Finance & Insurance Industry Pay Trends

Updated

The finance industry encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accounting companies, consumer-finance companies, stock brokerages, investment funds and some government-sponsored enterprises. Financial and insurance companies are present in all economically developed geographic locations and tend to cluster in local, national, regional and international financial centers.

Wage Growth for Finance & Insurance, Q4 2018

1.3%

since last quarter

2.4%

year over year

15.4%

since 2006

SEE METHODOLOGY

The PayScale Index: Finance & Insurance (US)20172018% Change Since 200610.0%10.5%11.0%11.5%12.0%12.5%13.0%13.5%14.0%14.5%15.0%15.5%16.0%) Finance & Insurance© 2019 PayScale, Inc.

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Methodology for The PayScale Index: Trends in Compensation

The PayScale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The PayScale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.