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Insurance Appraiser Average Salary in Turkey 2020

How much money does an Insurance Appraiser make in Turkey?


Average Monthly Salary
7,930 TRY
( 95,200 TRY yearly)

LOW
4,280
TRY
AVERAGE
7,930
TRY
HIGH
12,000
TRY

A person working as an Insurance Appraiser in Turkey typically earns around 7,930 TRY per month. Salaries range from 4,280 TRY (lowest) to 12,000 TRY (highest).

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

Insurance Appraiser Salary Distribution in Turkey

Median and salary distribution monthly Turkey Insurance Appraiser
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The median, the maximum, the minimum, and the range

  • Salary Range

    Insurance Appraiser salaries in Turkey range from 4,280 TRY per month (minimum salary) to 12,000 TRY per month (maximum salary).

  • Median Salary

    The median salary is 7,300 TRY per month, which means that half (50%) of people working as Insurance Appraiser(s) are earning less than 7,300 TRY while the other half are earning more than 7,300 TRY. 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Insurance Appraiser(s) are earning less than 5,210 TRY while 75% of them are earning more than 5,210 TRY. Also from the diagram, 75% of Insurance Appraiser(s) are earning less than 8,860 TRY while 25% are earning more than 8,860 TRY.


What is the difference between the median and the average salary?

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

Insurance Appraiser Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Turkey Insurance Appraiser
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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 Insurance Appraiser salaries by experience level and this is what we found.

An Insurance Appraiser with less than two years of experience makes approximately 4,970 TRY per month.

While someone with an experience level between two and five years is expected to earn 6,280 TRY per month, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 8,280 TRY per month, 32% more than someone with two to five 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.

Additionally, Insurance Appraiser(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 9,740 TRY per month, 18% 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 10,800 TRY per month, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 11,500 TRY per month, 6% more than people with fifteen to twenty years of experience.


Insurance Appraiser average salary change by experience in Turkey

0 - 2 Years
4,970 TRY
2 - 5 Years+26%
6,280 TRY
5 - 10 Years+32%
8,280 TRY
10 - 15 Years+18%
9,740 TRY
15 - 20 Years+11%
10,800 TRY
20+ Years+6%
11,500 TRY
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Insurance Appraiser Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Insurance Appraiser(s) who have the same experience but different education levels.

Salary comparison by education level monthly Turkey Insurance Appraiser
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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 Insurance Appraiser salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of an Insurance Appraiser is 6,900 TRY per month.

While someone with a Bachelor's Degree gets a salary of 10,300 TRY per month, 49% more than someone having a Certificate or Diploma degree.


Insurance Appraiser average salary difference by education level in Turkey

Certificate or Diploma
6,900 TRY
Bachelor's Degree+49%
10,300 TRY
Percentage increase and decrease are relative to the previous value

Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Insurance Appraiser Salary Comparison By Gender

Salary comparison by gender monthly Turkey Insurance Appraiser
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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? Male Insurance Appraiser employees in Turkey earn 9% more than their female counterparts on average.

Male
8,200 TRY
Female-8%
7,550 TRY
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Turkey for all Careers

Salary comparison by gender monthly Turkey
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Insurance Appraiser Average Annual Salary Increment Percentage in Turkey

How much are annual salary increments in Turkey for Insurance Appraiser(s)? How often do employees get salary raises?

Insurance Appraiser

Insurance Appraiser(s) in Turkey are likely to observe a salary increase of approximately 11% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Turkey Insurance Appraiser
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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.

Turkey / All Professions

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.

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 Turkey is 5%.

Annual Increment Rate By Industry 2019

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Listed above are the average annual increase rates for each industry in Turkey for the year 2019. 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.


Worldwide Salary Raises: All Countries and All Jobs

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Insurance Appraiser Bonus and Incentive Rates in Turkey

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Turkey Insurance Appraiser
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An Insurance Appraiser 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 2% of their annual salary.

Received Bonus
25%
No Bonus
75%

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.

Insurance Appraiser Average Hourly Wage in Turkey


46 TRY per hour

The average hourly wage (pay per hour) in Turkey is 46 TRY. This means that the average Insurance Appraiser in Turkey earns approximately 46 TRY for every worked hour.


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

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.

Insurance Appraiser VS Other Jobs

Salary Comparison Between Insurance Appraiser and Insurance monthly Turkey
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The average salary for Insurance Appraiser is 1% more than that of Insurance. Also, Insurance salaries are 0% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Actuarial Analyst11,100 TRY+40%
Actuarial Assistant7,230 TRY-9%
Actuary10,900 TRY+37%
Adjustment Insurance Clerk3,030 TRY-62%
Assistant Broker5,330 TRY-33%
Assistant Claims Manager8,580 TRY+8%
Associate Insurance Representative4,340 TRY-45%
Auditing Insurance Manager12,400 TRY+56%
Broker7,780 TRY-2%
Claim Advocacy Professional7,780 TRY-2%
Claims Adjuster2,860 TRY-64%
Claims Analyst4,090 TRY-48%
Claims Examiner4,170 TRY-47%
Claims Manager11,600 TRY+46%
Claims Processor3,110 TRY-61%
Claims Representative3,490 TRY-56%
Claims Resolution Specialist8,540 TRY+8%
Claims Supervisor7,660 TRY-3%
Complaints Specialist7,380 TRY-7%
Compliance Officer6,650 TRY-16%
Consultant8,140 TRY+3%
Eligibility Specialist7,920 TRY-0%
Insurance Account Manager10,000 TRY+26%
Insurance Accounts Executive8,720 TRY+10%
Insurance Agent4,580 TRY-42%
Insurance Analyst7,890 TRY-1%
Insurance Appraiser7,930 TRY=
Insurance Claims Clerk3,000 TRY-62%
Insurance Examiner7,560 TRY-5%
Insurance Investigator7,920 TRY-0%
Insurance Manager13,700 TRY+73%
Insurance Operations Manager14,400 TRY+82%
Insurance Policy Processing Clerk2,890 TRY-64%
Insurance Pricing Assistant6,250 TRY-21%
Insurance Program Manager10,600 TRY+34%
Insurance Project Manager10,400 TRY+31%
Insurance Quality Assurance Agent7,060 TRY-11%
Insurance Sales Agent4,720 TRY-40%
Insurance Sales Director12,600 TRY+59%
Insurance Team Leader8,910 TRY+12%
Insurance Underwriter5,770 TRY-27%
Loss Control Specialist7,860 TRY-1%
Loss Prevention Investigator8,640 TRY+9%
Loss Prevention Manager11,200 TRY+41%
Loss Prevention Specialist8,350 TRY+5%
Marine Underwriter5,740 TRY-28%
Medical Auditor8,070 TRY+2%
Monitoring and Performance Officer5,560 TRY-30%
Payment Services Specialist8,330 TRY+5%
Policy Change Director12,900 TRY+63%
Policy Change Supervisor9,060 TRY+14%
Policy Change Technician3,750 TRY-53%
Risk Analyst9,040 TRY+14%
Risk Management Director16,000 TRY+100%
Risk Management Supervisor10,500 TRY+32%
Risk Manager14,500 TRY+83%
Risk Modeling Manager14,800 TRY+87%
Title Insurance Typist6,670 TRY-16%
Training Manager9,300 TRY+17%

Salary Comparison By City

CityAverage Salary
Ankara7,980 TRY
Antalya7,080 TRY
Istanbul9,060 TRY
Izmir8,060 TRY

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Turkey earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
7,630 TRY
Public Sector+5%
8,010 TRY
Percentage increase and decrease are relative to the previous value

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