Chief Executive Officer Average Salary in Egypt 2023
How much money does a Chief Executive Officer make in Egypt?
LOW
10,800
EGP AVERAGE
20,800
EGP HIGH
31,800
EGP
A person working as a Chief Executive Officer in Egypt typically earns around 20,800 EGP per month. Salaries range from 10,800 EGP (lowest) to 31,800 EGP (highest).
This is the average monthly salary including housing, transport, and other benefits. Chief Executive Officer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Chief Executive Officer Salary Distribution in Egypt
The median, the maximum, the minimum, and the range
Salary Range
Chief Executive Officer salaries in Egypt range from 10,800 EGP per month (minimum salary) to 31,800 EGP per month (maximum salary).
Median Salary
The median salary is 19,900 EGP per month, which means that half (50%) of people working as Chief Executive Officer(s) are earning less than 19,900 EGP while the other half are earning more than 19,900 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 Chief Executive Officer(s) are earning less than 13,800 EGP while 75% of them are earning more than 13,800 EGP. Also from the diagram, 75% of Chief Executive Officer(s) are earning less than 24,800 EGP while 25% are earning more than 24,800 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
Chief Executive Officer Salary Comparison by Years of Experience
How does experience and age affect your pay?
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 Chief Executive Officer salaries by experience level and this is what we found.
A Chief Executive Officer with less than two years of experience makes approximately 12,300 EGP per month.
While someone with an experience level between two and five years is expected to earn 16,500 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 21,400 EGP per month, 30% more than someone with two to five years of experience.
Additionally, Chief Executive Officer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 25,900 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 28,300 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 29,800 EGP per month, 5% more than people with fifteen to twenty years of experience.
Chief Executive Officer average salary change by experience in Egypt
| 0 - 2 Years | 12,300 EGP | |
| 2 - 5 Years | +34% | 16,500 EGP |
| 5 - 10 Years | +30% | 21,400 EGP |
| 10 - 15 Years | +21% | 25,900 EGP |
| 15 - 20 Years | +9% | 28,300 EGP |
| 20+ Years | +5% | 29,800 EGP |
Typical Salary Progress for Most Careers
Chief Executive Officer Salary Comparison By Education
How do education levels affect salaries?
Displayed below is the average salary difference between different Chief Executive Officer(s) who have the same experience but different education levels.
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 Chief Executive Officer salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Chief Executive Officer is 11,600 EGP per month.
While someone with a Certificate or Diploma gets a salary of 13,700 EGP per month, 18% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 18,600 EGP per month, 35% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 26,800 EGP per month, 44% more than someone with Bachelor's Degree.
PhD holders are compensated with wage equivelant to 31,600 EGP per month, 18% more than someone with Master's Degree.
Chief Executive Officer average salary difference by education level in Egypt
| High School | 11,600 EGP | |
| Certificate or Diploma | +18% | 13,700 EGP |
| Bachelor's Degree | +35% | 18,600 EGP |
| Master's Degree | +44% | 26,800 EGP |
| PhD | +18% | 31,600 EGP |
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
Chief Executive Officer Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Chief Executive Officer employees in Egypt earn 13% more than their female counterparts on average.
| Male | 22,300 EGP | |
| Female | -11% | 19,800 EGP |
Salary Comparison By Gender in Egypt for all Careers
Chief Executive Officer Average Annual Salary Increment Percentage in Egypt
How much are annual salary increments in Egypt for Chief Executive Officer(s)? How often do employees get salary raises?
Chief Executive Officer
Chief Executive Officer(s) in Egypt are likely to observe a salary increase of approximately 15% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
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
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
Chief Executive Officer Bonus and Incentive Rates in Egypt
How much and how often are bonuses being awarded?
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A Chief Executive Officer 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.
20% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 80% 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 | 80% | |
| No Bonus | 20% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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.
Chief Executive Officer Average Hourly Wage in Egypt
120 EGP per hourThe average hourly wage (pay per hour) in Egypt is 120 EGP. This means that the average Chief Executive Officer in Egypt earns approximately 120 EGP for every worked hour.
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.
Chief Executive Officer VS Other Jobs
The average salary for Chief Executive Officer is 67% more than that of Executive and Management. Also, Executive and Management salaries are 35% more than those of All Jobs.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Account Coordinator | 8,830 EGP |  -58% |
| Administration Manager | 10,300 EGP | -50% |
| Area Manager | 9,540 EGP | -54% |
| Asset Protection Associate | 10,900 EGP | -48% |
| Assistant Director | 10,000 EGP | -52% |
| Assistant Manager | 11,200 EGP | -46% |
| Assistant Operations Manager | 12,200 EGP | -41% |
| Assistant Project Manager | 11,000 EGP | -47% |
| Assistant Section Head | 8,480 EGP | -59% |
| Assistant to CEO | 9,770 EGP | -53% |
| Assistant Vice President | 11,500 EGP | -45% |
| Associate Director | 10,300 EGP | -50% |
| Bid Manager | 12,200 EGP | -41% |
| Branch Manager | 11,100 EGP | -47% |
| Business Development Manager | 13,200 EGP | -36% |
| Business Operations Associate | 10,300 EGP | -50% |
| Business Operations Lead | 11,300 EGP | -46% |
| Campaign Manager | 12,000 EGP | -42% |
| Chairman of The Board | 20,500 EGP | -1% |
| Chairman Office Manager | 13,000 EGP | -37% |
| Chief Corporate Officer | 16,000 EGP | -23% |
| Chief Executive Officer | 20,800 EGP |  +0% |
| Chief Financial Officer | 19,300 EGP | -7% |
| Chief of Staff | 9,130 EGP | -56% |
| Chief Operating Officer | 15,000 EGP | -28% |
| Chief Risk Officer | 13,100 EGP | -37% |
| Client Services Manager | 13,600 EGP | -35% |
| Commercial Project Manager | 11,000 EGP | -47% |
| Commodity Broker | 8,150 EGP | -61% |
| Corporate Affairs Executive | 11,900 EGP | -43% |
| Corporate Compliance Director | 12,600 EGP | -39% |
| Corporate Director | 14,100 EGP | -32% |
| Corporate Officer | 9,620 EGP | -54% |
| Corporate Partnerships Officer | 9,300 EGP | -55% |
| Country Manager | 16,400 EGP | -21% |
| Deputy Director | 14,000 EGP | -33% |
| Director | 15,000 EGP | -28% |
| Director of Accreditation | 14,000 EGP | -33% |
| Director of Catering Services | 12,200 EGP | -41% |
| Director of Client Services | 12,400 EGP | -40% |
| Director of Facilities Management | 10,700 EGP | -49% |
| Director of Operations | 14,000 EGP | -33% |
| Director of Process Simplification | 10,700 EGP | -49% |
| Director of Project Management | 14,500 EGP | -30% |
| Director of Revenue Management | 12,400 EGP | -40% |
| Director of Training and Development | 13,000 EGP | -37% |
| Distribution Manager | 13,400 EGP | -36% |
| Division Manager | 12,400 EGP | -40% |
| Duty Manager | 12,100 EGP | -42% |
| Engagement Manager | 13,800 EGP | -34% |
| Executive Director | 20,500 EGP | -1% |
| Executive Manager | 16,100 EGP | -23% |
| Franchise Manager | 17,200 EGP | -17% |
| General Manager | 15,700 EGP | -24% |
| Global Master Data Manager | 14,100 EGP | -32% |
| Head of Middle Office | 12,600 EGP | -39% |
| Head of Projects | 14,000 EGP | -33% |
| Head of Sustainability | 11,200 EGP | -46% |
| Housing Manager | 11,000 EGP | -47% |
| HSE Manager | 10,800 EGP | -48% |
| Key Account Manager | 10,800 EGP | -48% |
| Knowledge Manager | 12,500 EGP | -40% |
| Location Manager | 13,000 EGP | -37% |
| Logistics Manager | 10,100 EGP | -51% |
| Management Consultant | 10,200 EGP | -51% |
| Management Executive | 14,700 EGP | -29% |
| Manager | 13,900 EGP | -33% |
| Managing Director | 16,600 EGP | -20% |
| MIS Executive | 13,700 EGP | -34% |
| Ocean Services Manager | 13,600 EGP | -35% |
| Operations Assistant | 10,200 EGP | -51% |
| Operations Director | 14,500 EGP | -30% |
| Operations Executive | 14,800 EGP | -29% |
| Operations Manager | 14,900 EGP | -28% |
| Operations Supervisor | 12,300 EGP | -41% |
| Policy Administration Executive | 11,400 EGP | -45% |
| Private Sector Executive | 12,300 EGP | -41% |
| Product Development Manager | 13,600 EGP | -35% |
| Product Executive | 11,700 EGP | -44% |
| Production Executive | 12,900 EGP | -38% |
| Production Manager | 13,600 EGP | -35% |
| Production Supervisor | 11,700 EGP | -44% |
| Program Manager | 14,400 EGP | -31% |
| Programme Coordinator | 9,620 EGP | -54% |
| Project Control Manager | 14,500 EGP | -30% |
| Project Coordinator | 7,940 EGP | -62% |
| Project Management Officer | 9,540 EGP | -54% |
| Project Manager | 10,300 EGP | -50% |
| Project Portfolio Manager | 10,400 EGP | -50% |
| Quality Manager | 10,700 EGP | -49% |
| R/D Director | 11,600 EGP | -44% |
| Regional Director | 19,300 EGP | -7% |
| Regional Manager | 13,600 EGP | -35% |
| Relationship Manager | 13,500 EGP | -35% |
| Retail District Manager | 10,000 EGP | -52% |
| Revenue Manager | 10,900 EGP | -48% |
| Risk and Capital Manager | 15,900 EGP | -23% |
| Risk Officer | 10,300 EGP | -50% |
| Safety Manager | 9,980 EGP | -52% |
| Section Head | 10,300 EGP | -50% |
| Service Manager | 10,500 EGP | -49% |
| Shift Supervisor | 8,140 EGP | -61% |
| Solutions Manager | 9,280 EGP | -55% |
| Supervisor | 8,080 EGP | -61% |
| Supply Chain Manager | 13,700 EGP | -34% |
| Surveyor | 9,810 EGP | -53% |
| Technical Manager | 12,400 EGP | -40% |
| Territory Manager | 12,700 EGP | -39% |
| Validation Manager | 10,900 EGP | -48% |
| Vice President | 16,900 EGP | -19% |
| Zone Manager | 14,000 EGP | -33% |
Salary Comparison By City
| City | Average Salary |
| Alexandria | 21,100 EGP |
| Cairo | 22,700 EGP |
| Sharm el-Sheikh | 19,000 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 |
