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Corporate Treasurer Average Salary in Ankara 2024

How much money does a person working as Corporate Treasurer make in Ankara?


Average Monthly Salary
10,900 TRY
( 130,000 TRY yearly)

LOW
5,320
TRY
AVERAGE
10,900
TRY
HIGH
16,900
TRY
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Corporate Treasurer in Ankara typically earns around 10,900 TRY. Salaries range from 5,320 TRY (lowest) to 16,900 TRY (highest).


Salary Variance

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



Corporate Treasurer Pay Scale and Salaries in Ankara

Median and salary distribution Ankara Corporate Treasurer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
10,100 TRY or more
10% of people earn
8,900 to 10,100 TRY
20% of people earn
6,310 TRY or less
65% of people earn
6,310 to 8,900 TRY
Minimum Salary
5,320 TRY
Median
10,100 TRY
Maximum
16,900 TRY




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Corporate Treasurer in Ankara range from 5,320 TRY (starting salary) to 16,900 TRY (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 10,100 TRY, half of the professionals who work as Corporate Treasurer in Ankara earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Corporate Treasurer in Ankara earn less than 8,290 TRY, while 75% earn more. Similarly, the chart shows that 75% earn less than 11,600 TRY while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Corporate Treasurer in Ankara compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,310 TRY to 8,900 TRY. About 20% of salaries are below the 6,310 TRY mark, while 10% fall within the range of 8,900 TRY to 10,100 TRY. Only 5% of individuals have salaries exceeding 10,100 TRY.

Salary Comparison by Years of Experience / Corporate Treasurer / Ankara

How do experience and age affect pay?

0 - 2 Years
6,310 TRY
2 - 5 Years+29%
8,110 TRY
5 - 10 Years+38%
11,200 TRY
10 - 15 Years+24%
13,900 TRY
15 - 20 Years+7%
14,900 TRY
20+ Years+7%
15,800 TRY
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Ankara 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 the wage. We broke down salaries by experience level for people working as Corporate Treasurer and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 6,310 TRY.

While someone with an experience level between two and five years is expected to earn 8,110 TRY, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 11,200 TRY, 38% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 13,900 TRY, 24% 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 14,900 TRY, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 15,800 TRY, 7% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Corporate Treasurer / Ankara

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Corporate Treasurer.

High School
7,880 TRY
Certificate or Diploma+15%
9,040 TRY
Bachelor's Degree+35%
12,200 TRY
Master's Degree+26%
15,300 TRY
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Ankara 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 salaries by education level for the position Corporate Treasurer in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 7,880 TRY.


Level 2: Certificate or Diploma

At this level, the average salary becomes 9,040 TRY, 15% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 12,200 TRY, 35% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 15,300 TRY, 26% more than the previous level.



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 Turkey costs anywhere from 39,300 TRY to 118,000 TRY 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 to a higher-paying job. The numbers seem to support the theory. 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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Salary and Compensation Comparison By Gender / Corporate Treasurer / Ankara

Salary comparison by gender Turkey Corporate Treasurer monthly
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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? For the people who work as Corporate Treasurer in Turkey, the average difference between the salary of male and female employees is 11%.

Male
10,800 TRY
Female-10%
9,730 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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Average Annual Salary Increment Percentage / Corporate Treasurer / Ankara

How much are annual salary increments in Ankara for individuals working as Corporate Treasurer? How often do employees get salary raises?

Individuals working as Corporate Treasurer in Turkey are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Turkey 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.

Turkey / All Professions

Annual Salary Increment Rate Turkey
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Corporate Treasurer / Turkey

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Turkey Corporate Treasurer
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

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

Received Bonus
%
No Bonus
100%

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.

Average Hourly Wage / Corporate Treasurer / Ankara


63 TRY per hour

The average hourly wage (pay per hour) for individuals working as Corporate Treasurer in Ankara is 63 TRY.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Corporate Treasurer in Ankara is 31 TRY. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner4,450 TRY-59%
Account Executive7,180 TRY-34%
Accountant5,530 TRY-49%
Accounting Analyst7,370 TRY-32%
Accounting Assistant4,260 TRY-61%
Accounting Associate4,300 TRY-60%
Accounting Clerk3,490 TRY-68%
Accounting Coordinator5,340 TRY-51%
Accounting Head11,400 TRY+5%
Accounting Manager12,700 TRY+17%
Accounting Officer4,380 TRY-60%
Accounting Specialist7,880 TRY-27%
Accounting Supervisor7,970 TRY-27%
Accounting Technician4,100 TRY-62%
Accounting Unit Controller9,880 TRY-9%
Accounts Executive7,010 TRY-35%
Accounts Officer4,480 TRY-59%
Accounts Payable and Receivable Specialist6,050 TRY-44%
Accounts Payable Assistant4,700 TRY-57%
Accounts Payable Associate5,360 TRY-51%
Accounts Payable Clerk4,360 TRY-60%
Accounts Payable Manager11,400 TRY+5%
Accounts Receivable Administrator8,330 TRY-23%
Accounts Receivable Clerk4,220 TRY-61%
Accounts Receivable Financial Analyst8,100 TRY-25%
Accounts Receivable Manager10,900 TRY+0%
Accounts Receivable Team Leader8,330 TRY-23%
Algorithmic Trading Specialist10,500 TRY-3%
Assistant Accountant4,420 TRY-59%
Assistant Accounting Manager10,500 TRY-3%
Assistant Auditor5,880 TRY-46%
Assistant Corporate Controller8,190 TRY-25%
Assistant Finance Manager11,800 TRY+9%
Assistant Financial Controller7,540 TRY-31%
Audit Director13,300 TRY+22%
Audit Supervisor10,400 TRY-4%
Auditing Clerk4,480 TRY-59%
Auditing Manager12,300 TRY+13%
Billing Clerk4,350 TRY-60%
Billing Coordinator5,110 TRY-53%
Billing Specialist5,860 TRY-46%
Billing Supervisor8,620 TRY-21%
Bookkeeper3,650 TRY-66%
Bookkeeping Specialist5,590 TRY-49%
Budget Analyst10,400 TRY-4%
Budget Manager12,200 TRY+12%
Business Support Analyst6,630 TRY-39%
Capital Markets Associate8,330 TRY-23%
Cash Flow Analyst8,810 TRY-19%
Cash Management Manager11,400 TRY+5%
Cash Management Officer6,490 TRY-40%
Cashbook Clerk3,820 TRY-65%
Chartered Accountant7,090 TRY-35%
Chief Accountant8,790 TRY-19%
Chief Financial Technology Officer12,100 TRY+11%
Collections Clerk3,470 TRY-68%
Collections Representative4,910 TRY-55%
Collections Specialist5,790 TRY-47%
Corporate Controller9,090 TRY-16%
Corporate Treasurer10,900 TRY+0%
Cost Accountant5,870 TRY-46%
Cost Accounting Manager11,100 TRY+2%
Cost Accounting Supervisor9,020 TRY-17%
Cost Analyst8,760 TRY-19%
Credit and Collection Manager11,900 TRY+10%
Credit and Collection Staff4,350 TRY-60%
Credit and Loans Officer4,320 TRY-60%
Credit Controller8,290 TRY-24%
Credit Manager12,300 TRY+13%
Debt Adviser9,110 TRY-16%
Debt Collector4,830 TRY-56%
Debtors Clerk4,000 TRY-63%
Debtors Controller4,380 TRY-60%
Deputy CFO15,800 TRY+45%
Deputy Head of Finance15,300 TRY+41%
Derivative Trader9,930 TRY-9%
Director of Finance17,000 TRY+57%
E-commerce Accountant5,790 TRY-47%
Economist13,100 TRY+21%
Equity Analyst10,200 TRY-6%
Escrow Assistant5,170 TRY-52%
Executive Accountant6,600 TRY-39%
External Auditor8,160 TRY-25%
Finance Administrator6,420 TRY-41%
Finance Analyst10,500 TRY-3%
Finance Associate5,210 TRY-52%
Finance Data Analyst9,170 TRY-16%
Finance Director17,400 TRY+60%
Finance Executive12,400 TRY+14%
Finance Licensing Clerk4,070 TRY-63%
Finance Licensing Manager10,600 TRY-2%
Finance Licensing Specialist6,530 TRY-40%
Finance Manager16,300 TRY+50%
Finance Officer5,300 TRY-51%
Finance President16,700 TRY+54%
Finance Relationship Manager12,700 TRY+17%
Finance Release Analyst6,360 TRY-41%
Finance Specialist9,450 TRY-13%
Finance Team Leader 13,300 TRY+22%
Financial Accountant5,880 TRY-46%
Financial Actuary9,040 TRY-17%
Financial Administrator9,680 TRY-11%
Financial Advisor10,200 TRY-6%
Financial Analyst10,800 TRY-1%
Financial Applications Specialist7,270 TRY-33%
Financial Assistant4,610 TRY-58%
Financial Associate5,280 TRY-51%
Financial Claims Analyst7,380 TRY-32%
Financial Claims Manager10,600 TRY-2%
Financial Claims Supervisor9,720 TRY-11%
Financial Clerk4,400 TRY-59%
Financial Commercial Analyst8,170 TRY-25%
Financial Compliance Analyst9,210 TRY-15%
Financial Compliance Officer8,850 TRY-19%
Financial Consultant7,450 TRY-31%
Financial Controller8,870 TRY-18%
Financial Coordinator5,470 TRY-50%
Financial Customer Service Manager10,600 TRY-2%
Financial Data Scientist10,200 TRY-6%
Financial Dealer and Broker5,980 TRY-45%
Financial Director17,500 TRY+61%
Financial Encoder5,000 TRY-54%
Financial Manager16,800 TRY+55%
Financial Modelling Analyst10,700 TRY-1%
Financial Operations Manager14,100 TRY+30%
Financial Policy Analyst8,630 TRY-21%
Financial Project Manager11,500 TRY+6%
Financial Quantitative Analyst9,740 TRY-10%
Financial Reporting Consultant8,340 TRY-23%
Financial Reporting Manager10,600 TRY-2%
Financial Section Head11,300 TRY+4%
Financial Services Manager15,000 TRY+38%
Financial Services Sales Agent6,050 TRY-44%
Financial Technology Consultant9,260 TRY-15%
Financial Wellness Coach11,900 TRY+10%
FinTech Analyst9,820 TRY-10%
Fixed Assets Administrator5,770 TRY-47%
Forensic Accountant6,420 TRY-41%
Fraud Detection Supervisor7,030 TRY-35%
Fraud Prevention Manager11,400 TRY+5%
Fund Accountant5,280 TRY-51%
Grants Coordinator4,430 TRY-59%
Green Finance Analyst8,520 TRY-22%
Group Financial Manager16,900 TRY+56%
Internal Auditor7,670 TRY-29%
Internal Control Adviser8,970 TRY-17%
Internal Control Officer4,890 TRY-55%
International Tax Director14,100 TRY+30%
Inventory Accountant5,770 TRY-47%
Investment Advisor16,100 TRY+48%
Investment Analyst11,700 TRY+8%
Investment Associate9,920 TRY-9%
Investment Broker9,770 TRY-10%
Investment Fund Manager13,000 TRY+20%
Investment Operations Manager12,800 TRY+18%
Investment Underwriter4,870 TRY-55%
Investor7,210 TRY-34%
Investor Relations Manager11,000 TRY+1%
KYC Team Leader10,800 TRY-1%
Loan Processor4,630 TRY-57%
Management Accountant6,310 TRY-42%
Management Economist12,800 TRY+18%
Paymaster4,570 TRY-58%
Payroll Administrator7,820 TRY-28%
Payroll Benefits Coordinator6,580 TRY-39%
Payroll Billing Manager10,700 TRY-1%
Payroll Clerk5,090 TRY-53%
Payroll Manager10,500 TRY-3%
Payroll Officer5,030 TRY-54%
Payroll Specialist5,910 TRY-46%
Payroll Supervisor7,210 TRY-34%
Pensions Administrator5,810 TRY-47%
Personal Financial Advisor8,890 TRY-18%
Pricing Analyst9,530 TRY-12%
Private Equity Analyst9,830 TRY-10%
Project Accountant5,910 TRY-46%
Proposal Development Coordinator4,880 TRY-55%
Quantitative Trader8,150 TRY-25%
Receivables Accountant5,210 TRY-52%
Regulatory Accountant6,570 TRY-40%
Retirement Plan Analyst9,090 TRY-16%
Revenue Management Specialist9,300 TRY-14%
Revenue Recognition Analyst10,900 TRY+0%
Risk Management Director14,100 TRY+30%
Risk Management Supervisor11,400 TRY+5%
Staff Accountant5,650 TRY-48%
Tax Accountant5,330 TRY-51%
Tax Administrator6,130 TRY-44%
Tax Advisor8,510 TRY-22%
Tax Analyst8,370 TRY-23%
Tax Associate4,710 TRY-57%
Tax Consultant9,490 TRY-13%
Tax Director13,600 TRY+25%
Tax Examiner6,210 TRY-43%
Tax Manager11,600 TRY+7%
Tax Research Manager11,400 TRY+5%
Teller3,270 TRY-70%
Treasury Accountant6,020 TRY-45%
Treasury Analyst9,260 TRY-15%
Underwriter3,920 TRY-64%
Underwriting Assistant3,620 TRY-67%
Vice President of Finance15,600 TRY+44%

Salary Comparison By City

CityAverage Salary
Ankara10,900 TRY
Istanbul11,400 TRY

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Turkey is 5% on average across all career fields.

Private Sector
7,660 TRY
Public Sector+5%
8,040 TRY
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Corporate Treasurer in Ankara?

A good and competitive compensation would range anywhere between 10,100 TRY and 11,600 TRY. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Corporate Treasurer in Ankara ranges from 5,320 TRY to 8,290 TRY. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


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

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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