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Chief Executive Officer Average Salary in Egypt 2023

How much money does a Chief Executive Officer make in Egypt?


Average Monthly Salary
20,800 EGP
( 249,000 EGP yearly)

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

Median and salary distribution monthly Egypt Chief Executive Officer
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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?

Salary comparison by years of experience monthly Egypt Chief Executive Officer
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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 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.

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, 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
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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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.

Salary comparison by education level monthly Egypt Chief Executive Officer
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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 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
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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Chief Executive Officer Salary Comparison By Gender

Salary comparison by gender monthly Egypt Chief Executive Officer
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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 Chief Executive Officer employees in Egypt earn 13% more than their female counterparts on average.

Male
22,300 EGP
Female-11%
19,800 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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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.

Annual Salary Increment Rate Egypt Chief Executive Officer
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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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Chief Executive Officer Bonus and Incentive Rates in Egypt

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Egypt Chief Executive Officer
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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 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.

Chief Executive Officer Average Hourly Wage in Egypt


120 EGP per hour

The 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.


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.

Chief Executive Officer VS Other Jobs

Salary Comparison Between Chief Executive Officer and Executive and Management monthly Egypt
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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 TitleAverage Salary
Account Coordinator8,830 EGP-58%
Administration Manager10,300 EGP-50%
Area Manager9,540 EGP-54%
Asset Protection Associate10,900 EGP-48%
Assistant Director10,000 EGP-52%
Assistant Manager11,200 EGP-46%
Assistant Operations Manager12,200 EGP-41%
Assistant Project Manager11,000 EGP-47%
Assistant Section Head8,480 EGP-59%
Assistant to CEO9,770 EGP-53%
Assistant Vice President11,500 EGP-45%
Associate Director10,300 EGP-50%
Bid Manager12,200 EGP-41%
Branch Manager11,100 EGP-47%
Business Development Manager13,200 EGP-36%
Business Operations Associate10,300 EGP-50%
Business Operations Lead11,300 EGP-46%
Campaign Manager12,000 EGP-42%
Chairman of The Board20,500 EGP-1%
Chairman Office Manager13,000 EGP-37%
Chief Corporate Officer16,000 EGP-23%
Chief Executive Officer20,800 EGP+0%
Chief Financial Officer19,300 EGP-7%
Chief of Staff9,130 EGP-56%
Chief Operating Officer15,000 EGP-28%
Chief Risk Officer13,100 EGP-37%
Client Services Manager13,600 EGP-35%
Commercial Project Manager11,000 EGP-47%
Commodity Broker8,150 EGP-61%
Corporate Affairs Executive11,900 EGP-43%
Corporate Compliance Director12,600 EGP-39%
Corporate Director14,100 EGP-32%
Corporate Officer9,620 EGP-54%
Corporate Partnerships Officer9,300 EGP-55%
Country Manager16,400 EGP-21%
Deputy Director14,000 EGP-33%
Director15,000 EGP-28%
Director of Accreditation14,000 EGP-33%
Director of Catering Services12,200 EGP-41%
Director of Client Services12,400 EGP-40%
Director of Facilities Management10,700 EGP-49%
Director of Operations14,000 EGP-33%
Director of Process Simplification10,700 EGP-49%
Director of Project Management14,500 EGP-30%
Director of Revenue Management12,400 EGP-40%
Director of Training and Development13,000 EGP-37%
Distribution Manager13,400 EGP-36%
Division Manager12,400 EGP-40%
Duty Manager12,100 EGP-42%
Engagement Manager13,800 EGP-34%
Executive Director20,500 EGP-1%
Executive Manager16,100 EGP-23%
Franchise Manager17,200 EGP-17%
General Manager15,700 EGP-24%
Global Master Data Manager14,100 EGP-32%
Head of Middle Office12,600 EGP-39%
Head of Projects14,000 EGP-33%
Head of Sustainability11,200 EGP-46%
Housing Manager11,000 EGP-47%
HSE Manager10,800 EGP-48%
Key Account Manager10,800 EGP-48%
Knowledge Manager12,500 EGP-40%
Location Manager13,000 EGP-37%
Logistics Manager10,100 EGP-51%
Management Consultant10,200 EGP-51%
Management Executive14,700 EGP-29%
Manager13,900 EGP-33%
Managing Director16,600 EGP-20%
MIS Executive13,700 EGP-34%
Ocean Services Manager13,600 EGP-35%
Operations Assistant10,200 EGP-51%
Operations Director14,500 EGP-30%
Operations Executive14,800 EGP-29%
Operations Manager14,900 EGP-28%
Operations Supervisor12,300 EGP-41%
Policy Administration Executive11,400 EGP-45%
Private Sector Executive12,300 EGP-41%
Product Development Manager13,600 EGP-35%
Product Executive11,700 EGP-44%
Production Executive12,900 EGP-38%
Production Manager13,600 EGP-35%
Production Supervisor11,700 EGP-44%
Program Manager14,400 EGP-31%
Programme Coordinator9,620 EGP-54%
Project Control Manager14,500 EGP-30%
Project Coordinator7,940 EGP-62%
Project Management Officer9,540 EGP-54%
Project Manager10,300 EGP-50%
Project Portfolio Manager10,400 EGP-50%
Quality Manager10,700 EGP-49%
R/D Director11,600 EGP-44%
Regional Director19,300 EGP-7%
Regional Manager13,600 EGP-35%
Relationship Manager13,500 EGP-35%
Retail District Manager10,000 EGP-52%
Revenue Manager10,900 EGP-48%
Risk and Capital Manager15,900 EGP-23%
Risk Officer10,300 EGP-50%
Safety Manager9,980 EGP-52%
Section Head10,300 EGP-50%
Service Manager10,500 EGP-49%
Shift Supervisor8,140 EGP-61%
Solutions Manager9,280 EGP-55%
Supervisor8,080 EGP-61%
Supply Chain Manager13,700 EGP-34%
Surveyor9,810 EGP-53%
Technical Manager12,400 EGP-40%
Territory Manager12,700 EGP-39%
Validation Manager10,900 EGP-48%
Vice President16,900 EGP-19%
Zone Manager14,000 EGP-33%

Salary Comparison By City

CityAverage Salary
Alexandria21,100 EGP
Cairo22,700 EGP
Sharm el-Sheikh19,000 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
Percentage increase and decrease are relative to the previous value

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