Home > Salary > Ethiopia > Chief Business Officer
The Chief Business Officer (CBO) is a high-level executive responsible for overseeing and managing the overall business operations of an organization. This role requires a combination of strategic thinking, financial acumen, and strong leadership skills. The CBO collaborates with other executives to develop and implement business plans, set goals, and drive growth initiatives. They are responsible for identifying new business opportunities, building strategic partnerships, and ensuring effective execution of business strategies. The CBO also plays a key role in financial planning, budgeting, and monitoring performance metrics to ensure the organization's financial health. Additionally, they may be involved in marketing, sales, and customer relationship management activities. Overall, the CBO is instrumental in shaping the organization's vision, driving revenue generation, and ensuring operational excellence.
Estimated Yearly Salary: 334,396 ETB
Estimated Monthly Salary: 27,866 ETB
Estimated Weekly Salary: 6,431 ETB per week
Estimated Hourly Salary: 161 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,995 ETB
Estimated Weekly Salary: 6,230 ETB per week
Estimated Hourly Salary: 156 ETB per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 5,605 USD
Estimated Monthly Salary: 467 USD
Estimated Weekly Salary: 108 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 334,396 ETB
Estimated Monthly Salary: 27,866 ETB
Estimated Weekly Salary: 6,431 ETB per week
Estimated Hourly Salary: 161 ETB per hour
By working as Chief Business Officer a person can save up to 390 USD per month or 4,683 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Chief Business Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Actuarial director (341,520 ETB per year, pre-tax.)
Bilingual loan processor (57,247 ETB per year, pre-tax.)
Train conductor (118,358 ETB per year, pre-tax.)
Pipelayer (69,432 ETB per year, pre-tax.)
Sap functional lead (175,687 ETB per year, pre-tax.)
Chief Business Officer salary in Ethiopia
Average Yearly Salary of Chief Business Officer in Ethiopia is approximately 334,396 ETB (5,605 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Chief Business Officer do?
The Chief Business Officer (CBO) is a high-level executive responsible for overseeing and managing the overall business operations of an organization. This role requires a combination of strategic thinking, financial acumen, and strong leadership skills. The CBO collaborates with other executives to develop and implement business plans, set goals, and drive growth initiatives. They are responsible for identifying new business opportunities, building strategic partnerships, and ensuring effective execution of business strategies. The CBO also plays a key role in financial planning, budgeting, and monitoring performance metrics to ensure the organization's financial health. Additionally, they may be involved in marketing, sales, and customer relationship management activities. Overall, the CBO is instrumental in shaping the organization's vision, driving revenue generation, and ensuring operational excellence.
Skills: Chief Business Officer, Executive Leadership, Strategic Planning, Financial Management, Business Development, Partnerships
Job industry: Business services
Job industry: Business services
How much does Chief Business Officer make?
Salary details
How much does Chief Business Officer make?Estimated Yearly Salary: 334,396 ETB
Estimated Monthly Salary: 27,866 ETB
Estimated Weekly Salary: 6,431 ETB per week
Estimated Hourly Salary: 161 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 323,940 ETBEstimated Monthly Salary: 26,995 ETB
Estimated Weekly Salary: 6,230 ETB per week
Estimated Hourly Salary: 156 ETB per hour
Last revision of data: 2024-01-06Chief Business Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,605 USD
Estimated Monthly Salary: 467 USD
Estimated Weekly Salary: 108 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Chief Business Officer job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Chief Business Officer in Ethiopia earns on average:
3.18 times the average salary (or 318% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Chief Business Officer job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Chief Business Officer in Ethiopia earns on average:
3.18 times the average salary (or 318% of average salary).
Is Chief Business Officer a well paid job?
Yes, our data show that Chief Business Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Chief Business Officer?
High salary for Chief Business Officer would be somewhere between 367,836 ETB and 484,874 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Business Officer in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 334,396 ETB
Estimated Monthly Salary: 27,866 ETB
Estimated Weekly Salary: 6,431 ETB per week
Estimated Hourly Salary: 161 ETB per hour
By working as Chief Business Officer a person can save up to 390 USD per month or 4,683 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Business Officer
Sudan is 2,217 USD
Kenya is 17,503 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Actuarial director (341,520 ETB per year, pre-tax.)
Bilingual loan processor (57,247 ETB per year, pre-tax.)
Train conductor (118,358 ETB per year, pre-tax.)
Pipelayer (69,432 ETB per year, pre-tax.)
Sap functional lead (175,687 ETB per year, pre-tax.)
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