Division Manager Salary in Panama

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  2. > Salary
  3. > Division Manager
  4. > Panama

Last Updated: July 08, 2026

PAB 60,181 USD

per year
Hourly Rate PAB 28.93
Bonus PAB 5,543

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Entry Level PAB 39K
Average PAB 60K
Senior Level PAB 92K

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The average pay for a Division Manager is PAB 60,181, which is PAB 28.93 an hour in Panama. The average salary range for a Division Manager is between PAB 39,419 and PAB 92,198. On average, a Bachelor's is the highest level of education for a Division Manager.

This compensation analysis comes from aggregated salary survey data for Panama. ERI's compensation information is based on employer-reported data collected from ERI's salary surveys, customer HRIS data, data from Proxies/10Ks and Forms 990, proprietary databases, and purchased survey data. Cost-of-labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc. For more information, see ERI's methodology.

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Salary Potential for Division Manager

Explore the estimated salary growth for Division Manager in Panama for up to 5 years. The estimated salary of Division Manager in 1 year will be PAB 61,722, and in 5 years, will be PAB 68,291.

Number of Years

2 Years

Estimated Salary

PAB 63,303 USD

Percentage Growth

0%

Growth Trajectory

The estimated salary growth for Division Manager in [# of years] is [salary], which is [average growth %] average growth. This information is based on ERI's compensation database.

What Does a Division Manager Do?

Oversees staff, conflicts, and onboarding process and ensures division operations are fully supplied and equipped to fulfill existing obligations. Manages division operations and performances through communication with other managers to coordinate efforts. Evaluates division and employees' performances and identifies areas of improvement Assures staff members comply with division policies and procedures. Develops budget with financial department, relationship with clients, vendors, and industry professionals, and new business programs to meet productivity and revenue goals.

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Education, Skills, and Certifications for Division Managers

Gain access to salary differentials for education and skills in ERI's Salary Assessor

Education

Below is the average education level for a Division Manager. About 45% have a Bachelor's degree, 32% have a Master's degree, and 18% have a Associate degree.

  • Bachelor's Degree 45%
  • Master's Degree 32%
  • Associate Degree 18%
  • Doctorate Degree 5%
  • High School Diploma 0%
  • Less Than HS 0%

Top Skills

Below are top skills for a Division Manager. 100% of Division Managers have a skill in Information analysis. The top 3 most popular skills for Division Managers are Information analysis, Coordinates activities, and Reviews data.

  • Information analysis 100%
  • Coordinates activities 100%
  • Reviews data 100%
  • Operations Administration 91%
  • Coordinates personnel 91%

Do you have certifications for Division Manager?

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Compare Division Manager Salaries by Location

See how Division Manager salaries vary by region and find the best location for your career.

Average Salaries for Division Manager

The average salary of division manager in Panama is $60,181. The average salary of division manager in California is $142,960. The average salary of division manager in United States is $128,847. Explore the average salaries for division manager in other locations below.

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Cost of Living in Panama

The cost of living in Panama is 0% equal to than the national average.

Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.

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Why Your Salary May Look Different

This information is based on a specific job title and location, but real-world compensation can vary based on factors like years of experience, company size, shift differentials, and more. Because of these variables, your actual pay may fall above or below the average ranges shown. Use ERI's salary data and compensation management platform to identify market trends and accurately adjust pay so that you can price jobs competitively.

Based on the average salary in the United States, if your shift differential is 10%, then your pay will increase by PAB 2.89/hour

*Some jobs may not be adjusted using shift differentials. Please contact [email protected] for additional information.

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Use ERI's shift differential data to calculate pay for night, day, and swing shifts to benchmark compensation with confidence. Our robust salary survey data can help you accurately price roles using industry-specific shift policies.

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Frequently Asked Questions

Common questions about Division Manager salaries and career insights

How much does a Division Manager make in Panama?

ERI's data indicated that, on average, a Division Manager is PAB 60,181 per year or PAB 28.93 per hour in Panama, which is equal to the national average. Top earners have reported making up to PAB 92,198. However, the typical pay range in Panama, is between PAB 39,419 and PAB 92,198 annually.

What is the salary potential for Division Manager in 5 years?

Division Manager is projected to see 13.5% salary growth in 5 years.

What are some factors that impact Division Manager salaries?

Several factors can impact the salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect the role can provide opportunities to earn more. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns.

How can I accurately price jobs for my organization?

There are several factors that can impact the salary, including experience, company size, job market, location, industry, education, certificates, shift differentials, and more. Understanding how these factors affect the role can help you spot pay gaps and retain top talent. ERI's Assessor Platform brings these factors together in one platform, making it easy to benchmark roles, analyze insights, and set pay with confidence.

What is ERI Economic Research Institute?

ERI Economic Research Institute was founded over 35 years ago to provide trusted compensation data for private and public organizations. ERI has established itself as a gold standard for global salary benchmarking and geographic differentials and has evolved to offer a complete compensation management software solution.

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With decades of experience in compensation, ERI offers an extensive and reliable salary survey database powered by the Assessor Platform, a comprehensive compensation management solution that optimizes complex processes for accuracy and efficiency.

HR and compensation professionals in organizations ranging from small companies to the Fortune 500 rely on ERI's Assessor Platform to:

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How often does ERI's compensation database get updated?

ERI's team of PhD-level data scientists and seasoned compensation professionals review and validate our salary data approximately every six weeks, ensuring the accuracy of the data that we publish. Learn more about our methodology.

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ERI offers 36 free self-study courses through our Distance Learning Center, helping professionals master technical domains like market pricing and geographic differentials. While course content is complimentary, practitioners can choose to pursue the Compensation Analyst (CAC) or Compensation Committee (CCC) credentials to validate their expertise and earn up to 20 HRCI or SHRM recertification credits. Learn more.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

For over 35 years, ERI has compiled the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources

Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.

Real-Time Data

Our salary database is updated and verified approximately every six weeks.

Quality Assurance

Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

10,500+

Locations

35,900+

Job Titles

4,400+

Skills

5,500+

Certifications

1,100+

Industries

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