Panamanians expected a salary of $1,033 for June

The requested average salary in June was at 1033 dollarswith a reduction of 2.22% compared to the previous month according to the latest report on the labor market in Panama presented by Konzerta, the country’s leading employment portal.

Applications, as well as job ads, have a similar composition by area, the sector with the highest demand in June in ads was commercial, with 29.58 percent, where the most sought-after point of sale is.

According to the report, the number of applications is higher for lower levels than for senior positions, and as seniority increases, more male applications predominate.

The commercial space is the one that received the most applications, covering a 27.44% of the total numberfollowed by administration with 25.86%, technology and systems (0.9%), marketing (3.3%) and human resources (4.2%).

As for the average salary demanded by men, it decreases by 0.34 percent in June, while it decreases by 0.92 percent for women. The average salary requested by men was $1,041, and $1,020 by women. The required salary of men is 2.06% higher than that of women.

María Alejandra Cruz, head of Konzerta for the country, emphasizes that the labor market is still in a good rhythm, with great activity in the commercial area.

“Report on Labor market for the month of June it stands at very similar values ​​at the end of 2022, although the report represents a drop of slightly more than 2%, the year-on-year change is barely +0.68%, so the monthly drop is not significant,” he commented. Križ.

Consider that the salary required for boss/supervisor positions was $1,477; for seniors and semi-seniors it was $1,049, and for juniors $788.

In this regard, Corporate Finance / Investment Banking candidates are the ones looking for the highest salary of $2,500. While Organization and methods are looking for the lowest salary.

For the senior and semi-senior segments, the Project Leadership candidates are the ones with the highest requirements at $2,100. On the other hand, Commercial Pharmacy is the position in this segment where the lowest salary is required at $600.

While in the junior division, candidates in the Production planning They are the ones who aspire to a higher salary with $1,000. While cashier/procurement/treasury positions have the lowest salary.

During the month of June, the registration of women (50.28%) was slightly higher than the registration of men (49.72%). Female applications retain the increase in seniority in the segments junior and senior/semi-senior. However, there are more male applications for the position of chief, the gap in that segment, although smaller than last month, amounts to almost 17 percent.