Average Fundraising Manager Salary in Honduras for 2024

In this article, we will look at the average Fundraising Manager 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 Fundraising Manager Make in Honduras?

A Fundraising Manager working in Honduras will typically earn around 442,300 HNL per year, and this can range from the lowest average salary of about 205,700 HNL to the highest average salary of 704,300 HNL.

Average Annual Salary
442,300 HNL
Average Monthly Salary
36,858 HNL

Lowest Annual Salary
205,700 HNL
Lowest Monthly Salary
17,141 HNL

Highest Annual Salary
704,300 HNL
Highest Monthly Salary
58,691 HNL

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

Fundraising 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 Fundraising Manager Salaries in Honduras

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

Salary ranges

We already know that a Fundraising Manager can earn between 205,700 HNL and 704,300 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 Fundraising Manager in Honduras is 476,600 HNL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 476,600 HNL, and 50% of the population earn more than 476,600 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 Fundraising Manager salary in Honduras, 25% of the population are earning less than 308,900 HNL while 75% of the population earn more than 308,900 HNL.

75% of the population earn less than 639,100 HNL, and 25% of the population earn more than 639,100 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.

Fundraising Manager 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 fundraising 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 Fundraising Manager in Honduras that has less than two years of experience can expect to earn somewhere in the region of 232,900 HNL.
  • 2 - 5 Years Experience. With two to five years of experience the average Fundraising Manager salary would increase to 309,800 HNL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Fundraising Manager, the average salary would be 454,900 HNL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 555,800 HNL.
  • 15 - 20 Years Experience. A Fundraising Manager with 15 to 20 years of experience can earn an average of 605,700 HNL.
  • 20+ Years Experience. For a Fundraising Manager with more than 20 years, the expected average salary increases to 658,300 HNL.

Average Salary by Experience Chart

0-2 Years
232,900 HNL
2-5 Years +34%
309,800 HNL
5-10 Years +48%
454,900 HNL
10-15 Years +22%
555,800 HNL
15-20 Years +9%
605,700 HNL
20+ Years +8%
658,300 HNL

Fundraising Manager 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 Fundraising Manager 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 Fundraising Manager in Honduras with a high school education can earn an average salary of 282,300 HNL.

  • Certificate or Diploma. A Fundraising Manager in Honduras with a certificate or diploma education can earn an average salary of 332,100 HNL.

  • Bachelor's Degree. A Fundraising Manager in Honduras with a bachelor's degree education can earn an average salary of 483,800 HNL.

  • Master's Degree. A Fundraising Manager in Honduras with a master's degree education can earn an average salary of 632,400 HNL.

Average Salary by Education Chart

High School
282,300 HNL
Certificate or Diploma +18%
332,100 HNL
Bachelor's Degree +45%
483,800 HNL
Master's Degree +31%
632,400 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.

Fundraising 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 Honduras, a male fundraising manager will earn an average of 472,000 HNL, while a female fundraising manager will earn around 412,000 HNL.

This means that a male fundraising manager earns approximately 15% more than a female fundraising manager for performing the same job.

Average Salary by Gender Chart in Honduras

Male
472,000 HNL
Female -15%
412,000 HNL

Fundraising Manager 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 Fundraising Manager in Honduras is around 8% every 31 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 = ( 8 ÷ 31 ) × 12  = 3%

What this means is that a Fundraising Manager 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%

Fundraising Manager 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 Fundraising Manager is a moderate bonus based job, with 67% of employees reporting at least one bonus in the last 12 months.

33% 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
67%
No Bonus
33%

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 Fundraising Manager

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

Job Title Category Salary
Activity Aide Fundraising and Non Profit 119,900 HNL
Activity Coordinator Fundraising and Non Profit 103,200 HNL
Activity Leader Fundraising and Non Profit 195,200 HNL
Adoption Specialist Fundraising and Non Profit 344,600 HNL
Assistant Programme Officer Fundraising and Non Profit 197,600 HNL
Campaign Manager Fundraising and Non Profit 406,300 HNL
Charities Administrator Fundraising and Non Profit 251,500 HNL
Charities Fundraiser Fundraising and Non Profit 259,100 HNL
Civil Servant Fundraising and Non Profit 102,620 HNL
Civil Service Administrator Fundraising and Non Profit 161,300 HNL
Community Health Worker Fundraising and Non Profit 96,500 HNL
Community Relations Representative Fundraising and Non Profit 159,500 HNL
Community Service Manager Fundraising and Non Profit 341,400 HNL
Community Volunteer Fundraising and Non Profit 103,580 HNL
Community Worker Fundraising and Non Profit 97,760 HNL
Custodial Worker Fundraising and Non Profit 116,540 HNL
Education Planning Specialist Fundraising and Non Profit 348,300 HNL
Foundation Assistant Fundraising and Non Profit 152,100 HNL
Foundation Director Fundraising and Non Profit 489,600 HNL
Foundation Program Coordinator Fundraising and Non Profit 290,800 HNL
Fundraiser Fundraising and Non Profit 253,400 HNL
Fundraising Coordinator Fundraising and Non Profit 172,200 HNL
Fundraising Director Fundraising and Non Profit 467,700 HNL
Grant Writer Fundraising and Non Profit 137,400 HNL
Healthcare Social Worker Fundraising and Non Profit 111,860 HNL
Homeless Shelter Worker Fundraising and Non Profit 96,500 HNL
Major Gift Officer Fundraising and Non Profit 110,120 HNL
Orphan Program Coordinator Fundraising and Non Profit 172,200 HNL
Rehab Aide Fundraising and Non Profit 118,520 HNL
Rehabilitation Aide Fundraising and Non Profit 117,440 HNL
Social Worker Fundraising and Non Profit 103,200 HNL
Sponsorship Coordinator Fundraising and Non Profit 158,700 HNL
Volunteer Coordinator Fundraising and Non Profit 128,900 HNL

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