As of March 01, 2025, the average annual salary for a Police Lieutenant in Waterford, MI is $108,070. According to Salary.com, salaries can range from a low of $80,826 to a high of $135,053, with most professionals earning between $93,810 and $122,194.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $121,224 | $10,102 | $2,331 | $58 |
| Average | $107,212 | $8,934 | $2,062 | $52 |
| 25th Percentile | $93,065 | $7,755 | $1,790 | $45 |
An entry-level Police Lieutenant with under 1 year experience makes about $102,749. With less than 2 years of experience, a mid-level Police Lieutenant makes around $103,387. After 2-4 years, the Police Lieutenant pay rises to about $104,877. Those senior Police Lieutenant with 5-8 years of experience earn roughly $106,580, and those Police Lieutenant having 8 years or more experience are expected to earn about $108,491 on average.
| Levels | Salary |
|---|---|
| Entry Level Police Lieutenant | $102,749 |
| Intermediate Level Police Lieutenant | $103,387 |
| Senior Level Police Lieutenant | $104,877 |
| Specialist Level Police Lieutenant | $106,580 |
| Expert Level Police Lieutenant | $108,491 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 1% |
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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.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Community Health: Community health refers to simple health services that are delivered by laymen outside hospitals and clinics.
Financial Management: Financial management focuses on ratios, equities and debts. It is useful for portfolio management,distribution of dividend,capital raising,hedging and looking after fluctuations in foreign currency and product cycles.Financial managers are the people who will do research and based on the research, decide what sort of capital to obtain in order to fund the company's assets as well as maximizing the value of the firm for all the stakeholders. It also refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of the 'Staff' in overall of a company. It has been defined differently by different experts in the field. The term typically applies to an organization or company's financial strategy, while personal finance or financial life management refers to an individual's management strategy. It includes how to raise the capital and how to allocate capital, i.e. capital budgeting. Not only for long term budgeting, but also how to allocate the short term resources like current liabilities. It also deals with the dividend policies of the share holders.
| Skill | Salary | Demand |
|---|---|---|
|
Procurement
|
$132,926 |
23%
|
|
Project Management
|
$127,522 |
18%
|
|
Strategic Planning
|
$125,361 |
16%
|
|
Financial Management
|
$123,199 |
14%
|
|
Program Management
|
$123,199 |
14%
|
|
Public Administration
|
$122,119 |
13%
|
