Average Financial Advisor with Financial Advisor Skills Salary in Melbourne, Victoria
The average annual salary of Financial Advisor is $83,011.00
The starting salary of Financial Advisor is between $47,277.00 and $55,620.00 whereas the maximum salary range is between $113,420.00 and $130,433.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$47,277.00 | $130,433.00 |
The average hourly pay of Financial Advisor is $40.81.
The maximum hourly wage is between $42.51 and $49.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$0.00 | $49.00 |
- Currency : AUD
- Annual Salary : $83,011.00
- Hourly Pay : $40.81
- Weekly Pay : $1,465.00
- Fortnightly Salary : $2,929.00
- Monthly Salary : $6,346.00
Financial Advisor Salary Comparison by Gender
This pie chart demonstrates the gender share for Financial Advisor. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Financial Advisor compared to female. Their involvement is 68% while of female is only 32%.
Salary Distribution Based on Years of Experience
The line graph shows Financial Advisor salary in Melbourne, Victoria, Australia on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Financial Advisor having experience between 1-4 years, their salary is around $74,404.49.
Once the experience reaches 5-9 years Financial Advisor salary would increase again to a total of $97,146.03, adding $22,741.54 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $91,827.26.
Prominent Skills Affecting Financial Advisor Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Financial Advisor's salary. It clearly highlights the skills needed for a post of Financial Advisor when hired by an employer. The skill that is required for Financial Advisor is Customer Relationship Management (CRM) that affects the salary by 6%.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Financial Advisor. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $78,030.00 whereas the highest earning is $101,273.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $101,273.00 at 22%. So to summerize, Early Career earns 6% less than the average salary, Mid Carrer earns 22% more than the average salary, Late Career earns 14% more than the average salary.
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