Average Private Sector Executive Salary in Iran for 2024

In this article, we will look at the average Private Sector Executive salary for 2024 in Iran 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 Iranian rial. To keep things simple, we are using the IRR currency code instead of the currency symbol ï·¼.

How Much Does a Private Sector Executive Make in Iran?

A Private Sector Executive working in Iran will typically earn around 714,001,100 IRR per year, and this can range from the lowest average salary of about 328,800,600 IRR to the highest average salary of 1,135,199,000 IRR.

Average Annual Salary
714,001,100 IRR
Average Monthly Salary
59,500,091 IRR

Lowest Annual Salary
328,800,600 IRR
Lowest Monthly Salary
27,400,050 IRR

Highest Annual Salary
1,135,199,000 IRR
Highest Monthly Salary
94,599,916 IRR

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

Private Sector Executive 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 Private Sector Executive Salaries in Iran

So we've looked at the average salaries a Private Sector Executive will earn in Iran. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Private Sector Executive can earn between 328,800,600 IRR and 1,135,199,000 IRR on average in Iran. 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 Private Sector Executive in Iran is 770,398,300 IRR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 770,398,300 IRR, and 50% of the population earn more than 770,398,300 IRR.

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 Private Sector Executive salary in Iran, 25% of the population are earning less than 494,400,200 IRR while 75% of the population earn more than 494,400,200 IRR.

75% of the population earn less than 1,029,601,600 IRR, and 25% of the population earn more than 1,029,601,600 IRR.

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.

Private Sector Executive Salary by Experience Level in Iran

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 private sector executive 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 Private Sector Executive in Iran that has less than two years of experience can expect to earn somewhere in the region of 373,199,400 IRR.
  • 2 - 5 Years Experience. With two to five years of experience the average Private Sector Executive salary would increase to 498,000,700 IRR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Private Sector Executive, the average salary would be 735,599,400 IRR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 896,400,300 IRR.
  • 15 - 20 Years Experience. A Private Sector Executive with 15 to 20 years of experience can earn an average of 978,000,100 IRR.
  • 20+ Years Experience. For a Private Sector Executive with more than 20 years, the expected average salary increases to 1,058,399,300 IRR.

Average Salary by Experience Chart

0-2 Years
373,199,400 IRR
2-5 Years +34%
498,000,700 IRR
5-10 Years +48%
735,599,400 IRR
10-15 Years +22%
896,400,300 IRR
15-20 Years +9%
978,000,100 IRR
20+ Years +8%
1,058,399,300 IRR

Private Sector Executive Salary by Education Level in Iran

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 Private Sector Executive in Iran 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 Private Sector Executive in Iran with a high school education can earn an average salary of 457,200,500 IRR.

  • Certificate or Diploma. A Private Sector Executive in Iran with a certificate or diploma education can earn an average salary of 537,600,300 IRR.

  • Bachelor's Degree. A Private Sector Executive in Iran with a bachelor's degree education can earn an average salary of 779,998,800 IRR.

  • Master's Degree. A Private Sector Executive in Iran with a master's degree education can earn an average salary of 1,022,399,200 IRR.

Average Salary by Education Chart

High School
457,200,500 IRR
Certificate or Diploma +18%
537,600,300 IRR
Bachelor's Degree +45%
779,998,800 IRR
Master's Degree +31%
1,022,399,200 IRR

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 Iran is around 224,000,000 to 672,000,000 IRR 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.

Private Sector Executive 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 Iran, a male private sector executive will earn an average of 773,998,700 IRR, while a female private sector executive will earn around 654,001,300 IRR.

This means that a male private sector executive earns approximately 18% more than a female private sector executive for performing the same job.

Average Salary by Gender Chart in Iran

Male
773,998,700 IRR
Female -18%
654,001,300 IRR

Private Sector Executive Average Pay Raise in Iran

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 Private Sector Executive in Iran is around 13% every 18 months.

The national average pay raise across all professions and industries in Iran is around 8% every 19 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 ÷ 18 ) × 12  = 9%

What this means is that a Private Sector Executive in Iran can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Iran for 2024

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

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%

Private Sector Executive Bonus and Incentive Rates in Iran

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 Private Sector Executive 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 Iran earn approximately 10% more than private sector employees in the same role.

Public Sector
568,800,800 IRR
Private Sector -10%
516,001,900 IRR

Salaries for Jobs Similar to a Private Sector Executive

In the table below, we have salary information for jobs that are similar to a Private Sector Executive in Iran.

Job Title Category Salary
Account Coordinator Executive and Management 540,000,700 IRR
Account Director Executive and Management 637,201,500 IRR
Account Executive Executive and Management 633,600,200 IRR
Account Manager Executive and Management 620,398,800 IRR
Administration Manager Executive and Management 627,600,400 IRR
Administration Officer Executive and Management 334,798,200 IRR
Administration Supervisor Executive and Management 525,598,700 IRR
Administrative Clerk Executive and Management 257,999,600 IRR
Administrative Officer Executive and Management 252,000,400 IRR
Area Director Executive and Management 562,799,100 IRR
Area Manager Executive and Management 576,001,300 IRR
Asset Protection Associate Executive and Management 699,598,100 IRR
Assistant Director Executive and Management 618,000,700 IRR
Assistant General Manager Executive and Management 686,399,500 IRR
Assistant Manager Executive and Management 717,599,500 IRR
Assistant Managing Director Executive and Management 789,600,500 IRR
Assistant Operations Manager Executive and Management 706,800,800 IRR
Assistant Project Manager Executive and Management 680,400,600 IRR
Assistant Section Head Executive and Management 566,399,100 IRR
Assistant to CEO Executive and Management 586,801,500 IRR
Assistant Vice President Executive and Management 677,998,300 IRR
Associate Account Director Executive and Management 631,200,600 IRR
Associate Director Executive and Management 642,000,400 IRR
Bid Manager Executive and Management 750,001,800 IRR
Branch Manager Executive and Management 696,001,100 IRR
Business Development Manager Executive and Management 783,599,400 IRR
Business Operations Associate Executive and Management 631,200,600 IRR
Business Operations Lead Executive and Management 652,798,800 IRR
Campaign Manager Executive and Management 724,799,600 IRR
Catering Coordinator Executive and Management 415,198,100 IRR
Catering Manager Executive and Management 652,798,800 IRR
CEO Executive and Management 1,307,999,700 IRR
Chairman of The Board Executive and Management 1,171,200,100 IRR
Chairman Office Manager Executive and Management 771,600,900 IRR
Chief Commercial Officer Executive and Management 884,398,800 IRR
Chief Corporate Officer Executive and Management 991,200,900 IRR
Chief Executive Officer Executive and Management 1,223,998,800 IRR
Chief Financial Officer Executive and Management 1,114,799,400 IRR
Chief Investment Officer Executive and Management 969,599,400 IRR
Chief of Staff Executive and Management 580,798,800 IRR
Chief Operating Officer Executive and Management 916,798,800 IRR
Chief Risk Officer Executive and Management 800,399,500 IRR
Client Account Manager Executive and Management 757,201,400 IRR
Client Accounts Officer Executive and Management 639,601,800 IRR
Client Services Manager Executive and Management 776,401,400 IRR
Commercial Director Executive and Management 895,199,700 IRR
Commercial Manager Executive and Management 738,001,600 IRR
Commercial Project Manager Executive and Management 715,198,100 IRR
Commodity Broker Executive and Management 544,798,500 IRR
COO Executive and Management 985,198,600 IRR
Corporate Affairs Executive Executive and Management 784,798,300 IRR
Corporate Compliance Director Executive and Management 795,598,300 IRR
Corporate Director Executive and Management 838,800,300 IRR
Corporate Officer Executive and Management 572,398,400 IRR
Corporate Partnerships Officer Executive and Management 578,398,900 IRR
Country Manager Executive and Management 937,198,200 IRR
Department Head Executive and Management 756,000,500 IRR
Department Manager Executive and Management 757,201,400 IRR
Department Supervisor Executive and Management 655,201,300 IRR
Deputy Director Executive and Management 867,601,600 IRR
Deputy Manager Executive and Management 896,400,300 IRR
Director Executive and Management 980,399,300 IRR
Director of Accreditation Executive and Management 814,800,900 IRR
Director of Catering Services Executive and Management 734,401,100 IRR
Director of Client Services Executive and Management 800,399,500 IRR
Director of Facilities Management Executive and Management 673,200,600 IRR
Director of Operations Executive and Management 814,800,900 IRR
Director of Process Simplification Executive and Management 626,399,500 IRR
Director of Product Management Executive and Management 801,601,200 IRR
Director of Project Management Executive and Management 841,201,100 IRR
Director of Revenue Management Executive and Management 738,001,600 IRR
Director of Training and Development Executive and Management 793,199,100 IRR
Distribution Manager Executive and Management 850,800,600 IRR
Division Manager Executive and Management 718,799,300 IRR
Duty Manager Executive and Management 724,799,600 IRR
Engagement Manager Executive and Management 910,800,200 IRR
Executive Director Executive and Management 1,223,998,800 IRR
Executive Manager Executive and Management 1,025,998,900 IRR
Franchise Manager Executive and Management 1,072,798,900 IRR
General Manager Executive and Management 972,001,000 IRR
Global Master Data Manager Executive and Management 862,800,800 IRR
Global Technical Lead Executive and Management 576,001,300 IRR
Head of Investment Executive and Management 821,999,500 IRR
Head of Middle Office Executive and Management 766,801,200 IRR
Head of Projects Executive and Management 807,601,500 IRR
Head of Strategy Executive and Management 913,198,600 IRR
Head of Supply Chain Executive and Management 745,198,100 IRR
Head of Sustainability Executive and Management 686,399,500 IRR
Housing Manager Executive and Management 673,200,600 IRR
HSE Manager Executive and Management 718,799,300 IRR
Key Account Manager Executive and Management 696,001,100 IRR
Knowledge Manager Executive and Management 772,799,000 IRR
Location Manager Executive and Management 793,199,100 IRR
Logistics Executive Executive and Management 663,598,500 IRR
Logistics Manager Executive and Management 643,200,500 IRR
Management Consultant Executive and Management 661,201,400 IRR
Management Executive Executive and Management 859,201,700 IRR
Manager Executive and Management 813,600,700 IRR
Managing Director Executive and Management 1,004,401,900 IRR
MIS Executive Executive and Management 860,400,100 IRR
Ocean Services Manager Executive and Management 908,398,300 IRR
Operational Manager Executive and Management 855,598,600 IRR
Operations Analyst Executive and Management 716,400,900 IRR
Operations Assistant Executive and Management 595,200,900 IRR
Operations Director Executive and Management 906,001,800 IRR
Operations Executive Executive and Management 891,598,200 IRR
Operations Manager Executive and Management 909,599,500 IRR
Operations Supervisor Executive and Management 796,799,900 IRR
Planning Director Executive and Management 886,800,200 IRR
PMO Manager Executive and Management 796,799,900 IRR
Policy Administration Executive Executive and Management 728,399,400 IRR
Product Development Manager Executive and Management 823,198,800 IRR
Product Executive Executive and Management 729,598,600 IRR
Production Executive Executive and Management 847,201,500 IRR
Production Manager Executive and Management 816,001,900 IRR
Production Supervisor Executive and Management 711,601,800 IRR
Program Director Executive and Management 901,199,500 IRR
Program Manager Executive and Management 847,201,500 IRR
Programme Coordinator Executive and Management 627,600,400 IRR
Project Control Manager Executive and Management 909,599,500 IRR
Project Coordinator Executive and Management 504,000,400 IRR
Project Management Officer Executive and Management 603,601,900 IRR
Project Manager Executive and Management 631,200,600 IRR
Project Portfolio Manager Executive and Management 682,798,600 IRR
Quality Manager Executive and Management 681,600,200 IRR
R/D Director Executive and Management 760,800,900 IRR
Regional Director Executive and Management 1,161,600,900 IRR
Regional Manager Executive and Management 828,000,300 IRR
Relationship Manager Executive and Management 840,000,800 IRR
Retail District Manager Executive and Management 612,001,500 IRR
Revenue Manager Executive and Management 680,400,600 IRR
Risk and Capital Manager Executive and Management 983,998,800 IRR
Risk Officer Executive and Management 659,999,500 IRR
Safety Manager Executive and Management 659,999,500 IRR
Section Head Executive and Management 620,398,800 IRR
Service Manager Executive and Management 659,999,500 IRR
Shift Supervisor Executive and Management 494,400,200 IRR
Solutions Manager Executive and Management 571,201,000 IRR
Supervisor Executive and Management 523,201,900 IRR
Supply Chain Manager Executive and Management 859,201,700 IRR
Surveyor Executive and Management 608,399,100 IRR
Technical Director Executive and Management 819,601,600 IRR
Technical Manager Executive and Management 840,000,800 IRR
Territory Manager Executive and Management 832,801,500 IRR
Validation Manager Executive and Management 729,598,600 IRR
Vice President Executive and Management 1,027,199,200 IRR
Zone Manager Executive and Management 886,800,200 IRR

Salary Comparison by City

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

City Average Salary
Tehran 847,201,500 IRR

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