The salary structure in Egypt for 2024 is designed to accommodate a variety of factors, including location, industry, and experience level. This article provides a comprehensive overview of the Average Salary in Egypt to 2024, highlighting the compensation landscape.
The Egyptian Pound used to pay salaries in Egypt is known as EGP, and the currency symbol is E£, ج.م. By considering these key elements, individuals can gain a better understanding of the dynamic job market in Egypt and make more informed decisions regarding their career and financial planning.
Salary in Egypt by Year and Month
We’ve recently conducted surveys in Egypt, and the valuable findings are conveniently presented in the table below. This data encompasses both monthly and annual salary information, offering you a comprehensive view of income trends in the region. Explore the details and gain insights into the economic landscape of Egypt based on our survey results
| Annual Salary | Lowest 28,660 EGP | Average 111,900 EGP | Maximum 493,000 EGP |
|---|
In the table above, we’ve meticulously outlined the annual salary statistics for Egypt, offering a comprehensive view of income trends. Similarly, we’ve provided a breakdown below for a more detailed perspective on monthly earnings. This dual presentation allows you to grasp both the bigger picture and the finer nuances of income structures in Egypt, aiding your understanding of this dynamic economic landscape.
| Monthly Salary | Lowest 2,388 EGP | Average 9,325 EGP | Maximum 41,083 EGP |
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Comparison of Salaries in Egypt Cities
As depicted in the preceding tables, we’ve analyzed the contrast between annual and monthly salaries in Egypt. We now present a city-specific salary comparison, illustrating the diversity in compensation nationwide. It’s important to note that these figures represent average salaries, and actual earnings may vary depending on location, experience, and job role.
| City Names | Average Salary (by month in 2024) |
|---|---|
| Cairo | 9,500 EGP |
| Alexandria | 8,900 EGP |
| Giza | 9,200 EGP |
| Shubra El-Kheima | 7,800 EGP |
| Port Said | 8,200 EGP |
| Suez | 8,000 EGP |
| Luxor | 7,500 EGP |
| Al-Mansura | 7,700 EGP |
| El-Mahalla El-Kubra | 7,600 EGP |
| Tanta | 7,500 EGP |
| Asyut | 7,400 EGP |
| Ismailia | 7,300 EGP |
| Fayyum | 7,200 EGP |
| Zagazig | 7,100 EGP |
| Aswan | 7,000 EGP |
| Damietta | 6,900 EGP |
| Damanhur | 6,800 EGP |
| Al-Minya | 6,700 EGP |
| Beni Suef | 6,600 EGP |
| Qena | 6,500 EGP |
| Sohag | 6,400 EGP |
| Hurghada | 6,300 EGP |
| Shebin El-Kom | 6,200 EGP |
| El Obour City | 6,100 EGP |
| Madinet Borg El Arab | 6,000 EGP |
| Kafr El-Shaikh | 5,900 EGP |
| Akhmim | 5,800 EGP |
| Mallawi | 5,700 EGP |
| Mit Ghamr | 5,600 EGP |
| Qalyub | 5,500 EGP |
Salary Overview – Median, Max, Min Wage, Starting, and Ranges
In this informative section, we will delve into the percentage of individuals earning high and low salaries. Additionally, we will provide insights into starting, median, and maximum salary levels, offering a comprehensive understanding of income trends and their underlying factors.
- Minimum Salary in Egypt
As mentioned earlier, salary in Egypt often depends on experience. The minimum and starting monthly salary in Egypt is 2,388 EGP, with variations based on one’s experience level. Notably, 26% of Egypt’s population earns a basic salary of 2,388 EGP per month, which includes most of the labor.
- Average Salary in Egypt
As previously discussed, salaries in Egypt exhibit variations in line with experience. The median/average monthly salary in Egypt stands at 9,325 EGP, with a quarter of the population, approximately 28%, earning this figure.
This median wage serves as a crucial benchmark for salary comparisons, considering the diverse experience levels within the workforce.
- Maximum Salary in Egypt
Continuing our exploration of salary dynamics in Egypt, we turn to maximum earnings. The maximum monthly salary in Egypt reaches 41,083 EGP including employees of some famous private companies and government officials.
Specifically, about 46% of the population falls within this range. Understanding this upper limit provides valuable insight into the earning potential of a significant portion of the workforce in Egypt.
Salary Comparison by Experience in Egypt
Securing a competitive salary in any sector or organization hinges on valuable work experience, and Egypt is no exception. In Egypt’s employment landscape, individuals without prior experience typically receive the minimum wage. However, those with 1 to 5 years of experience enjoy an 8% pay increase, while those with 6 to 10 years see a 15% boost in earnings.
For professionals boasting 11 to 20 years of experience, the premium extends to 20%, and those with over 21 years of expertise are rewarded with a substantial 27% salary enhancement. This structured approach to compensation demonstrates Egypt’s recognition of the significance of experience in determining wages.
| Experience Year | Increase in income |
|---|---|
| 0 Years Experience | lowest Income |
| 1-5 years of experience | 8% Boosted |
| 6-10 years of experience | 15% Boosted |
| 11-20 years of experience | 20% Boosted |
| More than 21 years of experience | 27% Boosted |
Salary Comparison by Education in Egypt
In examining the correlation between education levels and income in Egypt, a clear pattern emerges. The data reveals that educational qualifications play a pivotal role in determining salary scales:
- Illiterate Salary in Egypt
This group typically receives the Lowest salary, with no significant income increase associated with education.
- High School Graduates Salary in Egypt
Those who completed high school outperform the illiterate population, enjoying a notable 16% salary increase.
- Certificate or Diploma Holders Salary in Egypt
Individuals with a certificate or diploma go a step further, securing a substantial 23% higher income compared to high school graduates.
- Bachelor’s Degree Holders Salary in Egypt
The pursuit of a Bachelor’s Degree significantly enhances earning potential, as these professionals earn 28% more than those with a certificate or diploma.
- Ph.D. Holders Salary in Egypt
While those with a Bachelor’s Degree experience impressive earnings, those who have earned a Ph.D. receive a noteworthy 22% boost in income compared to Bachelor’s Degree holders. This data underscores the substantial impact of education on income levels in Egypt.
Salary Comparison By Gender in Egypt
| Experience Year | Increase in income |
|---|---|
| Male | 6% more than Females |
| Female | 6% less than men |
Men generally earn 6% more than women, which shows that Males earn more than Females. Conversely, Females earn 6% less than males in Egypt. These disparities underscore ongoing challenges in achieving gender wage equality. Addressing these gaps is crucial for creating a fair and equitable work environment that values the contributions of both males and females, ensuring equal opportunities and rewards for all.
Salary Comparison By Professions in Egypt
In Egypt, a diverse array of professions flourish, each offering unique opportunities and salary structures. Understanding the monthly earnings associated with these occupations can be extremely helpful for individuals seeking employment or considering a career change in this dynamic and growing economy.
Below are some of the Egypt professions and their salaries:
| Profession | Salary (by month in 2024) |
|---|---|
| Doctors | 41,083 EGP |
| Engineers | 5,530 EGP |
| IT Professionals | 8,400 EGP |
| Investment Bankers | 6,600 EGP |
| Pilots | 7,300 EGP |
| Management Consultants | 5,450 EGP |
| Lawyers | 4,270 EGP |
| Dentists | 5,100 EGP |
| Pharmacists | 6,100 EGP |
| Labor | 2,600 EGP |
| Accountant | 4,200 EGP |
| Architect | 6,430 EGP |
| Barber | 4,800 EGP |
| Chef | 4,570 EGP |
| Electrician | 4,500 EGP |
| Fashion Designer | 7,210 EGP |
| Financial Analyst | 9,216 EGP |
| Firefighter | 6,300 EGP |
| Graphic Designer | 6,800 EGP |
| Human Resources Manager | 4,110 EGP |
| Journalist | 10,900 EGP |
| Judge | 11,500 EGP |
| Marketing Manager | 8,300 EGP |
| Nurse | 4,100 EGP |
| Occupational Therapist | 3,540 EGP |
| Painter | 4,000 EGP |
| Police Officer | 9,800 EGP |
| Real Estate Agent | 5,208 EGP |
| School Teacher | 7,476 EGP |
| Technical Writer | 9,160 EGP |
Bonuses on Salary in Egypt
Several types of bonuses are considered in employment:
- Individual Performance-Based Bonuses: Employees receive rewards based on their exceptional performance.
- Company Performance Bonuses: Some companies share excess earnings and profits with all staff as collective bonuses, varying by role.
- Goal-Based Bonuses: Given upon achieving significant goals or milestones.
- Holiday / End of Year Bonuses: These are appreciation tokens offered without specific reasons or occasions.
FAQs
The average hourly wage in Egypt stands at 171 EGP, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 9.95 EGP, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in Egypt.
There exists an approximately 9% salary disparity between government and private sector employment in Egypt. Government employees tend to enjoy a 9% salary advantage, accompanied by additional benefits such as housing and car allowances. This discrepancy reflects the variations in compensation packages and perks that are often extended to those in public service roles in Egypt.
In 2024, living in Egypt entails various costs. For accommodation, monthly rent ranges from 5,000 EGP to 18,000 EGP. Grocery expenses vary from 1,200 EGP to 3,000 EGP for a single person or a family of four. Dining out costs between 100 EGP to 200 EGP + per person.
Transportation includes a monthly pass for 200 EGP-450 EGP and taxi rides for 150-250 EGP. Utilities may total 300 EGP-9,000 EGP per month, phone bills 80 EGP-190 EGP, gym memberships 220 EGP-320 EGP, and movie tickets 10-50 per person EGP.
Egypt offers relatively affordable living, yet careful budgeting is advised, as individual circumstances may lead to variations in costs.