Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. The decision really depends on your situation and experience among many other factors. Salaries in Armenia range from 196,000 AMD per month (minimum salary) to 3,460,000 AMD per month (maximum average salary, actual maximum is higher). Closely related to the median are two values: the 25th and the 75th percentiles. A Master's degree program or any post-graduate program in Armenia costs anywhere from 3,880,000 Armenian Dram(s) to 11,600,000 Armenian Dram(s) and lasts approximately two years. ($ 1 - AMD 485.25). The amount of the bonus will probably be different from person to person depending on their role within the organization. Enter the website you can use your account on any of the following services. The median salary is 729,000 AMD per month, which means that half (50%) of the population are earning less than 729,000 AMD while the other half are earning more than 729,000 AMD. Publish your articles and forecasts in our website. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region.
Companies within thriving industries tend to provide higher and more frequent raises. Registration If your wage is between the average and the median, then things can be a bit complicated.
2010-2020 Data | 2021-2022 Forecast | Historical. Both are indicators. YEREVAN, August 25. Also from the diagram, 75% of the population are earning less than 1,970,000 AMD while 25% are earning more than 1,970,000 AMD. We wrote a guide to explain all about the different scenarios. Average salary in Armenia grows 5.4% in Jan-June 2020. Their expertise is usually different from that of the core business operations. –0--, 10:54 Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. Back to actual values, the average take-home salary in Romania in 2020 is around 3,000 RON per month (625 Euros).
In July 2020, compared to June 2020, this figure increased by 5.4%, and in July 2020, compared to July 2019, by 2.5%. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Granted upon achieving an important goal or milestone. * Based on the average change in salary over time. So who gets paid more: men or women? A person working in Teaching / Education in Armenia typically earns around 822,000 AMD per month.
You can't really expect any salary increases during the study period, assuming you already have a job. We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. One major difference between salaried employees and hourly paid employees is overtime eligibility. Employees that are directly involved in generating revenue or profit for the organization. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? Those figures are presented as guidelines only. Those figures should be taken as general guidelines. If the average [monthly] salary per job was 193 thousand 955 drams in July 2019, 198 thousand 335 drams in June 2020, in July 2020, that number has already made 207 thousand 795 drams. Advanced 2019/20 Survey. Armenian Wines event kicks off in Moscow.
The hourly wage is the salary paid in one worked hour.
The figures provided here are averages of numbers. At the reporting period, the average nominal salary in Armenia amounted to 187,224 drams. Those who got bonuses reported rates ranging from 3% to 5% of their annual salary. Let me remind that since April 2020, the government has adopted a number of anti-crisis measures aimed at preserving jobs and preventing wage declines. This is the average monthly salary including housing, transport, and other benefits. Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. /ARKA/. The National Statistical Committee says the indicator slid 0.3% in June 2020, compared to the previous month, but went 1.5% up, compared …
If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
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