Asset Management Associate Average Salary in Turkey 2024
How much money does a person working as Asset Management Associate make in Turkey?
LOW
3,530
TRY AVERAGE
7,200
TRY HIGH
11,200
TRY
A person working as Asset Management Associate in Turkey typically earns around 7,200 TRY. Salaries range from 3,530 TRY (lowest) to 11,200 TRY (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Asset Management Associate salaries in Turkey vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Asset Management Associate Pay Scale and Salaries in Turkey
Salary Structure and Pay Scale Comparison
6,680 TRY or more
5,900 to 6,680 TRY
4,190 TRY or less
4,190 to 5,900 TRY
 3,530 TRY |
6,720 TRY |
11,200 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 Asset Management Associate in Turkey range from 3,530 TRY (starting salary) to 11,200 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 6,720 TRY, half of the professionals who work as Asset Management Associate in Turkey 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 Asset Management Associate in Turkey earn less than 5,490 TRY, while 75% earn more. Similarly, the chart shows that 75% earn less than 7,680 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 Asset Management Associate in Turkey compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,190 TRY to 5,900 TRY. About 20% of salaries are below the 4,190 TRY mark, while 10% fall within the range of 5,900 TRY to 6,680 TRY. Only 5% of individuals have salaries exceeding 6,680 TRY.
Salary Comparison by Years of Experience / Asset Management Associate / Turkey
How do experience and age affect pay?
| 0 - 2 Years | 4,180 TRY | |
| 2 - 5 Years | +29% | 5,380 TRY |
| 5 - 10 Years | +38% | 7,420 TRY |
| 10 - 15 Years | +24% | 9,190 TRY |
| 15 - 20 Years | +7% | 9,850 TRY |
| 20+ Years | +7% | 10,500 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 Asset Management Associate and this is what we found.
Employees with less than two years of experience earn approximately 4,180 TRY.
While someone with an experience level between two and five years is expected to earn 5,380 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 7,420 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 9,190 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 9,850 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 10,500 TRY, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Asset Management Associate / Turkey
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Asset Management Associate.
| High School | 5,380 TRY | |
| Certificate or Diploma | +43% | 7,690 TRY |
| Bachelor's Degree | +38% | 10,600 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 Asset Management Associate in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 5,380 TRY.
Level 2: Certificate or Diploma
At this level, the average salary becomes 7,690 TRY, 43% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 10,600 TRY, 38% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Asset Management Associate / Turkey
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 Asset Management Associate in Turkey, the average difference between the salary of male and female employees is 11%.
| Male | 7,500 TRY | |
| Female | -10% | 6,760 TRY |
Salary Comparison By Gender in Turkey for all Careers
Average Annual Salary Increment Percentage / Asset Management Associate / Turkey
How much are annual salary increments in Turkey for individuals working as Asset Management Associate? How often do employees get salary raises?
Individuals working as Asset Management Associate in Turkey are likely to observe a salary increase of approximately 9% every 20 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
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 / Asset Management Associate / Turkey
How much and how often are bonuses being awarded?
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45% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 55% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 55% | |
| No Bonus | 45% |
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 / Asset Management Associate / Turkey
42 TRY per hourThe average hourly wage (pay per hour) for individuals working as Asset Management Associate in Turkey is 42 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 Asset Management Associate in Turkey is 20 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 Title | Average Salary |
| Purchasing and Inventory |  -100% | |
| Asset Management Associate | 7,200 TRY | -0% |
| Asset Protection Associate | 6,750 TRY | -6% |
| Asset Protection Specialist | 7,280 TRY |  +1% |
| Assistant Buyer | 6,390 TRY | -11% |
| Buyer | 11,000 TRY | +53% |
| Capacity Planner | 8,140 TRY | +13% |
| Category Leader | 7,650 TRY | +6% |
| Category Management Specialist | 7,270 TRY | +1% |
| Category Manager | 8,430 TRY | +17% |
| Channel Services Representative | 7,850 TRY | +9% |
| Contracts Manager | 8,850 TRY | +23% |
| Contracts Specialist | 6,940 TRY | -4% |
| Demand Planner | 7,980 TRY | +11% |
| Demand Planning Manager | 9,590 TRY | +33% |
| Digital Procurement Manager | 8,410 TRY | +17% |
| Distribution Assistant | 6,190 TRY | -14% |
| Distribution Associate | 6,420 TRY | -11% |
| Distribution Manager | 13,600 TRY | +89% |
| E-Commerce Buyer | 7,630 TRY | +6% |
| E-procurement Specialist | 8,360 TRY | +16% |
| Freight and Customs Compliance Manager | 8,820 TRY | +22% |
| Green Procurement Specialist | 7,890 TRY | +10% |
| Inventory Analyst | 6,680 TRY | -7% |
| Inventory Analytics Manager | 7,050 TRY | -2% |
| Inventory Control Clerk | 3,800 TRY | -47% |
| Inventory Control Manager | 9,860 TRY | +37% |
| Inventory Management Associate | 7,200 TRY | -0% |
| Inventory Optimization Manager | 8,810 TRY | +22% |
| Inventory Specialist | 7,150 TRY | -1% |
| Logistics Automation Engineer | 7,430 TRY | +3% |
| Logistics Engineer | 6,420 TRY | -11% |
| Master Planner | 6,610 TRY | -8% |
| Material Handler | 4,470 TRY | -38% |
| Material Planning Specialist | 5,830 TRY | -19% |
| Merchandise Manager | 8,360 TRY | +16% |
| Procurement Administrator | 8,860 TRY | +23% |
| Procurement Agent | 5,500 TRY | -24% |
| Procurement Analyst | 8,760 TRY | +22% |
| Procurement Assistant | 5,340 TRY | -26% |
| Procurement Associate | 7,640 TRY | +6% |
| Procurement Clerk | 3,290 TRY | -54% |
| Procurement Engineer | 6,920 TRY | -4% |
| Procurement Manager | 14,500 TRY | +100% |
| Procurement Officer | 3,530 TRY | -51% |
| Procurement Process Analyst | 8,000 TRY | +11% |
| Procurement Risk Manager | 8,170 TRY | +13% |
| Procurement Specialist | 6,870 TRY | -5% |
| Procurement Technology Consultant | 8,470 TRY | +18% |
| Production Planner | 7,580 TRY | +5% |
| Project Buyer | 9,320 TRY | +29% |
| Purchaser | 11,200 TRY | +55% |
| Purchasing Agent | 6,280 TRY | -13% |
| Purchasing Assistant | 3,720 TRY | -48% |
| Purchasing Manager | 15,100 TRY | +110% |
| Purchasing Officer | 6,770 TRY | -6% |
| Purchasing Supervisor | 9,450 TRY | +31% |
| Shipping and Receiving Clerk | 3,400 TRY | -53% |
| Shipping Coordinator | 7,060 TRY | -2% |
| Stock Clerk | 3,710 TRY | -48% |
| Stock Regulator | 4,370 TRY | -39% |
| Storage Manager | 8,600 TRY | +19% |
| Store Keeper | 3,640 TRY | -49% |
| Stores and Logistics Coordinator | 7,160 TRY | -1% |
| Strategic Sourcing Analyst | 10,100 TRY | +40% |
| Supplier Diversity Program Manager | 9,210 TRY | +28% |
| Supplier Relationship Manager | 10,000 TRY | +39% |
| Supply Chain Analyst | 9,960 TRY | +38% |
| Supply Chain Coordinator | 7,920 TRY | +10% |
| Supply Chain Development Manager | 13,600 TRY | +89% |
| Supply Chain Director | 14,300 TRY | +99% |
| Supply Chain Manager | 14,900 TRY | +110% |
| Supply Planner | 6,870 TRY | -5% |
| Sustainability Procurement Specialist | 9,420 TRY | +31% |
| Sustainable Sourcing Specialist | 7,550 TRY | +5% |
| Sustainable Supply Chain Manager | 10,400 TRY | +44% |
| Third Party Logistics Manager | 11,100 TRY | +54% |
| Vendor Management Specialist | 9,560 TRY | +33% |
| Warehouse Assistant | 2,920 TRY | -59% |
| Warehouse Automation Engineer | 7,060 TRY | -2% |
| Warehouse Clerk | 3,030 TRY | -58% |
| Warehouse Executive | 12,400 TRY | +72% |
| Warehouse Lead | 8,500 TRY | +18% |
| Warehouse Manager | 12,100 TRY | +68% |
| Warehouse Supervisor | 9,120 TRY | +27% |
| Wholesale Buyer | 11,200 TRY | +55% |
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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Asset Management Associate in Turkey?
A good and competitive compensation would range anywhere between 6,720 TRY and 7,680 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 Asset Management Associate in Turkey ranges from 3,530 TRY to 5,490 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
