The salary of a Direct Sales Representative (Banking) in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of March 01, 2025, the average annual salary for a Direct Sales Representative (Banking) in the United States is $70,896. According to Salary.com, salaries can range from a low of $48,086 to a high of $98,207, with most professionals earning between $58,957 and $85,192.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $85,192 | $7,099 | $1,638 | $41 |
| Average | $70,896 | $5,908 | $1,363 | $34 |
| 25th Percentile | $58,957 | $4,913 | $1,134 | $28 |
An entry-level Direct Sales Representative (Banking) with less than 1 year of experience earns about $66,370. With 1-2 years of experience, the average salary increases to $66,723. For 2-4 years of experience, the pay typically rises to $71,312. Senior-level professionals with 5-8 years of experience earn around $77,232, and those with over 8 years of experience can expect an average of $77,654.
| Levels | Salary |
|---|---|
| Entry Level Direct Sales Representative (Banking) | $66,370 |
| Intermediate Level Direct Sales Representative (Banking) | $66,723 |
| Senior Level Direct Sales Representative (Banking) | $71,312 |
| Specialist Level Direct Sales Representative (Banking) | $77,232 |
| Expert Level Direct Sales Representative (Banking) | $77,654 |
| Entry Level | 6% |
| Mid Level | 6% |
| Senior Level | 1% |
| Top Level | 9% |
| Experienced | 10% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Direct Sales Representative (Banking) compensation over the past six years. For example, the median salary increased from $66,481 in 2023 to approximately $67,376 in 2024. (For a detailed analysis of Direct Sales Representative (Banking) salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Direct Sales Representative (Banking) information for you to search for. Click on search button below to see Direct Sales Representative (Banking) job openings or enter a new job title here.
Here are companies hiring for Direct Sales Representative (Banking) and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $70,896 | 57.5% | ||
| Bonus | $18,676 | 15.1% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $6,852 | 5.6% | ||
| 401K/403B | $4,210 | 3.4% | ||
| Disability | $717 | 0.6% | ||
| Healthcare | $6,056 | 4.9% | ||
| Pension | $4,926 | 4.0% | ||
| Time Off | $11,024 | 8.9% | ||
| Total Compensation | $123,358 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.3% |
| High School | 25.3% |
| Associates | 11.4% |
| Bachelors | 57.0% |
| Masters | 3.8% |
| Doctorate | 1.3% |
What Am I Worth?
The average annual salary of Direct Sales Representative (Banking) is $70,896. In case you are finding an easy salary calculator, the average hourly pay of Direct Sales Representative (Banking) is $34; the average weekly pay of Direct Sales Representative (Banking) is $1,363; the average monthly pay of Direct Sales Representative (Banking) is $5,908.
A Direct Sales Representative (Banking)'s earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Direct Sales Representative (Banking) earns the most in San Jose, CA, where the annual salary of a Direct Sales Representative (Banking) is $88,975.
The highest pay for Direct Sales Representative (Banking) is $98,207.
The lowest pay for Direct Sales Representative (Banking) is $48,086.
Direct Sales Representative (Banking) develops new business prospects in specific geographic areas through cold calls. Interacts with existing customers to increase sales of the bank's products and services. Being a Direct Sales Representative (Banking) requires a high school diploma or equivalent. Typically reports to a supervisor or manager. The Direct Sales Representative (Banking) works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Direct Sales Representative (Banking) typically requires 1-3 years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Strategic Communication: Strategic communication refers to policy-making and guidance for consistent information activity within an organization and between organizations.
Transaction Processing: Transaction processing is information processing in computer science that is divided into individual, indivisible operations called transactions.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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