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Financial Dealer and Broker Average Salary in Vermont 2024

How much money does a person working as Financial Dealer and Broker make in Vermont?


Average Yearly Salary
65,000 USD
( 5,410 USD monthly)

LOW
31,200
USD
AVERAGE
65,000
USD
HIGH
102,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Financial Dealer and Broker in Vermont typically earns around 65,000 USD. Salaries range from 31,200 USD (lowest) to 102,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Financial Dealer and Broker salaries in Vermont vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Financial Dealer and Broker Pay Scale and Salaries in Vermont

Median and salary distribution Vermont Financial Dealer and Broker yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
60,700 USD or more
10% of people earn
53,500 to 60,700 USD
20% of people earn
37,600 USD or less
65% of people earn
37,600 to 53,500 USD
Minimum Salary
31,200 USD
Median
61,100 USD
Maximum
102,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Financial Dealer and Broker in Vermont range from 31,200 USD (starting salary) to 102,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 61,100 USD, half of the professionals who work as Financial Dealer and Broker in Vermont earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Financial Dealer and Broker in Vermont earn less than 49,700 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 70,000 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Financial Dealer and Broker in Vermont compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 37,600 USD to 53,500 USD. About 20% of salaries are below the 37,600 USD mark, while 10% fall within the range of 53,500 USD to 60,700 USD. Only 5% of individuals have salaries exceeding 60,700 USD.

Salary Comparison by Years of Experience / Financial Dealer and Broker / Vermont

How do experience and age affect pay?

0 - 2 Years
36,500 USD
2 - 5 Years+42%
51,700 USD
5 - 10 Years+32%
68,000 USD
10 - 15 Years+23%
83,600 USD
15 - 20 Years+6%
88,900 USD
20+ Years+10%
97,400 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Vermont Financial Dealer and Broker
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Financial Dealer and Broker and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 36,500 USD.

While someone with an experience level between two and five years is expected to earn 51,700 USD, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 68,000 USD, 32% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 83,600 USD, 23% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 88,900 USD, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 97,400 USD, 10% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Financial Dealer and Broker / Vermont

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Financial Dealer and Broker.

High School
45,300 USD
Certificate or Diploma+16%
52,400 USD
Bachelor's Degree+46%
76,500 USD
Master's Degree+23%
94,200 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Vermont Financial Dealer and Broker
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Financial Dealer and Broker in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 45,300 USD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 52,400 USD, 16% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 76,500 USD, 46% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 94,200 USD, 23% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Financial Dealer and Broker / Vermont

Salary comparison by gender United States Financial Dealer and Broker yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Financial Dealer and Broker in United States, the average difference between the salary of male and female employees is 5%.

Male
75,200 USD
Female-5%
71,700 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Financial Dealer and Broker / Vermont

How much are annual salary increments in Vermont for individuals working as Financial Dealer and Broker? How often do employees get salary raises?

Individuals working as Financial Dealer and Broker in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Financial Dealer and Broker
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Financial Dealer and Broker / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Financial Dealer and Broker
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Financial Dealer and Broker / Vermont


31 USD per hour

The average hourly wage (pay per hour) for individuals working as Financial Dealer and Broker in Vermont is 31 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Financial Dealer and Broker in Vermont is 15 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner46,400 USD-29%
Account Executive73,400 USD+13%
Accountant60,500 USD-7%
Accounting Analyst76,900 USD+18%
Accounting Assistant47,900 USD-26%
Accounting Associate41,900 USD-36%
Accounting Clerk36,500 USD-44%
Accounting Coordinator55,700 USD-14%
Accounting Head116,000 USD+79%
Accounting Manager123,000 USD+89%
Accounting Officer46,900 USD-28%
Accounting Specialist78,600 USD+21%
Accounting Supervisor82,100 USD+26%
Accounting Technician42,400 USD-35%
Accounting Unit Controller106,000 USD+63%
Accounts Executive78,600 USD+21%
Accounts Officer46,000 USD-29%
Accounts Payable and Receivable Specialist60,900 USD-6%
Accounts Payable Assistant50,200 USD-23%
Accounts Payable Associate53,700 USD-17%
Accounts Payable Clerk43,700 USD-33%
Accounts Payable Manager118,000 USD+82%
Accounts Receivable Administrator88,200 USD+36%
Accounts Receivable Clerk44,800 USD-31%
Accounts Receivable Financial Analyst83,400 USD+28%
Accounts Receivable Manager118,000 USD+82%
Accounts Receivable Team Leader88,200 USD+36%
Algorithmic Trading Specialist105,000 USD+62%
Assistant Accountant45,500 USD-30%
Assistant Accounting Manager108,000 USD+66%
Assistant Auditor63,000 USD-3%
Assistant Corporate Controller80,200 USD+23%
Assistant Finance Manager129,000 USD+99%
Assistant Financial Controller79,200 USD+22%
Audit Director133,000 USD+100%
Audit Supervisor107,000 USD+65%
Auditing Clerk46,000 USD-29%
Auditing Manager128,000 USD+97%
Billing Clerk46,000 USD-29%
Billing Coordinator55,700 USD-14%
Billing Specialist63,700 USD-2%
Billing Supervisor88,000 USD+35%
Bookkeeper38,400 USD-41%
Bookkeeping Specialist57,800 USD-11%
Budget Analyst102,000 USD+57%
Budget Manager123,000 USD+89%
Business Support Analyst71,100 USD+9%
Capital Markets Associate90,400 USD+39%
Cash Flow Analyst91,200 USD+40%
Cash Management Manager121,000 USD+86%
Cash Management Officer71,000 USD+9%
Cashbook Clerk40,300 USD-38%
Chartered Accountant79,800 USD+23%
Chief Accountant91,300 USD+41%
Chief Financial Technology Officer129,000 USD+99%
Collections Clerk35,500 USD-45%
Collections Representative50,100 USD-23%
Collections Specialist61,400 USD-5%
Corporate Controller93,200 USD+43%
Corporate Treasurer115,000 USD+77%
Cost Accountant62,700 USD-3%
Cost Accounting Manager121,000 USD+86%
Cost Accounting Supervisor98,400 USD+51%
Cost Analyst98,200 USD+51%
Credit and Collection Manager119,000 USD+83%
Credit and Collection Staff46,000 USD-29%
Credit and Loans Officer45,100 USD-31%
Credit Controller83,800 USD+29%
Credit Manager131,000 USD+100%
Debt Adviser102,000 USD+57%
Debt Collector50,400 USD-22%
Debtors Clerk39,900 USD-39%
Debtors Controller46,900 USD-28%
Deputy CFO168,000 USD+160%
Deputy Head of Finance172,000 USD+160%
Derivative Trader102,000 USD+57%
Director of Finance176,000 USD+170%
E-commerce Accountant65,200 USD+0%
Economist138,000 USD+110%
Equity Analyst112,000 USD+72%
Escrow Assistant51,600 USD-21%
Executive Accountant66,200 USD+2%
External Auditor87,100 USD+34%
Finance Administrator72,000 USD+11%
Finance Analyst112,000 USD+72%
Finance Associate54,300 USD-16%
Finance Data Analyst97,200 USD+50%
Finance Director186,000 USD+190%
Finance Executive132,000 USD+100%
Finance Licensing Clerk41,600 USD-36%
Finance Licensing Manager111,000 USD+71%
Finance Licensing Specialist63,900 USD-2%
Finance Manager162,000 USD+150%
Finance Officer55,700 USD-14%
Finance President183,000 USD+180%
Finance Relationship Manager143,000 USD+120%
Finance Release Analyst66,900 USD+3%
Finance Specialist97,000 USD+49%
Finance Team Leader 139,000 USD+110%
Financial Accountant63,000 USD-3%
Financial Actuary93,900 USD+45%
Financial Administrator100,000 USD+54%
Financial Advisor108,000 USD+66%
Financial Analyst110,000 USD+69%
Financial Applications Specialist72,400 USD+11%
Financial Assistant47,200 USD-27%
Financial Associate57,300 USD-12%
Financial Claims Analyst77,300 USD+19%
Financial Claims Manager104,000 USD+60%
Financial Claims Supervisor97,400 USD+50%
Financial Clerk46,800 USD-28%
Financial Commercial Analyst89,400 USD+38%
Financial Compliance Analyst94,500 USD+45%
Financial Compliance Officer96,400 USD+48%
Financial Consultant83,800 USD+29%
Financial Controller94,400 USD+45%
Financial Coordinator53,300 USD-18%
Financial Customer Service Manager106,000 USD+63%
Financial Data Scientist115,000 USD+77%
Financial Dealer and Broker65,000 USD+0%
Financial Director176,000 USD+170%
Financial Encoder53,600 USD-17%
Financial Manager161,000 USD+150%
Financial Modelling Analyst112,000 USD+72%
Financial Operations Manager149,000 USD+130%
Financial Policy Analyst97,100 USD+49%
Financial Project Manager126,000 USD+94%
Financial Quantitative Analyst107,000 USD+65%
Financial Reporting Consultant85,900 USD+32%
Financial Reporting Manager120,000 USD+85%
Financial Section Head117,000 USD+80%
Financial Services Manager161,000 USD+150%
Financial Services Sales Agent63,300 USD-3%
Financial Technology Consultant99,200 USD+53%
Financial Wellness Coach118,000 USD+82%
FinTech Analyst101,000 USD+55%
Fixed Assets Administrator60,700 USD-7%
Forensic Accountant72,000 USD+11%
Fraud Detection Supervisor72,100 USD+11%
Fraud Prevention Manager121,000 USD+86%
Fund Accountant57,300 USD-12%
Grants Coordinator43,200 USD-34%
Green Finance Analyst90,000 USD+39%
Group Financial Manager181,000 USD+180%
Internal Auditor84,100 USD+29%
Internal Control Adviser92,000 USD+42%
Internal Control Officer51,600 USD-21%
International Tax Director150,000 USD+130%
Inventory Accountant60,700 USD-7%
Investment Advisor162,000 USD+150%
Investment Analyst121,000 USD+86%
Investment Associate103,000 USD+59%
Investment Broker104,000 USD+60%
Investment Fund Manager139,000 USD+110%
Investment Operations Manager140,000 USD+120%
Investment Underwriter53,400 USD-18%
Investor81,100 USD+25%
Investor Relations Manager116,000 USD+79%
KYC Team Leader121,000 USD+86%
Loan Processor50,500 USD-22%
Management Accountant69,000 USD+6%
Management Economist134,000 USD+110%
Paymaster50,000 USD-23%
Payroll Administrator78,700 USD+21%
Payroll Benefits Coordinator64,100 USD-1%
Payroll Billing Manager107,000 USD+65%
Payroll Clerk52,700 USD-19%
Payroll Manager112,000 USD+72%
Payroll Officer51,800 USD-20%
Payroll Specialist62,700 USD-3%
Payroll Supervisor78,900 USD+21%
Pensions Administrator60,900 USD-6%
Personal Financial Advisor92,800 USD+43%
Pricing Analyst101,000 USD+55%
Private Equity Analyst103,000 USD+59%
Project Accountant66,500 USD+2%
Proposal Development Coordinator51,100 USD-21%
Quantitative Trader86,300 USD+33%
Receivables Accountant53,200 USD-18%
Regulatory Accountant66,400 USD+2%
Retirement Plan Analyst93,200 USD+43%
Revenue Management Specialist98,200 USD+51%
Revenue Recognition Analyst117,000 USD+80%
Risk Management Director141,000 USD+120%
Risk Management Supervisor118,000 USD+82%
Staff Accountant58,700 USD-10%
Tax Accountant54,400 USD-16%
Tax Administrator67,100 USD+3%
Tax Advisor95,800 USD+47%
Tax Analyst87,700 USD+35%
Tax Associate49,500 USD-24%
Tax Consultant92,500 USD+42%
Tax Director136,000 USD+110%
Tax Examiner64,200 USD-1%
Tax Manager123,000 USD+89%
Tax Research Manager124,000 USD+91%
Teller36,700 USD-44%
Treasury Accountant63,000 USD-3%
Treasury Analyst101,000 USD+55%
Underwriter42,700 USD-34%
Underwriting Assistant40,600 USD-38%
Vice President of Finance160,000 USD+150%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Financial Dealer and Broker in Vermont?

A good and competitive compensation would range anywhere between 61,100 USD and 70,000 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Financial Dealer and Broker in Vermont ranges from 31,200 USD to 49,700 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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