Categories: Economy

The expected Panamanian salary in November was 1009 USD

The average wage that Panamanians asked for in November was $1,009, down 1.83% compared to October according to Konzert’s latest report. In annual accumulation, it represents a drop of 3.27%.

Depending on gender, the average salary requested by men is $1,022 per month, while that for women is $952. The compensation requested by men is 7.39% higher than that of women.

Regarding the planned average salary by length of service, the report shows mixed results. He The average salary required for boss/supervisor positions was $1,363with a decrease of 2.28% compared to the month of October.

While in senior and semi-senior positions it was $1,039, a decrease of 2.10% compared to the previous month, and for juniors it was $762, 0.33% less than in October.

Participation in job applications and advertisements does not represent major changes: commercial, production and administrative areas predominate.

The commercial sector represents the area with the highest number of personnel searches for the month of November with 31.97% of the total number, and the point of sale is the most requested with 14.48%.

In the boss or superior segment, applications for position of technology and systems They represent the highest required salary at $2,500. In the senior and semi-senior category, applications for corporate finance/banking and investment positions register a maximum salary of $1,600. At the junior level, exam positions are those with the highest required salary of $900.

Depending on the level, the lowest planned salaries for the month of November are: boss or supervisor, waiter for the second month in a row with $600; in the senior or semi-senior category, supply with $600, and at the junior level, cash, also for the second consecutive month, with $600.

“Conzerta’s labor market report reflects that commercial jobs continue to be the most in-demand and sales jobs are the most in-demand, followed by manufacturing and administrative fields. Meanwhile, the positions with the highest salary desires in November are technology and systems, banking and investments and testing,” said Jeff Morales, head of marketing at Konzerta.

In the month of November, there were more applications from women (53.24%) than men (46.76%). Furthermore, women’s applications are higher for the junior segment (56.77%); while the quantity the number of male applications is higher for both boss and manager levels (56.18%) and for senior and semi-senior categories (52.66%). It was observed that the participation of women decreases with increasing length of service.

Source: Panama America

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