HR and People salaries in Panama
The median executive HR and People salary in Panama is $138,000 per year, with the market band from $138,000 to $138,000 (prensa.com, 2026-08-31).
By seniority
executive (Medium quality data)
- Median
- $138,000
- per month
- $11,500
This level publishes a median only; no percentiles are available.
Michael Page Estudio de Remuneracion Centroamerica (January 2024): director or VP of human resources 9,000 to 14,000 monthly gross (the study gives the wider HR function a 3,500 to 13,500 span). p50 is the midpoint of the published range; no medians or n published. Already monthly USD.
senior (Medium quality data)
- Median
- $54,000
- per month
- $4,500
This level publishes a median only; no percentiles are available.
Michael Page Estudio de Remuneracion Centroamerica (January 2024): HR generalist 3,500 to 5,500 monthly gross; p50 is the midpoint of the published range, medians and n not published. Context: Konzerta's June 2026 index shows senior training (Capacitacion) in HR as an asked salary of 1,300, a mass-market portal figure below the recruiter range. Already monthly USD.
Sources for these numbers
- https://www.prensa.com/economia/los-mejores-y-peores-salarios-de-cargos-directivos-en-panama/
- https://www.panamaamerica.com.pa/economia/cuanto-ganan-en-panama-los-altos-mandos-de-las-empresas-1231194
- https://www.konzerta.com/blog/mercado-laboral/index-de-salarios-pretendidos-en-panama/
These are market medians. Your own quote also depends on your current pay, your walk-away floor, and the package you need. Get your personal quote.