Occupation (1212) - 2024-Q2
The workforce of Directors and Managers in Accounting, Financial, Banking and Insurance during second quarter of 2024 was 91.8k people, whose salary averaged $13.3k MX working around 45.5 hours per week.
The average age of Directors and Managers in Accounting, Financial, Banking and Insurance was 40.6 years. The workforce was distributed in 57.2% men with an average salary of $17k MX and, 42.8% women with average salary of $8.31k MX.
The best average salaries received by Directors and Managers in Accounting, Financial, Banking and Insurance were in Michoacán de Ocampo ($26.2k MX), Sonora ($26k MX), and Sinaloa ($24.2k MX) while the workforce was larger in Ciudad de México (20.1k), Estado de México (15.7k), and Nuevo León (13.9k).
In terms of industries, the best average salaries were in Retail Trade of Hardware and Glass ($35k MX), Justice Administration and Security and Public Order Preservation ($34.8k MX), and Legal Services ($33.3k MX), while the workforce was concentrated on Multiple Banking (31.3k), Legal Services (20.2k), and Financial Institutions for Economic Developmen (11.2k).
39.9% of the total informal workers correspond to women with an average salary of $8.09k MX and 60.1% to men with an average salary of $7.16k MX.
At the level of states, Quintana Roo had the highest percentage of informal workers with 36.3% corresponding to 392 from 1.08k workers, while the state with the lowest percentage of informal workers was Chiapas with a 1.45% corresponding to 33 from 2.27k workers.
At second quarter of 2024, the people who worked as Directors and Managers in Accounting, Financial, Banking and Insurance were 91.8k being a 13.3% higher than the first quarter of 2024. (81k).
In the same period, an average salary of $13.3k MX was observed, registering a drop of 26.9%, compared to the first quarter of 2024 ($18.2k MX).
The states with the highest number of Directors and Managers in Accounting, Financial, Banking and Insurance during the second quarter of 2024 were Ciudad de México (20.1k), Estado de México (15.7k), and Nuevo León (13.9k)
Comparing the first quarter of 2021 and the second quarter of 2024, the main positive variations occurred in Nuevo León and Estado de México with an increase of 9.77k (238%) and 5.76k (57.8%), respectively. On the other hand, the negative variations were accentuated in Ciudad de México and Sonora with a decrease of 8.47k (29.7%) and 2.33k (59.1%), respectively.
The states with the best average salaries for Directors and Managers in Accounting, Financial, Banking and Insurance during second quarter of 2024 were Michoacán de Ocampo ($26.2k MX), Sonora ($26k MX), and Sinaloa ($24.2k MX)
Comparing the first quarter of 2021 and the second quarter of 2024, the positive salary growth was higher in Sonora and Michoacán de Ocampo with an increase of $14.2k MX (120%) and $13.2k MX (101%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Estado de México and Coahuila de Zaragoza with a decrease of $54.9k MX (97.6%) and $33.2k MX (82%), respectively.
Average Age 2024-Q2
At second quarter of 2024, the male workforce in Directors and Managers in Accounting, Financial, Banking and Insurance represented the 57.2% of the employed population and women 42.8%. The male and female workforce was higher in the age group 35 to 44 years (22.4k men and 15.5k women).
The highest average salary was $35.8k MX received by men from 25 to 34 years, while the lowest average salary was $5.56k MX received by women from 35 to 44 years.
* The data regarding salaries have low statistical precision so it should not be used as conclusions.
Average Schooling in Years (2024-Q2)
During the second quarter of 2024, male and female workforce in Directors and Managers in Accounting, Financial, Banking and Insurance was concentrated in the educational segment with 16 to 18 years of schooling (45.7k men and 32.4k women).
The highest average salary was $18.2k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $8.97k 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 Directors and Managers in Accounting, Financial, Banking and Insurance in different industries and economic sectors.
At second quarter of 2024, the workforce was higher in Multiple Banking (24.5%), Legal Services (15.8%), and Financial Institutions for Economic Developmen (8.78%).
In the same period, the best average salaries were received in Retail Trade of Hardware and Glass ($35k MX), Justice Administration and Security and Public Order Preservation ($34.8k MX), and Legal Services ($33.3k MX).
Labor Informality 2024-Q2
During the second quarter of 2024, the labor informality of Directors and Managers in Accounting, Financial, Banking and Insurance reached a 3.81%, which implied a decrease from 2.71 percentage points compared to the first quarter of 2024 (6.52%).
The labor informality of this occupation was lower than informality at the country level in 50.5 percentage points during the second quarter of 2024.
Greater Labor Informality: 36.3%, Quintana Roo
Less Labor Informality: 1.45 %, Chiapas
At second quarter of 2024, the states with the highest rate of labor informality in Directors and Managers in Accounting, Financial, Banking and Insurance were Quintana Roo (36.3%), Nayarit (24.2%), and San Luis Potosí (24.1%).
The states with the lowest informality rate were Coahuila de Zaragoza (12.5%), Ciudad de México (3.2%), and Chiapas (1.45%).
The workforce of Directors and Managers in Accounting, Financial, Banking and Insurance during the second quarter of 2024 was higher in the age group with 35 to 44 years concentrating 37.8k workers of which 97.1% corresponds to formal employment (36.7k) and 2.94% to informal employment (1.11k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 78.1k workers of which 96.6% corresponds to formal employment (75.5k) and 3.4% corresponds to informal employment (2.66k).