Debt Adviser Average Salary in Istanbul 2024

How much money does a person working as Debt Adviser make in Istanbul?

Average Monthly Salary

10,800 TRY

( 129,000 TRY yearly)

LOW
4,960
TRY AVERAGE
10,800
TRY HIGH
17,200
TRY

Debt Adviser Pay Scale and Salaries in Istanbul

Salary Structure and Pay Scale Comparison

5% of people earn
10,200 TRY or more

10% of people earn
8,970 to 10,200 TRY

20% of people earn
6,180 TRY or less

65% of people earn
6,180 to 8,970 TRY

Minimum Salary 4,960 TRY

Median 10,300 TRY

Maximum 17,200 TRY

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 Debt Adviser in Istanbul range from 4,960 TRY (starting salary) to 17,200 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 10,300 TRY, half of the professionals who work as Debt Adviser in Istanbul 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 Debt Adviser in Istanbul earn less than 8,310 TRY, while 75% earn more. Similarly, the chart shows that 75% earn less than 11,900 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 Debt Adviser in Istanbul compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,180 TRY to 8,970 TRY. About 20% of salaries are below the 6,180 TRY mark, while 10% fall within the range of 8,970 TRY to 10,200 TRY. Only 5% of individuals have salaries exceeding 10,200 TRY.

Salary Comparison by Years of Experience / Debt Adviser / Istanbul

How do experience and age affect pay?

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 Debt Adviser and this is what we found.

Employees with less than two years of experience earn approximately 5,630 TRY.

While someone with an experience level between two and five years is expected to earn 7,520 TRY, 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 11,100 TRY, 48% 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 13,600 TRY, 22% 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 14,800 TRY, 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 16,000 TRY, 8% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Education / Debt Adviser / Istanbul

How do education levels affect salaries?

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

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 Debt Adviser in order to make a comparison.

Level 1: Certificate or Diploma

Employees at this education level have an average salary of 6,430 TRY.

Level 2: Bachelor's Degree

At this level, the average salary becomes 10,100 TRY, 57% more than the previous level.

Level 3: Master's Degree

At this level, the average salary becomes 16,900 TRY, 68% more than the previous level.

Typical Salary Difference by Education for Most Careers

Salary and Compensation Comparison By Gender / Debt Adviser / Istanbul

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 Debt Adviser in Turkey, the average difference between the salary of male and female employees is 18%.

Salary Comparison By Gender in Turkey for all Careers

Average Annual Salary Increment Percentage / Debt Adviser / Istanbul

How much are annual salary increments in Istanbul for individuals working as Debt Adviser? How often do employees get salary raises?

Individuals working as Debt Adviser 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.

Turkey / 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

Bonus and Incentive Rates / Debt Adviser / Turkey

How much and how often are bonuses being awarded?

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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?

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 / Debt Adviser / Istanbul

62 TRY per hour

The average hourly wage (pay per hour) for individuals working as Debt Adviser in Istanbul is 62 TRY.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 Debt Adviser in Istanbul is 29 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

Accounting and Finance		-100%
Account Examiner	4,650 TRY	-57%
Account Executive	8,010 TRY	-26%
Accountant	5,980 TRY	-45%
Accounting Analyst	7,890 TRY	-27%
Accounting Assistant	4,600 TRY	-57%
Accounting Associate	4,520 TRY	-58%
Accounting Clerk	3,760 TRY	-65%
Accounting Coordinator	5,580 TRY	-48%
Accounting Head	12,700 TRY	+18%
Accounting Manager	13,600 TRY	+26%
Accounting Officer	4,690 TRY	-57%
Accounting Specialist	8,420 TRY	-22%
Accounting Supervisor	8,360 TRY	-23%
Accounting Technician	4,220 TRY	-61%
Accounting Unit Controller	10,600 TRY	-2%
Accounts Executive	8,100 TRY	-25%
Accounts Officer	4,790 TRY	-56%
Accounts Payable and Receivable Specialist	6,080 TRY	-44%
Accounts Payable Assistant	5,120 TRY	-53%
Accounts Payable Associate	5,630 TRY	-48%
Accounts Payable Clerk	4,690 TRY	-57%
Accounts Payable Manager	12,300 TRY	+14%
Accounts Receivable Administrator	9,170 TRY	-15%
Accounts Receivable Clerk	4,540 TRY	-58%
Accounts Receivable Financial Analyst	8,700 TRY	-19%
Accounts Receivable Manager	11,700 TRY	+8%
Accounts Receivable Team Leader	9,400 TRY	-13%
Algorithmic Trading Specialist	10,500 TRY	-3%
Assistant Accountant	4,990 TRY	-54%
Assistant Accounting Manager	12,000 TRY	+11%
Assistant Auditor	5,980 TRY	-45%
Assistant Corporate Controller	8,680 TRY	-20%
Assistant Finance Manager	12,400 TRY	+15%
Assistant Financial Controller	8,820 TRY	-18%
Audit Director	14,900 TRY	+38%
Audit Supervisor	11,100 TRY	+3%
Auditing Clerk	4,790 TRY	-56%
Auditing Manager	13,100 TRY	+21%
Billing Clerk	4,790 TRY	-56%
Billing Coordinator	5,620 TRY	-48%
Billing Specialist	6,740 TRY	-38%
Billing Supervisor	9,130 TRY	-15%
Bookkeeper	4,270 TRY	-60%
Bookkeeping Specialist	5,750 TRY	-47%
Budget Analyst	11,000 TRY	+2%
Budget Manager	12,900 TRY	+20%
Business Support Analyst	6,740 TRY	-38%
Capital Markets Associate	9,340 TRY	-13%
Cash Flow Analyst	9,310 TRY	-14%
Cash Management Manager	12,000 TRY	+11%
Cash Management Officer	6,840 TRY	-37%
Cashbook Clerk	4,390 TRY	-59%
Chartered Accountant	8,250 TRY	-24%
Chief Accountant	9,350 TRY	-13%
Chief Financial Technology Officer	13,200 TRY	+22%
Collections Clerk	3,770 TRY	-65%
Collections Representative	5,200 TRY	-52%
Collections Specialist	6,060 TRY	-44%
Corporate Controller	9,460 TRY	-12%
Corporate Treasurer	11,400 TRY	+6%
Cost Accountant	6,080 TRY	-44%
Cost Accounting Manager	12,800 TRY	+19%
Cost Accounting Supervisor	10,200 TRY	-5%
Cost Analyst	10,100 TRY	-6%
Credit and Collection Manager	12,500 TRY	+16%
Credit and Collection Staff	4,670 TRY	-57%
Credit and Loans Officer	4,520 TRY	-58%
Credit Controller	8,400 TRY	-22%
Credit Manager	12,800 TRY	+19%
Debt Adviser	10,800 TRY	+0%
Debt Collector	5,170 TRY	-52%
Debtors Clerk	4,490 TRY	-58%
Debtors Controller	4,690 TRY	-57%
Deputy CFO	16,600 TRY	+54%
Deputy Head of Finance	17,700 TRY	+64%
Derivative Trader	10,400 TRY	-4%
Director of Finance	19,200 TRY	+78%
E-commerce Accountant	6,420 TRY	-41%
Economist	14,000 TRY	+30%
Equity Analyst	10,800 TRY	+0%
Escrow Assistant	5,390 TRY	-50%
Executive Accountant	6,760 TRY	-37%
External Auditor	8,670 TRY	-20%
Finance Administrator	7,250 TRY	-33%
Finance Analyst	11,700 TRY	+8%
Finance Associate	5,310 TRY	-51%
Finance Data Analyst	10,400 TRY	-4%
Finance Director	17,700 TRY	+64%
Finance Executive	13,100 TRY	+21%
Finance Licensing Clerk	4,650 TRY	-57%
Finance Licensing Manager	12,100 TRY	+12%
Finance Licensing Specialist	6,750 TRY	-37%
Finance Manager	18,200 TRY	+69%
Finance Officer	6,050 TRY	-44%
Finance President	18,500 TRY	+71%
Finance Relationship Manager	14,000 TRY	+30%
Finance Release Analyst	7,440 TRY	-31%
Finance Specialist	10,600 TRY	-2%
Finance Team Leader	13,900 TRY	+29%
Financial Accountant	6,290 TRY	-42%
Financial Actuary	9,140 TRY	-15%
Financial Administrator	10,700 TRY	-1%
Financial Advisor	11,400 TRY	+6%
Financial Analyst	11,500 TRY	+7%
Financial Applications Specialist	7,770 TRY	-28%
Financial Assistant	4,920 TRY	-54%
Financial Associate	5,920 TRY	-45%
Financial Claims Analyst	8,590 TRY	-20%
Financial Claims Manager	11,200 TRY	+4%
Financial Claims Supervisor	10,200 TRY	-5%
Financial Clerk	4,520 TRY	-58%
Financial Commercial Analyst	8,830 TRY	-18%
Financial Compliance Analyst	9,830 TRY	-9%
Financial Compliance Officer	9,980 TRY	-8%
Financial Consultant	8,670 TRY	-20%
Financial Controller	9,570 TRY	-11%
Financial Coordinator	5,610 TRY	-48%
Financial Customer Service Manager	11,000 TRY	+2%
Financial Data Scientist	11,500 TRY	+7%
Financial Dealer and Broker	7,040 TRY	-35%
Financial Director	17,600 TRY	+63%
Financial Encoder	5,350 TRY	-50%
Financial Manager	18,000 TRY	+67%
Financial Modelling Analyst	10,900 TRY	+1%
Financial Operations Manager	15,700 TRY	+46%
Financial Policy Analyst	9,800 TRY	-9%
Financial Project Manager	13,300 TRY	+23%
Financial Quantitative Analyst	11,100 TRY	+3%
Financial Reporting Consultant	9,190 TRY	-15%
Financial Reporting Manager	12,100 TRY	+12%
Financial Section Head	11,400 TRY	+6%
Financial Services Manager	16,100 TRY	+49%
Financial Services Sales Agent	6,860 TRY	-36%
Financial Technology Consultant	9,420 TRY	-13%
Financial Wellness Coach	13,300 TRY	+23%
FinTech Analyst	11,000 TRY	+2%
Fixed Assets Administrator	6,430 TRY	-40%
Forensic Accountant	7,060 TRY	-35%
Fraud Detection Supervisor	7,310 TRY	-32%
Fraud Prevention Manager	13,200 TRY	+22%
Fund Accountant	6,070 TRY	-44%
Grants Coordinator	4,660 TRY	-57%
Green Finance Analyst	9,090 TRY	-16%
Group Financial Manager	17,600 TRY	+63%
Internal Auditor	8,130 TRY	-25%
Internal Control Adviser	9,330 TRY	-14%
Internal Control Officer	5,620 TRY	-48%
International Tax Director	14,600 TRY	+35%
Inventory Accountant	6,590 TRY	-39%
Investment Advisor	16,700 TRY	+55%
Investment Analyst	12,100 TRY	+12%
Investment Associate	10,000 TRY	-7%
Investment Broker	10,100 TRY	-6%
Investment Fund Manager	14,500 TRY	+34%
Investment Operations Manager	13,200 TRY	+22%
Investment Underwriter	5,430 TRY	-50%
Investor	8,190 TRY	-24%
Investor Relations Manager	12,500 TRY	+16%
KYC Team Leader	11,600 TRY	+8%
Loan Processor	5,100 TRY	-53%
Management Accountant	7,170 TRY	-34%
Management Economist	14,500 TRY	+34%
Paymaster	4,940 TRY	-54%
Payroll Administrator	8,060 TRY	-25%
Payroll Benefits Coordinator	7,090 TRY	-34%
Payroll Billing Manager	11,500 TRY	+7%
Payroll Clerk	5,240 TRY	-51%
Payroll Manager	10,800 TRY	+0%
Payroll Officer	5,410 TRY	-50%
Payroll Specialist	6,350 TRY	-41%
Payroll Supervisor	8,190 TRY	-24%
Pensions Administrator	6,600 TRY	-39%
Personal Financial Advisor	8,830 TRY	-18%
Pricing Analyst	9,790 TRY	-9%
Private Equity Analyst	10,700 TRY	-1%
Project Accountant	6,380 TRY	-41%
Proposal Development Coordinator	5,540 TRY	-49%
Quantitative Trader	8,750 TRY	-19%
Receivables Accountant	5,950 TRY	-45%
Regulatory Accountant	7,000 TRY	-35%
Retirement Plan Analyst	9,460 TRY	-12%
Revenue Management Specialist	10,700 TRY	-1%
Revenue Recognition Analyst	11,900 TRY	+10%
Risk Management Director	14,400 TRY	+33%
Risk Management Supervisor	12,900 TRY	+20%
Staff Accountant	5,710 TRY	-47%
Tax Accountant	5,650 TRY	-48%
Tax Administrator	6,460 TRY	-40%
Tax Advisor	9,900 TRY	-8%
Tax Analyst	9,740 TRY	-10%
Tax Associate	5,510 TRY	-49%
Tax Consultant	9,980 TRY	-8%
Tax Director	14,300 TRY	+33%
Tax Examiner	6,720 TRY	-38%
Tax Manager	13,100 TRY	+21%
Tax Research Manager	12,900 TRY	+20%
Teller	3,690 TRY	-66%
Treasury Accountant	6,490 TRY	-40%
Treasury Analyst	9,940 TRY	-8%
Underwriter	4,530 TRY	-58%
Underwriting Assistant	4,190 TRY	-61%
Vice President of Finance	16,300 TRY	+51%

Salary Comparison By City

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.

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Debt Adviser in Istanbul?

A good and competitive compensation would range anywhere between 10,300 TRY and 11,900 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 Debt Adviser in Istanbul ranges from 4,960 TRY to 8,310 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.