Compensation Manager Salary in Morelia, MX

Change Country
Change Country

Get Salary Data on All Global Countries

How much does a Compensation Manager make in Morelia, MX? The average Compensation Manager salary in Morelia, MX is MXN$1,039K as of April 08, 2021, but the range typically falls between MXN$782K and MXN$1,748K. 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.

View as graph View as table
Global Market Data
50TH(Median) MXN$1,039K 25TH MXN$782K 75TH MXN$1,748K

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

Change Search Criteria

See it in Action

Skills to Boost a Compensation Manager Salary

Mastering key skills can significantly increase your earning potential as a Compensation Manager. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 13% salary raise, while strong Market Pricing skills boost pay by a 2%. Even Microsoft Office 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.
Market Pricing
Setting the price of a product or service according to the current market price to ensure the business remains competitive while still growing ROI.
Microsoft Office
Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
More Skills...
Based on recent job listings, in-demand skills in the Compensation Manager field include Analysis (13%), Market Pricing (2%), Microsoft Office (1%), and Change Management (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Analysis MXN$1,174K
Analysis
MXN$1,174K
13%
Market Pricing MXN$1,059K
Market Pricing
MXN$1,059K
2%
Microsoft Office MXN$1,049K
Microsoft Office
MXN$1,049K
1%
Change Management MXN$1,049K
Change Management
MXN$1,049K
1%
Analysis
6.83%
Market Pricing
0.58%
Microsoft Office
0.83%
Change Management
9.85%
Job Openings for Compensation Manager in Morelia, Mexico
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

About Morelia, Mexico

Morelia (Spanish pronunciation: [moˈɾelja]; from 1545 to 1828 known as Valladolid) is a city and municipality in the north central part of the state of Michoacán in central Mexico. The city is in the Guayangareo Valley and is the capital and largest city of the state. The main pre-Hispanic cultures here were the Purépecha and the Matlatzinca, but no major cities were founded in the valley during this time. The Spanish took control of the area in the 1520s. The Spanish under Viceroy Antonio de Mendoza founded a settlement here in 1541 with the name of Valladolid, which became rival to the nearb...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Compensation 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 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 Manager in Morelia, MX

Average Base Salary

Core compensation

782460
1747837
1038710
The chart shows the base salary for Compensation Manager in Morelia ranges from MXN$782K to MXN$1,748K with the average base salary of MXN$1,039K. 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 Manager may get paid difference by industry, location, and factors.

Compensation Manager Frequently Asked Questions

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

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

The average salary for a Compensation Manager in Morelia, Mexico is MXN$1,039K per year. The salary range for a Compensation Manager is between MXN$782K and MXN$1,748K. While we are seeing hourly wages as high as MXN$840 and as low as MXN$376, the majority of Compensation Managers are currently paid an average of MXN$499 in Morelia, Mexico. The average salary pay range for a Compensation 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 Manager in Morelia, 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 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 Manager working in Morelia, Mexico will receive in exchange for their job. Some common items included in the total compensation of a Compensation Manager working in the Morelia, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Morelia, Mexico might also offer long-term incentives such as stock options or stock grants for Compensation 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