Financial Services Specialist Salary

It's impossible to make it big as a Financial Services Specialists in the United States; the average employee scrapes together only around $37K per year. With bonuses and profit sharing proceeds each occasionally running north of $6K and a few commissions that surpass $17K, total incomes for Financial Services Specialists generally vary between $29K and $52K according to individual performance. The most influential factor affecting pay for this group is location, though career length and the specific company have a (lesser) impact as well. Most Financial Services Specialists report high levels of job satisfaction. Women Financial Services Specialists who took the survey just slightly outnumber men. Medical benefits are awarded to a large number, and most earn dental coverage. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$28,903 - $53,328
(Median)
$29K
$37K
$53K
MEDIAN: $37,385
10%
50%
90%

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$11.92 - $20.58
(Median)
$12
$16
$21
MEDIAN: $16.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18K$36K$54K
Salary
$28,903 - $53,328  
   
Bonus
$0.00 - $6,046  
Profit Sharing
$-0.50 - $6,061  
Commission
$0.00 - $16,886  
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).
)
$28,522 - $51,520  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 210
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$11.92 - $20.58  
   
Overtime
$9.56 - $36.66  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$0.00 - $6,046  
   
Commission
$0.00 - $16,886  
Profit Sharing
$-0.50 - $6,061  
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).
)
$28,522 - $51,520  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 113
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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


Department of Social and Health Services leads the field in terms of pay, with a median salary of $36K.

Regions Financial Corporation offers the least pay with a median salary of $32K; furthermore, salaries there max out at only $40K.

Popular Skills for Financial Services Specialist


Survey results suggest that Financial Services Specialists use a fairly large toolkit of professional skills. Most notably, skills in Microsoft Excel, Data Entry, Customer Service, and Data Analysis are correlated to pay that is above average. At the other end of the pay range are skills like Sales, Banking, and Financial Analysis. Most people skilled in Customer Service are similarly competent in Banking.

Pay by Experience Level for Financial Services Specialist

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


Salaries of relatively inexperienced workers fall in the neighborhood of $34K, but folks who have racked up five to 10 years see a notably higher median of $41K. Financial Services Specialists with one to two decades of relevant experience report an average salary of approximately $39K. Average wages for folks with more than 20 years of experience come out to around $43K.

Related Job Salaries

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Experience Affects Financial Services Specialist Salaries

Late-Career
up arrow 19%



National Average
$37,000


Skills That Affect Financial Services Specialist Salaries

Microsoft Excel
up arrow 5%

Data Entry
up arrow 3%

National Average
$37,000

Customer Service
up arrow 1%

Data Analysis
up arrow 2%

Financial Analysis
up arrow 4%

up arrow 7%

Banking
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 46 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
9%
1-4 years
44%
5-9 years
24%
10-19 years
16%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 80%
medical benefits
Vision: 73%
dental benefits
None: 10%
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