A person working as a Software Engineer in Mexico typically earns around 30,600 MXN per month. Salaries range from 15,300 MXN (lowest) to 47,400 MXN (highest).
This is the average monthly salary including housing, transport, and other benefits. Software Engineer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Software Engineer salaries in Mexico range from 15,300 MXN per month (minimum salary) to 47,400 MXN per month (maximum salary).
The median salary is 30,600 MXN per month, which means that half (50%) of people working as Software Engineer(s) are earning less than 30,600 MXN while the other half are earning more than 30,600 MXN. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Software Engineer(s) are earning less than 20,700 MXN while 75% of them are earning more than 20,700 MXN. Also from the diagram, 75% of Software Engineer(s) are earning less than 39,000 MXN while 25% are earning more than 39,000 MXN.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning 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
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Software Engineer salaries by experience level and this is what we found.
A Software Engineer with less than two years of experience makes approximately 18,400 MXN per month.
While someone with an experience level between two and five years is expected to earn 24,300 MXN per month, 32% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 32,500 MXN per month, 34% more than someone with two to five years of experience.
Additionally, Software Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 38,800 MXN per month, 19% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 41,800 MXN per month, 8% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 44,900 MXN per month, 7% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+32%|
|5 - 10 Years||+34%|
|10 - 15 Years||+19%|
|15 - 20 Years||+8%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Software Engineer salaries by education level in order to make a comparison.
When the education level is Certificate or Diploma, the average salary of a Software Engineer is 24,300 MXN per month.
While someone with a Bachelor's Degree gets a salary of 33,300 MXN per month, 37% more than someone having a Certificate or Diploma degree.
A Master's Degree gets its holder an average salary of 42,900 MXN per month, 29% more than someone with a Bachelor's Degree.
|Certificate or Diploma|
A Master's degree program or any post-graduate program in Mexico costs anywhere from 166,000 Mexican Peso(s) to 498,000 Mexican Peso(s) and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you 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 into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Software Engineer employees in Mexico earn 6% more than their female counterparts on average.
Software Engineer(s) in Mexico are likely to observe a salary increase of approximately 12% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely 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.
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
Listed above are the average annual increase rates for each industry in Mexico for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Software Engineer is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
46% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 54% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
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.
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.
The main two types of jobs
|Revenue Generators||Supporting 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.
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.
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.
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 fix 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.
The average salary for Software Engineer is 11% less than that of Data Analysis. Also, Data Analysis salaries are 3% more than those of Information Technology.
|Job Title||Average Salary|
|Business Intelligence Analyst||35,600 MXN||+16%|
|Business Systems Analyst||28,400 MXN||-7%|
|Data Quality Analyst||30,200 MXN||-1%|
|Director of Application Development||49,500 MXN||+62%|
|Disaster Recovery Analyst||30,800 MXN||+1%|
|Enterprise Infrastructure Architect||43,300 MXN||+41%|
|ERP Analyst||33,800 MXN||+10%|
|Functional Analyst||34,600 MXN||+13%|
|Information Technology Training Analyst||31,300 MXN||+2%|
|OPS Manager||42,800 MXN||+40%|
|Reporting Analyst||30,700 MXN||+0%|
|Salesforce Administrator||31,500 MXN||+3%|
|SOA Analyst||32,600 MXN||+7%|
|Software Analyst||31,100 MXN||+2%|
|Software Architect||32,100 MXN||+5%|
|Software Engineer||30,600 MXN||-0%|
|Solutions Architect||41,800 MXN||+37%|
|Systems Analyst||31,000 MXN||+1%|
|Systems Architect||33,100 MXN||+8%|
|Technical Analyst||27,200 MXN||-11%|
|Technology Business Analyst||33,600 MXN||+10%|
|Boca del Rio||26,100 MXN|
|Cholula de Rivadabia||29,600 MXN|
|Ciudad Apodaca||34,700 MXN|
|Ciudad del Carmen||27,800 MXN|
|Ciudad Juarez||27,900 MXN|
|Ciudad Lopez Mateos||35,800 MXN|
|Ciudad Obregon||34,900 MXN|
|Ciudad Santa Catarina||34,200 MXN|
|Ciudad Valles||27,500 MXN|
|Ciudad Victoria||33,400 MXN|
|Cuautitlan Izcalli||36,800 MXN|
|Ecatepec de Morelos||39,800 MXN|
|General Escobedo||34,300 MXN|
|Gomez Palacio||34,100 MXN|
|Hidalgo del Parral||25,500 MXN|
|La Paz||31,400 MXN|
|Los Mochis||33,400 MXN|
|Los Reyes la Paz||32,000 MXN|
|Mexico City||42,500 MXN|
|Nuevo Laredo||35,100 MXN|
|Ojo de Agua||32,300 MXN|
|Piedras Negras||28,000 MXN|
|Playa del Carmen||26,500 MXN|
|Poza Rica||28,700 MXN|
|Puerto Vallarta||31,500 MXN|
|San Cristobal de las Casas||28,600 MXN|
|San Juan del Rio||25,900 MXN|
|San Luis Potosi||40,000 MXN|
|San Luis Rio Colorado||26,800 MXN|
|San Nicolas de los Garza||37,500 MXN|
|San Pablo de las Salinas||29,500 MXN|
|San Pedro Garza Garcia||26,300 MXN|
|Soledad de Graciano Sanchez||30,400 MXN|
|Tlalnepantla de Baz||36,900 MXN|
|Tuxtla Gutierrez||35,800 MXN|
|Villa Nicolas Romero||33,200 MXN|
|Zamora de Hidalgo||26,500 MXN|
Where can you get paid more, working for a private company or for the government? Public sector employees in Mexico earn 9% more than their private sector counterparts on average across all sectors.