ProceduresGovernment

Coordinators and Department Heads in Accounting, Financial, Banking and Insurance

Occupation (1512) - 2025-Q1

  • 46.8k, Workforce
  • $13.1k MX, Average monthly salary
  • 41.4, Average age
  • 40.3, Weekly hours worked
  • 4.75, Weekly days worked
  • 7.61%, Workforce with second job
  • 3.09%, Informal Workforce
  • 15.6, Average years of Schooling

About Coordinators and Department Heads in Accounting, Financial, Banking and Insurance

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The workforce of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during first quarter of 2025 was 46.8k people, whose salary averaged $13.1k MX working around 40.3 hours per week.

The average age of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance was 41.4 years. The workforce was distributed in 51.9% men with an average salary of $14.3k MX and, 48.1% women with average salary of $11.7k MX.

The best average salaries received by Coordinators and Department Heads in Accounting, Financial, Banking and Insurance were in Quintana Roo ($32.4k MX), Baja California Sur ($31.1k MX), and Veracruz de Ignacio de la Llave ($25.9k MX) while the workforce was larger in Ciudad de México (17.7k), Estado de México (4.22k), and Nuevo León (3.68k).

In terms of industries, the best average salaries were in Electronic and Precision Equipment Repair and Maintenance ($42.9k MX), Psychiatric and Addiction Hospitals ($29k MX), and General Public Administration ($27.3k MX), while the workforce was concentrated on Secretarial Support, Photocopying, Collection, Credit Investigation and Similar Services (8.98k), Financial Institutions for Economic Developmen (7.23k), and Financial Institutions for Economic Development (7.23k).

55.6% of the total informal workers correspond to women with an average salary of $11.4k MX and 44.4% to men with an average salary of $7.49k MX.

At the level of states, Chiapas had the highest percentage of informal workers with 100% corresponding to 414 from 414 workers, while the state with the lowest percentage of informal workers was Ciudad de México with a 0.87% corresponding to 154 from 17.7k workers.

Workforce and Salaries Evolution

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  • 46.8k, Workforce 2025-Q1
  • $13.1k MX, Average monthly salary 2025-Q1

At first quarter of 2025, the people who worked as Coordinators and Department Heads in Accounting, Financial, Banking and Insurance were 46.8k being a 7.4% higher than the fourth quarter of 2024. (43.5k).

In the same period, an average salary of $13.1k MX was observed, registering a drop of 3.92%, compared to the fourth quarter of 2024 ($13.6k MX).

Workforce by State

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The states with the highest number of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during the first quarter of 2025 were Ciudad de México (17.7k), Estado de México (4.22k), and Nuevo León (3.68k)

Comparing the first quarter of 2021 and the first quarter of 2025, the main positive variations occurred in Ciudad de México and Estado de México with an increase of 5.36k (43.4%) and 1.65k (64.5%), respectively. On the other hand, the negative variations were accentuated in Jalisco and Baja California with a decrease of 2.15k (40.7%) and 1.03k (88.1%), respectively.

Salaries by State

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The states with the best average salaries for Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during first quarter of 2025 were Quintana Roo ($32.4k MX), Baja California Sur ($31.1k MX), and Veracruz de Ignacio de la Llave ($25.9k MX)

Comparing the first quarter of 2021 and the first quarter of 2025, the positive salary growth was higher in Veracruz de Ignacio de la Llave and Campeche with an increase of $21.5k MX (489%) and $11.5k MX (82.4%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Oaxaca and Coahuila de Zaragoza with a decrease of $35.6k MX (100%) and $26.8k MX (55%), respectively.

Average Salary and Workforce by Gender and Schooling Years

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Average Schooling in Years (2025-Q1)

  • 15.4, Women
  • 15.8, Men

During the first quarter of 2025, male and female workforce in Coordinators and Department Heads in Accounting, Financial, Banking and Insurance was concentrated in the educational segment with 16 to 18 years of schooling (18.6k men and 13.6k women).

The highest average salary was $14.1k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $10.5k 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.

Workforce and Salaries Distribution by Industries

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The visualization shows the distribution of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance in different industries and economic sectors.

At first quarter of 2025, the workforce was higher in Secretarial Support, Photocopying, Collection, Credit Investigation and Similar Services (17.3%), Financial Institutions for Economic Developmen (13.9%), and Financial Institutions for Economic Development (13.9%).

In the same period, the best average salaries were received in Electronic and Precision Equipment Repair and Maintenance ($42.9k MX), Psychiatric and Addiction Hospitals ($29k MX), and General Public Administration ($27.3k MX).

Labor Informality

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Labor Informality

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Labor Informality 2025-Q1

  • 3.09%, Coordinators and Department Heads in Accounting, Financial, Banking and Insurance
  • 54.3%, Average Informality in Mexico

During the first quarter of 2025, the labor informality of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance reached a 3.09%, which implied a decrease from 2.44 percentage points compared to the fourth quarter of 2024  (5.53%).

The labor informality of this occupation was lower than informality at the country level in 51.2 percentage points during the first quarter of 2025.

Labor Informality by State

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Greater Labor Informality: 100%, Chiapas

Less Labor Informality: 0.87 %, Ciudad de México

At first quarter of 2025, the states with the highest rate of labor informality in Coordinators and Department Heads in Accounting, Financial, Banking and Insurance were Chiapas (100%), Aguascalientes (38.8%), and Yucatán (18.8%).

The states with the lowest informality rate were Campeche (8.63%), Coahuila de Zaragoza (7.49%), and Ciudad de México (0.87%).

Labor Informality by Age and Education

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Workforce

The workforce of Coordinators and Department Heads in Accounting, Financial, Banking and Insurance during the first quarter of 2025 was higher in the age group with 45 to 54 years concentrating 15.9k workers of which 98.6% corresponds to formal employment (15.7k) and 1.43% to informal employment (228).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 32.2k workers of which 97.4%  corresponds to formal employment (31.3k) and 2.62% corresponds to informal employment (843).