As of March 01, 2025, the average annual salary for a Floor Broker in Salem, MA is $201,187. Salary.com reports that pay typically ranges from $152,315 to $235,198, with most professionals earning between $107,819 and $266,163.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $210,186 | $17,515 | $4,042 | $101 |
| Average | $179,792 | $14,983 | $3,458 | $86 |
| 25th Percentile | $136,117 | $11,343 | $2,618 | $65 |
An entry-level Floor Broker with under 1 year experience makes about $177,571. With less than 2 years of experience, a mid-level Floor Broker makes around $181,183. After 2-4 years, the Floor Broker pay rises to about $190,575. Those senior Floor Broker with 5-8 years of experience earn roughly $202,763, and those Floor Broker having 8 years or more experience are expected to earn about $214,325 on average.
| Levels | Salary |
|---|---|
| Entry Level Floor Broker | $177,571 |
| Intermediate Level Floor Broker | $181,183 |
| Senior Level Floor Broker | $190,575 |
| Specialist Level Floor Broker | $202,763 |
| Expert Level Floor Broker | $214,325 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 6% |
| Top Level | 13% |
| Experienced | 19% |
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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
|
$219,294 |
9%
|
|
Cross-Selling
|
$217,282 |
8%
|
|
Diversity and Inclusion
|
$217,282 |
8%
|
|
Financial Services
|
$213,259 |
6%
|
|
Brokerage
|
$209,235 |
4%
|
|
Products and Services
|
$209,235 |
4%
|
