A person working in Buenos Aires typically earns around 52,200 ARS. Salaries range from 13,200 ARS (lowest average) to 232,000 ARS (highest average, actual maximum salary is higher).
This is the average salary including housing, transport, and other benefits. Salaries in Buenos Aires vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Salaries in Buenos Aires range from 13,200 ARS (starting salary) to 232,000 ARS (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.
The median salary is 44,500 ARS, which means that 50% of the population in Buenos Aires earns less than that while the other half earns more. 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 the population in Buenos Aires earn less than 32,100 ARS while 75% of them earn more. Also from the diagram, 75% of the population earn less than 67,400 ARS while 25% earn more than that.
We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights into how salaries are actually distributed in Buenos Aires. Around 65% of all reported figures are in the range 29,400 ARS to 75,700 ARS. Approximately 20% fall under the 29,400 ARS cap. Ten percent of wages are from 75,700 ARS to 96,700 ARS. Only 5% of people grossed 96,700 ARS or more.
Salary is primarily determined by the level of experience one possesses, with higher levels of experience resulting in higher wages.
In Buenos Aires, employees with two to five years of experience typically earn an average of 32% more than entry-level and junior workers in all industries and fields.
Individuals with more than five years of experience tend to earn an average of 36% more than those with less than five years of experience.
After ten years of work, salaries increase by 21%, with an additional 14% increase for those who have worked for over 15 years.
These figures should be used as rough estimates, as considering individual job titles can lead to more accurate assessments.
The correlation between higher education and higher salary is widely acknowledged, but how much of an income increase can one expect from obtaining a degree?
We conducted a study in Buenos Aires comparing the salaries of professionals with different levels of college degrees who held similar positions in various industries.
Our results showed that individuals with a certificate or diploma earned an average of 17% more than those who only completed high school.
Those who obtained a Bachelor's Degree earned 24% more than their counterparts with a certificate or diploma.
Professionals with a Master's Degree earned 29% more than those with a Bachelor's Degree.
Finally, those who held a PhD earned an average of 23% more than those with a Master's Degree while performing the same job.
Earning a Master's degree or any post-graduate qualification in Argentina is a substantial financial commitment, with tuition fees ranging from 227,000 ARS to 680,000 ARS and a duration of around two years. It's important to note that during this period, any salary increases are unlikely, assuming ongoing employment. Salary reviews are typically conducted after completing the program and obtaining the degree.
Many individuals pursue advanced education as a means of transitioning to higher-paying positions, and the statistics indicate that this is an effective strategy. On average, individuals who change jobs after earning a higher degree receive a salary increase of about 10% more than the typical annual raise.
Ultimately, deciding whether or not to pursue advanced education depends on a variety of factors, including the personal situation and experience. However, if one can afford the financial costs of obtaining a higher degree, the return on investment is likely to be worthwhile, with the ability to recoup the costs in approximately a year.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In Argentina, the average difference between the salary of male and female employees is 6% across all career fields.
Employees in Argentina are likely to observe a salary increase of approximately 9% every 17 months.
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.
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
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.
100% of surveyed staff in Argentina reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % 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.
|Marketing / Advertising|
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.
|Job Title||Average Salary|
|Accounting and Finance|
|Accounting Assistant||27,600 ARS|
|Accounting Manager||77,400 ARS|
|Chartered Accountant||44,800 ARS|
|Corporate Treasurer||72,400 ARS|
|Financial Analyst||63,200 ARS|
|Financial Manager||105,000 ARS|
|Internal Auditor||50,000 ARS|
Administration / Reception / Secretarial
|Administrative Assistant||26,000 ARS|
|Office Manager||43,800 ARS|
Advertising / Graphic Design / Events
|Art Director||48,800 ARS|
|Creative Director||53,100 ARS|
|Graphic Designer||33,000 ARS|
Airlines / Aviation / Aerospace / Defense
|Aerospace Engineer||62,800 ARS|
|Air Traffic Controller||57,100 ARS|
|Flight Attendant||34,500 ARS|
|CAD Drafter||26,200 ARS|
|Service Advisor||33,800 ARS|
|Bank Branch Manager||91,000 ARS|
|Business Analyst||61,000 ARS|
|Business Development Manager||84,500 ARS|
|Project Manager||62,200 ARS|
Care Giving and Child Care
|Nursery Teacher||19,400 ARS|
Construction / Building / Installation
|Civil Engineer||49,400 ARS|
|Construction Project Manager||88,500 ARS|
|Health and Safety Officer||21,900 ARS|
Customer Service and Call Center
|Call Center Representative||19,400 ARS|
|Customer Service Manager||69,600 ARS|
|Customer Service Representative||18,500 ARS|
|Civil Engineer||48,400 ARS|
|Electrical Engineer||49,800 ARS|
|Mechanical Engineer||50,000 ARS|
Executive and Management
|Chief Executive Officer||121,000 ARS|
|Chief Financial Officer||109,000 ARS|
|General Manager||90,300 ARS|
|Project Manager||56,600 ARS|
Food / Hospitality / Tourism / Catering
|Executive Chef||37,300 ARS|
|Hotel Manager||94,700 ARS|
|Travel Agent||33,300 ARS|
|Waiter / Waitress||15,900 ARS|
Health and Medical
|Laboratory Technician||39,700 ARS|
|Human Resources Manager||73,500 ARS|
|Human Resources Officer||30,000 ARS|
|Computer Technician||40,900 ARS|
|Database Administrator||48,900 ARS|
|Developer / Programmer||50,800 ARS|
|Information Technology Manager||88,100 ARS|
|Network Engineer||43,200 ARS|
Law Enforcement / Security / Fire
|Police Officer||29,900 ARS|
|Legal Assistant||27,500 ARS|
Media / Broadcasting / Arts / Entertainment
Pharmaceutical and Biotechnology
|Biomedical Engineer||41,900 ARS|
Sales Retail and Wholesale
|Sales Manager||90,300 ARS|
|Sales Representative||32,500 ARS|
Teaching / Education
|Elementary School Teacher||35,600 ARS|
|Secondary School Teacher||42,300 ARS|
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.
The minimum pay rate per hour for a person in Buenos Aires is 76 ARS. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
|Bahia Blanca||48,600 ARS|
|Buenos Aires||52,200 ARS|
|La Plata||51,000 ARS|
|Mar del Plata||50,600 ARS|
|San Juan||44,500 ARS|
|San Miguel de Tucuman||50,100 ARS|
|Santa Fe||49,300 ARS|
|Santiago del Estero||47,500 ARS|
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 Argentina is 7% on average across all career fields.
It is extremely difficult to give an exact figure of a good salary when no specific job is selected, however; an estimate can be provided based purely on the cost of living. A good compensation in Buenos Aires would range anywhere between 44,500 ARS and 67,400 ARS.
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.
The base salary in Buenos Aires ranges from 13,200 ARS to 32,100 ARS. The base salary depends on many factors including profession, experience, and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
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