Average Toolmaker Salary in Palestine for 2024

In this article, we will look at the average Toolmaker salary for 2024 in Palestine 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 Egyptian pound. To keep things simple, we are using the EGP currency code instead of the currency symbol E£.

How Much Does a Toolmaker Make in Palestine?

A Toolmaker working in Palestine will typically earn around 7,240 EGP per year, and this can range from the lowest average salary of about 4,860 EGP to the highest average salary of 14,620 EGP.

Average Annual Salary
7,240 EGP
Average Monthly Salary
603 EGP

Lowest Annual Salary
4,860 EGP
Lowest Monthly Salary
405 EGP

Highest Annual Salary
14,620 EGP
Highest Monthly Salary
1,218 EGP

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

Toolmaker 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 Toolmaker Salaries in Palestine

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

Salary ranges

We already know that a Toolmaker can earn between 4,860 EGP and 14,620 EGP on average in Palestine. 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 Toolmaker in Palestine is 8,780 EGP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 8,780 EGP, and 50% of the population earn more than 8,780 EGP.

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 Toolmaker salary in Palestine, 25% of the population are earning less than 5,160 EGP while 75% of the population earn more than 5,160 EGP.

75% of the population earn less than 12,020 EGP, and 25% of the population earn more than 12,020 EGP.

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.

Toolmaker Salary by Experience Level in Palestine

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 toolmaker 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 Toolmaker in Palestine that has less than two years of experience can expect to earn somewhere in the region of 6,760 EGP.
  • 2 - 5 Years Experience. With two to five years of experience the average Toolmaker salary would increase to 8,440 EGP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Toolmaker, the average salary would be 7,800 EGP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 12,300 EGP.
  • 15 - 20 Years Experience. A Toolmaker with 15 to 20 years of experience can earn an average of 12,180 EGP.
  • 20+ Years Experience. For a Toolmaker with more than 20 years, the expected average salary increases to 10,980 EGP.

Average Salary by Experience Chart

0-2 Years
6,760 EGP
2-5 Years +34%
8,440 EGP
5-10 Years +30%
7,800 EGP
10-15 Years +21%
12,300 EGP
15-20 Years +9%
12,180 EGP
20+ Years +5%
10,980 EGP

Toolmaker Salary by Education Level in Palestine

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 Toolmaker in Palestine 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 Toolmaker in Palestine with a high school education can earn an average salary of 5,620 EGP.

  • Certificate or Diploma. A Toolmaker in Palestine with a certificate or diploma education can earn an average salary of 9,360 EGP.

  • Bachelor's Degree. A Toolmaker in Palestine with a bachelor's degree education can earn an average salary of 12,200 EGP.

Average Salary by Education Chart

High School
5,620 EGP
Certificate or Diploma +43%
9,360 EGP
Bachelor's Degree +38%
12,200 EGP

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 Palestine is around 8,540 to 25,600 EGP 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.

Toolmaker 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 Palestine, a male toolmaker will earn an average of 9,440 EGP, while a female toolmaker will earn around 8,780 EGP.

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

Average Salary by Gender Chart in Palestine

Male
9,440 EGP
Female -8%
8,780 EGP

Toolmaker Average Pay Raise in Palestine

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 Toolmaker in Palestine is around 6% every 29 months.

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

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

Annual Pay Raise by Industry in Palestine for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Toolmaker Bonus and Incentive Rates in Palestine

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 Toolmaker is a low bonus based job, with 9% of employees reporting at least one bonus in the last 12 months.

91% 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
9%
No Bonus
91%

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 Palestine earn approximately 2% more than private sector employees in the same role.

Public Sector
20,760 EGP
Private Sector -2%
20,300 EGP

Salaries for Jobs Similar to a Toolmaker

In the table below, we have salary information for jobs that are similar to a Toolmaker in Palestine.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 6,700 EGP
Assembly Line Worker Factory and Manufacturing 6,480 EGP
Assembly Supervisor Factory and Manufacturing 7,240 EGP
Assistance Maintenance Manager Factory and Manufacturing 20,940 EGP
Assistant Shipping Manager Factory and Manufacturing 16,140 EGP
Chemical Equipment Controller Factory and Manufacturing 13,700 EGP
Chemical Technican Apprentice Factory and Manufacturing 10,220 EGP
CNC Machinist Factory and Manufacturing 12,620 EGP
CNC Operator Factory and Manufacturing 13,060 EGP
CNC Programmer Factory and Manufacturing 14,540 EGP
Colour Technologist Factory and Manufacturing 6,080 EGP
Contracts Manager Factory and Manufacturing 22,540 EGP
Data Collection Coordinator Factory and Manufacturing 9,440 EGP
Demand Planner Factory and Manufacturing 7,240 EGP
Derrick Operator Factory and Manufacturing 5,720 EGP
Director of Manufacturing Factory and Manufacturing 35,300 EGP
Dock Worker Factory and Manufacturing 6,760 EGP
Drying Technician Factory and Manufacturing 6,760 EGP
Equipment Operator Factory and Manufacturing 4,320 EGP
Export Sales Coordinator Factory and Manufacturing 15,920 EGP
Factory Superintendent Factory and Manufacturing 9,020 EGP
Factory Worker Factory and Manufacturing 5,160 EGP
Failure Analysis Technician Factory and Manufacturing 7,080 EGP
Fiberglass Laminator Factory and Manufacturing 5,400 EGP
Food Technologist Factory and Manufacturing 8,880 EGP
Forklift Driver Factory and Manufacturing 5,720 EGP
Forklift Operator Factory and Manufacturing 6,180 EGP
Forming Machine Operator Factory and Manufacturing 5,400 EGP
Furnace Operator Factory and Manufacturing 6,700 EGP
Gas Appliance Repairer Factory and Manufacturing 5,720 EGP
General Warehouse Associate Factory and Manufacturing 10,320 EGP
Heavy Equipment Operator Factory and Manufacturing 7,620 EGP
HSE Manager Factory and Manufacturing 23,140 EGP
Industrial Engineer Factory and Manufacturing 19,640 EGP
Industrial Machinery Mechanic Factory and Manufacturing 9,940 EGP
Industrial Production Manager Factory and Manufacturing 32,960 EGP
Industrial Safety and Health Engineer Factory and Manufacturing 16,720 EGP
Intake Operator Factory and Manufacturing 5,960 EGP
Key Account Manager Factory and Manufacturing 25,720 EGP
Lift Truck Operator Factory and Manufacturing 3,940 EGP
Loading Supervisor Factory and Manufacturing 12,020 EGP
Logistic Coordinator Factory and Manufacturing 11,880 EGP
Logistics Clerk Factory and Manufacturing 8,440 EGP
Machine Operator Factory and Manufacturing 3,940 EGP
Machinist Factory and Manufacturing 5,160 EGP
Maintenance Manager Factory and Manufacturing 21,400 EGP
Maintenance Store Clerk Factory and Manufacturing 5,620 EGP
Manufacturing Engineer Factory and Manufacturing 16,340 EGP
Manufacturing Engineering Manager Factory and Manufacturing 29,040 EGP
Manufacturing Engineering Technologist Factory and Manufacturing 21,640 EGP
Manufacturing Manager Factory and Manufacturing 32,200 EGP
Manufacturing Operative Factory and Manufacturing 7,820 EGP
Manufacturing Production Technician Factory and Manufacturing 7,620 EGP
Manufacturing Supervisor Factory and Manufacturing 13,100 EGP
Manufacturing Technician Factory and Manufacturing 6,080 EGP
Materials Manager Factory and Manufacturing 27,020 EGP
Materials Supervisor Factory and Manufacturing 14,140 EGP
Mechanical Fitter Engineer Factory and Manufacturing 20,120 EGP
Mechanical Foreman Factory and Manufacturing 5,720 EGP
Merchandise Planner Factory and Manufacturing 9,980 EGP
Metrology Engineer Factory and Manufacturing 15,920 EGP
Operations Engineer Factory and Manufacturing 16,140 EGP
Operations Manager Factory and Manufacturing 28,660 EGP
Order Management Coordinator Factory and Manufacturing 12,580 EGP
Order Processing Manager Factory and Manufacturing 24,840 EGP
Order Selector Factory and Manufacturing 5,520 EGP
Package Handler Factory and Manufacturing 5,720 EGP
Packaging Manager Factory and Manufacturing 17,760 EGP
Packer Factory and Manufacturing 3,940 EGP
Packing Deputy Supervisor Factory and Manufacturing 12,240 EGP
Planning Manager Factory and Manufacturing 25,940 EGP
Plant Manager Factory and Manufacturing 28,680 EGP
Precision Instrument Repairer Factory and Manufacturing 7,240 EGP
Process Technician Factory and Manufacturing 7,620 EGP
Product Manager Factory and Manufacturing 29,640 EGP
Production Analyst Factory and Manufacturing 25,220 EGP
Production Director Factory and Manufacturing 35,340 EGP
Production Engineer Factory and Manufacturing 17,860 EGP
Production Engineering Supervisor Factory and Manufacturing 27,620 EGP
Production Inspector Factory and Manufacturing 19,360 EGP
Production Laborer Factory and Manufacturing 6,480 EGP
Production Manager Factory and Manufacturing 33,960 EGP
Production Operator Factory and Manufacturing 7,300 EGP
Production Scheduler Factory and Manufacturing 13,560 EGP
Production Supervisor Factory and Manufacturing 16,980 EGP
Production Technician Factory and Manufacturing 7,300 EGP
Production Worker Factory and Manufacturing 7,040 EGP
Quality Control Analyst Factory and Manufacturing 22,540 EGP
Quality Control Inspector Factory and Manufacturing 20,120 EGP
Quality Control Manager Factory and Manufacturing 25,660 EGP
Service Technician Factory and Manufacturing 7,620 EGP
SHEQ Officer Factory and Manufacturing 9,020 EGP
Shipping Manager Factory and Manufacturing 25,440 EGP
Small Engine Mechanic Factory and Manufacturing 9,980 EGP
Spray Painter Factory and Manufacturing 5,160 EGP
Sterile Processing Technician Factory and Manufacturing 5,520 EGP
Structural Welder Factory and Manufacturing 6,480 EGP
Supply Chain Operative Factory and Manufacturing 17,540 EGP
Technical Operator Factory and Manufacturing 6,280 EGP
Technology Development Manager Factory and Manufacturing 31,980 EGP
Testing Technician Factory and Manufacturing 13,060 EGP
Warehouse Forklift Operator Factory and Manufacturing 5,400 EGP
Warehouse Operative Factory and Manufacturing 6,960 EGP
Warehouse Worker Factory and Manufacturing 5,620 EGP
Warranty Handler Factory and Manufacturing 9,740 EGP
Welder Factory and Manufacturing 6,480 EGP
Workshop Manager Factory and Manufacturing 19,380 EGP

Salary Comparison by City

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

City Average Salary
Diffah 9,460 EGP
Gazza 7,800 EGP
Jerusalim 7,800 EGP
Ramallah 9,020 EGP

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 Toolmaker Salary in Palestine for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-toolmaker-salary-in-palestine/.

  • "Average Toolmaker Salary in Palestine for 2024". World Salaries, https://worldsalaries.com/average-toolmaker-salary-in-palestine/. Accessed 28 March, 2024

  • Average Toolmaker Salary in Palestine for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-toolmaker-salary-in-palestine/.