How much does a Power Trader make in Skokie, IL? The average Power Trader salary in Skokie, IL is $114,609 as of August 27, 2024, but the range typically falls between $100,749 and $137,938. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Power Trader Salary | $88,130 | Skokie,IL | August 27, 2024 |
25th Percentile Power Trader Salary | $100,749 | Skokie,IL | August 27, 2024 |
50th Percentile Power Trader Salary | $114,609 | Skokie,IL | August 27, 2024 |
75th Percentile Power Trader Salary | $137,938 | Skokie,IL | August 27, 2024 |
90th Percentile Power Trader Salary | $159,177 | Skokie,IL | August 27, 2024 |
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.
Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.
Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.
Data Management: Data Management comprises all disciplines related to managing data as a valuable resource. The concept of data management arose in the 1980s as technology moved from sequential processing (first cards, then tape) to random access storage. Since it was now possible to store a discreet fact and quickly access it using random access disk technology, those suggesting that data management was more important than business process management used arguments such as "a customer's home address is stored in 75 (or some other large number) places in our computer systems." However, during this period, random access processing was not competitively fast, so those suggesting "process management" was more important than "data management" used batch processing time as their primary argument. As software applications evolved into real-time, interactive usage, it became obvious that both management processes were important. If the data was not well defined, the data would be mis-used in applications. If the process wasn't well defined, it was impossible to meet user needs.
Skill | Salary | Demand |
---|---|---|
Scheduling
|
$118,047 |
3%
|
Economics
|
$118,047 |
3%
|
Trading
|
$116,901 |
2%
|
Wholesale
|
$116,901 |
2%
|
Wholesale
|
$116,901 |
2%
|
Wholesale
|
$116,901 |
2%
|
What Should I Pay?
Power Trader is responsible for the purchase and sale of energy. Monitors energy levels and reports needs or excesses and conducts market analysis to identify fluctuations in cost and availability of power sources. Being a Power Trader requires knowledge of energy trading markets and trading practices. May require a bachelor's degree in area of specialty. Additionally, Power Trader typically reports to a manager or head of a unit/department. To be a Power Trader typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)... View full job description
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A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Power Trader, the upper level is Power Trader, Sr. and then progresses to Power & Fuel Trading Director.
Salary.com's CompAnalyst platform offers:
Power Trader salary varies from city to city. Compared with national average salary of Power Trader, the highest Power Trader salary is in San Francisco, CA, where the Power Trader salary is 25.0% above. The lowest Power Trader salary is in Miami, FL, where the Power Trader salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Power & Fuel Marketing Director | Experience 8 + | EducationBachelors | Salary Compared to This Job |
Job Title Power & Fuel Trading Director | Experience 8 + | EducationBachelors | Salary Compared to This Job |
Job Title Power Plant Operator I | Experience 0 - 1 | EducationAssociates | Salary Compared to This Job |
Job Title Power Plant Operator II | Experience 1 - 3 | EducationAssociates | Salary Compared to This Job |
Job Title Power Plant Operator III | Experience 3 - 5 | EducationAssociates | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the Power Trader salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Power Trader salary varies from category to category. Click below to see Power Trader salary in different categories.
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Core compensation
Includes base and annual incentives
About Skokie, Illinois According to the 2010 census, Skokie has a total area of 10.06 square miles (26.06 km2), all land. The village is bordered by Evanston to the east, C....More
Skokie, Illinois area prices were up 0.8% from a year ago View the Cost of Living in Skokie, Illinois
Power Trader Salary in popular cities: Chicago, Aurora, Rockford
Skills associated with Power Trader: Execute orders, Energy Trading, Market Analysis
Salary estimation for Power Trader at companies like : Spc Holdings LLC, Earth Resource Co, AUDIOLOGICAL ASSOCIATES, INC.:: Virginia( LLC