Product Development Manager Salary in Monterrey, MX

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How much does a Product Development Manager make in Monterrey, MX? The average Product Development Manager salary in Monterrey, MX is MXN$965K as of April 08, 2021, but the range typically falls between MXN$693K and MXN$1,249K. 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$965K 25TH MXN$693K 75TH MXN$1,249K

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Skills to Boost a Product Development Manager Salary

Mastering key skills can significantly increase your earning potential as a Product Development Manager. According to Salary.com's Real-time Job Posting Data, expertise in Project Management can lead to a 5% salary raise, while strong Supply Chain skills boost pay by a 2%. Even Product Quality 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.
Project Management
Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
Supply Chain
A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
Product Quality
Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers' purposes.
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Based on recent job listings, in-demand skills in the Product Development Manager field include Project Management (5%), Supply Chain (2%), Product Quality (1%), Design Engineering (1%), and Continuous Improvement (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Project Management MXN$1,013K
Project Management
MXN$1,013K
5%
Supply Chain MXN$984K
Supply Chain
MXN$984K
2%
Product Quality MXN$975K
Product Quality
MXN$975K
1%
Design Engineering MXN$975K
Design Engineering
MXN$975K
1%
Continuous Improvement MXN$975K
Continuous Improvement
MXN$975K
1%
Project Management
0.22%
Supply Chain
2.54%
Product Quality
2.98%
Design Engineering
3.34%
Continuous Improvement
0.77%
Job Openings for Product Development Manager in Monterrey, Mexico
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Career Path for Product Development Manager

Product Development Manager
Product Development Director

About Monterrey, Mexico

The city of Monterrey is 540 metres (1,770 ft) above sea level in the northeastern state of Nuevo León. Monterrey translated from Spanish to English is "King Mount" or "King mountain", which refers to the city's topography and the large mountains that surround it. The Santa Catarina River—dry most of the year on the surface but with flowing underground water—bisects Monterrey from east to west, separating the city into north and south halves, and drains the city to the San Juan River and Rio Grande. Monterrey is adjacent to San Nicolás de los Garza, García and General Escobedo to the north; G...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Product Development 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 Product Development 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 Product Development Manager in Monterrey, MX

Average Base Salary

Core compensation

692882
1248539
965017
The chart shows the base salary for Product Development Manager in Monterrey ranges from MXN$693K to MXN$1,249K with the average base salary of MXN$965K. 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 Product Development Manager may get paid difference by industry, location, and factors.

Product Development Manager Frequently Asked Questions

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

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

The average salary for a Product Development Manager in Monterrey, Mexico is MXN$965K per year. The salary range for a Product Development Manager is between MXN$693K and MXN$1,249K. While we are seeing hourly wages as high as MXN$600 and as low as MXN$333, the majority of Product Development Managers are currently paid an average of MXN$464 in Monterrey, Mexico. The average salary pay range for a Product Development 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 Product Development Manager in Monterrey, 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 Product Development 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 Product Development Manager working in Monterrey, Mexico will receive in exchange for their job. Some common items included in the total compensation of a Product Development Manager working in the Monterrey, Mexico are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Monterrey, Mexico might also offer long-term incentives such as stock options or stock grants for Product Development 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