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carolync
Joined: 24 Jan 2007
Posts: 38
Location: Phoenix, Az
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 Posted: Wed Jan 31, 2007 3:00 pm Post subject: |
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| So, what is a good salary for DF and for smaller towns? |
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Ben Round de Bloc
Joined: 16 Jan 2003
Posts: 1946
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| Posted: Wed Jan 31, 2007 3:06 pm Post subject: |
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| carolync wrote: |
| So, what is a good salary for DF and for smaller towns? |
Answer: A whole lot more than I'm earning. |
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Guy Courchesne
Joined: 10 Mar 2003
Posts: 9650
Location: Mexico City
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| Posted: Wed Jan 31, 2007 3:12 pm Post subject: |
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| carolync wrote: |
| So, what is a good salary for DF and for smaller towns? |
Anything above 6000 per month takes care of your basic costs, car payments excluded. Over 6000 and you're able to save a bit, travel about, etc. A good salary would by 10,000 and a great salary would be 20,000.
That's quite a range and of course everyone has a different opinion of what 'good' means. It really depends on what you want to spend on. Some folks consider a television a basic good. Some folks consider Monday through Sunday trips to the bar a basic living cost. |
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DavefromWandsworth
Joined: 10 Dec 2006
Posts: 33
Location: Morelia, Mexico, currently.
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| Posted: Wed Jan 31, 2007 3:27 pm Post subject: |
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| Why isn't it? (It�s usually capable of generating cash, by being sold). |
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| But only at a loss. A car is always a liability, not an asset, from a non-business point of view. |
I agree that most private sales of cars involve a loss, since very few of us own vintage cars (for example) that tend to realise a profit: but a car is still properly described as a financial asset, contrary to Phil�s view, albeit usually a depreciating asset, as you and another poster in this thread have demonstrated.
I admit that that your second statement is probably true for increasing numbers of people, but not for me. I enjoy the convenience of being able to use a car for my work in England, which would otherwise be very difficult. |
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Phil_K
Joined: 25 Jan 2007
Posts: 2041
Location: A World of my Own
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| Posted: Wed Jan 31, 2007 3:56 pm Post subject: |
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Whooah!
Mixed reviews for my comments but I suppose it is all a matter choice.
Regarding the low payments in Mexico (or anywhere else) I am adamant on that one. If the only concern of a company is "making the payroll", then it isn't surprising that the new business failure rate is so high! So many businesses start up undercapitalized and even mature companies often overlook the necessity to invest to grow.
Regarding salaries, and at the risk of being controversial, that is another malaise which even my Mexican wife agrees with. That if the people tolerate bad services, salaries etc, that is what they get. And I don't mean protesting on Reforma - that acheives nothing. |
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J Sevigny
Joined: 26 Feb 2006
Posts: 161
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| Posted: Wed Jan 31, 2007 6:28 pm Post subject: |
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But we're talking about a specific job here, not general salaries.
I agree that it's a shame that many, many assembly line workers here make 60 pesos a day. It's just too low. I think Mexican employers just sort of figure that most of their workers live with their families, blah, blah, blah.
On the other hand, pay for teachers here is not too bad, especially foreign born teachers. I don't know if there are any countries in Latin America where you can make more.
But back to the posters question. I suggest you look at living in Guadalajara or Mexico City where pay is significantly higher. While I would never suggest coming here with significant debt in the States, it might be doable but probably only from a big city. |
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MamaOaxaca
Joined: 03 Jan 2007
Posts: 201
Location: Mixteca, Oaxaca
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| Posted: Wed Jan 31, 2007 7:00 pm Post subject: |
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| J Sevigny wrote: |
I agree that it's a shame that many, many assembly line workers here make 60 pesos a day. It's just too low. I think Mexican employers just sort of figure that most of their workers live with their families, blah, blah, blah.
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I think most Mexican employers are just trying to make their products competitive with those from China and other SE Asian countries... |
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Prof.Gringo
Joined: 07 Nov 2006
Posts: 2236
Location: Dang Cong San Viet Nam Quang Vinh Muon Nam!
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| Posted: Sat Feb 03, 2007 6:06 pm Post subject: |
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| I am making $11,000 pesos(before taxes) plus another $1,000 in vales, monthly. That's working part-time in a primaria/secundaria, three days per week. That is a good salary to me. Plus income from private and business classes. |
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Guy Courchesne
Joined: 10 Mar 2003
Posts: 9650
Location: Mexico City
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| Posted: Sun Feb 04, 2007 5:22 am Post subject: |
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| MamaOaxaca wrote: |
| J Sevigny wrote: |
I agree that it's a shame that many, many assembly line workers here make 60 pesos a day. It's just too low. I think Mexican employers just sort of figure that most of their workers live with their families, blah, blah, blah.
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I think most Mexican employers are just trying to make their products competitive with those from China and other SE Asian countries... |
Just to flesh out this tangent a bit...does anyone know how wages say, 50 years ago in Mexico compare to now? I know Mexico used to have a standard of living far more comparable to the US in the past, but I'm not sure what it was like internally. |
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