Average Financial Policy Analyst Salary in Guatemala for 2024

In this article, we will look at the average Financial Policy Analyst salary for 2024 in Guatemala 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 Guatemalan quetzal. To keep things simple, we are using the GTQ currency code instead of the currency symbol Q.

How Much Does a Financial Policy Analyst Make in Guatemala?

A Financial Policy Analyst working in Guatemala will typically earn around 134,600 GTQ per year, and this can range from the lowest average salary of about 67,300 GTQ to the highest average salary of 205,700 GTQ.

Average Annual Salary
134,600 GTQ
Average Monthly Salary
11,216 GTQ

Lowest Annual Salary
67,300 GTQ
Lowest Monthly Salary
5,608 GTQ

Highest Annual Salary
205,700 GTQ
Highest Monthly Salary
17,141 GTQ

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

Financial Policy Analyst 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 Financial Policy Analyst Salaries in Guatemala

So we've looked at the average salaries a Financial Policy Analyst will earn in Guatemala. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Financial Policy Analyst can earn between 67,300 GTQ and 205,700 GTQ on average in Guatemala. 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 Financial Policy Analyst in Guatemala is 128,500 GTQ. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 128,500 GTQ, and 50% of the population earn more than 128,500 GTQ.

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 Financial Policy Analyst salary in Guatemala, 25% of the population are earning less than 87,640 GTQ while 75% of the population earn more than 87,640 GTQ.

75% of the population earn less than 163,800 GTQ, and 25% of the population earn more than 163,800 GTQ.

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.

Financial Policy Analyst Salary by Experience Level in Guatemala

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 financial policy analyst 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 Financial Policy Analyst in Guatemala that has less than two years of experience can expect to earn somewhere in the region of 74,560 GTQ.
  • 2 - 5 Years Experience. With two to five years of experience the average Financial Policy Analyst salary would increase to 98,540 GTQ.
  • 5 - 10 Years Experience. From five to ten years of experience as a Financial Policy Analyst, the average salary would be 138,200 GTQ.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 168,100 GTQ.
  • 15 - 20 Years Experience. A Financial Policy Analyst with 15 to 20 years of experience can earn an average of 181,600 GTQ.
  • 20+ Years Experience. For a Financial Policy Analyst with more than 20 years, the expected average salary increases to 196,800 GTQ.

Average Salary by Experience Chart

0-2 Years
74,560 GTQ
2-5 Years +31%
98,540 GTQ
5-10 Years +40%
138,200 GTQ
10-15 Years +20%
168,100 GTQ
15-20 Years +9%
181,600 GTQ
20+ Years +8%
196,800 GTQ

Financial Policy Analyst Salary by Education Level in Guatemala

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 Financial Policy Analyst in Guatemala 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 Financial Policy Analyst in Guatemala with a high school education can earn an average salary of 90,660 GTQ.

  • Certificate or Diploma. A Financial Policy Analyst in Guatemala with a certificate or diploma education can earn an average salary of 102,960 GTQ.

  • Bachelor's Degree. A Financial Policy Analyst in Guatemala with a bachelor's degree education can earn an average salary of 148,300 GTQ.

  • Master's Degree. A Financial Policy Analyst in Guatemala with a master's degree education can earn an average salary of 190,500 GTQ.

Average Salary by Education Chart

High School
90,660 GTQ
Certificate or Diploma +15%
102,960 GTQ
Bachelor's Degree +41%
148,300 GTQ
Master's Degree +29%
190,500 GTQ

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 Guatemala is around 52,400 to 157,000 GTQ 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.

Financial Policy Analyst 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 Guatemala, a male financial policy analyst will earn an average of 143,200 GTQ, while a female financial policy analyst will earn around 124,400 GTQ.

This means that a male financial policy analyst earns approximately 15% more than a female financial policy analyst for performing the same job.

Average Salary by Gender Chart in Guatemala

Male
143,200 GTQ
Female -15%
124,400 GTQ

Financial Policy Analyst Average Pay Raise in Guatemala

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 Financial Policy Analyst in Guatemala is around 10% every 19 months.

The national average pay raise across all professions and industries in Guatemala is around 7% every 19 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 = ( 10 ÷ 19 ) × 12  = 6%

What this means is that a Financial Policy Analyst in Guatemala can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Guatemala for 2024

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

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%

Financial Policy Analyst Bonus and Incentive Rates in Guatemala

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 Financial Policy Analyst is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.

49% 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 3% to 6%.

Received Bonus
51%
No Bonus
49%

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 Guatemala earn approximately 12% more than private sector employees in the same role.

Public Sector
134,600 GTQ
Private Sector -12%
119,700 GTQ

Salaries for Jobs Similar to a Financial Policy Analyst

In the table below, we have salary information for jobs that are similar to a Financial Policy Analyst in Guatemala.

Job Title Category Salary
Account Examiner Accounting and Finance 61,580 GTQ
Account Executive Accounting and Finance 111,240 GTQ
Accountant Accounting and Finance 80,020 GTQ
Accounting Analyst Accounting and Finance 102,240 GTQ
Accounting Assistant Accounting and Finance 61,780 GTQ
Accounting Associate Accounting and Finance 57,440 GTQ
Accounting Clerk Accounting and Finance 50,660 GTQ
Accounting Coordinator Accounting and Finance 74,380 GTQ
Accounting Head Accounting and Finance 172,400 GTQ
Accounting Manager Accounting and Finance 187,300 GTQ
Accounting Officer Accounting and Finance 58,800 GTQ
Accounting Specialist Accounting and Finance 111,460 GTQ
Accounting Supervisor Accounting and Finance 123,400 GTQ
Accounting Technician Accounting and Finance 61,840 GTQ
Accounting Unit Controller Accounting and Finance 137,400 GTQ
Accounts Executive Accounting and Finance 107,860 GTQ
Accounts Officer Accounting and Finance 70,940 GTQ
Accounts Payable and Receivable Specialist Accounting and Finance 85,020 GTQ
Accounts Payable Assistant Accounting and Finance 66,940 GTQ
Accounts Payable Associate Accounting and Finance 73,100 GTQ
Accounts Payable Clerk Accounting and Finance 63,400 GTQ
Accounts Payable Manager Accounting and Finance 172,200 GTQ
Accounts Receivable Administrator Accounting and Finance 123,400 GTQ
Accounts Receivable Clerk Accounting and Finance 61,760 GTQ
Accounts Receivable Financial Analyst Accounting and Finance 119,900 GTQ
Accounts Receivable Manager Accounting and Finance 163,800 GTQ
Accounts Receivable Team Leader Accounting and Finance 116,780 GTQ
Assistant Accountant Accounting and Finance 64,040 GTQ
Assistant Accounting Manager Accounting and Finance 157,600 GTQ
Assistant Auditor Accounting and Finance 86,760 GTQ
Assistant Corporate Controller Accounting and Finance 120,880 GTQ
Assistant Finance Manager Accounting and Finance 176,800 GTQ
Assistant Financial Controller Accounting and Finance 107,880 GTQ
Audit Director Accounting and Finance 194,600 GTQ
Audit Supervisor Accounting and Finance 159,500 GTQ
Auditing Clerk Accounting and Finance 70,940 GTQ
Auditing Manager Accounting and Finance 174,000 GTQ
Billing Clerk Accounting and Finance 64,300 GTQ
Billing Coordinator Accounting and Finance 75,220 GTQ
Billing Specialist Accounting and Finance 93,340 GTQ
Billing Supervisor Accounting and Finance 124,400 GTQ
Bookkeeper Accounting and Finance 53,660 GTQ
Bookkeeping Specialist Accounting and Finance 83,100 GTQ
Budget Analyst Accounting and Finance 152,100 GTQ
Budget Manager Accounting and Finance 180,500 GTQ
Business Support Analyst Accounting and Finance 96,500 GTQ
Capital Markets Associate Accounting and Finance 125,100 GTQ
Cash Flow Analyst Accounting and Finance 128,900 GTQ
Cash Management Manager Accounting and Finance 169,000 GTQ
Cash Management Officer Accounting and Finance 97,760 GTQ
Cashbook Clerk Accounting and Finance 56,060 GTQ
Chartered Accountant Accounting and Finance 105,440 GTQ
Chief Accountant Accounting and Finance 127,700 GTQ
Collections Clerk Accounting and Finance 55,140 GTQ
Collections Representative Accounting and Finance 69,240 GTQ
Collections Specialist Accounting and Finance 87,640 GTQ
Corporate Controller Accounting and Finance 128,900 GTQ
Corporate Treasurer Accounting and Finance 168,100 GTQ
Cost Accountant Accounting and Finance 87,000 GTQ
Cost Accounting Manager Accounting and Finance 172,200 GTQ
Cost Accounting Supervisor Accounting and Finance 143,200 GTQ
Cost Analyst Accounting and Finance 137,400 GTQ
Credit and Collection Manager Accounting and Finance 172,200 GTQ
Credit and Collection Staff Accounting and Finance 65,760 GTQ
Credit and Loans Officer Accounting and Finance 60,880 GTQ
Credit Controller Accounting and Finance 112,560 GTQ
Credit Manager Accounting and Finance 172,200 GTQ
Debt Adviser Accounting and Finance 139,100 GTQ
Debt Collector Accounting and Finance 66,100 GTQ
Debtors Clerk Accounting and Finance 58,860 GTQ
Debtors Controller Accounting and Finance 58,800 GTQ
Deputy CFO Accounting and Finance 233,600 GTQ
Deputy Head of Finance Accounting and Finance 228,000 GTQ
Derivative Trader Accounting and Finance 152,000 GTQ
Director of Finance Accounting and Finance 240,500 GTQ
Economist Accounting and Finance 205,700 GTQ
Equity Analyst Accounting and Finance 148,300 GTQ
Escrow Assistant Accounting and Finance 73,100 GTQ
Executive Accountant Accounting and Finance 91,660 GTQ
External Auditor Accounting and Finance 115,600 GTQ
Finance Administrator Accounting and Finance 101,860 GTQ
Finance Analyst Accounting and Finance 159,100 GTQ
Finance Associate Accounting and Finance 74,380 GTQ
Finance Director Accounting and Finance 252,300 GTQ
Finance Executive Accounting and Finance 175,900 GTQ
Finance Licensing Clerk Accounting and Finance 60,180 GTQ
Finance Licensing Manager Accounting and Finance 159,100 GTQ
Finance Licensing Specialist Accounting and Finance 89,280 GTQ
Finance Manager Accounting and Finance 239,000 GTQ
Finance Officer Accounting and Finance 78,480 GTQ
Finance President Accounting and Finance 263,200 GTQ
Finance Relationship Manager Accounting and Finance 189,300 GTQ
Finance Release Analyst Accounting and Finance 91,520 GTQ
Finance Specialist Accounting and Finance 138,200 GTQ
Finance Team Leader Accounting and Finance 189,300 GTQ
Financial Accountant Accounting and Finance 80,760 GTQ
Financial Actuary Accounting and Finance 136,200 GTQ
Financial Administrator Accounting and Finance 136,200 GTQ
Financial Advisor Accounting and Finance 152,100 GTQ
Financial Analyst Accounting and Finance 152,300 GTQ
Financial Applications Specialist Accounting and Finance 100,140 GTQ
Financial Assistant Accounting and Finance 72,360 GTQ
Financial Associate Accounting and Finance 72,180 GTQ
Financial Associate Accounting and Finance 78,160 GTQ
Financial Claims Analyst Accounting and Finance 112,280 GTQ
Financial Claims Manager Accounting and Finance 146,200 GTQ
Financial Claims Supervisor Accounting and Finance 136,100 GTQ
Financial Clerk Accounting and Finance 66,260 GTQ
Financial Commercial Analyst Accounting and Finance 119,020 GTQ
Financial Compliance Analyst Accounting and Finance 143,200 GTQ
Financial Consultant Accounting and Finance 110,340 GTQ
Financial Controller Accounting and Finance 128,500 GTQ
Financial Controller Accounting and Finance 138,200 GTQ
Financial Coordinator Accounting and Finance 78,420 GTQ
Financial Customer Service Manager Accounting and Finance 152,100 GTQ
Financial Dealer and Broker Accounting and Finance 93,780 GTQ
Financial Director Accounting and Finance 245,300 GTQ
Financial Encoder Accounting and Finance 70,940 GTQ
Financial Manager Accounting and Finance 225,300 GTQ
Financial Manager Accounting and Finance 232,900 GTQ
Financial Operations Manager Accounting and Finance 215,100 GTQ
Financial Project Manager Accounting and Finance 175,900 GTQ
Financial Quantitative Analyst Accounting and Finance 150,000 GTQ
Financial Reporting Consultant Accounting and Finance 119,900 GTQ
Financial Reporting Manager Accounting and Finance 161,600 GTQ
Financial Section Head Accounting and Finance 169,000 GTQ
Financial Services Manager Accounting and Finance 207,700 GTQ
Financial Services Sales Agent Accounting and Finance 94,800 GTQ
Fixed Assets Administrator Accounting and Finance 89,120 GTQ
Forensic Accountant Accounting and Finance 96,220 GTQ
Fraud Detection Supervisor Accounting and Finance 101,900 GTQ
Fraud Prevention Manager Accounting and Finance 163,800 GTQ
Fund Accountant Accounting and Finance 85,880 GTQ
Grants Coordinator Accounting and Finance 60,020 GTQ
Group Financial Manager Accounting and Finance 239,000 GTQ
Internal Auditor Accounting and Finance 111,900 GTQ
Internal Control Adviser Accounting and Finance 129,000 GTQ
Internal Control Officer Accounting and Finance 69,040 GTQ
International Tax Director Accounting and Finance 207,700 GTQ
Inventory Accountant Accounting and Finance 84,560 GTQ
Investment Advisor Accounting and Finance 233,600 GTQ
Investment Analyst Accounting and Finance 172,200 GTQ
Investment Associate Accounting and Finance 150,000 GTQ
Investment Broker Accounting and Finance 142,300 GTQ
Investment Fund Manager Accounting and Finance 196,800 GTQ
Investment Operations Manager Accounting and Finance 189,300 GTQ
Investment Underwriter Accounting and Finance 73,880 GTQ
Investor Accounting and Finance 111,700 GTQ
Investor Relations Manager Accounting and Finance 172,200 GTQ
KYC Team Leader Accounting and Finance 158,700 GTQ
Loan Processor Accounting and Finance 69,240 GTQ
Management Accountant Accounting and Finance 96,500 GTQ
Management Economist Accounting and Finance 197,600 GTQ
Paymaster Accounting and Finance 65,080 GTQ
Payroll Administrator Accounting and Finance 106,760 GTQ
Payroll Benefits Coordinator Accounting and Finance 95,600 GTQ
Payroll Billing Manager Accounting and Finance 159,400 GTQ
Payroll Clerk Accounting and Finance 78,940 GTQ
Payroll Manager Accounting and Finance 159,400 GTQ
Payroll Officer Accounting and Finance 75,500 GTQ
Payroll Specialist Accounting and Finance 89,280 GTQ
Payroll Supervisor Accounting and Finance 111,900 GTQ
Pensions Administrator Accounting and Finance 90,900 GTQ
Personal Financial Advisor Accounting and Finance 130,400 GTQ
Pricing Analyst Accounting and Finance 146,200 GTQ
Private Equity Analyst Accounting and Finance 154,700 GTQ
Project Accountant Accounting and Finance 87,520 GTQ
Proposal Development Coordinator Accounting and Finance 77,400 GTQ
Receivables Accountant Accounting and Finance 78,500 GTQ
Regulatory Accountant Accounting and Finance 91,660 GTQ
Retirement Plan Analyst Accounting and Finance 128,900 GTQ
Revenue Management Specialist Accounting and Finance 136,100 GTQ
Revenue Recognition Analyst Accounting and Finance 161,300 GTQ
Risk Management Director Accounting and Finance 197,600 GTQ
Risk Management Supervisor Accounting and Finance 161,300 GTQ
Staff Accountant Accounting and Finance 85,020 GTQ
Tax Accountant Accounting and Finance 78,960 GTQ
Tax Administrator Accounting and Finance 89,960 GTQ
Tax Advisor Accounting and Finance 125,700 GTQ
Tax Analyst Accounting and Finance 127,700 GTQ
Tax Associate Accounting and Finance 67,120 GTQ
Tax Consultant Accounting and Finance 128,500 GTQ
Tax Director Accounting and Finance 187,300 GTQ
Tax Examiner Accounting and Finance 91,320 GTQ
Tax Manager Accounting and Finance 164,200 GTQ
Tax Research Manager Accounting and Finance 180,500 GTQ
Teller Accounting and Finance 50,180 GTQ
Treasury Accountant Accounting and Finance 87,040 GTQ
Treasury Analyst Accounting and Finance 138,200 GTQ
Underwriter Accounting and Finance 58,800 GTQ
Underwriting Assistant Accounting and Finance 55,580 GTQ
Vice President of Finance Accounting and Finance 225,700 GTQ

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