Corporate Treasurer Average Salary in Turkey 2024

How much money does a person working as Corporate Treasurer make in Turkey?

Average Monthly Salary

10,400 TRY

( 124,000 TRY yearly)

LOW
5,080
TRY AVERAGE
10,400
TRY HIGH
16,200
TRY

Corporate Treasurer Pay Scale and Salaries in Turkey

Salary Structure and Pay Scale Comparison

5% of people earn
9,600 TRY or more

10% of people earn
8,480 to 9,600 TRY

20% of people earn
6,020 TRY or less

65% of people earn
6,020 to 8,480 TRY

Minimum Salary 5,080 TRY

Median 9,660 TRY

Maximum 16,200 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 Corporate Treasurer in Turkey range from 5,080 TRY (starting salary) to 16,200 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 9,660 TRY, half of the professionals who work as Corporate Treasurer in Turkey 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 Corporate Treasurer in Turkey earn less than 7,900 TRY, while 75% earn more. Similarly, the chart shows that 75% earn less than 11,000 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 Corporate Treasurer in Turkey compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 6,020 TRY to 8,480 TRY. About 20% of salaries are below the 6,020 TRY mark, while 10% fall within the range of 8,480 TRY to 9,600 TRY. Only 5% of individuals have salaries exceeding 9,600 TRY.

Salary Comparison by Years of Experience / Corporate Treasurer / Turkey

How do experience and age affect pay?

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 Corporate Treasurer and this is what we found.

Employees with less than two years of experience earn approximately 6,020 TRY.

While someone with an experience level between two and five years is expected to earn 7,740 TRY, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 10,700 TRY, 38% 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 13,200 TRY, 24% 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 14,200 TRY, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 15,100 TRY, 7% more than people with fifteen to twenty years of experience.

Typical Salary Progress for Most Careers

Salary Comparison By Education / Corporate Treasurer / Turkey

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Corporate Treasurer.

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 Corporate Treasurer in order to make a comparison.

Level 1: High School

Employees at this education level have an average salary of 7,510 TRY.

Level 2: Certificate or Diploma

At this level, the average salary becomes 8,620 TRY, 15% more than the previous level.

Level 3: Bachelor's Degree

At this level, the average salary becomes 11,600 TRY, 35% more than the previous level.

Level 4: Master's Degree

At this level, the average salary becomes 14,600 TRY, 26% more than the previous level.

Typical Salary Difference by Education for Most Careers

Salary and Compensation Comparison By Gender / Corporate Treasurer / Turkey

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 Corporate Treasurer in Turkey, the average difference between the salary of male and female employees is 11%.

Salary Comparison By Gender in Turkey for all Careers

Average Annual Salary Increment Percentage / Corporate Treasurer / Turkey

How much are annual salary increments in Turkey for individuals working as Corporate Treasurer? How often do employees get salary raises?

Individuals working as Corporate Treasurer in Turkey are likely to observe a salary increase of approximately 12% every 18 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

Bonus and Incentive Rates / Corporate Treasurer / Turkey

How much and how often are bonuses being awarded?

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19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus		81%
No Bonus		19%

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?

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 / Corporate Treasurer / Turkey

60 TRY per hour

The average hourly wage (pay per hour) for individuals working as Corporate Treasurer in Turkey is 60 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 Corporate Treasurer in Turkey 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

Accounting and Finance		-100%
Account Examiner	4,290 TRY	-59%
Account Executive	6,890 TRY	-33%
Accountant	5,560 TRY	-46%
Accounting Analyst	6,940 TRY	-33%
Accounting Assistant	4,450 TRY	-57%
Accounting Associate	4,060 TRY	-61%
Accounting Clerk	3,420 TRY	-67%
Accounting Coordinator	5,150 TRY	-50%
Accounting Head	10,900 TRY	+5%
Accounting Manager	11,700 TRY	+13%
Accounting Officer	4,280 TRY	-59%
Accounting Specialist	7,980 TRY	-23%
Accounting Supervisor	8,100 TRY	-22%
Accounting Technician	4,020 TRY	-61%
Accounting Unit Controller	9,650 TRY	-7%
Accounts Executive	7,210 TRY	-30%
Accounts Officer	4,260 TRY	-59%
Accounts Payable and Receivable Specialist	5,880 TRY	-43%
Accounts Payable Assistant	4,740 TRY	-54%
Accounts Payable Associate	5,250 TRY	-49%
Accounts Payable Clerk	4,170 TRY	-60%
Accounts Payable Manager	11,300 TRY	+9%
Accounts Receivable Administrator	8,360 TRY	-19%
Accounts Receivable Clerk	4,340 TRY	-58%
Accounts Receivable Financial Analyst	8,020 TRY	-23%
Accounts Receivable Manager	10,500 TRY	+1%
Accounts Receivable Team Leader	8,150 TRY	-21%
Algorithmic Trading Specialist	10,200 TRY	-2%
Assistant Accountant	4,160 TRY	-60%
Assistant Accounting Manager	10,900 TRY	+5%
Assistant Auditor	5,460 TRY	-47%
Assistant Corporate Controller	8,060 TRY	-22%
Assistant Finance Manager	12,100 TRY	+17%
Assistant Financial Controller	7,900 TRY	-24%
Audit Director	12,800 TRY	+24%
Audit Supervisor	9,910 TRY	-4%
Auditing Clerk	4,260 TRY	-59%
Auditing Manager	12,300 TRY	+19%
Billing Clerk	4,360 TRY	-58%
Billing Coordinator	5,320 TRY	-49%
Billing Specialist	6,160 TRY	-41%
Billing Supervisor	8,700 TRY	-16%
Bookkeeper	3,820 TRY	-63%
Bookkeeping Specialist	5,490 TRY	-47%
Budget Analyst	10,200 TRY	-2%
Budget Manager	11,300 TRY	+9%
Business Support Analyst	6,160 TRY	-41%
Capital Markets Associate	8,110 TRY	-22%
Cash Flow Analyst	8,440 TRY	-19%
Cash Management Manager	11,300 TRY	+9%
Cash Management Officer	6,690 TRY	-35%
Cashbook Clerk	3,860 TRY	-63%
Chartered Accountant	6,870 TRY	-34%
Chief Accountant	8,770 TRY	-15%
Chief Financial Technology Officer	12,200 TRY	+18%
Collections Clerk	3,420 TRY	-67%
Collections Representative	4,950 TRY	-52%
Collections Specialist	5,520 TRY	-47%
Corporate Controller	8,870 TRY	-14%
Corporate Treasurer	10,400 TRY	+0%
Cost Accountant	5,640 TRY	-46%
Cost Accounting Manager	11,000 TRY	+6%
Cost Accounting Supervisor	9,170 TRY	-11%
Cost Analyst	9,010 TRY	-13%
Credit and Collection Manager	10,900 TRY	+5%
Credit and Collection Staff	4,470 TRY	-57%
Credit and Loans Officer	4,170 TRY	-60%
Credit Controller	7,590 TRY	-27%
Credit Manager	12,300 TRY	+19%
Debt Adviser	9,140 TRY	-12%
Debt Collector	4,550 TRY	-56%
Debtors Clerk	3,860 TRY	-63%
Debtors Controller	4,280 TRY	-59%
Deputy CFO	15,700 TRY	+52%
Deputy Head of Finance	14,800 TRY	+43%
Derivative Trader	10,100 TRY	-2%
Director of Finance	16,100 TRY	+55%
E-commerce Accountant	5,900 TRY	-43%
Economist	12,900 TRY	+25%
Equity Analyst	9,880 TRY	-5%
Escrow Assistant	4,860 TRY	-53%
Executive Accountant	6,630 TRY	-36%
External Auditor	7,640 TRY	-26%
Finance Administrator	6,770 TRY	-35%
Finance Analyst	10,400 TRY	+0%
Finance Associate	5,150 TRY	-50%
Finance Data Analyst	8,970 TRY	-13%
Finance Director	16,100 TRY	+55%
Finance Executive	11,600 TRY	+12%
Finance Licensing Clerk	4,210 TRY	-59%
Finance Licensing Manager	10,300 TRY	-1%
Finance Licensing Specialist	5,960 TRY	-42%
Finance Manager	15,700 TRY	+52%
Finance Officer	5,150 TRY	-50%
Finance President	16,400 TRY	+58%
Finance Relationship Manager	12,400 TRY	+20%
Finance Release Analyst	6,660 TRY	-36%
Finance Specialist	9,450 TRY	-9%
Finance Team Leader	12,900 TRY	+25%
Financial Accountant	5,740 TRY	-45%
Financial Actuary	8,590 TRY	-17%
Financial Administrator	9,740 TRY	-6%
Financial Advisor	10,600 TRY	+2%
Financial Analyst	10,400 TRY	+0%
Financial Applications Specialist	7,360 TRY	-29%
Financial Assistant	4,380 TRY	-58%
Financial Associate	5,140 TRY	-50%
Financial Claims Analyst	7,430 TRY	-28%
Financial Claims Manager	10,000 TRY	-3%
Financial Claims Supervisor	9,520 TRY	-8%
Financial Clerk	4,480 TRY	-57%
Financial Commercial Analyst	8,230 TRY	-21%
Financial Compliance Analyst	8,760 TRY	-15%
Financial Compliance Officer	8,990 TRY	-13%
Financial Consultant	7,210 TRY	-30%
Financial Controller	9,260 TRY	-11%
Financial Coordinator	5,290 TRY	-49%
Financial Customer Service Manager	9,950 TRY	-4%
Financial Data Scientist	10,800 TRY	+4%
Financial Dealer and Broker	6,130 TRY	-41%
Financial Director	17,000 TRY	+64%
Financial Encoder	4,890 TRY	-53%
Financial Manager	15,800 TRY	+53%
Financial Modelling Analyst	10,600 TRY	+2%
Financial Operations Manager	14,100 TRY	+36%
Financial Policy Analyst	8,580 TRY	-17%
Financial Project Manager	11,400 TRY	+10%
Financial Quantitative Analyst	9,310 TRY	-10%
Financial Reporting Consultant	8,060 TRY	-22%
Financial Reporting Manager	10,600 TRY	+2%
Financial Section Head	10,700 TRY	+3%
Financial Services Manager	14,700 TRY	+42%
Financial Services Sales Agent	6,240 TRY	-40%
Financial Technology Consultant	8,600 TRY	-17%
Financial Wellness Coach	11,500 TRY	+11%
FinTech Analyst	9,820 TRY	-5%
Fixed Assets Administrator	5,750 TRY	-44%
Forensic Accountant	6,280 TRY	-39%
Fraud Detection Supervisor	6,860 TRY	-34%
Fraud Prevention Manager	11,600 TRY	+12%
Fund Accountant	5,550 TRY	-46%
Grants Coordinator	4,180 TRY	-60%
Green Finance Analyst	8,420 TRY	-19%
Group Financial Manager	16,900 TRY	+63%
Internal Auditor	7,450 TRY	-28%
Internal Control Adviser	8,750 TRY	-16%
Internal Control Officer	4,950 TRY	-52%
International Tax Director	13,500 TRY	+30%
Inventory Accountant	5,600 TRY	-46%
Investment Advisor	15,800 TRY	+53%
Investment Analyst	10,800 TRY	+4%
Investment Associate	9,420 TRY	-9%
Investment Broker	9,390 TRY	-9%
Investment Fund Manager	12,800 TRY	+24%
Investment Operations Manager	12,700 TRY	+23%
Investment Underwriter	4,970 TRY	-52%
Investor	7,170 TRY	-31%
Investor Relations Manager	11,400 TRY	+10%
KYC Team Leader	11,200 TRY	+8%
Loan Processor	4,820 TRY	-53%
Management Accountant	6,040 TRY	-42%
Management Economist	13,200 TRY	+27%
Paymaster	4,600 TRY	-56%
Payroll Administrator	7,400 TRY	-29%
Payroll Benefits Coordinator	6,060 TRY	-41%
Payroll Billing Manager	10,200 TRY	-2%
Payroll Clerk	5,000 TRY	-52%
Payroll Manager	10,700 TRY	+3%
Payroll Officer	4,980 TRY	-52%
Payroll Specialist	6,080 TRY	-41%
Payroll Supervisor	6,900 TRY	-33%
Pensions Administrator	6,000 TRY	-42%
Personal Financial Advisor	8,170 TRY	-21%
Pricing Analyst	9,710 TRY	-6%
Private Equity Analyst	10,100 TRY	-2%
Project Accountant	6,170 TRY	-40%
Proposal Development Coordinator	5,040 TRY	-51%
Quantitative Trader	8,380 TRY	-19%
Receivables Accountant	5,390 TRY	-48%
Regulatory Accountant	6,320 TRY	-39%
Retirement Plan Analyst	8,870 TRY	-14%
Revenue Management Specialist	9,420 TRY	-9%
Revenue Recognition Analyst	10,400 TRY	+0%
Risk Management Director	14,100 TRY	+36%
Risk Management Supervisor	10,700 TRY	+3%
Staff Accountant	5,370 TRY	-48%
Tax Accountant	5,380 TRY	-48%
Tax Administrator	6,320 TRY	-39%
Tax Advisor	8,240 TRY	-20%
Tax Analyst	8,420 TRY	-19%
Tax Associate	4,930 TRY	-52%
Tax Consultant	8,960 TRY	-13%
Tax Director	13,300 TRY	+28%
Tax Examiner	5,800 TRY	-44%
Tax Manager	11,300 TRY	+9%
Tax Research Manager	11,600 TRY	+12%
Teller	3,450 TRY	-67%
Treasury Accountant	5,900 TRY	-43%
Treasury Analyst	8,940 TRY	-14%
Underwriter	3,880 TRY	-63%
Underwriting Assistant	3,720 TRY	-64%
Vice President of Finance	15,200 TRY	+47%

Salary Comparison By City

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.

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Corporate Treasurer in Turkey?

A good and competitive compensation would range anywhere between 9,660 TRY and 11,000 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 Corporate Treasurer in Turkey ranges from 5,080 TRY to 7,900 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.