Other Financial Vehicles — Average Employee Salary
The average employee in the other financial vehicles industry earns $224,605 per year ($107.98/hour), according to Bureau of Labor Statistics QCEW data.
What Do Other Financial Vehicles Workers Earn?
At $224,605/year (equivalent to $107.98/hour for a full-time worker), other financial vehicles wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical other financial vehicles business employs 3 people. Most operations are small — often owner-operated with a handful of staff. Labor costs are manageable relative to revenue.
Wages as a Percentage of Revenue
For the average other financial vehicles business generating $2.4M/year with 3 employees at $224,605 each, total payroll represents roughly 27.9% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a other financial vehiclesbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $291,987/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 3 employees = ~$673,815/year in base payroll.
- Hourly equivalent: $107.98/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $2.4M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Other Financial Vehicles revenue benchmarks →Frequently Asked Questions
- How much do other financial vehicles employees make?
- The average other financial vehicles employee earns $224,605 per year, which is equivalent to $107.98/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the other financial vehicles industry?
- The other financial vehicles industry employs 10,973 workers across 3,328 establishments in the United States. The average business in this industry has approximately 3 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).