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Financial Services Specialist Salary

Financial Services Specialists aren't exactly in the most profitable line of business; these folks earn a belt-tightening average of $37K annually. Total incomes of Financial Services Specialists incorporate potential for, in a few cases, more than $8K from bonuses and close to $10K from profit sharing; these performance components cause packages to range between $28K and $56K. While geography and the specific company impact pay for this group, experience level is the most influential factor. Work is enjoyable for Financial Services Specialists, who typically claim high levels of job satisfaction. Medical benefits are awarded to most, and a strong majority earn dental coverage. Women make up a slight majority of Financial Services Specialists (59 percent) survey respondents. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$28,782 - $57,931
(Median)
$29K
$37K
$58K
MEDIAN: $37,448
10%
50%
90%

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$11.71 - $19.88
(Median)
$12
$16
$20
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$20K$40K$60K
Salary
$28,782 - $57,931  
   
Bonus
$0.00 - $8,000  
Profit Sharing
$-0.50 - $9,933  
Commission
$-0.50 - $16,768  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,764 - $55,677  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 195
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$11.71 - $19.88  
   
Overtime
$9.45 - $37.81  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $8,000  
   
Commission
$-0.50 - $16,768  
Profit Sharing
$-0.50 - $9,933  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$27,764 - $55,677  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 105

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Job Description for Financial Services Specialist

Financial services specialists are in charge of providing sound financial advice and offering services to clients on behalf of their organization. They are responsible for providing excellent customer service and performing relevant administrative tasks (such as completing and filing financial requests) on behalf of their clients. They must be able to clearly explain financial concepts to individuals with no financial background, as well as interview clients and review written and oral information received from clients.

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Financial Services Specialist Tasks

  • Communicate financial information to internal partners.
  • Provide financial analysis to upper management consistent with company goals.

Financial Services Specialist Job Listings

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Popular Employer Salaries for Financial Services Specialist


Popular Skills for Financial Services Specialist


Financial Services Specialists report using a pretty varied skill set on the job. Most notably, skills in Microsoft Excel, Customer Service, Financial Analysis, and Sales are correlated to pay that is above average. Skills that seem to negatively impact pay include Banking, Sales, and Financial Analysis. Most people familiar with Customer Service also know Banking.

Pay by Experience Level for Financial Services Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Financial Services Specialists with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Relatively untried employees who have less than five years' experience have a median salary of $35K. Those who have been around for five to 10 years can expect to take home more — $39K on average. Financial Services Specialists bring in $40K after working for 10 to 20 years. Veterans who have acquired more than 20 years report a median income of $46K, which is generally higher than the pay reported by other tenure groups.

Related Job Salaries

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Experience Affects Financial Services Specialist Salaries

Late-Career
up arrow 26%

Experienced
up arrow 9%

Mid-Career
up arrow 6%

National Average
$37,000


Skills That Affect Financial Services Specialist Salaries

Microsoft Excel
up arrow 2%

Customer Service
0%

National Average
$37,000

Financial Analysis
up arrow 4%

Sales
up arrow 9%

Banking
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
6%
1-4 years
43%
5-9 years
26%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 76%
vision benefits Vision: 68% employee benefits None: 12%