Asset Management Associate Average Salary in Iraq 2024
How much money does a person working as Asset Management Associate make in Iraq?
LOW
1,020,000
IQD AVERAGE
1,950,000
IQD HIGH
2,990,000
IQD
A person working as Asset Management Associate in Iraq typically earns around 1,950,000 IQD. Salaries range from 1,020,000 IQD (lowest) to 2,990,000 IQD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Asset Management Associate salaries in Iraq 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 Iraq
Salary Structure and Pay Scale Comparison
1,770,000 IQD or more
1,580,000 to 1,770,000 IQD
1,150,000 IQD or less
1,150,000 to 1,580,000 IQD
 1,020,000 IQD |
1,780,000 IQD |
2,990,000 IQD |
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 Iraq range from 1,020,000 IQD (starting salary) to 2,990,000 IQD (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 1,780,000 IQD, half of the professionals who work as Asset Management Associate in Iraq 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 Iraq earn less than 1,470,000 IQD, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,020,000 IQD 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 Iraq compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,150,000 IQD to 1,580,000 IQD. About 20% of salaries are below the 1,150,000 IQD mark, while 10% fall within the range of 1,580,000 IQD to 1,770,000 IQD. Only 5% of individuals have salaries exceeding 1,770,000 IQD.
Salary Comparison by Years of Experience / Asset Management Associate / Iraq
How do experience and age affect pay?
| 0 - 2 Years | 1,150,000 IQD | |
| 2 - 5 Years | +34% | 1,550,000 IQD |
| 5 - 10 Years | +30% | 2,010,000 IQD |
| 10 - 15 Years | +21% | 2,440,000 IQD |
| 15 - 20 Years | +9% | 2,660,000 IQD |
| 20+ Years | +5% | 2,800,000 IQD |
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 1,150,000 IQD.
While someone with an experience level between two and five years is expected to earn 1,550,000 IQD, 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 2,010,000 IQD, 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 2,440,000 IQD, 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 2,660,000 IQD, 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 2,800,000 IQD, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Asset Management Associate / Iraq
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 | 1,370,000 IQD | |
| Certificate or Diploma | +43% | 1,960,000 IQD |
| Bachelor's Degree | +38% | 2,710,000 IQD |
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 1,370,000 IQD.
Level 2: Certificate or Diploma
At this level, the average salary becomes 1,960,000 IQD, 43% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 2,710,000 IQD, 38% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Asset Management Associate / Iraq
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 Iraq, the average difference between the salary of male and female employees is 13%.
| Male | 2,110,000 IQD | |
| Female | -12% | 1,860,000 IQD |
Salary Comparison By Gender in Iraq for all Careers
Average Annual Salary Increment Percentage / Asset Management Associate / Iraq
How much are annual salary increments in Iraq for individuals working as Asset Management Associate? How often do employees get salary raises?
Individuals working as Asset Management Associate in Iraq are likely to observe a salary increase of approximately 8% every 22 months. The national average annual increment for all professions combined is 7% granted to employees every 20 months.
Iraq / 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 / Iraq
How much and how often are bonuses being awarded?
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51% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 49% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
| Received Bonus | 49% | |
| No Bonus | 51% |
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 / Iraq
11,300 IQD per hourThe average hourly wage (pay per hour) for individuals working as Asset Management Associate in Iraq is 11,300 IQD.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 Iraq is 5,860 IQD. 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 | 1,950,000 IQD | -0% |
| Asset Protection Associate | 1,800,000 IQD | -8% |
| Asset Protection Specialist | 1,910,000 IQD | -2% |
| Assistant Buyer | 1,730,000 IQD | -11% |
| Buyer | 3,010,000 IQD |  +54% |
| Capacity Planner | 2,180,000 IQD | +12% |
| Category Leader | 1,880,000 IQD | -4% |
| Category Management Specialist | 1,930,000 IQD | -1% |
| Category Manager | 2,190,000 IQD | +12% |
| Channel Services Representative | 2,040,000 IQD | +4% |
| Contracts Manager | 2,250,000 IQD | +15% |
| Contracts Specialist | 1,830,000 IQD | -6% |
| Demand Planner | 2,060,000 IQD | +5% |
| Demand Planning Manager | 2,430,000 IQD | +24% |
| Digital Procurement Manager | 2,340,000 IQD | +20% |
| Distribution Assistant | 1,720,000 IQD | -12% |
| Distribution Associate | 1,760,000 IQD | -10% |
| Distribution Manager | 3,510,000 IQD | +80% |
| E-Commerce Buyer | 1,930,000 IQD | -1% |
| E-procurement Specialist | 2,390,000 IQD | +22% |
| Freight and Customs Compliance Manager | 2,370,000 IQD | +21% |
| Green Procurement Specialist | 2,000,000 IQD | +2% |
| Inventory Analyst | 1,940,000 IQD | -1% |
| Inventory Analytics Manager | 1,780,000 IQD | -9% |
| Inventory Control Clerk | 966,000 IQD | -51% |
| Inventory Control Manager | 2,460,000 IQD | +26% |
| Inventory Management Associate | 2,050,000 IQD | +5% |
| Inventory Optimization Manager | 2,190,000 IQD | +12% |
| Inventory Specialist | 1,820,000 IQD | -7% |
| Logistics Automation Engineer | 2,040,000 IQD | +4% |
| Logistics Engineer | 1,800,000 IQD | -8% |
| Master Planner | 1,810,000 IQD | -7% |
| Material Handler | 1,160,000 IQD | -41% |
| Material Planning Specialist | 1,640,000 IQD | -16% |
| Merchandise Manager | 2,220,000 IQD | +14% |
| Procurement Administrator | 2,280,000 IQD | +17% |
| Procurement Agent | 1,430,000 IQD | -27% |
| Procurement Analyst | 2,490,000 IQD | +27% |
| Procurement Assistant | 1,510,000 IQD | -23% |
| Procurement Associate | 1,950,000 IQD | -0% |
| Procurement Clerk | 881,000 IQD | -55% |
| Procurement Engineer | 1,920,000 IQD | -2% |
| Procurement Manager | 3,960,000 IQD | +100% |
| Procurement Officer | 942,000 IQD | -52% |
| Procurement Process Analyst | 2,320,000 IQD | +19% |
| Procurement Risk Manager | 2,300,000 IQD | +18% |
| Procurement Specialist | 1,690,000 IQD | -14% |
| Procurement Technology Consultant | 2,340,000 IQD | +20% |
| Production Planner | 2,070,000 IQD | +6% |
| Project Buyer | 2,520,000 IQD | +29% |
| Purchaser | 2,930,000 IQD | +50% |
| Purchasing Agent | 1,560,000 IQD | -20% |
| Purchasing Assistant | 990,000 IQD | -49% |
| Purchasing Manager | 3,700,000 IQD | +89% |
| Purchasing Officer | 1,740,000 IQD | -11% |
| Purchasing Supervisor | 2,590,000 IQD | +33% |
| Shipping and Receiving Clerk | 885,000 IQD | -55% |
| Shipping Coordinator | 1,880,000 IQD | -4% |
| Stock Clerk | 991,000 IQD | -49% |
| Stock Regulator | 1,080,000 IQD | -45% |
| Storage Manager | 2,420,000 IQD | +24% |
| Store Keeper | 934,000 IQD | -52% |
| Stores and Logistics Coordinator | 1,940,000 IQD | -1% |
| Strategic Sourcing Analyst | 2,710,000 IQD | +39% |
| Supplier Diversity Program Manager | 2,410,000 IQD | +23% |
| Supplier Relationship Manager | 2,570,000 IQD | +32% |
| Supply Chain Analyst | 2,630,000 IQD | +35% |
| Supply Chain Coordinator | 2,040,000 IQD | +4% |
| Supply Chain Development Manager | 3,390,000 IQD | +73% |
| Supply Chain Director | 3,860,000 IQD | +98% |
| Supply Chain Manager | 3,750,000 IQD | +92% |
| Supply Planner | 1,830,000 IQD | -6% |
| Sustainability Procurement Specialist | 2,520,000 IQD | +29% |
| Sustainable Sourcing Specialist | 1,930,000 IQD | -1% |
| Sustainable Supply Chain Manager | 2,880,000 IQD | +47% |
| Third Party Logistics Manager | 3,040,000 IQD | +56% |
| Vendor Management Specialist | 2,610,000 IQD | +34% |
| Warehouse Assistant | 780,000 IQD | -60% |
| Warehouse Automation Engineer | 2,000,000 IQD | +2% |
| Warehouse Clerk | 778,000 IQD | -60% |
| Warehouse Executive | 3,260,000 IQD | +67% |
| Warehouse Lead | 2,190,000 IQD | +12% |
| Warehouse Manager | 3,200,000 IQD | +64% |
| Warehouse Supervisor | 2,460,000 IQD | +26% |
| Wholesale Buyer | 2,980,000 IQD | +52% |
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 Iraq is 15% on average across all career fields.
| Private Sector | 1,920,000 IQD | |
| Public Sector | +15% | 2,200,000 IQD |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Asset Management Associate in Iraq?
A good and competitive compensation would range anywhere between 1,780,000 IQD and 2,020,000 IQD. 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 Iraq ranges from 1,020,000 IQD to 1,470,000 IQD. 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
