$110,881 / year
Salary Range: $99,520 - $121,736
Project Management
$109,528 / year
Salary Range: $95,652 - $121,746
Consulting
$83,887 / year
Salary Range: $74,784 - $93,437
Administrative Support
$37,051 / year
Salary Range: $34,421 - $40,657
-
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Veltex | $110,448 |
+5.6%
|
Data suggests Veltex's workforce skews heavily towards veteran, high-tenure roles. |
| Geller & Co | $126,027 |
+20.5%
|
Supported by Geller & Co's high-margin contracts allowing higher overhead. |
| Bank of Ann Arbor | $106,050 |
+1.4%
|
Confirms Bank of Ann Arbor is a direct competitor vying for the exact same talent pool. |
| NewEdge Capital Group LLC | $112,399 |
+7.5%
|
Reflects structural premiums typical of NewEdge Capital Group LLC's large-cap national operations. |
| Financial Services Industry | $121,514 |
+16.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$110,448 / year
Salary Range: $96,776 - $125,353
Chicago, IL
$126,027 / year
Salary Range: $110,430 - $143,034
New York City, NY
$106,050 / year
Salary Range: $92,918 - $120,354
Ann Arbor, MI
$112,399 / year
Salary Range: $98,435 - $127,670
Pittsburgh, PA
$122,241 / year
Salary Range: $107,131 - $138,718
New York City, NY
$106,007 / year
Salary Range: $92,900 - $120,293
Apple Valley, MN
$103,687 / year
Salary Range: $90,847 - $117,671
Denver, CO
$99,942 / year
Salary Range: $87,567 - $113,428
Miami, FL
$118,475 / year
Salary Range: $103,804 - $134,462
Boston, MA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,000 - $1,500+ | A significant portion of Major Financial salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $580 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,330 - $3,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Major Financial is approximately $104,583. However, this is an aggregate figure, actual salaries can range significantly, typically from $91,626 to $118,683, depending on factors like job role, experience, and location.
The average annual salary at Major Financial is $104,583, or an hourly wage of $50, in comparison to Veltex which pays $110,448 per year or $53 per hour.
The lowest-paying job at Major Financial is a Member Service Representative with a salary of $37,051 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Major Financial for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Major Financial, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Major Financial, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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