Average Asset Management Associate Salary in Afghanistan for 2022
In this article, we will look at the average Asset Management Associate salary for 2022 in Afghanistan 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 Afghan afghani. To keep things simple, we are using the AFN currency code instead of the currency symbol ؋.
How Much Does an Asset Management Associate Make in Afghanistan?
An Asset Management Associate working in Afghanistan will typically earn around 895,900 AFN per year, and this can range from the lowest average salary of about 464,900 AFN to the highest average salary of 1,369,700 AFN.
These are average salaries for an Asset Management Associate in Afghanistan and include benefits such as housing and transport. It's also possible for an Asset Management Associate to earn more or less than the average salaries shown above.
Asset Management Associate 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 Asset Management Associate Salaries in Afghanistan
So we've looked at the average salaries an Asset Management Associate will earn in Afghanistan. The next interesting data point is the distribution of salaries.
We already know that an Asset Management Associate can earn between 464,900 AFN and 1,369,700 AFN on average in Afghanistan. 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.
The median salary for an Asset Management Associate in Afghanistan is 860,300 AFN. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 860,300 AFN, and 50% of the population earn more than 860,300 AFN.
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 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 Asset Management Associate salary in Afghanistan, 25% of the population are earning less than 596,100 AFN while 75% of the population earn more than 596,100 AFN.
75% of the population earn less than 1,067,500 AFN, and 25% of the population earn more than 1,067,500 AFN.
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.
Asset Management Associate Salary by Experience Level in Afghanistan
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 asset management associate 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. An Asset Management Associate in Afghanistan that has less than two years of experience can expect to earn somewhere in the region of 528,500 AFN.
- 2 - 5 Years Experience. With two to five years of experience the average Asset Management Associate salary would increase to 709,600 AFN.
- 5 - 10 Years Experience. From five to ten years of experience as an Asset Management Associate, the average salary would be 922,900 AFN.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,114,700 AFN.
- 15 - 20 Years Experience. An Asset Management Associate with 15 to 20 years of experience can earn an average of 1,224,800 AFN.
- 20+ Years Experience. For an Asset Management Associate with more than 20 years, the expected average salary increases to 1,283,600 AFN.
Average Salary by Experience Chart
Asset Management Associate Salary by Education Level in Afghanistan
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 an Asset Management Associate in Afghanistan based on the education level of the employees in order to find out whether a better education level would increase your salary.
High School. An Asset Management Associate in Afghanistan with a high school education can earn an average salary of 628,000 AFN.
Certificate or Diploma. An Asset Management Associate in Afghanistan with a certificate or diploma education can earn an average salary of 899,200 AFN.
Bachelor's Degree. An Asset Management Associate in Afghanistan with a bachelor's degree education can earn an average salary of 1,235,600 AFN.
Average Salary by Education Chart
|Certificate or Diploma||+43%||
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 Afghanistan is around 389,000 to 1,170,000 AFN 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.
Asset Management Associate 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 Afghanistan, a male asset management associate will earn an average of 965,800 AFN, while a female asset management associate will earn around 851,200 AFN.
This means that a male asset management associate earns approximately 13% more than a female asset management associate for performing the same job.
Average Salary by Gender Chart in Afghanistan
Asset Management Associate Average Pay Raise in Afghanistan
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 an Asset Management Associate in Afghanistan is around 5% every 31 months.
The national average pay raise across all professions and industries in Afghanistan 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 = ( 5 ÷ 31 ) × 12 = 2%
What this means is that an Asset Management Associate in Afghanistan can expect to receive an average pay raise of around 2% every 12 months.
Annual Pay Raise by Industry in Afghanistan for 2022
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Afghanistan.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
Asset Management Associate Bonus and Incentive Rates in Afghanistan
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.
An Asset Management Associate is a low bonus based job, with 35% of employees reporting at least one bonus in the last 12 months.
65% 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 3% to 5%.
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 Afghanistan earn approximately 11% more than private sector employees in the same role.
Salaries for Jobs Similar to an Asset Management Associate
In the table below, we have salary information for jobs that are similar to an Asset Management Associate in Afghanistan.
|Asset Protection Associate||Purchasing and Inventory||823,900 AFN|
|Asset Protection Specialist||Purchasing and Inventory||868,400 AFN|
|Assistant Buyer||Purchasing and Inventory||810,400 AFN|
|Buyer||Purchasing and Inventory||1,296,900 AFN|
|Capacity Planner||Purchasing and Inventory||932,000 AFN|
|Category Leader||Purchasing and Inventory||878,900 AFN|
|Category Management Specialist||Purchasing and Inventory||903,500 AFN|
|Category Manager||Purchasing and Inventory||1,007,400 AFN|
|Channel Services Representative||Purchasing and Inventory||918,600 AFN|
|Contracts Manager||Purchasing and Inventory||1,058,800 AFN|
|Contracts Specialist||Purchasing and Inventory||862,200 AFN|
|Demand Planner||Purchasing and Inventory||913,400 AFN|
|Demand Planning Manager||Purchasing and Inventory||1,168,700 AFN|
|Distribution Assistant||Purchasing and Inventory||800,500 AFN|
|Distribution Associate||Purchasing and Inventory||812,900 AFN|
|Distribution Manager||Purchasing and Inventory||1,655,500 AFN|
|Inventory Analyst||Purchasing and Inventory||864,900 AFN|
|Inventory Control Clerk||Purchasing and Inventory||454,300 AFN|
|Inventory Control Manager||Purchasing and Inventory||1,153,300 AFN|
|Inventory Management Associate||Purchasing and Inventory||915,100 AFN|
|Inventory Specialist||Purchasing and Inventory||818,100 AFN|
|Logistics Engineer||Purchasing and Inventory||829,000 AFN|
|Master Planner||Purchasing and Inventory||855,200 AFN|
|Material Handler||Purchasing and Inventory||543,200 AFN|
|Material Planning Specialist||Purchasing and Inventory||768,900 AFN|
|Merchandise Manager||Purchasing and Inventory||979,600 AFN|
|Procurement Administrator||Purchasing and Inventory||1,038,700 AFN|
|Procurement Agent||Purchasing and Inventory||642,800 AFN|
|Procurement Analyst||Purchasing and Inventory||1,109,200 AFN|
|Procurement Assistant||Purchasing and Inventory||679,200 AFN|
|Procurement Associate||Purchasing and Inventory||874,500 AFN|
|Procurement Clerk||Purchasing and Inventory||425,100 AFN|
|Procurement Engineer||Purchasing and Inventory||861,300 AFN|
|Procurement Manager||Purchasing and Inventory||1,777,700 AFN|
|Procurement Officer||Purchasing and Inventory||420,100 AFN|
|Procurement Process Analyst||Purchasing and Inventory||1,037,000 AFN|
|Procurement Specialist||Purchasing and Inventory||819,000 AFN|
|Production Planner||Purchasing and Inventory||978,900 AFN|
|Project Buyer||Purchasing and Inventory||1,112,300 AFN|
|Purchaser||Purchasing and Inventory||1,283,600 AFN|
|Purchasing Agent||Purchasing and Inventory||748,600 AFN|
|Purchasing Assistant||Purchasing and Inventory||464,400 AFN|
|Purchasing Manager||Purchasing and Inventory||1,728,900 AFN|
|Purchasing Officer||Purchasing and Inventory||791,600 AFN|
|Purchasing Supervisor||Purchasing and Inventory||1,172,800 AFN|
|Shipping and Receiving Clerk||Purchasing and Inventory||430,500 AFN|
|Shipping Coordinator||Purchasing and Inventory||810,200 AFN|
|Stock Clerk||Purchasing and Inventory||442,300 AFN|
|Stock Regulator||Purchasing and Inventory||520,900 AFN|
|Storage Manager||Purchasing and Inventory||1,134,100 AFN|
|Store Keeper||Purchasing and Inventory||433,400 AFN|
|Stores and Logistics Coordinator||Purchasing and Inventory||926,000 AFN|
|Supply Chain Analyst||Purchasing and Inventory||1,187,900 AFN|
|Supply Chain Coordinator||Purchasing and Inventory||927,000 AFN|
|Supply Chain Development Manager||Purchasing and Inventory||1,537,500 AFN|
|Supply Chain Director||Purchasing and Inventory||1,741,800 AFN|
|Supply Chain Manager||Purchasing and Inventory||1,741,800 AFN|
|Supply Planner||Purchasing and Inventory||818,100 AFN|
|Warehouse Assistant||Purchasing and Inventory||340,400 AFN|
|Warehouse Clerk||Purchasing and Inventory||361,500 AFN|
|Warehouse Executive||Purchasing and Inventory||1,428,800 AFN|
|Warehouse Lead||Purchasing and Inventory||995,200 AFN|
|Warehouse Manager||Purchasing and Inventory||1,560,800 AFN|
|Warehouse Supervisor||Purchasing and Inventory||1,088,600 AFN|
|Wholesale Buyer||Purchasing and Inventory||1,283,600 AFN|
Salary Comparison by City
If you want to compare salaries with different cities in Afghanistan, you can use the links below to explore the data for each specific city we have researched.
|Mazari Sharif||870,700 AFN|
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"Average Asset Management Associate Salary in Afghanistan for 2022". World Salaries. Accessed on August 15, 2022. https://worldsalaries.com/average-asset-management-associate-salary-in-afghanistan/.
"Average Asset Management Associate Salary in Afghanistan for 2022". World Salaries, https://worldsalaries.com/average-asset-management-associate-salary-in-afghanistan/. Accessed 15 August, 2022
Average Asset Management Associate Salary in Afghanistan for 2022. World Salaries. Retrieved from https://worldsalaries.com/average-asset-management-associate-salary-in-afghanistan/.