Fraud Investigator Average Salary in Baku 2024
How much money does a person working as Fraud Investigator make in Baku?
LOW
1,590
AZN AVERAGE
3,240
AZN HIGH
5,050
AZN
A person working as Fraud Investigator in Baku typically earns around 3,240 AZN. Salaries range from 1,590 AZN (lowest) to 5,050 AZN (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Fraud Investigator salaries in Baku vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Fraud Investigator Pay Scale and Salaries in Baku
Salary Structure and Pay Scale Comparison
3,000 AZN or more
2,650 to 3,000 AZN
1,880 AZN or less
1,880 to 2,650 AZN
 1,590 AZN |
3,020 AZN |
5,050 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 Fraud Investigator in Baku range from 1,590 AZN (starting salary) to 5,050 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 3,020 AZN, half of the professionals who work as Fraud Investigator 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 Fraud Investigator in Baku earn less than 2,470 AZN, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,450 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 Fraud Investigator in Baku compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,880 AZN to 2,650 AZN. About 20% of salaries are below the 1,880 AZN mark, while 10% fall within the range of 2,650 AZN to 3,000 AZN. Only 5% of individuals have salaries exceeding 3,000 AZN.
Salary Comparison by Years of Experience / Fraud Investigator / Baku
How do experience and age affect pay?
| 0 - 2 Years | 1,880 AZN | |
| 2 - 5 Years | +29% | 2,420 AZN |
| 5 - 10 Years | +38% | 3,340 AZN |
| 10 - 15 Years | +24% | 4,130 AZN |
| 15 - 20 Years | +7% | 4,430 AZN |
| 20+ Years | +7% | 4,720 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 Fraud Investigator and this is what we found.
Employees with less than two years of experience earn approximately 1,880 AZN.
While someone with an experience level between two and five years is expected to earn 2,420 AZN, 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 3,340 AZN, 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 4,130 AZN, 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 4,430 AZN, 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 4,720 AZN, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Fraud Investigator / Baku
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Fraud Investigator.
| Bachelor's Degree | 2,350 AZN | |
| Master's Degree | +60% | 3,770 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 Fraud Investigator in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 2,350 AZN.
Level 2: Master's Degree
At this level, the average salary becomes 3,770 AZN, 60% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Azerbaijan costs anywhere from 14,800 AZN to 44,400 AZN 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.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Fraud Investigator / 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 Fraud Investigator 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 / Fraud Investigator / Baku
How much are annual salary increments in Baku for individuals working as Fraud Investigator? How often do employees get salary raises?
Individuals working as Fraud Investigator 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 / Fraud Investigator / Azerbaijan
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 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 / Fraud Investigator / Baku
19 AZN per hourThe average hourly wage (pay per hour) for individuals working as Fraud Investigator in Baku is 19 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 Fraud Investigator in Baku is 9 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 |
| Science and Technical Services |  -100% | |
| 3D Lab Technologist | 3,240 AZN |  +0% |
| 3D Printing Specialist | 3,000 AZN | -7% |
| Algorithm Developer | 4,210 AZN | +30% |
| Analytical Chemist | 5,870 AZN | +81% |
| Anthropologist | 4,420 AZN | +37% |
| Archeologist | 4,050 AZN | +25% |
| Assistant Breeder | 2,090 AZN | -35% |
| Astronomer | 7,460 AZN | +130% |
| Atmospheric and Space Scientist | 6,240 AZN | +93% |
| Behavior Analyst | 4,060 AZN | +25% |
| Behavior Intervention Specialist | 4,520 AZN | +40% |
| Behavior Specialist | 4,240 AZN | +31% |
| Biochemist | 7,110 AZN | +120% |
| Biofuels Processing Technician | 2,860 AZN | -12% |
| Biofuels Production Manager | 5,110 AZN | +58% |
| Biologist | 7,310 AZN | +130% |
| Biomedical Laboratory Officer | 2,780 AZN | -14% |
| Biomedical Scientist | 6,840 AZN | +110% |
| Biophysicist | 7,110 AZN | +120% |
| Chemical Engineer | 3,170 AZN | -2% |
| Chemical Technologist | 3,230 AZN | -0% |
| Chemist | 6,260 AZN | +93% |
| Chief Robotics Integration Officer | 4,980 AZN | +54% |
| Chief Technologist | 5,990 AZN | +85% |
| Climate Change Analyst | 4,690 AZN | +45% |
| Clinical Laboratory Scientist | 6,860 AZN | +110% |
| Computer Scientist | 5,570 AZN | +72% |
| Conservation Scientist | 5,450 AZN | +68% |
| Data Science Specialist | 4,440 AZN | +37% |
| Data Scientist | 5,180 AZN | +60% |
| DNA Analyst | 7,250 AZN | +120% |
| Ecologist | 5,420 AZN | +67% |
| Economic Development Specialist | 5,520 AZN | +70% |
| Flavourist | 2,230 AZN | -31% |
| Food Scientist | 4,360 AZN | +35% |
| Forensic Scientist | 5,640 AZN | +74% |
| Formulation Technologist | 2,780 AZN | -14% |
| Fraud Investigator | 3,240 AZN | +0% |
| Genomics Scientist | 6,710 AZN | +110% |
| Geographer | 3,710 AZN | +15% |
| Geographic Information Systems Technician | 2,390 AZN | -26% |
| Geological Data Technician | 2,410 AZN | -26% |
| Geological Technician | 2,820 AZN | -13% |
| Geologist | 5,580 AZN | +72% |
| Geomatics Scientist | 5,470 AZN | +69% |
| Geophysical Data Technician | 2,330 AZN | -28% |
| Geospatial Information Scientist and Technologist | 4,970 AZN | +53% |
| Global Technical Lead | 7,600 AZN | +130% |
| Hydrologist | 4,530 AZN | +40% |
| Industrial Ecologist | 4,620 AZN | +43% |
| Intelligence Analyst | 4,210 AZN | +30% |
| Internet of Things (IoT) Architect | 3,560 AZN | +10% |
| Internet of Things (IoT) Compliance Analyst | 3,740 AZN | +16% |
| Internet of Things (IoT) Consultant | 4,020 AZN | +24% |
| Internet of Things (IoT) Engineer | 3,400 AZN | +5% |
| Internet of Things (IoT) Integration Specialist | 3,690 AZN | +14% |
| Internet of Things (IoT) Logistics Analyst | 2,990 AZN | -8% |
| Internet of Things (IoT) Security Analyst | 3,130 AZN | -3% |
| Internet of Things (IoT) Specialist | 3,230 AZN | -0% |
| Internet of Things (IoT) Technician | 2,500 AZN | -23% |
| Knowledge Management Specialist | 3,290 AZN | +2% |
| Lab Analyst | 2,930 AZN | -10% |
| Lab Manager | 4,640 AZN | +43% |
| Lab Technician | 2,160 AZN | -33% |
| Laboratory Manager | 5,090 AZN | +57% |
| Laboratory Researcher | 3,150 AZN | -3% |
| Laboratory Technician | 2,170 AZN | -33% |
| Life Sciences Analyst | 4,560 AZN | +41% |
| Life Scientist | 5,340 AZN | +65% |
| Marine Architect | 4,490 AZN | +39% |
| Marine Biologist | 5,180 AZN | +60% |
| Marine Superintendent | 3,050 AZN | -6% |
| Materials Analyst | 3,150 AZN | -3% |
| Materials Scientist | 5,140 AZN | +59% |
| Mathematician | 5,490 AZN | +70% |
| Medical Scientist | 7,350 AZN | +130% |
| Metallurgist | 5,080 AZN | +57% |
| Meteorologist | 5,120 AZN | +58% |
| Microbiologist | 7,600 AZN | +130% |
| Natural Language Processing Researcher | 4,530 AZN | +40% |
| Natural Resource Specialist | 4,150 AZN | +28% |
| Natural Resources Analyst | 4,530 AZN | +40% |
| Natural Sciences Manager | 6,410 AZN | +98% |
| Neurotechnology Specialist | 6,000 AZN | +85% |
| Nuclear Engineer | 7,820 AZN | +140% |
| Physical Scientist | 5,480 AZN | +69% |
| Physicist | 6,540 AZN | +100% |
| Political Scientist | 5,380 AZN | +66% |
| Polygraph Examiner | 1,910 AZN | -41% |
| Polysomnographic Technologist | 3,300 AZN | +2% |
| Product Development Scientist | 5,950 AZN | +84% |
| Quantitative Research Analyst | 4,600 AZN | +42% |
| Quantitative Researcher | 4,650 AZN | +44% |
| Quantum Algorithm Developer | 4,030 AZN | +24% |
| Quantum Computing Engineer | 3,670 AZN | +13% |
| Quantum Computing Ethics Officer | 3,500 AZN | +8% |
| Quantum Computing Specialist | 4,040 AZN | +25% |
| Radiation Protection Specialist | 3,800 AZN | +17% |
| Refrigeration Technician | 1,620 AZN | -50% |
| Research Scientist | 5,150 AZN | +59% |
| Risk Safety Engineer | 3,270 AZN | +1% |
| Robotics Architect | 4,270 AZN | +32% |
| Scientific Photographer | 3,030 AZN | -6% |
| Scientific Programmer | 4,330 AZN | +34% |
| Scientist | 5,210 AZN | +61% |
| Service Engineer | 3,080 AZN | -5% |
| Service Technician | 2,200 AZN | -32% |
| Social Science Research Assistant | 2,940 AZN | -9% |
| Social Scientist | 5,490 AZN | +70% |
| Sociologist | 5,330 AZN | +65% |
| Soil Scientist | 4,530 AZN | +40% |
| Statistical Analyst | 3,100 AZN | -4% |
| Statistical Assistant | 2,290 AZN | -29% |
| Statistician | 4,660 AZN | +44% |
| Survey Analyst | 2,910 AZN | -10% |
| Survey Researcher | 2,730 AZN | -16% |
| Surveying and Mapping Technician | 1,880 AZN | -42% |
| Team Leader | 4,240 AZN | +31% |
| Technical Manager | 4,710 AZN | +45% |
| Technical Officer | 2,150 AZN | -34% |
| Technical Service Director | 6,520 AZN | +100% |
| Technical Services Regulatory Affairs Specialist | 3,110 AZN | -4% |
| Technical Services Research and Development Manager | 7,190 AZN | +120% |
| Technical Services Research Associate | 3,440 AZN | +6% |
| Technical Services Research Coordinator | 3,620 AZN | +12% |
| Technician | 1,950 AZN | -40% |
| Water Ecologist | 5,800 AZN | +79% |
| Wearable Technology Developer | 3,380 AZN | +4% |
| Wearables Specialist | 2,920 AZN | -10% |
| Wildlife Biologist | 4,960 AZN | +53% |
Salary Comparison By City
| City | Average Salary |
| Baku | 3,240 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 Fraud Investigator in Baku?
A good and competitive compensation would range anywhere between 3,020 AZN and 3,450 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 Fraud Investigator in Baku ranges from 1,590 AZN to 2,470 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
