Average Payroll Manager Salary in Asgabat, Turkmenistan for 2026

In this article, we will look at the average Payroll Manager salary for 2026 in Asgabat 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 Payroll Manager Make in Asgabat?

A Payroll Manager working in Asgabat will typically earn around 93,660 TMT per year, and this can range from the lowest average salary of about 47,580 TMT to the highest average salary of 142,300 TMT.

Average Annual Salary93,660 TMT
Average Monthly Salary7,805 TMT
Average Lowest Salary47,580 TMT
Lowest Monthly Salary3,965 TMT
Average Highest Salary142,300 TMT
Highest Monthly Salary11,858 TMT

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

Payroll Manager 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 Payroll Manager Salaries in Asgabat

So we've looked at the average salaries a Payroll Manager will earn in Asgabat. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Payroll Manager can earn between 47,580 TMT and 142,300 TMT on average in Asgabat. 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 Payroll Manager in Asgabat is 87,040 TMT. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 87,040 TMT, and 50% of the population earn more than 87,040 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 Payroll Manager salary in Asgabat, 25% of the population are earning less than 60,840 TMT while 75% of the population earn more than 60,840 TMT.

75% of the population earn less than 109,460 TMT, and 25% of the population earn more than 109,460 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.

Payroll Manager Salary by Experience Level in Asgabat

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 Payroll Manager 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 Payroll Manager in Asgabat that has less than two years of experience can expect to earn somewhere in the region of 52,880 TMT.
  • 2 - 5 Years Experience. With two to five years of experience the average Payroll Manager salary would increase to 71,280 TMT.
  • 5 - 10 Years Experience. From five to ten years of experience as a Payroll Manager, the average salary would be 96,220 TMT.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 113,560 TMT.
  • 15 - 20 Years Experience. A Payroll Manager with 15 to 20 years of experience can earn an average of 127,700 TMT.
  • 20+ Years Experience. For a Payroll Manager with more than 20 years, the expected average salary increases to 130,400 TMT.

Average Salary by Experience Chart

0-2 Years-
52,880 TMT
2-5 Years+34%
71,280 TMT
5-10 Years+30%
96,220 TMT
10-15 Years+21%
113,560 TMT
15-20 Years+9%
127,700 TMT
20+ Years+5%
130,400 TMT

Payroll Manager Salary by Education Level in Asgabat

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 Payroll Manager in Asgabat based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Payroll Manager in Asgabat with a certificate or diploma education can earn an average salary of 64,180 TMT.
  • Bachelor's Degree. A Payroll Manager in Asgabat with a bachelor's degree education can earn an average salary of 99,560 TMT.
  • Master's Degree. A Payroll Manager in Asgabat with a master's degree education can earn an average salary of 138,200 TMT.

Average Salary by Education Chart

Certificate or Diploma-
64,180 TMT
Bachelor's Degree+52%
99,560 TMT
Master's Degree+42%
138,200 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.

Payroll Manager 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 Asgabat, a male payroll manager will earn an average of 86,760 TMT, while a female payroll manager will earn around 78,940 TMT.

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

Average Salary by Gender Chart in Asgabat

Male-
86,760 TMT
Female-10%
78,940 TMT

Payroll Manager Average Pay Raise in Asgabat

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 Payroll Manager in Asgabat is around 9% 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 = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a Payroll Manager in Asgabat can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Asgabat 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%

Payroll Manager Bonus and Incentive Rates in Asgabat

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 Payroll Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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-
67%
No Bonus-
33%

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 Payroll Manager

In the table below, we have salary information for jobs that are similar to a Payroll Manager in Asgabat.

Job TitleCategorySalary
Account ExaminerAccounting and Finance33,440 TMT
Account ExecutiveAccounting and Finance57,440 TMT
AccountantAccounting and Finance45,600 TMT
Accounting AnalystAccounting and Finance55,320 TMT
Accounting AssistantAccounting and Finance34,120 TMT
Accounting AssociateAccounting and Finance34,160 TMT
Accounting ClerkAccounting and Finance26,660 TMT
Accounting CoordinatorAccounting and Finance36,720 TMT
Accounting HeadAccounting and Finance91,660 TMT
Accounting ManagerAccounting and Finance91,660 TMT
Accounting OfficerAccounting and Finance35,340 TMT
Accounting SpecialistAccounting and Finance63,040 TMT
Accounting SupervisorAccounting and Finance58,440 TMT
Accounting TechnicianAccounting and Finance31,080 TMT
Accounting Unit ControllerAccounting and Finance79,360 TMT
Accounts ExecutiveAccounting and Finance58,000 TMT
Accounts OfficerAccounting and Finance35,340 TMT
Accounts Payable AssistantAccounting and Finance39,160 TMT
Accounts Payable AssociateAccounting and Finance41,480 TMT
Accounts Payable ClerkAccounting and Finance34,160 TMT
Accounts Payable ManagerAccounting and Finance91,520 TMT
Accounts Payable and Receivable SpecialistAccounting and Finance43,800 TMT
Accounts Receivable AdministratorAccounting and Finance64,200 TMT
Accounts Receivable ClerkAccounting and Finance35,520 TMT
Accounts Receivable Financial AnalystAccounting and Finance66,020 TMT
Accounts Receivable ManagerAccounting and Finance83,060 TMT
Accounts Receivable Team LeaderAccounting and Finance66,960 TMT
Assistant AccountantAccounting and Finance34,360 TMT
Assistant Accounting ManagerAccounting and Finance82,920 TMT
Assistant AuditorAccounting and Finance47,120 TMT
Assistant Corporate ControllerAccounting and Finance57,820 TMT
Assistant Finance ManagerAccounting and Finance90,900 TMT
Assistant Financial ControllerAccounting and Finance66,020 TMT
Audit DirectorAccounting and Finance108,800 TMT
Audit SupervisorAccounting and Finance80,340 TMT
Auditing ClerkAccounting and Finance35,340 TMT
Auditing ManagerAccounting and Finance89,120 TMT
Billing ClerkAccounting and Finance35,300 TMT
Billing CoordinatorAccounting and Finance40,640 TMT
Billing SpecialistAccounting and Finance47,120 TMT
Billing SupervisorAccounting and Finance69,400 TMT
BookkeeperAccounting and Finance31,380 TMT
Bookkeeping SpecialistAccounting and Finance42,320 TMT
Budget AnalystAccounting and Finance74,940 TMT
Budget ManagerAccounting and Finance93,660 TMT
Business Support AnalystAccounting and Finance53,600 TMT
Capital Markets AssociateAccounting and Finance67,320 TMT
Cash Flow AnalystAccounting and Finance68,400 TMT
Cash Management ManagerAccounting and Finance92,880 TMT
Cash Management OfficerAccounting and Finance48,760 TMT
Cashbook ClerkAccounting and Finance33,440 TMT
Chartered AccountantAccounting and Finance55,580 TMT
Chief AccountantAccounting and Finance66,020 TMT
Collections ClerkAccounting and Finance28,820 TMT
Collections RepresentativeAccounting and Finance39,420 TMT
Collections SpecialistAccounting and Finance44,780 TMT
Corporate ControllerAccounting and Finance75,040 TMT
Corporate TreasurerAccounting and Finance87,020 TMT
Cost AccountantAccounting and Finance48,820 TMT
Cost Accounting ManagerAccounting and Finance92,300 TMT
Cost Accounting SupervisorAccounting and Finance69,180 TMT
Cost AnalystAccounting and Finance75,280 TMT
Credit ControllerAccounting and Finance64,180 TMT
Credit ManagerAccounting and Finance92,900 TMT
Credit and Collection ManagerAccounting and Finance88,480 TMT
Credit and Collection StaffAccounting and Finance34,380 TMT
Credit and Loans OfficerAccounting and Finance31,380 TMT
Debt AdviserAccounting and Finance74,060 TMT
Debt CollectorAccounting and Finance36,800 TMT
Debtors ClerkAccounting and Finance31,040 TMT
Debtors ControllerAccounting and Finance35,340 TMT
Deputy CFOAccounting and Finance129,000 TMT
Deputy Head of FinanceAccounting and Finance119,900 TMT
Derivative TraderAccounting and Finance75,220 TMT
Director of FinanceAccounting and Finance136,200 TMT
EconomistAccounting and Finance102,960 TMT
Equity AnalystAccounting and Finance80,480 TMT
Escrow AssistantAccounting and Finance41,700 TMT
Executive AccountantAccounting and Finance49,020 TMT
External AuditorAccounting and Finance61,840 TMT
Finance AdministratorAccounting and Finance51,340 TMT
Finance AnalystAccounting and Finance78,120 TMT
Finance AssociateAccounting and Finance37,880 TMT
Finance DirectorAccounting and Finance137,400 TMT
Finance ExecutiveAccounting and Finance92,680 TMT
Finance Licensing ClerkAccounting and Finance32,200 TMT
Finance Licensing ManagerAccounting and Finance85,440 TMT
Finance Licensing SpecialistAccounting and Finance48,300 TMT
Finance ManagerAccounting and Finance134,600 TMT
Finance OfficerAccounting and Finance41,480 TMT
Finance PresidentAccounting and Finance125,700 TMT
Finance Relationship ManagerAccounting and Finance109,000 TMT
Finance Release AnalystAccounting and Finance55,140 TMT
Finance SpecialistAccounting and Finance72,700 TMT
Finance Team Leader Accounting and Finance95,420 TMT
Financial AccountantAccounting and Finance47,120 TMT
Financial ActuaryAccounting and Finance66,440 TMT
Financial AdministratorAccounting and Finance73,820 TMT
Financial AdvisorAccounting and Finance81,880 TMT
Financial AnalystAccounting and Finance85,880 TMT
Financial Applications SpecialistAccounting and Finance58,000 TMT
Financial AssistantAccounting and Finance37,200 TMT
Financial AssociateAccounting and Finance34,380 TMT
Financial AssociateAccounting and Finance45,200 TMT
Financial Claims AnalystAccounting and Finance60,160 TMT
Financial Claims ManagerAccounting and Finance80,640 TMT
Financial Claims SupervisorAccounting and Finance77,120 TMT
Financial ClerkAccounting and Finance35,560 TMT
Financial Commercial AnalystAccounting and Finance66,940 TMT
Financial Compliance AnalystAccounting and Finance69,400 TMT
Financial ConsultantAccounting and Finance57,860 TMT
Financial ControllerAccounting and Finance70,700 TMT
Financial ControllerAccounting and Finance72,540 TMT
Financial CoordinatorAccounting and Finance39,420 TMT
Financial Customer Service ManagerAccounting and Finance80,640 TMT
Financial Dealer and BrokerAccounting and Finance50,080 TMT
Financial DirectorAccounting and Finance130,400 TMT
Financial EncoderAccounting and Finance40,560 TMT
Financial ManagerAccounting and Finance119,700 TMT
Financial ManagerAccounting and Finance125,700 TMT
Financial Operations ManagerAccounting and Finance119,700 TMT
Financial Policy AnalystAccounting and Finance70,600 TMT
Financial Project ManagerAccounting and Finance92,680 TMT
Financial Quantitative AnalystAccounting and Finance77,340 TMT
Financial Reporting ConsultantAccounting and Finance63,320 TMT
Financial Reporting ManagerAccounting and Finance88,600 TMT
Financial Section HeadAccounting and Finance83,400 TMT
Financial Services ManagerAccounting and Finance118,800 TMT
Financial Services Sales AgentAccounting and Finance45,600 TMT
Fixed Assets AdministratorAccounting and Finance49,300 TMT
Forensic AccountantAccounting and Finance52,880 TMT
Fraud Detection SupervisorAccounting and Finance56,460 TMT
Fraud Prevention ManagerAccounting and Finance96,600 TMT
Fund AccountantAccounting and Finance40,640 TMT
Grants CoordinatorAccounting and Finance33,520 TMT
Group Financial ManagerAccounting and Finance127,700 TMT
Internal AuditorAccounting and Finance58,800 TMT
Internal Control AdviserAccounting and Finance72,380 TMT
Internal Control OfficerAccounting and Finance40,040 TMT
International Tax DirectorAccounting and Finance113,280 TMT
Inventory AccountantAccounting and Finance48,200 TMT
Investment AdvisorAccounting and Finance119,080 TMT
Investment AnalystAccounting and Finance90,900 TMT
Investment AssociateAccounting and Finance72,700 TMT
Investment BrokerAccounting and Finance77,120 TMT
Investment Fund ManagerAccounting and Finance97,260 TMT
Investment Operations ManagerAccounting and Finance96,600 TMT
Investment UnderwriterAccounting and Finance36,720 TMT
InvestorAccounting and Finance58,440 TMT
Investor Relations ManagerAccounting and Finance86,740 TMT
KYC Team LeaderAccounting and Finance91,560 TMT
Loan ProcessorAccounting and Finance36,700 TMT
Management AccountantAccounting and Finance52,460 TMT
Management EconomistAccounting and Finance101,920 TMT
PaymasterAccounting and Finance36,020 TMT
Payroll AdministratorAccounting and Finance62,420 TMT
Payroll Benefits CoordinatorAccounting and Finance46,880 TMT
Payroll Billing ManagerAccounting and Finance80,280 TMT
Payroll ClerkAccounting and Finance36,020 TMT
Payroll OfficerAccounting and Finance39,560 TMT
Payroll SpecialistAccounting and Finance48,640 TMT
Payroll SupervisorAccounting and Finance57,360 TMT
Pensions AdministratorAccounting and Finance43,800 TMT
Personal Financial AdvisorAccounting and Finance63,480 TMT
Pricing AnalystAccounting and Finance73,880 TMT
Private Equity AnalystAccounting and Finance79,000 TMT
Project AccountantAccounting and Finance49,820 TMT
Proposal Development CoordinatorAccounting and Finance38,680 TMT
Receivables AccountantAccounting and Finance38,780 TMT
Regulatory AccountantAccounting and Finance52,540 TMT
Retirement Plan AnalystAccounting and Finance75,040 TMT
Revenue Management SpecialistAccounting and Finance79,600 TMT
Revenue Recognition AnalystAccounting and Finance81,880 TMT
Risk Management DirectorAccounting and Finance107,580 TMT
Risk Management SupervisorAccounting and Finance91,520 TMT
Staff AccountantAccounting and Finance42,400 TMT
Tax AccountantAccounting and Finance45,200 TMT
Tax AdministratorAccounting and Finance48,200 TMT
Tax AdvisorAccounting and Finance67,360 TMT
Tax AnalystAccounting and Finance67,320 TMT
Tax AssociateAccounting and Finance41,700 TMT
Tax ConsultantAccounting and Finance74,060 TMT
Tax DirectorAccounting and Finance108,300 TMT
Tax ExaminerAccounting and Finance45,000 TMT
Tax ManagerAccounting and Finance94,940 TMT
Tax Research ManagerAccounting and Finance87,040 TMT
TellerAccounting and Finance27,300 TMT
Treasury AccountantAccounting and Finance45,260 TMT
Treasury AnalystAccounting and Finance70,880 TMT
UnderwriterAccounting and Finance33,440 TMT
Underwriting AssistantAccounting and Finance30,220 TMT
Vice President of FinanceAccounting and Finance127,700 TMT

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