I. Overview of Salaries and Benefits in Egypt  

1.1 Salary Levels in Egypt

Egypt is the second largest economy in Africa, and salary levels are relatively low. According to IMF data, Egypt's GDP per capita was $2,549 in 2019. Compared to other Middle Eastern countries, Egypt's salary levels are lower.

1.2 Social Security Benefits in Egypt  

Egypt's social security system is relatively backward. It is mainly provided by the government. Retirement insurance, health insurance and unemployment insurance are the three main types of social security benefits.

1.3 Bonus System in Egypt

In Egypt, the bonus system is a common salary and benefit. Bonus systems vary between companies, but usually include year-end bonuses, performance bonuses, holiday bonuses, etc.

II. Salary Structure in Egypt

2.1 Basic Salary

The basic salary in Egypt is usually determined through negotiation between the company and employee. When determining the basic salary, factors like work experience, skill level, market demand, etc. are usually considered.

2.2 Overtime Pay

In Egypt, overtime pay is determined through negotiation between the company and employee. Usually, employees do not work more than 48 hours per week. Any hours above that require overtime pay.

2.3 Benefits

Egyptian companies usually provide some benefits like health insurance, pensions, maternity leave, paid annual leave, etc. Benefits vary between companies and need to be negotiated based on the actual situation.

III. Tax Policies in Egypt

3.1 Personal Income Tax  

In Egypt, personal income tax rates are based on income levels, ranging from 0% to 22%.

3.2 Social Insurance Contributions

In Egypt, employees need to pay social insurance contributions. These are paid jointly by the company and employee ata rate of 7%.

3.3 Value-Added Tax

The VAT rate in Egypt is 14%. For certain industries like hotels and tourism, the VAT rate may differ.

IV. Impact of Cultural Differences on Salaries and Benefits  

4.1 Religious Beliefs

In Egypt, Islam is the predominant religion. Therefore, Islamic regulations need to be considered when formulating salary and benefit policies.

4.2 Social Culture

Egypt is a society that highly values family and social relationships. These factors need to be considered when determining salaries and benefits.

V. Conclusion

In summary, Egypt's salary and benefits system is relatively simple, but factors like religious beliefs and social culture need to be considered. Communication and understanding are key when negotiating with employees to reach mutually satisfactory agreements.