Comparative Occupational Wages 2011: Finance and Insurance (52 ) in West Virginia Statewide

Comparative Occupational Wages 2011 (4th Quarter)
Research, Information and Analysis
WORKFORCE West Virignia
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Finance and Insurance (52 )

West Virginia Statewide

Sales and Related Occupations

Occupation Occ. code Estabs. reporting occupation Est. empl. Empl %RSE Mean wage Mean %RSE Entry wage Exp. wage 25th pct Median wage 75th pct

SALES AND RELATED OCCUPATIONS 41-0000 181 2,550 6.45 45,265 5.05 19,699 58,047 22,246 32,542 48,793

21.76 9.47 27.91 10.70 15.65 23.46

First-Line Supervisors/Managers of Retail Sales Workers 41-1011 8 30 33.45 35,713 17.64 20,591 43,274 21,823 33,007 51,114

17.17 9.90 20.80 10.49 15.87 24.57

First-Line Supervisors/Managers of Non-Retail Sales Workers 41-1012 14 50 35.44 44,045 10.22 27,379 52,379 31,212 35,768 51,548

21.18 13.16 25.19 15.00 17.19 24.78

Retail Salespersons 41-2031 20 220 19.85 20,438 5.09 17,224 22,046 17,093 18,562 20,443

9.82 8.29 10.60 8.21 8.93 9.83

Insurance Sales Agents 41-3021 98 1,530 10.09 46,412 6.16 23,664 57,786 27,159 35,044 49,829

22.31 11.37 27.78 13.06 16.85 23.96

Securities, Commodities, and Financial Services Sales Agents 41-3031 45 300 17.52 87,391 10.78 33,716 114,229 37,005 69,861 106,404

42.02 16.21 54.92 17.79 33.58 51.16

Sales Representatives, Services, All Other 41-3099 18 80 30.53 39,374 9.36 19,030 49,545 20,229 34,079 54,868

18.93 9.15 23.82 9.72 16.39 26.38

Sales and Related Workers, All Other* 41-9799 4 57.71 28,600 4.98 23,482 31,160 25,382 28,766 32,971

13.75 11.29 14.98 12.21 13.83 15.86

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NOTES

'Current' denotes 4th Quarter 2011. Wages are base year 2011, aged forward using the Employment Cost Index.

Entry Wage: Average of the lowest 1/3 employed.

Experienced Wage: Average of the highest 2/3 employed.

Data for detailed occupations does not sum to the totals because the totals include data for occupations not shown separately. Estimates do not include self-employed workers.

Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

Hourly wage rates for occupations where workers typically work fewer than 2,080 hours per year are not available.