Average Leasing Administrator Salary in Sri Lanka for 2024

In this article, we will look at the average Leasing Administrator salary for 2024 in Sri Lanka 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 Sri Lankan rupee. To keep things simple, we are using the LKR currency code instead of the currency symbol Rs රු.

How Much Does a Leasing Administrator Make in Sri Lanka?

A Leasing Administrator working in Sri Lanka will typically earn around 713,900 LKR per year, and this can range from the lowest average salary of about 371,100 LKR to the highest average salary of 1,094,000 LKR.

Average Annual Salary
713,900 LKR
Average Monthly Salary
59,491 LKR

Lowest Annual Salary
371,100 LKR
Lowest Monthly Salary
30,925 LKR

Highest Annual Salary
1,094,000 LKR
Highest Monthly Salary
91,166 LKR

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

Leasing Administrator 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 Leasing Administrator Salaries in Sri Lanka

So we've looked at the average salaries a Leasing Administrator will earn in Sri Lanka. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Leasing Administrator can earn between 371,100 LKR and 1,094,000 LKR on average in Sri Lanka. 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 Leasing Administrator in Sri Lanka is 687,100 LKR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 687,100 LKR, and 50% of the population earn more than 687,100 LKR.

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 Leasing Administrator salary in Sri Lanka, 25% of the population are earning less than 478,100 LKR while 75% of the population earn more than 478,100 LKR.

75% of the population earn less than 854,300 LKR, and 25% of the population earn more than 854,300 LKR.

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.

Leasing Administrator Salary by Experience Level in Sri Lanka

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 leasing administrator 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 Leasing Administrator in Sri Lanka that has less than two years of experience can expect to earn somewhere in the region of 420,800 LKR.
  • 2 - 5 Years Experience. With two to five years of experience the average Leasing Administrator salary would increase to 566,900 LKR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Leasing Administrator, the average salary would be 735,200 LKR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 894,500 LKR.
  • 15 - 20 Years Experience. A Leasing Administrator with 15 to 20 years of experience can earn an average of 975,700 LKR.
  • 20+ Years Experience. For a Leasing Administrator with more than 20 years, the expected average salary increases to 1,025,100 LKR.

Average Salary by Experience Chart

0-2 Years
420,800 LKR
2-5 Years +34%
566,900 LKR
5-10 Years +30%
735,200 LKR
10-15 Years +21%
894,500 LKR
15-20 Years +9%
975,700 LKR
20+ Years +5%
1,025,100 LKR

Leasing Administrator Salary by Education Level in Sri Lanka

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 Leasing Administrator in Sri Lanka 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 Leasing Administrator in Sri Lanka with a high school education can earn an average salary of 510,000 LKR.

  • Certificate or Diploma. A Leasing Administrator in Sri Lanka with a certificate or diploma education can earn an average salary of 581,000 LKR.

  • Bachelor's Degree. A Leasing Administrator in Sri Lanka with a bachelor's degree education can earn an average salary of 818,100 LKR.

  • Master's Degree. A Leasing Administrator in Sri Lanka with a master's degree education can earn an average salary of 995,000 LKR.

Average Salary by Education Chart

High School
510,000 LKR
Certificate or Diploma +14%
581,000 LKR
Bachelor's Degree +41%
818,100 LKR
Master's Degree +21%
995,000 LKR

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 Sri Lanka is around 449,000 to 1,350,000 LKR 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.

Leasing Administrator 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 Sri Lanka, a male leasing administrator will earn an average of 757,600 LKR, while a female leasing administrator will earn around 688,900 LKR.

This means that a male leasing administrator earns approximately 10% more than a female leasing administrator for performing the same job.

Average Salary by Gender Chart in Sri Lanka

Male
757,600 LKR
Female -10%
688,900 LKR

Leasing Administrator Average Pay Raise in Sri Lanka

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 Leasing Administrator in Sri Lanka is around 10% every 19 months.

The national average pay raise across all professions and industries in Sri Lanka is around 9% every 17 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 = ( 10 ÷ 19 ) × 12  = 6%

What this means is that a Leasing Administrator in Sri Lanka can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Sri Lanka for 2024

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

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%

Leasing Administrator Bonus and Incentive Rates in Sri Lanka

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 Leasing Administrator is a low bonus based job, with 25% of employees reporting at least one bonus in the last 12 months.

75% 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
25%
No Bonus
75%

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 Sri Lanka earn approximately 8% more than private sector employees in the same role.

Public Sector
1,109,200 LKR
Private Sector -8%
1,031,200 LKR

Salaries for Jobs Similar to a Leasing Administrator

In the table below, we have salary information for jobs that are similar to a Leasing Administrator in Sri Lanka.

Job Title Category Salary
Accreditation Specialist Administration / Reception / Secretarial 1,249,900 LKR
Admin Clerk Administration / Reception / Secretarial 394,500 LKR
Admin Executive Administration / Reception / Secretarial 650,800 LKR
Administrative Aide Administration / Reception / Secretarial 440,200 LKR
Administrative Analyst Administration / Reception / Secretarial 830,500 LKR
Administrative Assistant Administration / Reception / Secretarial 589,400 LKR
Administrative Associate Administration / Reception / Secretarial 572,200 LKR
Administrative Coordinator Administration / Reception / Secretarial 568,500 LKR
Administrative Manager Administration / Reception / Secretarial 893,500 LKR
Administrative Officer Administration / Reception / Secretarial 592,600 LKR
Administrative Receptionist Administration / Reception / Secretarial 547,800 LKR
Administrative Secretary Administration / Reception / Secretarial 518,300 LKR
Administrative Specialist Administration / Reception / Secretarial 580,600 LKR
Administrative Support Administration / Reception / Secretarial 507,300 LKR
Administrative Technician Administration / Reception / Secretarial 450,300 LKR
Board Secretary Administration / Reception / Secretarial 541,700 LKR
Branch Office Administrator Administration / Reception / Secretarial 958,700 LKR
Business Administrator Administration / Reception / Secretarial 917,200 LKR
Business Office Manager Administration / Reception / Secretarial 1,440,700 LKR
Central Office Operator Administration / Reception / Secretarial 568,500 LKR
Clerical Assistant Administration / Reception / Secretarial 366,200 LKR
Clerk Administration / Reception / Secretarial 388,100 LKR
Commercial Administrator Administration / Reception / Secretarial 843,600 LKR
Commissions Processor Administration / Reception / Secretarial 681,500 LKR
Conveyancing Secretary Administration / Reception / Secretarial 518,300 LKR
Corporate Receptionist Administration / Reception / Secretarial 568,500 LKR
Creditors Clerk Administration / Reception / Secretarial 552,400 LKR
Data Entry Clerk Administration / Reception / Secretarial 398,300 LKR
Data Entry Specialist Administration / Reception / Secretarial 578,500 LKR
Document Controller Administration / Reception / Secretarial 466,900 LKR
Document Management Specialist Administration / Reception / Secretarial 743,300 LKR
Executive Administrative Assistant Administration / Reception / Secretarial 664,500 LKR
Executive Assistant Administration / Reception / Secretarial 659,400 LKR
Executive Officer Administration / Reception / Secretarial 709,600 LKR
Executive Personal Assistant Administration / Reception / Secretarial 745,000 LKR
Executive Secretary Administration / Reception / Secretarial 592,600 LKR
File Clerk Administration / Reception / Secretarial 392,300 LKR
Front Desk Attendant Administration / Reception / Secretarial 572,200 LKR
Front Desk Coordinator Administration / Reception / Secretarial 691,200 LKR
Front Desk Manager Administration / Reception / Secretarial 882,400 LKR
Front Desk Receptionist Administration / Reception / Secretarial 555,800 LKR
Front Desk Shift Leader Administration / Reception / Secretarial 675,200 LKR
Front Office Assistant Administration / Reception / Secretarial 524,300 LKR
Front Office Executive Administration / Reception / Secretarial 694,700 LKR
Group Services Manager Administration / Reception / Secretarial 1,547,500 LKR
Head Receptionist Administration / Reception / Secretarial 650,700 LKR
Inquiry and Admissions Clerk Administration / Reception / Secretarial 384,500 LKR
Key Account Assistant Administration / Reception / Secretarial 675,100 LKR
Keyboard and Data Entry Operator Administration / Reception / Secretarial 383,300 LKR
Legal Secretary Administration / Reception / Secretarial 581,300 LKR
Librarian Administration / Reception / Secretarial 724,300 LKR
Mail Processing Clerk Administration / Reception / Secretarial 317,700 LKR
Mail Sorting Clerk Administration / Reception / Secretarial 341,900 LKR
Mailroom Clerk Administration / Reception / Secretarial 319,600 LKR
Mailroom Manager Administration / Reception / Secretarial 653,200 LKR
Management Support Secretary Administration / Reception / Secretarial 563,300 LKR
Master Programme Coordinator Administration / Reception / Secretarial 1,074,600 LKR
Medical Receptionist Administration / Reception / Secretarial 620,300 LKR
Meeting and Event Assistant Administration / Reception / Secretarial 664,500 LKR
Meeting and Event Manager Administration / Reception / Secretarial 1,464,200 LKR
Night Manager Administration / Reception / Secretarial 840,100 LKR
Office Administrator Administration / Reception / Secretarial 907,100 LKR
Office Assistant Administration / Reception / Secretarial 397,900 LKR
Office Automation Clerk Administration / Reception / Secretarial 659,200 LKR
Office Clerk Administration / Reception / Secretarial 464,900 LKR
Office Coordinator Administration / Reception / Secretarial 533,100 LKR
Office Manager Administration / Reception / Secretarial 931,900 LKR
Office Services Coordinator Administration / Reception / Secretarial 791,200 LKR
Office Supervisor Administration / Reception / Secretarial 687,100 LKR
Operations Analyst Administration / Reception / Secretarial 1,168,700 LKR
Operations Clerk Administration / Reception / Secretarial 633,100 LKR
Operations Manager Administration / Reception / Secretarial 1,417,600 LKR
Personal Assistant Administration / Reception / Secretarial 548,800 LKR
Planning Assistant Administration / Reception / Secretarial 648,200 LKR
Process Expert Administration / Reception / Secretarial 838,100 LKR
Program Coordinator Administration / Reception / Secretarial 802,400 LKR
Programme Assistant Administration / Reception / Secretarial 725,700 LKR
Project Administrator Administration / Reception / Secretarial 913,400 LKR
Project Coordinator Administration / Reception / Secretarial 1,249,900 LKR
Query Administrator Administration / Reception / Secretarial 681,500 LKR
Reception Team Lead Administration / Reception / Secretarial 704,300 LKR
Receptionist Administration / Reception / Secretarial 518,900 LKR
Records Officer Administration / Reception / Secretarial 485,300 LKR
Registry Administrator Administration / Reception / Secretarial 595,300 LKR
Registry and Filing Clerk Administration / Reception / Secretarial 394,500 LKR
Rental Clerk Administration / Reception / Secretarial 377,200 LKR
Schedule Officer Administration / Reception / Secretarial 398,300 LKR
Scheduler Administration / Reception / Secretarial 433,800 LKR
School Secretary Administration / Reception / Secretarial 563,000 LKR
Secretary Administration / Reception / Secretarial 489,600 LKR
Service Reception Head Administration / Reception / Secretarial 671,000 LKR
Switchboard Operator Administration / Reception / Secretarial 467,100 LKR
Technical Program Manager Administration / Reception / Secretarial 1,345,400 LKR
Technical Project Manager Administration / Reception / Secretarial 1,405,700 LKR
Typist Administration / Reception / Secretarial 448,500 LKR
Unit Secretary Administration / Reception / Secretarial 493,000 LKR
Wayleave Officer Administration / Reception / Secretarial 383,300 LKR

Salary Comparison by City

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

City Average Salary
Colombo 761,400 LKR

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