ProceduresGovernment

Officers, Directors and Heads

Category (1) - 2024-Q3

  • 1.99M, Workforce
  • $12.6k MX, Average monthly salary
  • 43, Average age
  • 44.3, Weekly hours worked
  • 5.22, Weekly days worked
  • 5.62%, Workforce with second job
  • 12.4%, Informal Workforce
  • 15, Average years of Schooling

About Officers, Directors and Heads

#permalink to section

The workforce of Officers, Directors and Heads during third quarter of 2024 was 1.99M people, whose salary averaged $12.6k MX working around 44.3 hours per week.

The average age of Officers, Directors and Heads was 43 years. The workforce was distributed in 62% men with an average salary of $13.5k MX and, 38% women with average salary of $11.2k MX.

The best average salaries received by Officers, Directors and Heads were in Sinaloa ($20.6k MX), Nayarit ($18.7k MX), and Baja California Sur ($17.1k MX) while the workforce was larger in Ciudad de México (402k), Estado de México (214k), and Nuevo León (149k).

In terms of industries, the best average salaries were in Electric Power Generation, Transmission, Distribution and Commercialization ($42.8k MX), Accounting, Auditing and Related Services ($41.8k MX), and Rental and Leasing of Automobiles, Trucks and other Road Transportation Vehicles ($41.5k MX), while the workforce was concentrated on Justice Administration and Security and Public Order Preservation (7.95%), Legal Services (151k), and General Public Administration (7.76%).

40.7% of the total informal workers correspond to women with an average salary of $8.56k MX and 59.3% to men with an average salary of $9.26k MX.

At the level of states, Hidalgo had the highest percentage of informal workers with 39.8% corresponding to 15.6k from 39.2k workers, while the state with the lowest percentage of informal workers was Querétaro with a 5.07% corresponding to 2.95k from 58.2k workers.

Workforce and Salaries Evolution

#permalink to section

  • 1.99M, Workforce 2024-Q3
  • $12.6k MX, Average monthly salary 2024-Q3

At third quarter of 2024, the people who worked as Officers, Directors and Heads were 1.99M being a 0.38% higher than the second quarter of 2024. (1.98M).

In the same period, an average salary of $12.6k MX was observed, registering an increase of 10.4%, compared to the second quarter of 2024 ($11.4k MX).

Workforce by State

#permalink to section

The states with the highest number of Officers, Directors and Heads during the third quarter of 2024 were Ciudad de México (402k), Estado de México (214k), and Nuevo León (149k)

Comparing the first quarter of 2021 and the third quarter of 2024, the main positive variations occurred in Ciudad de México and Coahuila de Zaragoza with an increase of 32.7k (8.87%) and 17.4k (29.9%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Michoacán de Ocampo with a decrease of 69.9k (24.7%) and 10.2k (26.3%), respectively.

Salaries by State

#permalink to section

The states with the best average salaries for Officers, Directors and Heads during third quarter of 2024 were Sinaloa ($20.6k MX), Nayarit ($18.7k MX), and Baja California Sur ($17.1k MX)

Comparing the first quarter of 2021 and the third quarter of 2024, the positive salary growth was higher in Sinaloa and Aguascalientes with an increase of $5.26k MX (34.2%) and $4.4k MX (88.4%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Guerrero and Tlaxcala with a decrease of $5.48k MX (37.3%) and $1.97k MX (15.3%), respectively.

Average Salary and Workforce by Sex and Age

#permalink to section

Average Age 2024-Q3

  • 41.1, Women
  • 44.2, Men

At third quarter of 2024, the male workforce in Officers, Directors and Heads represented the 62% of the employed population and women 38%. The male and female workforce was higher in the age group 35 to 44 years (335k men and 228k women).

The highest average salary was $17.3k MX received by women from 65 to 74 years, while the lowest average salary was $2.79k MX received by men from 75 or more 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

#permalink to section

Average Schooling in Years (2024-Q3)

  • 15.3, Women
  • 14.8, Men

During the third quarter of 2024, male and female workforce in Officers, Directors and Heads was concentrated in the educational segment with 16 to 18 years of schooling (742k men and 499k women).

The highest average salary was $18.6k MX received by women with more than 18 years of schooling, while the lowest average salary was $7.63k MX received by women with 10 to 12 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

#permalink to section

The visualization shows the distribution of Officers, Directors and Heads in different industries and economic sectors.

At third quarter of 2024, the workforce was higher in Justice Administration and Security and Public Order Preservation (7.95%), Legal Services (7.82%), and General Public Administration (7.76%).

In the same period, the best average salaries were received in Electric Power Generation, Transmission, Distribution and Commercialization ($42.8k MX), Accounting, Auditing and Related Services ($41.8k MX), and Rental and Leasing of Automobiles, Trucks and other Road Transportation Vehicles ($41.5k MX).

Labor Informality

#permalink to section

Labor Informality

#permalink to section

Labor Informality 2024-Q3

  • 12.4%, Officers, Directors and Heads
  • 54.6%, Average Informality in Mexico

During the third quarter of 2024, the labor informality of Officers, Directors and Heads reached a 12.4%, which implied an increase from 0.46 percentage points compared to the second quarter of 2024  (11.9%).

The labor informality of this occupation was lower than informality at the country level in 42.3 percentage points during the third quarter of 2024.

Labor Informality by State

#permalink to section

Greater Labor Informality: 39.8%, Hidalgo

Less Labor Informality: 5.07 %, Querétaro

At third quarter of 2024, the states with the highest rate of labor informality in Officers, Directors and Heads were Hidalgo (39.8%), Guerrero (33.6%), and Veracruz de Ignacio de la Llave (25%).

The states with the lowest informality rate were Chihuahua (6.53%), Sinaloa (6.22%), and Querétaro (5.07%).

Labor Informality by Age and Education

#permalink to section
Workforce

The workforce of Officers, Directors and Heads during the third quarter of 2024 was higher in the age group with 35 to 44 years concentrating 562k workers of which 89.2% corresponds to formal employment (501k) and 10.8% to informal employment (60.7k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 1.24M workers of which 90.1%  corresponds to formal employment (1.12M) and 9.88% corresponds to informal employment (123k).