Economic Modeling/Forecasting Analyst II Salary in Cuernavaca, MX

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How much does an Economic Modeling/Forecasting Analyst II make in Cuernavaca, MX? The average Economic Modeling/Forecasting Analyst II salary in Cuernavaca, MX is MXN$553K as of April 08, 2021, but the range typically falls between MXN$460K and MXN$628K. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

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Global Market Data
50TH(Median) MXN$553K 25TH MXN$460K 75TH MXN$628K

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Skills to Boost an Economic Modeling/Forecasting Analyst II Salary

Mastering key skills can significantly increase your earning potential as an Economic Modeling/Forecasting Analyst II. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 16% salary raise, while strong Forecasting skills boost pay by a 2%.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Forecasting
Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar, but more general term. Both might refer to formal statistical methods employing time series, cross-sectional or longitudinal data, or alternatively to less formal judgmental methods. Usage can differ between areas of application: for example, in hydrology the terms "forecast" and "forecasting" are sometimes reserved for estimates of values at certain specific future times, while the term "prediction" is used for more general estimates, such as the number of times floods will occur over a long period. Risk and uncertainty are central to forecasting and prediction; it is generally considered good practice to indicate the degree of uncertainty attaching to forecasts. In any case, the data must be up to date in order for the forecast to be as accurate as possible. In some cases the data used to predict the variable of interest is itself forecasted.
More Skills...
Based on recent job listings, in-demand skills in the Economic Modeling/Forecasting Analyst II field include Analysis (16%), and Forecasting (2%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis MXN$642K
Analysis
MXN$642K
16%
Forecasting MXN$565K
Forecasting
MXN$565K
2%
Analysis
6.83%
Forecasting
11.07%
Job Openings for Economic Modeling/Forecasting Analyst II in Cuernavaca, Mexico
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About Cuernavaca, Mexico

The municipality is located between the Trans-Mexican Volcanic Belt in the north and the Sierra Madre del Sur in the south, in a sub-mountain range named the Sierra del Chichinautzin. The municipality contains an area of 151.2 square kilometres (58.4 square miles); 5,668 hectares (14,010 acres) is dedicated to agriculture, 8,227 ha (20,330 acres) for fishing, 5,400 ha (13,000 acres) is developed, and 1,390 ha (3,400 acres) is forest. The average altitude is 2,200 metres (7,200 feet) above sea level, varying between 1,255 and 2,355 metres (4,117 and 7,726 feet). The highest elevations are in th...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Economic Modeling/Forecasting Analyst II Pay Difference by Cities

City, Country Compared to national average
City, Country Guadalajara, MX Compared to national average
-5.3%
City, Country Queretaro, MX Compared to national average
+ 6.9%
City, Country Aguascalientes, MX Compared to national average
-4.4%
City, Country Cuernavaca, MX Compared to national average
+ 3.7%
City, Country San Luis Potosi, MX Compared to national average
-1.4%
City, Country Mexicali, MX Compared to national average
-4.8%
Employees with Economic Modeling/Forecasting Analyst II in their job title in Queretaro, MX earn an average of 6.9% more than the national average. The lower salaries can be found in Guadalajara, MX (5.3% less), Mexicali, MX (4.8% less), Aguascalientes, MX (4.4% less), San Luis Potosi, MX (1.4% less).

Understand the base salary paid range for an Economic Modeling/Forecasting Analyst II in Cuernavaca, MX

Average Base Salary

Core compensation

460086
628447
553454
The chart shows the base salary for Economic Modeling/Forecasting Analyst II in Cuernavaca ranges from MXN$460K to MXN$628K with the average base salary of MXN$553K. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Economic Modeling/Forecasting Analyst II may get paid difference by industry, location, and factors.

Economic Modeling/Forecasting Analyst II Frequently Asked Questions

Can I expect to receive a higher salary for the position of Economic Modeling/Forecasting Analyst II in Queretaro than for the same job in Guadalajara in the Mexico?

On average, an Economic Modeling/Forecasting Analyst II, working in Queretaro, Mexico, would generally get a higher salary than those working in the city of Guadalajara. The larger cities in the MX typically provide numerous opportunities for Economic Modeling/Forecasting Analyst II Jobs. Since Cuernavaca, Mexico is an attractive place to work for many professions, Economic Modeling/Forecasting Analyst II Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. April 08, 2021 salary.com )
What is the salary range for an Economic Modeling/Forecasting Analyst II in Cuernavaca, Mexico? What is the average hourly rate?

The average salary for an Economic Modeling/Forecasting Analyst II in Cuernavaca, Mexico is MXN$553K per year. The salary range for an Economic Modeling/Forecasting Analyst II is between MXN$460K and MXN$628K. While we are seeing hourly wages as high as MXN$302 and as low as MXN$221, the majority of Economic Modeling/Forecasting Analyst IIs are currently paid an average of MXN$266 in Cuernavaca, Mexico. The average salary pay range for an Economic Modeling/Forecasting Analyst II can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Economic Modeling/Forecasting Analyst II in Cuernavaca, Mexico can differ based on any or all of these varying factors. April 08, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering an Economic Modeling/Forecasting Analyst II job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that an Economic Modeling/Forecasting Analyst II working in Cuernavaca, Mexico will receive in exchange for their job. Some common items included in the total compensation of an Economic Modeling/Forecasting Analyst II working in the Cuernavaca, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Cuernavaca, Mexico might also offer long-term incentives such as stock options or stock grants for Economic Modeling/Forecasting Analyst IIs. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. April 08, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: April 08, 2021