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Business Planning Average Salaries in Mexico 2024

How much money does a person working in Business Planning make in Mexico?


Average Monthly Salary
35,900 MXN
( 431,000 MXN yearly)

LOW
17,300
MXN
AVERAGE
35,900
MXN
HIGH
59,800
MXN
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working in Business Planning in Mexico typically earns around 35,900 MXN. Salaries range from 17,300 MXN (lowest average) to 59,800 MXN (highest average, actual maximum salary is higher).


Salary Variance

The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Business Planning domain in Mexico exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.

Salaries for specific jobs

Job TitleAverage Salary
Business Planning
Agile Coach38,800 MXN
Assistant Business Development Manager43,400 MXN
Assistant Merchandise Planner26,200 MXN
Business Advisor42,800 MXN
Business Analyst39,800 MXN
Business Consultant40,300 MXN
Business Continuity Associate23,900 MXN
Business Developer26,400 MXN
Business Development Analyst29,700 MXN
Business Development Associate22,100 MXN
Business Development Coordinator22,300 MXN
Business Development Director60,000 MXN
Business Development Engineer31,400 MXN
Business Development Executive42,800 MXN
Business Development Manager50,500 MXN
Business Development Specialist38,900 MXN
Business Manager46,100 MXN
Business Operations Specialist39,200 MXN
Business Process Writer22,900 MXN
Business Systems Analyst43,200 MXN
Capacity Planner28,300 MXN
Capacity Planning Supervisor39,300 MXN
Change Communications Analyst39,500 MXN
Change Control Analyst38,000 MXN
Change Impact Analyst39,900 MXN
Chief Automation Officer52,800 MXN
Chief Innovation Officer54,900 MXN
Contracts Executive41,500 MXN
Corporate Strategy Analyst41,200 MXN
Cost Control Engineer27,400 MXN
Cost Controller29,200 MXN
Cost Estimator27,100 MXN
Crisis Management Specialist45,000 MXN
Data Executive22,200 MXN
Data Manager30,900 MXN
Data Processing Manager36,700 MXN
Development Researcher30,300 MXN
Digital Strategist42,500 MXN
Digital Transformation Manager43,600 MXN
Director of Business Development57,100 MXN
Director of Production Planning48,900 MXN
Drop Shipping Consultant36,200 MXN
Due Diligence Analyst45,400 MXN
Estimating Manager42,500 MXN
General Manager50,300 MXN
Growth Hacker30,100 MXN
Impact Assessment Specialist36,800 MXN
Impact Investing Analyst38,200 MXN
Incident Handler28,400 MXN
Incident Specialist36,300 MXN
Lean Consultant29,700 MXN
Manager54,500 MXN
Marketing and Business Development Manager49,000 MXN
Materials Planner17,900 MXN
Merchandise Assistant18,100 MXN
Merchandise Controller17,000 MXN
Merchandise Planner18,600 MXN
Online Consultant35,600 MXN
Online Reputation Manager30,200 MXN
Operations Analyst39,000 MXN
Operations Manager44,500 MXN
Operations Research Analyst25,200 MXN
Planning and Reporting Manager46,100 MXN
Planning Director52,200 MXN
Product Designer30,300 MXN
Product Manager33,300 MXN
Project Administrator26,700 MXN
Project Manager42,900 MXN
Project Planner27,300 MXN
Research Assistant22,200 MXN
Research Engineer26,800 MXN
Research Officer20,500 MXN
Risk Management Specialist40,500 MXN
Scholarship Coordinator19,900 MXN
Store Planner20,300 MXN
Strategy Director57,800 MXN
Top Research and Development Executive58,400 MXN


Business Planning Jobs Pay Scale and Salaries in Mexico

Median and salary distribution Mexico Business Planning monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
33,300 MXN or more
10% of people earn
29,100 to 33,300 MXN
20% of people earn
20,100 MXN or less
65% of people earn
20,100 to 29,100 MXN
Minimum Salary
17,300 MXN
Median
32,100 MXN
Maximum
59,800 MXN




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries in Business Planning in Mexico range from 17,300 MXN (starting average salary) to 59,800 MXN (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.

  • Median Salary

    The median income in the field of Business Planning is 32,100 MXN, implying that half of the workforce in Mexico earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.

  • Percentiles and Salary Scale

    Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Business Planning in Mexico earn less than 26,200 MXN, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 37,100 MXN, while 25% earn more than that.

  • Pay Scale Structure

    Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Business Planning in Mexico. The analysis revealed that roughly 65% of all reported salaries fell within the range of 20,100 MXN to 29,100 MXN. Approximately 20% of salaries were below the 20,100 MXN mark, while 10% ranged from 29,100 MXN to 33,300 MXN. Only 5% of individuals earned a gross salary of 33,300 MXN or higher.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.

Generally speaking, employees in Business Planning in Mexico having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.


Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?

We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Business Planning in Mexico, below are our findings.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Mexico costs anywhere from 167,000 MXN to 500,000 MXN and lasts approximately two years. That is quite an investment.

Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.



Salary and Compensation Comparison By Gender / Business Planning / Mexico

Salary comparison by gender Mexico Business Planning monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Business Planning in Mexico, the average difference between the salary of male and female employees is 12%.

Male
37,500 MXN
Female-11%
33,400 MXN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Mexico for all Careers

Salary comparison by gender monthly Mexico
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Average Annual Salary Increment Percentage / Business Planning / Mexico

How much are annual salary increments in Mexico for individuals working in Business Planning? How often do employees get salary raises?

Professionals working in Business Planning in Mexico are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Mexico Business Planning
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Mexico / All Professions

Annual Salary Increment Rate Mexico
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Mexico is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Business Planning / Mexico

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mexico Business Planning
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26% of surveyed staff in Business Planning reported that they haven't received any bonuses or incentives in the previous year while 74% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
74%
No Bonus
26%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Hourly Average Wage / Business Planning / Mexico


210 MXN per hour

The average hourly wage (pay per hour) in Business Planning in Mexico is 210 MXN.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working in Business Planning in Mexico is 100 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary Comparison By City

CityAverage Salary
Acapulco42,100 MXN
Acuna35,900 MXN
Aguascalientes42,900 MXN
Boca del Rio31,700 MXN
Buenavista34,700 MXN
Campeche35,300 MXN
Cancun42,000 MXN
Celaya38,600 MXN
Chalco33,000 MXN
Chetumal32,400 MXN
Chicoloapan33,100 MXN
Chihuahua48,000 MXN
Chilpancingo34,200 MXN
Chimalhuacan41,700 MXN
Cholula de Rivadabia33,600 MXN
Ciudad Apodaca40,300 MXN
Ciudad del Carmen33,200 MXN
Ciudad Juarez32,900 MXN
Ciudad Lopez Mateos40,500 MXN
Ciudad Obregon38,100 MXN
Ciudad Santa Catarina37,200 MXN
Ciudad Valles30,800 MXN
Ciudad Victoria37,700 MXN
Coacalco37,300 MXN
Coatzacoalcos35,600 MXN
Colima31,400 MXN
Cordoba31,300 MXN
Cuautitlan Izcalli40,400 MXN
Cuautla31,800 MXN
Cuernavaca38,100 MXN
Culiacan43,500 MXN
Delicias30,600 MXN
Durango40,900 MXN
Ecatepec de Morelos49,000 MXN
Ensenada37,500 MXN
Fresnillo30,100 MXN
General Escobedo39,000 MXN
Gomez Palacio36,900 MXN
Guadalajara48,700 MXN
Guadalupe41,800 MXN
Guaymas29,500 MXN
Hermosillo42,700 MXN
Hidalgo del Parral29,200 MXN
Iguala30,200 MXN
Irapuato39,500 MXN
Ixtapaluca38,000 MXN
Jiutepec32,900 MXN
La Paz35,600 MXN
Leon48,500 MXN
Los Mochis37,100 MXN
Los Reyes la Paz36,700 MXN
Manzanillo30,900 MXN
Matamoros39,900 MXN
Mazatlan39,000 MXN
Merida42,700 MXN
Metepec35,000 MXN
Mexicali42,300 MXN
Mexico City49,000 MXN
Minatitlan29,400 MXN
Monclova35,000 MXN
Monterrey48,100 MXN
Morelia41,100 MXN
Naucalpan47,500 MXN
Navojoa29,100 MXN
Nezahualcoyotl47,800 MXN
Nogales34,400 MXN
Nuevo Laredo39,100 MXN
Oaxaca36,100 MXN
Ojo de Agua36,100 MXN
Orizaba29,700 MXN
Pachuca36,000 MXN
Piedras Negras32,000 MXN
Playa del Carmen32,200 MXN
Poza Rica33,400 MXN
Puebla48,700 MXN
Puerto Vallarta34,500 MXN
Queretaro41,500 MXN
Reynosa41,000 MXN
Salamanca32,600 MXN
Saltillo42,700 MXN
San Cristobal de las Casas33,800 MXN
San Juan del Rio31,100 MXN
San Luis Potosi42,100 MXN
San Luis Rio Colorado32,700 MXN
San Nicolas de los Garza39,700 MXN
San Pablo de las Salinas34,000 MXN
San Pedro Garza Garcia29,600 MXN
Soledad de Graciano Sanchez36,000 MXN
Tampico37,500 MXN
Tapachula34,000 MXN
Tehuacan35,900 MXN
Tepic38,300 MXN
Tijuana48,400 MXN
Tlalnepantla de Baz41,500 MXN
Tlaquepaque40,900 MXN
Toluca40,200 MXN
Tonala39,400 MXN
Torreon41,200 MXN
Tuxtla Gutierrez40,700 MXN
Uruapan36,600 MXN
Veracruz39,500 MXN
Villa Nicolas Romero37,200 MXN
Villahermosa38,800 MXN
Xalapa39,700 MXN
Xico38,500 MXN
Zacatecas30,300 MXN
Zamora de Hidalgo31,000 MXN
Zapopan48,300 MXN

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Mexico is 9% on average across all career fields.

Private Sector
32,000 MXN
Public Sector+9%
34,800 MXN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary in Business Planning in Mexico?

A good and competitive compensation would range anywhere between 32,100 MXN and 37,100 MXN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for jobs in Business Planning in Mexico ranges from 17,300 MXN to 26,200 MXN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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