Average Shopping Center Manager Salary in Argentina for 2024

In this article, we will look at the average Shopping Center Manager salary for 2024 in Argentina 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 Argentine peso. To keep things simple, we are using the ARS currency code instead of the currency symbol $.

How Much Does a Shopping Center Manager Make in Argentina?

A Shopping Center Manager working in Argentina will typically earn around 988,600 ARS per year, and this can range from the lowest average salary of about 533,000 ARS to the highest average salary of 1,487,200 ARS.

Average Annual Salary
988,600 ARS
Average Monthly Salary
82,383 ARS

Lowest Annual Salary
533,000 ARS
Lowest Monthly Salary
44,416 ARS

Highest Annual Salary
1,487,200 ARS
Highest Monthly Salary
123,933 ARS

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

Shopping Center Manager 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 Shopping Center Manager Salaries in Argentina

So we've looked at the average salaries a Shopping Center Manager will earn in Argentina. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Shopping Center Manager can earn between 533,000 ARS and 1,487,200 ARS on average in Argentina. 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 Shopping Center Manager in Argentina is 907,100 ARS. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 907,100 ARS, and 50% of the population earn more than 907,100 ARS.

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 Shopping Center Manager salary in Argentina, 25% of the population are earning less than 650,800 ARS while 75% of the population earn more than 650,800 ARS.

75% of the population earn less than 1,102,100 ARS, and 25% of the population earn more than 1,102,100 ARS.

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.

Shopping Center Manager Salary by Experience Level in Argentina

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 shopping center manager 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 Shopping Center Manager in Argentina that has less than two years of experience can expect to earn somewhere in the region of 619,000 ARS.
  • 2 - 5 Years Experience. With two to five years of experience the average Shopping Center Manager salary would increase to 781,200 ARS.
  • 5 - 10 Years Experience. From five to ten years of experience as a Shopping Center Manager, the average salary would be 1,031,200 ARS.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 1,212,800 ARS.
  • 15 - 20 Years Experience. A Shopping Center Manager with 15 to 20 years of experience can earn an average of 1,345,400 ARS.
  • 20+ Years Experience. For a Shopping Center Manager with more than 20 years, the expected average salary increases to 1,428,800 ARS.

Average Salary by Experience Chart

0-2 Years
619,000 ARS
2-5 Years +26%
781,200 ARS
5-10 Years +32%
1,031,200 ARS
10-15 Years +18%
1,212,800 ARS
15-20 Years +11%
1,345,400 ARS
20+ Years +6%
1,428,800 ARS

Shopping Center Manager Salary by Education Level in Argentina

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 Shopping Center Manager in Argentina 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 Shopping Center Manager in Argentina with a high school education can earn an average salary of 752,600 ARS.

  • Certificate or Diploma. A Shopping Center Manager in Argentina with a certificate or diploma education can earn an average salary of 851,200 ARS.

  • Bachelor's Degree. A Shopping Center Manager in Argentina with a bachelor's degree education can earn an average salary of 1,117,800 ARS.

  • Master's Degree. A Shopping Center Manager in Argentina with a master's degree education can earn an average salary of 1,391,600 ARS.

Average Salary by Education Chart

High School
752,600 ARS
Certificate or Diploma +13%
851,200 ARS
Bachelor's Degree +32%
1,117,800 ARS
Master's Degree +24%
1,391,600 ARS

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 Argentina is around 226,000 to 677,000 ARS 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.

Shopping Center Manager 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 Argentina, a male shopping center manager will earn an average of 1,011,300 ARS, while a female shopping center manager will earn around 957,800 ARS.

This means that a male shopping center manager earns approximately 6% more than a female shopping center manager for performing the same job.

Average Salary by Gender Chart in Argentina

Male
1,011,300 ARS
Female -6%
957,800 ARS

Shopping Center Manager Average Pay Raise in Argentina

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 Shopping Center Manager in Argentina is around 13% every 19 months.

The national average pay raise across all professions and industries in Argentina is around 9% every 17 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 = ( 13 ÷ 19 ) × 12  = 8%

What this means is that a Shopping Center Manager in Argentina can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Argentina for 2024

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

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

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Shopping Center Manager Bonus and Incentive Rates in Argentina

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 Shopping Center Manager is a high bonus based job, with 76% of employees reporting at least one bonus in the last 12 months.

24% 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 6% to 7%.

Received Bonus
76%
No Bonus
24%

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 Argentina earn approximately 6% more than private sector employees in the same role.

Public Sector
556,000 ARS
Private Sector -6%
524,400 ARS

Salaries for Jobs Similar to a Shopping Center Manager

In the table below, we have salary information for jobs that are similar to a Shopping Center Manager in Argentina.

Job Title Category Salary
Acquisition Associate Real Estate 472,000 ARS
Assistant Leasing Manager Real Estate 614,600 ARS
Assistant Property Manager Real Estate 592,600 ARS
Brokerage Real Estate 453,200 ARS
Brokerage Clerk Real Estate 237,400 ARS
Commercial Leasing Manager Real Estate 945,400 ARS
Commercial Real Estate Manager Real Estate 1,006,300 ARS
Community Development Manager Real Estate 889,400 ARS
Compliance Specialist Real Estate 464,400 ARS
Development Coordinator Real Estate 467,700 ARS
Director of Real Estate Real Estate 1,030,200 ARS
Lease Administrator Real Estate 592,600 ARS
Leasing Agent Real Estate 489,500 ARS
Leasing Consultant Real Estate 589,400 ARS
Leasing Manager Real Estate 625,000 ARS
Lettings Assistant Real Estate 227,600 ARS
Portfolio Analyst Real Estate 807,900 ARS
Portfolio Manager Real Estate 1,112,300 ARS
Property Acquisition Agent Real Estate 424,900 ARS
Property and Claims Specialist Real Estate 585,900 ARS
Property Manager Real Estate 707,600 ARS
Property Operations Manager Real Estate 958,700 ARS
Property Tax Assistant Real Estate 483,800 ARS
Real Estate Administrator Real Estate 524,300 ARS
Real Estate Agent Real Estate 471,700 ARS
Real Estate Analyst Real Estate 592,600 ARS
Real Estate Appraiser Real Estate 483,800 ARS
Real Estate Appraiser Real Estate 489,600 ARS
Real Estate Appraiser Real Estate 514,300 ARS
Real Estate Assistant Real Estate 437,300 ARS
Real Estate Association Manager Real Estate 633,100 ARS
Real Estate Broker Real Estate 448,500 ARS
Real Estate General Manager Real Estate 993,600 ARS
Real Estate Project Director Real Estate 932,000 ARS
Real Estate Project Manager Real Estate 847,000 ARS
Real Estate Sales Agent Real Estate 485,300 ARS
Real Estate Valuer Real Estate 514,300 ARS
Research Analyst Real Estate 426,700 ARS
Residential Advisor Real Estate 547,800 ARS
Residential Property Manager Real Estate 664,500 ARS
Town Planner Real Estate 966,100 ARS

Salary Comparison by City

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

City Average Salary
Avellaneda 985,700 ARS
Bahia Blanca 976,300 ARS
Buenos Aires 1,070,600 ARS
Cordoba 1,095,900 ARS
Corrientes 1,023,000 ARS
La Plata 1,074,200 ARS
Lanus 991,100 ARS
Mar del Plata 1,028,300 ARS
Mendoza 915,100 ARS
Neuquen 1,015,500 ARS
Quilmes 972,200 ARS
Resistencia 1,004,400 ARS
Rosario 1,122,900 ARS
Salta 1,043,700 ARS
San Juan 903,500 ARS
San Miguel de Tucuman 1,088,600 ARS
Santa Fe 1,069,900 ARS
Santiago del Estero 958,700 ARS

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