As of March 01, 2025, the average annual salary for an Instructor - Economics in Elgin, IL is $68,484. Salary.com reports that pay typically ranges from $57,340 to $92,599, with most professionals earning between $47,194 and $114,554.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $89,727 | $7,477 | $1,726 | $43 |
| Average | $66,361 | $5,530 | $1,276 | $32 |
| 25th Percentile | $55,562 | $4,630 | $1,069 | $27 |
An entry-level Instructor - Economics with under 1 year experience makes about $64,174. With less than 2 years of experience, a mid-level Instructor - Economics makes around $64,503. After 2-4 years, the Instructor - Economics pay rises to about $69,578. Those senior Instructor - Economics with 5-8 years of experience earn roughly $79,553, and those Instructor - Economics having 8 years or more experience are expected to earn about $80,266 on average.
| Levels | Salary |
|---|---|
| Entry Level Instructor - Economics | $64,174 |
| Intermediate Level Instructor - Economics | $64,503 |
| Senior Level Instructor - Economics | $69,578 |
| Specialist Level Instructor - Economics | $79,553 |
| Expert Level Instructor - Economics | $80,266 |
| Entry Level | 3% |
| Mid Level | 3% |
| Senior Level | 5% |
| Top Level | 20% |
| Experienced | 21% |
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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.
Commitment: An agreement or pledge to do something in the future a commitment to improve conditions at the prison especially : an engagement to assume a financial obligation at a future date.
Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period
Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.
| Skill | Salary | Demand |
|---|---|---|
|
Pediatric
|
$84,236 |
23%
|
|
Patient Care
|
$80,812 |
18%
|
|
Programming
|
$75,333 |
10%
|
|
Organizational Skills
|
$73,278 |
7%
|
|
Facilitation
|
$72,594 |
6%
|
|
Chemistry
|
$71,909 |
5%
|
