Average Marketing Director Salary in Ecuador for 2024

In this article, we will look at the average Marketing Director salary for 2024 in Ecuador 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 United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Marketing Director Make in Ecuador?

A Marketing Director working in Ecuador will typically earn around 26,280 USD per year, and this can range from the lowest average salary of about 13,540 USD to the highest average salary of 44,720 USD.

Average Annual Salary
26,280 USD
Average Monthly Salary
2,190 USD

Lowest Annual Salary
13,540 USD
Lowest Monthly Salary
1,128 USD

Highest Annual Salary
44,720 USD
Highest Monthly Salary
3,726 USD

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

Marketing Director 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 Marketing Director Salaries in Ecuador

So we've looked at the average salaries a Marketing Director will earn in Ecuador. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Marketing Director can earn between 13,540 USD and 44,720 USD on average in Ecuador. 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 Marketing Director in Ecuador is 29,640 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 29,640 USD, and 50% of the population earn more than 29,640 USD.

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 Marketing Director salary in Ecuador, 25% of the population are earning less than 18,940 USD while 75% of the population earn more than 18,940 USD.

75% of the population earn less than 42,040 USD, and 25% of the population earn more than 42,040 USD.

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.

Marketing Director Salary by Experience Level in Ecuador

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 marketing director 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 Marketing Director in Ecuador that has less than two years of experience can expect to earn somewhere in the region of 14,840 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Marketing Director salary would increase to 19,860 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Marketing Director, the average salary would be 27,020 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 34,360 USD.
  • 15 - 20 Years Experience. A Marketing Director with 15 to 20 years of experience can earn an average of 37,800 USD.
  • 20+ Years Experience. For a Marketing Director with more than 20 years, the expected average salary increases to 42,320 USD.

Average Salary by Experience Chart

0-2 Years
14,840 USD
2-5 Years +34%
19,860 USD
5-10 Years +48%
27,020 USD
10-15 Years +22%
34,360 USD
15-20 Years +9%
37,800 USD
20+ Years +8%
42,320 USD

Marketing Director Salary by Education Level in Ecuador

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 Marketing Director in Ecuador based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Marketing Director in Ecuador with a certificate or diploma education can earn an average salary of 15,380 USD.

  • Bachelor's Degree. A Marketing Director in Ecuador with a bachelor's degree education can earn an average salary of 25,160 USD.

  • Master's Degree. A Marketing Director in Ecuador with a master's degree education can earn an average salary of 43,520 USD.

Average Salary by Education Chart

Certificate or Diploma
15,380 USD
Bachelor's Degree +57%
25,160 USD
Master's Degree +68%
43,520 USD

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 Ecuador is around 6,810 to 20,400 USD 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.

Marketing Director 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 Ecuador, a male marketing director will earn an average of 27,480 USD, while a female marketing director will earn around 25,660 USD.

This means that a male marketing director earns approximately 7% more than a female marketing director for performing the same job.

Average Salary by Gender Chart in Ecuador

Male
27,480 USD
Female -7%
25,660 USD

Marketing Director Average Pay Raise in Ecuador

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 Marketing Director in Ecuador is around 11% every 20 months.

The national average pay raise across all professions and industries in Ecuador 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 = ( 11 ÷ 20 ) × 12  = 7%

What this means is that a Marketing Director in Ecuador can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Ecuador for 2024

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

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

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

Marketing Director Bonus and Incentive Rates in Ecuador

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 Marketing Director is a high bonus based job, with 83% of employees reporting at least one bonus in the last 12 months.

17% 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
83%
No Bonus
17%

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 Ecuador earn approximately 9% less than private sector employees in the same role.

Public Sector
15,700 USD
Private Sector +9%
17,260 USD

Salaries for Jobs Similar to a Marketing Director

In the table below, we have salary information for jobs that are similar to a Marketing Director in Ecuador.

Job Title Category Salary
Account Handler Marketing 11,360 USD
Affiliate Manager Marketing 18,260 USD
Analytics Specialist Marketing 13,780 USD
Assistant Brand Manager Marketing 17,740 USD
Assistant Product Manager Marketing 20,520 USD
Associate Marketing Manager Marketing 18,940 USD
Associate Product Manager Marketing 19,480 USD
Brand Ambassador Marketing 23,660 USD
Brand Director Marketing 31,340 USD
Brand Executive Marketing 25,440 USD
Brand Manager Marketing 26,660 USD
Business Analytics Specialist Marketing 13,700 USD
Business Channel Manager Marketing 19,200 USD
Business Intelligence Team Leader Marketing 20,300 USD
Campaign Specialist Marketing 15,700 USD
Chief Marketing Officer Marketing 28,720 USD
Chief Product Officer Marketing 26,080 USD
Communications Officer Marketing 7,240 USD
Content Manager Marketing 14,540 USD
Content Marketing Strategist Marketing 19,200 USD
Copy Editer Marketing 9,740 USD
Copy Writer Marketing 12,840 USD
Creative Marketing Lead Marketing 18,780 USD
Creative Writer Marketing 8,880 USD
Digital Marketer Marketing 14,540 USD
Digital Marketing Manager Marketing 20,460 USD
Digital Marketing Strategist Marketing 22,540 USD
Digital Media Specialist Marketing 18,900 USD
Director of Marketing Marketing 26,660 USD
Director of Research Marketing 21,540 USD
eMarketing Manager Marketing 23,520 USD
Event Marketing Marketing 21,020 USD
Head of Executive Search Marketing 23,360 USD
Key Affiliate Manager Marketing 21,020 USD
Localization Manager Marketing 19,360 USD
Market Development Executive Marketing 24,820 USD
Market Development Manager Marketing 23,520 USD
Market Research Analyst Marketing 17,740 USD
Market Research Manager Marketing 19,480 USD
Market Segmentation Director Marketing 21,380 USD
Marketing Account Supervisor Marketing 18,780 USD
Marketing Administrator Marketing 13,560 USD
Marketing Advisor Marketing 16,400 USD
Marketing Analyst Marketing 16,140 USD
Marketing and Communications Officer Marketing 12,020 USD
Marketing and Sales Head Marketing 29,840 USD
Marketing Assistant Marketing 8,560 USD
Marketing Associate Marketing 8,560 USD
Marketing Communications Manager Marketing 17,760 USD
Marketing Consultant Marketing 23,520 USD
Marketing Coordinator Marketing 10,380 USD
Marketing Distribution Executive Marketing 23,380 USD
Marketing Executive Marketing 22,420 USD
Marketing Manager Marketing 29,540 USD
Marketing Officer Marketing 10,380 USD
Marketing Segment Manager Marketing 21,560 USD
Marketing Specialist Marketing 12,580 USD
Marketing Supervisor Marketing 16,340 USD
Marketing Vice President Marketing 20,460 USD
Marketing Writer Marketing 10,080 USD
Online Marketing Analyst Marketing 15,580 USD
Online Marketing Manager Marketing 20,300 USD
Optimization Manager Marketing 17,860 USD
Outbound Sales Marketing 13,060 USD
Outreach Coordinator Marketing 10,980 USD
Outreach Specialist Marketing 17,100 USD
Product Development Marketing 20,500 USD
Product Manager Marketing 22,540 USD
Product Marketing Engineer Marketing 13,660 USD
Product Marketing Executive Marketing 19,980 USD
Product Marketing Manager Marketing 20,940 USD
Product Researcher Marketing 10,080 USD
Product Strategist Marketing 17,560 USD
Product Strategy Researcher Marketing 15,580 USD
Product Training Specialist Marketing 14,200 USD
Project Manager Marketing 16,140 USD
Publications Coordinator Marketing 9,960 USD
Research Executive Marketing 21,020 USD
Sales and Marketing Assistant Marketing 7,240 USD
Sales and Marketing Coordinator Marketing 10,320 USD
Sales and Marketing Director Marketing 27,620 USD
Sales Director Marketing 28,180 USD
Sales Management Support Marketing 8,100 USD
Sales Manager Marketing 26,100 USD
Search Marketing Strategist Marketing 23,500 USD
Social Media Administrator Marketing 17,620 USD
Social Media Specialist Marketing 15,760 USD
Spaceman Analyst Marketing 7,800 USD
Sponsorship Consultant Marketing 17,260 USD
Team Leader Marketing 15,380 USD
Telemarketer Marketing 8,960 USD
Trade Marketing Executive Marketing 21,380 USD
Trade Marketing Manager Marketing 20,940 USD
Trade Marketing Professional Marketing 18,780 USD
Trade Marketing Specialist Marketing 13,540 USD
Web Analytics Manager Marketing 16,980 USD
Web Content Manager Marketing 16,140 USD

Salary Comparison by City

If you want to compare salaries with different cities in Ecuador, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Cuenca 28,680 USD
Duran 25,660 USD
Guayaquil 29,640 USD
Machala 29,840 USD
Manta 26,080 USD
Portoviejo 24,720 USD
Quito 32,020 USD
Santo Domingo 31,540 USD

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