The center of the right bank is considered the Golden Square, despite the fact that most of the prestigious real estate is located on the left bank. Here's Teleport's overview of income and salary rankings by profession in Almaty, Kazakhstan. Most expats have the use of a company car and driver, but manystill drive themselves. Hourly jobs pay per worked hour. The numbers become more significant if you consider one job title at a time. There are several theaters from cultural entertainment in Astana. Also, some large supermarkets have online stores with delivery. For years, it was in the shadow of its predecessor, Almaty, but it has matured and ever more corporate headquarters, embassies and consular services are moving north to Astana. At the end of March 2019, Nazarbayev resigned, the new president Tokayev proposed to name the capital after the first president of the country. The average salary for Banking is 9% more than that of All Jobs. You should be able to recover the costs in roughly a year or so. A person working in Kazakhstan typically earns around 387,000 KZT per month. Driving in Kazakhstan can be challenging, and those that have no experience driving during a harsh winter should be extra careful. Please. Employees that support and facilitate the work of revenue generators. Banking salaries in Kazakhstan range from 132,000 KZT per month (minimum average salary) to 864,000 KZT per month (maximum average salary, actual maximum is higher). Tengrinews.kz Kazakhstan no longer attractive for expats because of tenge depreciation: Deutsche Welle: 13 2015, 16:54 read more news and events on Tengrinews.kz . 38,931,699 KZT, 38,932,100 KZT - Cobbler Textile, Leather, Apparel Industry, 15. Your favorite products are always on store shelves, you can freely travel anywhere and do not risk waking up to the sound of an emergency siren (except in Almaty every first Thursday of the month). Job market in Kazakhstan Top 10 coolest jobs that you can actually have! Dive into the most extensive database of job salaries available. People with their own cars usually buy for a week in large hypermarkets (Magnum, Astykzhan, KenMart, Metro) or in markets that are usually located on the outskirts. On the right bank, the old part of the city is mainly located, on the left the new one. A cup of coffee costs 7001,000 tenge ($ 1.65 2.36) on average. Do you want mountains and canyons Almaty, the sea Aktau, rocky coniferous forests Semipalatinsk and Ust-Kamenogorsk, live on the coast Bukhtarma, reserves the entire central part of the country. Houses are available, but rents are much higher, and they'reexpensive to heat. How do I get a work permit for Kazakhstan? To take a bike, you can buy a season pass (preferable for city residents) or SMS payment (for tourists). For example, apartments in old Soviet houses in the golden square of the right bank can cost as much as apartments in new buildings in the center of the left bank. Whether it is drinking fermented camels milk or learning how to knock back endless vodka toasts, drinking is a cultural initiation expats will never forget. Overall good compensation and benefits for local employees in comparison to general country average salary, but way low than expats are earning. Get a free, personalized salary comparison. Become our local expat expert for your area! Expat wages The minimum wage in Kazakhstan is 22,859 KZT which works out at around $70 USD per month. The figures mentioned above are good approximations and are considered to be the standard. Please see www.pwc.com/structure for further details. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). Social tax is payable by employers in respect of employees (both locals and expatriates) at 9.5% on top of the employee's gross remuneration. Wages in Kazakhstan increased to 342083 KZT/Month in January from 313003 KZT/Month in December of 2022. source: Agency of Statistics of the Republic of Kazakhstan 1Y 5Y 10Y 25Y MAX Chart Compare Export API Embed Kazakhstan Average Monthly Wages In Kazakhstan, wages are benchmarked using average monthly earnings. Obligatory social insurance contributions Obligatory social insurance contributions are payable by employers at the rate of 3.5% to the State Pension Centre of Pension Payments. Lets pay it forward! Job salary calculator Software Engineer salaries in Almaty are very low. One- to three-bedroom apartments are the norm, but four-bedroom units are available if expats are willing to shop around. Usually jobs are classified into two categories: salaried jobs and hourly jobs. These types of bonuses are given without a reason and usually resemble an appreciation token. For 150 years of its history, the city changed its name four times: it was called Akmola, Tselinograd, Akmola. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. Be aware that while Russian is the language of commerce and spoken by most people, Kazakh is the national language and may be used for speeches, particularly by government ministers. 4,579,799 KZT, 4,580,300 KZT - Atyrau, Kazakhstan Salary | PayScale If your salary is higher than both of the average and the median then you are doing very well. Kazakhstanis arefriendly and welcoming, and while the expat community in cities such as Astana and Almaty is still relatively small, it's growing rapidly and there is an active international club for just about any interest. For example, in the Vatican you cannot get a divorce, in the DPRK to take pictures at a wedding without the symbols of the party in the frame, in China no one will help you if you drown (this is prohibited), and in Australia you will not be able to replace the light bulb in your house yourself if you are not an electrician. Prices for such burgers usually start at 3 thousand tenge ($ 7.09). Kazakhstan Guide: Income tax in Kazakhstan, Who is liable - Just Landed The most typical earning is 10,076,552 KZT. 36,641,599 KZT, 36,642,000 KZT - Where can you get paid more, working for a private company or for the government? By continuing to browse this site you agree to the use of cookies. Following closely behind, expats moving to oil-rich Russia and Kazakhstan are almost as likely to be offered such a package. Recently, they have been trying to develop the city according to the principle of polycentricity so that there is no obvious center and outskirts and each district is self-sufficient. Thousands of pink flamingos arrive there every year from April to September. A little more than a million people live in the capital of Kazakhstan. On the territory of the CIS, the legislation is more or less the same, adjusted for rigidity, but frankly absurd laws, the reality of which is difficult to imagine, have not touched Kazakhstan. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere, Copyright 2008-2023, Glassdoor, Inc. 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An expat who teaches English takes you into what it is like to live in the growing economy and rich culture of Kazakhstan. The price of secondary housing is influenced by many factors from the year the building was built, the district to the reputation of the construction company. Tailor Textile, Leather, Apparel Industry. Astana is a city for motorists. The numbers seem to support this tactic. Naturally the more years of experience the higher the wage. Look what is happening in the world arms races, foreign policy conflicts, wars on religious and territorial grounds horror. Expat Arrivals is looking for locals to contribute to this guide, and answer forum questions from others planning their move to Kazakhstan. 9 deadly resume mistakes that you must avoid. The national average annual increment for all professions combined is 8% granted to employees every 19 months. Others go to supermarkets and convenience stores. Relocating in Kazakhstan - How will I need to adapt my lifestyle ? Male employees in Kazakhstan who work in Banking earn 7% more than their female counterparts on average. Custodian Life Review 2022 should you buy? The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Single person estimated monthly costs: 533,490 KZT. Salaries vary drastically between different careers. The new town centre is safe to walk through until late at night, even for a woman alone. Food is much cheaper there than in the city. A Master's degree program or any post-graduate program in Kazakhstan costs anywhere from 1,940,000 Tenge(s) to 5,810,000 Tenge(s) and lasts approximately two years. But that's their official salary and they tend to make a little bit more by scrapping here and there. Prices for fruits and vegetables depend on the season and country of origin. Job Salaries in Kazakhstan - SalaryExpert Learn more about working in Kazakhstan in our interview with American expat Kristina. ), 1 min. Other important industries are agricultural machinery, construction materials, and electric motors. In this country, a Christian and a Muslim can first celebrate Nauryz, and later set the table for Easter. In most cases, a salary review is conducted once education is completed and the degree has been attained. Investors Trust Access Portfolio Review 2022, Arbuthnot Latham Bank Review 2022 part 1 Overview, Pictet Private Bank Review part 1 Picket Group Main Activities, Standard Chartered Private Bank Review part 1 Overview, Union Bancaire Prive Review part 1 Main Services, Standard Chartered (Hong Kong) Bank Time Deposit Account review, The Investment Platform (TIP) Mauritius Review. All rights reserved! High salaries in the financial sector and IT, national and international companies. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. On average, monthly expenses for treatment and medicines will be about 10,000 tenge (30 USD) per person, taking into account the absence of real health problems. Carer, Personal Assistant Medicine & Social Care, 12. The decision really depends on your situation and experience among many other factors. * Based on the average change in salary over time. All data are based on 147 salary surveys. Moving to and living in Kazakhstan | Expat Arrivals It is very difficult to negotiate contracts without a go-between you can trust to work out your pay and also the policies or rules of the hiring organization. Having an open mind and taking the time to get to know the locals will definitely help expats make the most of their experience in Kazakhstan. 22,900,799 KZT, 22,901,300 KZT - People in top positions can easily get double or triple bonus rates than employees down the pyramid. The displayed value has just informative character. Enter Your Salary and the Kazakhstan Salary Calculator will automatically produce a salary after tax illustration for you, simple. Reading from the salary distribution diagram, 25% of people working in Banking are earning less than 260,000 KZT while 75% of them are earning more than 260,000 KZT. Those who got bonuses reported rates ranging from 5% to 9% of their annual salary. Interview with Jolene A South African expat living in Kazakhstan, Interview with Ersatz A Dutch-Irish Expat Living in Astana, Interview with Kristina an American expat in Kazakhstan and Kyrgyzstan, Interview with Steven Hermans A Belgian expat in Almaty, Book Review: Drinking Camel's Milk in the Yurt: Expat Stories from Kazakhstan. One major difference between salaried employees and hourly paid employees is overtime eligibility. The median salary is 446,000 KZT per month, which means that half (50%) of people working in Banking are earning less than 446,000 KZT while the other half are earning more than 446,000 KZT. (This article was last updated on February 2, 2023.)