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Capital Markets Associate Average Salary in Syria 2024

How much money does a person working as Capital Markets Associate make in Syria?


Average Monthly Salary
169,000 SYP
( 2,020,000 SYP yearly)

LOW
87,600
SYP
AVERAGE
169,000
SYP
HIGH
258,000
SYP
All salary figures displayed here are per month except when noted otherwise.
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.

A person working as Capital Markets Associate in Syria typically earns around 169,000 SYP. Salaries range from 87,600 SYP (lowest) to 258,000 SYP (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Capital Markets Associate salaries in Syria vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Capital Markets Associate Pay Scale and Salaries in Syria

Median and salary distribution Syria Capital Markets Associate monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
153,000 SYP or more
10% of people earn
136,000 to 153,000 SYP
20% of people earn
99,200 SYP or less
65% of people earn
99,200 to 136,000 SYP
Minimum Salary
87,600 SYP
Median
153,000 SYP
Maximum
258,000 SYP




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Capital Markets Associate in Syria range from 87,600 SYP (starting salary) to 258,000 SYP (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 153,000 SYP, half of the professionals who work as Capital Markets Associate in Syria 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 Capital Markets Associate in Syria earn less than 127,000 SYP, while 75% earn more. Similarly, the chart shows that 75% earn less than 174,000 SYP 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 Capital Markets Associate in Syria compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 99,200 SYP to 136,000 SYP. About 20% of salaries are below the 99,200 SYP mark, while 10% fall within the range of 136,000 SYP to 153,000 SYP. Only 5% of individuals have salaries exceeding 153,000 SYP.

Salary Comparison by Years of Experience / Capital Markets Associate / Syria

How do experience and age affect pay?

0 - 2 Years
99,500 SYP
2 - 5 Years+34%
134,000 SYP
5 - 10 Years+30%
174,000 SYP
10 - 15 Years+21%
210,000 SYP
15 - 20 Years+9%
230,000 SYP
20+ Years+5%
242,000 SYP
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Syria Capital Markets Associate
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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 Capital Markets Associate and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 99,500 SYP.

While someone with an experience level between two and five years is expected to earn 134,000 SYP, 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 174,000 SYP, 30% 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 210,000 SYP, 21% 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 230,000 SYP, 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 242,000 SYP, 5% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Capital Markets Associate / Syria

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Capital Markets Associate.

High School
120,000 SYP
Certificate or Diploma+14%
137,000 SYP
Bachelor's Degree+41%
193,000 SYP
Master's Degree+21%
234,000 SYP
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Syria Capital Markets Associate
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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 Capital Markets Associate in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 120,000 SYP.


Level 2: Certificate or Diploma

At this level, the average salary becomes 137,000 SYP, 14% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 193,000 SYP, 41% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 234,000 SYP, 21% 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 Syria costs anywhere from 745,000 SYP to 2,240,000 SYP 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 Comparison By Education Level
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Salary and Compensation Comparison By Gender / Capital Markets Associate / Syria

Salary comparison by gender Syria Capital Markets Associate monthly
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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 Capital Markets Associate in Syria, the average difference between the salary of male and female employees is 14%.

Male
182,000 SYP
Female-12%
160,000 SYP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Syria for all Careers

Salary comparison by gender monthly Syria
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Average Annual Salary Increment Percentage / Capital Markets Associate / Syria

How much are annual salary increments in Syria for individuals working as Capital Markets Associate? How often do employees get salary raises?

Individuals working as Capital Markets Associate in Syria are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 4% granted to employees every 29 months.

Annual Salary Increment Rate Syria Capital Markets Associate
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Syria / All Professions

Annual Salary Increment Rate Syria
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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

The average salary increase in one year (12 months) in Syria is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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 / Capital Markets Associate / Syria

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Syria Capital Markets Associate
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64% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 36% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
36%
No Bonus
64%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, 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 Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These 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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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 / Capital Markets Associate / Syria


970 SYP per hour

The average hourly wage (pay per hour) for individuals working as Capital Markets Associate in Syria is 970 SYP.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

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 Capital Markets Associate in Syria is 510 SYP. 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 TitleAverage Salary
Accounting and Finance-100%
Account Examiner80,700 SYP-52%
Account Executive136,000 SYP-19%
Accountant109,000 SYP-35%
Accounting Analyst137,000 SYP-19%
Accounting Assistant86,000 SYP-49%
Accounting Associate81,000 SYP-52%
Accounting Clerk65,600 SYP-61%
Accounting Coordinator96,800 SYP-43%
Accounting Head216,000 SYP+28%
Accounting Manager221,000 SYP+31%
Accounting Officer83,600 SYP-50%
Accounting Specialist154,000 SYP-9%
Accounting Supervisor143,000 SYP-15%
Accounting Technician72,600 SYP-57%
Accounting Unit Controller189,000 SYP+12%
Accounts Executive137,000 SYP-19%
Accounts Officer81,700 SYP-52%
Accounts Payable and Receivable Specialist113,000 SYP-33%
Accounts Payable Assistant90,900 SYP-46%
Accounts Payable Associate104,000 SYP-38%
Accounts Payable Clerk78,200 SYP-54%
Accounts Payable Manager210,000 SYP+25%
Accounts Receivable Administrator162,000 SYP-4%
Accounts Receivable Clerk80,000 SYP-53%
Accounts Receivable Financial Analyst149,000 SYP-12%
Accounts Receivable Manager212,000 SYP+26%
Accounts Receivable Team Leader166,000 SYP-1%
Algorithmic Trading Specialist195,000 SYP+16%
Assistant Accountant85,500 SYP-49%
Assistant Accounting Manager205,000 SYP+22%
Assistant Auditor107,000 SYP-37%
Assistant Corporate Controller141,000 SYP-16%
Assistant Finance Manager226,000 SYP+34%
Assistant Financial Controller154,000 SYP-9%
Audit Director248,000 SYP+47%
Audit Supervisor190,000 SYP+13%
Auditing Clerk81,700 SYP-52%
Auditing Manager226,000 SYP+34%
Billing Clerk84,400 SYP-50%
Billing Coordinator102,000 SYP-39%
Billing Specialist110,000 SYP-35%
Billing Supervisor172,000 SYP+2%
Bookkeeper74,700 SYP-56%
Bookkeeping Specialist98,900 SYP-41%
Budget Analyst179,000 SYP+6%
Budget Manager216,000 SYP+28%
Business Support Analyst120,000 SYP-29%
Capital Markets Associate169,000 SYP+0%
Cash Flow Analyst160,000 SYP-5%
Cash Management Manager212,000 SYP+26%
Cash Management Officer125,000 SYP-26%
Cashbook Clerk77,000 SYP-54%
Chartered Accountant140,000 SYP-17%
Chief Accountant162,000 SYP-4%
Chief Financial Technology Officer234,000 SYP+39%
Collections Clerk64,200 SYP-62%
Collections Representative97,800 SYP-42%
Collections Specialist107,000 SYP-37%
Corporate Controller179,000 SYP+6%
Corporate Treasurer201,000 SYP+19%
Cost Accountant108,000 SYP-36%
Cost Accounting Manager211,000 SYP+25%
Cost Accounting Supervisor167,000 SYP-1%
Cost Analyst171,000 SYP+1%
Credit and Collection Manager210,000 SYP+25%
Credit and Collection Staff82,300 SYP-51%
Credit and Loans Officer78,400 SYP-53%
Credit Controller156,000 SYP-7%
Credit Manager228,000 SYP+35%
Debt Adviser182,000 SYP+8%
Debt Collector89,800 SYP-47%
Debtors Clerk74,700 SYP-56%
Debtors Controller83,600 SYP-50%
Deputy CFO294,000 SYP+74%
Deputy Head of Finance301,000 SYP+79%
Derivative Trader178,000 SYP+6%
Director of Finance330,000 SYP+96%
E-commerce Accountant109,000 SYP-35%
Economist246,000 SYP+46%
Equity Analyst197,000 SYP+17%
Escrow Assistant98,900 SYP-41%
Executive Accountant125,000 SYP-26%
External Auditor154,000 SYP-9%
Finance Administrator122,000 SYP-28%
Finance Analyst189,000 SYP+12%
Finance Associate92,100 SYP-45%
Finance Data Analyst182,000 SYP+8%
Finance Director316,000 SYP+88%
Finance Executive233,000 SYP+38%
Finance Licensing Clerk79,100 SYP-53%
Finance Licensing Manager212,000 SYP+26%
Finance Licensing Specialist121,000 SYP-28%
Finance Manager303,000 SYP+80%
Finance Officer106,000 SYP-37%
Finance President305,000 SYP+81%
Finance Relationship Manager261,000 SYP+55%
Finance Release Analyst130,000 SYP-23%
Finance Specialist181,000 SYP+7%
Finance Team Leader 242,000 SYP+44%
Financial Accountant112,000 SYP-34%
Financial Actuary158,000 SYP-6%
Financial Administrator185,000 SYP+10%
Financial Advisor201,000 SYP+19%
Financial Analyst194,000 SYP+15%
Financial Applications Specialist142,000 SYP-16%
Financial Assistant83,900 SYP-50%
Financial Associate107,000 SYP-37%
Financial Claims Analyst150,000 SYP-11%
Financial Claims Manager200,000 SYP+19%
Financial Claims Supervisor188,000 SYP+12%
Financial Clerk80,100 SYP-52%
Financial Commercial Analyst161,000 SYP-4%
Financial Compliance Analyst168,000 SYP-0%
Financial Compliance Officer164,000 SYP-3%
Financial Consultant147,000 SYP-13%
Financial Controller179,000 SYP+6%
Financial Coordinator100,000 SYP-41%
Financial Customer Service Manager203,000 SYP+20%
Financial Data Scientist194,000 SYP+15%
Financial Dealer and Broker115,000 SYP-32%
Financial Director326,000 SYP+93%
Financial Encoder95,500 SYP-43%
Financial Manager312,000 SYP+85%
Financial Modelling Analyst190,000 SYP+13%
Financial Operations Manager275,000 SYP+63%
Financial Policy Analyst166,000 SYP-1%
Financial Project Manager219,000 SYP+30%
Financial Quantitative Analyst182,000 SYP+8%
Financial Reporting Consultant158,000 SYP-6%
Financial Reporting Manager205,000 SYP+22%
Financial Section Head197,000 SYP+17%
Financial Services Manager286,000 SYP+70%
Financial Services Sales Agent120,000 SYP-29%
Financial Technology Consultant168,000 SYP-0%
Financial Wellness Coach222,000 SYP+32%
FinTech Analyst188,000 SYP+12%
Fixed Assets Administrator112,000 SYP-34%
Forensic Accountant132,000 SYP-22%
Fraud Detection Supervisor138,000 SYP-18%
Fraud Prevention Manager231,000 SYP+37%
Fund Accountant99,100 SYP-41%
Grants Coordinator83,400 SYP-51%
Green Finance Analyst160,000 SYP-5%
Group Financial Manager315,000 SYP+87%
Internal Auditor149,000 SYP-12%
Internal Control Adviser176,000 SYP+4%
Internal Control Officer98,600 SYP-41%
International Tax Director260,000 SYP+54%
Inventory Accountant115,000 SYP-32%
Investment Advisor281,000 SYP+67%
Investment Analyst209,000 SYP+24%
Investment Associate173,000 SYP+3%
Investment Broker180,000 SYP+7%
Investment Fund Manager233,000 SYP+38%
Investment Operations Manager242,000 SYP+44%
Investment Underwriter89,800 SYP-47%
Investor139,000 SYP-18%
Investor Relations Manager219,000 SYP+30%
KYC Team Leader217,000 SYP+29%
Loan Processor92,400 SYP-45%
Management Accountant118,000 SYP-30%
Management Economist253,000 SYP+50%
Paymaster89,800 SYP-47%
Payroll Administrator149,000 SYP-12%
Payroll Benefits Coordinator115,000 SYP-32%
Payroll Billing Manager192,000 SYP+14%
Payroll Clerk90,200 SYP-46%
Payroll Manager191,000 SYP+13%
Payroll Officer92,700 SYP-45%
Payroll Specialist112,000 SYP-34%
Payroll Supervisor135,000 SYP-20%
Pensions Administrator115,000 SYP-32%
Personal Financial Advisor153,000 SYP-9%
Pricing Analyst173,000 SYP+3%
Private Equity Analyst187,000 SYP+11%
Project Accountant119,000 SYP-29%
Proposal Development Coordinator96,600 SYP-43%
Quantitative Trader154,000 SYP-9%
Receivables Accountant101,000 SYP-40%
Regulatory Accountant118,000 SYP-30%
Retirement Plan Analyst179,000 SYP+6%
Revenue Management Specialist188,000 SYP+12%
Revenue Recognition Analyst193,000 SYP+15%
Risk Management Director266,000 SYP+58%
Risk Management Supervisor221,000 SYP+31%
Staff Accountant98,700 SYP-41%
Tax Accountant106,000 SYP-37%
Tax Administrator118,000 SYP-30%
Tax Advisor168,000 SYP-0%
Tax Analyst170,000 SYP+1%
Tax Associate96,400 SYP-43%
Tax Consultant179,000 SYP+6%
Tax Director262,000 SYP+55%
Tax Examiner116,000 SYP-31%
Tax Manager231,000 SYP+37%
Tax Research Manager211,000 SYP+25%
Teller62,200 SYP-63%
Treasury Accountant113,000 SYP-33%
Treasury Analyst180,000 SYP+7%
Underwriter74,400 SYP-56%
Underwriting Assistant70,700 SYP-58%
Vice President of Finance307,000 SYP+82%

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 Syria is 21% on average across all career fields.

Private Sector
136,000 SYP
Public Sector+21%
164,000 SYP
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Capital Markets Associate in Syria?

A good and competitive compensation would range anywhere between 153,000 SYP and 174,000 SYP. 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 Capital Markets Associate in Syria ranges from 87,600 SYP to 127,000 SYP. 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


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