Ulaanbaatar
Average salary reaches 884.3 thousand Togrog
EconomyUlaanbaatar /MONTSAME/ The National Statistics Office has calculated the average monthly salary on the basis of the payment of the income tax. As of the third quarter of 2016, the average monthly salary per an employee amounted to MNT 884,300, which represents a 47.4 percent increase against the same period in 2015, but a MNT 3,700 decrease from the previous quarter.
Dividing the companies by the numbers of employees, the average monthly salary stands at MNT 624,800 for companies with 1-9 personnel, MNT 728,400 for entities with 10-49 employees.
The amount is MNT 802,200 for companies with 50-99 staff, and MNT 932,900 for companies with 100-199 staff, and MNT 1,208,100 for companies with more than 200 employees.
