Average Assistant Contract Manager Salary in Armenia for 2024

In this article, we will look at the average Assistant Contract Manager salary for 2024 in Armenia 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 Armenian dram. To keep things simple, we are using the AMD currency code instead of the currency symbol ึ.

How Much Does an Assistant Contract Manager Make in Armenia?

An Assistant Contract Manager working in Armenia will typically earn around 10,750,100 AMD per year, and this can range from the lowest average salary of about 5,161,100 AMD to the highest average salary of 16,918,700 AMD.

Average Annual Salary
10,750,100 AMD
Average Monthly Salary
895,841 AMD

Lowest Annual Salary
5,161,100 AMD
Lowest Monthly Salary
430,091 AMD

Highest Annual Salary
16,918,700 AMD
Highest Monthly Salary
1,409,891 AMD

These are average salaries for an Assistant Contract Manager in Armenia and include benefits such as housing and transport. It's also possible for an Assistant Contract Manager to earn more or less than the average salaries shown above.

Assistant Contract Manager 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 Assistant Contract Manager Salaries in Armenia

So we've looked at the average salaries an Assistant Contract Manager will earn in Armenia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Assistant Contract Manager can earn between 5,161,100 AMD and 16,918,700 AMD on average in Armenia. 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 Assistant Contract Manager in Armenia is 11,184,400 AMD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 11,184,400 AMD, and 50% of the population earn more than 11,184,400 AMD.

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 Assistant Contract Manager salary in Armenia, 25% of the population are earning less than 7,356,900 AMD while 75% of the population earn more than 7,356,900 AMD.

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

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.

Assistant Contract Manager Salary by Experience Level in Armenia

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 assistant contract manager 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 Assistant Contract Manager in Armenia that has less than two years of experience can expect to earn somewhere in the region of 6,035,400 AMD.
  • 2 - 5 Years Experience. With two to five years of experience the average Assistant Contract Manager salary would increase to 8,554,100 AMD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Assistant Contract Manager, the average salary would be 11,255,300 AMD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 13,798,900 AMD.
  • 15 - 20 Years Experience. An Assistant Contract Manager with 15 to 20 years of experience can earn an average of 14,760,200 AMD.
  • 20+ Years Experience. For an Assistant Contract Manager with more than 20 years, the expected average salary increases to 16,079,800 AMD.

Average Salary by Experience Chart

0-2 Years
6,035,400 AMD
2-5 Years +42%
8,554,100 AMD
5-10 Years +31%
11,255,300 AMD
10-15 Years +23%
13,798,900 AMD
15-20 Years +6%
14,760,200 AMD
20+ Years +10%
16,079,800 AMD

Assistant Contract Manager Salary by Education Level in Armenia

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 Assistant Contract Manager in Armenia 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 Assistant Contract Manager in Armenia with a high school education can earn an average salary of 7,499,500 AMD.

  • Certificate or Diploma. An Assistant Contract Manager in Armenia with a certificate or diploma education can earn an average salary of 8,675,200 AMD.

  • Bachelor's Degree. An Assistant Contract Manager in Armenia with a bachelor's degree education can earn an average salary of 12,721,300 AMD.

  • Master's Degree. An Assistant Contract Manager in Armenia with a master's degree education can earn an average salary of 15,599,800 AMD.

Average Salary by Education Chart

High School
7,499,500 AMD
Certificate or Diploma +16%
8,675,200 AMD
Bachelor's Degree +46%
12,721,300 AMD
Master's Degree +23%
15,599,800 AMD

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 Armenia is around 3,880,000 to 11,600,000 AMD 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.

Assistant Contract Manager 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 Armenia, a male assistant contract manager will earn an average of 11,232,800 AMD, while a female assistant contract manager will earn around 10,488,300 AMD.

This means that a male assistant contract manager earns approximately 7% more than a female assistant contract manager for performing the same job.

Average Salary by Gender Chart in Armenia

Male
11,232,800 AMD
Female -7%
10,488,300 AMD

Assistant Contract Manager Average Pay Raise in Armenia

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 Assistant Contract Manager in Armenia is around 6% every 32 months.

The national average pay raise across all professions and industries in Armenia 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 = ( 6 ÷ 32 ) × 12  = 2%

What this means is that an Assistant Contract Manager in Armenia can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Armenia for 2024

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

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%

Assistant Contract Manager Bonus and Incentive Rates in Armenia

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 Assistant Contract Manager is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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
65%
No Bonus
35%

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

Public Sector
9,863,700 AMD
Private Sector -18%
8,377,500 AMD

Salaries for Jobs Similar to an Assistant Contract Manager

In the table below, we have salary information for jobs that are similar to an Assistant Contract Manager in Armenia.

Job Title Category Salary
Air Conditioning Technician Facilities / Maintenance / Repair 2,759,700 AMD
Assembly Supervisor Facilities / Maintenance / Repair 4,570,300 AMD
Building and Grounds Supervisor Facilities / Maintenance / Repair 6,850,500 AMD
Building Control Officer Facilities / Maintenance / Repair 6,024,400 AMD
Building Engineer Facilities / Maintenance / Repair 8,496,400 AMD
Building Services Engineer Facilities / Maintenance / Repair 8,614,300 AMD
Building Surveyor Facilities / Maintenance / Repair 5,857,100 AMD
Calibration Technician Facilities / Maintenance / Repair 3,205,100 AMD
Carpenter Facilities / Maintenance / Repair 3,769,500 AMD
Cemetery Manager Facilities / Maintenance / Repair 3,577,600 AMD
Chief Building Official Facilities / Maintenance / Repair 13,079,500 AMD
Clinical Facilities Planning Manager Facilities / Maintenance / Repair 13,199,100 AMD
Construction Laborer Facilities / Maintenance / Repair 2,519,500 AMD
Contracts Administrator Facilities / Maintenance / Repair 7,057,300 AMD
Contracts Manager Facilities / Maintenance / Repair 11,207,800 AMD
Facilities Coordinator Facilities / Maintenance / Repair 6,058,300 AMD
Facilities Director Facilities / Maintenance / Repair 14,038,300 AMD
Facilities Engineer Facilities / Maintenance / Repair 8,496,400 AMD
Facilities Maintenance Manager Facilities / Maintenance / Repair 12,361,500 AMD
Facilities Maintenance Supervisor Facilities / Maintenance / Repair 8,845,500 AMD
Facilities Manager Facilities / Maintenance / Repair 12,481,200 AMD
Field Service Manager Facilities / Maintenance / Repair 12,121,000 AMD
Field Service Technician Facilities / Maintenance / Repair 2,495,600 AMD
Fire Alarm System Installer Facilities / Maintenance / Repair 4,369,800 AMD
Glazier Facilities / Maintenance / Repair 2,698,900 AMD
HVAC Mechanic Facilities / Maintenance / Repair 2,854,700 AMD
HVAC Technician Facilities / Maintenance / Repair 2,724,700 AMD
Laborer Facilities / Maintenance / Repair 2,653,700 AMD
Maintenance Fitter Facilities / Maintenance / Repair 2,629,100 AMD
Maintenance Mechanic Facilities / Maintenance / Repair 2,711,900 AMD
Maintenance Officer Facilities / Maintenance / Repair 2,794,600 AMD
Maintenance Planner Facilities / Maintenance / Repair 4,162,800 AMD
Maintenance Supervisor Facilities / Maintenance / Repair 4,908,200 AMD
Maintenance Worker Facilities / Maintenance / Repair 2,676,200 AMD
Mechanic Facilities / Maintenance / Repair 2,844,200 AMD
Plant Engineer Facilities / Maintenance / Repair 7,763,600 AMD
Property Administration Officer Facilities / Maintenance / Repair 5,197,600 AMD
Service Engineer Facilities / Maintenance / Repair 8,123,400 AMD
Service Operations Manager Facilities / Maintenance / Repair 13,319,300 AMD
Technician Facilities / Maintenance / Repair 2,593,900 AMD
Tool Technician Facilities / Maintenance / Repair 2,617,900 AMD

Salary Comparison by City

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

City Average Salary
Yerevan 12,361,500 AMD

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