Average Commercial Leasing Manager Salary in Peru for 2024

In this article, we will look at the average Commercial Leasing Manager salary for 2024 in Peru and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Peruvian sol. To keep things simple, we are using the PEN currency code instead of the currency symbol S/ .

How Much Does a Commercial Leasing Manager Make in Peru?

A Commercial Leasing Manager working in Peru will typically earn around 154,700 PEN per year, and this can range from the lowest average salary of about 78,620 PEN to the highest average salary of 239,000 PEN.

Average Annual Salary
154,700 PEN
Average Monthly Salary
12,891 PEN

Lowest Annual Salary
78,620 PEN
Lowest Monthly Salary
6,551 PEN

Highest Annual Salary
239,000 PEN
Highest Monthly Salary
19,916 PEN

These are average salaries for a Commercial Leasing Manager in Peru and include benefits such as housing and transport. It's also possible for a Commercial Leasing Manager to earn more or less than the average salaries shown above.

Commercial Leasing Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Commercial Leasing Manager Salaries in Peru

So we've looked at the average salaries a Commercial Leasing Manager will earn in Peru. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Commercial Leasing Manager can earn between 78,620 PEN and 239,000 PEN on average in Peru. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Commercial Leasing Manager in Peru is 152,100 PEN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 152,100 PEN, and 50% of the population earn more than 152,100 PEN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Commercial Leasing Manager salary in Peru, 25% of the population are earning less than 103,840 PEN while 75% of the population earn more than 103,840 PEN.

75% of the population earn less than 192,000 PEN, and 25% of the population earn more than 192,000 PEN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Commercial Leasing Manager Salary by Experience Level in Peru

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average commercial leasing manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Commercial Leasing Manager in Peru that has less than two years of experience can expect to earn somewhere in the region of 89,800 PEN.
  • 2 - 5 Years Experience. With two to five years of experience the average Commercial Leasing Manager salary would increase to 116,420 PEN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commercial Leasing Manager, the average salary would be 159,500 PEN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 194,600 PEN.
  • 15 - 20 Years Experience. A Commercial Leasing Manager with 15 to 20 years of experience can earn an average of 209,500 PEN.
  • 20+ Years Experience. For a Commercial Leasing Manager with more than 20 years, the expected average salary increases to 228,500 PEN.

Average Salary by Experience Chart

0-2 Years
89,800 PEN
2-5 Years +31%
116,420 PEN
5-10 Years +40%
159,500 PEN
10-15 Years +20%
194,600 PEN
15-20 Years +9%
209,500 PEN
20+ Years +8%
228,500 PEN

Commercial Leasing Manager Salary by Education Level in Peru

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Commercial Leasing Manager in Peru based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Commercial Leasing Manager in Peru with a high school education can earn an average salary of 104,920 PEN.

  • Certificate or Diploma. A Commercial Leasing Manager in Peru with a certificate or diploma education can earn an average salary of 119,900 PEN.

  • Bachelor's Degree. A Commercial Leasing Manager in Peru with a bachelor's degree education can earn an average salary of 172,200 PEN.

  • Master's Degree. A Commercial Leasing Manager in Peru with a master's degree education can earn an average salary of 221,500 PEN.

Average Salary by Education Chart

High School
104,920 PEN
Certificate or Diploma +15%
119,900 PEN
Bachelor's Degree +41%
172,200 PEN
Master's Degree +29%
221,500 PEN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Peru is around 37,700 to 113,000 PEN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Commercial Leasing Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Peru, a male commercial leasing manager will earn an average of 161,300 PEN, while a female commercial leasing manager will earn around 148,300 PEN.

This means that a male commercial leasing manager earns approximately 9% more than a female commercial leasing manager for performing the same job.

Average Salary by Gender Chart in Peru

Male
161,300 PEN
Female -9%
148,300 PEN

Commercial Leasing Manager Average Pay Raise in Peru

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Commercial Leasing Manager in Peru is around 13% every 19 months.

The national average pay raise across all professions and industries in Peru is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 19 ) × 12  = 8%

What this means is that a Commercial Leasing Manager in Peru can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Peru for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Peru.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Commercial Leasing Manager Bonus and Incentive Rates in Peru

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Commercial Leasing Manager is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.

21% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
79%
No Bonus
21%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Peru earn approximately 10% more than private sector employees in the same role.

Public Sector
93,880 PEN
Private Sector -10%
85,700 PEN

Salaries for Jobs Similar to a Commercial Leasing Manager

In the table below, we have salary information for jobs that are similar to a Commercial Leasing Manager in Peru.

Job Title Category Salary
Acquisition Associate Real Estate 69,180 PEN
Assistant Leasing Manager Real Estate 97,300 PEN
Assistant Property Manager Real Estate 97,260 PEN
Brokerage Real Estate 68,320 PEN
Brokerage Clerk Real Estate 36,020 PEN
Commercial Real Estate Manager Real Estate 159,100 PEN
Community Development Manager Real Estate 136,100 PEN
Compliance Specialist Real Estate 73,760 PEN
Development Coordinator Real Estate 70,840 PEN
Director of Real Estate Real Estate 159,100 PEN
Lease Administrator Real Estate 87,940 PEN
Leasing Agent Real Estate 78,940 PEN
Leasing Consultant Real Estate 88,260 PEN
Leasing Manager Real Estate 99,080 PEN
Lettings Assistant Real Estate 36,800 PEN
Portfolio Analyst Real Estate 119,900 PEN
Portfolio Manager Real Estate 180,300 PEN
Property Acquisition Agent Real Estate 63,480 PEN
Property and Claims Specialist Real Estate 93,340 PEN
Property Manager Real Estate 106,780 PEN
Property Operations Manager Real Estate 148,300 PEN
Property Tax Assistant Real Estate 73,800 PEN
Real Estate Administrator Real Estate 79,240 PEN
Real Estate Agent Real Estate 80,180 PEN
Real Estate Analyst Real Estate 92,500 PEN
Real Estate Appraiser Real Estate 78,160 PEN
Real Estate Appraiser Real Estate 80,060 PEN
Real Estate Appraiser Real Estate 82,920 PEN
Real Estate Assistant Real Estate 72,260 PEN
Real Estate Association Manager Real Estate 95,600 PEN
Real Estate Broker Real Estate 70,880 PEN
Real Estate General Manager Real Estate 152,300 PEN
Real Estate Project Director Real Estate 138,800 PEN
Real Estate Project Manager Real Estate 129,000 PEN
Real Estate Sales Agent Real Estate 80,920 PEN
Real Estate Valuer Real Estate 82,920 PEN
Research Analyst Real Estate 66,480 PEN
Residential Advisor Real Estate 89,800 PEN
Residential Property Manager Real Estate 106,820 PEN
Shopping Center Manager Real Estate 152,000 PEN
Town Planner Real Estate 150,000 PEN

Salary Comparison by City

If you want to compare salaries with different cities in Peru, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Arequipa 154,700 PEN
Chiclayo 142,300 PEN
Cusco 138,200 PEN
Huancayo 143,200 PEN
Iquitos 142,300 PEN
Lima 167,100 PEN
Trujillo 158,700 PEN

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