Cash Management Manager Average Salary in Bangladesh 2024
How much money does a person working as Cash Management Manager make in Bangladesh?
LOW
23,300
BDT AVERAGE
50,700
BDT HIGH
80,600
BDT
A person working as Cash Management Manager in Bangladesh typically earns around 50,700 BDT. Salaries range from 23,300 BDT (lowest) to 80,600 BDT (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Cash Management Manager salaries in Bangladesh vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Cash Management Manager Pay Scale and Salaries in Bangladesh
Salary Structure and Pay Scale Comparison
48,100 BDT or more
42,100 to 48,100 BDT
29,000 BDT or less
29,000 to 42,100 BDT
 23,300 BDT |
48,400 BDT |
80,600 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 Cash Management Manager in Bangladesh range from 23,300 BDT (starting salary) to 80,600 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 48,400 BDT, half of the professionals who work as Cash Management Manager 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 Cash Management Manager in Bangladesh earn less than 39,000 BDT, while 75% earn more. Similarly, the chart shows that 75% earn less than 55,800 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 Cash Management Manager in Bangladesh compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 29,000 BDT to 42,100 BDT. About 20% of salaries are below the 29,000 BDT mark, while 10% fall within the range of 42,100 BDT to 48,100 BDT. Only 5% of individuals have salaries exceeding 48,100 BDT.
Salary Comparison by Years of Experience / Cash Management Manager / Bangladesh
How do experience and age affect pay?
| 0 - 2 Years | 26,500 BDT | |
| 2 - 5 Years | +34% | 35,300 BDT |
| 5 - 10 Years | +48% | 52,200 BDT |
| 10 - 15 Years | +22% | 63,700 BDT |
| 15 - 20 Years | +9% | 69,400 BDT |
| 20+ Years | +8% | 75,100 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 Cash Management Manager and this is what we found.
Employees with less than two years of experience earn approximately 26,500 BDT.
While someone with an experience level between two and five years is expected to earn 35,300 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 52,200 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 63,700 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 69,400 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 75,100 BDT, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Cash Management Manager / Bangladesh
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Cash Management Manager.
| Bachelor's Degree | 30,800 BDT | |
| Master's Degree | +93% | 59,400 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 Cash Management Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 30,800 BDT.
Level 2: Master's Degree
At this level, the average salary becomes 59,400 BDT, 93% 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 / Cash Management Manager / 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 Cash Management Manager in Bangladesh, the average difference between the salary of male and female employees is 21%.
| Male | 55,600 BDT | |
| Female | -18% | 45,800 BDT |
Salary Comparison By Gender in Bangladesh for all Careers
Average Annual Salary Increment Percentage / Cash Management Manager / Bangladesh
How much are annual salary increments in Bangladesh for individuals working as Cash Management Manager? How often do employees get salary raises?
Individuals working as Cash Management Manager in Bangladesh are likely to observe a salary increase of approximately 10% every 28 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 / Cash Management Manager / Bangladesh
How much and how often are bonuses being awarded?
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32% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 68% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 68% | |
| No Bonus | 32% |
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 / Cash Management Manager / Bangladesh
290 BDT per hourThe average hourly wage (pay per hour) for individuals working as Cash Management Manager in Bangladesh is 290 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 Cash Management Manager in Bangladesh is 130 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 |
| Banking |  -100% | |
| AML Analyst | 40,700 BDT | -20% |
| Assistant Bank Branch Manager | 35,700 BDT | -30% |
| Assistant Bank Manager | 46,700 BDT | -8% |
| ATM Manager | 40,100 BDT | -21% |
| ATM Service Technician | 11,300 BDT | -78% |
| Bank Accounts Analyst | 14,900 BDT | -71% |
| Bank Accounts Collector | 9,600 BDT | -81% |
| Bank Accounts Controller | 19,000 BDT | -63% |
| Bank Accounts Executive | 28,800 BDT | -43% |
| Bank Accounts Manager | 34,000 BDT | -33% |
| Bank Auditing Manager | 33,400 BDT | -34% |
| Bank Branch Manager | 47,800 BDT | -6% |
| Bank Branch Operations Coordinator | 20,600 BDT | -59% |
| Bank Clerk | 9,400 BDT | -81% |
| Bank Client Service Associate | 12,600 BDT | -75% |
| Bank Collector | 9,830 BDT | -81% |
| Bank Compliance Specialist | 26,200 BDT | -48% |
| Bank Manager | 55,600 BDT |  +10% |
| Bank Operational Risk Manager | 58,300 BDT | +15% |
| Bank Operations Head | 54,700 BDT | +8% |
| Bank Operations Officer | 21,400 BDT | -58% |
| Bank Operations Specialist | 35,400 BDT | -30% |
| Bank Process Manager | 32,900 BDT | -35% |
| Bank Product Manager | 35,500 BDT | -30% |
| Bank Programme Manager | 38,900 BDT | -23% |
| Bank Project Manager | 45,200 BDT | -11% |
| Bank Propositions Manager | 41,800 BDT | -18% |
| Bank Quantitative Analyst | 27,500 BDT | -46% |
| Bank Regional Manager | 57,300 BDT | +13% |
| Bank Regional Risk Officer | 28,400 BDT | -44% |
| Bank Relationship Manager | 42,800 BDT | -16% |
| Bank Relationship Officer | 18,400 BDT | -64% |
| Bank Sustainability Analyst | 33,600 BDT | -34% |
| Bank Teller | 9,860 BDT | -81% |
| Banker | 20,400 BDT | -60% |
| Banking Business Analyst | 29,800 BDT | -41% |
| Banking Business Development Officer | 17,800 BDT | -65% |
| Banking Business Planning Executive | 43,300 BDT | -15% |
| Banking Data Analyst | 35,100 BDT | -31% |
| Banking Product Manager | 38,100 BDT | -25% |
| Banking Reference Data Manager | 32,800 BDT | -35% |
| Banking Regulatory Compliance Officer | 33,200 BDT | -34% |
| Banking Risk Analyst | 28,300 BDT | -44% |
| Banking Technical Analyst | 15,700 BDT | -69% |
| Bankruptcy Coordinator | 21,400 BDT | -58% |
| Bill and Account Collector | 10,300 BDT | -80% |
| Blockchain Analyst | 26,200 BDT | -48% |
| Blockchain Architect | 28,000 BDT | -45% |
| Blockchain Auditor | 25,300 BDT | -50% |
| Blockchain Compliance Analyst | 26,600 BDT | -48% |
| Blockchain Consultant | 28,400 BDT | -44% |
| Blockchain Trade Facilitator | 24,300 BDT | -52% |
| Budget Analyst | 29,900 BDT | -41% |
| Capital Risk Manager | 55,600 BDT | +10% |
| Cards Marketing Manager | 35,100 BDT | -31% |
| Cash Management Manager | 50,700 BDT | +0% |
| Check Processing Manager | 38,200 BDT | -25% |
| Chief Blockchain Officer | 32,900 BDT | -35% |
| Commercial Vault Associate | 29,500 BDT | -42% |
| Corporate Banker | 20,900 BDT | -59% |
| Corporate Dealer | 29,900 BDT | -41% |
| Credit Analyst | 21,800 BDT | -57% |
| Credit and Collections Manager | 38,700 BDT | -24% |
| Credit Card Fraud Investigator | 30,200 BDT | -40% |
| Credit Portfolio Manager | 54,900 BDT | +8% |
| Credit Risk Analyst | 33,300 BDT | -34% |
| Credit Risk Associate | 30,000 BDT | -41% |
| Cryptocurrency Accountant | 18,800 BDT | -63% |
| Cryptocurrency Adviser | 37,200 BDT | -27% |
| Cryptocurrency Analyst | 28,400 BDT | -44% |
| Cryptocurrency Compliance Manager | 32,500 BDT | -36% |
| Cryptocurrency Trader | 29,600 BDT | -42% |
| Digital Banking Manager | 38,200 BDT | -25% |
| Digital Currency Analyst | 27,600 BDT | -46% |
| Direct Bank Sales Representative | 21,100 BDT | -58% |
| Exchange Control Consultant | 32,400 BDT | -36% |
| Executive Account Analyst | 30,100 BDT | -41% |
| Financial Bank Planning Consultant | 36,000 BDT | -29% |
| Financial Banking Analysis Manager | 45,300 BDT | -11% |
| Financial Banking Assistant | 13,500 BDT | -73% |
| Financial Banking Systems Manager | 39,400 BDT | -22% |
| Foreign Exchange Manager | 42,900 BDT | -15% |
| Fraud Analyst | 31,800 BDT | -37% |
| Fraud Detection Associate | 21,600 BDT | -57% |
| Fraud Detection Manager | 47,700 BDT | -6% |
| Fraud Detection Supervisor | 26,600 BDT | -48% |
| Internal Bank Audit Manager | 52,000 BDT | +3% |
| Internal Bank Auditor | 28,200 BDT | -44% |
| Internal Private Banker | 21,500 BDT | -58% |
| International Banking Manager | 60,600 BDT | +20% |
| Investment Banking Analyst | 42,900 BDT | -15% |
| Loan Analyst | 28,800 BDT | -43% |
| Loan Area Manager | 34,700 BDT | -32% |
| Loan Audit Team Leader | 32,500 BDT | -36% |
| Loan Branch Manager | 32,800 BDT | -35% |
| Loan Business Development Officer | 18,000 BDT | -64% |
| Loan Clerk | 10,700 BDT | -79% |
| Loan Collection and Recovery Manager | 34,000 BDT | -33% |
| Loan Collection Manager | 36,900 BDT | -27% |
| Loan Collector | 9,450 BDT | -81% |
| Loan Examiner | 12,800 BDT | -75% |
| Loan Officer | 11,700 BDT | -77% |
| Loan Processing Manager | 32,200 BDT | -36% |
| Loan Processor | 13,700 BDT | -73% |
| Loan Quality Assurance Auditor | 28,400 BDT | -44% |
| Loan Quality Assurance Manager | 32,100 BDT | -37% |
| Loan Quality Assurance Representative | 21,800 BDT | -57% |
| Loan Review Manager | 33,500 BDT | -34% |
| Loan Team Leader | 30,500 BDT | -40% |
| Loans Manager | 37,400 BDT | -26% |
| Mortgage Advisor | 21,300 BDT | -58% |
| Mortgage Collection Manager | 33,200 BDT | -34% |
| Mortgage Collector | 9,430 BDT | -81% |
| Mortgage Credit Analyst | 15,600 BDT | -69% |
| Mortgage Credit Manager | 33,400 BDT | -34% |
| Mortgage Development Manager | 39,000 BDT | -23% |
| Mortgage Document Reviewer | 12,200 BDT | -76% |
| Mortgage Funding Manager | 36,900 BDT | -27% |
| Mortgage Operations Manager | 48,900 BDT | -4% |
| Mortgage Payment Processing Clerk | 11,000 BDT | -78% |
| Mortgage Processing Manager | 33,300 BDT | -34% |
| Mortgage Processor | 13,300 BDT | -74% |
| Mortgage Quality Assurance Auditor | 28,900 BDT | -43% |
| Mortgage Quality Assurance Manager | 33,700 BDT | -34% |
| Mortgage Servicing Clerk | 10,500 BDT | -79% |
| Mortgage Servicing Manager | 33,800 BDT | -33% |
| Mortgage Underwriter | 12,800 BDT | -75% |
| Online Banking Manager | 52,400 BDT | +3% |
| Open Banking Strategist | 29,100 BDT | -43% |
| Payment Processing Clerk | 10,900 BDT | -78% |
| Personal Banker | 21,800 BDT | -57% |
| Personal Banking Advisor | 21,900 BDT | -57% |
| Phone Banker | 13,700 BDT | -73% |
| Private Banker | 20,400 BDT | -60% |
| Reconciliation and Investigation Specialist | 24,800 BDT | -51% |
| Tax Officer | 16,800 BDT | -67% |
| Teller | 10,200 BDT | -80% |
| Trade Officer | 11,800 BDT | -77% |
| Trade Product Manager | 34,300 BDT | -32% |
| Trader | 14,600 BDT | -71% |
| Treasury Operations Officer | 25,200 BDT | -50% |
| Wealth Management Advisor | 41,200 BDT | -19% |
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 Cash Management Manager in Bangladesh?
A good and competitive compensation would range anywhere between 48,400 BDT and 55,800 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 Cash Management Manager in Bangladesh ranges from 23,300 BDT to 39,000 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
