Compensation and Benefits Manager Salary in Mexico
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How much does a Compensation and Benefits Manager make in Mexico? The average Compensation and Benefits Manager salary in Mexico is MXN$882K as of April 08, 2021, but the range typically falls between MXN$641K and MXN$1,224K. 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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What does a Compensation and Benefits Manager do?
Compensation and Benefits Manager
Bremen/Oldenburg, DE
Develop, communicate and administer a competitive total rewards strategy to include compensation, health and welfare benefits, 401k and paid time off programs, that are cost effective and consistent with labor market trends and organizational objectives.
12/20/2020
Compensation and Benefits Manager
Dijon, FR
Develops and controls all tasks necessary to accomplish the payroll processing objectives, including relationships with human resources, accounting, operations, legal, internal/external auditors, and state and federal agencies.
03/16/2021
Compensation and Benefits Manager
Thane, IN
Develops, implements and evaluates financial education programs to help employees understand financial concepts, develop financial goals and prepare for retirement.
02/28/2021
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About Mexico
Mexico is located between latitudes 14° and 33°N, and longitudes 86° and 119°W in the southern portion of North America. Almost all of Mexico lies in the North American Plate, with small parts of the Baja California peninsula on the Pacific and Cocos Plates. Geophysically, some geographers include the territory east of the Isthmus of Tehuantepec (around 12% of the total) within Central America. Geopolitically, however, Mexico is entirely considered part of North America, along with Canada and the United States.
Mexico's total area is 1,972,550 km2 (761,606 sq mi), making it the world's 13th l...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Compensation and Benefits Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Guadalajara, MX |
Compared to national average
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| City, Country Queretaro, MX |
Compared to national average
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| City, Country Aguascalientes, MX |
Compared to national average
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| City, Country Cuernavaca, MX |
Compared to national average
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| City, Country San Luis Potosi, MX |
Compared to national average
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| City, Country Mexicali, MX |
Compared to national average
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Employees with Compensation and Benefits 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).
Similar Jobs to Compensation and Benefits Manager in Mexico
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| Job Title | Salary Range in MXN |
|---|---|
| Job Title Benefits Administrator I |
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| Job Title Benefits Administrator II |
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| Job Title Benefits Administrator III |
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| Job Title Benefits Clerk |
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| Job Title Benefits Manager |
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Understand the base salary paid range for a Compensation and Benefits Manager in Mexico
Average Base Salary
Core compensation
640617
1224455
The chart shows the base salary for Compensation and Benefits Manager ranges from MXN$641K to MXN$1,224K with the average base salary of MXN$882K. 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 and Benefits Manager may get paid difference by industry, location, and factors.
Compensation and Benefits Manager Frequently Asked Questions in Mexico
What is the salary range for a Compensation and Benefits Manager in Mexico? What is the average hourly rate?
The average salary for a Compensation and Benefits Manager in Mexico is MXN$882K per year. The salary range for a Compensation and Benefits Manager is between MXN$641K and MXN$1,224K. While we are seeing hourly wages as high as MXN$589 and as low as MXN$308, the majority of Compensation and Benefits Managers are currently paid an average of MXN$424 in Mexico. The average salary pay range for a Compensation and Benefits 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 Compensation and Benefits Manager in Mexico can differ based on any or all of these varying factors.
April 08, 2021
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Why should you negotiate salary for a Compensation and Benefits Manager role? What are effective negotiation strategies?
Most hiring managers in Mexico expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Compensation and Benefits Manager position that you can in Mexico. This starting salary of the Compensation and Benefits Manager position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Compensation and Benefits Manager position in Mexico, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
April 08, 2021
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How do you evaluate the advantages, opportunities, and salary for a Compensation and Benefits Manager role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of a Compensation and Benefits Manager in the Mexico can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. a Compensation and Benefits Manager job in a large city of the Mexico may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Mexico also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Compensation and Benefits Manager job is right for you.
April 08, 2021
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Last Update: April 08, 2021