Arbitrator Average Salary in Istanbul 2024
How much money does a person working as Arbitrator make in Istanbul?
LOW
5,020
TRY AVERAGE
10,700
TRY HIGH
16,900
TRY
A person working as Arbitrator in Istanbul typically earns around 10,700 TRY. Salaries range from 5,020 TRY (lowest) to 16,900 TRY (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Arbitrator salaries in Istanbul vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Arbitrator Pay Scale and Salaries in Istanbul
Salary Structure and Pay Scale Comparison
10,000 TRY or more
8,830 to 10,000 TRY
6,140 TRY or less
6,140 to 8,830 TRY
 5,020 TRY |
10,100 TRY |
16,900 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 Arbitrator in Istanbul range from 5,020 TRY (starting salary) to 16,900 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 10,100 TRY, half of the professionals who work as Arbitrator in Istanbul 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 Arbitrator in Istanbul earn less than 8,200 TRY, while 75% earn more. Similarly, the chart shows that 75% earn less than 11,600 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 Arbitrator in Istanbul compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,140 TRY to 8,830 TRY. About 20% of salaries are below the 6,140 TRY mark, while 10% fall within the range of 8,830 TRY to 10,000 TRY. Only 5% of individuals have salaries exceeding 10,000 TRY.
Salary Comparison by Years of Experience / Arbitrator / Istanbul
How do experience and age affect pay?
| 0 - 2 Years | 5,790 TRY | |
| 2 - 5 Years | +38% | 7,980 TRY |
| 5 - 10 Years | +42% | 11,400 TRY |
| 10 - 15 Years | +22% | 13,800 TRY |
| 15 - 20 Years | +6% | 14,600 TRY |
| 20+ Years | +9% | 15,900 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 Arbitrator and this is what we found.
Employees with less than two years of experience earn approximately 5,790 TRY.
While someone with an experience level between two and five years is expected to earn 7,980 TRY, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 11,400 TRY, 42% 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 13,800 TRY, 22% 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 14,600 TRY, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 15,900 TRY, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Arbitrator / Istanbul
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Arbitrator.
| Bachelor's Degree | 7,980 TRY | |
| Master's Degree | +83% | 14,600 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 Arbitrator in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 7,980 TRY.
Level 2: Master's Degree
At this level, the average salary becomes 14,600 TRY, 83% 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 Turkey costs anywhere from 39,300 TRY to 118,000 TRY 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 / Arbitrator / Istanbul
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 Arbitrator in Turkey, the average difference between the salary of male and female employees is 8%.
| Male | 10,200 TRY | |
| Female | -8% | 9,400 TRY |
Salary Comparison By Gender in Turkey for all Careers
Average Annual Salary Increment Percentage / Arbitrator / Istanbul
How much are annual salary increments in Istanbul for individuals working as Arbitrator? How often do employees get salary raises?
Individuals working as Arbitrator in Turkey are likely to observe a salary increase of approximately % every 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 / Arbitrator / Turkey
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 / Arbitrator / Istanbul
62 TRY per hourThe average hourly wage (pay per hour) for individuals working as Arbitrator in Istanbul is 62 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 Arbitrator in Istanbul is 29 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 |
| Legal |  -100% | |
| Administrative Law Judge | 23,900 TRY |  +120% |
| Arbitrator | 10,700 TRY | +0% |
| Associate Attorney | 11,200 TRY | +5% |
| Attorney | 17,700 TRY | +66% |
| Bailiff | 5,280 TRY | -51% |
| Barrister | 4,750 TRY | -55% |
| Blockchain Lawyer | 12,200 TRY | +14% |
| Candidate Attorney | 10,300 TRY | -3% |
| Conciliator | 8,490 TRY | -20% |
| Contracts Associate | 5,470 TRY | -49% |
| Contracts Manager | 10,100 TRY | -5% |
| Contracts Negotiator | 7,700 TRY | -28% |
| Contracts Specialist | 5,380 TRY | -50% |
| Conveyancing Secretary | 4,550 TRY | -57% |
| Corporate Counsel | 13,000 TRY | +22% |
| Counsel | 12,900 TRY | +21% |
| Court Clerk | 3,770 TRY | -65% |
| Court Judicial Assistant | 6,820 TRY | -36% |
| Court Liaison Specialist | 7,790 TRY | -27% |
| Court Reporter | 6,590 TRY | -38% |
| Court Representative | 5,280 TRY | -51% |
| Crown Prosecution Service Lawyer | 22,900 TRY | +110% |
| Data Privacy and Protection Lawyer | 15,300 TRY | +43% |
| Digital Forensics Lawyer | 15,000 TRY | +41% |
| E-discovery Lawyer | 15,900 TRY | +49% |
| General Counsel | 21,900 TRY | +110% |
| Genetics Lawyer | 18,000 TRY | +69% |
| Immigration Executive | 11,500 TRY | +8% |
| In House Counsel | 12,800 TRY | +20% |
| Intellectual Property Lawyer | 16,700 TRY | +56% |
| Intellectual Property Specialist | 8,780 TRY | -18% |
| Judge Advocate | 18,100 TRY | +70% |
| Law Clerk | 4,150 TRY | -61% |
| Lawyer | 17,700 TRY | +66% |
| Legal Administrative Assistant | 4,520 TRY | -58% |
| Legal Advisor | 10,800 TRY | +1% |
| Legal Assistant | 4,680 TRY | -56% |
| Legal Associate | 8,210 TRY | -23% |
| Legal Compliance Officer | 11,700 TRY | +10% |
| Legal Consultant | 10,700 TRY | +0% |
| Legal Content Writer | 9,490 TRY | -11% |
| Legal Counsel | 13,100 TRY | +23% |
| Legal Data Analyst | 9,600 TRY | -10% |
| Legal Data Privacy Officer | 9,040 TRY | -15% |
| Legal Editor | 7,820 TRY | -27% |
| Legal Executive | 15,400 TRY | +44% |
| Legal Executive Secretary | 4,880 TRY | -54% |
| Legal IP Officer | 4,240 TRY | -60% |
| Legal Officer | 5,290 TRY | -50% |
| Legal Operations Manager | 18,300 TRY | +71% |
| Legal Process Outsourcing Professional | 10,100 TRY | -5% |
| Legal Project Manager | 22,000 TRY | +110% |
| Legal Risk Analyst | 16,800 TRY | +57% |
| Legal Secretary | 4,570 TRY | -57% |
| Legal Services Director | 19,700 TRY | +85% |
| Legal Services Manager | 20,700 TRY | +94% |
| Legal Support Worker | 3,200 TRY | -70% |
| Legal Technology Consultant | 8,250 TRY | -23% |
| Legislative Liaison | 8,330 TRY | -22% |
| Litigation Attorney | 20,100 TRY | +88% |
| Litigation Paralegal | 10,500 TRY | -2% |
| Litigation Support Specialist | 11,200 TRY | +5% |
| Magistrate Judge | 25,900 TRY | +140% |
| Paralegal | 6,570 TRY | -38% |
| Patent Attorney | 12,500 TRY | +17% |
| Privacy Compliance Officer | 7,970 TRY | -25% |
| Privacy Lawyer | 15,000 TRY | +41% |
| Social Media Lawyer | 12,600 TRY | +18% |
| Staff Attorney | 13,800 TRY | +29% |
| Venture Capital Lawyer | 18,800 TRY | +76% |
| Web Content Lawyer | 13,500 TRY | +26% |
Salary Comparison By City
| City | Average Salary |
| Ankara | 9,820 TRY |
| Istanbul | 10,700 TRY |
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 Arbitrator in Istanbul?
A good and competitive compensation would range anywhere between 10,100 TRY and 11,600 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 Arbitrator in Istanbul ranges from 5,020 TRY to 8,200 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
