ProceduresGovernment

Coordinators and Area Managers in Financial and Administrative Services

Subgroup (151) - 2024-Q3

  • 279k, Workforce
  • $12.6k MX, Average monthly salary
  • 40.4, Average age
  • 43.3, Weekly hours worked
  • 5.07, Weekly days worked
  • 2.85%, Workforce with second job
  • 6.72%, Informal Workforce
  • 15.1, Average years of Schooling

About Coordinators and Area Managers in Financial and Administrative Services

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The workforce of Coordinators and Area Managers in Financial and Administrative Services during third quarter of 2024 was 279k people, whose salary averaged $12.6k MX working around 43.3 hours per week.

The average age of Coordinators and Area Managers in Financial and Administrative Services was 40.4 years. The workforce was distributed in 55% men with an average salary of $15k MX and, 45% women with average salary of $9.66k MX.

The best average salaries received by Coordinators and Area Managers in Financial and Administrative Services were in Baja California Sur ($19.6k MX), Sinaloa ($18.3k MX), and Nuevo León ($16.5k MX) while the workforce was larger in Ciudad de México (71.2k), Estado de México (33.8k), and Jalisco (20.7k).

In terms of industries, the best average salaries were in Electric Power Generation, Transmission, Distribution and Commercialization ($132k MX), Employment Services ($43.2k MX), and Services Related to Mining ($32k MX), while the workforce was concentrated on General Public Administration (13.5%), Legal Services (37k), and Regulation and Promotion of Economic Developmen (9.26%).

39% of the total informal workers correspond to women with an average salary of $4.72k MX and 61% to men with an average salary of $7.84k MX.

At the level of states, Tlaxcala had the highest percentage of informal workers with 22.7% corresponding to 412 from 1.81k workers, while the state with the lowest percentage of informal workers was Chihuahua with a 1.19% corresponding to 133 from 11.2k workers.

Workforce and Salaries Evolution

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  • 279k, Workforce 2024-Q3
  • $12.6k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Coordinators and Area Managers in Financial and Administrative Services were 279k being a 9.76% higher than the second quarter of 2024. (254k).

In the same period, an average salary of $12.6k MX was observed, registering an increase of 19.6%, compared to the second quarter of 2024 ($10.5k MX).

Workforce by State

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The states with the highest number of Coordinators and Area Managers in Financial and Administrative Services during the third quarter of 2024 were Ciudad de México (71.2k), Estado de México (33.8k), and Jalisco (20.7k)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Ciudad de México and Jalisco with an increase of 22.4k (46%) and 5.79k (38.8%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Quintana Roo with a decrease of 17.2k (33.8%) and 4.02k (50.3%), respectively.

Salaries by State

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The states with the best average salaries for Coordinators and Area Managers in Financial and Administrative Services during third quarter of 2024 were Baja California Sur ($19.6k MX), Sinaloa ($18.3k MX), and Nuevo León ($16.5k MX)

Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Aguascalientes and Querétaro with an increase of $12.7k MX (3.57k%) and $10.2k MX (225%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Coahuila de Zaragoza and Guerrero with a decrease of $10.4k MX (50.7%) and $6.92k MX (39.6%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2024-Q3

  • 39.5, Women
  • 41.1, Men

At third quarter of 2024, the male workforce in Coordinators and Area Managers in Financial and Administrative Services represented the 55% of the employed population and women 45%. The male and female workforce was higher in the age group 25 to 34 years (44.9k men and 40.9k women).

The highest average salary was $21.6k MX received by men from 45 to 54 years, while the lowest average salary was $7.2k MX received by women from 15 to 24 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-Q3)

  • 15.4, Women
  • 14.8, Men

During the third quarter of 2024, male and female workforce in Coordinators and Area Managers in Financial and Administrative Services was concentrated in the educational segment with 16 to 18 years of schooling (96.2k men and 90k women).

The highest average salary was $17.2k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $9.33k 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.

Workforce and Salaries Distribution by Industries

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

At third quarter of 2024, the workforce was higher in General Public Administration (13.5%), Legal Services (13.2%), and Regulation and Promotion of Economic Developmen (9.26%).

In the same period, the best average salaries were received in Electric Power Generation, Transmission, Distribution and Commercialization ($132k MX), Employment Services ($43.2k MX), and Services Related to Mining ($32k MX).

Labor Informality

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Labor Informality

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Labor Informality 2024-Q3

  • 6.72%, Coordinators and Area Managers in Financial and Administrative Services
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Coordinators and Area Managers in Financial and Administrative Services reached a 6.72%, which implied an increase from 2.74 percentage points compared to the second quarter of 2024  (3.99%).

The labor informality of this occupation was lower than informality at the country level in 47.9 percentage points during the third quarter of 2024.

Labor Informality by State

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Greater Labor Informality: 22.7%, Tlaxcala

Less Labor Informality: 1.19 %, Chihuahua

At third quarter of 2024, the states with the highest rate of labor informality in Coordinators and Area Managers in Financial and Administrative Services were Tlaxcala (22.7%), San Luis Potosí (22.4%), and Colima (22.3%).

The states with the lowest informality rate were Tabasco (2.34%), Chiapas (2.17%), and Chihuahua (1.19%).

Labor Informality by Age and Education

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Workforce

The workforce of Coordinators and Area Managers in Financial and Administrative Services during the third quarter of 2024 was higher in the age group with 25 to 34 years concentrating 85.8k workers of which 92.5% corresponds to formal employment (79.4k) and 7.49% to informal employment (6.43k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 186k workers of which 93.3%  corresponds to formal employment (174k) and 6.7% corresponds to informal employment (12.5k).