ERM Salary in Minnesota

How much does an ERM earn in Minnesota

As of May 28, 2024, an ERM in Minnesota earns an average salary of $264,529 per year.
An ERM's salary in Minnesota can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $127 an hour or $5,087/week or $22,044/month.
The average salary of an ERM ranges from $224,334 to $314,548. The average salary range for an ERM varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Minnesota is ranked 13th out of 51 states nationwide for ERM salaries. Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for ERM jobs, with more online, real-time compensation data than any other website.

What is the Average ERM Salary by City in Minnesota?

Below is a list of the average salaries for an ERM in 10 cities in Minnesota. We've identified 124 cities where the typical salary for an ERM job is above the average in Minnesota. The top-paid city for ERM is Hopkins and the average salary for an ERM job is earned $274,355 which is higher than the average in Minnesota.
This is followed by Mendota and Minneapolis in second and third places, which beat the average in Minnesota by $9,826(3.71%) and $9,826(3.71%) respectively. In fourth place is Minnetonka with a salary of $274,355, which is higher than the Minnesota average salary. Saint Paul and Osseo continue the rankings.
Based on the summary of average salaries paid by cities in Minnesota, the ERM job market in Hopkins is relatively active with a higher salary paid to compare to other cities in Minnesota.
Finally, ERM jobs pay differently by city, even if they are in Minnesota. The cost of living might be a key factor when considering the location and salary of an ERM position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
Hopkins $274,355 $22,863 $5,276 $132
Mendota $274,355 $22,863 $5,276 $132
Minneapolis $274,355 $22,863 $5,276 $132
Minnetonka $274,355 $22,863 $5,276 $132
Saint Paul $274,355 $22,863 $5,276 $132
Osseo $274,097 $22,841 $5,271 $132
Circle Pines $273,838 $22,820 $5,266 $132
Eden Prairie $273,838 $22,820 $5,266 $132
Navarre $273,838 $22,820 $5,266 $132
South Saint Paul $273,838 $22,820 $5,266 $132

What Similar Jobs are Paid to ERM in Minnesota?

There are 3 jobs that we find are related to the ERM job category,these similar jobs include Erm Analyst,ERM Issue Management Manager,and Senior Director ERM Strategic Functions and Response.
All of these 3 jobs are paid between $81,308 to $272,310, and the Senior Director ERM Strategic Functions and Response gets the highest paid with $272,310 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the ERM, you could refer to the below list of job salaries based on market prices in Minnesota.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Erm Analyst $81,308 $6,776 $1,564 $39
ERM Issue Management Manager $128,793 $10,733 $2,477 $62
Senior Director ERM Strategic Functions and Response $272,310 $22,693 $5,237 $131