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Corporate Treasurer Average Salary in Egypt 2023

How much money does a Corporate Treasurer make in Egypt?


Average Monthly Salary
12,200 EGP
( 147,000 EGP yearly)

LOW
6,360
EGP
AVERAGE
12,200
EGP
HIGH
18,700
EGP

A person working as a Corporate Treasurer in Egypt typically earns around 12,200 EGP per month. Salaries range from 6,360 EGP (lowest) to 18,700 EGP (highest).

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

Corporate Treasurer Salary Distribution in Egypt

Median and salary distribution monthly Egypt Corporate Treasurer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Corporate Treasurer salaries in Egypt range from 6,360 EGP per month (minimum salary) to 18,700 EGP per month (maximum salary).

  • Median Salary

    The median salary is 11,700 EGP per month, which means that half (50%) of people working as Corporate Treasurer(s) are earning less than 11,700 EGP while the other half are earning more than 11,700 EGP. 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 Corporate Treasurer(s) are earning less than 8,140 EGP while 75% of them are earning more than 8,140 EGP. Also from the diagram, 75% of Corporate Treasurer(s) are earning less than 14,600 EGP while 25% are earning more than 14,600 EGP.


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

Corporate Treasurer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Egypt Corporate Treasurer
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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 Corporate Treasurer salaries by experience level and this is what we found.

A Corporate Treasurer with less than two years of experience makes approximately 7,220 EGP per month.

While someone with an experience level between two and five years is expected to earn 9,690 EGP per month, 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 12,600 EGP per month, 30% 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, Corporate Treasurer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 15,200 EGP per month, 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 16,700 EGP 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 17,500 EGP per month, 5% more than people with fifteen to twenty years of experience.


Corporate Treasurer average salary change by experience in Egypt

0 - 2 Years
7,220 EGP
2 - 5 Years+34%
9,690 EGP
5 - 10 Years+30%
12,600 EGP
10 - 15 Years+21%
15,200 EGP
15 - 20 Years+9%
16,700 EGP
20+ Years+5%
17,500 EGP
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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Corporate Treasurer Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Egypt Corporate Treasurer
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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 Corporate Treasurer salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Corporate Treasurer is 8,700 EGP per month.

While someone with a Certificate or Diploma gets a salary of 9,940 EGP per month, 14% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 14,000 EGP per month, 41% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 17,000 EGP per month, 21% more than someone with Bachelor's Degree.


Corporate Treasurer average salary difference by education level in Egypt

High School
8,700 EGP
Certificate or Diploma+14%
9,940 EGP
Bachelor's Degree+41%
14,000 EGP
Master's Degree+21%
17,000 EGP
Percentage increase and decrease are relative to the previous value

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 Egypt costs anywhere from 46,000 Egyptian Pound(s) to 138,000 Egyptian Pound(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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Corporate Treasurer Salary Comparison By Gender

Salary comparison by gender monthly Egypt Corporate Treasurer
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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 Corporate Treasurer employees in Egypt earn 13% more than their female counterparts on average.

Male
13,100 EGP
Female-11%
11,600 EGP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Egypt for all Careers

Salary comparison by gender monthly Egypt
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Corporate Treasurer Average Annual Salary Increment Percentage in Egypt

How much are annual salary increments in Egypt for Corporate Treasurer(s)? How often do employees get salary raises?

Corporate Treasurer

Corporate Treasurer(s) in Egypt are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Egypt Corporate Treasurer
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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.

Egypt / 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 Egypt is 6%.

Annual Increment Rate By Industry 2022

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Listed above are the average annual increase rates for each industry in Egypt 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.


Worldwide Salary Raises: All Countries and All Jobs

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Corporate Treasurer Bonus and Incentive Rates in Egypt

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Egypt Corporate Treasurer
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A Corporate Treasurer is considered to be a high 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.

22% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 78% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
78%
No Bonus
22%

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.

Corporate Treasurer Average Hourly Wage in Egypt


71 EGP per hour

The average hourly wage (pay per hour) in Egypt is 71 EGP. This means that the average Corporate Treasurer in Egypt earns approximately 71 EGP 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.

Corporate Treasurer VS Other Jobs

Salary Comparison Between Corporate Treasurer and Accounting and Finance monthly Egypt
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The average salary for Corporate Treasurer is 29% more than that of Accounting and Finance. Also, Accounting and Finance salaries are 3% more than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Account Examiner4,720 EGP-61%
Account Executive8,410 EGP-31%
Accountant6,350 EGP-48%
Accounting Assistant4,790 EGP-61%
Accounting Associate4,650 EGP-62%
Accounting Clerk3,850 EGP-69%
Accounting Coordinator5,660 EGP-54%
Accounting Manager13,700 EGP+12%
Accounting Supervisor9,140 EGP-25%
Accounting Technician4,430 EGP-64%
Accounts Executive8,380 EGP-31%
Accounts Payable and Receivable Specialist6,670 EGP-45%
Accounts Payable Clerk4,620 EGP-62%
Accounts Payable Manager13,100 EGP+7%
Accounts Receivable Clerk4,750 EGP-61%
Accounts Receivable Manager12,000 EGP-2%
Assistant Accounting Manager12,300 EGP+1%
Assistant Auditor6,100 EGP-50%
Audit Supervisor11,500 EGP-6%
Auditing Clerk4,950 EGP-60%
Auditing Manager13,800 EGP+13%
Billing Coordinator5,630 EGP-54%
Billing Specialist6,870 EGP-44%
Billing Supervisor10,100 EGP-17%
Bookkeeper4,190 EGP-66%
Bookkeeping Specialist6,040 EGP-51%
Budget Analyst10,600 EGP-13%
Budget Manager13,500 EGP+10%
Business Support Analyst6,880 EGP-44%
Capital Markets Associate9,760 EGP-20%
Cash Flow Analyst9,530 EGP-22%
Cash Management Officer7,450 EGP-39%
Cashbook Clerk4,120 EGP-66%
Chartered Accountant7,990 EGP-35%
Collections Clerk4,060 EGP-67%
Collections Specialist6,520 EGP-47%
Corporate Treasurer12,200 EGP-0%
Cost Accountant6,480 EGP-47%
Cost Accounting Manager12,200 EGP-0%
Cost Analyst10,500 EGP-14%
Credit and Collection Manager13,100 EGP+7%
Credit and Collection Staff4,890 EGP-60%
Credit and Loans Officer4,580 EGP-63%
Credit Controller8,620 EGP-29%
Debt Adviser10,900 EGP-11%
Debt Collector5,120 EGP-58%
Debtors Clerk4,500 EGP-63%
Deputy CFO16,700 EGP+37%
Derivative Trader11,400 EGP-7%
Escrow Assistant5,820 EGP-52%
External Auditor9,000 EGP-26%
Finance Associate5,520 EGP-55%
Finance Executive13,600 EGP+11%
Finance Licensing Clerk4,760 EGP-61%
Finance Licensing Manager12,200 EGP-0%
Finance Licensing Specialist6,650 EGP-46%
Finance Officer6,090 EGP-50%
Finance President19,200 EGP+57%
Finance Relationship Manager15,200 EGP+24%
Finance Release Analyst7,300 EGP-40%
Finance Team Leader 14,100 EGP+15%
Financial Actuary10,200 EGP-17%
Financial Administrator10,500 EGP-14%
Financial Analyst11,300 EGP-8%
Financial Applications Specialist8,170 EGP-33%
Financial Assistant5,080 EGP-58%
Financial Associate4,910 EGP-60%
Financial Claims Analyst8,140 EGP-33%
Financial Claims Manager11,500 EGP-6%
Financial Commercial Analyst9,380 EGP-23%
Financial Compliance Analyst10,200 EGP-17%
Financial Consultant8,390 EGP-31%
Financial Controller9,660 EGP-21%
Financial Coordinator5,910 EGP-52%
Financial Customer Service Manager11,900 EGP-3%
Financial Dealer and Broker7,010 EGP-43%
Financial Encoder5,190 EGP-58%
Financial Manager17,800 EGP+46%
Financial Operations Manager16,200 EGP+33%
Financial Policy Analyst9,720 EGP-20%
Financial Project Manager12,700 EGP+4%
Financial Quantitative Analyst11,200 EGP-8%
Financial Reporting Consultant9,570 EGP-22%
Financial Reporting Manager12,000 EGP-2%
Financial Services Sales Agent6,670 EGP-45%
Fixed Assets Administrator6,630 EGP-46%
Forensic Accountant7,680 EGP-37%
Fraud Detection Supervisor7,750 EGP-37%
Fraud Prevention Manager12,400 EGP+1%
Fund Accountant6,180 EGP-49%
Grants Coordinator4,790 EGP-61%
Internal Auditor8,280 EGP-32%
Internal Control Adviser9,890 EGP-19%
Internal Control Officer5,280 EGP-57%
Inventory Accountant6,630 EGP-46%
Investment Analyst13,100 EGP+7%
Investment Fund Manager14,300 EGP+17%
Investment Underwriter5,260 EGP-57%
Investor8,120 EGP-34%
Investor Relations Manager12,200 EGP-0%
KYC Team Leader12,100 EGP-1%
Management Economist14,100 EGP+15%
Paymaster5,240 EGP-57%
Payroll Clerk5,500 EGP-55%
Payroll Manager11,100 EGP-9%
Pensions Administrator6,410 EGP-48%
Pricing Analyst10,100 EGP-17%
Private Equity Analyst11,300 EGP-8%
Proposal Development Coordinator5,390 EGP-56%
Receivables Accountant6,100 EGP-50%
Regulatory Accountant6,830 EGP-44%
Retirement Plan Analyst10,000 EGP-18%
Revenue Management Specialist10,000 EGP-18%
Revenue Recognition Analyst11,300 EGP-8%
Risk Management Director14,900 EGP+22%
Risk Management Supervisor13,100 EGP+7%
Tax Accountant6,240 EGP-49%
Tax Advisor9,580 EGP-22%
Tax Associate5,410 EGP-56%
Tax Manager13,000 EGP+6%
Teller3,910 EGP-68%
Treasury Accountant6,640 EGP-46%
Treasury Analyst10,200 EGP-17%
Underwriter4,320 EGP-65%
Underwriting Assistant4,330 EGP-65%
Vice President of Finance17,200 EGP+41%

Salary Comparison By City

CityAverage Salary
Alexandria12,600 EGP
Cairo13,600 EGP
Sharm el-Sheikh10,700 EGP

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 Egypt earn 6% more than their private sector counterparts on average across all sectors.

Private Sector
8,900 EGP
Public Sector+6%
9,440 EGP
Percentage increase and decrease are relative to the previous value

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