Compensation Manager Salary in Toluca, MX

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How much does a Compensation Manager make in Toluca, MX? The average Compensation Manager salary in Toluca, MX is MXN$1,022K as of April 08, 2021, but the range typically falls between MXN$770K and MXN$1,720K. 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$1,022K 25TH MXN$770K 75TH MXN$1,720K

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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$1,155K
Analysis
MXN$1,155K
13%
Market Pricing MXN$1,042K
Market Pricing
MXN$1,042K
2%
Microsoft Office MXN$1,032K
Microsoft Office
MXN$1,032K
1%
Change Management MXN$1,032K
Change Management
MXN$1,032K
1%
Analysis
6.83%
Market Pricing
0.58%
Microsoft Office
0.83%
Change Management
9.85%
Job Openings for Compensation Manager in Toluca, Mexico
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About Toluca, Mexico

The municipality of Toluca, which has a geographical extent of 420.14 km2 (162.2 sq mi), includes numerous communities other than Toluca de Lerdo, the largest of which are the municipalities of San Pablo Autopan and San José Guadalupe Otzacatipan. The municipality is bordered by the municipalities of Almoloya de Juárez, Temoaya, Otzolotepec, Xonacatlán, Lerma, San Mateo Atenco, Metepec, Calimaya, Tenango del Valle, Villa Guerrero and Zinacantepec. The Lerma River flows from Lake Almoloya del Río through the center of the municipality towards the west, flowing into Lake Chapala. From this poin...
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 Toluca, MX

Average Base Salary

Core compensation

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1719518
1021880
The chart shows the base salary for Compensation Manager in Toluca ranges from MXN$770K to MXN$1,720K with the average base salary of MXN$1,022K. 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 Toluca, 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 Toluca, Mexico? What is the average hourly rate?

The average salary for a Compensation Manager in Toluca, Mexico is MXN$1,022K per year. The salary range for a Compensation Manager is between MXN$770K and MXN$1,720K. While we are seeing hourly wages as high as MXN$827 and as low as MXN$370, the majority of Compensation Managers are currently paid an average of MXN$491 in Toluca, 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 Toluca, 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 Toluca, Mexico will receive in exchange for their job. Some common items included in the total compensation of a Compensation Manager working in the Toluca, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Toluca, 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