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Asset Management Associate Average Salary in Cairo 2024

How much money does a person working as Asset Management Associate make in Cairo?


Average Monthly Salary
8,840 EGP
( 106,000 EGP yearly)

LOW
4,590
EGP
AVERAGE
8,840
EGP
HIGH
13,500
EGP
All salary figures displayed here are per month except when noted otherwise.
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.

A person working as Asset Management Associate in Cairo typically earns around 8,840 EGP. Salaries range from 4,590 EGP (lowest) to 13,500 EGP (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Asset Management Associate salaries in Cairo 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 Cairo

Median and salary distribution Cairo Asset Management Associate monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
8,000 EGP or more
10% of people earn
7,130 to 8,000 EGP
20% of people earn
5,200 EGP or less
65% of people earn
5,200 to 7,130 EGP
Minimum Salary
4,590 EGP
Median
8,040 EGP
Maximum
13,500 EGP




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Asset Management Associate in Cairo range from 4,590 EGP (starting salary) to 13,500 EGP (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 8,040 EGP, half of the professionals who work as Asset Management Associate in Cairo 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 Cairo earn less than 6,660 EGP, while 75% earn more. Similarly, the chart shows that 75% earn less than 9,120 EGP 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 Cairo compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,200 EGP to 7,130 EGP. About 20% of salaries are below the 5,200 EGP mark, while 10% fall within the range of 7,130 EGP to 8,000 EGP. Only 5% of individuals have salaries exceeding 8,000 EGP.

Salary Comparison by Years of Experience / Asset Management Associate / Cairo

How do experience and age affect pay?

0 - 2 Years
5,220 EGP
2 - 5 Years+34%
7,000 EGP
5 - 10 Years+30%
9,100 EGP
10 - 15 Years+21%
11,000 EGP
15 - 20 Years+9%
12,000 EGP
20+ Years+5%
12,700 EGP
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Cairo Asset Management Associate
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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.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 5,220 EGP.

While someone with an experience level between two and five years is expected to earn 7,000 EGP, 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 9,100 EGP, 30% 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 11,000 EGP, 21% 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 12,000 EGP, 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 12,700 EGP, 5% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Asset Management Associate / Cairo

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
6,200 EGP
Certificate or Diploma+43%
8,880 EGP
Bachelor's Degree+38%
12,300 EGP
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Cairo Asset Management Associate
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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 6,200 EGP.


Level 2: Certificate or Diploma

At this level, the average salary becomes 8,880 EGP, 43% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 12,300 EGP, 38% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Asset Management Associate / Cairo

Salary comparison by gender Egypt Asset Management Associate monthly
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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 Egypt, the average difference between the salary of male and female employees is 13%.

Male
8,340 EGP
Female-11%
7,400 EGP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Egypt for all Careers

Salary comparison by gender monthly Egypt
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Average Annual Salary Increment Percentage / Asset Management Associate / Cairo

How much are annual salary increments in Cairo for individuals working as Asset Management Associate? How often do employees get salary raises?

Individuals working as Asset Management Associate in Egypt are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Annual Salary Increment Rate Egypt Asset Management Associate
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Egypt / All Professions

Annual Salary Increment Rate Egypt
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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

The average salary increase in one year (12 months) in Egypt is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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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 / Egypt

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Egypt Asset Management Associate
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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?

The main two types of jobs

Revenue GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

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 / Cairo


51 EGP per hour

The average hourly wage (pay per hour) for individuals working as Asset Management Associate in Cairo is 51 EGP.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

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 Cairo is 27 EGP. 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 TitleAverage Salary
Purchasing and Inventory-100%
Asset Management Associate8,840 EGP+0%
Asset Protection Associate8,350 EGP-5%
Asset Protection Specialist9,100 EGP+3%
Assistant Buyer7,840 EGP-11%
Buyer13,500 EGP+53%
Capacity Planner10,000 EGP+13%
Category Leader8,940 EGP+1%
Category Management Specialist9,470 EGP+7%
Category Manager10,600 EGP+20%
Channel Services Representative8,910 EGP+1%
Contracts Manager11,200 EGP+27%
Contracts Specialist8,640 EGP-2%
Demand Planner10,000 EGP+13%
Demand Planning Manager11,600 EGP+31%
Digital Procurement Manager10,200 EGP+15%
Distribution Assistant7,870 EGP-11%
Distribution Associate8,240 EGP-7%
Distribution Manager17,100 EGP+94%
E-Commerce Buyer9,210 EGP+4%
E-procurement Specialist10,500 EGP+19%
Freight and Customs Compliance Manager11,400 EGP+29%
Green Procurement Specialist9,080 EGP+3%
Inventory Analyst8,770 EGP-1%
Inventory Analytics Manager8,960 EGP+1%
Inventory Control Clerk4,820 EGP-45%
Inventory Control Manager11,400 EGP+29%
Inventory Management Associate9,520 EGP+8%
Inventory Optimization Manager10,200 EGP+15%
Inventory Specialist8,600 EGP-3%
Logistics Automation Engineer10,000 EGP+13%
Logistics Engineer7,720 EGP-13%
Master Planner8,500 EGP-4%
Material Handler5,350 EGP-39%
Material Planning Specialist7,780 EGP-12%
Merchandise Manager9,860 EGP+12%
Procurement Administrator10,600 EGP+20%
Procurement Agent6,560 EGP-26%
Procurement Analyst11,600 EGP+31%
Procurement Assistant6,760 EGP-23%
Procurement Associate9,190 EGP+4%
Procurement Clerk4,280 EGP-52%
Procurement Engineer8,840 EGP+0%
Procurement Manager16,900 EGP+91%
Procurement Officer4,150 EGP-53%
Procurement Process Analyst10,500 EGP+19%
Procurement Risk Manager9,840 EGP+11%
Procurement Specialist8,000 EGP-9%
Procurement Technology Consultant10,300 EGP+17%
Production Planner9,750 EGP+10%
Project Buyer11,500 EGP+30%
Purchaser13,900 EGP+57%
Purchasing Agent7,650 EGP-13%
Purchasing Assistant4,850 EGP-45%
Purchasing Manager17,600 EGP+99%
Purchasing Officer8,130 EGP-8%
Purchasing Supervisor11,500 EGP+30%
Shipping and Receiving Clerk4,260 EGP-52%
Shipping Coordinator8,330 EGP-6%
Stock Clerk4,580 EGP-48%
Stock Regulator5,090 EGP-42%
Storage Manager11,500 EGP+30%
Store Keeper4,370 EGP-51%
Stores and Logistics Coordinator8,790 EGP-1%
Strategic Sourcing Analyst11,800 EGP+34%
Supplier Diversity Program Manager11,500 EGP+30%
Supplier Relationship Manager12,600 EGP+43%
Supply Chain Analyst13,000 EGP+47%
Supply Chain Coordinator9,500 EGP+8%
Supply Chain Development Manager15,800 EGP+79%
Supply Chain Director18,600 EGP+110%
Supply Chain Manager18,000 EGP+100%
Supply Planner8,490 EGP-4%
Sustainability Procurement Specialist11,600 EGP+31%
Sustainable Sourcing Specialist9,090 EGP+3%
Sustainable Supply Chain Manager12,600 EGP+43%
Third Party Logistics Manager13,500 EGP+53%
Vendor Management Specialist12,300 EGP+39%
Warehouse Assistant3,600 EGP-59%
Warehouse Automation Engineer8,470 EGP-4%
Warehouse Clerk3,640 EGP-59%
Warehouse Executive15,400 EGP+74%
Warehouse Lead10,200 EGP+15%
Warehouse Manager15,000 EGP+70%
Warehouse Supervisor11,200 EGP+27%
Wholesale Buyer13,200 EGP+49%

Salary Comparison By City

CityAverage Salary
Cairo8,840 EGP

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 Egypt is 6% on average across all career fields.

Private Sector
8,930 EGP
Public Sector+6%
9,480 EGP
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Asset Management Associate in Cairo?

A good and competitive compensation would range anywhere between 8,040 EGP and 9,120 EGP. 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 Cairo ranges from 4,590 EGP to 6,660 EGP. 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


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