In recent years, Egypt has become a prominent choice for outsourcing due to its skilled workforce, favorable business environment, and competitive costs. The average salary in Egypt is 156, 526 EGP which corresponds to 5065.40 USD.
Egypt Average Salary
According to the Central Agency for Public Mobilization and Statistics (CAPMAS), the total wage in Egypt is around 358,702,149 EGP which is approximately equivalent to 11606868.35 USD.
The average monthly salary in Egypt is nearly 13,244 EGP which corresponds to 428.59 USD. The Average annual salary in Egypt is 156,526 EGP which is around 5065.40 USD according to Salary Expert. The Average hourly wage in Egypt is 75.25 EGP which is nearly 2.44 USD.
Minimum Wage in EgyptÂ
Minimum wage is the minimum mandated amount of wages that employers must pay their employees for the work done within a specified time frame, usually to ensure suitable salaries and protect against exploitation. According to the State Information Service of Egypt, the minimum wage in Egypt is around 3,500 EGP which corresponds to 113.26 USD.
Median Salary
According to Salary Explorer, the median wage in Egypt is 7,870 EGP which corresponds to 254.66 USD.
This number indicates the remuneration received usually in various jobs and industries in Egypt. Being aware of such figures enables employers and employees for a smart deal on salary.
Maximum Salary
The maximum salary in Egypt is nearly 41,100 EGP which is approximately equivalent to 1330.10 USD.
Factors Influencing Average Salary in Egypt
Two factors influence the average salary in Egypt. They are:
1. Average Salary by Occupation
Average salaries by different industries are listed below:
| Profession | Average Salary |
|---|---|
| Engineering | 9000 EGP |
| Information Technology (IT) | 14,300 EGP |
| Teaching/ Education | 7,330 EGP |
| Human Resources | 13,700 EGP |
| Health & Medical | 21,100 EGP |
| Accounting & Finance | 17,800 EGP |
| Banking | 15,500 EGP |
| Police Officer | 5,430 EGP |
| Customer Service & Call Center | 12,100 EGP |
Source: Salary Explorer
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Average Salary by City
Average salaries by different cities are listed below:
| City | Average Salary |
|---|---|
| Alexandria | 8,920 EGP |
| Cairo | 9,820 EGP |
| Sharm ei-Sheik | 8,420 EGP |
4 Key Reasons Why Egypt Can Be a Good Outsourcing Destination?
There are 4 main reasons why Egypt can be a good outsourcing destination. They are listed below:
1. Skilled workforce
In Egypt, many skilled workers have been trained well, especially in areas like technology, engineering, finance, and helping customers. The people working in this company are good at speaking different languages like English, Arabic, and French. This helps them serve customers from many different countries.
2. Saving Money
Doing business in Egypt costs less compared to many Western countries. This means many companies can save a lot of money by outsourcing work there. It’s cheaper because things like paying workers, renting buildings, and taxes are lower, making Egypt a good choice for businesses that want to save money.
3. Good Location
Egypt is located in a place where Africa, Europe, and the Middle East meet. This makes it a good spot for helping clients from many different areas. Being close to important markets makes it easier to talk to people, move things around, and do business smoothly.
4. Government Support
The Egyptian government is helping the outsourcing industry by giving tax breaks, improving infrastructure, and encouraging investment. They want to bring in more money from other countries, make the economy grow, and create more jobs in outsourcing.
Are You Exploring Egypt as an Outsourcing Destination?
Are you thinking about getting some help with your work from Egypt? If you are, you are on the right track! Egypt is becoming a popular choice for getting work done because they have skilled workers, and it doesn’t cost too much. But how can you ensure your work goes smoothly when you get help from Egypt?
Find How Time Champ Can Support Your Success!
Enter Time Champ employee productivity software. This powerful tool offers a range of features designed to support your outsourcing journey and maximize your success.
Employee Productivity
Time Champ allows you to monitor your workers’ productivity and ensure they are concentrating on their work very well and behaving according to the company’s standards.
It helps you to score their completion of tasks, and watch their total output. This would help you to pinpoint the areas where they need any assistance or guidance and thus you would be in a position to provide them with the necessary support so that they may reach their career goals.
With Time Champ, you have all the power to leverage and perfect your team’s projects, while keeping the outsourcing desired goals at their highest levels.
Project Management
Organize your outsourcing projects simply with our project management tools. Keep on a tab, divide the tasks among members, follow up on them, and work smoothly in teamwork with your group.
The software product is easy to use and can help in organizing your projects with user-friendly features and navigation and can enable you to work optimally. In the same way, our support team is always ready to help and guide you along the way avoiding any difficulties.
Automated Attendance
No longer need to quickly note the attendance by hand! With its built-in, automated Time Champ feature, now it’s simpler than ever to track your employees’ working time accurately. Forget to record your work in a paper format and get exactly the right payroll with ease!
It takes only one time to install, but Time Champ will do the job of tracking attendance by itself since it can track it automatically. This means that we will handle all the paperwork for you and with that, you get time to focus on other important tasks. Moreover, our application with a user-friendly interface offers the best and simplest attendance management.
Insight Dashboards & Reports
Learn how Time Champ automates the process of tracking progress with customizable Insight Dashboards and Reports which are visually easier to understand. Get a real-time performance overview for your team and understand what needs to be changed. Take advantage of this kind of information to improve your decisions every day. Keep on doing your best.
As compared to how Time Champ provides you with data visualization which ensures that you can see with certainty how productive you and your team are, hence, allowing you to identify your team’s strengths and the areas that need you to concentrate on.
Ready to unlock the full potential of outsourced or remote employees?Â
So why wait? Try Time Champ now and see how Time Champ can help you succeed!
Signup for FreeBook DemoConclusion and Final Thoughts
In conclusion, the average salary in Egypt reveals that challenges and opportunities emerge for both individuals and enterprises. While inequalities affect sectors and regions differently, the analysis of such ways is of great importance for intelligent decisions.
In this regard, Time Champ software provides a perfect way to control productivity accurately.
Ready to improve your team’s efficiency to new heights? Schedule your free demo of Time Champ to start your journey toward enhanced productivity.
Also Read: Find 18 best call center outsourcing companies in the world
FAQ’s
The average pay in Egypt depends on some factors such as profession, experience, and industry. However, for the most recent figures, the average wage has reached 7,870 EGP which is equivalent to about 254.66 USD. The average monthly wage in Egypt is around 13,244 EGP which is equivalent to 428.59 USD. The average annual wage is around 156,526 EGP which is equivalent to 156, 526 EGP which is approximately equal to 5065.40 USD.
Industries like IT, engineering, finance, and oil and gas pay much more than others following the logic of demand for unusual skills and higher professionalism. The IT field, in particular, is in demand, and those with a skill set addressing the industry’s needs for software development, cybersecurity, and data analysis are in great demand, with competitive salaries.
Salaries could vary equally from spot to spot within Egypt. Although Cairo and Alexandria offer greater earnings because of the presence of schools, stores, shops, and industries, which generate more job opportunities, the rate of payment in other rural regions may be lower. Factors including cost of living, skill demand, and task-related opportunities can also shape salary differences between urban and rural areas.
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Of course, there is a potential for growth in the same in Egypt since the market is fast growing and most of the skills that are required in different sectors are getting increased. Lifelong learning, increased work experience, and following industry trends are all excellent contributors to a desirable career advancement path.
Education level, experience, knowledge, skills, industry demand, responsibility for a job, and negotiation abilities are many of the factors that affect how much money an individual makes in Egypt. Moreover, the economic situation and policies implemented by a particular company are taken into consideration when the rate is decided. As the case, geographical location within Egypt can lead to different salary levels for employees working in urban or rural areas where wages are mostly dependent on the degree of urbanization and cost of living.
