Average Materials Planner Salary in Honduras for 2024

In this article, we will look at the average Materials Planner 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 Materials Planner Make in Honduras?

A Materials Planner working in Honduras will typically earn around 181,600 HNL per year, and this can range from the lowest average salary of about 88,600 HNL to the highest average salary of 282,300 HNL.

Average Annual Salary
181,600 HNL
Average Monthly Salary
15,133 HNL

Lowest Annual Salary
88,600 HNL
Lowest Monthly Salary
7,383 HNL

Highest Annual Salary
282,300 HNL
Highest Monthly Salary
23,525 HNL

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

Materials Planner 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 Materials Planner Salaries in Honduras

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

Salary ranges

We already know that a Materials Planner can earn between 88,600 HNL and 282,300 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 Materials Planner in Honduras is 185,100 HNL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 185,100 HNL, and 50% of the population earn more than 185,100 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 Materials Planner salary in Honduras, 25% of the population are earning less than 125,100 HNL while 75% of the population earn more than 125,100 HNL.

75% of the population earn less than 238,900 HNL, and 25% of the population earn more than 238,900 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.

Materials Planner 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 materials planner 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 Materials Planner in Honduras that has less than two years of experience can expect to earn somewhere in the region of 104,060 HNL.
  • 2 - 5 Years Experience. With two to five years of experience the average Materials Planner salary would increase to 136,200 HNL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Materials Planner, the average salary would be 187,300 HNL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 232,900 HNL.
  • 15 - 20 Years Experience. A Materials Planner with 15 to 20 years of experience can earn an average of 247,800 HNL.
  • 20+ Years Experience. For a Materials Planner with more than 20 years, the expected average salary increases to 263,900 HNL.

Average Salary by Experience Chart

0-2 Years
104,060 HNL
2-5 Years +29%
136,200 HNL
5-10 Years +38%
187,300 HNL
10-15 Years +24%
232,900 HNL
15-20 Years +7%
247,800 HNL
20+ Years +7%
263,900 HNL

Materials Planner 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 Materials Planner 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 Materials Planner in Honduras with a high school education can earn an average salary of 130,400 HNL.

  • Certificate or Diploma. A Materials Planner in Honduras with a certificate or diploma education can earn an average salary of 152,100 HNL.

  • Bachelor's Degree. A Materials Planner in Honduras with a bachelor's degree education can earn an average salary of 204,700 HNL.

  • Master's Degree. A Materials Planner in Honduras with a master's degree education can earn an average salary of 254,800 HNL.

Average Salary by Education Chart

High School
130,400 HNL
Certificate or Diploma +15%
152,100 HNL
Bachelor's Degree +35%
204,700 HNL
Master's Degree +26%
254,800 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.

Materials Planner 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 materials planner will earn an average of 189,300 HNL, while a female materials planner will earn around 172,200 HNL.

This means that a male materials planner earns approximately 10% more than a female materials planner for performing the same job.

Average Salary by Gender Chart in Honduras

Male
189,300 HNL
Female -10%
172,200 HNL

Materials Planner 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 Materials Planner in Honduras is around 6% every 28 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 = ( 6 ÷ 28 ) × 12  = 3%

What this means is that a Materials Planner 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%

Materials Planner 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 Materials Planner is a low bonus based job, with 12% of employees reporting at least one bonus in the last 12 months.

88% 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 0% to 4%.

Received Bonus
12%
No Bonus
88%

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 Materials Planner

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

Job Title Category Salary
After Sales Automotive Manager Automotive 325,800 HNL
Alignment Technician Automotive 116,540 HNL
Auto Damage Adjuster Automotive 128,900 HNL
Auto Detailer Automotive 127,700 HNL
Auto Parts Manager Automotive 394,800 HNL
Automotive Assembler Automotive 119,900 HNL
Automotive Assembly Manager Automotive 365,400 HNL
Automotive Assembly Operator Automotive 119,900 HNL
Automotive Body Repairer Automotive 116,540 HNL
Automotive Branch Manager Automotive 498,500 HNL
Automotive Central Planner Automotive 167,100 HNL
Automotive Electrician Automotive 151,800 HNL
Automotive Engineering Technician Automotive 167,100 HNL
Automotive Estimating Manager Automotive 317,700 HNL
Automotive Estimator Automotive 265,000 HNL
Automotive General Manager Automotive 623,200 HNL
Automotive Inventory Officer Automotive 111,900 HNL
Automotive Manager Automotive 566,900 HNL
Automotive Master Mechanic Automotive 176,800 HNL
Automotive Parts Supplier Automotive 189,300 HNL
Automotive Project Engineer Automotive 225,300 HNL
Automotive Project Manager Automotive 404,600 HNL
Automotive Purchase Manager Automotive 431,300 HNL
Automotive Sales Automotive 246,500 HNL
Automotive Service Technician Automotive 118,200 HNL
Automotive Technician Automotive 119,860 HNL
Automotive Test Engineer Automotive 197,600 HNL
Automotive Warranty Administrator Automotive 209,500 HNL
Automotive Warranty Clerk Automotive 139,100 HNL
Car Parts and Accessories Fitter Automotive 114,380 HNL
Car Salesman Automotive 251,500 HNL
Damage Appraiser Automotive 172,200 HNL
Diesel Engine Specialist Automotive 172,200 HNL
Job Card Opener Automotive 106,780 HNL
Lube Technician Automotive 95,980 HNL
Master File Maintenance Automotive 167,100 HNL
Mechanic Automotive 119,900 HNL
Motor Vehicle Inspector Automotive 185,100 HNL
Motorcycle Mechanic Automotive 136,100 HNL
Service Advisor Automotive 222,300 HNL
Service Manager Automotive 362,200 HNL
Stock Controller Automotive 151,800 HNL
Technical Advisor Automotive 227,600 HNL
Tire Retreader Automotive 107,880 HNL
Used Car Manager Automotive 318,800 HNL
Vehicle Body Maker Automotive 148,300 HNL
Vehicle Examiner Automotive 159,100 HNL
Vehicle Painter Automotive 97,300 HNL
Vehicle Trimmer Automotive 110,380 HNL
Welder Automotive 99,560 HNL

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