General Manager Average Salary in Istanbul 2024

How much money does a person working as General Manager make in Istanbul?

Average Monthly Salary

15,300 TRY

( 184,000 TRY yearly)

LOW
7,490
TRY AVERAGE
15,300
TRY HIGH
23,900
TRY

General Manager Pay Scale and Salaries in Istanbul

Salary Structure and Pay Scale Comparison

5% of people earn
14,200 TRY or more

10% of people earn
12,500 to 14,200 TRY

20% of people earn
8,890 TRY or less

65% of people earn
8,890 to 12,500 TRY

Minimum Salary 7,490 TRY

Median 14,300 TRY

Maximum 23,900 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 General Manager in Istanbul range from 7,490 TRY (starting salary) to 23,900 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 14,300 TRY, half of the professionals who work as General Manager 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 General Manager in Istanbul earn less than 11,700 TRY, while 75% earn more. Similarly, the chart shows that 75% earn less than 16,300 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 General Manager in Istanbul compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 8,890 TRY to 12,500 TRY. About 20% of salaries are below the 8,890 TRY mark, while 10% fall within the range of 12,500 TRY to 14,200 TRY. Only 5% of individuals have salaries exceeding 14,200 TRY.

Salary Comparison by Years of Experience / General Manager / 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 General Manager and this is what we found.

Employees with less than two years of experience earn approximately 8,880 TRY.

While someone with an experience level between two and five years is expected to earn 11,400 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 15,800 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 19,500 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 20,900 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 22,300 TRY, 7% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Education / General Manager / Istanbul

How do education levels affect salaries?

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

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 General Manager in order to make a comparison.

Level 1: High School

Employees at this education level have an average salary of 11,100 TRY.

Level 2: Certificate or Diploma

At this level, the average salary becomes 12,700 TRY, 15% more than the previous level.

Level 3: Bachelor's Degree

At this level, the average salary becomes 17,100 TRY, 35% more than the previous level.

Level 4: Master's Degree

At this level, the average salary becomes 21,600 TRY, 26% more than the previous level.

Typical Salary Difference by Education for Most Careers

Salary and Compensation Comparison By Gender / General Manager / 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 General Manager in Turkey, the average difference between the salary of male and female employees is 11%.

Salary Comparison By Gender in Turkey for all Careers

Average Annual Salary Increment Percentage / General Manager / Istanbul

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

Individuals working as General Manager 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 / General Manager / 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 / General Manager / Istanbul

88 TRY per hour

The average hourly wage (pay per hour) for individuals working as General Manager in Istanbul is 88 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 General Manager in Istanbul is 43 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

Executive and Management		-100%
Account Coordinator	8,560 TRY	-44%
Account Director	10,100 TRY	-34%
Account Executive	10,200 TRY	-33%
Account Manager	9,300 TRY	-39%
Administration Manager	9,990 TRY	-35%
Administration Officer	5,240 TRY	-66%
Administration Supervisor	8,040 TRY	-47%
Administrative Clerk	4,040 TRY	-74%
Administrative Officer	3,790 TRY	-75%
Area Director	9,070 TRY	-41%
Area Manager	9,190 TRY	-40%
Asset Protection Associate	10,800 TRY	-29%
Assistant Director	9,770 TRY	-36%
Assistant General Manager	11,100 TRY	-27%
Assistant Manager	11,100 TRY	-27%
Assistant Managing Director	12,100 TRY	-21%
Assistant Operations Manager	12,100 TRY	-21%
Assistant Project Manager	10,700 TRY	-30%
Assistant Section Head	8,600 TRY	-44%
Assistant to CEO	9,870 TRY	-35%
Assistant Vice President	11,500 TRY	-25%
Associate Account Director	10,500 TRY	-31%
Associate Director	10,600 TRY	-31%
Bid Manager	11,300 TRY	-26%
Branch Manager	11,500 TRY	-25%
Business Development Manager	12,600 TRY	-18%
Business Operations Associate	10,500 TRY	-31%
Business Operations Lead	10,600 TRY	-31%
Campaign Manager	11,000 TRY	-28%
Catering Coordinator	6,150 TRY	-60%
Catering Manager	9,800 TRY	-36%
CEO	19,500 TRY	+28%
Chairman of The Board	20,200 TRY	+32%
Chairman Office Manager	13,100 TRY	-14%
Chief Commercial Officer	14,500 TRY	-5%
Chief Corporate Officer	15,600 TRY	+2%
Chief Digital Officer	13,900 TRY	-9%
Chief Digital Strategy Officer	14,000 TRY	-8%
Chief Digital Transformation Officer	12,800 TRY	-16%
Chief Ethics Officer	12,500 TRY	-18%
Chief Executive Officer	19,700 TRY	+29%
Chief Financial Officer	18,200 TRY	+19%
Chief Investment Officer	14,200 TRY	-7%
Chief of Staff	9,490 TRY	-38%
Chief Operating Officer	14,600 TRY	-5%
Chief Privacy Officer	12,000 TRY	-22%
Chief Resilience Officer	14,300 TRY	-6%
Chief Risk Officer	12,700 TRY	-17%
Chief Strategy Officer	16,700 TRY	+9%
Chief Trust and Safety Officer	12,400 TRY	-19%
Client Account Manager	11,400 TRY	-25%
Client Accounts Officer	10,400 TRY	-32%
Client Services Manager	13,400 TRY	-12%
Commercial Director	13,000 TRY	-15%
Commercial Manager	11,600 TRY	-24%
Commercial Project Manager	11,000 TRY	-28%
Commodity Broker	7,850 TRY	-49%
COO	14,400 TRY	-6%
Corporate Affairs Executive	12,000 TRY	-22%
Corporate Compliance Director	12,400 TRY	-19%
Corporate Director	14,200 TRY	-7%
Corporate Officer	9,670 TRY	-37%
Corporate Partnerships Officer	9,570 TRY	-37%
Country Manager	16,200 TRY	+6%
Department Head	11,800 TRY	-23%
Department Manager	11,600 TRY	-24%
Department Supervisor	10,900 TRY	-29%
Deputy Director	14,400 TRY	-6%
Deputy Manager	14,400 TRY	-6%
Director	15,000 TRY	-2%
Director of Accreditation	13,200 TRY	-14%
Director of Catering Services	11,700 TRY	-23%
Director of Client Services	12,300 TRY	-20%
Director of Facilities Management	10,500 TRY	-31%
Director of Operations	12,600 TRY	-18%
Director of Process Simplification	10,200 TRY	-33%
Director of Product Management	13,100 TRY	-14%
Director of Project Management	13,700 TRY	-10%
Director of Revenue Management	12,500 TRY	-18%
Director of Training and Development	13,200 TRY	-14%
Distribution Manager	13,900 TRY	-9%
Division Manager	11,100 TRY	-27%
Duty Manager	11,600 TRY	-24%
Engagement Manager	13,200 TRY	-14%
Executive Director	19,700 TRY	+29%
Executive Manager	15,900 TRY	+4%
Franchise Manager	16,000 TRY	+5%
General Manager	15,300 TRY	+0%
Generational Consultant	10,900 TRY	-29%
Global Master Data Manager	14,400 TRY	-6%
Global Technical Lead	9,070 TRY	-41%
Head of Investment	12,700 TRY	-17%
Head of Middle Office	12,800 TRY	-16%
Head of Projects	13,200 TRY	-14%
Head of Strategy	14,300 TRY	-6%
Head of Supply Chain	12,700 TRY	-17%
Head of Sustainability	11,400 TRY	-25%
Housing Manager	10,100 TRY	-34%
HSE Manager	10,400 TRY	-32%
Innovation Manager	11,100 TRY	-27%
Key Account Manager	11,300 TRY	-26%
Knowledge Manager	12,800 TRY	-16%
Location Manager	12,600 TRY	-18%
Logistics Executive	9,770 TRY	-36%
Logistics Manager	10,000 TRY	-35%
Management Consultant	10,200 TRY	-33%
Management Executive	13,900 TRY	-9%
Manager	13,800 TRY	-10%
Managing Director	15,200 TRY	-1%
MIS Executive	13,500 TRY	-12%
Ocean Services Manager	13,800 TRY	-10%
Online Business Manager	18,500 TRY	+21%
Operational Manager	14,300 TRY	-6%
Operations Analyst	11,500 TRY	-25%
Operations Assistant	9,210 TRY	-40%
Operations Director	14,900 TRY	-3%
Operations Executive	14,900 TRY	-3%
Operations Manager	15,200 TRY	-1%
Operations Supervisor	11,600 TRY	-24%
Planning Director	14,600 TRY	-5%
PMO Manager	12,200 TRY	-20%
Policy Administration Executive	10,700 TRY	-30%
Private Sector Executive	12,200 TRY	-20%
Product Development Manager	13,800 TRY	-10%
Product Executive	12,000 TRY	-22%
Production Executive	13,600 TRY	-11%
Production Manager	13,700 TRY	-10%
Production Supervisor	11,300 TRY	-26%
Program Director	14,000 TRY	-8%
Program Manager	13,700 TRY	-10%
Programme Coordinator	9,630 TRY	-37%
Project Control Manager	13,500 TRY	-12%
Project Coordinator	7,840 TRY	-49%
Project Management Officer	9,410 TRY	-38%
Project Manager	9,980 TRY	-35%
Project Portfolio Manager	10,400 TRY	-32%
Quality Manager	10,600 TRY	-31%
R/D Director	12,200 TRY	-20%
Regional Director	17,700 TRY	+16%
Regional Manager	13,900 TRY	-9%
Relationship Manager	12,500 TRY	-18%
Retail District Manager	9,700 TRY	-37%
Revenue Manager	10,700 TRY	-30%
Risk and Capital Manager	15,500 TRY	+1%
Risk Officer	10,200 TRY	-33%
Safety Manager	10,100 TRY	-34%
Section Head	10,400 TRY	-32%
Service Manager	10,300 TRY	-33%
Shift Supervisor	8,270 TRY	-46%
Solutions Manager	9,490 TRY	-38%
Supervisor	8,470 TRY	-45%
Supply Chain Manager	14,200 TRY	-7%
Surveyor	9,110 TRY	-40%
Technical Director	12,900 TRY	-16%
Technical Manager	12,000 TRY	-22%
Territory Manager	13,400 TRY	-12%
Validation Manager	11,100 TRY	-27%
Vice President	16,300 TRY	+7%
Zone Manager	13,800 TRY	-10%

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 General Manager in Istanbul?

A good and competitive compensation would range anywhere between 14,300 TRY and 16,300 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 General Manager in Istanbul ranges from 7,490 TRY to 11,700 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.