Wages vary by the type of employer. Salespeople in brokerage firms tend to earn more than those in banks and mortgage companies.
Securities salespeople usually are paid a commission based on the number of stocks, bonds, and other products they sell. Earnings are high when there is much buying and selling, and low during a slump. Most firms provide brokers a minimum salary based on commissions they are expected to earn. Trainee brokers are usually paid a salary until they can build a client base. Some brokers are paid a percentage of the assets they oversee. Brokers who work for discount brokerage firms are usually paid a salary. Financial services salespeople who work in banks are usually paid a salary.
Full-time salespeople may receive benefits. Typical benefits include paid vacation, sick leave, and health insurance.
| Location |
Pay Period | |
||
| 25% |
Median |
75% |
||
| Illinois | Hourly | $30.72 | $48.44 | $76.03 |
| Yearly | $63,897 | $100,750 | $158,128 | |
| Champaign Area | Hourly | $23.26 | $28.21 | $48.61 |
| Yearly | $48,380 | $58,678 | $101,108 | |
| Charleston-Effingham-Centralia Area | Hourly | $22.34 | $30.78 | $56.11 |
| Yearly | $46,469 | $64,018 | $116,710 | |
| Cook County | Hourly | $37.03 | $49.67 | $78.95 |
| Yearly | $77,035 | $103,316 | $164,225 | |
| Decatur Area | Hourly | $23.27 | $32.49 | $40.69 |
| Yearly | $48,396 | $67,593 | $84,637 | |
| Dekalb-Elgin-Aurora Area | Hourly | $24.73 | $37.36 | $49.45 |
| Yearly | $51,445 | $77,712 | $102,858 | |
| Du Page County | Hourly | $30.42 | $45.23 | $67.06 |
| Yearly | $63,282 | $94,067 | $139,469 | |
| Edwardsville Area | Hourly | $25.26 | $36.17 | $55.46 |
| Yearly | $52,529 | $75,225 | $115,366 | |
| Kankakee-Morris-Pontiac Area | Hourly | $24.42 | $28.57 | $41.70 |
| Yearly | $50,802 | $59,430 | $86,727 | |
| Lake County | Hourly | $30.15 | $48.44 | $68.98 |
| Yearly | $62,722 | $100,750 | $143,475 | |
| Mt Vernon-Marion-Carbondale Area | Hourly | $23.07 | $35.10 | $56.94 |
| Yearly | $47,984 | $73,005 | $118,452 | |
| Northwest Illinois Area | Hourly | $22.60 | $28.00 | $48.61 |
| Yearly | $47,026 | $58,245 | $101,102 | |
| Peoria-Bloomington Area | Hourly | $26.99 | $38.22 | $59.80 |
| Yearly | $56,143 | $79,489 | $124,386 | |
| Quincy-Macomb-Galesburg Area | Hourly | $27.42 | $37.01 | $62.27 |
| Yearly | $57,030 | $76,988 | $129,518 | |
| Rock Island-Moline Area | Hourly | $27.47 | $37.12 | $51.26 |
| Yearly | $57,143 | $77,202 | $106,621 | |
| Rockford Area | Hourly | $27.80 | $36.35 | $57.03 |
| Yearly | $57,819 | $75,595 | $118,633 | |
| Shawnee National Forest Area | Hourly | $22.90 | $34.14 | $50.64 |
| Yearly | $47,634 | $71,008 | $105,334 | |
| Springfield Area | Hourly | $27.09 | $36.43 | $58.22 |
| Yearly | $56,364 | $75,767 | $121,097 | |
| St Louis-Belleville Area | Hourly | $23.05 | $28.23 | $47.65 |
| Yearly | $47,934 | $58,737 | $99,110 | |
| Will County | Hourly | $24.71 | $29.13 | $48.54 |
| Yearly | $51,397 | $60,600 | $100,968 | |
| United States | Hourly | $27.18 | $37.82 | $62.48 |
| Yearly | $56,540 | $78,660 | $129,950 | |