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Arbitrator Average Salary in Istanbul 2024

How much money does a person working as Arbitrator make in Istanbul?


Average Monthly Salary
10,700 TRY
( 128,000 TRY yearly)

LOW
5,020
TRY
AVERAGE
10,700
TRY
HIGH
16,900
TRY
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 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

Median and salary distribution Istanbul Arbitrator monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
10,000 TRY or more
10% of people earn
8,830 to 10,000 TRY
20% of people earn
6,140 TRY or less
65% of people earn
6,140 to 8,830 TRY
Minimum Salary
5,020 TRY
Median
10,100 TRY
Maximum
16,900 TRY




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 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
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Istanbul Arbitrator
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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 Arbitrator 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 5,790 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.

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 / 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
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Istanbul Arbitrator
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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 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 Comparison By Education Level
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Salary and Compensation Comparison By Gender / Arbitrator / Istanbul

Salary comparison by gender Turkey Arbitrator 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 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
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Turkey for all Careers

Salary comparison by gender monthly Turkey
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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.

Annual Salary Increment Rate Turkey Arbitrator
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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.

Turkey / All Professions

Annual Salary Increment Rate Turkey
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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 Turkey is 5%.

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 / Arbitrator / Turkey

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Turkey Arbitrator
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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 / Arbitrator / Istanbul


62 TRY per hour

The 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.


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 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 TitleAverage Salary
Legal-100%
Administrative Law Judge23,900 TRY+120%
Arbitrator10,700 TRY+0%
Associate Attorney11,200 TRY+5%
Attorney17,700 TRY+66%
Bailiff5,280 TRY-51%
Barrister4,750 TRY-55%
Blockchain Lawyer12,200 TRY+14%
Candidate Attorney10,300 TRY-3%
Conciliator8,490 TRY-20%
Contracts Associate5,470 TRY-49%
Contracts Manager10,100 TRY-5%
Contracts Negotiator7,700 TRY-28%
Contracts Specialist5,380 TRY-50%
Conveyancing Secretary4,550 TRY-57%
Corporate Counsel13,000 TRY+22%
Counsel12,900 TRY+21%
Court Clerk3,770 TRY-65%
Court Judicial Assistant6,820 TRY-36%
Court Liaison Specialist7,790 TRY-27%
Court Reporter6,590 TRY-38%
Court Representative5,280 TRY-51%
Crown Prosecution Service Lawyer22,900 TRY+110%
Data Privacy and Protection Lawyer15,300 TRY+43%
Digital Forensics Lawyer15,000 TRY+41%
E-discovery Lawyer15,900 TRY+49%
General Counsel21,900 TRY+110%
Genetics Lawyer18,000 TRY+69%
Immigration Executive11,500 TRY+8%
In House Counsel12,800 TRY+20%
Intellectual Property Lawyer16,700 TRY+56%
Intellectual Property Specialist8,780 TRY-18%
Judge Advocate18,100 TRY+70%
Law Clerk4,150 TRY-61%
Lawyer17,700 TRY+66%
Legal Administrative Assistant4,520 TRY-58%
Legal Advisor10,800 TRY+1%
Legal Assistant4,680 TRY-56%
Legal Associate8,210 TRY-23%
Legal Compliance Officer11,700 TRY+10%
Legal Consultant10,700 TRY+0%
Legal Content Writer9,490 TRY-11%
Legal Counsel13,100 TRY+23%
Legal Data Analyst9,600 TRY-10%
Legal Data Privacy Officer9,040 TRY-15%
Legal Editor7,820 TRY-27%
Legal Executive15,400 TRY+44%
Legal Executive Secretary4,880 TRY-54%
Legal IP Officer4,240 TRY-60%
Legal Officer5,290 TRY-50%
Legal Operations Manager18,300 TRY+71%
Legal Process Outsourcing Professional10,100 TRY-5%
Legal Project Manager22,000 TRY+110%
Legal Risk Analyst16,800 TRY+57%
Legal Secretary4,570 TRY-57%
Legal Services Director19,700 TRY+85%
Legal Services Manager20,700 TRY+94%
Legal Support Worker3,200 TRY-70%
Legal Technology Consultant8,250 TRY-23%
Legislative Liaison8,330 TRY-22%
Litigation Attorney20,100 TRY+88%
Litigation Paralegal10,500 TRY-2%
Litigation Support Specialist11,200 TRY+5%
Magistrate Judge25,900 TRY+140%
Paralegal6,570 TRY-38%
Patent Attorney12,500 TRY+17%
Privacy Compliance Officer7,970 TRY-25%
Privacy Lawyer15,000 TRY+41%
Social Media Lawyer12,600 TRY+18%
Staff Attorney13,800 TRY+29%
Venture Capital Lawyer18,800 TRY+76%
Web Content Lawyer13,500 TRY+26%

Salary Comparison By City

CityAverage Salary
Ankara9,820 TRY
Istanbul10,700 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
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 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


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