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Compensation Director Salary in Mexico

How much does a Compensation Director make in Mexico? The average Compensation Director salary in Mexico is MXN$2,500K as of April 08, 2021, but the range typically falls between MXN$2,022K and MXN$2,977K. 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$2,500K 25TH MXN$2,022K 75TH MXN$2,977K

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Skills to Boost a Compensation Director Salary

Mastering key skills can significantly increase your earning potential as a Compensation Director. According to Salary.com's Real-time Job Posting Data, expertise in Leadership can lead to a 10% salary raise, while strong Diversity and Inclusion skills boost pay by a 4%. Even Tableau can result in a 2% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Leadership
Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Diversity and Inclusion
Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
Tableau
Using business intelligence software to perform data analysis, data visualization, and the BI process of an organization.
More Skills...
Based on recent job listings, in-demand skills in the Compensation Director field include Leadership (10%), Diversity and Inclusion (4%), Tableau (2%), Internal Audit (2%), and Job Evaluation (0%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Leadership MXN$2,749K
Leadership
MXN$2,749K
10%
Diversity and Inclusion MXN$2,599K
Diversity and Inclusion
MXN$2,599K
4%
Tableau MXN$2,549K
Tableau
MXN$2,549K
2%
Internal Audit MXN$2,549K
Internal Audit
MXN$2,549K
2%
Leadership
3.07%
Diversity and Inclusion
0.87%
Tableau
17.14%
Internal Audit
2.21%
Job Evaluation
1.22%
Job Openings for Compensation Director
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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 Director 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 Director 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 Director in Mexico

Average Base Salary

Core compensation

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2976916
2499509
The chart shows the base salary for Compensation Director ranges from MXN$2,022K to MXN$2,977K with the average base salary of MXN$2,500K. 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 Director may get paid difference by industry, location, and factors.

Compensation Director Frequently Asked Questions in Mexico

What is the salary range for a Compensation Director in Mexico? What is the average hourly rate?

The average salary for a Compensation Director in Mexico is MXN$2,500K per year. The salary range for a Compensation Director is between MXN$2,022K and MXN$2,977K. While we are seeing hourly wages as high as MXN$1,431 and as low as MXN$972, the majority of Compensation Directors are currently paid an average of MXN$1,202 in Mexico. The average salary pay range for a Compensation Director 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 Director in Mexico can differ based on any or all of these varying factors. April 08, 2021 salary.com )
Why should you negotiate salary for a Compensation Director 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 Director position that you can in Mexico. This starting salary of the Compensation Director 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 Director 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 salary.com )
How do you evaluate the advantages, opportunities, and salary for a Compensation Director 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 Director 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 Director 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 Director job is right for you. April 08, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: April 08, 2021