Average Brokerage Salary in Tehran, Iran for 2024

In this article, we will look at the average Brokerage salary for 2024 in Tehran 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 Iranian rial. To keep things simple, we are using the IRR currency code instead of the currency symbol ﷼.

How Much Does a Brokerage Make in Tehran?

A Brokerage working in Tehran will typically earn around 514,801,600 IRR per year, and this can range from the lowest average salary of about 273,600,800 IRR to the highest average salary of 783,599,400 IRR.

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

Brokerage 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 Salaries in Tehran

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

Salary ranges

We already know that a Brokerage can earn between 273,600,800 IRR and 783,599,400 IRR on average in Tehran. 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 in Tehran is 484,801,100 IRR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 484,801,100 IRR, and 50% of the population earn more than 484,801,100 IRR.

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 salary in Tehran, 25% of the population are earning less than 340,800,200 IRR while 75% of the population earn more than 340,800,200 IRR.

75% of the population earn less than 596,401,800 IRR, and 25% of the population earn more than 596,401,800 IRR.

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.

Brokerage Salary by Experience Level in Tehran

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 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 in Tehran that has less than two years of experience can expect to earn somewhere in the region of 314,399,500 IRR.
• 2 - 5 Years Experience. With two to five years of experience the average Brokerage salary would increase to 385,198,500 IRR.
• 5 - 10 Years Experience. From five to ten years of experience as a Brokerage, the average salary would be 545,998,900 IRR.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 638,398,100 IRR.
• 15 - 20 Years Experience. A Brokerage with 15 to 20 years of experience can earn an average of 701,999,100 IRR.
• 20+ Years Experience. For a Brokerage with more than 20 years, the expected average salary increases to 742,798,500 IRR.

Average Salary by Experience Chart

Brokerage Salary by Education Level in Tehran

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 in Tehran 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 in Tehran with a high school education can earn an average salary of 385,198,500 IRR.

• Certificate or Diploma. A Brokerage in Tehran with a certificate or diploma education can earn an average salary of 538,798,500 IRR.

• Bachelor's Degree. A Brokerage in Tehran with a bachelor's degree education can earn an average salary of 763,201,700 IRR.

Average Salary by Education Chart

Brokerage 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 Tehran, a male brokerage will earn an average of 508,798,900 IRR, while a female brokerage will earn around 458,401,900 IRR.

This means that a male brokerage earns approximately 11% more than a female brokerage for performing the same job.

Average Salary by Gender Chart in Tehran

Brokerage Average Pay Raise in Tehran

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 in Tehran is around 11% every 19 months.

The national average pay raise across all professions and industries in Iran is around 8% every 19 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 = ( 11 ÷ 19 ) × 12  = 7%

What this means is that a Brokerage in Tehran can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Tehran for 2024

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

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

Brokerage Bonus and Incentive Rates in Tehran

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 is a low bonus based job, with 24% of employees reporting at least one bonus in the last 12 months.

76% 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%.

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 Iran earn approximately 10% more than private sector employees in the same role.

Salaries for Jobs Similar to a Brokerage

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

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