Average Brokerage Clerk Salary in Azerbaijan for 2024

In this article, we will look at the average Brokerage Clerk salary for 2024 in Azerbaijan 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 Azerbaijani manat. To keep things simple, we are using the AZN currency code instead of the currency symbol โ‚ผ.

How Much Does a Brokerage Clerk Make in Azerbaijan?

A Brokerage Clerk working in Azerbaijan will typically earn around 17,620 AZN per year, and this can range from the lowest average salary of about 9,020 AZN to the highest average salary of 23,360 AZN.

Average Annual Salary
17,620 AZN
Average Monthly Salary
1,468 AZN

Lowest Annual Salary
9,020 AZN
Lowest Monthly Salary
751 AZN

Highest Annual Salary
23,360 AZN
Highest Monthly Salary
1,946 AZN

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

Brokerage Clerk 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 Brokerage Clerk Salaries in Azerbaijan

So we've looked at the average salaries a Brokerage Clerk will earn in Azerbaijan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Brokerage Clerk can earn between 9,020 AZN and 23,360 AZN on average in Azerbaijan. 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 Brokerage Clerk in Azerbaijan is 17,100 AZN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 17,100 AZN, and 50% of the population earn more than 17,100 AZN.

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 Brokerage Clerk salary in Azerbaijan, 25% of the population are earning less than 10,220 AZN while 75% of the population earn more than 10,220 AZN.

75% of the population earn less than 18,940 AZN, and 25% of the population earn more than 18,940 AZN.

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.

Brokerage Clerk Salary by Experience Level in Azerbaijan

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 brokerage clerk 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 Brokerage Clerk in Azerbaijan that has less than two years of experience can expect to earn somewhere in the region of 8,100 AZN.
  • 2 - 5 Years Experience. With two to five years of experience the average Brokerage Clerk salary would increase to 11,360 AZN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Brokerage Clerk, the average salary would be 15,300 AZN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 19,380 AZN.
  • 15 - 20 Years Experience. A Brokerage Clerk with 15 to 20 years of experience can earn an average of 23,400 AZN.
  • 20+ Years Experience. For a Brokerage Clerk with more than 20 years, the expected average salary increases to 23,500 AZN.

Average Salary by Experience Chart

0-2 Years
8,100 AZN
2-5 Years +34%
11,360 AZN
5-10 Years +30%
15,300 AZN
10-15 Years +21%
19,380 AZN
15-20 Years +9%
23,400 AZN
20+ Years +5%
23,500 AZN

Brokerage Clerk Salary by Education Level in Azerbaijan

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 Brokerage Clerk in Azerbaijan 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 Brokerage Clerk in Azerbaijan with a high school education can earn an average salary of 10,000 AZN.

  • Certificate or Diploma. A Brokerage Clerk in Azerbaijan with a certificate or diploma education can earn an average salary of 17,540 AZN.

  • Bachelor's Degree. A Brokerage Clerk in Azerbaijan with a bachelor's degree education can earn an average salary of 21,980 AZN.

Average Salary by Education Chart

High School
10,000 AZN
Certificate or Diploma +43%
17,540 AZN
Bachelor's Degree +38%
21,980 AZN

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 Azerbaijan is around 14,700 to 44,200 AZN 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.

Brokerage Clerk 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 Azerbaijan, a male brokerage clerk will earn an average of 15,700 AZN, while a female brokerage clerk will earn around 17,100 AZN.

This means that a male brokerage clerk earns approximately 8% less than a female brokerage clerk for performing the same job.

Average Salary by Gender Chart in Azerbaijan

Male
15,700 AZN
Female +8%
17,100 AZN

Brokerage Clerk Average Pay Raise in Azerbaijan

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 Brokerage Clerk in Azerbaijan is around 9% every 20 months.

The national average pay raise across all professions and industries in Azerbaijan 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 = ( 9 ÷ 20 ) × 12  = 5%

What this means is that a Brokerage Clerk in Azerbaijan can expect to receive an average pay raise of around 5% every 12 months.

Annual Pay Raise by Industry in Azerbaijan for 2024

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

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

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Brokerage Clerk Bonus and Incentive Rates in Azerbaijan

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 Brokerage Clerk is a low bonus based job, with 23% of employees reporting at least one bonus in the last 12 months.

77% 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 1% to 3%.

Received Bonus
23%
No Bonus
77%

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 Azerbaijan earn approximately 3% more than private sector employees in the same role.

Public Sector
36,020 AZN
Private Sector -3%
34,980 AZN

Salaries for Jobs Similar to a Brokerage Clerk

In the table below, we have salary information for jobs that are similar to a Brokerage Clerk in Azerbaijan.

Job Title Category Salary
Acquisition Associate Real Estate 27,560 AZN
Assistant Leasing Manager Real Estate 35,420 AZN
Assistant Property Manager Real Estate 40,140 AZN
Brokerage Real Estate 28,680 AZN
Commercial Leasing Manager Real Estate 61,620 AZN
Commercial Real Estate Manager Real Estate 66,680 AZN
Community Development Manager Real Estate 59,940 AZN
Compliance Specialist Real Estate 26,400 AZN
Development Coordinator Real Estate 27,480 AZN
Director of Real Estate Real Estate 72,780 AZN
Lease Administrator Real Estate 38,620 AZN
Leasing Agent Real Estate 31,380 AZN
Leasing Consultant Real Estate 37,740 AZN
Leasing Manager Real Estate 43,220 AZN
Lettings Assistant Real Estate 14,820 AZN
Portfolio Analyst Real Estate 50,660 AZN
Portfolio Manager Real Estate 72,780 AZN
Property Acquisition Agent Real Estate 26,500 AZN
Property and Claims Specialist Real Estate 37,740 AZN
Property Manager Real Estate 46,400 AZN
Property Operations Manager Real Estate 65,080 AZN
Property Tax Assistant Real Estate 31,380 AZN
Real Estate Administrator Real Estate 34,360 AZN
Real Estate Agent Real Estate 34,080 AZN
Real Estate Analyst Real Estate 37,800 AZN
Real Estate Appraiser Real Estate 31,980 AZN
Real Estate Appraiser Real Estate 33,440 AZN
Real Estate Appraiser Real Estate 34,240 AZN
Real Estate Assistant Real Estate 26,860 AZN
Real Estate Association Manager Real Estate 40,640 AZN
Real Estate Broker Real Estate 29,160 AZN
Real Estate General Manager Real Estate 60,340 AZN
Real Estate Project Director Real Estate 58,000 AZN
Real Estate Project Manager Real Estate 52,300 AZN
Real Estate Sales Agent Real Estate 32,960 AZN
Real Estate Valuer Real Estate 32,620 AZN
Research Analyst Real Estate 26,400 AZN
Residential Advisor Real Estate 36,020 AZN
Residential Property Manager Real Estate 43,480 AZN
Shopping Center Manager Real Estate 68,900 AZN
Town Planner Real Estate 64,640 AZN

Salary Comparison by City

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

City Average Salary
Baku 17,860 AZN
Ganja 17,100 AZN
Sumqayit 14,200 AZN

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