Occupation (1512) - 2024-Q2
The workforce of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during second quarter of 2024 was 42.1k people, whose salary averaged $11.6k MX working around 45.3 hours per week.
The average age of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance was 40.9 years. The workforce was distributed in 47.4% men with an average salary of $11.4k MX and, 52.6% women with average salary of $11.9k MX.
The best average salaries received by Coordinators and Department Heads in Accounting, Financial, Banking and Insurance were in Baja California Sur ($30.9k MX), Durango ($27.2k MX), and Sinaloa ($18.4k MX) while the workforce was larger in Estado de México (12.8k), Ciudad de México (7.48k), and Nuevo León (2.61k).
In terms of industries, the best average salaries were in Business Administration Services ($23.6k MX), Multiple Banking ($20.2k MX), and Accounting, Auditing and Related Services ($20k MX), while the workforce was concentrated on Multiple Banking (10.8k), Legal Services (8.97k), and General Public Administration (9%).
61.3% of the total informal workers correspond to women with an average salary of $662 MX and 38.7% to men with an average salary of $21k MX.
At the level of states, San Luis Potosí had the highest percentage of informal workers with 19.9% corresponding to 196 from 987 workers, while the state with the lowest percentage of informal workers was Chihuahua with a 8.65% corresponding to 185 from 2.14k workers.
At second quarter of 2024, the people who worked as Coordinators and Department Heads in Accounting, Financial, Banking and Insurance were 42.1k being a 5.02% higher than the first quarter of 2024. (40.1k).
In the same period, an average salary of $11.6k MX was observed, registering an increase of 13.9%, compared to the first quarter of 2024 ($10.2k MX).
The states with the highest number of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during the second quarter of 2024 were Estado de México (12.8k), Ciudad de México (7.48k), and Nuevo León (2.61k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Estado de México and Tabasco with an increase of 7.3k (134%) and 955 (682%), respectively. On the other hand, the negative variations were accentuated in Ciudad de México and Veracruz de Ignacio de la Llave with a decrease of 2.17k (22.5%) and 1.67k (67%), respectively.
The states with the best average salaries for Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during second quarter of 2024 were Baja California Sur ($30.9k MX), Durango ($27.2k MX), and Sinaloa ($18.4k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Durango and Baja California Sur with an increase of $24k MX (742%) and $15.4k MX (99.1%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Michoacán de Ocampo and Aguascalientes with a decrease of $23k MX (66%) and $16.1k MX (100%), respectively.
Average Schooling in Years (2024-Q2)
During the second quarter of 2024, male and female workforce in Coordinators and Department Heads in Accounting, Financial, Banking and Insurance was concentrated in the educational segment with 16 to 18 years of schooling (17.7k men and 12.4k women).
The highest average salary was $11k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $10.3k MX received by women with 16 to 18 years of schooling.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
The visualization shows the distribution of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Multiple Banking (21.9%), Legal Services (18.2%), and General Public Administration (9%).
In the same period, the best average salaries were received in Business Administration Services ($23.6k MX), Multiple Banking ($20.2k MX), and Accounting, Auditing and Related Services ($20k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance reached a 1.73%, which implied a decrease from 2.34 percentage points compared to the first quarter of 2024 (4.07%).
The labor informality of this occupation was lower than informality at the country level in 52.5 percentage points during the second quarter of 2024.
Greater Labor Informality: 19.9%, San Luis Potosí
Less Labor Informality: 8.65 %, Chihuahua
At second quarter of 2024, the states with the highest rate of labor informality in Coordinators and Department Heads in Accounting, Financial, Banking and Insurance were San Luis Potosí (19.9%), Tamaulipas (16.7%), and Colima (13.7%).
The states with the lowest informality rate were Sinaloa (9.93%), Veracruz de Ignacio de la Llave (9.84%), and Chihuahua (8.65%).
The workforce of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during the second quarter of 2024 was higher in the age group with 35 to 44 years concentrating 17.6k workers of which 99% corresponds to formal employment (17.4k) and 1.01% to informal employment (178).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 30.1k workers of which 98.1% corresponds to formal employment (29.6k) and 1.85% corresponds to informal employment (559).