Home > Salary > Mexico > Compensation Specialist
A compensation specialist is responsible for designing, implementing, and managing an organization's compensation and benefits programs. They analyze salary data, market trends, and industry benchmarks to ensure that the company's compensation packages are competitive and aligned with the overall business strategy. Compensation specialists also develop and administer performance-based incentive plans, evaluate job positions, and conduct salary surveys. They collaborate with HR teams to ensure compliance with legal requirements and internal policies, and provide guidance to managers and employees on compensation-related matters. Additionally, they may be involved in conducting research and analysis to support the development of compensation policies and practices.
Estimated Yearly Salary: 456,179 MXN
Estimated Monthly Salary: 38,015 MXN
Estimated Weekly Salary: 8,773 MXN per week
Estimated Hourly Salary: 219 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 36,790 MXN
Estimated Weekly Salary: 8,490 MXN per week
Estimated Hourly Salary: 212 MXN per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 22,803 USD
Estimated Monthly Salary: 1,900 USD
Estimated Weekly Salary: 439 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 456,179 MXN
Estimated Monthly Salary: 38,015 MXN
Estimated Weekly Salary: 8,773 MXN per week
Estimated Hourly Salary: 219 MXN per hour
By working as Compensation Specialist a person can save up to 1,164 USD per month or 13,966 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Estimated Yearly Salary for Compensation Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Compensation Specialist salary in Mexico
Average Yearly Salary of Compensation Specialist in Mexico is approximately 456,179 MXN (22,803 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Compensation Specialist do?
A compensation specialist is responsible for designing, implementing, and managing an organization's compensation and benefits programs. They analyze salary data, market trends, and industry benchmarks to ensure that the company's compensation packages are competitive and aligned with the overall business strategy. Compensation specialists also develop and administer performance-based incentive plans, evaluate job positions, and conduct salary surveys. They collaborate with HR teams to ensure compliance with legal requirements and internal policies, and provide guidance to managers and employees on compensation-related matters. Additionally, they may be involved in conducting research and analysis to support the development of compensation policies and practices.
Skills: compensation specialist, compensation management, benefits administration, salary analysis, performance-based incentives, HR compliance.
Job industry: Human resources
Job industry: Human resources
How much does Compensation Specialist make?
Salary details
How much does Compensation Specialist make?Estimated Yearly Salary: 456,179 MXN
Estimated Monthly Salary: 38,015 MXN
Estimated Weekly Salary: 8,773 MXN per week
Estimated Hourly Salary: 219 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 441,480 MXNEstimated Monthly Salary: 36,790 MXN
Estimated Weekly Salary: 8,490 MXN per week
Estimated Hourly Salary: 212 MXN per hour
Last revision of data: 2024-01-03Compensation Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,803 USD
Estimated Monthly Salary: 1,900 USD
Estimated Weekly Salary: 439 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Specialist job salary compared to average salary in Mexico.
Comparison shows that a person working as Compensation Specialist in Mexico earns on average:
1.38 times the average salary (or 138% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Compensation Specialist job salary compared to average salary in Mexico.
Comparison shows that a person working as Compensation Specialist in Mexico earns on average:
1.38 times the average salary (or 138% of average salary).
Is Compensation Specialist a well paid job?
Yes, our data shows that Compensation Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Compensation Specialist?
High salary for Compensation Specialist would be somewhere between 501,797 MXN and 661,460 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Compensation Specialist in Mexico?
Living in Mexico the approximate monthly expenses are: 736 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 456,179 MXN
Estimated Monthly Salary: 38,015 MXN
Estimated Weekly Salary: 8,773 MXN per week
Estimated Hourly Salary: 219 MXN per hour
By working as Compensation Specialist a person can save up to 1,164 USD per month or 13,966 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States, Belize, Guatemala. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Compensation Specialist
United States is 70,926 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Mexico
(3,848,140 MXN per year, pre-tax.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)
Data as of 2025Random salary:
Industrial automation engineer (371,614 MXN per year, pre-tax.)
Apprentice embalmer (194,970 MXN per year, pre-tax.)
Media buyer broadcast (385,445 MXN per year, pre-tax.)
Hospital pharmacy director (1,072,816 MXN per year, pre-tax.)
Home healthhospice care sales representative (505,353 MXN per year, pre-tax.)
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