A person working in Insurance in Turkey typically earns around 7,760 TRY. Salaries range from 2,910 TRY (lowest average) to 15,100 TRY (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Insurance domain in Turkey exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
| Job Title | Average Salary |
Salaries in Insurance in Turkey range from 2,910 TRY (starting average salary) to 15,100 TRY (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Insurance is 7,170 TRY, implying that half of the workforce in Turkey earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Insurance in Turkey earn less than 5,540 TRY, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 8,670 TRY, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Insurance in Turkey. The analysis revealed that roughly 65% of all reported salaries fell within the range of 3,970 TRY to 6,720 TRY. Approximately 20% of salaries were below the 3,970 TRY mark, while 10% ranged from 6,720 TRY to 7,960 TRY. Only 5% of individuals earned a gross salary of 7,960 TRY or higher.