Average Product Planner Salary in Mexico for 2024

In this article, we will look at the average Product Planner 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 Product Planner Make in Mexico?

A Product Planner working in Mexico will typically earn around 322,600 MXN per year, and this can range from the lowest average salary of about 163,800 MXN to the highest average salary of 499,300 MXN.

Average Annual Salary
322,600 MXN
Average Monthly Salary
26,883 MXN

Lowest Annual Salary
163,800 MXN
Lowest Monthly Salary
13,650 MXN

Highest Annual Salary
499,300 MXN
Highest Monthly Salary
41,608 MXN

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

Product 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 Product Planner Salaries in Mexico

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

Salary ranges

We already know that a Product Planner can earn between 163,800 MXN and 499,300 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 Product Planner in Mexico is 315,900 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 315,900 MXN, and 50% of the population earn more than 315,900 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 Product Planner salary in Mexico, 25% of the population are earning less than 216,800 MXN while 75% of the population earn more than 216,800 MXN.

75% of the population earn less than 398,300 MXN, and 25% of the population earn more than 398,300 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.

Product Planner 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 product 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 Product Planner in Mexico that has less than two years of experience can expect to earn somewhere in the region of 185,100 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Product Planner salary would increase to 239,300 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Product Planner, the average salary would be 339,100 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 404,600 MXN.
  • 15 - 20 Years Experience. A Product Planner with 15 to 20 years of experience can earn an average of 442,200 MXN.
  • 20+ Years Experience. For a Product Planner with more than 20 years, the expected average salary increases to 478,100 MXN.

Average Salary by Experience Chart

0-2 Years
185,100 MXN
2-5 Years +31%
239,300 MXN
5-10 Years +40%
339,100 MXN
10-15 Years +20%
404,600 MXN
15-20 Years +9%
442,200 MXN
20+ Years +8%
478,100 MXN

Product Planner 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 Product Planner 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 Product Planner in Mexico with a high school education can earn an average salary of 218,900 MXN.

  • Certificate or Diploma. A Product Planner in Mexico with a certificate or diploma education can earn an average salary of 254,700 MXN.

  • Bachelor's Degree. A Product Planner in Mexico with a bachelor's degree education can earn an average salary of 357,700 MXN.

  • Master's Degree. A Product Planner in Mexico with a master's degree education can earn an average salary of 460,500 MXN.

Average Salary by Education Chart

High School
218,900 MXN
Certificate or Diploma +15%
254,700 MXN
Bachelor's Degree +41%
357,700 MXN
Master's Degree +29%
460,500 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.

Product 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 Mexico, a male product planner will earn an average of 344,600 MXN, while a female product planner will earn around 301,600 MXN.

This means that a male product planner earns approximately 14% more than a female product planner for performing the same job.

Average Salary by Gender Chart in Mexico

Male
344,600 MXN
Female -14%
301,600 MXN

Product Planner 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 Product Planner in Mexico is around 11% 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 = ( 11 ÷ 18 ) × 12  = 7%

What this means is that a Product Planner in Mexico can expect to receive an average pay raise of around 7% 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%

Product Planner 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 Product Planner is a moderate bonus based job, with 53% of employees reporting at least one bonus in the last 12 months.

47% 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 3% to 6%.

Received Bonus
53%
No Bonus
47%

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 Product Planner

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

Job Title Category Salary
3D Artist Media / Broadcasting / Arts / Entertainment 354,000 MXN
3D Designer Media / Broadcasting / Arts / Entertainment 325,600 MXN
3D Generalist Media / Broadcasting / Arts / Entertainment 283,700 MXN
3D Visualization Specialist Media / Broadcasting / Arts / Entertainment 369,300 MXN
Acrobatic Rigger Media / Broadcasting / Arts / Entertainment 239,000 MXN
Actor Media / Broadcasting / Arts / Entertainment 493,000 MXN
Art Administrator Media / Broadcasting / Arts / Entertainment 367,200 MXN
Art Director Media / Broadcasting / Arts / Entertainment 459,700 MXN
Art Lead Media / Broadcasting / Arts / Entertainment 457,300 MXN
Associate Media Director Media / Broadcasting / Arts / Entertainment 403,100 MXN
Associate Producer Media / Broadcasting / Arts / Entertainment 496,100 MXN
Broadcast and Sound Engineer Media / Broadcasting / Arts / Entertainment 307,400 MXN
Broadcast Associate Media / Broadcasting / Arts / Entertainment 263,900 MXN
Broadcast News Analyst Media / Broadcasting / Arts / Entertainment 385,300 MXN
Broadcast Technician Media / Broadcasting / Arts / Entertainment 221,500 MXN
Broadcasting Journalist Media / Broadcasting / Arts / Entertainment 444,300 MXN
Broadcasting Presenter Media / Broadcasting / Arts / Entertainment 489,500 MXN
Camera Equipment Repairer Media / Broadcasting / Arts / Entertainment 258,400 MXN
Camera Operator Media / Broadcasting / Arts / Entertainment 231,000 MXN
Cartoonist / Animator Media / Broadcasting / Arts / Entertainment 361,600 MXN
CAS Engineer Media / Broadcasting / Arts / Entertainment 384,200 MXN
Censorship Executive Media / Broadcasting / Arts / Entertainment 430,000 MXN
Choreographer Media / Broadcasting / Arts / Entertainment 311,700 MXN
Colorist Media / Broadcasting / Arts / Entertainment 189,300 MXN
Communications Manager Media / Broadcasting / Arts / Entertainment 551,200 MXN
Correspondent Media / Broadcasting / Arts / Entertainment 394,800 MXN
Dance Director Media / Broadcasting / Arts / Entertainment 372,600 MXN
Dancer Media / Broadcasting / Arts / Entertainment 311,700 MXN
Director of Photography Media / Broadcasting / Arts / Entertainment 394,500 MXN
Disc Jockey Media / Broadcasting / Arts / Entertainment 237,400 MXN
Editorial Assistant Media / Broadcasting / Arts / Entertainment 201,100 MXN
Events Manager Media / Broadcasting / Arts / Entertainment 378,300 MXN
Graphic Designer Media / Broadcasting / Arts / Entertainment 261,300 MXN
Illustrator Media / Broadcasting / Arts / Entertainment 275,500 MXN
Industrial Designer Media / Broadcasting / Arts / Entertainment 237,400 MXN
Instructional Designer Media / Broadcasting / Arts / Entertainment 245,300 MXN
Journalist Media / Broadcasting / Arts / Entertainment 455,400 MXN
Makeup Artist Media / Broadcasting / Arts / Entertainment 258,400 MXN
Media Design Manager Media / Broadcasting / Arts / Entertainment 615,300 MXN
Media Equipment Operator Media / Broadcasting / Arts / Entertainment 209,700 MXN
Media Operations Manager Media / Broadcasting / Arts / Entertainment 518,900 MXN
Media Planner Media / Broadcasting / Arts / Entertainment 335,100 MXN
Media Producer Media / Broadcasting / Arts / Entertainment 472,000 MXN
Media Product Development Manager Media / Broadcasting / Arts / Entertainment 602,700 MXN
Media Production Manager Media / Broadcasting / Arts / Entertainment 610,100 MXN
Media Program Director Media / Broadcasting / Arts / Entertainment 714,300 MXN
Media Relation Executive Media / Broadcasting / Arts / Entertainment 658,300 MXN
Media Relations Manager Media / Broadcasting / Arts / Entertainment 632,400 MXN
Media Sales Manager Media / Broadcasting / Arts / Entertainment 681,500 MXN
Movement and Dance Coordinator Media / Broadcasting / Arts / Entertainment 362,200 MXN
Multimedia Coordinator Media / Broadcasting / Arts / Entertainment 254,800 MXN
Multimedia Designer Media / Broadcasting / Arts / Entertainment 239,000 MXN
Music Consultant Media / Broadcasting / Arts / Entertainment 341,900 MXN
Musician Media / Broadcasting / Arts / Entertainment 272,800 MXN
News Associate Media / Broadcasting / Arts / Entertainment 332,500 MXN
News Reporter Media / Broadcasting / Arts / Entertainment 457,300 MXN
Post Production Assistant Media / Broadcasting / Arts / Entertainment 215,100 MXN
Producer Media / Broadcasting / Arts / Entertainment 587,800 MXN
Product Designer Media / Broadcasting / Arts / Entertainment 233,900 MXN
Production Artist Media / Broadcasting / Arts / Entertainment 327,300 MXN
Production Assistant Media / Broadcasting / Arts / Entertainment 225,300 MXN
Production Director Media / Broadcasting / Arts / Entertainment 538,600 MXN
Production Technician Media / Broadcasting / Arts / Entertainment 208,600 MXN
Program Researcher Media / Broadcasting / Arts / Entertainment 407,100 MXN
Promotion Coordinator Media / Broadcasting / Arts / Entertainment 309,800 MXN
Sound Engineer Media / Broadcasting / Arts / Entertainment 327,300 MXN
Sound Engineering Technician Media / Broadcasting / Arts / Entertainment 194,600 MXN
Stage Technician Media / Broadcasting / Arts / Entertainment 195,200 MXN
Sub Editor Media / Broadcasting / Arts / Entertainment 239,000 MXN
Television Executive Producer Media / Broadcasting / Arts / Entertainment 695,200 MXN
Transmission Engineer Media / Broadcasting / Arts / Entertainment 351,200 MXN
Video Editor Media / Broadcasting / Arts / Entertainment 268,900 MXN
Video Producer Media / Broadcasting / Arts / Entertainment 371,100 MXN
Videographer Media / Broadcasting / Arts / Entertainment 344,600 MXN
Visual Designer Media / Broadcasting / Arts / Entertainment 330,700 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 404,600 MXN
Acuna 309,800 MXN
Aguascalientes 417,100 MXN
Boca del Rio 286,400 MXN
Buenavista 317,700 MXN
Campeche 311,700 MXN
Cancun 378,300 MXN
Celaya 362,200 MXN
Chalco 299,500 MXN
Chetumal 281,500 MXN
Chicoloapan 307,400 MXN
Chihuahua 398,300 MXN
Chilpancingo 309,800 MXN
Chimalhuacan 403,100 MXN
Cholula de Rivadabia 301,300 MXN
Ciudad Apodaca 361,600 MXN
Ciudad del Carmen 301,700 MXN
Ciudad Juarez 294,700 MXN
Ciudad Lopez Mateos 377,200 MXN
Ciudad Obregon 359,900 MXN
Ciudad Santa Catarina 320,500 MXN
Ciudad Valles 275,200 MXN
Ciudad Victoria 330,700 MXN
Coacalco 335,800 MXN
Coatzacoalcos 318,800 MXN
Colima 263,200 MXN
Cordoba 263,900 MXN
Cuautitlan Izcalli 359,900 MXN
Cuautla 267,100 MXN
Cuernavaca 341,400 MXN
Culiacan 396,300 MXN
Delicias 261,300 MXN
Durango 359,900 MXN
Ecatepec de Morelos 442,200 MXN
Ensenada 332,100 MXN
Fresnillo 259,100 MXN
General Escobedo 335,800 MXN
Gomez Palacio 325,800 MXN
Guadalajara 425,100 MXN
Guadalupe 399,900 MXN
Guaymas 263,100 MXN
Hermosillo 394,800 MXN
Hidalgo del Parral 253,400 MXN
Iguala 272,800 MXN
Irapuato 375,200 MXN
Ixtapaluca 351,900 MXN
Jiutepec 282,500 MXN
La Paz 325,800 MXN
Leon 407,300 MXN
Los Mochis 344,600 MXN
Los Reyes la Paz 318,800 MXN
Manzanillo 259,100 MXN
Matamoros 367,900 MXN
Mazatlan 353,600 MXN
Merida 383,300 MXN
Metepec 307,400 MXN
Mexicali 399,900 MXN
Mexico City 411,400 MXN
Minatitlan 257,700 MXN
Monclova 301,800 MXN
Monterrey 417,200 MXN
Morelia 384,500 MXN
Naucalpan 407,100 MXN
Navojoa 239,300 MXN
Nezahualcoyotl 390,000 MXN
Nogales 292,000 MXN
Nuevo Laredo 345,100 MXN
Oaxaca 335,100 MXN
Ojo de Agua 308,900 MXN
Orizaba 245,300 MXN
Pachuca 327,300 MXN
Piedras Negras 265,000 MXN
Playa del Carmen 272,800 MXN
Poza Rica 286,400 MXN
Puebla 415,900 MXN
Puerto Vallarta 307,400 MXN
Queretaro 367,900 MXN
Reynosa 385,300 MXN
Salamanca 288,100 MXN
Saltillo 384,200 MXN
San Cristobal de las Casas 290,800 MXN
San Juan del Rio 263,900 MXN
San Luis Potosi 394,800 MXN
San Luis Rio Colorado 294,700 MXN
San Nicolas de los Garza 378,800 MXN
San Pablo de las Salinas 301,600 MXN
San Pedro Garza Garcia 257,700 MXN
Soledad de Graciano Sanchez 325,900 MXN
Tampico 341,400 MXN
Tapachula 296,000 MXN
Tehuacan 330,700 MXN
Tepic 340,400 MXN
Tijuana 399,900 MXN
Tlalnepantla de Baz 377,200 MXN
Tlaquepaque 378,800 MXN
Toluca 365,400 MXN
Tonala 367,900 MXN
Torreon 392,300 MXN
Tuxtla Gutierrez 371,100 MXN
Uruapan 311,700 MXN
Veracruz 372,600 MXN
Villa Nicolas Romero 335,800 MXN
Villahermosa 357,700 MXN
Xalapa 381,800 MXN
Xico 335,800 MXN
Zacatecas 273,300 MXN
Zamora de Hidalgo 275,200 MXN
Zapopan 424,900 MXN

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