Product Development/Innovation Manager Salary in Hermosillo, MX

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How much does a Product Development/Innovation Manager make in Hermosillo, MX? The average Product Development/Innovation Manager salary in Hermosillo, MX is MXN$961K as of April 08, 2021, but the range typically falls between MXN$690K and MXN$1,244K. 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$961K 25TH MXN$690K 75TH MXN$1,244K

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Skills to Boost a Product Development/Innovation Manager Salary

Mastering key skills can significantly increase your earning potential as a Product Development/Innovation Manager. According to Salary.com's Real-time Job Posting Data, expertise in Project Management can lead to a 5% salary raise, while strong Supply Chain skills boost pay by a 2%. Even Product Quality can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Project Management
Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
Supply Chain
A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Product Quality
Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers' purposes.
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Based on recent job listings, in-demand skills in the Product Development/Innovation Manager field include Project Management (5%), Supply Chain (2%), Product Quality (1%), Design Engineering (1%), and Continuous Improvement (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Project Management MXN$1,009K
Project Management
MXN$1,009K
5%
Supply Chain MXN$980K
Supply Chain
MXN$980K
2%
Product Quality MXN$971K
Product Quality
MXN$971K
1%
Design Engineering MXN$971K
Design Engineering
MXN$971K
1%
Continuous Improvement MXN$971K
Continuous Improvement
MXN$971K
1%
Project Management
0.22%
Supply Chain
2.54%
Product Quality
2.98%
Design Engineering
3.34%
Continuous Improvement
0.77%
Job Openings for Product Development/Innovation Manager in Hermosillo, Mexico
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About Hermosillo, Mexico

As the municipal seat, the city of Hermosillo is the local government of over 3,800 other localities, with a combined territory of 14,880.2 square kilometres (5,745.3 sq mi). The two most important rivers are the Sonora and the San Miguel. Both of these are used for irrigation purposes with the Abelardo L. Rodriguez Dam located on the San Miguel River. The population increase of the municipality, currently at 2.5% annually, puts pressure on the infrastructure of the city, especially its water supply. Decades of overpumping of ground water has led to the aquifer levels being lower than sea lev...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Product Development/Innovation Manager 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 Product Development/Innovation Manager 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 a Product Development/Innovation Manager in Hermosillo, MX

Average Base Salary

Core compensation

690140
1243598
961198
The chart shows the base salary for Product Development/Innovation Manager in Hermosillo ranges from MXN$690K to MXN$1,244K with the average base salary of MXN$961K. 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 Product Development/Innovation Manager may get paid difference by industry, location, and factors.

Product Development/Innovation Manager Frequently Asked Questions

Can I expect to receive a higher salary for the position of Product Development/Innovation Manager in Queretaro than for the same job in Guadalajara in the Mexico?

On average, a Product Development/Innovation Manager, 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 Product Development/Innovation Manager Jobs. Since Hermosillo, Mexico is an attractive place to work for many professions, Product Development/Innovation Manager 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 a Product Development/Innovation Manager in Hermosillo, Mexico? What is the average hourly rate?

The average salary for a Product Development/Innovation Manager in Hermosillo, Mexico is MXN$961K per year. The salary range for a Product Development/Innovation Manager is between MXN$690K and MXN$1,244K. While we are seeing hourly wages as high as MXN$598 and as low as MXN$332, the majority of Product Development/Innovation Managers are currently paid an average of MXN$462 in Hermosillo, Mexico. The average salary pay range for a Product Development/Innovation Manager 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 a Product Development/Innovation Manager in Hermosillo, 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 a Product Development/Innovation Manager 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 a Product Development/Innovation Manager working in Hermosillo, Mexico will receive in exchange for their job. Some common items included in the total compensation of a Product Development/Innovation Manager working in the Hermosillo, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Hermosillo, Mexico might also offer long-term incentives such as stock options or stock grants for Product Development/Innovation Managers. 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