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Executive and Management Average Salaries in Guatemala 2020

How much money does a person working in Executive and Management make in Guatemala?


Average Monthly Salary
14,300 GTQ
( 171,000 GTQ yearly)

LOW
4,680
GTQ
AVERAGE
14,300
GTQ
HIGH
23,400
GTQ

A person working in Executive and Management in Guatemala typically earns around 14,300 GTQ per month. Salaries range from 4,680 GTQ (lowest average) to 23,400 GTQ (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Executive and Management careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Account Coordinator9,100 GTQ
Administration Manager11,800 GTQ
Area Manager10,300 GTQ
Asset Protection Associate12,400 GTQ
Assistant Director11,400 GTQ
Assistant Manager12,100 GTQ
Assistant Operations Manager12,900 GTQ
Assistant Project Manager11,600 GTQ
Assistant Section Head9,420 GTQ
Assistant to CEO10,600 GTQ
Assistant Vice President12,500 GTQ
Associate Director11,400 GTQ
Bid Manager13,600 GTQ
Branch Manager12,400 GTQ
Business Development Manager13,900 GTQ
Business Operations Associate12,300 GTQ
Business Operations Lead12,500 GTQ
Campaign Manager13,000 GTQ
Chairman of The Board21,200 GTQ
Chairman Office Manager13,700 GTQ
Chief Corporate Officer17,300 GTQ
Chief Executive Officer21,400 GTQ
Chief Financial Officer21,400 GTQ
Chief of Staff10,900 GTQ
Chief Operating Officer17,600 GTQ
Chief Risk Officer14,500 GTQ
Client Services Manager14,000 GTQ
Commercial Project Manager12,200 GTQ
Commodity Broker9,530 GTQ
Corporate Affairs Executive13,500 GTQ
Corporate Compliance Director15,000 GTQ
Corporate Director15,700 GTQ
Corporate Officer10,700 GTQ
Corporate Partnerships Officer10,900 GTQ
Country Manager16,900 GTQ
Deputy Director16,000 GTQ
Director17,900 GTQ
Director of Accreditation14,800 GTQ
Director of Catering Services13,200 GTQ
Director of Client Services14,500 GTQ
Director of Facilities Management11,900 GTQ
Director of Operations15,600 GTQ
Director of Process Simplification11,600 GTQ
Director of Project Management16,200 GTQ
Director of Revenue Management13,100 GTQ
Director of Training and Development13,700 GTQ
Distribution Manager16,000 GTQ
Division Manager13,700 GTQ
Duty Manager12,800 GTQ
Engagement Manager15,700 GTQ
Executive Director22,800 GTQ
Executive Manager17,400 GTQ
Franchise Manager19,600 GTQ
General Manager17,800 GTQ
Global Master Data Manager14,900 GTQ
Head of Middle Office14,000 GTQ
Head of Projects15,500 GTQ
Head of Sustainability12,500 GTQ
Housing Manager12,200 GTQ
HSE Manager12,600 GTQ
Key Account Manager12,000 GTQ
Knowledge Manager15,000 GTQ
Location Manager14,100 GTQ
Logistics Manager11,500 GTQ
Management Consultant12,000 GTQ
Management Executive15,900 GTQ
Manager15,000 GTQ
Managing Director17,900 GTQ
MIS Executive15,600 GTQ
Ocean Services Manager15,100 GTQ
Operations Assistant11,400 GTQ
Operations Director16,100 GTQ
Operations Executive16,800 GTQ
Operations Manager16,600 GTQ
Operations Supervisor13,600 GTQ
Policy Administration Executive12,300 GTQ
Private Sector Executive13,000 GTQ
Product Development Manager15,500 GTQ
Product Executive12,700 GTQ
Production Executive14,700 GTQ
Production Manager14,700 GTQ
Production Supervisor13,300 GTQ
Program Manager14,900 GTQ
Programme Coordinator10,700 GTQ
Project Control Manager14,900 GTQ
Project Coordinator9,520 GTQ
Project Management Officer10,600 GTQ
Project Manager10,800 GTQ
Project Portfolio Manager11,800 GTQ
Quality Manager11,600 GTQ
R/D Director13,900 GTQ
Regional Director21,500 GTQ
Regional Manager15,900 GTQ
Relationship Manager15,300 GTQ
Retail District Manager10,300 GTQ
Revenue Manager12,400 GTQ
Risk and Capital Manager16,800 GTQ
Risk Officer11,100 GTQ
Safety Manager11,400 GTQ
Section Head11,200 GTQ
Service Manager11,700 GTQ
Shift Supervisor9,510 GTQ
Solutions Manager11,100 GTQ
Supervisor9,440 GTQ
Supply Chain Manager15,300 GTQ
Surveyor10,900 GTQ
Technical Manager14,800 GTQ
Territory Manager14,500 GTQ
Validation Manager12,800 GTQ
Vice President18,300 GTQ
Zone Manager15,600 GTQ

Executive and Management Jobs Salary Distribution in Guatemala

Median and salary distribution monthly Guatemala Executive and Management
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The median, the maximum, the minimum, and the range

  • Salary Range

    Executive and Management salaries in Guatemala range from 4,680 GTQ per month (minimum average salary) to 23,400 GTQ per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 13,700 GTQ per month, which means that half (50%) of people working in Executive and Management are earning less than 13,700 GTQ while the other half are earning more than 13,700 GTQ. 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Executive and Management are earning less than 8,270 GTQ while 75% of them are earning more than 8,270 GTQ. Also from the diagram, 75% of people working in Executive and Management are earning less than 17,800 GTQ while 25% are earning more than 17,800 GTQ.


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

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

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 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.


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.

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.

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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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 degrees levels across many jobs, below are our findings.


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.

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 cerificate 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 Guatemala costs anywhere from 52,400 Quetzal(s) to 157,000 Quetzal(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 this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

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

Executive and Management Salary Comparison By Gender

Salary comparison by gender monthly Guatemala Executive and Management
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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? Male employees in Guatemala who work in Executive and Management earn 14% more than their female counterparts on average.

Female
13,500 GTQ
Male+14%
15,500 GTQ
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Guatemala for all Careers

Salary comparison by gender monthly Guatemala
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Executive and Management Average Annual Salary Increment Percentage in Guatemala

How much are annual salary increments in Guatemala for Executive and Management professionals? How often do employees get salary raises?

Executive and Management

Executive and Management professionals in Guatemala are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 7% granted to employees every 19 months.

Annual Salary Increment Rate Guatemala Executive and Management
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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.

Guatemala / All Professions

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.

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 Guatemala is 4%.

Annual Increment Rate By Industry 2019

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Listed above are the average annual increase rates for each industry in Guatemala for the year 2019. 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.


Worldwide Salary Raises: All Countries and All Jobs

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Executive and Management Bonus and Incentive Rates in Guatemala

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Guatemala Executive and Management
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Executive and Management is considered to be a high bonus-based field 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.

27% of surveyed staff in Executive and Management reported that they haven't received any bonuses or incentives in the previous year while 73% 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
73%
No Bonus
27%

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.

Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Guatemala
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Where can you get paid more, working for a private company or for the government? Public sector employees in Guatemala earn 11% more than their private sector counterparts on average across all sectors.

Private Sector
10,000 GTQ
Public Sector+11%
11,100 GTQ
Percentage increase and decrease are relative to the previous value

Executive and Management Hourly Average Wage in Guatemala


82 GTQ per hour

The average hourly wage (pay per hour) in Guatemala is 82 GTQ. This means that the average person in Guatemala earns approximately 82 GTQ for every worked hour.


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

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.

Executive and Management VS Other Jobs

Salary Comparison Between Executive and Management and Executive and Management monthly Guatemala
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The average salary for Executive and Management is 36% more than that of All Jobs.

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