Average Development Coordinator Salary in Honduras for 2024

In this article, we will look at the average Development Coordinator salary for 2024 in Honduras 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 Honduran lempira. To keep things simple, we are using the HNL currency code instead of the currency symbol L.

How Much Does a Development Coordinator Make in Honduras?

A Development Coordinator working in Honduras will typically earn around 251,500 HNL per year, and this can range from the lowest average salary of about 113,700 HNL to the highest average salary of 394,500 HNL.

Average Annual Salary
251,500 HNL
Average Monthly Salary
20,958 HNL

Lowest Annual Salary
113,700 HNL
Lowest Monthly Salary
9,475 HNL

Highest Annual Salary
394,500 HNL
Highest Monthly Salary
32,875 HNL

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

Development Coordinator 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 Development Coordinator Salaries in Honduras

So we've looked at the average salaries a Development Coordinator will earn in Honduras. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Development Coordinator can earn between 113,700 HNL and 394,500 HNL on average in Honduras. 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 Development Coordinator in Honduras is 268,900 HNL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 268,900 HNL, and 50% of the population earn more than 268,900 HNL.

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 Development Coordinator salary in Honduras, 25% of the population are earning less than 172,400 HNL while 75% of the population earn more than 172,400 HNL.

75% of the population earn less than 359,900 HNL, and 25% of the population earn more than 359,900 HNL.

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.

Development Coordinator Salary by Experience Level in Honduras

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 development coordinator 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 Development Coordinator in Honduras that has less than two years of experience can expect to earn somewhere in the region of 128,500 HNL.
  • 2 - 5 Years Experience. With two to five years of experience the average Development Coordinator salary would increase to 172,200 HNL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Development Coordinator, the average salary would be 258,400 HNL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 314,500 HNL.
  • 15 - 20 Years Experience. A Development Coordinator with 15 to 20 years of experience can earn an average of 340,400 HNL.
  • 20+ Years Experience. For a Development Coordinator with more than 20 years, the expected average salary increases to 369,900 HNL.

Average Salary by Experience Chart

0-2 Years
128,500 HNL
2-5 Years +34%
172,200 HNL
5-10 Years +48%
258,400 HNL
10-15 Years +22%
314,500 HNL
15-20 Years +9%
340,400 HNL
20+ Years +8%
369,900 HNL

Development Coordinator Salary by Education Level in Honduras

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 Development Coordinator in Honduras 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 Development Coordinator in Honduras with a high school education can earn an average salary of 150,000 HNL.

  • Certificate or Diploma. A Development Coordinator in Honduras with a certificate or diploma education can earn an average salary of 232,400 HNL.

  • Bachelor's Degree. A Development Coordinator in Honduras with a bachelor's degree education can earn an average salary of 388,100 HNL.

Average Salary by Education Chart

High School
150,000 HNL
Certificate or Diploma +57%
232,400 HNL
Bachelor's Degree +68%
388,100 HNL

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 Honduras is around 141,000 to 422,000 HNL 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.

Development Coordinator 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 Honduras, a male development coordinator will earn an average of 266,000 HNL, while a female development coordinator will earn around 232,900 HNL.

This means that a male development coordinator earns approximately 14% more than a female development coordinator for performing the same job.

Average Salary by Gender Chart in Honduras

Male
266,000 HNL
Female -14%
232,900 HNL

Development Coordinator Average Pay Raise in Honduras

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 Development Coordinator in Honduras is around 7% every 28 months.

The national average pay raise across all professions and industries in Honduras is around 5% every 28 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 = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Development Coordinator in Honduras can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Honduras for 2024

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

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

Banking
6%
Energy
3%
Information Technology
9%
Healthcare
6%
Travel
3%
Construction
9%
Education
6%

Development Coordinator Bonus and Incentive Rates in Honduras

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 Development Coordinator is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus
41%
No Bonus
59%

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 Honduras earn approximately 13% more than private sector employees in the same role.

Public Sector
353,600 HNL
Private Sector -13%
312,400 HNL

Salaries for Jobs Similar to a Development Coordinator

In the table below, we have salary information for jobs that are similar to a Development Coordinator in Honduras.

Job Title Category Salary
Acquisition Associate Real Estate 268,900 HNL
Assistant Leasing Manager Real Estate 359,900 HNL
Assistant Property Manager Real Estate 340,400 HNL
Brokerage Real Estate 257,700 HNL
Brokerage Clerk Real Estate 146,200 HNL
Commercial Leasing Manager Real Estate 529,600 HNL
Commercial Real Estate Manager Real Estate 558,300 HNL
Community Development Manager Real Estate 487,600 HNL
Compliance Specialist Real Estate 251,500 HNL
Director of Real Estate Real Estate 623,200 HNL
Lease Administrator Real Estate 340,000 HNL
Leasing Agent Real Estate 275,500 HNL
Leasing Consultant Real Estate 308,300 HNL
Leasing Manager Real Estate 357,700 HNL
Lettings Assistant Real Estate 136,100 HNL
Portfolio Analyst Real Estate 459,700 HNL
Portfolio Manager Real Estate 625,000 HNL
Property Acquisition Agent Real Estate 237,400 HNL
Property and Claims Specialist Real Estate 320,500 HNL
Property Manager Real Estate 401,300 HNL
Property Operations Manager Real Estate 580,600 HNL
Property Tax Assistant Real Estate 263,200 HNL
Real Estate Administrator Real Estate 297,000 HNL
Real Estate Agent Real Estate 294,700 HNL
Real Estate Analyst Real Estate 367,900 HNL
Real Estate Appraiser Real Estate 282,300 HNL
Real Estate Appraiser Real Estate 282,500 HNL
Real Estate Appraiser Real Estate 301,800 HNL
Real Estate Assistant Real Estate 266,000 HNL
Real Estate Association Manager Real Estate 361,600 HNL
Real Estate Broker Real Estate 273,000 HNL
Real Estate General Manager Real Estate 562,200 HNL
Real Estate Project Director Real Estate 522,700 HNL
Real Estate Project Manager Real Estate 502,200 HNL
Real Estate Sales Agent Real Estate 273,300 HNL
Real Estate Valuer Real Estate 294,300 HNL
Research Analyst Real Estate 238,900 HNL
Residential Advisor Real Estate 339,100 HNL
Residential Property Manager Real Estate 396,300 HNL
Shopping Center Manager Real Estate 588,500 HNL
Town Planner Real Estate 573,500 HNL

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