Average Inspector Salary in Mongolia for 2024

In this article, we will look at the average Inspector salary for 2024 in Mongolia 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 Mongolian tögrög. To keep things simple, we are using the MNT currency code instead of the currency symbol ₮.

How Much Does an Inspector Make in Mongolia?

An Inspector working in Mongolia will typically earn around 12,841,200 MNT per year, and this can range from the lowest average salary of about 6,826,100 MNT to the highest average salary of 19,558,300 MNT.

Average Annual Salary
12,841,200 MNT
Average Monthly Salary
1,070,100 MNT

Lowest Annual Salary
6,826,100 MNT
Lowest Monthly Salary
568,841 MNT

Highest Annual Salary
19,558,300 MNT
Highest Monthly Salary
1,629,858 MNT

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

Inspector 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 Inspector Salaries in Mongolia

So we've looked at the average salaries an Inspector will earn in Mongolia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Inspector can earn between 6,826,100 MNT and 19,558,300 MNT on average in Mongolia. 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 Inspector in Mongolia is 12,121,000 MNT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 12,121,000 MNT, and 50% of the population earn more than 12,121,000 MNT.

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 Inspector salary in Mongolia, 25% of the population are earning less than 8,533,800 MNT while 75% of the population earn more than 8,533,800 MNT.

75% of the population earn less than 14,880,300 MNT, and 25% of the population earn more than 14,880,300 MNT.

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.

Inspector Salary by Experience Level in Mongolia

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 inspector 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 Inspector in Mongolia that has less than two years of experience can expect to earn somewhere in the region of 7,848,500 MNT.
  • 2 - 5 Years Experience. With two to five years of experience the average Inspector salary would increase to 9,634,900 MNT.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inspector, the average salary would be 13,679,300 MNT.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 15,960,700 MNT.
  • 15 - 20 Years Experience. An Inspector with 15 to 20 years of experience can earn an average of 17,519,700 MNT.
  • 20+ Years Experience. For an Inspector with more than 20 years, the expected average salary increases to 18,598,500 MNT.

Average Salary by Experience Chart

0-2 Years
7,848,500 MNT
2-5 Years +23%
9,634,900 MNT
5-10 Years +42%
13,679,300 MNT
10-15 Years +17%
15,960,700 MNT
15-20 Years +10%
17,519,700 MNT
20+ Years +6%
18,598,500 MNT

Inspector Salary by Education Level in Mongolia

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 Inspector in Mongolia 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 Inspector in Mongolia with a high school education can earn an average salary of 9,634,900 MNT.

  • Certificate or Diploma. An Inspector in Mongolia with a certificate or diploma education can earn an average salary of 13,441,600 MNT.

  • Bachelor's Degree. An Inspector in Mongolia with a bachelor's degree education can earn an average salary of 19,078,500 MNT.

Average Salary by Education Chart

High School
9,634,900 MNT
Certificate or Diploma +40%
13,441,600 MNT
Bachelor's Degree +42%
19,078,500 MNT

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 Mongolia is around 9,750,000 to 29,300,000 MNT 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.

Inspector 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 Mongolia, a male inspector will earn an average of 13,319,300 MNT, while a female inspector will earn around 12,361,500 MNT.

This means that a male inspector earns approximately 8% more than a female inspector for performing the same job.

Average Salary by Gender Chart in Mongolia

Male
13,319,300 MNT
Female -8%
12,361,500 MNT

Inspector Average Pay Raise in Mongolia

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 Inspector in Mongolia is around 5% every 30 months.

The national average pay raise across all professions and industries in Mongolia 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 = ( 5 ÷ 30 ) × 12  = 2%

What this means is that an Inspector in Mongolia can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Mongolia for 2024

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

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

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Inspector Bonus and Incentive Rates in Mongolia

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 Inspector is a low bonus based job, with 8% of employees reporting at least one bonus in the last 12 months.

92% 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
8%
No Bonus
92%

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

Public Sector
25,561,400 MNT
Private Sector -18%
21,719,900 MNT

Salaries for Jobs Similar to an Inspector

In the table below, we have salary information for jobs that are similar to an Inspector in Mongolia.

Job Title Category Salary
Customs Controller Import and Export 15,001,200 MNT
Expeditor Import and Export 13,441,600 MNT
Export Administrator Import and Export 20,281,100 MNT
Export Controller Import and Export 14,639,900 MNT
Export Executive Import and Export 21,841,900 MNT
Export Logistics Manager Import and Export 31,678,800 MNT
Export Logistics Specialist Import and Export 22,321,900 MNT
Export Services Manager Import and Export 32,038,500 MNT
Export Specialist Import and Export 17,758,500 MNT
Export Supervisor Import and Export 20,159,800 MNT
Exports Sales Manager Import and Export 36,121,000 MNT
Freight Forwarder Import and Export 8,339,300 MNT
Global Forwarding Agent Import and Export 17,640,500 MNT
Immigration and Customs Inspector Import and Export 12,239,700 MNT
Import and Export Clerk Import and Export 7,477,100 MNT
Import and Export Consultant Import and Export 27,841,200 MNT
Import and Export Manager Import and Export 37,681,400 MNT
Import and Procurement Manager Import and Export 37,078,800 MNT
Import Coordinator Import and Export 11,674,300 MNT
Import Customs Specialist Import and Export 15,599,800 MNT
Import Logistics Specialist Import and Export 17,159,700 MNT
Importation Supervisor Import and Export 24,359,000 MNT
Logistic Executive Import and Export 18,001,100 MNT
Logistician Import and Export 8,411,800 MNT
Logistics Administrator Import and Export 18,001,100 MNT
Logistics Analyst Import and Export 20,281,100 MNT
Logistics Specialist Import and Export 17,278,100 MNT
Marine Cargo Inspector Import and Export 11,005,300 MNT
Shipping Officer Import and Export 8,758,900 MNT

Salary Comparison by City

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

City Average Salary
Ulan Bator 18,060,350 MNT

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