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).
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.
Minimum Salary 5,320 TRY |
Median 10,100 TRY |
Maximum 16,900 TRY |
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.
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.
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.
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.
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 |
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.
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.
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 |
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.
Employees at this education level have an average salary of 7,880 TRY.
At this level, the average salary becomes 9,040 TRY, 15% more than the previous level.
At this level, the average salary becomes 12,200 TRY, 35% more than the previous level.
At this level, the average salary becomes 15,300 TRY, 26% more than the previous level.
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.
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 |
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.
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.
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
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.
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% |
The 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.
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.
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.
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.
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.
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.
Job Title | Average Salary |
Accounting and Finance | -100% | |
Account Examiner | 4,450 TRY | -59% |
Account Executive | 7,180 TRY | -34% |
Accountant | 5,530 TRY | -49% |
Accounting Analyst | 7,370 TRY | -32% |
Accounting Assistant | 4,260 TRY | -61% |
Accounting Associate | 4,300 TRY | -60% |
Accounting Clerk | 3,490 TRY | -68% |
Accounting Coordinator | 5,340 TRY | -51% |
Accounting Head | 11,400 TRY | +5% |
Accounting Manager | 12,700 TRY | +17% |
Accounting Officer | 4,380 TRY | -60% |
Accounting Specialist | 7,880 TRY | -27% |
Accounting Supervisor | 7,970 TRY | -27% |
Accounting Technician | 4,100 TRY | -62% |
Accounting Unit Controller | 9,880 TRY | -9% |
Accounts Executive | 7,010 TRY | -35% |
Accounts Officer | 4,480 TRY | -59% |
Accounts Payable and Receivable Specialist | 6,050 TRY | -44% |
Accounts Payable Assistant | 4,700 TRY | -57% |
Accounts Payable Associate | 5,360 TRY | -51% |
Accounts Payable Clerk | 4,360 TRY | -60% |
Accounts Payable Manager | 11,400 TRY | +5% |
Accounts Receivable Administrator | 8,330 TRY | -23% |
Accounts Receivable Clerk | 4,220 TRY | -61% |
Accounts Receivable Financial Analyst | 8,100 TRY | -25% |
Accounts Receivable Manager | 10,900 TRY | +0% |
Accounts Receivable Team Leader | 8,330 TRY | -23% |
Algorithmic Trading Specialist | 10,500 TRY | -3% |
Assistant Accountant | 4,420 TRY | -59% |
Assistant Accounting Manager | 10,500 TRY | -3% |
Assistant Auditor | 5,880 TRY | -46% |
Assistant Corporate Controller | 8,190 TRY | -25% |
Assistant Finance Manager | 11,800 TRY | +9% |
Assistant Financial Controller | 7,540 TRY | -31% |
Audit Director | 13,300 TRY | +22% |
Audit Supervisor | 10,400 TRY | -4% |
Auditing Clerk | 4,480 TRY | -59% |
Auditing Manager | 12,300 TRY | +13% |
Billing Clerk | 4,350 TRY | -60% |
Billing Coordinator | 5,110 TRY | -53% |
Billing Specialist | 5,860 TRY | -46% |
Billing Supervisor | 8,620 TRY | -21% |
Bookkeeper | 3,650 TRY | -66% |
Bookkeeping Specialist | 5,590 TRY | -49% |
Budget Analyst | 10,400 TRY | -4% |
Budget Manager | 12,200 TRY | +12% |
Business Support Analyst | 6,630 TRY | -39% |
Capital Markets Associate | 8,330 TRY | -23% |
Cash Flow Analyst | 8,810 TRY | -19% |
Cash Management Manager | 11,400 TRY | +5% |
Cash Management Officer | 6,490 TRY | -40% |
Cashbook Clerk | 3,820 TRY | -65% |
Chartered Accountant | 7,090 TRY | -35% |
Chief Accountant | 8,790 TRY | -19% |
Chief Financial Technology Officer | 12,100 TRY | +11% |
Collections Clerk | 3,470 TRY | -68% |
Collections Representative | 4,910 TRY | -55% |
Collections Specialist | 5,790 TRY | -47% |
Corporate Controller | 9,090 TRY | -16% |
Corporate Treasurer | 10,900 TRY | +0% |
Cost Accountant | 5,870 TRY | -46% |
Cost Accounting Manager | 11,100 TRY | +2% |
Cost Accounting Supervisor | 9,020 TRY | -17% |
Cost Analyst | 8,760 TRY | -19% |
Credit and Collection Manager | 11,900 TRY | +10% |
Credit and Collection Staff | 4,350 TRY | -60% |
Credit and Loans Officer | 4,320 TRY | -60% |
Credit Controller | 8,290 TRY | -24% |
Credit Manager | 12,300 TRY | +13% |
Debt Adviser | 9,110 TRY | -16% |
Debt Collector | 4,830 TRY | -56% |
Debtors Clerk | 4,000 TRY | -63% |
Debtors Controller | 4,380 TRY | -60% |
Deputy CFO | 15,800 TRY | +45% |
Deputy Head of Finance | 15,300 TRY | +41% |
Derivative Trader | 9,930 TRY | -9% |
Director of Finance | 17,000 TRY | +57% |
E-commerce Accountant | 5,790 TRY | -47% |
Economist | 13,100 TRY | +21% |
Equity Analyst | 10,200 TRY | -6% |
Escrow Assistant | 5,170 TRY | -52% |
Executive Accountant | 6,600 TRY | -39% |
External Auditor | 8,160 TRY | -25% |
Finance Administrator | 6,420 TRY | -41% |
Finance Analyst | 10,500 TRY | -3% |
Finance Associate | 5,210 TRY | -52% |
Finance Data Analyst | 9,170 TRY | -16% |
Finance Director | 17,400 TRY | +60% |
Finance Executive | 12,400 TRY | +14% |
Finance Licensing Clerk | 4,070 TRY | -63% |
Finance Licensing Manager | 10,600 TRY | -2% |
Finance Licensing Specialist | 6,530 TRY | -40% |
Finance Manager | 16,300 TRY | +50% |
Finance Officer | 5,300 TRY | -51% |
Finance President | 16,700 TRY | +54% |
Finance Relationship Manager | 12,700 TRY | +17% |
Finance Release Analyst | 6,360 TRY | -41% |
Finance Specialist | 9,450 TRY | -13% |
Finance Team Leader | 13,300 TRY | +22% |
Financial Accountant | 5,880 TRY | -46% |
Financial Actuary | 9,040 TRY | -17% |
Financial Administrator | 9,680 TRY | -11% |
Financial Advisor | 10,200 TRY | -6% |
Financial Analyst | 10,800 TRY | -1% |
Financial Applications Specialist | 7,270 TRY | -33% |
Financial Assistant | 4,610 TRY | -58% |
Financial Associate | 5,280 TRY | -51% |
Financial Claims Analyst | 7,380 TRY | -32% |
Financial Claims Manager | 10,600 TRY | -2% |
Financial Claims Supervisor | 9,720 TRY | -11% |
Financial Clerk | 4,400 TRY | -59% |
Financial Commercial Analyst | 8,170 TRY | -25% |
Financial Compliance Analyst | 9,210 TRY | -15% |
Financial Compliance Officer | 8,850 TRY | -19% |
Financial Consultant | 7,450 TRY | -31% |
Financial Controller | 8,870 TRY | -18% |
Financial Coordinator | 5,470 TRY | -50% |
Financial Customer Service Manager | 10,600 TRY | -2% |
Financial Data Scientist | 10,200 TRY | -6% |
Financial Dealer and Broker | 5,980 TRY | -45% |
Financial Director | 17,500 TRY | +61% |
Financial Encoder | 5,000 TRY | -54% |
Financial Manager | 16,800 TRY | +55% |
Financial Modelling Analyst | 10,700 TRY | -1% |
Financial Operations Manager | 14,100 TRY | +30% |
Financial Policy Analyst | 8,630 TRY | -21% |
Financial Project Manager | 11,500 TRY | +6% |
Financial Quantitative Analyst | 9,740 TRY | -10% |
Financial Reporting Consultant | 8,340 TRY | -23% |
Financial Reporting Manager | 10,600 TRY | -2% |
Financial Section Head | 11,300 TRY | +4% |
Financial Services Manager | 15,000 TRY | +38% |
Financial Services Sales Agent | 6,050 TRY | -44% |
Financial Technology Consultant | 9,260 TRY | -15% |
Financial Wellness Coach | 11,900 TRY | +10% |
FinTech Analyst | 9,820 TRY | -10% |
Fixed Assets Administrator | 5,770 TRY | -47% |
Forensic Accountant | 6,420 TRY | -41% |
Fraud Detection Supervisor | 7,030 TRY | -35% |
Fraud Prevention Manager | 11,400 TRY | +5% |
Fund Accountant | 5,280 TRY | -51% |
Grants Coordinator | 4,430 TRY | -59% |
Green Finance Analyst | 8,520 TRY | -22% |
Group Financial Manager | 16,900 TRY | +56% |
Internal Auditor | 7,670 TRY | -29% |
Internal Control Adviser | 8,970 TRY | -17% |
Internal Control Officer | 4,890 TRY | -55% |
International Tax Director | 14,100 TRY | +30% |
Inventory Accountant | 5,770 TRY | -47% |
Investment Advisor | 16,100 TRY | +48% |
Investment Analyst | 11,700 TRY | +8% |
Investment Associate | 9,920 TRY | -9% |
Investment Broker | 9,770 TRY | -10% |
Investment Fund Manager | 13,000 TRY | +20% |
Investment Operations Manager | 12,800 TRY | +18% |
Investment Underwriter | 4,870 TRY | -55% |
Investor | 7,210 TRY | -34% |
Investor Relations Manager | 11,000 TRY | +1% |
KYC Team Leader | 10,800 TRY | -1% |
Loan Processor | 4,630 TRY | -57% |
Management Accountant | 6,310 TRY | -42% |
Management Economist | 12,800 TRY | +18% |
Paymaster | 4,570 TRY | -58% |
Payroll Administrator | 7,820 TRY | -28% |
Payroll Benefits Coordinator | 6,580 TRY | -39% |
Payroll Billing Manager | 10,700 TRY | -1% |
Payroll Clerk | 5,090 TRY | -53% |
Payroll Manager | 10,500 TRY | -3% |
Payroll Officer | 5,030 TRY | -54% |
Payroll Specialist | 5,910 TRY | -46% |
Payroll Supervisor | 7,210 TRY | -34% |
Pensions Administrator | 5,810 TRY | -47% |
Personal Financial Advisor | 8,890 TRY | -18% |
Pricing Analyst | 9,530 TRY | -12% |
Private Equity Analyst | 9,830 TRY | -10% |
Project Accountant | 5,910 TRY | -46% |
Proposal Development Coordinator | 4,880 TRY | -55% |
Quantitative Trader | 8,150 TRY | -25% |
Receivables Accountant | 5,210 TRY | -52% |
Regulatory Accountant | 6,570 TRY | -40% |
Retirement Plan Analyst | 9,090 TRY | -16% |
Revenue Management Specialist | 9,300 TRY | -14% |
Revenue Recognition Analyst | 10,900 TRY | +0% |
Risk Management Director | 14,100 TRY | +30% |
Risk Management Supervisor | 11,400 TRY | +5% |
Staff Accountant | 5,650 TRY | -48% |
Tax Accountant | 5,330 TRY | -51% |
Tax Administrator | 6,130 TRY | -44% |
Tax Advisor | 8,510 TRY | -22% |
Tax Analyst | 8,370 TRY | -23% |
Tax Associate | 4,710 TRY | -57% |
Tax Consultant | 9,490 TRY | -13% |
Tax Director | 13,600 TRY | +25% |
Tax Examiner | 6,210 TRY | -43% |
Tax Manager | 11,600 TRY | +7% |
Tax Research Manager | 11,400 TRY | +5% |
Teller | 3,270 TRY | -70% |
Treasury Accountant | 6,020 TRY | -45% |
Treasury Analyst | 9,260 TRY | -15% |
Underwriter | 3,920 TRY | -64% |
Underwriting Assistant | 3,620 TRY | -67% |
Vice President of Finance | 15,600 TRY | +44% |
City | Average Salary |
Ankara | 10,900 TRY |
Istanbul | 11,400 TRY |
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 |
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.
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.
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.
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