Average CEO Salary in Turkmenistan for 2026
In this article, we will look at the average CEO salary for 2026 in Turkmenistan 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 Turkmenistan manat. To keep things simple, we are using the TMT currency code instead of the currency symbol m.
How Much Does a CEO Make in Turkmenistan?
A CEO working in Turkmenistan will typically earn around 151,800 TMT per year, and this can range from the lowest average salary of about 75,040 TMT to the highest average salary of 233,600 TMT.
These are average salaries for a CEO in Turkmenistan and include benefits such as housing and transport. It's also possible for a CEO to earn more or less than the average salaries shown above.
CEO 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 CEO Salaries in Turkmenistan
So we've looked at the average salaries a CEO will earn in Turkmenistan. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a CEO can earn between 75,040 TMT and 233,600 TMT on average in Turkmenistan. 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 CEO in Turkmenistan is 152,000 TMT. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 152,000 TMT, and 50% of the population earn more than 152,000 TMT.
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 CEO salary in Turkmenistan, 25% of the population are earning less than 102,460 TMT while 75% of the population earn more than 102,460 TMT.
75% of the population earn less than 195,200 TMT, and 25% of the population earn more than 195,200 TMT.
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.
CEO Salary by Experience Level in Turkmenistan
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 CEO 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 CEO in Turkmenistan that has less than two years of experience can expect to earn somewhere in the region of 85,700 TMT.
- 2 - 5 Years Experience. With two to five years of experience the average CEO salary would increase to 110,340 TMT.
- 5 - 10 Years Experience. From five to ten years of experience as a CEO, the average salary would be 154,700 TMT.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 192,000 TMT.
- 15 - 20 Years Experience. A CEO with 15 to 20 years of experience can earn an average of 204,000 TMT.
- 20+ Years Experience. For a CEO with more than 20 years, the expected average salary increases to 217,900 TMT.
Average Salary by Experience Chart
| 0-2 Years | - | 85,700 TMT |
| 2-5 Years | +29% | 110,340 TMT |
| 5-10 Years | +38% | 154,700 TMT |
| 10-15 Years | +24% | 192,000 TMT |
| 15-20 Years | +7% | 204,000 TMT |
| 20+ Years | +7% | 217,900 TMT |
CEO Salary by Education Level in Turkmenistan
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 CEO in Turkmenistan 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 CEO in Turkmenistan with a high school education can earn an average salary of 83,100 TMT.
- Certificate or Diploma. A CEO in Turkmenistan with a certificate or diploma education can earn an average salary of 100,280 TMT.
- Bachelor's Degree. A CEO in Turkmenistan with a bachelor's degree education can earn an average salary of 129,000 TMT.
- Master's Degree. A CEO in Turkmenistan with a master's degree education can earn an average salary of 196,800 TMT.
- PhD. A CEO in Turkmenistan with a phd education can earn an average salary of 232,900 TMT.
Average Salary by Education Chart
| High School | - | 83,100 TMT |
| Certificate or Diploma | +19% | 100,280 TMT |
| Bachelor's Degree | +27% | 129,000 TMT |
| Master's Degree | +53% | 196,800 TMT |
| PhD | +19% | 232,900 TMT |
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 Turkmenistan is around 26,100 to 78,400 TMT 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.
CEO 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 Turkmenistan, a male ceo will earn an average of 154,700 TMT, while a female ceo will earn around 142,300 TMT.
This means that a male ceo earns approximately 9% more than a female ceo for performing the same job.
Average Salary by Gender Chart in Turkmenistan
| Male | - | 154,700 TMT |
| Female | -9% | 142,300 TMT |
CEO Average Pay Raise in Turkmenistan
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 CEO in Turkmenistan is around 11% every 28 months.
The national average pay raise across all professions and industries in Turkmenistan is around 5% every 28 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 ÷ 28 ) × 12 = 5%
What this means is that a CEO in Turkmenistan can expect to receive an average pay raise of around 5% every 12 months.
Annual Pay Raise by Industry in Turkmenistan for 2026
In the chart below, you can see the average annual pay raise percentages for each of the major industries in Turkmenistan.
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% |
CEO Bonus and Incentive Rates in Turkmenistan
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 CEO is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.
34% 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 | - | 66% |
| No Bonus | - | 34% |
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 Turkmenistan earn approximately 16% more than private sector employees in the same role.
| Public Sector | - | 66,480 TMT |
| Private Sector | -16% | 57,320 TMT |
Salaries for Jobs Similar to a CEO
In the table below, we have salary information for jobs that are similar to a CEO in Turkmenistan.
| Job Title | Category | Salary |
|---|---|---|
| Account Coordinator | Executive and Management | 60,180 TMT |
| Account Director | Executive and Management | 75,280 TMT |
| Account Executive | Executive and Management | 77,060 TMT |
| Account Manager | Executive and Management | 69,780 TMT |
| Administration Manager | Executive and Management | 69,580 TMT |
| Administration Officer | Executive and Management | 39,160 TMT |
| Administration Supervisor | Executive and Management | 61,400 TMT |
| Administrative Clerk | Executive and Management | 27,620 TMT |
| Administrative Officer | Executive and Management | 30,800 TMT |
| Area Director | Executive and Management | 68,320 TMT |
| Area Manager | Executive and Management | 66,480 TMT |
| Asset Protection Associate | Executive and Management | 78,120 TMT |
| Assistant Director | Executive and Management | 72,180 TMT |
| Assistant General Manager | Executive and Management | 78,160 TMT |
| Assistant Manager | Executive and Management | 78,940 TMT |
| Assistant Managing Director | Executive and Management | 85,760 TMT |
| Assistant Operations Manager | Executive and Management | 80,640 TMT |
| Assistant Project Manager | Executive and Management | 71,400 TMT |
| Assistant Section Head | Executive and Management | 61,680 TMT |
| Assistant Vice President | Executive and Management | 85,080 TMT |
| Assistant to CEO | Executive and Management | 69,540 TMT |
| Associate Account Director | Executive and Management | 70,840 TMT |
| Associate Director | Executive and Management | 79,600 TMT |
| Bid Manager | Executive and Management | 87,880 TMT |
| Branch Manager | Executive and Management | 85,880 TMT |
| Business Development Manager | Executive and Management | 91,840 TMT |
| Business Operations Associate | Executive and Management | 70,840 TMT |
| Business Operations Lead | Executive and Management | 74,300 TMT |
| COO | Executive and Management | 102,620 TMT |
| Campaign Manager | Executive and Management | 77,860 TMT |
| Catering Coordinator | Executive and Management | 45,720 TMT |
| Catering Manager | Executive and Management | 77,380 TMT |
| Chairman Office Manager | Executive and Management | 96,720 TMT |
| Chairman of The Board | Executive and Management | 143,200 TMT |
| Chief Commercial Officer | Executive and Management | 104,600 TMT |
| Chief Corporate Officer | Executive and Management | 119,700 TMT |
| Chief Executive Officer | Executive and Management | 152,100 TMT |
| Chief Financial Officer | Executive and Management | 128,500 TMT |
| Chief Investment Officer | Executive and Management | 101,860 TMT |
| Chief Operating Officer | Executive and Management | 102,960 TMT |
| Chief Risk Officer | Executive and Management | 96,180 TMT |
| Chief of Staff | Executive and Management | 65,940 TMT |
| Client Account Manager | Executive and Management | 89,120 TMT |
| Client Accounts Officer | Executive and Management | 74,560 TMT |
| Client Services Manager | Executive and Management | 93,220 TMT |
| Commercial Director | Executive and Management | 101,920 TMT |
| Commercial Manager | Executive and Management | 83,060 TMT |
| Commercial Project Manager | Executive and Management | 74,380 TMT |
| Commodity Broker | Executive and Management | 60,880 TMT |
| Corporate Affairs Executive | Executive and Management | 87,060 TMT |
| Corporate Compliance Director | Executive and Management | 93,280 TMT |
| Corporate Director | Executive and Management | 98,120 TMT |
| Corporate Officer | Executive and Management | 68,360 TMT |
| Corporate Partnerships Officer | Executive and Management | 64,620 TMT |
| Country Manager | Executive and Management | 115,560 TMT |
| Department Head | Executive and Management | 89,800 TMT |
| Department Manager | Executive and Management | 89,120 TMT |
| Department Supervisor | Executive and Management | 79,240 TMT |
| Deputy Director | Executive and Management | 106,740 TMT |
| Deputy Manager | Executive and Management | 101,860 TMT |
| Director | Executive and Management | 112,560 TMT |
| Director of Accreditation | Executive and Management | 92,400 TMT |
| Director of Catering Services | Executive and Management | 85,080 TMT |
| Director of Client Services | Executive and Management | 96,160 TMT |
| Director of Facilities Management | Executive and Management | 77,100 TMT |
| Director of Operations | Executive and Management | 92,400 TMT |
| Director of Process Simplification | Executive and Management | 71,280 TMT |
| Director of Product Management | Executive and Management | 93,780 TMT |
| Director of Project Management | Executive and Management | 99,560 TMT |
| Director of Revenue Management | Executive and Management | 93,120 TMT |
| Director of Training and Development | Executive and Management | 97,640 TMT |
| Distribution Manager | Executive and Management | 96,980 TMT |
| Division Manager | Executive and Management | 80,020 TMT |
| Duty Manager | Executive and Management | 77,860 TMT |
| Engagement Manager | Executive and Management | 96,600 TMT |
| Executive Director | Executive and Management | 138,800 TMT |
| Executive Manager | Executive and Management | 123,400 TMT |
| Franchise Manager | Executive and Management | 119,700 TMT |
| General Manager | Executive and Management | 112,600 TMT |
| Global Master Data Manager | Executive and Management | 104,440 TMT |
| Global Technical Lead | Executive and Management | 67,900 TMT |
| HSE Manager | Executive and Management | 80,840 TMT |
| Head of Investment | Executive and Management | 90,620 TMT |
| Head of Middle Office | Executive and Management | 88,620 TMT |
| Head of Projects | Executive and Management | 93,220 TMT |
| Head of Strategy | Executive and Management | 111,860 TMT |
| Head of Supply Chain | Executive and Management | 92,880 TMT |
| Head of Sustainability | Executive and Management | 78,160 TMT |
| Housing Manager | Executive and Management | 80,180 TMT |
| Key Account Manager | Executive and Management | 81,180 TMT |
| Knowledge Manager | Executive and Management | 89,120 TMT |
| Location Manager | Executive and Management | 91,520 TMT |
| Logistics Executive | Executive and Management | 76,540 TMT |
| Logistics Manager | Executive and Management | 70,600 TMT |
| MIS Executive | Executive and Management | 91,520 TMT |
| Management Consultant | Executive and Management | 77,100 TMT |
| Management Executive | Executive and Management | 101,920 TMT |
| Manager | Executive and Management | 98,960 TMT |
| Managing Director | Executive and Management | 109,460 TMT |
| Ocean Services Manager | Executive and Management | 102,460 TMT |
| Operational Manager | Executive and Management | 98,000 TMT |
| Operations Analyst | Executive and Management | 84,800 TMT |
| Operations Assistant | Executive and Management | 67,020 TMT |
| Operations Director | Executive and Management | 108,340 TMT |
| Operations Executive | Executive and Management | 102,380 TMT |
| Operations Manager | Executive and Management | 103,440 TMT |
| Operations Supervisor | Executive and Management | 86,800 TMT |
| PMO Manager | Executive and Management | 87,880 TMT |
| Planning Director | Executive and Management | 97,460 TMT |
| Policy Administration Executive | Executive and Management | 84,780 TMT |
| Private Sector Executive | Executive and Management | 84,780 TMT |
| Product Development Manager | Executive and Management | 92,680 TMT |
| Product Executive | Executive and Management | 86,460 TMT |
| Production Executive | Executive and Management | 98,140 TMT |
| Production Manager | Executive and Management | 95,600 TMT |
| Production Supervisor | Executive and Management | 79,600 TMT |
| Program Director | Executive and Management | 102,160 TMT |
| Program Manager | Executive and Management | 102,960 TMT |
| Programme Coordinator | Executive and Management | 66,440 TMT |
| Project Control Manager | Executive and Management | 103,440 TMT |
| Project Coordinator | Executive and Management | 60,480 TMT |
| Project Management Officer | Executive and Management | 66,820 TMT |
| Project Manager | Executive and Management | 74,060 TMT |
| Project Portfolio Manager | Executive and Management | 75,500 TMT |
| Quality Manager | Executive and Management | 79,500 TMT |
| R/D Director | Executive and Management | 82,720 TMT |
| Regional Director | Executive and Management | 125,700 TMT |
| Regional Manager | Executive and Management | 99,340 TMT |
| Relationship Manager | Executive and Management | 92,680 TMT |
| Retail District Manager | Executive and Management | 67,120 TMT |
| Revenue Manager | Executive and Management | 74,620 TMT |
| Risk Officer | Executive and Management | 72,380 TMT |
| Risk and Capital Manager | Executive and Management | 106,160 TMT |
| Safety Manager | Executive and Management | 72,540 TMT |
| Section Head | Executive and Management | 73,120 TMT |
| Service Manager | Executive and Management | 78,420 TMT |
| Shift Supervisor | Executive and Management | 60,400 TMT |
| Solutions Manager | Executive and Management | 66,580 TMT |
| Supervisor | Executive and Management | 61,460 TMT |
| Supply Chain Manager | Executive and Management | 105,980 TMT |
| Surveyor | Executive and Management | 64,200 TMT |
| Technical Director | Executive and Management | 92,900 TMT |
| Technical Manager | Executive and Management | 91,380 TMT |
| Territory Manager | Executive and Management | 96,160 TMT |
| Validation Manager | Executive and Management | 84,180 TMT |
| Vice President | Executive and Management | 119,860 TMT |
| Zone Manager | Executive and Management | 94,400 TMT |
Salary Comparison by City
If you want to compare salaries with different cities in Turkmenistan, you can use the links below to explore the data for each specific city we have researched.
| City | Average Salary |
|---|---|
| Asgabat | 161,300 TMT |
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