He average intended salary reached $1,003,148 per month in June. This represents an increase of 9.15% compared to the previous month and is 5 percentage points above the monthly inflation rate of 4%.
In interannual termsthe intended remunerations increased by 246.05%, significantly below the accumulated inflationwhich reaches 263.4%. The gap is 17 percentage points. So far this year, the target salaries have risen by 81.05%, and remain below the accumulated inflation in 2024, which reached 87%. The data is from the latest Bumeran Labor Market Index.
“In July, the average intended salary reached $1,003,148, an increase of 9.15% per month, exceeding inflation by 5 percentage points. The salary is beginning to recover its value. However, in interannual terms, the intended salaries have not yet matched the accumulated inflation of the same period, which exceeds the rate of wage growth by 17 percentage points”explains Carolina Molinaro, Head of Marketing at Jobint.
What are the expected salaries according to seniority?
According to the seniority of the position, the average salary in the supervisor and chief positions in July is $1,345,571 per monthwith an increase of 7.14% compared to the previous month; in the semi senior and senior categoriesr is $1,033,966 per monthwith an increase of 9.29%; and in the Junior levels is $723,883 per month with an increase of 10.67%.
In the junior positions, The Human Resources sector is the one with the highest salary demands During July, $789,000 per month. This is followed by the Administration and Finance area with $762,386 per month; and Production, Supply and Logistics with $760,652 per month; The rest of the sectors are below the junior average which is $723,883 per month.
The The largest increases in the annual cumulative total are in the Marketing and Communication sector with an increase of 131.58%. On the other hand, Human Resources is the one with the lowest growth with 103.61%.
In the semi-senior and senior positions, The Production, Supply and Logistics area presents the highest desired remuneration with $1,288,511 pesos per month. This is followed by Human Resources with $1,130,000 per month; Technology and Systems with $1,128,056 per month; and Administration and Finance with $1,075,000 per month. The rest of the sectors are below the semi-senior and senior average, which is $1,033,966 per month.
In it annual cumulative, The Production sector is the one that shows the greatest increasewith an increase of 123.15%. While the Marketing and Communication area is the one with the lowest growth with 76.50%.
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Men’s wages rose more than women’s
In July, The average salary required by men is 1,024,074 pesos per month, while that requested by women is 957,647 pesos per month.. In this way, the The gap in intended remuneration by gender is 6.94% in favor of men, a decrease of 1 percentage point compared to the previous month.
Compared to the previous month, The average salary sought by men increased by 10.24%, while that of women rose by 8.15%.
The gender gap in it junior segment represents 1.78% with average salaries of $726,864 and $714,182 per month for men and women, respectively. In the semi-senior and senior levels reach 7.50% with salaries of $1,056,934 and $983,176 per month. In the supervisor or boss positions is 9.90% with salaries of $1,388,177 and $1,263,129 per month.
As regards the Participation in applications by genderthere are 46.09% women, compared to 53.91% men. However, when reaching the supervisor or manager level, the number of male applicants is much higher and reaches 62.07%.
Source: Ambito
