Average Corporate Director Salary in Mexico for 2024

In this article, we will look at the average Corporate Director salary for 2024 in Mexico 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 Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Corporate Director Make in Mexico?

A Corporate Director working in Mexico will typically earn around 626,800 MXN per year, and this can range from the lowest average salary of about 308,900 MXN to the highest average salary of 976,300 MXN.

Average Annual Salary
626,800 MXN
Average Monthly Salary
52,233 MXN

Lowest Annual Salary
308,900 MXN
Lowest Monthly Salary
25,741 MXN

Highest Annual Salary
976,300 MXN
Highest Monthly Salary
81,358 MXN

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

Corporate Director 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 Corporate Director Salaries in Mexico

So we've looked at the average salaries a Corporate Director will earn in Mexico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Corporate Director can earn between 308,900 MXN and 976,300 MXN on average in Mexico. 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 Corporate Director in Mexico is 639,100 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 639,100 MXN, and 50% of the population earn more than 639,100 MXN.

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 Corporate Director salary in Mexico, 25% of the population are earning less than 425,100 MXN while 75% of the population earn more than 425,100 MXN.

75% of the population earn less than 821,500 MXN, and 25% of the population earn more than 821,500 MXN.

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.

Corporate Director Salary by Experience Level in Mexico

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 corporate director 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 Corporate Director in Mexico that has less than two years of experience can expect to earn somewhere in the region of 365,400 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Corporate Director salary would increase to 467,100 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Corporate Director, the average salary would be 645,800 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 800,500 MXN.
  • 15 - 20 Years Experience. A Corporate Director with 15 to 20 years of experience can earn an average of 854,300 MXN.
  • 20+ Years Experience. For a Corporate Director with more than 20 years, the expected average salary increases to 915,100 MXN.

Average Salary by Experience Chart

0-2 Years
365,400 MXN
2-5 Years +29%
467,100 MXN
5-10 Years +38%
645,800 MXN
10-15 Years +24%
800,500 MXN
15-20 Years +7%
854,300 MXN
20+ Years +7%
915,100 MXN

Corporate Director Salary by Education Level in Mexico

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 Corporate Director in Mexico 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 Corporate Director in Mexico with a high school education can earn an average salary of 353,600 MXN.

  • Certificate or Diploma. A Corporate Director in Mexico with a certificate or diploma education can earn an average salary of 420,100 MXN.

  • Bachelor's Degree. A Corporate Director in Mexico with a bachelor's degree education can earn an average salary of 533,000 MXN.

  • Master's Degree. A Corporate Director in Mexico with a master's degree education can earn an average salary of 817,800 MXN.

  • PhD. A Corporate Director in Mexico with a phd education can earn an average salary of 970,600 MXN.

Average Salary by Education Chart

High School
353,600 MXN
Certificate or Diploma +19%
420,100 MXN
Bachelor's Degree +27%
533,000 MXN
Master's Degree +53%
817,800 MXN
PhD +19%
970,600 MXN

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 Mexico is around 166,000 to 498,000 MXN 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.

Corporate Director 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 Mexico, a male corporate director will earn an average of 649,700 MXN, while a female corporate director will earn around 590,200 MXN.

This means that a male corporate director earns approximately 10% more than a female corporate director for performing the same job.

Average Salary by Gender Chart in Mexico

Male
649,700 MXN
Female -10%
590,200 MXN

Corporate Director Average Pay Raise in Mexico

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 Corporate Director in Mexico is around 13% every 17 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 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 ÷ 17 ) × 12  = 9%

What this means is that a Corporate Director in Mexico can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Mexico for 2024

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

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

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Corporate Director Bonus and Incentive Rates in Mexico

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 Corporate Director is a high bonus based job, with 82% of employees reporting at least one bonus in the last 12 months.

18% 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 5% to 9%.

Received Bonus
82%
No Bonus
18%

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 Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector
415,900 MXN
Private Sector -8%
384,200 MXN

Salaries for Jobs Similar to a Corporate Director

In the table below, we have salary information for jobs that are similar to a Corporate Director in Mexico.

Job Title Category Salary
Account Coordinator Executive and Management 384,200 MXN
Account Director Executive and Management 430,500 MXN
Account Executive Executive and Management 442,300 MXN
Account Manager Executive and Management 424,900 MXN
Administration Manager Executive and Management 447,700 MXN
Administration Officer Executive and Management 247,800 MXN
Administration Supervisor Executive and Management 366,200 MXN
Administrative Clerk Executive and Management 180,300 MXN
Administrative Officer Executive and Management 183,600 MXN
Area Director Executive and Management 420,800 MXN
Area Manager Executive and Management 433,400 MXN
Asset Protection Associate Executive and Management 472,000 MXN
Assistant Director Executive and Management 480,300 MXN
Assistant General Manager Executive and Management 501,400 MXN
Assistant Manager Executive and Management 510,000 MXN
Assistant Managing Director Executive and Management 566,900 MXN
Assistant Operations Manager Executive and Management 518,300 MXN
Assistant Project Manager Executive and Management 466,300 MXN
Assistant Section Head Executive and Management 377,200 MXN
Assistant to CEO Executive and Management 444,300 MXN
Assistant Vice President Executive and Management 475,700 MXN
Associate Account Director Executive and Management 475,700 MXN
Associate Director Executive and Management 457,300 MXN
Bid Manager Executive and Management 541,700 MXN
Branch Manager Executive and Management 496,100 MXN
Business Development Manager Executive and Management 556,000 MXN
Business Operations Associate Executive and Management 467,100 MXN
Business Operations Lead Executive and Management 502,200 MXN
Campaign Manager Executive and Management 543,200 MXN
Catering Coordinator Executive and Management 288,700 MXN
Catering Manager Executive and Management 472,100 MXN
CEO Executive and Management 904,700 MXN
Chairman of The Board Executive and Management 889,400 MXN
Chairman Office Manager Executive and Management 547,800 MXN
Chief Commercial Officer Executive and Management 669,100 MXN
Chief Corporate Officer Executive and Management 728,500 MXN
Chief Executive Officer Executive and Management 902,100 MXN
Chief Financial Officer Executive and Management 854,300 MXN
Chief Investment Officer Executive and Management 695,400 MXN
Chief of Staff Executive and Management 417,200 MXN
Chief Operating Officer Executive and Management 702,800 MXN
Chief Risk Officer Executive and Management 580,600 MXN
Client Account Manager Executive and Management 548,800 MXN
Client Accounts Officer Executive and Management 431,300 MXN
Client Services Manager Executive and Management 590,200 MXN
Commercial Director Executive and Management 615,300 MXN
Commercial Manager Executive and Management 525,700 MXN
Commercial Project Manager Executive and Management 487,600 MXN
Commodity Broker Executive and Management 383,300 MXN
COO Executive and Management 705,500 MXN
Corporate Affairs Executive Executive and Management 514,300 MXN
Corporate Compliance Director Executive and Management 571,300 MXN
Corporate Officer Executive and Management 428,400 MXN
Corporate Partnerships Officer Executive and Management 433,800 MXN
Country Manager Executive and Management 712,100 MXN
Department Head Executive and Management 535,800 MXN
Department Manager Executive and Management 556,000 MXN
Department Supervisor Executive and Management 453,200 MXN
Deputy Director Executive and Management 606,400 MXN
Deputy Manager Executive and Management 658,300 MXN
Director Executive and Management 683,400 MXN
Director of Accreditation Executive and Management 592,200 MXN
Director of Catering Services Executive and Management 553,800 MXN
Director of Client Services Executive and Management 581,300 MXN
Director of Facilities Management Executive and Management 476,600 MXN
Director of Operations Executive and Management 623,200 MXN
Director of Process Simplification Executive and Management 489,600 MXN
Director of Product Management Executive and Management 615,700 MXN
Director of Project Management Executive and Management 648,200 MXN
Director of Revenue Management Executive and Management 524,300 MXN
Director of Training and Development Executive and Management 548,800 MXN
Distribution Manager Executive and Management 608,500 MXN
Division Manager Executive and Management 547,800 MXN
Duty Manager Executive and Management 510,200 MXN
Engagement Manager Executive and Management 660,500 MXN
Executive Director Executive and Management 913,400 MXN
Executive Manager Executive and Management 731,700 MXN
Franchise Manager Executive and Management 744,600 MXN
General Manager Executive and Management 679,200 MXN
Global Master Data Manager Executive and Management 596,100 MXN
Global Technical Lead Executive and Management 401,300 MXN
Head of Investment Executive and Management 628,000 MXN
Head of Middle Office Executive and Management 558,300 MXN
Head of Projects Executive and Management 620,300 MXN
Head of Strategy Executive and Management 683,400 MXN
Head of Supply Chain Executive and Management 524,400 MXN
Head of Sustainability Executive and Management 500,100 MXN
Housing Manager Executive and Management 487,600 MXN
HSE Manager Executive and Management 501,400 MXN
Key Account Manager Executive and Management 478,000 MXN
Knowledge Manager Executive and Management 571,300 MXN
Location Manager Executive and Management 535,900 MXN
Logistics Executive Executive and Management 472,100 MXN
Logistics Manager Executive and Management 483,800 MXN
Management Consultant Executive and Management 478,000 MXN
Management Executive Executive and Management 670,600 MXN
Manager Executive and Management 572,200 MXN
Managing Director Executive and Management 752,600 MXN
MIS Executive Executive and Management 595,300 MXN
Ocean Services Manager Executive and Management 603,400 MXN
Operational Manager Executive and Management 623,700 MXN
Operations Analyst Executive and Management 510,000 MXN
Operations Assistant Executive and Management 455,400 MXN
Operations Director Executive and Management 643,800 MXN
Operations Executive Executive and Management 641,900 MXN
Operations Manager Executive and Management 663,100 MXN
Operations Supervisor Executive and Management 543,200 MXN
Planning Director Executive and Management 626,800 MXN
PMO Manager Executive and Management 580,600 MXN
Policy Administration Executive Executive and Management 518,300 MXN
Private Sector Executive Executive and Management 520,900 MXN
Product Development Manager Executive and Management 592,600 MXN
Product Executive Executive and Management 535,800 MXN
Production Executive Executive and Management 620,300 MXN
Production Manager Executive and Management 619,000 MXN
Production Supervisor Executive and Management 510,000 MXN
Program Director Executive and Management 598,600 MXN
Program Manager Executive and Management 625,000 MXN
Programme Coordinator Executive and Management 428,400 MXN
Project Control Manager Executive and Management 628,000 MXN
Project Coordinator Executive and Management 361,500 MXN
Project Management Officer Executive and Management 424,300 MXN
Project Manager Executive and Management 433,400 MXN
Project Portfolio Manager Executive and Management 499,300 MXN
Quality Manager Executive and Management 485,200 MXN
R/D Director Executive and Management 528,500 MXN
Regional Director Executive and Management 860,300 MXN
Regional Manager Executive and Management 638,700 MXN
Relationship Manager Executive and Management 582,700 MXN
Retail District Manager Executive and Management 433,400 MXN
Revenue Manager Executive and Management 472,100 MXN
Risk and Capital Manager Executive and Management 671,000 MXN
Risk Officer Executive and Management 466,900 MXN
Safety Manager Executive and Management 430,500 MXN
Section Head Executive and Management 471,700 MXN
Service Manager Executive and Management 467,100 MXN
Shift Supervisor Executive and Management 381,800 MXN
Solutions Manager Executive and Management 420,800 MXN
Supervisor Executive and Management 378,300 MXN
Supply Chain Manager Executive and Management 612,500 MXN
Surveyor Executive and Management 433,800 MXN
Technical Director Executive and Management 590,200 MXN
Technical Manager Executive and Management 563,300 MXN
Territory Manager Executive and Management 608,500 MXN
Validation Manager Executive and Management 513,300 MXN
Vice President Executive and Management 695,400 MXN
Zone Manager Executive and Management 623,700 MXN

Salary Comparison by City

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

City Average Salary
Acapulco 778,900 MXN
Acuna 595,300 MXN
Aguascalientes 759,300 MXN
Boca del Rio 514,800 MXN
Buenavista 596,800 MXN
Campeche 596,100 MXN
Cancun 751,100 MXN
Celaya 637,500 MXN
Chalco 548,500 MXN
Chetumal 516,100 MXN
Chicoloapan 556,000 MXN
Chihuahua 805,900 MXN
Chilpancingo 581,000 MXN
Chimalhuacan 752,600 MXN
Cholula de Rivadabia 585,900 MXN
Ciudad Apodaca 667,400 MXN
Ciudad del Carmen 528,500 MXN
Ciudad Juarez 518,300 MXN
Ciudad Lopez Mateos 698,200 MXN
Ciudad Obregon 680,100 MXN
Ciudad Santa Catarina 619,000 MXN
Ciudad Valles 496,100 MXN
Ciudad Victoria 664,500 MXN
Coacalco 650,700 MXN
Coatzacoalcos 571,300 MXN
Colima 528,500 MXN
Cordoba 501,400 MXN
Cuautitlan Izcalli 683,400 MXN
Cuautla 524,400 MXN
Cuernavaca 681,900 MXN
Culiacan 744,600 MXN
Delicias 518,900 MXN
Durango 724,300 MXN
Ecatepec de Morelos 812,900 MXN
Ensenada 618,800 MXN
Fresnillo 489,500 MXN
General Escobedo 667,400 MXN
Gomez Palacio 637,500 MXN
Guadalajara 816,000 MXN
Guadalupe 718,000 MXN
Guaymas 464,400 MXN
Hermosillo 774,200 MXN
Hidalgo del Parral 464,400 MXN
Iguala 500,100 MXN
Irapuato 691,200 MXN
Ixtapaluca 658,300 MXN
Jiutepec 535,800 MXN
La Paz 578,500 MXN
Leon 778,900 MXN
Los Mochis 612,500 MXN
Los Reyes la Paz 596,800 MXN
Manzanillo 507,300 MXN
Matamoros 721,600 MXN
Mazatlan 665,300 MXN
Merida 724,000 MXN
Metepec 600,000 MXN
Mexicali 756,700 MXN
Mexico City 805,900 MXN
Minatitlan 492,700 MXN
Monclova 595,300 MXN
Monterrey 765,100 MXN
Morelia 695,400 MXN
Naucalpan 786,600 MXN
Navojoa 450,300 MXN
Nezahualcoyotl 778,200 MXN
Nogales 553,400 MXN
Nuevo Laredo 675,200 MXN
Oaxaca 607,400 MXN
Ojo de Agua 628,000 MXN
Orizaba 472,100 MXN
Pachuca 588,500 MXN
Piedras Negras 548,500 MXN
Playa del Carmen 518,300 MXN
Poza Rica 556,000 MXN
Puebla 825,900 MXN
Puerto Vallarta 566,900 MXN
Queretaro 719,100 MXN
Reynosa 748,600 MXN
Salamanca 548,500 MXN
Saltillo 781,200 MXN
San Cristobal de las Casas 575,100 MXN
San Juan del Rio 489,500 MXN
San Luis Potosi 732,400 MXN
San Luis Rio Colorado 514,300 MXN
San Nicolas de los Garza 680,100 MXN
San Pablo de las Salinas 545,300 MXN
San Pedro Garza Garcia 507,300 MXN
Soledad de Graciano Sanchez 598,600 MXN
Tampico 626,800 MXN
Tapachula 597,800 MXN
Tehuacan 631,200 MXN
Tepic 648,200 MXN
Tijuana 751,100 MXN
Tlalnepantla de Baz 725,700 MXN
Tlaquepaque 724,300 MXN
Toluca 702,800 MXN
Tonala 664,500 MXN
Torreon 721,600 MXN
Tuxtla Gutierrez 681,900 MXN
Uruapan 638,700 MXN
Veracruz 707,600 MXN
Villa Nicolas Romero 633,300 MXN
Villahermosa 683,800 MXN
Xalapa 663,200 MXN
Xico 695,400 MXN
Zacatecas 516,100 MXN
Zamora de Hidalgo 510,300 MXN
Zapopan 790,600 MXN

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