Occupation (1212) - 2024-Q3
The workforce of Directors and Managers in Accounting, Financial, Banking and Insurance during third quarter of 2024 was 106k people, whose salary averaged $18.8k MX working around 46.8 hours per week.
The average age of Directors and Managers in Accounting, Financial, Banking and Insurance was 42.3 years. The workforce was distributed in 66.4% men with an average salary of $23.1k MX and, 33.6% women with average salary of $10.5k MX.
The best average salaries received by Directors and Managers in Accounting, Financial, Banking and Insurance were in Guanajuato ($46.6k MX), Yucatán ($30.9k MX), and Coahuila de Zaragoza ($27.9k MX) while the workforce was larger in Ciudad de México (47.1k), Estado de México (10.6k), and Nuevo León (9.43k).
In terms of industries, the best average salaries were in Building Installations and Equipmen ($150k MX), Building Installations and Equipment ($150k MX), and Rental of Household and Personal Goods ($37.4k MX), while the workforce was concentrated on Multiple Banking (66.6k), Legal Services (18.1k), and Financial Institutions for Economic Developmen (13.9k).
27.2% of the total informal workers correspond to women with an average salary of $11k MX and 72.8% to men with an average salary of $15.1k MX.
At the level of states, Colima had the highest percentage of informal workers with 55.3% corresponding to 451 from 815 workers, while the state with the lowest percentage of informal workers was Tabasco with a 3.61% corresponding to 53 from 1.47k workers.
At third quarter of 2024, the people who worked as Directors and Managers in Accounting, Financial, Banking and Insurance were 106k being a 15.1% higher than the second quarter of 2024. (91.8k).
In the same period, an average salary of $18.8k MX was observed, registering an increase of 41.9%, compared to the second quarter of 2024 ($13.3k MX).
The states with the highest number of Directors and Managers in Accounting, Financial, Banking and Insurance during the third quarter of 2024 were Ciudad de México (47.1k), Estado de México (10.6k), and Nuevo León (9.43k)
Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Ciudad de México and Puebla with an increase of 27k (135%) and 2.04k (324%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Nuevo León with a decrease of 5.18k (32.9%) and 4.45k (32%), respectively.
The states with the best average salaries for Directors and Managers in Accounting, Financial, Banking and Insurance during third quarter of 2024 were Guanajuato ($46.6k MX), Yucatán ($30.9k MX), and Coahuila de Zaragoza ($27.9k MX)
Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Guanajuato and Coahuila de Zaragoza with an increase of $40.3k MX (637%) and $20.6k MX (283%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Chihuahua and Sonora with a decrease of $19.4k MX (81.6%) and $18.5k MX (71%), respectively.
Average Age 2024-Q3
At third quarter of 2024, the male workforce in Directors and Managers in Accounting, Financial, Banking and Insurance represented the 66.4% of the employed population and women 33.6%. The male and female workforce was higher in the age group 35 to 44 years (20.3k men and 11.1k women).
The highest average salary was $57.1k MX received by men from 25 to 34 years, while the lowest average salary was $4.18k 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-Q3)
During the third 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 (60.8k men and 26.9k women).
The highest average salary was $22.2k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $11.7k 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 third quarter of 2024, the workforce was higher in Multiple Banking (43.1%), Legal Services (11.7%), and Financial Institutions for Economic Developmen (8.99%).
In the same period, the best average salaries were received in Building Installations and Equipmen ($150k MX), Building Installations and Equipment ($150k MX), and Rental of Household and Personal Goods ($37.4k MX).
Labor Informality 2024-Q3
During the third quarter of 2024, the labor informality of Directors and Managers in Accounting, Financial, Banking and Insurance reached a 7.86%, which implied an increase from 4.05 percentage points compared to the second quarter of 2024 (3.81%).
The labor informality of this occupation was lower than informality at the country level in 46.8 percentage points during the third quarter of 2024.
At third quarter of 2024, the states with the highest rate of labor informality in Directors and Managers in Accounting, Financial, Banking and Insurance were Colima (55.3%), Jalisco (20.4%), and Nuevo León (18.6%).
The states with the lowest informality rate were Ciudad de México (8.97%), Tamaulipas (6.73%), and Tabasco (3.61%).
The workforce of Directors and Managers in Accounting, Financial, Banking and Insurance during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 31.4k workers of which 91.6% corresponds to formal employment (28.8k) and 8.41% to informal employment (2.64k).
Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 87.7k workers of which 95.3% corresponds to formal employment (83.6k) and 4.66% corresponds to informal employment (4.09k).