As of May 01, 2025, the average annual salary for a Financial Associate (Public) I in Somerville, MA is $76,282. According to Salary.com, salaries can range from a low of $56,328 to a high of $91,512, with most professionals earning between $65,837 and $84,254.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $84,254 | $7,021 | $1,620 | $41 |
| Average | $76,282 | $6,357 | $1,467 | $37 |
| 25th Percentile | $65,837 | $5,486 | $1,266 | $32 |
An entry-level Financial Associate (Public) I with under 1 year experience makes about $75,503. With less than 2 years of experience, a mid-level Financial Associate (Public) I makes around $76,282. After 2-4 years, the Financial Associate (Public) I pay rises to about $77,710. Those senior Financial Associate (Public) I with 5-8 years of experience earn roughly $78,662, and those Financial Associate (Public) I having 8 years or more experience are expected to earn about $78,900 on average.
| Levels | Salary |
|---|---|
| Entry Level Financial Associate (Public) I | $75,503 |
| Intermediate Level Financial Associate (Public) I | $76,282 |
| Senior Level Financial Associate (Public) I | $77,710 |
| Specialist Level Financial Associate (Public) I | $78,662 |
| Expert Level Financial Associate (Public) I | $78,900 |
| Entry Level | 10% |
| Mid Level | 12% |
| Senior Level | 14% |
| Top Level | 15% |
| Experienced | 15% |
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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.
Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
Business Administration: It is the management of all aspects of a business's performance, decisions, and organization. It includes the day to day operations, aspects including finances and human resources, and ensures the company stays aligned to the goal or mission.
| Skill | Salary | Demand |
|---|---|---|
|
Commitment
|
$86,962 |
14%
|
|
Partnering
|
$86,962 |
14%
|
|
Budgeting
|
$86,199 |
13%
|
|
Analytical Skills
|
$83,910 |
10%
|
|
Critical Thinking
|
$83,910 |
10%
|
|
Data Management
|
$82,385 |
8%
|
