Average Conveyancing Secretary Salary in Ulan Bator, Mongolia for 2024

In this article, we will look at the average Conveyancing Secretary salary for 2024 in Ulan Bator and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mongolian tögrög. To keep things simple, we are using the MNT currency code instead of the currency symbol ₮.

How Much Does a Conveyancing Secretary Make in Ulan Bator?

A Conveyancing Secretary working in Ulan Bator will typically earn around 11,088,300 MNT per year, and this can range from the lowest average salary of about 5,434,400 MNT to the highest average salary of 17,278,100 MNT.

These are average salaries for a Conveyancing Secretary in Ulan Bator and include benefits such as housing and transport. It's also possible for a Conveyancing Secretary to earn more or less than the average salaries shown above.

Conveyancing Secretary salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Conveyancing Secretary Salaries in Ulan Bator

So we've looked at the average salaries a Conveyancing Secretary will earn in Ulan Bator. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Conveyancing Secretary can earn between 5,434,400 MNT and 17,278,100 MNT on average in Ulan Bator. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Conveyancing Secretary in Ulan Bator is 11,316,200 MNT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 11,316,200 MNT, and 50% of the population earn more than 11,316,200 MNT.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Conveyancing Secretary salary in Ulan Bator, 25% of the population are earning less than 7,537,100 MNT while 75% of the population earn more than 7,537,100 MNT.

75% of the population earn less than 14,639,900 MNT, and 25% of the population earn more than 14,639,900 MNT.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

Conveyancing Secretary Salary by Experience Level in Ulan Bator

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average conveyancing secretary salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

• 0 - 2 Years Experience. A Conveyancing Secretary in Ulan Bator that has less than two years of experience can expect to earn somewhere in the region of 6,442,400 MNT.
• 2 - 5 Years Experience. With two to five years of experience the average Conveyancing Secretary salary would increase to 8,279,300 MNT.
• 5 - 10 Years Experience. From five to ten years of experience as a Conveyancing Secretary, the average salary would be 11,425,300 MNT.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 14,158,800 MNT.
• 15 - 20 Years Experience. A Conveyancing Secretary with 15 to 20 years of experience can earn an average of 15,118,700 MNT.
• 20+ Years Experience. For a Conveyancing Secretary with more than 20 years, the expected average salary increases to 16,198,300 MNT.

Average Salary by Experience Chart

Conveyancing Secretary Salary by Education Level in Ulan Bator

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Conveyancing Secretary in Ulan Bator based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. A Conveyancing Secretary in Ulan Bator with a high school education can earn an average salary of 8,279,300 MNT.

• Certificate or Diploma. A Conveyancing Secretary in Ulan Bator with a certificate or diploma education can earn an average salary of 11,844,700 MNT.

• Bachelor's Degree. A Conveyancing Secretary in Ulan Bator with a bachelor's degree education can earn an average salary of 16,320,700 MNT.

Average Salary by Education Chart

Conveyancing Secretary Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Ulan Bator, a male conveyancing secretary will earn an average of 10,595,000 MNT, while a female conveyancing secretary will earn around 11,399,200 MNT.

This means that a male conveyancing secretary earns approximately 7% less than a female conveyancing secretary for performing the same job.

Average Salary by Gender Chart in Ulan Bator

Conveyancing Secretary Average Pay Raise in Ulan Bator

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Conveyancing Secretary in Ulan Bator is around 4% every 31 months.

The national average pay raise across all professions and industries in Mongolia is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 4 ÷ 31 ) × 12  = 2%

What this means is that a Conveyancing Secretary in Ulan Bator can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Ulan Bator for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mongolia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Conveyancing Secretary Bonus and Incentive Rates in Ulan Bator

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Conveyancing Secretary is a low bonus based job, with 14% of employees reporting at least one bonus in the last 12 months.

86% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 0% to 4%.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mongolia earn approximately 18% more than private sector employees in the same role.

Salaries for Jobs Similar to a Conveyancing Secretary

In the table below, we have salary information for jobs that are similar to a Conveyancing Secretary in Ulan Bator.

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