ProceduresGovernment

Directors and Managers in Accounting, Financial, Banking and Insurance

Occupation (1212) - 2025-Q1

  • 93.3k, Workforce
  • $16.4k MX, Average monthly salary
  • 41.3, Average age
  • 42, Weekly hours worked
  • 4.78, Weekly days worked
  • 3.23%, Workforce with second job
  • 6.57%, Informal Workforce
  • 16.3, Average years of Schooling

About Directors and Managers in Accounting, Financial, Banking and Insurance

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The workforce of Directors and Managers in Accounting, Financial, Banking and Insurance during first quarter of 2025 was 93.3k people, whose salary averaged $16.4k MX working around 42 hours per week.

The average age of Directors and Managers in Accounting, Financial, Banking and Insurance was 41.3 years. The workforce was distributed in 64.4% men with an average salary of $17k MX and, 35.6% women with average salary of $15.3k MX.

The best average salaries received by Directors and Managers in Accounting, Financial, Banking and Insurance were in Aguascalientes ($33.5k MX), Baja California Sur ($32.5k MX), and Veracruz de Ignacio de la Llave ($27.9k MX) while the workforce was larger in Ciudad de México (32.2k), Estado de México (19.5k), and Nuevo León (5.67k).

In terms of industries, the best average salaries were in General Public Administration ($73.1k MX), Electric Power Generation, Transmission, Distribution and Commercialization ($50k MX), and Employment Services ($50k MX), while the workforce was concentrated on Multiple Banking (42.8k), Legal Services (20.1k), and Financial Institutions for Economic Developmen (14.7k).

35.9% of the total informal workers correspond to women with an average salary of $15.8k MX and 64.1% to men with an average salary of $10.5k MX.

At the level of states, Baja California had the highest percentage of informal workers with 61.1% corresponding to 657 from 1.08k workers, while the state with the lowest percentage of informal workers was Ciudad de México with a 5.56% corresponding to 1.79k from 32.2k workers.

Workforce and Salaries Evolution

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  • 93.3k, Workforce 2025-Q1
  • $16.4k MX, Average monthly salary 2025-Q1

At first quarter of 2025, the people who worked as Directors and Managers in Accounting, Financial, Banking and Insurance were 93.3k being a 2.32% higher than the fourth quarter of 2024. (91.2k).

In the same period, an average salary of $16.4k MX was observed, registering an increase of 10.6%, compared to the fourth quarter of 2024 ($14.8k MX).

Workforce by State

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The states with the highest number of Directors and Managers in Accounting, Financial, Banking and Insurance during the first quarter of 2025 were Ciudad de México (32.2k), Estado de México (19.5k), and Nuevo León (5.67k)

Comparing the first quarter of 2021 and the first quarter of 2025, the main positive variations occurred in Ciudad de México and Jalisco with an increase of 13.5k (72.2%) and 2.57k (90.4%), respectively. On the other hand, the negative variations were accentuated in Estado de México and Puebla with a decrease of 6.57k (25.2%) and 2.91k (87%), respectively.

Salaries by State

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The states with the best average salaries for Directors and Managers in Accounting, Financial, Banking and Insurance during first quarter of 2025 were Aguascalientes ($33.5k MX), Baja California Sur ($32.5k MX), and Veracruz de Ignacio de la Llave ($27.9k MX)

Comparing the first quarter of 2021 and the first quarter of 2025, the positive salary growth was higher in Aguascalientes and Oaxaca with an increase of $32.4k MX (2.91k%) and $25k MX (946%), respectively. Por otro lado, las variaciones salariales negativas se acentuaron en Sonora and San Luis Potosí with a decrease of $24.4k MX (77.7%) and $20.6k MX (74%), respectively.

Average Salary and Workforce by Sex and Age

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Average Age 2025-Q1

  • 38.8, Women
  • 42.7, Men

At first quarter of 2025, the male workforce in Directors and Managers in Accounting, Financial, Banking and Insurance represented the 64.4% of the employed population and women 35.6%. The male workforce was higher in the age group of 25 to 34 years (19.7k), while the female workforce was higher in the age group of 35 to 44 years (13k).

The highest average salary was $27.5k MX received by men from 25 to 34 years, while the lowest average salary was $15.1k MX received by men from 35 to 44 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

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Average Schooling in Years (2025-Q1)

  • 15.7, Women
  • 16.6, Men

During the first quarter of 2025, 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 (43k men and 23k women).

The highest average salary was $20.7k MX received by men with 16 to 18 years of schooling, while the lowest average salary was $16.3k 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 Directors and Managers in Accounting, Financial, Banking and Insurance in different industries and economic sectors.

At first quarter of 2025, the workforce was higher in Multiple Banking (31.7%), Legal Services (14.9%), and Financial Institutions for Economic Developmen (10.9%).

In the same period, the best average salaries were received in General Public Administration ($73.1k MX), Electric Power Generation, Transmission, Distribution and Commercialization ($50k MX), and Employment Services ($50k MX).

Labor Informality

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Labor Informality

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Labor Informality 2025-Q1

  • 6.57%, Directors and Managers in Accounting, Financial, Banking and Insurance
  • 54.3%, Average Informality in Mexico

During the first quarter of 2025, the labor informality of Directors and Managers in Accounting, Financial, Banking and Insurance reached a 6.57%, which implied a decrease from 2.92 percentage points compared to the fourth quarter of 2024  (9.49%).

The labor informality of this occupation was lower than informality at the country level in 47.7 percentage points during the first quarter of 2025.

Labor Informality by State

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Greater Labor Informality: 61.1%, Baja California

Less Labor Informality: 5.56 %, Ciudad de México

At first quarter of 2025, the states with the highest rate of labor informality in Directors and Managers in Accounting, Financial, Banking and Insurance were Baja California (61.1%), Veracruz de Ignacio de la Llave (45.5%), and Morelos (43.4%).

The states with the lowest informality rate were Estado de México (5.9%), Hidalgo (5.64%), and Ciudad de México (5.56%).

Labor Informality by Age and Education

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Workforce

The workforce of Directors and Managers in Accounting, Financial, Banking and Insurance during the first quarter of 2025 was higher in the age group with 25 to 34 years concentrating 32k workers of which 87.5% corresponds to formal employment (28k) and 12.5% to informal employment (3.99k).

Regarding the schooling years, the workforce was higher in the range with 16 to 18 years of schooling concentrating 66k workers of which 94.6%  corresponds to formal employment (62.4k) and 5.38% corresponds to informal employment (3.55k).