Average Security Management Specialist Salary in Honduras for 2024

In this article, we will look at the average Security Management Specialist 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 Security Management Specialist Make in Honduras?

A Security Management Specialist working in Honduras will typically earn around 478,000 HNL per year, and this can range from the lowest average salary of about 218,900 HNL to the highest average salary of 761,400 HNL.

Average Annual Salary
478,000 HNL
Average Monthly Salary
39,833 HNL

Lowest Annual Salary
218,900 HNL
Lowest Monthly Salary
18,241 HNL

Highest Annual Salary
761,400 HNL
Highest Monthly Salary
63,450 HNL

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

Security Management Specialist 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 Security Management Specialist Salaries in Honduras

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

Salary ranges

We already know that a Security Management Specialist can earn between 218,900 HNL and 761,400 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 Security Management Specialist in Honduras is 518,300 HNL. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 518,300 HNL, and 50% of the population earn more than 518,300 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 Security Management Specialist salary in Honduras, 25% of the population are earning less than 332,500 HNL while 75% of the population earn more than 332,500 HNL.

75% of the population earn less than 692,500 HNL, and 25% of the population earn more than 692,500 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.

Security Management Specialist 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 security management specialist 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 Security Management Specialist in Honduras that has less than two years of experience can expect to earn somewhere in the region of 251,500 HNL.
  • 2 - 5 Years Experience. With two to five years of experience the average Security Management Specialist salary would increase to 332,100 HNL.
  • 5 - 10 Years Experience. From five to ten years of experience as a Security Management Specialist, the average salary would be 493,000 HNL.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 602,700 HNL.
  • 15 - 20 Years Experience. A Security Management Specialist with 15 to 20 years of experience can earn an average of 658,300 HNL.
  • 20+ Years Experience. For a Security Management Specialist with more than 20 years, the expected average salary increases to 710,500 HNL.

Average Salary by Experience Chart

0-2 Years
251,500 HNL
2-5 Years +34%
332,100 HNL
5-10 Years +48%
493,000 HNL
10-15 Years +22%
602,700 HNL
15-20 Years +9%
658,300 HNL
20+ Years +8%
710,500 HNL

Security Management Specialist 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 Security Management Specialist in Honduras 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 Security Management Specialist in Honduras with a certificate or diploma education can earn an average salary of 288,700 HNL.

  • Bachelor's Degree. A Security Management Specialist in Honduras with a bachelor's degree education can earn an average salary of 562,200 HNL.

Average Salary by Education Chart

Certificate or Diploma
288,700 HNL
Bachelor's Degree +93%
562,200 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.

Security Management Specialist 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 security management specialist will earn an average of 513,300 HNL, while a female security management specialist will earn around 447,300 HNL.

This means that a male security management specialist earns approximately 15% more than a female security management specialist for performing the same job.

Average Salary by Gender Chart in Honduras

Male
513,300 HNL
Female -15%
447,300 HNL

Security Management Specialist 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 Security Management Specialist in Honduras is around 7% every 31 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 = ( 7 ÷ 31 ) × 12  = 3%

What this means is that a Security Management Specialist 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%

Security Management Specialist 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 Security Management Specialist is a low bonus based job, with 17% of employees reporting at least one bonus in the last 12 months.

83% 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
17%
No Bonus
83%

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 Security Management Specialist

In the table below, we have salary information for jobs that are similar to a Security Management Specialist in Honduras.

Job Title Category Salary
Accreditation Coordinator Law Enforcement / Security / Fire 279,400 HNL
Accreditation Manager Law Enforcement / Security / Fire 392,300 HNL
Advocate Law Enforcement / Security / Fire 245,300 HNL
Armed Security Officer Law Enforcement / Security / Fire 221,500 HNL
Company Guard Law Enforcement / Security / Fire 117,860 HNL
Control Room Operator Law Enforcement / Security / Fire 97,460 HNL
Correctional Officer Law Enforcement / Security / Fire 187,300 HNL
Criminal Investigator Law Enforcement / Security / Fire 371,100 HNL
Facility Monitor Law Enforcement / Security / Fire 192,600 HNL
Fire Chief Law Enforcement / Security / Fire 367,900 HNL
Fire Dispatcher Law Enforcement / Security / Fire 180,300 HNL
Fire Education Specialist Law Enforcement / Security / Fire 307,400 HNL
Fire Extinguisher Technician Law Enforcement / Security / Fire 106,740 HNL
Fire Fighter Law Enforcement / Security / Fire 176,800 HNL
Fire Inspector Law Enforcement / Security / Fire 315,900 HNL
Fire Investigator Law Enforcement / Security / Fire 313,700 HNL
Fire Prevention Engineer Law Enforcement / Security / Fire 296,000 HNL
Fire Prevention Officer Law Enforcement / Security / Fire 249,600 HNL
Fire Protection Specialist Law Enforcement / Security / Fire 297,000 HNL
Forensic Investigator Law Enforcement / Security / Fire 317,700 HNL
Forensic Science Technician Law Enforcement / Security / Fire 330,700 HNL
Fraud and Forensic Specialist Law Enforcement / Security / Fire 344,600 HNL
Fraud Examiner Law Enforcement / Security / Fire 353,600 HNL
Grants Specialist Law Enforcement / Security / Fire 424,900 HNL
Intellectual Property Associate Law Enforcement / Security / Fire 311,700 HNL
Intelligence Research Specialist Law Enforcement / Security / Fire 516,100 HNL
Investigator Law Enforcement / Security / Fire 325,600 HNL
Jail Officer Law Enforcement / Security / Fire 137,400 HNL
Juvenile Probation Officer Law Enforcement / Security / Fire 232,400 HNL
Juvenile Supervision Officer Law Enforcement / Security / Fire 232,900 HNL
Lock-Smith Law Enforcement / Security / Fire 101,920 HNL
Parole Officer Law Enforcement / Security / Fire 181,600 HNL
Police Captain Law Enforcement / Security / Fire 424,900 HNL
Police Communications Officer Law Enforcement / Security / Fire 251,500 HNL
Police Officer Law Enforcement / Security / Fire 197,600 HNL
Police Patrol Officer Law Enforcement / Security / Fire 175,900 HNL
Prison Officer Law Enforcement / Security / Fire 148,300 HNL
Prisoner Custody Officer Law Enforcement / Security / Fire 128,500 HNL
Private Detective / Investigator Law Enforcement / Security / Fire 353,600 HNL
Security Adviser Law Enforcement / Security / Fire 341,900 HNL
Security Guard Law Enforcement / Security / Fire 95,980 HNL
Security Manager Law Enforcement / Security / Fire 487,600 HNL
Security Officer Law Enforcement / Security / Fire 112,180 HNL
Security Supervisor Law Enforcement / Security / Fire 272,800 HNL
Security Systems Installer Law Enforcement / Security / Fire 257,700 HNL
Security Technician Law Enforcement / Security / Fire 111,240 HNL
Surveillance Operator Law Enforcement / Security / Fire 136,200 HNL
Traffic Controller Law Enforcement / Security / Fire 192,600 HNL

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