Directors and Managers in Accounting, Financial, Banking and Insurance

Occupation (1212) - 2020-Q4

  • 52.9k, Workforce
  • $16.1k MX, Average monthly salary
  • 40.5, Average age
  • 46.5, Weekly hours worked
  • 5.11, Weekly days worked
  • 1.22%, Workforce with second job
  • 4.34%, Informal Workforce
  • 16, Average years of Schooling

About Directors and Managers in Accounting, Financial, Banking and Insurance

#permalink to section

The workforce of Directors and Managers in Accounting, Financial, Banking and Insurance during fourth quarter of 2020 was 52.9k people, whose salary averaged $16.1k MX working around 46.5 hours per week.

The average age of Directors and Managers in Accounting, Financial, Banking and Insurance was 40.5 years. The workforce was distributed in 57.1% men with an average salary of $15.6k MX and, 42.9% women with average salary of $16.6k MX.

The best average salaries received by Directors and Managers in Accounting, Financial, Banking and Insurance were in Tlaxcala ($41k MX), Quintana Roo ($38.4k MX), and Michoacán de Ocampo ($31.7k MX) while the workforce was larger in Ciudad de México (17k), Nuevo León (9.33k), and Jalisco (6.02k).

In terms of industries, the best average salaries were in Manufacture of Transport Equipment and Parts for Motor Vehicles ($43k MX), Depository Credit Intermediation ($24.6k MX), and Legal Services ($16.2k MX), while the workforce was concentrated on Depository Credit Intermediation (17.9k), Nondepository Credit Intermediation (8.01k), and Legal Services (2.24k).

At the level of states, Durango had the highest percentage of informal workers with 15.7% corresponding to 92 from 585 workers, while the state with the lowest percentage of informal workers was Hidalgo with a 8.6% corresponding to 46 from 535 workers.

Workforce and Salaries Evolution

#permalink to section

  • 52.9k, Workforce 2020-Q4
  • $16.1k MX, Average monthly salary 2020-Q4

At fourth quarter of 2020, the people who worked as Directors and Managers in Accounting, Financial, Banking and Insurance were 52.9k being a 3.76% higher than the third quarter of 2020. (50.9k) and 3.76% superior than the same period of the previous year (50.9k).

In the same period, an average salary of $16.1k MX was observed, registering an increase of 59.1%, compared to the third quarter of 2020 ($10.1k MX) and an increase of 59.1% compared to the same period of the previous year ($10.1k MX).

Workforce by State

#permalink to section

Top 1 Workforce 2020-Q4: 17k, Ciudad de México

Greater Increase in Workforce 2019-Q4/ 2020-Q4: 6.27k, Ciudad de México

Greater Decrease in Workforce 2019-Q4 / 2020-Q4: 7.42k, Estado de México

The states with the highest number of Directors and Managers in Accounting, Financial, Banking and Insurance during the fourth quarter of 2020 were Ciudad de México (17k), Nuevo León (9.33k), and Jalisco (6.02k)

Comparing the fourth quarter of 2019 and the fourth quarter of 2020, the main positive variations occurred in Ciudad de México and Nuevo León with an increase of 6.27k (58.7%) and 4.13k (79.2%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Jalisco with a decrease of 7.42k (88%) and 2.22k (26.9%), respectively.

Salaries by State

#permalink to section

Top 1 Average Salary 2020-Q4: $41k MX, Tlaxcala

Greater Salary Increase 2019-Q4 / 2020-Q4: $31.5k MX, Quintana Roo

Greater Salary Decrease 2019-Q4 / 2020-Q4: $31.2k MX, Aguascalientes

The states with the best average salaries for Directors and Managers in Accounting, Financial, Banking and Insurance during fourth quarter of 2020 were Tlaxcala ($41k MX), Quintana Roo ($38.4k MX), and Michoacán de Ocampo ($31.7k MX)

Comparing the fourth quarter of 2019 and the fourth quarter of 2020, the positive salary growth was higher in Quintana Roo and Tlaxcala with an increase of $31.5k MX (454%) and $30.6k MX (292%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Aguascalientes and Zacatecas with a decrease of $31.2k MX (100%) and $19.6k MX (100%), respectively.

Average Salary and Workforce by Gender and Schooling Years

#permalink to section
info-sign

Average Schooling in Years (2020-Q4)

  • 16.1, Women
  • 15.8, Men

During the fourth quarter of 2020, male and female workforce in Directors and Managers in Accounting, Financial, Banking and Insurance was concentrated in the educational segment with 16 to 18 years of schooling (21.4k men and 20k women).

The highest average salary was $17.9k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $17.1k MX received by men with 16 to 18 years of schooling.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Workforce and Salaries Distribution by Industries

#permalink to section

The visualization shows the distribution of Directors and Managers in Accounting, Financial, Banking and Insurance in different industries and economic sectors.

At fourth quarter of 2020, the workforce was higher in Depository Credit Intermediation (50.5%), Nondepository Credit Intermediation (22.5%), and Legal Services (6.31%).

In the same period, the best average salaries were received in Manufacture of Transport Equipment and Parts for Motor Vehicles ($43k MX), Depository Credit Intermediation ($24.6k MX), and Legal Services ($16.2k MX).