Average Human Resources Coordinator Salary in Panama for 2024

In this article, we will look at the average Human Resources Coordinator salary for 2024 in Panama 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 Panamanian balboa. To keep things simple, we are using the PAB currency code instead of the currency symbol B/..

How Much Does a Human Resources Coordinator Make in Panama?

A Human Resources Coordinator working in Panama will typically earn around 10,080 PAB per year, and this can range from the lowest average salary of about 6,180 PAB to the highest average salary of 18,780 PAB.

Average Annual Salary
10,080 PAB
Average Monthly Salary
840 PAB

Lowest Annual Salary
6,180 PAB
Lowest Monthly Salary
515 PAB

Highest Annual Salary
18,780 PAB
Highest Monthly Salary
1,565 PAB

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

Human Resources 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 Human Resources Coordinator Salaries in Panama

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

Salary ranges

We already know that a Human Resources Coordinator can earn between 6,180 PAB and 18,780 PAB on average in Panama. 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 Human Resources Coordinator in Panama is 12,300 PAB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 12,300 PAB, and 50% of the population earn more than 12,300 PAB.

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 Human Resources Coordinator salary in Panama, 25% of the population are earning less than 5,960 PAB while 75% of the population earn more than 5,960 PAB.

75% of the population earn less than 14,540 PAB, and 25% of the population earn more than 14,540 PAB.

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.

Human Resources Coordinator Salary by Experience Level in Panama

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 human resources 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 Human Resources Coordinator in Panama that has less than two years of experience can expect to earn somewhere in the region of 5,520 PAB.
  • 2 - 5 Years Experience. With two to five years of experience the average Human Resources Coordinator salary would increase to 7,800 PAB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Human Resources Coordinator, the average salary would be 9,940 PAB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 12,240 PAB.
  • 15 - 20 Years Experience. A Human Resources Coordinator with 15 to 20 years of experience can earn an average of 17,260 PAB.
  • 20+ Years Experience. For a Human Resources Coordinator with more than 20 years, the expected average salary increases to 16,400 PAB.

Average Salary by Experience Chart

0-2 Years
5,520 PAB
2-5 Years +34%
7,800 PAB
5-10 Years +30%
9,940 PAB
10-15 Years +21%
12,240 PAB
15-20 Years +9%
17,260 PAB
20+ Years +5%
16,400 PAB

Human Resources Coordinator Salary by Education Level in Panama

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 Human Resources Coordinator in Panama based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Human Resources Coordinator in Panama with a bachelor's degree education can earn an average salary of 8,560 PAB.

  • Master's Degree. A Human Resources Coordinator in Panama with a master's degree education can earn an average salary of 13,780 PAB.

Average Salary by Education Chart

Bachelor's Degree
8,560 PAB
Master's Degree +39%
13,780 PAB

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 Panama is around 10,600 to 31,800 PAB 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.

Human Resources 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 Panama, a male human resources coordinator will earn an average of 13,660 PAB, while a female human resources coordinator will earn around 10,220 PAB.

This means that a male human resources coordinator earns approximately 34% more than a female human resources coordinator for performing the same job.

Average Salary by Gender Chart in Panama

Male
13,660 PAB
Female -34%
10,220 PAB

Human Resources Coordinator Average Pay Raise in Panama

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 Human Resources Coordinator in Panama is around 9% every 19 months.

The national average pay raise across all professions and industries in Panama 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 = ( 9 ÷ 19 ) × 12  = 6%

What this means is that a Human Resources Coordinator in Panama can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Panama for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Human Resources Coordinator Bonus and Incentive Rates in Panama

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 Human Resources Coordinator is a low bonus based job, with 25% of employees reporting at least one bonus in the last 12 months.

75% 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 1% to 3%.

Received Bonus
25%
No Bonus
75%

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 Panama earn approximately 4% more than private sector employees in the same role.

Public Sector
27,040 PAB
Private Sector -4%
26,020 PAB

Salaries for Jobs Similar to a Human Resources Coordinator

In the table below, we have salary information for jobs that are similar to a Human Resources Coordinator in Panama.

Job Title Category Salary
Benefits Administrator Human Resources 17,260 PAB
Benefits Analyst Human Resources 19,480 PAB
Benefits Manager Human Resources 32,960 PAB
Benefits Specialist Human Resources 19,640 PAB
Chief Human Resources Officer Human Resources 38,620 PAB
Chief People Officer Human Resources 41,180 PAB
Compensation Analyst Human Resources 16,980 PAB
Compensation and Benefits Manager Human Resources 35,500 PAB
Compensation and Benefits Officer Human Resources 12,000 PAB
Compensation and Benefits Specialist Human Resources 19,640 PAB
Compensation Manager Human Resources 34,160 PAB
Corporate Director of Human Resources Human Resources 42,320 PAB
Corporate Recruiter Human Resources 26,660 PAB
Corporate Trainer Human Resources 19,360 PAB
Director of Talent Acquisition Human Resources 39,960 PAB
Employee Benefits Administrator Human Resources 19,940 PAB
Employee Benefits Consultant Human Resources 27,480 PAB
Employee Benefits Coordinator Human Resources 11,040 PAB
Employee Communications Manager Human Resources 26,780 PAB
Employee Development Specialist Human Resources 28,180 PAB
Employee Engagement Specialist Human Resources 25,160 PAB
Employee Health and Wellness Administrator Human Resources 23,260 PAB
Employee Performance Specialist Human Resources 20,500 PAB
Employee Relations Analyst Human Resources 25,680 PAB
Employee Relations Manager Human Resources 26,780 PAB
Employee Relations Practitioner Human Resources 26,860 PAB
Employee Relations Representative Human Resources 20,940 PAB
Employee Relations Specialist Human Resources 26,780 PAB
Employee Services Manager Human Resources 28,900 PAB
Employee Services Specialist Human Resources 26,080 PAB
Employee Wellness Officer Human Resources 18,280 PAB
Employment Advice Worker Human Resources 12,620 PAB
Employment Interviewer Human Resources 19,220 PAB
Employment Relations Officer Human Resources 13,540 PAB
Employment Service Specialist Human Resources 15,760 PAB
Employment Services Coordinator Human Resources 19,200 PAB
Enrollment Counselor Human Resources 25,940 PAB
Equal Opportunity Representative Human Resources 19,360 PAB
Executive Human Capital Management Human Resources 38,620 PAB
Executive Recruiter Human Resources 26,660 PAB
Expatriate Administration Manager Human Resources 26,400 PAB
Expatriate Administration Supervisor Human Resources 20,300 PAB
Global Mobility Manager Human Resources 33,980 PAB
Head of Human Resources Human Resources 34,380 PAB
Headhunter Human Resources 26,100 PAB
Health Benefits Coordinator Human Resources 17,540 PAB
HRIS Analyst Human Resources 14,540 PAB
HRIS Manager Human Resources 21,300 PAB
HRIS Officer Human Resources 12,200 PAB
HRIS Supervisor Human Resources 12,240 PAB
Human Resources Administration Specialist Human Resources 14,820 PAB
Human Resources Administrative Assistant Human Resources 13,660 PAB
Human Resources Administrative Coordinator Human Resources 15,300 PAB
Human Resources Administrator Human Resources 15,300 PAB
Human Resources Advisor Human Resources 27,300 PAB
Human Resources Analyst Human Resources 22,340 PAB
Human Resources Assessor Human Resources 12,240 PAB
Human Resources Assistant Human Resources 9,960 PAB
Human Resources Assistant Manager Human Resources 28,860 PAB
Human Resources Associate Human Resources 12,300 PAB
Human Resources Consultant Human Resources 32,020 PAB
Human Resources Data Analytics Manager Human Resources 19,940 PAB
Human Resources Deputy Manager Human Resources 27,480 PAB
Human Resources Development Manager Human Resources 36,160 PAB
Human Resources Director Human Resources 42,040 PAB
Human Resources Executive Human Resources 29,840 PAB
Human Resources Generalist Human Resources 18,280 PAB
Human Resources Manager Human Resources 35,000 PAB
Human Resources Officer Human Resources 17,260 PAB
Human Resources Recruiter Human Resources 28,900 PAB
Human Resources Representative Human Resources 15,760 PAB
Human Resources Section Head Human Resources 24,200 PAB
Human Resources Services Manager Human Resources 32,900 PAB
Human Resources Specialist Human Resources 20,500 PAB
Human Resources Superintendent Human Resources 12,240 PAB
Human Resources Training Executive Human Resources 26,860 PAB
Human Resources Vice President Human Resources 38,140 PAB
Industrial Organizational Psychologist Human Resources 35,500 PAB
Job Evaluation Specialist Human Resources 27,020 PAB
Labor Relations Director Human Resources 32,960 PAB
Labor Relations Manager Human Resources 31,380 PAB
Labor Relations Specialist Human Resources 15,880 PAB
Learning and Development Manager Human Resources 31,520 PAB
Occupational Health and Safety Officer Human Resources 12,240 PAB
Organizational Development Consultant Human Resources 30,800 PAB
Organizational Development Manager Human Resources 33,980 PAB
Organizational Development Specialist Human Resources 18,780 PAB
Payroll Assistant Human Resources 13,540 PAB
Payroll Supervisor Human Resources 17,100 PAB
People Development Officer Human Resources 20,120 PAB
Personnel Officer Human Resources 12,840 PAB
Personnel Recruiter Human Resources 29,540 PAB
Records Clerk Human Resources 7,820 PAB
Records Manager Human Resources 16,720 PAB
Recruiter Human Resources 25,720 PAB
Recruiting Coordinator Human Resources 14,660 PAB
Recruiting Manager Human Resources 36,800 PAB
Recruitment Consultant Human Resources 29,540 PAB
Recruitment Officer Human Resources 13,100 PAB
Recruitment Supervisor Human Resources 21,980 PAB
Research Associate Human Resources 13,700 PAB
SAP Resource Manager Human Resources 28,720 PAB
Talent Acquisition Manager Human Resources 36,700 PAB
Talent Acquisition Specialist Human Resources 20,460 PAB
Talent Management Officer Human Resources 17,620 PAB
Technical Recruiter Human Resources 15,920 PAB
Training Administrator Human Resources 13,100 PAB
Training and Development Manager Human Resources 36,940 PAB
Training and Development Section Head Human Resources 28,820 PAB
Training Executive Human Resources 30,840 PAB
Training Manager Human Resources 36,940 PAB
Training Officer Human Resources 13,900 PAB
Training Specialist Human Resources 19,940 PAB

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