A person working as a Media Production Manager in Honduras typically earns around 36,400 HNL per month. Salaries range from 16,700 HNL (lowest) to 57,800 HNL (highest).
This is the average monthly salary including housing, transport, and other benefits. Media Production Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Media Production Manager salaries in Honduras range from 16,700 HNL per month (minimum salary) to 57,800 HNL per month (maximum salary).
The median salary is 39,300 HNL per month, which means that half (50%) of people working as Media Production Manager(s) are earning less than 39,300 HNL while the other half are earning more than 39,300 HNL. 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 Media Production Manager(s) are earning less than 25,200 HNL while 75% of them are earning more than 25,200 HNL. Also from the diagram, 75% of Media Production Manager(s) are earning less than 52,400 HNL while 25% are earning more than 52,400 HNL.
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 Media Production Manager salaries by experience level and this is what we found.
A Media Production Manager with less than two years of experience makes approximately 19,000 HNL per month.
While someone with an experience level between two and five years is expected to earn 25,400 HNL per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 37,500 HNL per month, 48% more than someone with two to five years of experience.
Additionally, Media Production Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 45,700 HNL per month, 22% 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 49,800 HNL per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 53,900 HNL per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
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 Media Production Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Media Production Manager is 23,300 HNL per month.
While someone with a Certificate or Diploma gets a salary of 27,400 HNL per month, 18% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 39,700 HNL per month, 45% more than someone with a Certificate or Diploma.
Professionals who hold a Master's Degree are rewarded with an average salary of 52,100 HNL per month, 31% more than someone with Bachelor's Degree.
|Certificate or Diploma||+18%|
A Master's degree program or any post-graduate program in Honduras costs anywhere from 141,000 Lempira(s) to 422,000 Lempira(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 Media Production Manager employees in Honduras earn 15% more than their female counterparts on average.
Media Production Manager(s) in Honduras are likely to observe a salary increase of approximately 8% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 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 Honduras 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 Media Production Manager is considered to be a high 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.
33% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 67% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% 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 Media Production Manager is 37% more than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.
|Job Title||Average Salary|
|Advertising Account Executive||28,200 HNL||-22%|
|Advertising Account Manager||31,200 HNL||-14%|
|Advertising Account Planner||16,900 HNL||-54%|
|Advertising Coordinator||21,200 HNL||-42%|
|Advertising Manager||42,500 HNL||+17%|
|Advertising Operations Manager||42,500 HNL||+17%|
|Advertising Strategic Planner||29,500 HNL||-19%|
|Advertising Team Leader||25,700 HNL||-29%|
|Art Director||25,900 HNL||-29%|
|Assistant Art Director||20,300 HNL||-44%|
|Audiosual Technician||15,100 HNL||-58%|
|Broadcast Administrator||26,900 HNL||-26%|
|Catering Sales||17,000 HNL||-53%|
|Catering Trainer||19,600 HNL||-46%|
|Commercial and Industrial Designer||15,500 HNL||-57%|
|Conference Organiser||19,800 HNL||-46%|
|Content and Media Production Lead||30,600 HNL||-16%|
|Creative Designer||20,500 HNL||-44%|
|Creative Director||25,200 HNL||-31%|
|Desktop Publisher||13,100 HNL||-64%|
|Director of Graphic Design||23,900 HNL||-34%|
|Events and Promotions Manager||45,200 HNL||+24%|
|Exhibit Display Coordinator||21,300 HNL||-41%|
|Exhibit Display Manager||28,200 HNL||-22%|
|Graphic Artist||16,200 HNL||-55%|
|Graphic Designer||17,400 HNL||-52%|
|Graphics Design Supervisor||23,900 HNL||-34%|
|Imagery Analyst||16,300 HNL||-55%|
|Imaging Technologist||16,200 HNL||-55%|
|Interaction Designer||13,900 HNL||-62%|
|Media Planner||22,700 HNL||-38%|
|Media Production Coordinator||20,300 HNL||-44%|
|Media Production Manager||36,400 HNL||+0%|
|Media Project Manager||34,500 HNL||-5%|
|Media Relations Representative||29,700 HNL||-18%|
|Media Sales Executive||32,800 HNL||-10%|
|Multimedia Specialist||16,200 HNL||-55%|
|PPC Campaign Manager||26,700 HNL||-27%|
|Print Production Manager||29,800 HNL||-18%|
|Product and Brand Manager||42,800 HNL||+18%|
|Sales Promotion Manager||41,800 HNL||+15%|
|Sketch Artist||18,300 HNL||-50%|
|Social Media Executive||33,400 HNL||-8%|
|Technical Typist||12,600 HNL||-65%|
|User Experience UX Designer||18,900 HNL||-48%|
|UX Designer||16,200 HNL||-55%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Honduras earn 14% more than their private sector counterparts on average across all sectors.