






 
 |
Banking & Finance
Administration
How much
can I expect to earn?
In
general, greater responsibilities result in a higher salary. Experience,
length of service, and, especially, the location and size of the bank
also are important. In addition to typical benefits, equity sharing and
performance-based pay increasingly are part of compensation packages for
some bank employees. As banks encourage employees to become more
sales-oriented, incentives are increasingly tied to meeting sales goals,
and some workers may even receive commissions for sales or referrals. As
in other industries, part-time workers do not enjoy the same benefits
that full-time workers do.
U.S. Department of Labor - Bureau of Labor Statistics
|
Median hourly earnings of the largest occupations in
financial services firms as of May 2004 |
|
Occupation |
Earnings |
|
Financial managers |
$31.02 |
|
Loan officers |
21.38 |
|
First-line supervisors/managers of office
and administrative support workers |
17.78 |
|
Executive secretaries and administrative
assistants |
16.52 |
|
Loan interviewers and clerks |
13.13 |
|
New accounts clerks |
12.84 |
|
Customer service representatives |
12.57 |
|
Bookkeeping, accounting, and auditing
clerks |
12.33 |
|
Office clerks, general |
11.21 |
|
Tellers |
10.17 |
|