Average Management Executive Salary in Diffah, Palestine for 2024
In this article, we will look at the average Management Executive salary for 2024 in Diffah 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 Egyptian pound. To keep things simple, we are using the EGP currency code instead of the currency symbol E£.
How Much Does a Management Executive Make in Diffah?
A Management Executive working in Diffah will typically earn around 36,580 EGP per year, and this can range from the lowest average salary of about 19,360 EGP to the highest average salary of 55,820 EGP.
These are average salaries for a Management Executive in Diffah and include benefits such as housing and transport. It's also possible for a Management Executive to earn more or less than the average salaries shown above.
Management Executive 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 Management Executive Salaries in Diffah
So we've looked at the average salaries a Management Executive will earn in Diffah. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Management Executive can earn between 19,360 EGP and 55,820 EGP on average in Diffah. 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 Management Executive in Diffah is 35,260 EGP. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 35,260 EGP, and 50% of the population earn more than 35,260 EGP.
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 Management Executive salary in Diffah, 25% of the population are earning less than 25,940 EGP while 75% of the population earn more than 25,940 EGP.
75% of the population earn less than 45,620 EGP, and 25% of the population earn more than 45,620 EGP.
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.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Management Executive Salary by Experience Level in Diffah
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 management executive 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 Management Executive in Diffah that has less than two years of experience can expect to earn somewhere in the region of 21,640 EGP.
- 2 - 5 Years Experience. With two to five years of experience the average Management Executive salary would increase to 27,620 EGP.
- 5 - 10 Years Experience. From five to ten years of experience as a Management Executive, the average salary would be 39,960 EGP.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 47,760 EGP.
- 15 - 20 Years Experience. A Management Executive with 15 to 20 years of experience can earn an average of 50,340 EGP.
- 20+ Years Experience. For a Management Executive with more than 20 years, the expected average salary increases to 54,700 EGP.
Average Salary by Experience Chart
0-2 Years |
21,640 EGP
|
|
2-5 Years | +31% |
27,620 EGP
|
5-10 Years | +40% |
39,960 EGP
|
10-15 Years | +20% |
47,760 EGP
|
15-20 Years | +9% |
50,340 EGP
|
20+ Years | +8% |
54,700 EGP
|
Management Executive Salary by Education Level in Diffah
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 Management Executive in Diffah 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 Management Executive in Diffah with a high school education can earn an average salary of 25,940 EGP.
-
Certificate or Diploma. A Management Executive in Diffah with a certificate or diploma education can earn an average salary of 27,480 EGP.
-
Bachelor's Degree. A Management Executive in Diffah with a bachelor's degree education can earn an average salary of 40,040 EGP.
-
Master's Degree. A Management Executive in Diffah with a master's degree education can earn an average salary of 51,120 EGP.
Average Salary by Education Chart
High School |
25,940 EGP
|
|
Certificate or Diploma | +15% |
27,480 EGP
|
Bachelor's Degree | +40% |
40,040 EGP
|
Master's Degree | +29% |
51,120 EGP
|
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in Palestine is around 8,540 to 25,600 EGP and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Management Executive 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 Diffah, a male management executive will earn an average of 33,980 EGP, while a female management executive will earn around 33,120 EGP.
This means that a male management executive earns approximately 3% more than a female management executive for performing the same job.
Average Salary by Gender Chart in Diffah
Male |
33,980 EGP
|
|
Female | -3% |
33,120 EGP
|
Management Executive Average Pay Raise in Diffah
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 Management Executive in Diffah is around 10% every 28 months.
The national average pay raise across all professions and industries in Palestine is around 5% every 28 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 = ( 10 ÷ 28 ) × 12 = 4%
What this means is that a Management Executive in Diffah can expect to receive an average pay raise of around 4% every 12 months.
Annual Pay Raise by Industry in Diffah for 2024
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Palestine.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
Banking |
4%
|
|
Energy |
8%
|
|
Information Technology |
3%
|
|
Healthcare |
7%
|
|
Travel |
2%
|
|
Construction |
6%
|
|
Education |
1%
|
Management Executive Bonus and Incentive Rates in Diffah
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 Management Executive is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.
34% 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 5% to 9%.
Received Bonus |
66%
|
|
No Bonus |
34%
|
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
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 Palestine earn approximately 2% more than private sector employees in the same role.
Public Sector |
20,760 EGP
|
|
Private Sector | -2% |
20,300 EGP
|
Salaries for Jobs Similar to a Management Executive
In the table below, we have salary information for jobs that are similar to a Management Executive in Diffah.
Salary Comparison by City
If you want to compare salaries with different cities in Palestine, you can use the links below to explore the data for each specific city we have researched.
Link To or Reference This Page
We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.
If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!
-
<a href="https://worldsalaries.com/average-management-executive-salary-in-diffah/palestine/">Average Management Executive Salary in Diffah, Palestine for 2024</a>
-
"Average Management Executive Salary in Diffah, Palestine for 2024". World Salaries. Accessed on June 8, 2024. https://worldsalaries.com/average-management-executive-salary-in-diffah/palestine/.
-
"Average Management Executive Salary in Diffah, Palestine for 2024". World Salaries, https://worldsalaries.com/average-management-executive-salary-in-diffah/palestine/. Accessed 8 June, 2024
-
Average Management Executive Salary in Diffah, Palestine for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-management-executive-salary-in-diffah/palestine/.