Average MIS Executive Salary in Ecuador for 2024

In this article, we will look at the average MIS Executive 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 MIS Executive Make in Ecuador?

A MIS Executive working in Ecuador will typically earn around 24,820 USD per year, and this can range from the lowest average salary of about 12,300 USD to the highest average salary of 37,740 USD.

Average Annual Salary
24,820 USD
Average Monthly Salary
2,068 USD

Lowest Annual Salary
12,300 USD
Lowest Monthly Salary
1,025 USD

Highest Annual Salary
37,740 USD
Highest Monthly Salary
3,145 USD

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

MIS Executive 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 MIS Executive Salaries in Ecuador

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

Salary ranges

We already know that a MIS Executive can earn between 12,300 USD and 37,740 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 MIS Executive in Ecuador is 25,940 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 25,940 USD, and 50% of the population earn more than 25,940 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 MIS Executive salary in Ecuador, 25% of the population are earning less than 17,620 USD while 75% of the population earn more than 17,620 USD.

75% of the population earn less than 35,560 USD, and 25% of the population earn more than 35,560 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.

MIS Executive 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 mis executive 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 MIS Executive in Ecuador that has less than two years of experience can expect to earn somewhere in the region of 13,060 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average MIS Executive salary would increase to 17,540 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a MIS Executive, the average salary would be 23,140 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 31,540 USD.
  • 15 - 20 Years Experience. A MIS Executive with 15 to 20 years of experience can earn an average of 34,080 USD.
  • 20+ Years Experience. For a MIS Executive with more than 20 years, the expected average salary increases to 35,520 USD.

Average Salary by Experience Chart

0-2 Years
13,060 USD
2-5 Years +34%
17,540 USD
5-10 Years +48%
23,140 USD
10-15 Years +22%
31,540 USD
15-20 Years +9%
34,080 USD
20+ Years +8%
35,520 USD

MIS Executive 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 MIS Executive in Ecuador 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 MIS Executive in Ecuador with a high school education can earn an average salary of 17,020 USD.

  • Certificate or Diploma. A MIS Executive in Ecuador with a certificate or diploma education can earn an average salary of 17,860 USD.

  • Bachelor's Degree. A MIS Executive in Ecuador with a bachelor's degree education can earn an average salary of 24,200 USD.

  • Master's Degree. A MIS Executive in Ecuador with a master's degree education can earn an average salary of 32,420 USD.

Average Salary by Education Chart

High School
17,020 USD
Certificate or Diploma +18%
17,860 USD
Bachelor's Degree +45%
24,200 USD
Master's Degree +31%
32,420 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.

MIS Executive 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 mis executive will earn an average of 24,800 USD, while a female mis executive will earn around 22,540 USD.

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

Average Salary by Gender Chart in Ecuador

Male
24,800 USD
Female -10%
22,540 USD

MIS Executive 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 MIS Executive in Ecuador is around 12% every 18 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 = ( 12 ÷ 18 ) × 12  = 8%

What this means is that a MIS Executive in Ecuador can expect to receive an average pay raise of around 8% 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%

MIS Executive 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 MIS Executive is a moderate bonus based job, with 57% of employees reporting at least one bonus in the last 12 months.

43% 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 2% to 7%.

Received Bonus
57%
No Bonus
43%

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 MIS Executive

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

Job Title Category Salary
Account Coordinator Executive and Management 14,200 USD
Account Director Executive and Management 19,200 USD
Account Executive Executive and Management 18,780 USD
Account Manager Executive and Management 18,780 USD
Administration Manager Executive and Management 17,740 USD
Administration Officer Executive and Management 7,820 USD
Administration Supervisor Executive and Management 14,840 USD
Administrative Clerk Executive and Management 6,080 USD
Administrative Officer Executive and Management 7,040 USD
Area Director Executive and Management 15,300 USD
Area Manager Executive and Management 15,380 USD
Asset Protection Associate Executive and Management 19,480 USD
Assistant Director Executive and Management 17,860 USD
Assistant General Manager Executive and Management 21,540 USD
Assistant Manager Executive and Management 19,360 USD
Assistant Managing Director Executive and Management 22,420 USD
Assistant Operations Manager Executive and Management 20,000 USD
Assistant Project Manager Executive and Management 20,120 USD
Assistant Section Head Executive and Management 15,760 USD
Assistant to CEO Executive and Management 18,780 USD
Assistant Vice President Executive and Management 19,020 USD
Associate Account Director Executive and Management 19,360 USD
Associate Director Executive and Management 19,220 USD
Bid Manager Executive and Management 23,400 USD
Branch Manager Executive and Management 19,480 USD
Business Development Manager Executive and Management 20,460 USD
Business Operations Associate Executive and Management 18,280 USD
Business Operations Lead Executive and Management 19,360 USD
Campaign Manager Executive and Management 19,060 USD
Catering Coordinator Executive and Management 12,760 USD
Catering Manager Executive and Management 19,020 USD
CEO Executive and Management 34,120 USD
Chairman of The Board Executive and Management 34,960 USD
Chairman Office Manager Executive and Management 19,940 USD
Chief Commercial Officer Executive and Management 24,200 USD
Chief Corporate Officer Executive and Management 29,320 USD
Chief Executive Officer Executive and Management 36,800 USD
Chief Financial Officer Executive and Management 30,700 USD
Chief Investment Officer Executive and Management 29,540 USD
Chief of Staff Executive and Management 16,140 USD
Chief Operating Officer Executive and Management 25,720 USD
Chief Risk Officer Executive and Management 22,400 USD
Client Account Manager Executive and Management 22,540 USD
Client Accounts Officer Executive and Management 19,640 USD
Client Services Manager Executive and Management 22,420 USD
Commercial Director Executive and Management 25,220 USD
Commercial Manager Executive and Management 21,020 USD
Commercial Project Manager Executive and Management 19,860 USD
Commodity Broker Executive and Management 14,840 USD
COO Executive and Management 28,720 USD
Corporate Affairs Executive Executive and Management 23,400 USD
Corporate Compliance Director Executive and Management 23,260 USD
Corporate Director Executive and Management 26,020 USD
Corporate Officer Executive and Management 16,720 USD
Corporate Partnerships Officer Executive and Management 15,700 USD
Country Manager Executive and Management 27,620 USD
Department Head Executive and Management 21,020 USD
Department Manager Executive and Management 22,540 USD
Department Supervisor Executive and Management 20,120 USD
Deputy Director Executive and Management 24,800 USD
Deputy Manager Executive and Management 26,080 USD
Director Executive and Management 26,660 USD
Director of Accreditation Executive and Management 24,800 USD
Director of Catering Services Executive and Management 21,640 USD
Director of Client Services Executive and Management 23,480 USD
Director of Facilities Management Executive and Management 20,120 USD
Director of Operations Executive and Management 23,500 USD
Director of Process Simplification Executive and Management 19,220 USD
Director of Product Management Executive and Management 24,280 USD
Director of Project Management Executive and Management 23,080 USD
Director of Revenue Management Executive and Management 21,400 USD
Director of Training and Development Executive and Management 21,980 USD
Distribution Manager Executive and Management 24,200 USD
Division Manager Executive and Management 20,940 USD
Duty Manager Executive and Management 20,500 USD
Engagement Manager Executive and Management 27,040 USD
Executive Director Executive and Management 36,160 USD
Executive Manager Executive and Management 27,620 USD
Franchise Manager Executive and Management 28,860 USD
General Manager Executive and Management 29,040 USD
Global Master Data Manager Executive and Management 24,800 USD
Global Technical Lead Executive and Management 16,400 USD
Head of Investment Executive and Management 24,820 USD
Head of Middle Office Executive and Management 24,280 USD
Head of Projects Executive and Management 24,820 USD
Head of Strategy Executive and Management 28,820 USD
Head of Supply Chain Executive and Management 21,640 USD
Head of Sustainability Executive and Management 19,060 USD
Housing Manager Executive and Management 20,520 USD
HSE Manager Executive and Management 18,900 USD
Key Account Manager Executive and Management 19,480 USD
Knowledge Manager Executive and Management 23,500 USD
Location Manager Executive and Management 22,540 USD
Logistics Executive Executive and Management 17,860 USD
Logistics Manager Executive and Management 20,300 USD
Management Consultant Executive and Management 19,480 USD
Management Executive Executive and Management 25,940 USD
Manager Executive and Management 22,660 USD
Managing Director Executive and Management 28,900 USD
Ocean Services Manager Executive and Management 24,860 USD
Operational Manager Executive and Management 24,720 USD
Operations Analyst Executive and Management 21,540 USD
Operations Assistant Executive and Management 16,340 USD
Operations Director Executive and Management 24,860 USD
Operations Executive Executive and Management 28,820 USD
Operations Manager Executive and Management 26,100 USD
Operations Supervisor Executive and Management 23,380 USD
Planning Director Executive and Management 23,080 USD
PMO Manager Executive and Management 24,840 USD
Policy Administration Executive Executive and Management 18,940 USD
Private Sector Executive Executive and Management 19,940 USD
Product Development Manager Executive and Management 25,680 USD
Product Executive Executive and Management 19,980 USD
Production Executive Executive and Management 25,940 USD
Production Manager Executive and Management 22,400 USD
Production Supervisor Executive and Management 21,560 USD
Program Director Executive and Management 24,860 USD
Program Manager Executive and Management 25,940 USD
Programme Coordinator Executive and Management 17,560 USD
Project Control Manager Executive and Management 24,800 USD
Project Coordinator Executive and Management 15,580 USD
Project Management Officer Executive and Management 17,540 USD
Project Manager Executive and Management 17,860 USD
Project Portfolio Manager Executive and Management 20,500 USD
Quality Manager Executive and Management 16,980 USD
R/D Director Executive and Management 21,400 USD
Regional Director Executive and Management 34,980 USD
Regional Manager Executive and Management 23,140 USD
Relationship Manager Executive and Management 24,280 USD
Retail District Manager Executive and Management 17,620 USD
Revenue Manager Executive and Management 20,300 USD
Risk and Capital Manager Executive and Management 28,820 USD
Risk Officer Executive and Management 15,700 USD
Safety Manager Executive and Management 20,120 USD
Section Head Executive and Management 19,640 USD
Service Manager Executive and Management 17,760 USD
Shift Supervisor Executive and Management 14,200 USD
Solutions Manager Executive and Management 18,780 USD
Supervisor Executive and Management 17,260 USD
Supply Chain Manager Executive and Management 23,140 USD
Surveyor Executive and Management 15,920 USD
Technical Director Executive and Management 22,400 USD
Technical Manager Executive and Management 24,280 USD
Territory Manager Executive and Management 23,260 USD
Validation Manager Executive and Management 20,500 USD
Vice President Executive and Management 30,840 USD
Zone Manager Executive and Management 25,220 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 23,700 USD
Duran 23,660 USD
Guayaquil 26,660 USD
Machala 22,540 USD
Manta 21,560 USD
Portoviejo 19,980 USD
Quito 23,360 USD
Santo Domingo 27,020 USD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average MIS Executive Salary in Ecuador for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-mis-executive-salary-in-ecuador/.

  • "Average MIS Executive Salary in Ecuador for 2024". World Salaries, https://worldsalaries.com/average-mis-executive-salary-in-ecuador/. Accessed 28 March, 2024

  • Average MIS Executive Salary in Ecuador for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-mis-executive-salary-in-ecuador/.