A person working in Pharmaceutical and Biotechnology in Mexico typically earns around 44,700 MXN per month. Salaries range from 22,300 MXN (lowest average) to 79,100 MXN (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Pharmaceutical and Biotechnology careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
|Job Title||Average Salary|
|Assistant Pharmacist||28,200 MXN|
|Assistant Pharmacy Director||53,000 MXN|
|Associate Medical Affairs Director||75,000 MXN|
|Bioinformatics Scientist||63,400 MXN|
|Bioinformatics Technician||30,500 MXN|
|Biological Scientist||66,800 MXN|
|Biological Technician||29,800 MXN|
|Biomedical Engineer||29,700 MXN|
|Biomedical Engineering Director||54,300 MXN|
|Biotechnology Lead Data Manager||34,300 MXN|
|Chemical Process Technician||30,900 MXN|
|Clinical Consultant||44,100 MXN|
|Clinical Data Manager||41,700 MXN|
|Clinical Data Specialist||39,900 MXN|
|Clinical Operations Manager||61,700 MXN|
|Clinical Pharmacist||44,300 MXN|
|Clinical Pharmacy Specialist||52,400 MXN|
|Clinical Programmer||21,700 MXN|
|Clinical Project Manager||39,900 MXN|
|Clinical Research Associate||37,100 MXN|
|Clinical Research Manager||59,800 MXN|
|Clinical Study Manager||53,000 MXN|
|Compliance Specialist||44,800 MXN|
|Cytology Laboratory Technologist||35,700 MXN|
|GCP Auditor||36,500 MXN|
|Hospital Pharmacy Technician||33,700 MXN|
|Manufacturing Engineer||36,200 MXN|
|Medical Affairs Director||70,500 MXN|
|Medical Representative||29,700 MXN|
|Medical Science Liaison||47,100 MXN|
|Molecular and Cellular Biologist||68,400 MXN|
|Nuclear Pharmacist||46,200 MXN|
|Pharmaceutical Manufacturing Lead||81,000 MXN|
|Pharmaceutical Operations Excellence Manager||71,700 MXN|
|Pharmaceutical Process Engineer||38,500 MXN|
|Pharmaceutical Production Assistant Manager||47,600 MXN|
|Pharmaceutical Quality Auditor||47,100 MXN|
|Pharmaceutical Regulatory Affairs Assistant||35,400 MXN|
|Pharmaceutical Regulatory Affairs Specialist||40,000 MXN|
|Pharmaceutical Research Associate||45,600 MXN|
|Pharmaceutical Research Scientist||64,100 MXN|
|Pharmaceutical Researcher||60,500 MXN|
|Pharmaceutical Sales and Marketing Manager||52,200 MXN|
|Pharmaceutical Sales Manager||63,900 MXN|
|Pharmaceutical Sales Representative||29,200 MXN|
|Pharmaceutical Supply Chain Manager||68,500 MXN|
|Pharmaceutical Team Leader||48,200 MXN|
|Pharmaceutical Technologist||31,300 MXN|
|Pharmacy Aide||27,300 MXN|
|Pharmacy Manager||61,000 MXN|
|Pharmacy Stock Controller||26,300 MXN|
|Pharmacy Technician||24,400 MXN|
|Records Management Coordinator||23,800 MXN|
|Shift Encapsulator||24,900 MXN|
|Staff Pharmacist||42,500 MXN|
Pharmaceutical and Biotechnology salaries in Mexico range from 22,300 MXN per month (minimum average salary) to 79,100 MXN per month (maximum average salary, actual maximum is higher).
The median salary is 42,000 MXN per month, which means that half (50%) of people working in Pharmaceutical and Biotechnology are earning less than 42,000 MXN while the other half are earning more than 42,000 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 people working in Pharmaceutical and Biotechnology are earning less than 28,900 MXN while 75% of them are earning more than 28,900 MXN. Also from the diagram, 75% of people working in Pharmaceutical and Biotechnology are earning less than 56,900 MXN while 25% are earning more than 56,900 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 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.
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.
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.
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.
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 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.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Mexico who work in Pharmaceutical and Biotechnology earn 12% more than their female counterparts on average.
Pharmaceutical and Biotechnology professionals in Mexico are likely to observe a salary increase of approximately 9% every 17 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 2020. 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.
Pharmaceutical and Biotechnology is considered to be a moderate 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.
51% of surveyed staff in Pharmaceutical and Biotechnology reported that they haven't received any bonuses or incentives in the previous year while 49% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% 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 Pharmaceutical and Biotechnology is 34% more than that of All Jobs.
|Boca del Rio||39,500 MXN|
|Cholula de Rivadabia||41,800 MXN|
|Ciudad Apodaca||50,200 MXN|
|Ciudad del Carmen||41,300 MXN|
|Ciudad Juarez||41,000 MXN|
|Ciudad Lopez Mateos||50,400 MXN|
|Ciudad Obregon||47,400 MXN|
|Ciudad Santa Catarina||46,200 MXN|
|Ciudad Valles||38,400 MXN|
|Ciudad Victoria||46,900 MXN|
|Cuautitlan Izcalli||50,300 MXN|
|Ecatepec de Morelos||61,000 MXN|
|General Escobedo||48,600 MXN|
|Gomez Palacio||45,900 MXN|
|Hidalgo del Parral||36,300 MXN|
|La Paz||44,200 MXN|
|Los Mochis||46,100 MXN|
|Los Reyes la Paz||45,700 MXN|
|Mexico City||60,900 MXN|
|Nuevo Laredo||48,600 MXN|
|Ojo de Agua||45,000 MXN|
|Piedras Negras||39,800 MXN|
|Playa del Carmen||40,100 MXN|
|Poza Rica||41,600 MXN|
|Puerto Vallarta||42,900 MXN|
|San Cristobal de las Casas||42,000 MXN|
|San Juan del Rio||38,800 MXN|
|San Luis Potosi||52,400 MXN|
|San Luis Rio Colorado||40,700 MXN|
|San Nicolas de los Garza||49,400 MXN|
|San Pablo de las Salinas||42,300 MXN|
|San Pedro Garza Garcia||36,800 MXN|
|Soledad de Graciano Sanchez||44,800 MXN|
|Tlalnepantla de Baz||51,600 MXN|
|Tuxtla Gutierrez||50,600 MXN|
|Villa Nicolas Romero||46,300 MXN|
|Zamora de Hidalgo||38,600 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.