ProceduresGovernment

Coordinators and Area Managers in Financial, Administrative and Social Services

Group (15) - 2024-Q2

  • 410k, Workforce
  • $11.3k MX, Average monthly salary
  • 42.3, Average age
  • 43.3, Weekly hours worked
  • 5, Weekly days worked
  • 6.8%, Workforce with second job
  • 8.1%, Informal Workforce
  • 15.4, Average years of Schooling

About Coordinators and Area Managers in Financial, Administrative and Social Services

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The workforce of Coordinators and Area Managers in Financial, Administrative and Social Services during second quarter of 2024 was 410k people, whose salary averaged $11.3k MX working around 43.3 hours per week.

The average age of Coordinators and Area Managers in Financial, Administrative and Social Services was 42.3 years. The workforce was distributed in 56% men with an average salary of $10.9k MX and, 44% women with average salary of $11.7k MX.

The best average salaries received by Coordinators and Area Managers in Financial, Administrative and Social Services were in Baja California Sur ($19.2k MX), Nuevo León ($16.7k MX), and Campeche ($16.6k MX) while the workforce was larger in Ciudad de México (80.9k), Estado de México (67.9k), and Nuevo León (29.6k).

In terms of industries, the best average salaries were in Waste Collection ($32.3k MX), Accounting, Auditing and Related Services ($29.1k MX), and Multiple Banking ($20.2k MX), while the workforce was concentrated on General Public Administration (18.1%), Regulation and Promotion of Economic Developmen (10.2%), and Regulation and Promotion of Economic Development (10.2%).

68.2% of the total informal workers correspond to women with an average salary of $10.6k MX and 31.8% to men with an average salary of $8.06k MX.

At the level of states, Tlaxcala had the highest percentage of informal workers with 73.8% corresponding to 4.61k from 6.24k workers, while the state with the lowest percentage of informal workers was Baja California Sur with a 0.69% corresponding to 21 from 3.06k workers.

Workforce and Salaries Evolution

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  • 410k, Workforce 2024-Q2
  • $11.3k MX, Average monthly salary 2024-Q2

At second quarter of 2024, the people who worked as Coordinators and Area Managers in Financial, Administrative and Social Services were 410k being a 0.48% lower than the first quarter of 2024. (412k).

In the same period, an average salary of $11.3k MX was observed, registering an increase of 1.55%, compared to the first quarter of 2024 ($11.1k MX).

Workforce by State

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The states with the highest number of Coordinators and Area Managers in Financial, Administrative and Social Services during the second quarter of 2024 were Ciudad de México (80.9k), Estado de México (67.9k), and Nuevo León (29.6k)

Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Estado de México and Jalisco with an increase of 14.5k (27%) and 7.38k (46.5%), respectively. On the other hand, the negative variations were accentuated in Chiapas and San Luis Potosí with a decrease of 8.67k (60.9%) and 6.18k (49.5%), respectively.

Salaries by State

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The states with the best average salaries for Coordinators and Area Managers in Financial, Administrative and Social Services during second quarter of 2024 were Baja California Sur ($19.2k MX), Nuevo León ($16.7k MX), and Campeche ($16.6k MX)

Average Salary and Workforce by Sex and Age

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Average Age 2024-Q2

  • 41.9, Women
  • 42.7, Men

At second quarter of 2024, the male workforce in Coordinators and Area Managers in Financial, Administrative and Social Services represented the 56% of the employed population and women 44%. The male and female workforce was higher in the age group 35 to 44 years (75.3k men and 67.6k women).

The highest average salary was $13.3k MX received by men from 55 to 64 years, while the lowest average salary was $8.19k MX received by women from 25 to 34 years.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Average Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2024-Q2)

  • 15.6, Women
  • 15.3, Men

During the second quarter of 2024, male and female workforce in Coordinators and Area Managers in Financial, Administrative and Social Services was concentrated in the educational segment with 16 to 18 years of schooling (152k men and 124k women).

The highest average salary was $12.8k MX received by women with 16 to 18 years of schooling, while the lowest average salary was $5.73k MX received by men with 13 to 15 years of schooling.

* The data regarding salaries have low statistical precision so it should not be used as conclusions.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Coordinators and Area Managers in Financial, Administrative and Social Services in different industries and economic sectors.

At second quarter of 2024, the workforce was higher in General Public Administration (18.1%), Regulation and Promotion of Economic Developmen (10.2%), and Regulation and Promotion of Economic Development (10.2%).

In the same period, the best average salaries were received in Waste Collection ($32.3k MX), Accounting, Auditing and Related Services ($29.1k MX), and Multiple Banking ($20.2k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q2

  • 8.1%, Coordinators and Area Managers in Financial, Administrative and Social Services
  • 54.3%, Average Informality in Mexico

During the second quarter of 2024, the labor informality of Coordinators and Area Managers in Financial, Administrative and Social Services reached a 8.1%, which implied a decrease from 0.24 percentage points compared to the first quarter of 2024  (8.34%).

The labor informality of this occupation was lower than informality at the country level in 46.2 percentage points during the second quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 73.8%, Tlaxcala

Less Labor Informality: 0.69 %, Baja California Sur

At second quarter of 2024, the states with the highest rate of labor informality in Coordinators and Area Managers in Financial, Administrative and Social Services were Tlaxcala (73.8%), Durango (24.1%), and Chiapas (22.2%).

The states with the lowest informality rate were Sinaloa (1%), Estado de México (0.8%), and Baja California Sur (0.69%).

Labor Informality by Age and Education

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Workforce

The workforce of Coordinators and Area Managers in Financial, Administrative and Social Services during the second quarter of 2024 was higher in the age group with 35 to 44 years concentrating 143k workers of which 88.8% corresponds to formal employment (127k) and 11.2% to informal employment (16k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 276k workers of which 91.6%  corresponds to formal employment (253k) and 8.41% corresponds to informal employment (23.2k).