Monthly and annual Salary for a HR Manager in Panama

HR Manager, Panama Data
Population 4,314,768
Cost of Living Index 47.80
Monthly Salary $1,185.33
Annual Salary $14,224.00
Adjusted Monthly Salary $2,479.78
Adjusted Annual Salary $29,757.32

The estimated monthly salary for a HR Manager in Panama is $1,185.33, with an estimated annual salary of $14,224.00.

Considering the cost of living index of 47.80, the adjusted monthly salary is $2,479.78, and the adjusted annual salary is $29,757.32.

Salary for a HR Manager in Panama by Experience Level

However, the salary for a HR Manager in Panama varies significantly between $10,668.00 and $17,780.00 per year depending on experience level and skills.

  • In the early career the monthly salary of HR Managers in Panama is approximately $1,007.53, with an annual salary of $12,090.40.
  • At the median level (around 5 years of experience), HR Managers in Panama typically earn around $1,185.33 per month, which equates to an annual salary of $14,224.00.
  • For Senior Level HR Managers in Panama the monthly salary can rise to approximately $1,363.13, with an annual salary of $16,357.60.

HR Manager, Panama Years of Experience Monthly Salary Annual Salary
Entry Level 0-2 $889 $10,668
Early Carer 2-5 $1,008 $12,090
Mid-Career 5-10 $1,185 $14,224
Experienced 10-20 $1,363 $16,358
Senior 20+ $1,482 $17,780

About the Data

The salary figures presented for a HR Manager in Panama are calculated using reliable and authoritative data sources. We use salary benchmarks from trusted databases in the U.S. and adjust them based on localized salary factors specific to each country like in Panama.

These adjustments are made using data from reputable sources, including Numbeo, a global leader in cost of living data, and the World Bank, which provides comprehensive economic indicators for the Human Resources Sector in Panama.

Job Market Information for a HR Manager in Panama

In Panama, a country located in the North America, the role of a HR Manager is highly valued, especially within the country's key industries. With a population of approximately 4,314,768 people, Panama and a growing demand in the key industry sectory Construction, Manufacturing, Panama continues to be a hub for talent in companies like Copa Airlines, Banco General, Empresa Nacional de Energía Eléctrica (ENEE).

More helpful information for a Career as a HR Manager in Panama

  • If you're looking to explore the earning potential of a HR Manager in Panama and beyond, check out our Salary Country Rankings. This will give you a comprehensive comparison of how salaries for this role vary internationally.
  • For a more in-depth understanding of the duties, responsibilities, and growth opportunities of a HR Manager in Panama, be sure to view the full job description.
  • If you're actively seeking new opportunities Panama, browse available jobs for HR Managers and related roles.

Cityjobs.info helps HR Managers connect with employers in Panama and around the world.


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