Accounting Clerk Average Salary in Baku 2024
How much money does a person working as Accounting Clerk make in Baku?
LOW
770
AZN AVERAGE
1,430
AZN HIGH
2,150
AZN
A person working as Accounting Clerk in Baku typically earns around 1,430 AZN. Salaries range from 770 AZN (lowest) to 2,150 AZN (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Accounting Clerk salaries in Baku vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Accounting Clerk Pay Scale and Salaries in Baku
Salary Structure and Pay Scale Comparison
1,270 AZN or more
1,140 to 1,270 AZN
850 AZN or less
850 to 1,140 AZN
 770 AZN |
1,270 AZN |
2,150 AZN |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Accounting Clerk in Baku range from 770 AZN (starting salary) to 2,150 AZN (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 1,270 AZN, half of the professionals who work as Accounting Clerk in Baku 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 Accounting Clerk in Baku earn less than 1,070 AZN, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,440 AZN 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 Accounting Clerk in Baku compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 850 AZN to 1,140 AZN. About 20% of salaries are below the 850 AZN mark, while 10% fall within the range of 1,140 AZN to 1,270 AZN. Only 5% of individuals have salaries exceeding 1,270 AZN.
Salary Comparison by Years of Experience / Accounting Clerk / Baku
How do experience and age affect pay?
| 0 - 2 Years | 890 AZN | |
| 2 - 5 Years | +26% | 1,130 AZN |
| 5 - 10 Years | +32% | 1,490 AZN |
| 10 - 15 Years | +18% | 1,750 AZN |
| 15 - 20 Years | +11% | 1,940 AZN |
| 20+ Years | +6% | 2,060 AZN |
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 Accounting Clerk and this is what we found.
Employees with less than two years of experience earn approximately 890 AZN.
While someone with an experience level between two and five years is expected to earn 1,130 AZN, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 1,490 AZN, 32% 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 1,750 AZN, 18% 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 1,940 AZN, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 2,060 AZN, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Accounting Clerk / Baku
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Accounting Clerk.
| High School | 1,130 AZN | |
| Certificate or Diploma | +37% | 1,540 AZN |
| Bachelor's Degree | +29% | 1,990 AZN |
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 Accounting Clerk in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 1,130 AZN.
Level 2: Certificate or Diploma
At this level, the average salary becomes 1,540 AZN, 37% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 1,990 AZN, 29% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Accounting Clerk / Baku
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 Accounting Clerk in Azerbaijan, the average difference between the salary of male and female employees is nan%.
| Male | 0 AZN | |
| Female | 0 AZN |
Salary Comparison By Gender in Azerbaijan for all Careers
Average Annual Salary Increment Percentage / Accounting Clerk / Baku
How much are annual salary increments in Baku for individuals working as Accounting Clerk? How often do employees get salary raises?
Individuals working as Accounting Clerk in Azerbaijan are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.
Azerbaijan / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Accounting Clerk / Azerbaijan
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/azerbaijan/accounting-and-finance/accounting-clerk/annual-salary-bonus-rate-azerbaijan-accounting-clerk.jpg
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 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.
Average Hourly Wage / Accounting Clerk / Baku
8 AZN per hourThe average hourly wage (pay per hour) for individuals working as Accounting Clerk in Baku is 8 AZN.This is the rate they get paid for every worked hour.
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 Accounting Clerk in Baku is 4 AZN. 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 Title | Average Salary |
| Accounting and Finance |  -100% | |
| Account Examiner | 1,820 AZN |  +28% |
| Account Executive | 2,860 AZN | +100% |
| Accountant | 2,380 AZN | +67% |
| Accounting Analyst | 2,940 AZN | +110% |
| Accounting Assistant | 1,880 AZN | +32% |
| Accounting Associate | 1,670 AZN | +17% |
| Accounting Clerk | 1,430 AZN | +0% |
| Accounting Coordinator | 2,180 AZN | +53% |
| Accounting Head | 4,530 AZN | +220% |
| Accounting Manager | 4,800 AZN | +240% |
| Accounting Officer | 1,790 AZN | +26% |
| Accounting Specialist | 3,300 AZN | +130% |
| Accounting Supervisor | 3,260 AZN | +130% |
| Accounting Technician | 1,590 AZN | +12% |
| Accounting Unit Controller | 4,040 AZN | +180% |
| Accounts Executive | 3,090 AZN | +120% |
| Accounts Officer | 1,930 AZN | +35% |
| Accounts Payable and Receivable Specialist | 2,350 AZN | +65% |
| Accounts Payable Assistant | 1,830 AZN | +28% |
| Accounts Payable Associate | 2,140 AZN | +50% |
| Accounts Payable Clerk | 1,700 AZN | +19% |
| Accounts Payable Manager | 4,550 AZN | +220% |
| Accounts Receivable Administrator | 3,320 AZN | +130% |
| Accounts Receivable Clerk | 1,730 AZN | +21% |
| Accounts Receivable Financial Analyst | 3,230 AZN | +130% |
| Accounts Receivable Manager | 4,550 AZN | +220% |
| Accounts Receivable Team Leader | 3,580 AZN | +150% |
| Algorithmic Trading Specialist | 4,070 AZN | +190% |
| Assistant Accountant | 1,850 AZN | +30% |
| Assistant Accounting Manager | 4,530 AZN | +220% |
| Assistant Auditor | 2,290 AZN | +61% |
| Assistant Corporate Controller | 3,270 AZN | +130% |
| Assistant Finance Manager | 4,690 AZN | +230% |
| Assistant Financial Controller | 3,240 AZN | +130% |
| Audit Director | 5,300 AZN | +270% |
| Audit Supervisor | 4,470 AZN | +210% |
| Auditing Clerk | 1,930 AZN | +35% |
| Auditing Manager | 4,790 AZN | +240% |
| Billing Clerk | 1,730 AZN | +21% |
| Billing Coordinator | 2,090 AZN | +47% |
| Billing Specialist | 2,460 AZN | +73% |
| Billing Supervisor | 3,610 AZN | +150% |
| Bookkeeper | 1,570 AZN | +10% |
| Bookkeeping Specialist | 2,170 AZN | +52% |
| Budget Analyst | 4,140 AZN | +190% |
| Budget Manager | 5,000 AZN | +250% |
| Business Support Analyst | 2,580 AZN | +81% |
| Capital Markets Associate | 3,580 AZN | +150% |
| Cash Flow Analyst | 3,690 AZN | +160% |
| Cash Management Manager | 4,880 AZN | +240% |
| Cash Management Officer | 2,590 AZN | +82% |
| Cashbook Clerk | 1,560 AZN | +9% |
| Chartered Accountant | 2,900 AZN | +100% |
| Chief Accountant | 3,420 AZN | +140% |
| Chief Financial Technology Officer | 4,710 AZN | +230% |
| Collections Clerk | 1,420 AZN | -0% |
| Collections Representative | 2,060 AZN | +44% |
| Collections Specialist | 2,430 AZN | +70% |
| Corporate Controller | 3,620 AZN | +150% |
| Corporate Treasurer | 4,550 AZN | +220% |
| Cost Accountant | 2,400 AZN | +68% |
| Cost Accounting Manager | 4,770 AZN | +230% |
| Cost Accounting Supervisor | 3,970 AZN | +180% |
| Cost Analyst | 3,860 AZN | +170% |
| Credit and Collection Manager | 4,840 AZN | +240% |
| Credit and Collection Staff | 1,780 AZN | +25% |
| Credit and Loans Officer | 1,770 AZN | +24% |
| Credit Controller | 3,310 AZN | +130% |
| Credit Manager | 5,130 AZN | +260% |
| Debt Adviser | 3,920 AZN | +170% |
| Debt Collector | 1,930 AZN | +35% |
| Debtors Clerk | 1,600 AZN | +12% |
| Debtors Controller | 1,790 AZN | +26% |
| Deputy CFO | 6,760 AZN | +370% |
| Deputy Head of Finance | 6,230 AZN | +340% |
| Derivative Trader | 4,060 AZN | +180% |
| Director of Finance | 7,140 AZN | +400% |
| E-commerce Accountant | 2,490 AZN | +75% |
| Economist | 5,770 AZN | +300% |
| Equity Analyst | 4,150 AZN | +190% |
| Escrow Assistant | 2,010 AZN | +41% |
| Executive Accountant | 2,700 AZN | +89% |
| External Auditor | 3,250 AZN | +130% |
| Finance Administrator | 2,630 AZN | +84% |
| Finance Analyst | 4,400 AZN | +210% |
| Finance Associate | 1,980 AZN | +39% |
| Finance Data Analyst | 3,940 AZN | +180% |
| Finance Director | 6,760 AZN | +370% |
| Finance Executive | 4,930 AZN | +250% |
| Finance Licensing Clerk | 1,750 AZN | +23% |
| Finance Licensing Manager | 4,670 AZN | +230% |
| Finance Licensing Specialist | 2,670 AZN | +87% |
| Finance Manager | 6,480 AZN | +350% |
| Finance Officer | 2,330 AZN | +63% |
| Finance President | 7,000 AZN | +390% |
| Finance Relationship Manager | 5,340 AZN | +270% |
| Finance Release Analyst | 2,730 AZN | +91% |
| Finance Specialist | 3,860 AZN | +170% |
| Finance Team Leader | 5,450 AZN | +280% |
| Financial Accountant | 2,400 AZN | +68% |
| Financial Actuary | 3,700 AZN | +160% |
| Financial Administrator | 3,860 AZN | +170% |
| Financial Advisor | 4,270 AZN | +200% |
| Financial Analyst | 4,110 AZN | +190% |
| Financial Applications Specialist | 3,040 AZN | +110% |
| Financial Assistant | 1,980 AZN | +39% |
| Financial Associate | 1,850 AZN | +30% |
| Financial Claims Analyst | 3,100 AZN | +120% |
| Financial Claims Manager | 4,140 AZN | +190% |
| Financial Claims Supervisor | 3,880 AZN | +170% |
| Financial Clerk | 1,750 AZN | +23% |
| Financial Commercial Analyst | 3,510 AZN | +150% |
| Financial Compliance Analyst | 3,950 AZN | +180% |
| Financial Compliance Officer | 3,900 AZN | +170% |
| Financial Consultant | 3,040 AZN | +110% |
| Financial Controller | 3,910 AZN | +170% |
| Financial Coordinator | 2,180 AZN | +53% |
| Financial Customer Service Manager | 4,110 AZN | +190% |
| Financial Data Scientist | 4,180 AZN | +190% |
| Financial Dealer and Broker | 2,440 AZN | +71% |
| Financial Director | 6,810 AZN | +380% |
| Financial Encoder | 2,050 AZN | +44% |
| Financial Manager | 6,270 AZN | +340% |
| Financial Modelling Analyst | 4,070 AZN | +190% |
| Financial Operations Manager | 5,780 AZN | +310% |
| Financial Policy Analyst | 3,620 AZN | +150% |
| Financial Project Manager | 4,950 AZN | +250% |
| Financial Quantitative Analyst | 3,980 AZN | +180% |
| Financial Reporting Consultant | 3,240 AZN | +130% |
| Financial Reporting Manager | 4,460 AZN | +210% |
| Financial Section Head | 4,620 AZN | +220% |
| Financial Services Manager | 6,140 AZN | +330% |
| Financial Services Sales Agent | 2,600 AZN | +82% |
| Financial Technology Consultant | 3,600 AZN | +150% |
| Financial Wellness Coach | 4,740 AZN | +230% |
| FinTech Analyst | 4,010 AZN | +180% |
| Fixed Assets Administrator | 2,360 AZN | +65% |
| Forensic Accountant | 2,690 AZN | +89% |
| Fraud Detection Supervisor | 2,800 AZN | +96% |
| Fraud Prevention Manager | 4,680 AZN | +230% |
| Fund Accountant | 2,210 AZN | +55% |
| Grants Coordinator | 1,720 AZN | +21% |
| Green Finance Analyst | 3,750 AZN | +160% |
| Group Financial Manager | 7,070 AZN | +400% |
| Internal Auditor | 3,130 AZN | +120% |
| Internal Control Adviser | 3,570 AZN | +150% |
| Internal Control Officer | 2,000 AZN | +40% |
| International Tax Director | 5,760 AZN | +300% |
| Inventory Accountant | 2,540 AZN | +78% |
| Investment Advisor | 6,250 AZN | +340% |
| Investment Analyst | 4,660 AZN | +230% |
| Investment Associate | 4,060 AZN | +180% |
| Investment Broker | 3,990 AZN | +180% |
| Investment Fund Manager | 5,440 AZN | +280% |
| Investment Operations Manager | 5,350 AZN | +280% |
| Investment Underwriter | 2,090 AZN | +47% |
| Investor | 3,020 AZN | +110% |
| Investor Relations Manager | 4,750 AZN | +230% |
| KYC Team Leader | 4,740 AZN | +230% |
| Loan Processor | 1,890 AZN | +33% |
| Management Accountant | 2,580 AZN | +81% |
| Management Economist | 5,500 AZN | +290% |
| Paymaster | 1,960 AZN | +37% |
| Payroll Administrator | 2,960 AZN | +110% |
| Payroll Benefits Coordinator | 2,500 AZN | +75% |
| Payroll Billing Manager | 4,160 AZN | +190% |
| Payroll Clerk | 1,980 AZN | +39% |
| Payroll Manager | 4,190 AZN | +190% |
| Payroll Officer | 2,000 AZN | +40% |
| Payroll Specialist | 2,420 AZN | +70% |
| Payroll Supervisor | 2,950 AZN | +110% |
| Pensions Administrator | 2,500 AZN | +75% |
| Personal Financial Advisor | 3,460 AZN | +140% |
| Pricing Analyst | 3,800 AZN | +170% |
| Private Equity Analyst | 4,120 AZN | +190% |
| Project Accountant | 2,600 AZN | +82% |
| Proposal Development Coordinator | 2,100 AZN | +47% |
| Quantitative Trader | 3,330 AZN | +130% |
| Receivables Accountant | 2,240 AZN | +57% |
| Regulatory Accountant | 2,490 AZN | +75% |
| Retirement Plan Analyst | 3,620 AZN | +150% |
| Revenue Management Specialist | 3,800 AZN | +170% |
| Revenue Recognition Analyst | 4,340 AZN | +200% |
| Risk Management Director | 5,760 AZN | +300% |
| Risk Management Supervisor | 4,780 AZN | +240% |
| Staff Accountant | 2,310 AZN | +62% |
| Tax Accountant | 2,230 AZN | +56% |
| Tax Administrator | 2,440 AZN | +71% |
| Tax Advisor | 3,480 AZN | +140% |
| Tax Analyst | 3,510 AZN | +150% |
| Tax Associate | 2,030 AZN | +42% |
| Tax Consultant | 3,690 AZN | +160% |
| Tax Director | 5,410 AZN | +280% |
| Tax Examiner | 2,540 AZN | +78% |
| Tax Manager | 4,980 AZN | +250% |
| Tax Research Manager | 5,020 AZN | +250% |
| Teller | 1,340 AZN | -6% |
| Treasury Accountant | 2,460 AZN | +73% |
| Treasury Analyst | 3,880 AZN | +170% |
| Underwriter | 1,680 AZN | +18% |
| Underwriting Assistant | 1,600 AZN | +12% |
| Vice President of Finance | 6,230 AZN | +340% |
Salary Comparison By City
| City | Average Salary |
| Baku | 1,430 AZN |
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 Azerbaijan is 10% on average across all career fields.
| Private Sector | 2,800 AZN | |
| Public Sector | +10% | 3,070 AZN |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Accounting Clerk in Baku?
A good and competitive compensation would range anywhere between 1,270 AZN and 1,440 AZN. 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 Accounting Clerk in Baku ranges from 770 AZN to 1,070 AZN. 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
