Asset Management Associate Average Salary in Cairo 2024
How much money does a person working as Asset Management Associate make in Cairo?
LOW
4,590
EGP AVERAGE
8,840
EGP HIGH
13,500
EGP
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
Salary Structure and Pay Scale Comparison
8,000 EGP or more
7,130 to 8,000 EGP
5,200 EGP or less
5,200 to 7,130 EGP
 4,590 EGP |
8,040 EGP |
13,500 EGP |
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 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 |
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 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.
Typical Salary Progress for Most Careers
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 |
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 and Compensation Comparison By Gender / Asset Management Associate / Cairo
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 |
Salary Comparison By Gender in Egypt for all Careers
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.
Egypt / 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 / Egypt
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 / Asset Management Associate / Cairo
51 EGP per hourThe 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.
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 Title | Average Salary |
| Purchasing and Inventory |  -100% | |
| Asset Management Associate | 8,840 EGP |  +0% |
| Asset Protection Associate | 8,350 EGP | -5% |
| Asset Protection Specialist | 9,100 EGP | +3% |
| Assistant Buyer | 7,840 EGP | -11% |
| Buyer | 13,500 EGP | +53% |
| Capacity Planner | 10,000 EGP | +13% |
| Category Leader | 8,940 EGP | +1% |
| Category Management Specialist | 9,470 EGP | +7% |
| Category Manager | 10,600 EGP | +20% |
| Channel Services Representative | 8,910 EGP | +1% |
| Contracts Manager | 11,200 EGP | +27% |
| Contracts Specialist | 8,640 EGP | -2% |
| Demand Planner | 10,000 EGP | +13% |
| Demand Planning Manager | 11,600 EGP | +31% |
| Digital Procurement Manager | 10,200 EGP | +15% |
| Distribution Assistant | 7,870 EGP | -11% |
| Distribution Associate | 8,240 EGP | -7% |
| Distribution Manager | 17,100 EGP | +94% |
| E-Commerce Buyer | 9,210 EGP | +4% |
| E-procurement Specialist | 10,500 EGP | +19% |
| Freight and Customs Compliance Manager | 11,400 EGP | +29% |
| Green Procurement Specialist | 9,080 EGP | +3% |
| Inventory Analyst | 8,770 EGP | -1% |
| Inventory Analytics Manager | 8,960 EGP | +1% |
| Inventory Control Clerk | 4,820 EGP | -45% |
| Inventory Control Manager | 11,400 EGP | +29% |
| Inventory Management Associate | 9,520 EGP | +8% |
| Inventory Optimization Manager | 10,200 EGP | +15% |
| Inventory Specialist | 8,600 EGP | -3% |
| Logistics Automation Engineer | 10,000 EGP | +13% |
| Logistics Engineer | 7,720 EGP | -13% |
| Master Planner | 8,500 EGP | -4% |
| Material Handler | 5,350 EGP | -39% |
| Material Planning Specialist | 7,780 EGP | -12% |
| Merchandise Manager | 9,860 EGP | +12% |
| Procurement Administrator | 10,600 EGP | +20% |
| Procurement Agent | 6,560 EGP | -26% |
| Procurement Analyst | 11,600 EGP | +31% |
| Procurement Assistant | 6,760 EGP | -23% |
| Procurement Associate | 9,190 EGP | +4% |
| Procurement Clerk | 4,280 EGP | -52% |
| Procurement Engineer | 8,840 EGP | +0% |
| Procurement Manager | 16,900 EGP | +91% |
| Procurement Officer | 4,150 EGP | -53% |
| Procurement Process Analyst | 10,500 EGP | +19% |
| Procurement Risk Manager | 9,840 EGP | +11% |
| Procurement Specialist | 8,000 EGP | -9% |
| Procurement Technology Consultant | 10,300 EGP | +17% |
| Production Planner | 9,750 EGP | +10% |
| Project Buyer | 11,500 EGP | +30% |
| Purchaser | 13,900 EGP | +57% |
| Purchasing Agent | 7,650 EGP | -13% |
| Purchasing Assistant | 4,850 EGP | -45% |
| Purchasing Manager | 17,600 EGP | +99% |
| Purchasing Officer | 8,130 EGP | -8% |
| Purchasing Supervisor | 11,500 EGP | +30% |
| Shipping and Receiving Clerk | 4,260 EGP | -52% |
| Shipping Coordinator | 8,330 EGP | -6% |
| Stock Clerk | 4,580 EGP | -48% |
| Stock Regulator | 5,090 EGP | -42% |
| Storage Manager | 11,500 EGP | +30% |
| Store Keeper | 4,370 EGP | -51% |
| Stores and Logistics Coordinator | 8,790 EGP | -1% |
| Strategic Sourcing Analyst | 11,800 EGP | +34% |
| Supplier Diversity Program Manager | 11,500 EGP | +30% |
| Supplier Relationship Manager | 12,600 EGP | +43% |
| Supply Chain Analyst | 13,000 EGP | +47% |
| Supply Chain Coordinator | 9,500 EGP | +8% |
| Supply Chain Development Manager | 15,800 EGP | +79% |
| Supply Chain Director | 18,600 EGP | +110% |
| Supply Chain Manager | 18,000 EGP | +100% |
| Supply Planner | 8,490 EGP | -4% |
| Sustainability Procurement Specialist | 11,600 EGP | +31% |
| Sustainable Sourcing Specialist | 9,090 EGP | +3% |
| Sustainable Supply Chain Manager | 12,600 EGP | +43% |
| Third Party Logistics Manager | 13,500 EGP | +53% |
| Vendor Management Specialist | 12,300 EGP | +39% |
| Warehouse Assistant | 3,600 EGP | -59% |
| Warehouse Automation Engineer | 8,470 EGP | -4% |
| Warehouse Clerk | 3,640 EGP | -59% |
| Warehouse Executive | 15,400 EGP | +74% |
| Warehouse Lead | 10,200 EGP | +15% |
| Warehouse Manager | 15,000 EGP | +70% |
| Warehouse Supervisor | 11,200 EGP | +27% |
| Wholesale Buyer | 13,200 EGP | +49% |
Salary Comparison By City
| City | Average Salary |
| Cairo | 8,840 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 |
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
