When it comes to location, the highest average paycheck ($105K annually) can be spotted in New York, N.Y.; Troy, Mich. (about $100K), Tampa, Fla. (around $68K), and the company's headquarter city of St. Petersburg, Fla. (approximately $59K) are the next top-paying cities. High paychecks are not found in Southfield, Mich.; in fact, at $38K it is one of the worst-paid cities. Within the firm, employees working in New York take home the most — $73K per year on average.
The highest average salaries go to Operations Managers, who bring in close to $79K annually, though Financial Advisors are not far behind at about $59K along with Financial Analysts ($54K) and Reporting Analysts ($43K). Near the bottom at Raymond James & Associates, Inc. are Sales Associates, pulling in an average of just approximately $38K.
Years of Experience
Respondents who have been working for five to nine years make around $52K per year on average. Overall, the greater share of Raymond James & Associates, Inc. folks have one to four years of experience and earn an average $50K annually.
Certifications and Degrees
General Securities Principals have significantly higher pay than non-accredited workers at about $75K per year. Acquiring certification to be a Uniform Securities Agent State Law Holder is rewarded with median pay of approximately $64K annually. Raymond James & Associates, Inc. compensates Master of Arts (MA)-holders the most at $80K per year.
When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $66K annually. Microsoft Excel is a popular skill among Raymond James & Associates, Inc. workers, with about one in five of those surveyed reporting using it on the job. Three more common skills are Financial Analysis, Microsoft Office, and Customer Service.
Benefits and Perks
Just 31 percent receive paid time off. Most survey participants participate in a 401(k) program. Most workers can count on health insurance, and a solid majority of employees have dental coverage as a benefit. Privileges also include tuition reimbursement, a stock purchase plan, life insurance, and a casual working environment.