Categories: Economy

The expected Panama salary in February was 998 USD

The average salary demanded by Panamanians was $998 for February, an increase of 1.33 percent compared to January, the Report showed. Konzerta labor market.

Boss and supervisor positions lead the upward trend with an average salary of $1,269 per month. The economic-financial planning position is the one with the highest salary of $2,300 per month.

In terms of senior and semi-senior positions, the construction position posted the highest average asking salary of $1,600. While the position of health is the lowest with 650 dollars.

The average salary required for junior positions is $761, and systems with an aspiration of $1,000 is the highest paying area in this segment. Applicants applying for security aim for a minimum salary of $650.

As for gender. Men want a average monthly salary of $1,007, while the wage requirement for women is $944. The difference in required wages by gender is 6.67%.

Compared to last month, the average salary of men is higher by 0.71 percent, while the average salary of women is higher by 0.55 percent.

During February, the registration of women (54.96%) was higher than the registration of men (45.04%). In addition, applications submitted by women are also higher for the junior (55.46%) and senior/semi-senior segments (53.68%); while the number of applications from men is higher at the level of boss or manager with 50.35%.

The report shows that as seniority increases, applications from men predominate.

“The results of studies in recent years show that, although salary This is one of the most important aspects for all generations, what attracts young talents the most is the flexibility of working hours and the modality of work, whether hybrid or remote. Understanding their expectations is critical for companies to capitalize on the best talent today,” explains Jeff Morales, head of marketing at Konzerta.

The age group from 18 to 24 years represents 24.59% of applications. Likewise, the average salary of candidates in this segment is $718, which is an increase of 2.21% compared to the previous month.

Applications are concentrated in the positions of sales (15.53%), customer service (9.30%) and administration (8.48%).

Source: Panama America

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