![]() In most cases, higher education leads to a higher average income.īased on the surveys by, employees with a Bachelor’s degree generally earn 24% more than diploma holders. Salaries and increments will vary from person to person and depend on many factors, as discussed above. Note: The figures provided here are averages of numbers and should only be taken as general guidelines. Let’s check out the average annual increase in salaries by experience level: Experience Level Here is the average annual increase in salaries across different industries: Industry The increment is usually around 8% of their annual salary. Average Annual Salary IncreaseĮmployees in Mexico generally get an increase in their monthly salary every 18 month s (the world’s average salary increment is 3% every 16 months). It means that half of the working population earns more than the median salary (USD 1,660), while the other half earns less than the median salary. Median salary represents the middle value of a set of salaries. The median salary in Mexico is 32,600 MXN ( USD 1,660/ month ). Let’s now explore the various aspects of the average salary in Mexico. ![]() In terms of an hourly wage, the average income of a Mexican worker in the manufacturing industry is around USD 3.50/hour. The average salary in Mexico City, Guadalajara, and Monterrey is about 44,600 MXN, while it’s around 38,900 MXN in Cancun. Generally, the average salary ranges from 8,410 MXN (lowest salary) to 1,48,000 MXN (highest national average) per month.Īdditionally, Mexico’s salaries also differ from one city to another. According to the exchange rate in 2021, this amounts to USD 19,980 annually. The salary range also depends on various factors like education level, years of experience, and work type (permanent, contract, or part-time).Īfter considering the above factors, a Mexican worker usually earns an average annual salary of 3,98,400 MXN ( Mexican Peso ). The average base salary in Mexico varies drastically across different sectors like IT, manufacturing, healthcare, etc., like any other country. 4 Key Benefits of Outsourcing to Mexico.Top 4 Industries to Outsource to Mexico.(Click on a link below to jump to a specific section) We’ll also discuss the top four industries and the four key benefits of outsourcing to Mexico. In this article, we’ll explore various aspects of the average salary in Mexico. That’s why outsourcing to Mexico could be the right move for businesses looking to grow quickly. While this is higher than the average salaries in popular outsourcing destinations like India and the Philippines, it’s much lower than in developed countries like the US and the UK. In 2021, the average salary in Mexico is around 33,200 MXN per month. Or just want to know what the average salary in Mexico is? Outsourcing to Mexico but not sure how much you should pay a Mexican employee?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |