Pay varies by type of industry. Security brokers and dealers earn more than other financial managers. Pay may also vary by location of the company. Wages generally are higher in large cities than in small towns. In addition, financial managers who are certified or have additional formal training usually earn higher wages.
Most financial managers who work full time receive benefits. Typical benefits include health insurance, a retirement plan, paid vacation, and sick leave. Financial managers in private industry may also receive bonuses for year end profits. An increasing number of firms also give managers stock options.
Financial managers (SOC 11-3031)
Location |
Pay Period | |
||
25% |
Median |
75% |
||
Illinois | Hourly | $53.64 | $72.99 | $100.05 |
Yearly | $111,570 | $151,820 | $208,117 | |
Champaign Area | Hourly | $43.27 | $55.70 | $76.25 |
Yearly | $89,996 | $115,857 | $158,616 | |
Charleston-Effingham-Centralia Area | Hourly | $44.73 | $56.70 | $76.71 |
Yearly | $93,022 | $117,930 | $159,548 | |
Cook County | Hourly | $61.27 | $79.18 | $103.90 |
Yearly | $127,448 | $164,694 | $216,123 | |
Decatur Area | Hourly | $42.65 | $60.91 | $77.37 |
Yearly | $88,706 | $126,688 | $160,921 | |
Dekalb-Elgin-Aurora Area | Hourly | $50.84 | $65.52 | $84.23 |
Yearly | $105,757 | $136,277 | $175,202 | |
Du Page County | Hourly | $59.10 | $76.24 | $100.15 |
Yearly | $122,925 | $158,589 | $208,301 | |
Edwardsville Area | Hourly | $41.56 | $58.89 | $75.92 |
Yearly | $86,437 | $122,508 | $157,907 | |
Jacksonville-Carlinville-Litchfield Area | Hourly | $46.51 | $64.47 | $83.98 |
Yearly | $96,741 | $134,108 | $174,676 | |
Kankakee-Morris-Pontiac Area | Hourly | $42.10 | $58.15 | $76.73 |
Yearly | $87,567 | $120,971 | $159,607 | |
Lake County | Hourly | $62.57 | $81.03 | $102.75 |
Yearly | $130,136 | $168,543 | $213,721 | |
McHenry County | Hourly | $50.97 | $64.65 | $83.52 |
Yearly | $106,017 | $134,464 | $173,714 | |
Northwest Illinois Area | Hourly | $41.75 | $52.77 | $71.33 |
Yearly | $86,836 | $109,762 | $148,370 | |
Peoria-Bloomington Area | Hourly | $49.00 | $65.73 | $84.64 |
Yearly | $101,925 | $136,719 | $176,045 | |
Quincy-Macomb-Galesburg Area | Hourly | $39.64 | $50.11 | $65.73 |
Yearly | $82,460 | $104,230 | $136,717 | |
Rock Island-Moline Area | Hourly | $47.32 | $63.21 | $80.58 |
Yearly | $98,415 | $131,481 | $167,605 | |
Rockford Area | Hourly | $48.59 | $61.89 | $80.91 |
Yearly | $101,067 | $128,742 | $168,306 | |
Shawnee National Forest Area | Hourly | $38.95 | $53.31 | $74.32 |
Yearly | $81,021 | $110,894 | $154,579 | |
Springfield Area | Hourly | $42.34 | $58.94 | $78.91 |
Yearly | $88,068 | $122,612 | $164,121 | |
Vermilion County | Hourly | $46.32 | $59.10 | $79.79 |
Yearly | $96,337 | $122,914 | $165,962 | |
Will County | Hourly | $51.43 | $65.34 | $84.50 |
Yearly | $106,983 | $135,897 | $175,765 | |
United States | Hourly | $52.98 | $75.05 | $101.36 |
Yearly | $110,190 | $156,100 | $210,830 |