Average Jewelry Mold Maker Salary in Mexico for 2024

In this article, we will look at the average Jewelry Mold Maker 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 Jewelry Mold Maker Make in Mexico?

A Jewelry Mold Maker working in Mexico will typically earn around 215,100 MXN per year, and this can range from the lowest average salary of about 112,660 MXN to the highest average salary of 330,900 MXN.

Average Annual Salary
215,100 MXN
Average Monthly Salary
17,925 MXN

Lowest Annual Salary
112,660 MXN
Lowest Monthly Salary
9,388 MXN

Highest Annual Salary
330,900 MXN
Highest Monthly Salary
27,575 MXN

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

Jewelry Mold Maker 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 Jewelry Mold Maker Salaries in Mexico

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

Salary ranges

We already know that a Jewelry Mold Maker can earn between 112,660 MXN and 330,900 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 Jewelry Mold Maker in Mexico is 207,700 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 207,700 MXN, and 50% of the population earn more than 207,700 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 Jewelry Mold Maker salary in Mexico, 25% of the population are earning less than 142,300 MXN while 75% of the population earn more than 142,300 MXN.

75% of the population earn less than 259,100 MXN, and 25% of the population earn more than 259,100 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.

Jewelry Mold Maker 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 jewelry mold maker 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 Jewelry Mold Maker in Mexico that has less than two years of experience can expect to earn somewhere in the region of 129,000 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Jewelry Mold Maker salary would increase to 172,200 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Jewelry Mold Maker, the average salary would be 221,500 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 271,300 MXN.
  • 15 - 20 Years Experience. A Jewelry Mold Maker with 15 to 20 years of experience can earn an average of 294,700 MXN.
  • 20+ Years Experience. For a Jewelry Mold Maker with more than 20 years, the expected average salary increases to 312,400 MXN.

Average Salary by Experience Chart

0-2 Years
129,000 MXN
2-5 Years +34%
172,200 MXN
5-10 Years +30%
221,500 MXN
10-15 Years +21%
271,300 MXN
15-20 Years +9%
294,700 MXN
20+ Years +5%
312,400 MXN

Jewelry Mold Maker 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 Jewelry Mold Maker 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 Jewelry Mold Maker in Mexico with a high school education can earn an average salary of 159,500 MXN.

  • Certificate or Diploma. A Jewelry Mold Maker in Mexico with a certificate or diploma education can earn an average salary of 271,300 MXN.

Average Salary by Education Chart

High School
159,500 MXN
Certificate or Diploma +68%
271,300 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.

Jewelry Mold Maker 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 jewelry mold maker will earn an average of 207,700 MXN, while a female jewelry mold maker will earn around 228,000 MXN.

This means that a male jewelry mold maker earns approximately 9% less than a female jewelry mold maker for performing the same job.

Average Salary by Gender Chart in Mexico

Male
207,700 MXN
Female +9%
228,000 MXN

Jewelry Mold Maker 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 Jewelry Mold Maker in Mexico is around 9% every 18 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 = ( 9 ÷ 18 ) × 12  = 6%

What this means is that a Jewelry Mold Maker in Mexico can expect to receive an average pay raise of around 6% 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%

Jewelry Mold Maker 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 Jewelry Mold Maker is a low bonus based job, with 26% of employees reporting at least one bonus in the last 12 months.

74% 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
26%
No Bonus
74%

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 Jewelry Mold Maker

In the table below, we have salary information for jobs that are similar to a Jewelry Mold Maker in Mexico.

Job Title Category Salary
Alterations Specialist Fashion and Apparel 161,300 MXN
Barber Fashion and Apparel 159,400 MXN
Bench Jeweler Fashion and Apparel 136,200 MXN
Clothing and Textile Technologist Fashion and Apparel 341,400 MXN
Cosmetology Educator Fashion and Apparel 372,600 MXN
Diamond Setter Fashion and Apparel 174,000 MXN
Diamond Worker Fashion and Apparel 221,500 MXN
Fabric Manager Fashion and Apparel 420,100 MXN
Fashion Design Manager Fashion and Apparel 618,800 MXN
Fashion Designer Fashion and Apparel 562,600 MXN
Fashion Merchandiser Fashion and Apparel 246,200 MXN
Fashion Model Fashion and Apparel 366,200 MXN
Freelance Fashion Stylist Fashion and Apparel 571,300 MXN
Garment Technologist Fashion and Apparel 327,800 MXN
Hairstylist Fashion and Apparel 175,900 MXN
Jeweler Fashion and Apparel 299,500 MXN
Jewelry Polisher Fashion and Apparel 137,400 MXN
Jewelry Sales Fashion and Apparel 249,600 MXN
Plating Manager Fashion and Apparel 424,900 MXN
Product Development Manager Fashion and Apparel 752,600 MXN
Sewing Machine Operator Fashion and Apparel 127,700 MXN
Shoe Sales Fashion and Apparel 183,700 MXN
Supply Chain Manager Fashion and Apparel 650,800 MXN
Tailor / Fitter Fashion and Apparel 159,400 MXN
Trend Forecaster Fashion and Apparel 377,200 MXN
Visual Merchandising Coordinator Fashion and Apparel 267,100 MXN
Visual Merchandising Projects Manager Fashion and Apparel 547,800 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 259,100 MXN
Acuna 204,000 MXN
Aguascalientes 275,200 MXN
Boca del Rio 174,000 MXN
Buenavista 195,200 MXN
Campeche 212,500 MXN
Cancun 259,100 MXN
Celaya 225,700 MXN
Chalco 189,300 MXN
Chetumal 192,000 MXN
Chicoloapan 201,100 MXN
Chihuahua 267,100 MXN
Chilpancingo 201,100 MXN
Chimalhuacan 251,500 MXN
Cholula de Rivadabia 205,700 MXN
Ciudad Apodaca 233,600 MXN
Ciudad del Carmen 196,800 MXN
Ciudad Juarez 183,700 MXN
Ciudad Lopez Mateos 249,600 MXN
Ciudad Obregon 239,000 MXN
Ciudad Santa Catarina 232,900 MXN
Ciudad Valles 176,800 MXN
Ciudad Victoria 221,500 MXN
Coacalco 225,300 MXN
Coatzacoalcos 201,100 MXN
Colima 172,200 MXN
Cordoba 180,300 MXN
Cuautitlan Izcalli 240,500 MXN
Cuautla 187,300 MXN
Cuernavaca 239,000 MXN
Culiacan 277,400 MXN
Delicias 181,600 MXN
Durango 263,200 MXN
Ecatepec de Morelos 281,500 MXN
Ensenada 217,900 MXN
Fresnillo 168,100 MXN
General Escobedo 227,600 MXN
Gomez Palacio 231,000 MXN
Guadalajara 271,300 MXN
Guadalupe 266,000 MXN
Guaymas 163,800 MXN
Hermosillo 254,700 MXN
Hidalgo del Parral 172,400 MXN
Iguala 172,400 MXN
Irapuato 239,000 MXN
Ixtapaluca 237,400 MXN
Jiutepec 200,000 MXN
La Paz 215,100 MXN
Leon 279,400 MXN
Los Mochis 216,800 MXN
Los Reyes la Paz 222,300 MXN
Manzanillo 183,700 MXN
Matamoros 239,000 MXN
Mazatlan 228,500 MXN
Merida 254,700 MXN
Metepec 197,600 MXN
Mexicali 261,300 MXN
Mexico City 288,700 MXN
Minatitlan 161,600 MXN
Monclova 204,000 MXN
Monterrey 283,700 MXN
Morelia 245,300 MXN
Naucalpan 275,200 MXN
Navojoa 168,100 MXN
Nezahualcoyotl 266,000 MXN
Nogales 196,800 MXN
Nuevo Laredo 240,500 MXN
Oaxaca 217,900 MXN
Ojo de Agua 221,500 MXN
Orizaba 174,000 MXN
Pachuca 216,800 MXN
Piedras Negras 183,600 MXN
Playa del Carmen 187,500 MXN
Poza Rica 190,500 MXN
Puebla 290,800 MXN
Puerto Vallarta 204,700 MXN
Queretaro 258,400 MXN
Reynosa 263,100 MXN
Salamanca 197,600 MXN
Saltillo 273,300 MXN
San Cristobal de las Casas 197,600 MXN
San Juan del Rio 172,400 MXN
San Luis Potosi 261,300 MXN
San Luis Rio Colorado 180,500 MXN
San Nicolas de los Garza 254,700 MXN
San Pablo de las Salinas 191,600 MXN
San Pedro Garza Garcia 169,000 MXN
Soledad de Graciano Sanchez 205,700 MXN
Tampico 233,600 MXN
Tapachula 197,600 MXN
Tehuacan 209,700 MXN
Tepic 231,000 MXN
Tijuana 277,400 MXN
Tlalnepantla de Baz 246,500 MXN
Tlaquepaque 263,200 MXN
Toluca 239,300 MXN
Tonala 237,400 MXN
Torreon 246,200 MXN
Tuxtla Gutierrez 253,400 MXN
Uruapan 218,900 MXN
Veracruz 245,300 MXN
Villa Nicolas Romero 216,800 MXN
Villahermosa 225,300 MXN
Xalapa 246,200 MXN
Xico 232,900 MXN
Zacatecas 180,500 MXN
Zamora de Hidalgo 183,700 MXN
Zapopan 288,100 MXN

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