A person working as a Broker in Tunisia typically earns around 3,850 TND per month. Salaries range from 1,960 TND (lowest) to 5,930 TND (highest).
This is the average monthly salary including housing, transport, and other benefits. Broker salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Broker salaries in Tunisia range from 1,960 TND per month (minimum salary) to 5,930 TND per month (maximum salary).
The median salary is 3,770 TND per month, which means that half (50%) of people working as Broker(s) are earning less than 3,770 TND while the other half are earning more than 3,770 TND. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Broker(s) are earning less than 2,580 TND while 75% of them are earning more than 2,580 TND. Also from the diagram, 75% of Broker(s) are earning less than 4,750 TND while 25% are earning more than 4,750 TND.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Broker salaries by experience level and this is what we found.
A Broker with less than two years of experience makes approximately 2,200 TND per month.
While someone with an experience level between two and five years is expected to earn 2,870 TND per month, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 4,020 TND per month, 40% more than someone with two to five years of experience.
Additionally, Broker(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,840 TND per month, 20% 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 5,250 TND per month, 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 5,670 TND per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+31%|
|5 - 10 Years||+40%|
|10 - 15 Years||+20%|
|15 - 20 Years||+9%|
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 Broker salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Broker is 2,520 TND per month.
While someone with a Bachelor's Degree gets a salary of 3,790 TND per month, 50% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 5,610 TND per month, 48% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Tunisia costs anywhere from 19,600 Tunisian Dinar(s) to 58,700 Tunisian Dinar(s) 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 into a higher paying job. The numbers seem to support the thoery. 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Broker employees in Tunisia earn 16% more than their female counterparts on average.
Broker(s) in Tunisia are likely to observe a salary increase of approximately 11% every 19 months. The national average annual increment for all professions combined is 8% granted to employees every 19 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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.
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
Listed above are the average annual increase rates for each industry in Tunisia for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Broker is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
75% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 25% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
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.
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.
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.
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.
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.
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 fix 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.
The average salary for Broker is 2% less than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.
|Job Title||Average Salary|
|Actuarial Analyst||5,240 TND||+36%|
|Actuarial Assistant||3,760 TND||-2%|
|Adjustment Insurance Clerk||1,430 TND||-63%|
|Assistant Broker||2,420 TND||-37%|
|Assistant Claims Manager||4,220 TND||+10%|
|Associate Insurance Representative||2,160 TND||-44%|
|Auditing Insurance Manager||5,820 TND||+51%|
|Claim Advocacy Professional||3,930 TND||+2%|
|Claims Adjuster||1,490 TND||-61%|
|Claims Analyst||2,120 TND||-45%|
|Claims Examiner||2,160 TND||-44%|
|Claims Manager||5,420 TND||+41%|
|Claims Processor||1,460 TND||-62%|
|Claims Representative||1,710 TND||-56%|
|Claims Resolution Specialist||4,310 TND||+12%|
|Claims Supervisor||3,960 TND||+3%|
|Complaints Specialist||3,660 TND||-5%|
|Compliance Officer||3,280 TND||-15%|
|Eligibility Specialist||4,090 TND||+6%|
|Insurance Account Manager||5,000 TND||+30%|
|Insurance Accounts Executive||4,310 TND||+12%|
|Insurance Agent||2,280 TND||-41%|
|Insurance Analyst||4,070 TND||+6%|
|Insurance Appraiser||4,170 TND||+8%|
|Insurance Claims Clerk||1,430 TND||-63%|
|Insurance Examiner||3,590 TND||-7%|
|Insurance Investigator||3,760 TND||-2%|
|Insurance Manager||6,840 TND||+78%|
|Insurance Operations Manager||6,690 TND||+74%|
|Insurance Policy Processing Clerk||1,520 TND||-60%|
|Insurance Pricing Assistant||3,210 TND||-17%|
|Insurance Program Manager||5,330 TND||+39%|
|Insurance Project Manager||5,050 TND||+31%|
|Insurance Quality Assurance Agent||3,310 TND||-14%|
|Insurance Sales Agent||2,470 TND||-36%|
|Insurance Sales Director||6,530 TND||+70%|
|Insurance Team Leader||4,290 TND||+11%|
|Insurance Underwriter||2,910 TND||-24%|
|Loss Control Specialist||3,940 TND||+2%|
|Loss Prevention Investigator||4,330 TND||+13%|
|Loss Prevention Manager||5,590 TND||+45%|
|Loss Prevention Specialist||4,170 TND||+8%|
|Marine Underwriter||2,970 TND||-23%|
|Medical Auditor||4,040 TND||+5%|
|Monitoring and Performance Officer||2,710 TND||-30%|
|Payment Services Specialist||4,170 TND||+8%|
|Policy Change Director||5,990 TND||+56%|
|Policy Change Supervisor||4,220 TND||+10%|
|Policy Change Technician||1,930 TND||-50%|
|Risk Analyst||4,640 TND||+21%|
|Risk Management Director||7,410 TND||+93%|
|Risk Management Supervisor||4,890 TND||+27%|
|Risk Manager||7,430 TND||+93%|
|Risk Modeling Manager||7,580 TND||+97%|
|Title Insurance Typist||3,420 TND||-11%|
|Training Manager||4,230 TND||+10%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Tunisia earn 13% more than their private sector counterparts on average across all sectors.