Average Asset Management Associate Salary in Lebanon for 2024

In this article, we will look at the average Asset Management Associate salary for 2024 in Lebanon 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 Lebanese pound. To keep things simple, we are using the LBP currency code instead of the currency symbol ู„.ู„.

How Much Does an Asset Management Associate Make in Lebanon?

An Asset Management Associate working in Lebanon will typically earn around 25,200,800 LBP per year, and this can range from the lowest average salary of about 12,361,500 LBP to the highest average salary of 39,358,400 LBP.

Average Annual Salary
25,200,800 LBP
Average Monthly Salary
2,100,066 LBP

Lowest Annual Salary
12,361,500 LBP
Lowest Monthly Salary
1,030,125 LBP

Highest Annual Salary
39,358,400 LBP
Highest Monthly Salary
3,279,866 LBP

These are average salaries for an Asset Management Associate in Lebanon 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 Lebanon

So we've looked at the average salaries an Asset Management Associate will earn in Lebanon. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Asset Management Associate can earn between 12,361,500 LBP and 39,358,400 LBP on average in Lebanon. 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 an Asset Management Associate in Lebanon is 25,801,200 LBP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 25,801,200 LBP, and 50% of the population earn more than 25,801,200 LBP.

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 Asset Management Associate salary in Lebanon, 25% of the population are earning less than 17,159,700 LBP while 75% of the population earn more than 17,159,700 LBP.

75% of the population earn less than 33,240,500 LBP, and 25% of the population earn more than 33,240,500 LBP.

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 Lebanon

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 Lebanon that has less than two years of experience can expect to earn somewhere in the region of 14,639,900 LBP.
  • 2 - 5 Years Experience. With two to five years of experience the average Asset Management Associate salary would increase to 18,840,100 LBP.
  • 5 - 10 Years Experience. From five to ten years of experience as an Asset Management Associate, the average salary would be 26,040,800 LBP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 32,280,500 LBP.
  • 15 - 20 Years Experience. An Asset Management Associate with 15 to 20 years of experience can earn an average of 34,561,900 LBP.
  • 20+ Years Experience. For an Asset Management Associate with more than 20 years, the expected average salary increases to 36,841,600 LBP.

Average Salary by Experience Chart

0-2 Years
14,639,900 LBP
2-5 Years +29%
18,840,100 LBP
5-10 Years +38%
26,040,800 LBP
10-15 Years +24%
32,280,500 LBP
15-20 Years +7%
34,561,900 LBP
20+ Years +7%
36,841,600 LBP

Asset Management Associate Salary by Education Level in Lebanon

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 Lebanon 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 Lebanon with a high school education can earn an average salary of 18,840,100 LBP.

  • Certificate or Diploma. An Asset Management Associate in Lebanon with a certificate or diploma education can earn an average salary of 27,001,700 LBP.

  • Bachelor's Degree. An Asset Management Associate in Lebanon with a bachelor's degree education can earn an average salary of 37,201,700 LBP.

Average Salary by Education Chart

High School
18,840,100 LBP
Certificate or Diploma +43%
27,001,700 LBP
Bachelor's Degree +38%
37,201,700 LBP

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 Lebanon is around 11,400,000 to 34,200,000 LBP 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 Lebanon, a male asset management associate will earn an average of 26,399,200 LBP, while a female asset management associate will earn around 23,399,000 LBP.

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 Lebanon

Male
26,399,200 LBP
Female -13%
23,399,000 LBP

Asset Management Associate Average Pay Raise in Lebanon

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 Lebanon is around 8% every 22 months.

The national average pay raise across all professions and industries in Lebanon is around 7% every 20 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 = ( 8 ÷ 22 ) × 12  = 4%

What this means is that an Asset Management Associate in Lebanon can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Lebanon for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Asset Management Associate Bonus and Incentive Rates in Lebanon

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 moderate bonus based job, with 52% of employees reporting at least one bonus in the last 12 months.

48% 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 6%.

Received Bonus
52%
No Bonus
48%

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 Lebanon earn approximately 12% more than private sector employees in the same role.

Public Sector
28,560,900 LBP
Private Sector -12%
25,440,400 LBP

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 Lebanon.

Job Title Category Salary
Asset Protection Associate Purchasing and Inventory 23,638,700 LBP
Asset Protection Specialist Purchasing and Inventory 25,440,400 LBP
Assistant Buyer Purchasing and Inventory 22,918,100 LBP
Buyer Purchasing and Inventory 36,240,700 LBP
Capacity Planner Purchasing and Inventory 26,639,300 LBP
Category Leader Purchasing and Inventory 24,841,800 LBP
Category Management Specialist Purchasing and Inventory 26,040,800 LBP
Category Manager Purchasing and Inventory 29,761,800 LBP
Channel Services Representative Purchasing and Inventory 27,118,300 LBP
Contracts Manager Purchasing and Inventory 31,800,300 LBP
Contracts Specialist Purchasing and Inventory 25,079,200 LBP
Demand Planner Purchasing and Inventory 27,241,100 LBP
Demand Planning Manager Purchasing and Inventory 31,919,300 LBP
Distribution Assistant Purchasing and Inventory 21,961,700 LBP
Distribution Associate Purchasing and Inventory 22,799,000 LBP
Distribution Manager Purchasing and Inventory 49,079,800 LBP
Inventory Analyst Purchasing and Inventory 25,200,800 LBP
Inventory Control Clerk Purchasing and Inventory 13,679,300 LBP
Inventory Control Manager Purchasing and Inventory 32,038,500 LBP
Inventory Management Associate Purchasing and Inventory 27,118,300 LBP
Inventory Specialist Purchasing and Inventory 24,599,500 LBP
Logistics Engineer Purchasing and Inventory 22,558,900 LBP
Master Planner Purchasing and Inventory 24,000,900 LBP
Material Handler Purchasing and Inventory 14,639,900 LBP
Material Planning Specialist Purchasing and Inventory 20,999,200 LBP
Merchandise Manager Purchasing and Inventory 28,318,900 LBP
Procurement Administrator Purchasing and Inventory 30,841,400 LBP
Procurement Agent Purchasing and Inventory 18,958,500 LBP
Procurement Analyst Purchasing and Inventory 33,001,000 LBP
Procurement Assistant Purchasing and Inventory 18,359,600 LBP
Procurement Associate Purchasing and Inventory 26,280,300 LBP
Procurement Clerk Purchasing and Inventory 12,239,700 LBP
Procurement Engineer Purchasing and Inventory 23,759,100 LBP
Procurement Manager Purchasing and Inventory 49,919,200 LBP
Procurement Officer Purchasing and Inventory 12,121,000 LBP
Procurement Process Analyst Purchasing and Inventory 30,240,200 LBP
Procurement Specialist Purchasing and Inventory 23,040,200 LBP
Production Planner Purchasing and Inventory 27,479,000 LBP
Project Buyer Purchasing and Inventory 31,678,800 LBP
Purchaser Purchasing and Inventory 37,318,700 LBP
Purchasing Agent Purchasing and Inventory 20,878,800 LBP
Purchasing Assistant Purchasing and Inventory 13,319,300 LBP
Purchasing Manager Purchasing and Inventory 48,961,500 LBP
Purchasing Officer Purchasing and Inventory 23,638,700 LBP
Purchasing Supervisor Purchasing and Inventory 32,758,100 LBP
Shipping and Receiving Clerk Purchasing and Inventory 12,721,300 LBP
Shipping Coordinator Purchasing and Inventory 23,399,000 LBP
Stock Clerk Purchasing and Inventory 12,721,300 LBP
Stock Regulator Purchasing and Inventory 14,639,900 LBP
Storage Manager Purchasing and Inventory 30,961,800 LBP
Store Keeper Purchasing and Inventory 12,958,200 LBP
Stores and Logistics Coordinator Purchasing and Inventory 26,280,300 LBP
Supply Chain Analyst Purchasing and Inventory 34,441,600 LBP
Supply Chain Coordinator Purchasing and Inventory 27,601,100 LBP
Supply Chain Development Manager Purchasing and Inventory 47,401,700 LBP
Supply Chain Director Purchasing and Inventory 54,840,400 LBP
Supply Chain Manager Purchasing and Inventory 52,800,100 LBP
Supply Planner Purchasing and Inventory 23,520,800 LBP
Warehouse Assistant Purchasing and Inventory 9,754,300 LBP
Warehouse Clerk Purchasing and Inventory 10,801,300 LBP
Warehouse Executive Purchasing and Inventory 41,399,600 LBP
Warehouse Lead Purchasing and Inventory 29,641,500 LBP
Warehouse Manager Purchasing and Inventory 45,119,800 LBP
Warehouse Supervisor Purchasing and Inventory 30,961,800 LBP
Wholesale Buyer Purchasing and Inventory 37,078,800 LBP

Salary Comparison by City

If you want to compare salaries with different cities in Lebanon, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Beirut 27,960,400 LBP

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