Hardware Design Engineer Average Salary in Mexico 2024
How much money does a person working as Hardware Design Engineer make in Mexico?
LOW
14,700
MXN AVERAGE
30,100
MXN HIGH
46,900
MXN
A person working as Hardware Design Engineer in Mexico typically earns around 30,100 MXN. Salaries range from 14,700 MXN (lowest) to 46,900 MXN (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Hardware Design Engineer salaries in Mexico vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Hardware Design Engineer Pay Scale and Salaries in Mexico
Salary Structure and Pay Scale Comparison
27,900 MXN or more
24,600 to 27,900 MXN
17,500 MXN or less
17,500 to 24,600 MXN
 14,700 MXN |
28,000 MXN |
46,900 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 Hardware Design Engineer in Mexico range from 14,700 MXN (starting salary) to 46,900 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 28,000 MXN, half of the professionals who work as Hardware Design Engineer 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 Hardware Design Engineer in Mexico earn less than 22,900 MXN, while 75% earn more. Similarly, the chart shows that 75% earn less than 32,100 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 Hardware Design Engineer in Mexico compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 17,500 MXN to 24,600 MXN. About 20% of salaries are below the 17,500 MXN mark, while 10% fall within the range of 24,600 MXN to 27,900 MXN. Only 5% of individuals have salaries exceeding 27,900 MXN.
Salary Comparison by Years of Experience / Hardware Design Engineer / Mexico
How do experience and age affect pay?
| 0 - 2 Years | 17,500 MXN | |
| 2 - 5 Years | +29% | 22,500 MXN |
| 5 - 10 Years | +38% | 31,000 MXN |
| 10 - 15 Years | +24% | 38,400 MXN |
| 15 - 20 Years | +7% | 41,100 MXN |
| 20+ Years | +7% | 43,800 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 Hardware Design Engineer and this is what we found.
Employees with less than two years of experience earn approximately 17,500 MXN.
While someone with an experience level between two and five years is expected to earn 22,500 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 31,000 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 38,400 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 41,100 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 43,800 MXN, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Hardware Design Engineer / Mexico
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Hardware Design Engineer.
| Certificate or Diploma | 22,500 MXN | |
| Bachelor's Degree | +34% | 30,200 MXN |
| Master's Degree | +53% | 46,300 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 Hardware Design Engineer in order to make a comparison.
Level 1: Certificate or Diploma
Employees at this education level have an average salary of 22,500 MXN.
Level 2: Bachelor's Degree
At this level, the average salary becomes 30,200 MXN, 34% more than the previous level.
Level 3: Master's Degree
At this level, the average salary becomes 46,300 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 and Compensation Comparison By Gender / Hardware Design Engineer / 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 Hardware Design Engineer in Mexico, the average difference between the salary of male and female employees is 10%.
| Male | 31,200 MXN | |
| Female | -9% | 28,300 MXN |
Salary Comparison By Gender in Mexico for all Careers
Average Annual Salary Increment Percentage / Hardware Design Engineer / Mexico
How much are annual salary increments in Mexico for individuals working as Hardware Design Engineer? How often do employees get salary raises?
Individuals working as Hardware Design Engineer in Mexico are likely to observe a salary increase of approximately 10% every 19 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 / Hardware Design Engineer / Mexico
How much and how often are bonuses being awarded?
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70% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 30% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
| Received Bonus | 30% | |
| No Bonus | 70% |
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 / Hardware Design Engineer / Mexico
170 MXN per hourThe average hourly wage (pay per hour) for individuals working as Hardware Design Engineer in Mexico is 170 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 Hardware Design Engineer in Mexico is 85 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 |
| Information Technology |  -100% | |
| A/B Testing Specialist | 27,200 MXN | -10% |
| Applications System Specialist | 29,600 MXN | -2% |
| Artificial Intelligence / Machine Learning Analyst | 34,100 MXN |  +13% |
| Artificial Intelligence / Machine Learning Developer | 33,700 MXN | +12% |
| Artificial Intelligence / Machine Learning Ethics Officer | 42,000 MXN | +40% |
| Artificial Intelligence / Machine Learning Governance Specialist | 43,700 MXN | +45% |
| Artificial Intelligence / Machine Learning Implementation Officer | 45,900 MXN | +53% |
| Artificial Intelligence / Machine Learning Lead | 49,800 MXN | +66% |
| Artificial Intelligence / Machine Learning Officer | 45,900 MXN | +53% |
| Artificial Intelligence / Machine Learning Prompt Specialist | 31,800 MXN | +6% |
| Artificial Intelligence / Machine Learning Research Scientist | 42,000 MXN | +40% |
| Artificial Intelligence / Machine Learning Sales | 36,100 MXN | +20% |
| Artificial Intelligence / Machine Learning Software Engineer | 37,300 MXN | +24% |
| Artificial Intelligence / Machine Learning Strategist | 47,100 MXN | +57% |
| Artificial Intelligence / Machine Learning Trainer | 35,200 MXN | +17% |
| Artificial Intelligence and Machine Learning Specialist | 40,300 MXN | +34% |
| Artificial Intelligence Developer | 37,900 MXN | +26% |
| Blockchain Associate | 30,600 MXN | +2% |
| Blockchain Developer | 29,700 MXN | -1% |
| Blockchain Engineer | 33,300 MXN | +11% |
| ChatGPT Expert | 27,800 MXN | -8% |
| Computer Animator | 27,900 MXN | -7% |
| Computer Engineer | 28,000 MXN | -7% |
| Computer Hardware Engineer | 26,400 MXN | -12% |
| Computer Operator | 22,600 MXN | -25% |
| Computer Support Specialist | 24,800 MXN | -18% |
| Computer Technician | 24,400 MXN | -19% |
| Copy Editor | 27,100 MXN | -10% |
| Data Center Specialist | 34,100 MXN | +13% |
| Data Center Technician | 28,500 MXN | -5% |
| Data Visualization Specialist | 32,400 MXN | +8% |
| Deep Learning Developer | 32,100 MXN | +7% |
| Digital Ethics Consultant | 37,100 MXN | +23% |
| Documentation Specialist | 29,400 MXN | -2% |
| Ethical Hacker | 29,300 MXN | -3% |
| GIS Analyst | 29,000 MXN | -4% |
| Global BI Analyst | 33,700 MXN | +12% |
| Hardware Design Engineer | 30,100 MXN | +0% |
| Hardware Technician | 25,000 MXN | -17% |
| Help Desk Analyst | 32,300 MXN | +7% |
| Informatics Optimization Specialist | 32,500 MXN | +8% |
| Information Assurance Analyst | 32,200 MXN | +7% |
| Information Technology Infrastructure Engineer | 29,200 MXN | -3% |
| Information Technology Quality Specialist | 33,100 MXN | +10% |
| Information Technology Trainer | 31,700 MXN | +5% |
| Interface Designer | 25,700 MXN | -15% |
| Microsystems Engineer | 33,600 MXN | +12% |
| Mobile Interface Designer | 30,900 MXN | +3% |
| Neural Network Engineer | 36,100 MXN | +20% |
| Numerical Control Programmer | 26,200 MXN | -13% |
| Records Manager | 26,000 MXN | -14% |
| Robotic Process Automation Compliance Analyst | 31,300 MXN | +4% |
| Scrum Master | 25,400 MXN | -16% |
| Software Sales | 27,900 MXN | -7% |
| Software Specialist | 28,400 MXN | -6% |
| Software Tester | 26,400 MXN | -12% |
| Storage Engineer | 25,500 MXN | -15% |
| Systems Engineer | 25,000 MXN | -17% |
| Systems Integrator | 31,400 MXN | +4% |
| Technical Sales | 31,100 MXN | +3% |
| Technical Trainer | 34,000 MXN | +13% |
| Technical Writer | 28,000 MXN | -7% |
| Tester | 27,400 MXN | -9% |
| Usability Engineer | 30,900 MXN | +3% |
| User Experience Consultant | 32,900 MXN | +9% |
| User Experience Design Expert | 35,100 MXN | +17% |
| User Experience Researcher | 33,300 MXN | +11% |
| User Interface Designer | 31,400 MXN | +4% |
| Video Game Designer | 27,200 MXN | -10% |
| Virtual / Augmented Reality Architect | 38,800 MXN | +29% |
| Virtual / Augmented Reality Compliance Specialist | 39,300 MXN | +31% |
| Virtual / Augmented Reality Consultant | 41,800 MXN | +39% |
| Virtual / Augmented Reality Designer | 44,100 MXN | +47% |
| Virtual / Augmented Reality Developer | 36,600 MXN | +22% |
| Virtual / Augmented Reality Engineer | 36,300 MXN | +21% |
| Virtual / Augmented Reality Filmmaker | 47,500 MXN | +58% |
| Virtual / Augmented Reality Game Developer | 39,400 MXN | +31% |
| Virtual / Augmented Reality Marketing Specialist | 39,400 MXN | +31% |
| Virtual / Augmented Reality Officer | 46,800 MXN | +56% |
| Virtual / Augmented reality Sales Consultant | 46,300 MXN | +54% |
| Virtual / Augmented Reality Simulator Operator | 31,500 MXN | +5% |
| Virtual / Augmented Reality Specialist | 40,200 MXN | +34% |
| Virtual / Augmented Reality Technician | 32,200 MXN | +7% |
| Virtual / Augmented Reality Trainer | 42,800 MXN | +42% |
| Virtual / Augmented Reality User Experience Designer | 34,400 MXN | +14% |
| Visual Information Specialist | 29,300 MXN | -3% |
| Voice Interface Designer | 26,700 MXN | -11% |
| Writer and Documentor | 28,100 MXN | -7% |
Salary Comparison By City
| City | Average Salary |
| Cancun | 36,100 MXN |
| Guadalajara | 39,100 MXN |
| Mexico City | 38,800 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 Hardware Design Engineer in Mexico?
A good and competitive compensation would range anywhere between 28,000 MXN and 32,100 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 Hardware Design Engineer in Mexico ranges from 14,700 MXN to 22,900 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
