | +48% |
| Artificial Intelligence / Machine Learning Officer | 38,800 BDT | +47% |
| Artificial Intelligence / Machine Learning Prompt Specialist | 23,900 BDT | -9% |
| Artificial Intelligence / Machine Learning Research Scientist | 34,100 BDT | +29% |
| Artificial Intelligence / Machine Learning Sales | 28,700 BDT | +9% |
| Artificial Intelligence / Machine Learning Software Engineer | 29,100 BDT | +10% |
| Artificial Intelligence / Machine Learning Strategist | 39,700 BDT | +50% |
| Artificial Intelligence / Machine Learning Trainer | 26,300 BDT | -0% |
| Artificial Intelligence and Machine Learning Specialist | 31,100 BDT | +18% |
| Artificial Intelligence Developer | 31,600 BDT | +20% |
| Blockchain Associate | 26,400 BDT | +0% |
| Blockchain Developer | 22,700 BDT | -14% |
| Blockchain Engineer | 26,700 BDT | +1% |
| ChatGPT Expert | 24,300 BDT | -8% |
| Computer Animator | 22,600 BDT | -14% |
| Computer Engineer | 22,100 BDT | -16% |
| Computer Hardware Engineer | 22,500 BDT | -15% |
| Computer Operator | 17,900 BDT | -32% |
| Computer Support Specialist | 20,800 BDT | -21% |
| Computer Technician | 21,000 BDT | -20% |
| Copy Editor | 20,600 BDT | -22% |
| Data Center Specialist | 25,900 BDT | -2% |
| Data Center Technician | 21,800 BDT | -17% |
| Data Visualization Specialist | 26,400 BDT | +0% |
| Deep Learning Developer | 25,800 BDT | -2% |
| Digital Ethics Consultant | 29,100 BDT | +10% |
| Documentation Specialist | 21,900 BDT | -17% |
| Ethical Hacker | 22,400 BDT | -15% |
| GIS Analyst | 23,400 BDT | -11% |
| Global BI Analyst | 28,700 BDT | +9% |
| Hardware Design Engineer | 24,900 BDT | -6% |
| Hardware Technician | 20,200 BDT | -23% |
| Help Desk Analyst | 25,300 BDT | -4% |
| Informatics Optimization Specialist | 26,500 BDT | +0% |
| Information Assurance Analyst | 27,800 BDT | +5% |
| Information Technology Infrastructure Engineer | 23,800 BDT | -10% |
| Information Technology Quality Specialist | 26,100 BDT | -1% |
| Information Technology Trainer | 27,000 BDT | +2% |
| Interface Designer | 20,700 BDT | -22% |
| Microsystems Engineer | 24,700 BDT | -6% |
| Mobile Interface Designer | 27,000 BDT | +2% |
| Neural Network Engineer | 30,400 BDT | +15% |
| Numerical Control Programmer | 21,200 BDT | -20% |
| Records Manager | 21,000 BDT | -20% |
| Robotic Process Automation Compliance Analyst | 24,100 BDT | -9% |
| Scrum Master | 21,100 BDT | -20% |
| Software Sales | 23,800 BDT | -10% |
| Software Specialist | 22,900 BDT | -13% |
| Software Tester | 22,700 BDT | -14% |
| Storage Engineer | 22,300 BDT | -16% |
| Systems Engineer | 20,500 BDT | -22% |
| Systems Integrator | 25,100 BDT | -5% |
| Technical Sales | 26,000 BDT | -2% |
| Technical Trainer | 25,200 BDT | -5% |
| Technical Writer | 22,400 BDT | -15% |
| Tester | 21,500 BDT | -19% |
| Usability Engineer | 25,000 BDT | -5% |
| User Experience Consultant | 26,300 BDT | -0% |
| User Experience Design Expert | 27,800 BDT | +5% |
| User Experience Researcher | 28,500 BDT | +8% |
| User Interface Designer | 23,800 BDT | -10% |
| Video Game Designer | 23,200 BDT | -12% |
| Virtual / Augmented Reality Architect | 32,700 BDT | +24% |
| Virtual / Augmented Reality Compliance Specialist | 29,300 BDT | +11% |
| Virtual / Augmented Reality Consultant | 33,800 BDT | +28% |
| Virtual / Augmented Reality Designer | 34,200 BDT | +30% |
| Virtual / Augmented Reality Developer | 30,700 BDT | +16% |
| Virtual / Augmented Reality Engineer | 29,200 BDT | +11% |
| Virtual / Augmented Reality Filmmaker | 36,700 BDT | +39% |
| Virtual / Augmented Reality Game Developer | 32,200 BDT | +22% |
| Virtual / Augmented Reality Marketing Specialist | 31,500 BDT | +19% |
| Virtual / Augmented Reality Officer | 35,900 BDT | +36% |
| Virtual / Augmented reality Sales Consultant | 37,600 BDT | +42% |
| Virtual / Augmented Reality Simulator Operator | 24,500 BDT | -7% |
| Virtual / Augmented Reality Specialist | 30,600 BDT | +16% |
| Virtual / Augmented Reality Technician | 26,600 BDT | +1% |
| Virtual / Augmented Reality Trainer | 36,700 BDT | +39% |
| Virtual / Augmented Reality User Experience Designer | 26,100 BDT | -1% |
| Visual Information Specialist | 23,500 BDT | -11% |
| Voice Interface Designer | 20,800 BDT | -21% |
| Writer and Documentor | 23,300 BDT | -12% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Bangladesh is 25% on average across all career fields.
| Private Sector | 23,200 BDT | |
| Public Sector | +25% | 29,000 BDT |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Blockchain Associate in Bangladesh?
A good and competitive compensation would range anywhere between 25,200 BDT and 29,100 BDT. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Blockchain Associate in Bangladesh ranges from 12,100 BDT to 20,300 BDT. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
