Financial Managers (11-3031) in Connecticut



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State of Connecticut (1Q 2017)
All Industry
Estimated employment		14,210
Mean wage		$75.14
Entry wage		$40.98
10th percentile wage		$37.56
50th percentile wage		$63.72
90th percentile wage		N/A

Top Employing Industries
Industry	Employment Percent
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	2,190	15.4%
Credit Intermediation and Related Activities	2,100	14.8%
Insurance Carriers and Related Activities	1,760	12.4%
Management of Companies and Enterprises	1,500	10.5%

Best Paying Industries
Industry	Employment Median Wage
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	2,190	91.64
Insurance Carriers and Related Activities	1,760	74.74
Motion Picture and Sound Recording Industries	20	72.87
Broadcasting (except Internet)	50	72.40

Financial Managers (11-3031)

Plan, direct, and coordinate accounting, investing, banking, insurance, securities, and other Financial activities of a branch, office, or department of an establishment.


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$63.72		$57.32		$6.40
2016	$61.91	+2.9%	$55.69	+2.9%	$6.22
2015	$60.19	+2.9%	$54.14	+2.9%	$6.05
2014	$58.77	+2.4%	$52.86	+2.4%	$5.90
2013	$57.34	+2.5%	$51.58	+2.5%	$5.76
2012	$56.41	+1.7%	$50.75	+1.7%	$5.67
2011	$55.53	+1.6%	$49.95	+1.6%	$5.58
2010	$54.35	+2.2%	$48.89	+2.2%	$5.46
2009	$53.96	+.7%	$48.54	+.7%	$5.42
2008	$52.29	+3.2%	$47.04	+3.2%	$5.25
Year	This Occupation		Compared to All Occupations		Difference
Current	$63.72		$22.06		$41.66
2016	$61.91	+2.9%	$21.36	+3.3%	$40.55
2015	$60.19	+2.9%	$20.91	+2.1%	$39.28
2014	$58.77	+2.4%	$20.46	+2.2%	$38.30
2013	$57.34	+2.5%	$20.05	+2.1%	$37.29
2012	$56.41	+1.7%	$19.70	+1.7%	$36.71
2011	$55.53	+1.6%	$19.39	+1.6%	$36.13
2010	$54.35	+2.2%	$19.07	+1.7%	$35.28
2009	$53.96	+.7%	$18.81	+1.4%	$35.15
2008	$52.29	+3.2%	$18.33	+2.6%	$33.96

Reference Date: 1st Quarter 2017

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.


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