The Salary Market in Kazakhstan and What to Expect in 2025
The economy of Kazakhstan continues to demonstrate dynamic growth. However, despite the active development of production and business, the acute shortage of qualified specialists continues to be a challenge for the labor market. The shortage of personnel stimulates competition among employers, who are forced to offer more attractive conditions and raise salaries in order to retain valuable employees. In such conditions, it is important for companies not only to follow the trends in salaries, but also to understand the level of the average salary in the country, as well as the most sought-after bonuses and material compensations in different areas.
Experts of the Smart Solutions company prepared information on the current state of the salary market in Kazakhstan, analyzed the key trends of 2024 and the current market situation.
What happened to the salary market in 2024?
In 2024, the salary rate in Kazakhstan continued to grow. Today, indicators for specialist positions are:
- minimum salary – 100,000 tenge;
- average nominal salary – 403,251 tenge (+5.5% by 2023);
- median salary – 289,622 tenge (+16% by 2023);
The highest median salaries in Kazakhstan are recorded in the following cities:
- Astana – 321,000 tenge;
- Almaty – 316,000 tenge;
- Karaganda – 266,000 tenge.
The most in-demand professions and salary levels in 2024
Based on the analysis of the internal database and information from the market, the average salary level for key positions is:
- chief accountant – 700,000 up to 2 million tenge;
- sales manager – 350,000 up to 1.8 million tenge (depending on industry and experience) + bonuses;
- HR-generalist and HR-specialist – 500,000 up to 1.2 million tenge;
- administrative specialists – from 200,000 up to 700,000 tenge;
- consulting – the highest growth +21% by 2023;
- raw material extraction, construction, sales – +19% salary growth.
What to expect in 2025?
Taking into account the continued rise in prices for goods and services, a logical question is: will salaries in Kazakhstan increase in 2025? Forecasts for the current year suggest several key factors that will affect the level of salaries in Kazakhstan:
- the minimum salary is expected to rise to 120,000 tenge;
- in the private sector, salary increases will be between 8% and 14%;
- an increase in vacancies by 10-15% is predicted;
- expansion of social packages;
- changes in the work format: after a long period of remote and hybrid work, the company brings employees back to the office, offering various benefits and activities for employee involvement;
- the desire of the business to preserve the corporate culture through offline training and events;
- increase in demand for young specialists and students for mass recruitment.
What areas will be in demand in 2025?
According to the data of our partners and the results of internal research, in 2025 the greatest demand will be observed for specialists in the following areas:
- data analytics;
- sales management;
- logistics;
- IT and digital transformation;
- extraction of raw materials and construction.
The labor market of Kazakhstan continues to change, and the growth of competition among employers makes the question of the level of salary especially relevant. To remain competitive, companies need to regularly analyze employee salary expectations and market trends.
In response to these challenges, Smart Solutions specialists offer expert assistance in analyzing the salary market. This will allow your company to quickly adapt to current conditions, competently build a reward system and maintain high employee motivation.
“The situation on the labor market does not stand still and businesses must adapt to changes in time. Regular review of salaries becomes not just a formality, but a strategic necessity for companies. Analysis of the salary market is an investment in people, because employees increasingly evaluate not only the size of the salary, but also the fairness of its calculation. Companies that regularly study salary trends can adjust compensation packages in time, offer competitive conditions and thereby attract, retain and motivate employees,” – comments Tatiana Skachko, General Director of Smart Solutions Central Asia and the Caucasus.
Our specialists have extensive knowledge in key business areas and are fully focused on the salary market, even within the framework of highly specialized projects. We have the necessary resources to conduct high-quality and reliable research using all relevant data sources.
Smart Solutions is your reliable partner in the field of HR services and labor market analytics. Entrust the analysis of salaries to professionals and provide your company with sustainable development!
