As of March 01, 2025, the average annual salary for a Floor Broker in Newark, NJ is $180,486. Salary.com reports that pay typically ranges from $152,495 to $204,889, with most professionals earning between $127,010 and $227,107.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $181,318 | $15,110 | $3,487 | $87 |
| Average | $159,722 | $13,310 | $3,072 | $77 |
| 25th Percentile | $134,951 | $11,246 | $2,595 | $65 |
An entry-level Floor Broker with under 1 year experience makes about $167,952. With less than 2 years of experience, a mid-level Floor Broker makes around $170,041. After 2-4 years, the Floor Broker pay rises to about $175,473. Those senior Floor Broker with 5-8 years of experience earn roughly $183,035, and those Floor Broker having 8 years or more experience are expected to earn about $191,413 on average.
| Levels | Salary |
|---|---|
| Entry Level Floor Broker | $167,952 |
| Intermediate Level Floor Broker | $170,041 |
| Senior Level Floor Broker | $175,473 |
| Specialist Level Floor Broker | $183,035 |
| Expert Level Floor Broker | $191,413 |
| Entry Level | 5% |
| Mid Level | 6% |
| Senior Level | 10% |
| Top Level | 15% |
| Experienced | 20% |
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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.
Communication Skills: Communication skills are your ability to share or understand information, ideas, and feelings successfully.
Brokerage: A brokerage provides intermediary services in various areas, e.g., investing, obtaining a loan, or purchasing real estate.
Diversity and Inclusion: Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
| Skill | Salary | Demand |
|---|---|---|
|
Initiative
|
$196,730 |
9%
|
|
Cross-Selling
|
$194,925 |
8%
|
|
Diversity and Inclusion
|
$194,925 |
8%
|
|
Financial Services
|
$191,315 |
6%
|
|
Brokerage
|
$187,705 |
4%
|
|
Products and Services
|
$187,705 |
4%
|
