Compensation and Benefits Manager Salary in Merida, MX

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How much does a Compensation and Benefits Manager make in Merida, MX? The average Compensation and Benefits Manager salary in Merida, MX is MXN$898K as of April 08, 2021, but the range typically falls between MXN$653K and MXN$1,247K. 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$898K 25TH MXN$653K 75TH MXN$1,247K

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Skills to Boost a Compensation and Benefits Manager Salary

Mastering key skills can significantly increase your earning potential as a Compensation and Benefits Manager. According to Salary.com's Real-time Job Posting Data, expertise in Customer Service can lead to a 9% salary raise, while strong Workday skills boost pay by a 2%. Even Business Administration 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.
Customer Service
Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Workday
A cloud-based human resource management software system that unifies a wide range of HR functionality into a single system.
Business Administration
It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
More Skills...
Based on recent job listings, in-demand skills in the Compensation and Benefits Manager field include Customer Service (9%), Workday (2%), Business Administration (1%), and Onboarding (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Customer Service MXN$979K
Customer Service
MXN$979K
9%
Workday MXN$916K
Workday
MXN$916K
2%
Business Administration MXN$907K
Business Administration
MXN$907K
1%
Onboarding MXN$907K
Onboarding
MXN$907K
1%
Customer Service
1.57%
Workday
5.21%
Business Administration
5.73%
Onboarding
15.36%
Job Openings for Compensation and Benefits Manager in Merida, Mexico
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About Merida, Mexico

Mérida is located in the northwest part of the state of Yucatán, which occupies the northern portion of the Yucatán Peninsula. To the east is the state of Quintana Roo, to the west is the state of Campeche, to the north is the Gulf of Mexico, and far to the south is the state of Chiapas. The city is also located in the Chicxulub Crater. It has a very flat topography and is only 30 feet (9 m) above sea level. The land outside of Mérida is covered with smaller scrub trees and former henequen fields. Almost no surface water exists, but several cenotes (underground springs and rivers) are found...
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
-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 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).

Understand the base salary paid range for a Compensation and Benefits Manager in Merida, MX

Average Base Salary

Core compensation

652555
1247273
898094
The chart shows the base salary for Compensation and Benefits Manager in Merida ranges from MXN$653K to MXN$1,247K with the average base salary of MXN$898K. 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

Can I expect to receive a higher salary for the position of Compensation and Benefits Manager in Queretaro than for the same job in Guadalajara in the Mexico?

On average, a Compensation and Benefits 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 Compensation and Benefits Manager Jobs. Since Merida, Mexico is an attractive place to work for many professions, Compensation and Benefits 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 Compensation and Benefits Manager in Merida, Mexico? What is the average hourly rate?

The average salary for a Compensation and Benefits Manager in Merida, Mexico is MXN$898K per year. The salary range for a Compensation and Benefits Manager is between MXN$653K and MXN$1,247K. While we are seeing hourly wages as high as MXN$600 and as low as MXN$314, the majority of Compensation and Benefits Managers are currently paid an average of MXN$432 in Merida, 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 Merida, 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 Compensation and Benefits 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 Compensation and Benefits Manager working in Merida, Mexico will receive in exchange for their job. Some common items included in the total compensation of a Compensation and Benefits Manager working in the Merida, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Merida, Mexico might also offer long-term incentives such as stock options or stock grants for Compensation and Benefits 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