Salaries for jobs in Sri Lanka - Paylab.com (2023)

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What is considered a good salary in Sri Lanka? ›

The gross salary range for people working in Sri Lanka is typically from 26,547 LKR (minimum salary) to 123,704 LKR (highest average, actual maximum salary is higher).

What is minimum wage in Sri Lanka? Minimum Wages in Sri Lanka remained unchanged at 12500 LKR/Month (40.662 USD/Month) in 2022. The maximum rate of minimum wage for employees was 10000 LKR/Month and minimum was 10000 LKR/Month.

The estimated base pay is LKR 185,000 per month.

A family of four estimated monthly costs are 1,595.5$ (491,481.3Rs) without rent. A single person estimated monthly costs are 448.2$ (138,054.5Rs) without rent. Cost of living in Sri Lanka is, on average, 54.5% lower than in United States. Rent in Sri Lanka is, on average, 86.0% lower than in United States.

Sri Lanka achieved 'Upper Middle Income Country' (UMIC) status in July 2019, as the country's Gross National Income (GNI) increased from USD 3,840 per capita in 2018 to USD 4,060 per capita in 2019. World Bank's (WB) new threshold for UMICs is USD 3,996 – USD 12,375 GNI per capita.

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Salary range for the majority of workers in Domestic housekeepers - from LKR22,411 to LKR64,659 per month - 2023. A Domestic housekeepers typically earns between LKR22,411 and LKR44,876 net per month at the start of the job.

The current minimum wage in Sri Lanka is LKR12,500.00 per month in 2023. It became valid on August 16, 2021.

What Is Basic Salary? Basic salary, also called base salary, is the amount of money a salaried employee regularly earns before any additions or deductions are applied to their earnings.

What is the minimum salary of software engineer in Sri Lanka? ›

The estimated base pay is LKR 115,000 per month.

The main economic sectors of the country are tourism, tea export, apparel, textile, rice production and other agricultural products. In addition to these economic sectors, overseas employment contributes highly in foreign exchange, 90% of expatriate Sri Lankans reside in the Middle East.

The Dream Home Visa Program is a retirement program that permits foreigners to retiree and reside in Sri Lanka.

Colombo (Sri Lanka) has been ranked amongst the 10 cheapest cities in the world in this year's Worldwide Cost of Living survey (WCOL), run by the Economist Intelligence Unit (EIU).

Therefore, $100 USD would be equivalent to around 36,500 LKR.

Sri Lanka Annual Household Income per Capita reached 1,422.182 USD in Jun 2019, compared with the previous value of 1,385.427 USD in Jun 2016. Sri Lanka Annual Household Income per Capita data is updated yearly, available from Jun 1981 to Jun 2019, with an averaged value of 577.877 USD.

53,333 in 2019. The real mean household income per month has been reported as Rs. 57,292 based on 2012/13 (adjusted for the inflation of prices using the National Consumer Price Index (NCPI)) showing an increase of approximately 7.8 percent from 2016 to 2019.

What is the lowest class in Sri Lanka? ›

The caste system among the Sri Lankan Tamils ​​in Jaffna was a caste system based on religion, social inequality, discrimination and social segregation, with the predominant caste being the "Vellalar" caste and the "Panchamars" occupying the lowest position in the caste hierarchy in the area.

Live-in maids, the most common form of domestic employment in Sri Lanka, are paid around Rs 8,000 per month, or more depending on the employers capabilities.

The cost of living in Sri Lanka is $344, which is 2.84 times less expensive than the world average. Sri Lanka ranked 195th out of 197 countries by cost of living and the 99th best country to live in. The average salary after taxes in Sri Lanka is $154, which is enough to cover living expenses for 0.4 months.

The average salary in the United States was $58,260, with an average hourly wage of $28.01, according to the May 2021 National Occupational Employment and Wages Estimates from the BLS. As of 2021, it's estimated that women in the U.S. earn about 83 cents for every dollar that a man earns.

Requirements to Obtain Sri Lanka Work Visas

To apply for a residence visa to live and work in Sri Lanka, applicants will need to provide the following documents: A letter from the applicant's employer in Sri Lanka. A Board of Investment (BOI) certificate for the employer in Sri Lanka. A BOI agreement.

Consider giving a salary range, not a number

If a job post asks applicants to state their expected salary when applying for the position, then give a range — not a specific figure — you're comfortable with. Answers like “Negotiable” might work, but they can also make you look evasive.

Gross monthly income refers to how much money an individual earns before deductions. Your gross monthly income includes all sources of money that you receive over the course of a month, including but not limited to regular wages, earnings from side jobs and investments.

First, find the amount of money you make in a week by multiplying your hourly rate by the number of hours you work in a week. Then, multiply the result by 52, the total number of weeks in a year. Then, divide the result by 12 to learn your monthly gross income.

What is the most expensive job in Sri Lanka? ›

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The majority of Civil engineers earn a salary between LKR51,758 and LKR177,348 per month in 2023. A monthly wage for entry-level Civil engineers ranges from LKR51,758 to LKR88,983.

The current minimum wage in Sri Lanka is LKR12,500.00 per month in 2023. It became valid on August 16, 2021. Minimum wage with effect from August 16, 2021. The amounts are in Sri Lanka Rupee (₨).

In the long-term, the Sri Lanka Minimum Wages is projected to trend around 11000.00 LKR/Month in 2023, according to our econometric models.

The United States has the highest salary rates for Test Automation specialists globally. The average salary for a middle QA Automation Engineer is about $80,000.

The literature defining the middle class by using an absolute approach, defines it as those earning some benchmark income range. For example, Bhalla (2021) defines middle class to be those earning more than US$ 3,658 (in 2020 prices) a year or US$ 10 a day in purchasing power parity terms.

What is upper class in Sri Lanka? ›

The upper class in Sri Lanka is statistically very small and consists of industrialists, businessmen, senior executives and serving government ministers. These people are the wealthiest in the land, having in some cases inherited money and position, and in other cases having earned it themselves.

Summary of cost of living in Colombo, Sri Lanka: A family of four estimated monthly costs are 1,668.1$ (517,425.9Rs) without rent. A single person estimated monthly costs are 464.3$ (144,022.5Rs) without rent. Colombo is 65.0% less expensive than New York (without rent).

Pakistan tops the list of the cheapest countries in the world, with a cost of living index of $294. Sri Lanka and Nepal come in second and third on the list, with cost of living indexes of $316 and $385 respectively.

This map shows the average household size in Sri Lanka in 2022, in a multiscale map (Country, Province, District, and Subdistrict). Nationally, the average household size is 3.7 people per household. It is calculated by dividing the household population by total households.

Worldwide gross domestic product in 2021 was at about 12,183 USD per capita. GDP in Sri Lanka, on the other hand, reached USD 4,014 per capita, or 88.93 billion USD for the whole country. Sri Lanka is therefore currently ranked 67 of the major economies.

Sri Lanka's population is diverse. The majority of the population (74%) is Sinhalese, with Tamils (18%), who are largely situated in the north and east of the islands, constituting the largest ethnic minority. Muslims are one of the other groups.

The Prime Minister of the Democratic Socialist Republic of Sri Lanka is the head and most senior member of parliament in the cabinet of ministers. It is the second-most powerful position in Sri Lanka's executive branch behind the president, who is the constitutional chief executive.