Average Lettings Assistant Salary in Korca, Albania for 2024

In this article, we will look at the average Lettings Assistant salary for 2024 in Korca 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 Albanian lek. To keep things simple, we are using the ALL currency code instead of the currency symbol L.

How Much Does a Lettings Assistant Make in Korca?

A Lettings Assistant working in Korca will typically earn around 483,800 ALL per year, and this can range from the lowest average salary of about 249,600 ALL to the highest average salary of 739,500 ALL.

Average Annual Salary
483,800 ALL
Average Monthly Salary
40,316 ALL

Lowest Annual Salary
249,600 ALL
Lowest Monthly Salary
20,800 ALL

Highest Annual Salary
739,500 ALL
Highest Monthly Salary
61,625 ALL

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

Lettings Assistant 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 Lettings Assistant Salaries in Korca

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

Salary ranges

We already know that a Lettings Assistant can earn between 249,600 ALL and 739,500 ALL on average in Korca. 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 Lettings Assistant in Korca is 464,400 ALL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 464,400 ALL, and 50% of the population earn more than 464,400 ALL.

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 Lettings Assistant salary in Korca, 25% of the population are earning less than 320,500 ALL while 75% of the population earn more than 320,500 ALL.

75% of the population earn less than 576,500 ALL, and 25% of the population earn more than 576,500 ALL.

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.

Lettings Assistant Salary by Experience Level in Korca

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 lettings assistant 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 Lettings Assistant in Korca that has less than two years of experience can expect to earn somewhere in the region of 283,700 ALL.
  • 2 - 5 Years Experience. With two to five years of experience the average Lettings Assistant salary would increase to 384,200 ALL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Lettings Assistant, the average salary would be 499,300 ALL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 602,700 ALL.
  • 15 - 20 Years Experience. A Lettings Assistant with 15 to 20 years of experience can earn an average of 658,300 ALL.
  • 20+ Years Experience. For a Lettings Assistant with more than 20 years, the expected average salary increases to 693,100 ALL.

Average Salary by Experience Chart

0-2 Years
283,700 ALL
2-5 Years +34%
384,200 ALL
5-10 Years +30%
499,300 ALL
10-15 Years +21%
602,700 ALL
15-20 Years +9%
658,300 ALL
20+ Years +5%
693,100 ALL

Lettings Assistant Salary by Education Level in Korca

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 Lettings Assistant in Korca 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 Lettings Assistant in Korca with a high school education can earn an average salary of 340,400 ALL.

  • Certificate or Diploma. A Lettings Assistant in Korca with a certificate or diploma education can earn an average salary of 485,300 ALL.

  • Bachelor's Degree. A Lettings Assistant in Korca with a bachelor's degree education can earn an average salary of 672,600 ALL.

Average Salary by Education Chart

High School
340,400 ALL
Certificate or Diploma +43%
485,300 ALL
Bachelor's Degree +38%
672,600 ALL

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 Albania is around 480,000 to 1,440,000 ALL 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.

Lettings Assistant 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 Korca, a male lettings assistant will earn an average of 520,900 ALL, while a female lettings assistant will earn around 472,100 ALL.

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

Average Salary by Gender Chart in Korca

Male
520,900 ALL
Female -10%
472,100 ALL

Lettings Assistant Average Pay Raise in Korca

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 Lettings Assistant in Korca is around 6% every 29 months.

The national average pay raise across all professions and industries in Albania 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 = ( 6 ÷ 29 ) × 12  = 2%

What this means is that a Lettings Assistant in Korca can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Korca for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Lettings Assistant Bonus and Incentive Rates in Korca

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 Lettings Assistant is a moderate bonus based job, with 65% of employees reporting at least one bonus in the last 12 months.

35% 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
65%
No Bonus
35%

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 Albania earn approximately 14% more than private sector employees in the same role.

Public Sector
1,249,900 ALL
Private Sector -14%
1,097,500 ALL

Salaries for Jobs Similar to a Lettings Assistant

In the table below, we have salary information for jobs that are similar to a Lettings Assistant in Korca.

Job Title Category Salary
Acquisition Associate Real Estate 1,011,500 ALL
Assistant Leasing Manager Real Estate 1,333,900 ALL
Assistant Property Manager Real Estate 1,333,900 ALL
Brokerage Real Estate 970,600 ALL
Brokerage Clerk Real Estate 524,300 ALL
Commercial Leasing Manager Real Estate 2,003,200 ALL
Commercial Real Estate Manager Real Estate 2,124,400 ALL
Community Development Manager Real Estate 1,870,400 ALL
Compliance Specialist Real Estate 965,000 ALL
Development Coordinator Real Estate 970,600 ALL
Director of Real Estate Real Estate 2,266,400 ALL
Lease Administrator Real Estate 1,273,300 ALL
Leasing Agent Real Estate 1,043,600 ALL
Leasing Consultant Real Estate 1,212,800 ALL
Leasing Manager Real Estate 1,405,700 ALL
Portfolio Analyst Real Estate 1,645,600 ALL
Portfolio Manager Real Estate 2,242,500 ALL
Property Acquisition Agent Real Estate 899,200 ALL
Property and Claims Specialist Real Estate 1,235,600 ALL
Property Manager Real Estate 1,440,700 ALL
Property Operations Manager Real Estate 2,110,600 ALL
Property Tax Assistant Real Estate 1,009,600 ALL
Real Estate Administrator Real Estate 1,122,500 ALL
Real Estate Agent Real Estate 1,053,900 ALL
Real Estate Analyst Real Estate 1,320,500 ALL
Real Estate Appraiser Real Estate 1,053,900 ALL
Real Estate Appraiser Real Estate 1,057,700 ALL
Real Estate Appraiser Real Estate 1,106,000 ALL
Real Estate Assistant Real Estate 970,200 ALL
Real Estate Association Manager Real Estate 1,357,900 ALL
Real Estate Broker Real Estate 995,200 ALL
Real Estate General Manager Real Estate 2,015,600 ALL
Real Estate Project Director Real Estate 1,980,600 ALL
Real Estate Project Manager Real Estate 1,765,300 ALL
Real Estate Sales Agent Real Estate 1,032,400 ALL
Real Estate Valuer Real Estate 1,048,600 ALL
Research Analyst Real Estate 954,900 ALL
Residential Advisor Real Estate 1,224,800 ALL
Residential Property Manager Real Estate 1,450,700 ALL
Shopping Center Manager Real Estate 2,266,400 ALL
Town Planner Real Estate 2,110,600 ALL

Salary Comparison by City

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

City Average Salary
Berat 492,400 ALL
Durres 559,000 ALL
Elbasan 545,300 ALL
Fier 480,300 ALL
Gjirokaster 457,300 ALL
Lezhe 464,900 ALL
Sarande 459,300 ALL
Shkodra 516,100 ALL
Tirana 559,000 ALL
Vlore 539,700 ALL

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Lettings Assistant Salary in Korca, Albania for 2024". World Salaries. Accessed on April 27, 2024. https://worldsalaries.com/average-lettings-assistant-salary-in-korca/albania/.

  • "Average Lettings Assistant Salary in Korca, Albania for 2024". World Salaries, https://worldsalaries.com/average-lettings-assistant-salary-in-korca/albania/. Accessed 27 April, 2024

  • Average Lettings Assistant Salary in Korca, Albania for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-lettings-assistant-salary-in-korca/albania/.