Branch Manager Average Salary in Mexico 2024
How much money does a person working as Branch Manager make in Mexico?
LOW
19,600
MXN AVERAGE
41,700
MXN HIGH
66,000
MXN
A person working as Branch Manager in Mexico typically earns around 41,700 MXN. Salaries range from 19,600 MXN (lowest) to 66,000 MXN (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Branch Manager salaries in Mexico vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Branch Manager Pay Scale and Salaries in Mexico
Salary Structure and Pay Scale Comparison
39,300 MXN or more
34,500 to 39,300 MXN
24,000 MXN or less
24,000 to 34,500 MXN
 19,600 MXN |
39,600 MXN |
66,000 MXN |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Branch Manager in Mexico range from 19,600 MXN (starting salary) to 66,000 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 39,600 MXN, half of the professionals who work as Branch Manager in Mexico 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 Branch Manager in Mexico earn less than 32,100 MXN, while 75% earn more. Similarly, the chart shows that 75% earn less than 45,500 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 Branch Manager in Mexico compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 24,000 MXN to 34,500 MXN. About 20% of salaries are below the 24,000 MXN mark, while 10% fall within the range of 34,500 MXN to 39,300 MXN. Only 5% of individuals have salaries exceeding 39,300 MXN.
Salary Comparison by Years of Experience / Branch Manager / Mexico
How do experience and age affect pay?
| 0 - 2 Years | 22,600 MXN | |
| 2 - 5 Years | +38% | 31,200 MXN |
| 5 - 10 Years | +42% | 44,400 MXN |
| 10 - 15 Years | +22% | 54,100 MXN |
| 15 - 20 Years | +6% | 57,200 MXN |
| 20+ Years | +9% | 62,300 MXN |
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 Branch Manager and this is what we found.
Employees with less than two years of experience earn approximately 22,600 MXN.
While someone with an experience level between two and five years is expected to earn 31,200 MXN, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 44,400 MXN, 42% 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 54,100 MXN, 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 57,200 MXN, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 62,300 MXN, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Branch Manager / Mexico
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Branch Manager.
| High School | 28,000 MXN | |
| Certificate or Diploma | +17% | 32,600 MXN |
| Bachelor's Degree | +45% | 47,400 MXN |
| Master's Degree | +31% | 62,300 MXN |
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 Branch Manager in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 28,000 MXN.
Level 2: Certificate or Diploma
At this level, the average salary becomes 32,600 MXN, 17% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 47,400 MXN, 45% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 62,300 MXN, 31% 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 and Compensation Comparison By Gender / Branch Manager / Mexico
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 Branch Manager in Mexico, the average difference between the salary of male and female employees is 12%.
| Male | 44,400 MXN | |
| Female | -11% | 39,600 MXN |
Salary Comparison By Gender in Mexico for all Careers
Average Annual Salary Increment Percentage / Branch Manager / Mexico
How much are annual salary increments in Mexico for individuals working as Branch Manager? How often do employees get salary raises?
Individuals working as Branch Manager in Mexico are likely to observe a salary increase of approximately 11% every 18 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.
Mexico / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Branch Manager / Mexico
How much and how often are bonuses being awarded?
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17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% 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.
| Received Bonus | 83% | |
| No Bonus | 17% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 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. |
Example: | Example: |
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.
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 / Branch Manager / Mexico
240 MXN per hourThe average hourly wage (pay per hour) for individuals working as Branch Manager in Mexico is 240 MXN.This is the rate they get paid for every worked hour.
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 Branch Manager in Mexico 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 Title | Average Salary |
| Sales Retail and Wholesale |  -100% | |
| Account Manager | 36,900 MXN | -12% |
| Account Officer | 20,600 MXN | -51% |
| Area Manager | 42,000 MXN |  +1% |
| Area Sales Director | 69,100 MXN | +66% |
| Area Sales Manager | 57,100 MXN | +37% |
| Assisstant Store Supervisor | 21,900 MXN | -48% |
| Assistant Department Manager | 27,300 MXN | -35% |
| Assistant Retail Store Manager | 29,300 MXN | -30% |
| Branch Manager | 41,700 MXN | -0% |
| Branch Supervisor | 34,100 MXN | -18% |
| Cashier | 13,000 MXN | -69% |
| Cashier Manager | 28,100 MXN | -33% |
| Commercial Sales Manager | 53,700 MXN | +29% |
| Conversion Rate Optimization Specialist | 45,300 MXN | +9% |
| Corporate Sales Manager | 47,600 MXN | +14% |
| Data-driven Sales Analyst | 37,100 MXN | -11% |
| Depot Manager | 37,700 MXN | -10% |
| Depot Supervisor | 36,100 MXN | -14% |
| Deputy Sales Manager | 37,600 MXN | -10% |
| Direct-to-Consumer Sales Executive | 48,500 MXN | +16% |
| Director of Sales | 64,700 MXN | +55% |
| Distribution Director | 46,300 MXN | +11% |
| District Leader | 33,900 MXN | -19% |
| District Manager | 41,500 MXN | -1% |
| District Sales Manager | 40,100 MXN | -4% |
| E-commerce Consultant | 38,100 MXN | -9% |
| External Sales Account Manager | 38,100 MXN | -9% |
| Field Sales Representative | 27,800 MXN | -33% |
| Furniture Sales Associate | 19,200 MXN | -54% |
| Global Wholesale Manager | 73,000 MXN | +75% |
| Head Cashier | 27,000 MXN | -35% |
| Head of Direct Sales | 48,900 MXN | +17% |
| Head of Retail | 48,800 MXN | +17% |
| Head Teller | 25,500 MXN | -39% |
| Inside Sales | 20,000 MXN | -52% |
| Inside Sales Account Manager | 31,400 MXN | -25% |
| Inside Sales Engineer | 24,300 MXN | -42% |
| Inside Sales Executive | 33,700 MXN | -19% |
| Inside Sales Representative | 22,600 MXN | -46% |
| Internal Sales Manager | 40,900 MXN | -2% |
| Inventory Manager | 37,100 MXN | -11% |
| Key Account Manager | 38,800 MXN | -7% |
| Medical Device Sales | 31,900 MXN | -24% |
| Medical Device Sales Representative | 30,100 MXN | -28% |
| Merchandiser | 25,300 MXN | -39% |
| Mobile App Sales Representative | 32,100 MXN | -23% |
| National Account Manager | 50,500 MXN | +21% |
| National Customer Solution Specialist | 45,100 MXN | +8% |
| National Sales Manager | 71,900 MXN | +72% |
| Omni-Channel Sales Coordinator | 31,600 MXN | -24% |
| Online Crafts Merchant | 26,900 MXN | -36% |
| Online Marketplace Manager | 42,200 MXN | +1% |
| Outside Sales Representative | 27,100 MXN | -35% |
| Parts Salesperson | 21,500 MXN | -49% |
| Personalization Strategist | 42,000 MXN | +1% |
| Project Development Manager | 42,700 MXN | +2% |
| Project Manager | 41,600 MXN | -0% |
| Project Sales Executive | 41,500 MXN | -1% |
| Purchasing and Sales Executive | 60,100 MXN | +44% |
| Quotation Engineer | 22,500 MXN | -46% |
| Regional Sales Director | 69,100 MXN | +66% |
| Regional Sales Manager | 72,400 MXN | +73% |
| Relationship Manager | 46,900 MXN | +12% |
| Retail Merchandiser | 15,600 MXN | -63% |
| Retail Operations Manager | 39,600 MXN | -5% |
| Retail Sales Associate | 30,400 MXN | -27% |
| Retail Sales Representative | 25,400 MXN | -39% |
| Retail Salesperson | 21,600 MXN | -48% |
| Retail Store Manager | 41,200 MXN | -1% |
| Retail Store Sales Person | 22,100 MXN | -47% |
| Revenue Manager | 40,900 MXN | -2% |
| Sales Account Manager | 46,700 MXN | +12% |
| Sales Admin Executive | 51,100 MXN | +22% |
| Sales Administration Manager | 48,900 MXN | +17% |
| Sales Analyst | 39,800 MXN | -5% |
| Sales Assistant | 15,300 MXN | -63% |
| Sales Associate | 22,000 MXN | -47% |
| Sales Consultant | 30,900 MXN | -26% |
| Sales Coordinator | 23,300 MXN | -44% |
| Sales Development Representative | 25,900 MXN | -38% |
| Sales Director | 66,900 MXN | +60% |
| Sales Engineer | 24,200 MXN | -42% |
| Sales Executive | 40,400 MXN | -3% |
| Sales Manager | 59,600 MXN | +43% |
| Sales Officer | 21,700 MXN | -48% |
| Sales Planner | 34,700 MXN | -17% |
| Sales Planning Analyst | 37,800 MXN | -9% |
| Sales Representative | 21,100 MXN | -49% |
| Sales Service Associate | 20,400 MXN | -51% |
| Sales Specialist | 31,100 MXN | -26% |
| Sales Supervisor | 34,000 MXN | -19% |
| Sales Support | 15,300 MXN | -63% |
| Sales Support Manager | 35,600 MXN | -15% |
| Sales Team Leader | 34,800 MXN | -17% |
| Sales Trainer | 40,500 MXN | -3% |
| Securities Sales Agent | 35,500 MXN | -15% |
| Shipper / Receiver | 16,300 MXN | -61% |
| Shop Manager | 37,400 MXN | -10% |
| Social Media Sales Manager | 49,000 MXN | +17% |
| Store Development Administrator | 27,000 MXN | -35% |
| Store Manager | 43,500 MXN | +4% |
| Subscription Box Curator | 37,300 MXN | -11% |
| Supply Chain Sustainability Manager | 42,800 MXN | +3% |
| Territory Sales Manager | 53,000 MXN | +27% |
| Territory Sales Representative | 30,900 MXN | -26% |
| Trade Marketing Officer | 38,000 MXN | -9% |
| Treasury Officer | 34,600 MXN | -17% |
| Vice President Sales | 53,200 MXN | +27% |
| Visual Merchandiser | 18,700 MXN | -55% |
| Voice Commerce Specialist | 32,000 MXN | -23% |
| Wholesale Data Analyst | 39,000 MXN | -7% |
| Wholesale Inventory Manager | 46,200 MXN | +11% |
| Wholesale Marketing Manager | 46,500 MXN | +11% |
| Wholesale Operations Manager | 54,900 MXN | +32% |
| Wholesale Sales Representative | 32,300 MXN | -23% |
Salary Comparison By City
| City | Average Salary |
| Cancun | 50,100 MXN |
| Guadalajara | 52,100 MXN |
| Mexico City | 56,000 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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Branch Manager in Mexico?
A good and competitive compensation would range anywhere between 39,600 MXN and 45,500 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 Branch Manager in Mexico ranges from 19,600 MXN to 32,100 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
