HOME BROWSE SALARIES ARTICLES BEST PAYING JOBS SUBMIT SALARY
Browse Salaries
Best Paying Jobs
Articles
Submit Salary
Salary Increase Letters

Chartered Accountant Average Salary in Guadalajara 2024

How much money does a person working as Chartered Accountant make in Guadalajara?


Average Monthly Salary
39,100 MXN
( 469,000 MXN yearly)

LOW
19,200
MXN
AVERAGE
39,100
MXN
HIGH
61,000
MXN
All salary figures displayed here are per month except when noted otherwise.
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.

A person working as Chartered Accountant in Guadalajara typically earns around 39,100 MXN. Salaries range from 19,200 MXN (lowest) to 61,000 MXN (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Chartered Accountant salaries in Guadalajara vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Chartered Accountant Pay Scale and Salaries in Guadalajara

Median and salary distribution Guadalajara Chartered Accountant monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/guadalajara/accounting-and-finance/chartered-accountant/median-and-salary-distribution-monthly-guadalajara-chartered-accountant.jpg

Salary Structure and Pay Scale Comparison

5% of people earn
36,200 MXN or more
10% of people earn
32,000 to 36,200 MXN
20% of people earn
22,700 MXN or less
65% of people earn
22,700 to 32,000 MXN
Minimum Salary
19,200 MXN
Median
36,500 MXN
Maximum
61,000 MXN




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Chartered Accountant in Guadalajara range from 19,200 MXN (starting salary) to 61,000 MXN (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 36,500 MXN, half of the professionals who work as Chartered Accountant in Guadalajara earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Chartered Accountant in Guadalajara earn less than 29,800 MXN, while 75% earn more. Similarly, the chart shows that 75% earn less than 41,700 MXN while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Chartered Accountant in Guadalajara compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 22,700 MXN to 32,000 MXN. About 20% of salaries are below the 22,700 MXN mark, while 10% fall within the range of 32,000 MXN to 36,200 MXN. Only 5% of individuals have salaries exceeding 36,200 MXN.

Salary Comparison by Years of Experience / Chartered Accountant / Guadalajara

How do experience and age affect pay?

0 - 2 Years
22,700 MXN
2 - 5 Years+29%
29,200 MXN
5 - 10 Years+38%
40,300 MXN
10 - 15 Years+24%
49,900 MXN
15 - 20 Years+7%
53,400 MXN
20+ Years+7%
57,000 MXN
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Guadalajara Chartered Accountant
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/guadalajara/accounting-and-finance/chartered-accountant/salary-comparison-by-years-of-experience-monthly-guadalajara-chartered-accountant.jpg

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Chartered Accountant and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 22,700 MXN.

While someone with an experience level between two and five years is expected to earn 29,200 MXN, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 40,300 MXN, 38% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 49,900 MXN, 24% 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 53,400 MXN, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 57,000 MXN, 7% more than people with fifteen to twenty years of experience.

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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg

Salary Comparison By Education / Chartered Accountant / Guadalajara

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Chartered Accountant.

Certificate or Diploma
29,200 MXN
Bachelor's Degree+34%
39,200 MXN
Master's Degree+53%
60,100 MXN
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Guadalajara Chartered Accountant
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/guadalajara/accounting-and-finance/chartered-accountant/salary-comparison-by-education-level-monthly-guadalajara-chartered-accountant.jpg

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 salaries by education level for the position Chartered Accountant in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 29,200 MXN.


Level 2: Bachelor's Degree

At this level, the average salary becomes 39,200 MXN, 34% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 60,100 MXN, 53% more than the previous level.



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 Mexico costs anywhere from 167,000 MXN to 500,000 MXN 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 to a higher-paying job. The numbers seem to support the theory. 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.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg


Salary and Compensation Comparison By Gender / Chartered Accountant / Guadalajara

Salary comparison by gender Mexico Chartered Accountant monthly
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/accounting-and-finance/chartered-accountant/salary-comparison-by-gender-monthly-mexico-chartered-accountant.jpg

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Chartered Accountant in Mexico, the average difference between the salary of male and female employees is 8%.

Male
30,500 MXN
Female-7%
28,300 MXN
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Mexico for all Careers

Salary comparison by gender monthly Mexico
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/salary-comparison-by-gender-monthly-mexico.jpg


Average Annual Salary Increment Percentage / Chartered Accountant / Guadalajara

How much are annual salary increments in Guadalajara for individuals working as Chartered Accountant? How often do employees get salary raises?

Individuals working as Chartered Accountant in Mexico are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Mexico Chartered Accountant
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/accounting-and-finance/chartered-accountant/annual-salary-increment-rate-mexico-chartered-accountant.jpg


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.

Mexico / All Professions

Annual Salary Increment Rate Mexico
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/annual-salary-increment-rate-mexico.jpg

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.

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 Mexico is 5%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg

Salary Packages and Schemes

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.



Bonus and Incentive Rates / Chartered Accountant / Mexico

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Mexico Chartered Accountant
Share This Chart
        Get Chart Linkhttp://www.salaryexplorer.com/charts/mexico/accounting-and-finance/chartered-accountant/annual-salary-bonus-rate-mexico-chartered-accountant.jpg

100% of surveyed staff 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.

Received Bonus
%
No Bonus
100%

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.

Average Hourly Wage / Chartered Accountant / Guadalajara


230 MXN per hour

The average hourly wage (pay per hour) for individuals working as Chartered Accountant in Guadalajara is 230 MXN.This is the rate they get paid for every worked hour.


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

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Chartered Accountant in Guadalajara is 110 MXN. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner23,300 MXN-40%
Account Executive37,900 MXN-3%
Accountant28,800 MXN-26%
Accounting Analyst36,700 MXN-6%
Accounting Assistant22,300 MXN-43%
Accounting Associate21,700 MXN-44%
Accounting Clerk18,400 MXN-53%
Accounting Coordinator27,900 MXN-29%
Accounting Head60,100 MXN+54%
Accounting Manager67,100 MXN+72%
Accounting Officer21,900 MXN-44%
Accounting Specialist39,600 MXN+1%
Accounting Supervisor40,700 MXN+4%
Accounting Technician21,100 MXN-46%
Accounting Unit Controller49,400 MXN+26%
Accounts Executive40,200 MXN+3%
Accounts Officer22,700 MXN-42%
Accounts Payable and Receivable Specialist29,400 MXN-25%
Accounts Payable Assistant23,300 MXN-40%
Accounts Payable Associate27,200 MXN-30%
Accounts Payable Clerk23,300 MXN-40%
Accounts Payable Manager61,200 MXN+57%
Accounts Receivable Administrator42,700 MXN+9%
Accounts Receivable Clerk22,800 MXN-42%
Accounts Receivable Financial Analyst43,400 MXN+11%
Accounts Receivable Manager59,000 MXN+51%
Accounts Receivable Team Leader45,000 MXN+15%
Algorithmic Trading Specialist50,900 MXN+30%
Assistant Accountant23,700 MXN-39%
Assistant Accounting Manager58,500 MXN+50%
Assistant Auditor29,400 MXN-25%
Assistant Corporate Controller39,600 MXN+1%
Assistant Finance Manager64,500 MXN+65%
Assistant Financial Controller40,000 MXN+2%
Audit Director66,900 MXN+71%
Audit Supervisor52,700 MXN+35%
Auditing Clerk22,700 MXN-42%
Auditing Manager63,800 MXN+63%
Billing Clerk22,300 MXN-43%
Billing Coordinator26,300 MXN-33%
Billing Specialist31,600 MXN-19%
Billing Supervisor45,500 MXN+16%
Bookkeeper19,400 MXN-50%
Bookkeeping Specialist28,700 MXN-27%
Budget Analyst50,200 MXN+28%
Budget Manager59,400 MXN+52%
Business Support Analyst33,200 MXN-15%
Capital Markets Associate47,200 MXN+21%
Cash Flow Analyst47,600 MXN+22%
Cash Management Manager61,800 MXN+58%
Cash Management Officer35,500 MXN-9%
Cashbook Clerk20,400 MXN-48%
Chartered Accountant39,100 MXN+0%
Chief Accountant45,600 MXN+17%
Chief Financial Technology Officer60,100 MXN+54%
Collections Clerk19,300 MXN-51%
Collections Representative25,900 MXN-34%
Collections Specialist29,700 MXN-24%
Corporate Controller48,400 MXN+24%
Corporate Treasurer55,700 MXN+43%
Cost Accountant29,100 MXN-26%
Cost Accounting Manager57,300 MXN+47%
Cost Accounting Supervisor49,000 MXN+25%
Cost Analyst50,300 MXN+29%
Credit and Collection Manager57,600 MXN+47%
Credit and Collection Staff23,500 MXN-40%
Credit and Loans Officer22,600 MXN-42%
Credit Controller42,800 MXN+9%
Credit Manager64,500 MXN+65%
Debt Adviser49,800 MXN+27%
Debt Collector24,000 MXN-39%
Debtors Clerk20,100 MXN-49%
Debtors Controller21,900 MXN-44%
Deputy CFO85,700 MXN+120%
Deputy Head of Finance84,000 MXN+110%
Derivative Trader50,700 MXN+30%
Director of Finance91,400 MXN+130%
E-commerce Accountant31,900 MXN-18%
Economist73,800 MXN+89%
Equity Analyst53,300 MXN+36%
Escrow Assistant27,400 MXN-30%
Executive Accountant35,200 MXN-10%
External Auditor42,600 MXN+9%
Finance Administrator35,100 MXN-10%
Finance Analyst54,800 MXN+40%
Finance Associate25,900 MXN-34%
Finance Data Analyst49,500 MXN+27%
Finance Director87,000 MXN+120%
Finance Executive64,500 MXN+65%
Finance Licensing Clerk22,600 MXN-42%
Finance Licensing Manager59,200 MXN+51%
Finance Licensing Specialist33,200 MXN-15%
Finance Manager81,700 MXN+110%
Finance Officer29,600 MXN-24%
Finance President91,400 MXN+130%
Finance Relationship Manager73,100 MXN+87%
Finance Release Analyst33,800 MXN-14%
Finance Specialist47,800 MXN+22%
Finance Team Leader 69,800 MXN+79%
Financial Accountant29,400 MXN-25%
Financial Actuary46,900 MXN+20%
Financial Administrator52,300 MXN+34%
Financial Advisor57,400 MXN+47%
Financial Analyst55,900 MXN+43%
Financial Applications Specialist36,500 MXN-7%
Financial Assistant23,300 MXN-40%
Financial Associate29,900 MXN-24%
Financial Claims Analyst41,000 MXN+5%
Financial Claims Manager53,600 MXN+37%
Financial Claims Supervisor49,300 MXN+26%
Financial Clerk22,800 MXN-42%
Financial Commercial Analyst42,500 MXN+9%
Financial Compliance Analyst46,600 MXN+19%
Financial Compliance Officer48,100 MXN+23%
Financial Consultant41,000 MXN+5%
Financial Controller46,400 MXN+19%
Financial Coordinator29,000 MXN-26%
Financial Customer Service Manager56,000 MXN+43%
Financial Data Scientist55,900 MXN+43%
Financial Dealer and Broker33,900 MXN-13%
Financial Director85,200 MXN+120%
Financial Encoder25,000 MXN-36%
Financial Manager83,400 MXN+110%
Financial Modelling Analyst53,400 MXN+37%
Financial Operations Manager75,100 MXN+92%
Financial Policy Analyst45,200 MXN+16%
Financial Project Manager59,400 MXN+52%
Financial Quantitative Analyst50,700 MXN+30%
Financial Reporting Consultant42,500 MXN+9%
Financial Reporting Manager55,700 MXN+43%
Financial Section Head58,600 MXN+50%
Financial Services Manager75,100 MXN+92%
Financial Services Sales Agent31,900 MXN-18%
Financial Technology Consultant46,300 MXN+18%
Financial Wellness Coach59,800 MXN+53%
FinTech Analyst49,600 MXN+27%
Fixed Assets Administrator30,700 MXN-21%
Forensic Accountant36,900 MXN-6%
Fraud Detection Supervisor37,400 MXN-4%
Fraud Prevention Manager61,300 MXN+57%
Fund Accountant28,400 MXN-27%
Grants Coordinator22,300 MXN-43%
Green Finance Analyst48,000 MXN+23%
Group Financial Manager88,800 MXN+130%
Internal Auditor40,200 MXN+3%
Internal Control Adviser47,700 MXN+22%
Internal Control Officer26,200 MXN-33%
International Tax Director69,900 MXN+79%
Inventory Accountant32,200 MXN-18%
Investment Advisor78,800 MXN+100%
Investment Analyst57,600 MXN+47%
Investment Associate51,500 MXN+32%
Investment Broker48,400 MXN+24%
Investment Fund Manager67,700 MXN+73%
Investment Operations Manager70,400 MXN+80%
Investment Underwriter25,500 MXN-35%
Investor37,800 MXN-3%
Investor Relations Manager58,200 MXN+49%
KYC Team Leader56,300 MXN+44%
Loan Processor23,900 MXN-39%
Management Accountant32,800 MXN-16%
Management Economist67,400 MXN+72%
Paymaster23,800 MXN-39%
Payroll Administrator40,000 MXN+2%
Payroll Benefits Coordinator34,900 MXN-11%
Payroll Billing Manager57,100 MXN+46%
Payroll Clerk26,200 MXN-33%
Payroll Manager54,400 MXN+39%
Payroll Officer27,000 MXN-31%
Payroll Specialist31,900 MXN-18%
Payroll Supervisor37,500 MXN-4%
Pensions Administrator30,600 MXN-22%
Personal Financial Advisor46,500 MXN+19%
Pricing Analyst49,300 MXN+26%
Private Equity Analyst54,900 MXN+40%
Project Accountant31,000 MXN-21%
Proposal Development Coordinator25,700 MXN-34%
Quantitative Trader44,000 MXN+13%
Receivables Accountant28,900 MXN-26%
Regulatory Accountant33,900 MXN-13%
Retirement Plan Analyst48,400 MXN+24%
Revenue Management Specialist49,800 MXN+27%
Revenue Recognition Analyst57,200 MXN+46%
Risk Management Director75,100 MXN+92%
Risk Management Supervisor61,200 MXN+57%
Staff Accountant29,300 MXN-25%
Tax Accountant28,100 MXN-28%
Tax Administrator33,600 MXN-14%
Tax Advisor46,900 MXN+20%
Tax Analyst46,400 MXN+19%
Tax Associate25,000 MXN-36%
Tax Consultant47,900 MXN+23%
Tax Director68,900 MXN+76%
Tax Examiner31,900 MXN-18%
Tax Manager62,500 MXN+60%
Tax Research Manager61,900 MXN+58%
Teller17,900 MXN-54%
Treasury Accountant31,700 MXN-19%
Treasury Analyst50,300 MXN+29%
Underwriter20,200 MXN-48%
Underwriting Assistant20,800 MXN-47%
Vice President of Finance83,200 MXN+110%

Salary Comparison By City

CityAverage Salary
Cancun35,500 MXN
Guadalajara39,100 MXN
Mexico City37,500 MXN

Government vs Private Sector Salary Comparison

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 Mexico is 9% on average across all career fields.

Private Sector
32,000 MXN
Public Sector+9%
34,800 MXN
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Chartered Accountant in Guadalajara?

A good and competitive compensation would range anywhere between 36,500 MXN and 41,700 MXN. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

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.

Base / Basic Salary

The base salary for a careers like Chartered Accountant in Guadalajara ranges from 19,200 MXN to 29,800 MXN. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


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

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


Browse Salaries

Salary Increase Letters

Best Paying Jobs
Home BROWSE SALARIES ARTICLES BEST PAYING JOBS Salary Comparison Arabic Spanish

©Salary Explorer 2024