How much does a Compensation Analyst I make in Chihuahua, MX? The average Compensation Analyst I salary in Chihuahua, MX is MXN$232K as of April 08, 2021, but the range typically falls between MXN$187K and MXN$276K. 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.

Global Market Data
50TH(Median) MXN$232K 25TH MXN$187K 75TH MXN$276K

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Skills to Boost a Compensation Analyst I Salary

Mastering key skills can significantly increase your earning potential as a Compensation Analyst I. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 16% salary raise, while strong Benchmarking skills boost pay by a 2%. Even Executive Compensation 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.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Benchmarking
Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost. Benchmarking is used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time of x per unit of measure or defects per unit of measure) resulting in a metric of performance that is then compared to others. Also referred to as "best practice benchmarking" or "process benchmarking", this process is used in management in which organizations evaluate various aspects of their processes in relation to best-practice companies' processes, usually within a peer group defined for the purposes of comparison. This then allows organizations to develop plans on how to make improvements or adapt specific best practices, usually with the aim of increasing some aspect of performance. Benchmarking may be a one-off event, but is often treated as a continuous process in which organizations continually seek to improve their practices.
Executive Compensation
Executive compensation or executive pay is composed of the financial compensation and other non-financial awards received by an executive from their firm for their service to the organization. It is typically a mixture of salary, bonuses, shares of or call options on the company stock, benefits, and perquisites, ideally configured to take into account government regulations, tax law, the desires of the organization and the executive, and rewards for performance. The three decades starting with the 1980s saw a dramatic rise in executive pay relative to that of an average worker's wage in the United States, and to a lesser extent in a number of other countries. Observers differ as to whether this rise is a natural and beneficial result of competition for scarce business talent that can add greatly to stockholder value in large companies, or a socially harmful phenomenon brought about by social and political changes that have given executives greater control over their own pay. Recent studies have indicated that executive compensation should be better aligned with social goals (e.g. public health goals). Executive pay is an important part of corporate governance, and is often determined by a company's board of directors.
More Skills...
Based on recent job listings, in-demand skills in the Compensation Analyst I field include Analysis (16%), Benchmarking (2%), and Executive Compensation (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis MXN$269K
Analysis
MXN$269K
16%
Benchmarking MXN$236K
Benchmarking
MXN$236K
2%
Executive Compensation MXN$234K
Executive Compensation
MXN$234K
1%
Analysis
6.83%
Benchmarking
0.99%
Executive Compensation
3.74%
Job Openings for Compensation Analyst I in Chihuahua, Mexico
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Chihuahua is best described as shaped as a large letter L, with plains to the north and hills on both sides, as well as the south; it is crossed east-and-west by Teofilo Borunda Avenue, which follows the natural flow of the Chuviscar River. Borunda is crossed in the west by the Periferico de la Juventud, a major limited-access highway running north-and-south. The main entrance to the city from the north (from the direction of Ciudad Juárez) is Tecnológico Avenue, part of the Pan-American Highway. The geography of the city is dominated by three hills that appear in the Coat of Arms: Cerro Gran...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
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 Compensation Analyst I 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 Compensation Analyst I in Chihuahua, MX

Average Base Salary

Core compensation

187385
275900
231654
The chart shows the base salary for Compensation Analyst I in Chihuahua ranges from MXN$187K to MXN$276K with the average base salary of MXN$232K. 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 Compensation Analyst I may get paid difference by industry, location, and factors.