Average Cost Controller Salary in Turkey for 2024

In this article, we will look at the average Cost Controller salary for 2024 in Turkey 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 Turkish lira. To keep things simple, we are using the TRY currency code instead of the currency symbol โ‚บ.

How Much Does a Cost Controller Make in Turkey?

A Cost Controller working in Turkey will typically earn around 91,380 TRY per year, and this can range from the lowest average salary of about 44,140 TRY to the highest average salary of 142,300 TRY.

Average Annual Salary
91,380 TRY
Average Monthly Salary
7,615 TRY

Lowest Annual Salary
44,140 TRY
Lowest Monthly Salary
3,678 TRY

Highest Annual Salary
142,300 TRY
Highest Monthly Salary
11,858 TRY

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

Cost Controller 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 Cost Controller Salaries in Turkey

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

Salary ranges

We already know that a Cost Controller can earn between 44,140 TRY and 142,300 TRY on average in Turkey. 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 Cost Controller in Turkey is 92,680 TRY. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 92,680 TRY, and 50% of the population earn more than 92,680 TRY.

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 Cost Controller salary in Turkey, 25% of the population are earning less than 62,420 TRY while 75% of the population earn more than 62,420 TRY.

75% of the population earn less than 123,400 TRY, and 25% of the population earn more than 123,400 TRY.

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.

Cost Controller Salary by Experience Level in Turkey

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 cost controller 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 Cost Controller in Turkey that has less than two years of experience can expect to earn somewhere in the region of 52,460 TRY.
  • 2 - 5 Years Experience. With two to five years of experience the average Cost Controller salary would increase to 70,600 TRY.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cost Controller, the average salary would be 93,880 TRY.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 115,400 TRY.
  • 15 - 20 Years Experience. A Cost Controller with 15 to 20 years of experience can earn an average of 125,100 TRY.
  • 20+ Years Experience. For a Cost Controller with more than 20 years, the expected average salary increases to 136,200 TRY.

Average Salary by Experience Chart

0-2 Years
52,460 TRY
2-5 Years +42%
70,600 TRY
5-10 Years +31%
93,880 TRY
10-15 Years +23%
115,400 TRY
15-20 Years +6%
125,100 TRY
20+ Years +10%
136,200 TRY

Cost Controller Salary by Education Level in Turkey

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 Cost Controller in Turkey 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 Cost Controller in Turkey with a high school education can earn an average salary of 63,320 TRY.

  • Certificate or Diploma. A Cost Controller in Turkey with a certificate or diploma education can earn an average salary of 72,260 TRY.

  • Bachelor's Degree. A Cost Controller in Turkey with a bachelor's degree education can earn an average salary of 106,760 TRY.

  • Master's Degree. A Cost Controller in Turkey with a master's degree education can earn an average salary of 128,900 TRY.

Average Salary by Education Chart

High School
63,320 TRY
Certificate or Diploma +16%
72,260 TRY
Bachelor's Degree +46%
106,760 TRY
Master's Degree +23%
128,900 TRY

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 Turkey is around 39,200 to 117,000 TRY 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.

Cost Controller 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 Turkey, a male cost controller will earn an average of 94,400 TRY, while a female cost controller will earn around 88,580 TRY.

This means that a male cost controller earns approximately 7% more than a female cost controller for performing the same job.

Average Salary by Gender Chart in Turkey

Male
94,400 TRY
Female -7%
88,580 TRY

Cost Controller Average Pay Raise in Turkey

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 Cost Controller in Turkey is around 13% every 17 months.

The national average pay raise across all professions and industries in Turkey is around 8% every 18 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 = ( 13 ÷ 17 ) × 12  = 9%

What this means is that a Cost Controller in Turkey can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Turkey for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Cost Controller Bonus and Incentive Rates in Turkey

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 Cost Controller is a high bonus based job, with 81% of employees reporting at least one bonus in the last 12 months.

19% 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
81%
No Bonus
19%

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 Turkey earn approximately 6% more than private sector employees in the same role.

Public Sector
95,420 TRY
Private Sector -6%
89,960 TRY

Salaries for Jobs Similar to a Cost Controller

In the table below, we have salary information for jobs that are similar to a Cost Controller in Turkey.

Job Title Category Salary
Assistant Business Development Manager Business Planning 125,100 TRY
Assistant Merchandise Planner Business Planning 78,500 TRY
Business Advisor Business Planning 118,060 TRY
Business Analyst Business Planning 120,040 TRY
Business Consultant Business Planning 119,020 TRY
Business Continuity Associate Business Planning 69,400 TRY
Business Developer Business Planning 75,500 TRY
Business Development Analyst Business Planning 85,080 TRY
Business Development Associate Business Planning 64,640 TRY
Business Development Coordinator Business Planning 66,000 TRY
Business Development Director Business Planning 168,100 TRY
Business Development Engineer Business Planning 93,600 TRY
Business Development Executive Business Planning 127,700 TRY
Business Development Manager Business Planning 148,300 TRY
Business Development Specialist Business Planning 112,280 TRY
Business Manager Business Planning 138,800 TRY
Business Operations Specialist Business Planning 117,440 TRY
Business Process Writer Business Planning 69,720 TRY
Business Systems Analyst Business Planning 125,100 TRY
Capacity Planner Business Planning 80,020 TRY
Capacity Planning Supervisor Business Planning 109,520 TRY
Change Communications Analyst Business Planning 108,080 TRY
Change Control Analyst Business Planning 112,180 TRY
Change Impact Analyst Business Planning 118,260 TRY
Contracts Executive Business Planning 119,700 TRY
Corporate Strategy Analyst Business Planning 125,100 TRY
Cost Control Engineer Business Planning 78,160 TRY
Cost Estimator Business Planning 78,500 TRY
Data Executive Business Planning 60,880 TRY
Data Manager Business Planning 88,020 TRY
Data Processing Manager Business Planning 105,080 TRY
Development Researcher Business Planning 91,960 TRY
Director of Business Development Business Planning 174,000 TRY
Director of Production Planning Business Planning 151,800 TRY
Due Diligence Analyst Business Planning 125,100 TRY
Estimating Manager Business Planning 128,500 TRY
General Manager Business Planning 150,000 TRY
Incident Handler Business Planning 85,080 TRY
Incident Specialist Business Planning 105,620 TRY
Lean Consultant Business Planning 93,120 TRY
Manager Business Planning 159,400 TRY
Marketing and Business Development Manager Business Planning 148,300 TRY
Materials Planner Business Planning 53,380 TRY
Merchandise Assistant Business Planning 49,700 TRY
Merchandise Controller Business Planning 50,080 TRY
Merchandise Planner Business Planning 53,160 TRY
Operations Analyst Business Planning 105,080 TRY
Operations Manager Business Planning 124,400 TRY
Operations Research Analyst Business Planning 69,180 TRY
Planning and Reporting Manager Business Planning 127,700 TRY
Planning Director Business Planning 151,800 TRY
Project Administrator Business Planning 79,260 TRY
Project Manager Business Planning 119,900 TRY
Project Planner Business Planning 73,820 TRY
Research Assistant Business Planning 66,140 TRY
Research Engineer Business Planning 72,700 TRY
Research Officer Business Planning 60,920 TRY
Risk Management Specialist Business Planning 116,180 TRY
Scholarship Coordinator Business Planning 57,820 TRY
Store Planner Business Planning 58,440 TRY
Strategy Director Business Planning 154,700 TRY
Top Research and Development Executive Business Planning 169,000 TRY

Salary Comparison by City

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

City Average Salary
Ankara 79,190 TRY
Antalya 68,130 TRY
Istanbul 78,980 TRY
Izmir 74,000 TRY

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