Executive salaries rise 12.5% in Panama

A survey carried out by PriceWaterhouseCoopers between April 2007 and May 2008 shows that executives have gotten average raises of 12.5 percent.

Tuesday, June 24, 2008

The reason for the increase is the need for companies to attract and hold personnel in a growing economy.
The survey "Business System of Salary Information", which the accounting firm carries out each year, shows that the 12.5 percent increase exceeds that of average salaries, which rose by 9.3 percent during the same period.

More on this topic

Salaries of Guatemalan administrators go up despite crisis

December 2008

Almost all Guatemalan companies plan to increase the salaries of their managers next year, despite the international financial crisis.

96% of the companies intend to increase executive salaries, according to a survey by PriceWaterhouseCoopers carried out among those companies which use their services.

Executive Salaries Increase in Guatemala

November 2010

According to a PricewaterhouseCoopers survey, from January to October 2010 the average annual compensation increased 8.1%.

Of the 501 companies surveyed, 65% granted salary increases to their executives.

The largest increases were in small businesses (10.1% average), followed by large and medium with 7.6%.

Executive Salaries Increase in Guatemala

August 2011

According to a Price-Waterhouse Coopers survey for the second half of 2011, yearly executive salaries will grow by 8.7%.

According to the survey, Salary Information Enterprise System (SEIS), conducted among a group of 102 companies, 54 national and 48 multinational operating in the country, wage increases will be 8.9% for domestic companies and 8.3% for multinationals.

Service Sector Pays Higher Executive Salaries

June 2013

In Guatemala, telephony, retail sales, financial activities and services offer the best remuneration at managerial levels.

The survey Business System Salary Information by PricewaterhouseCoopers (PWC), reveals that it is in the area of ​​services where executives receive more economic benefits, equivalent to $5,350 a month on average.

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