DOL Filings vs BLS Survey
What Employers File with DOL
This figure comes from 17,848 employer filings with the US Department of Labor under legal obligation. Employers file this salary when sponsoring workers for PERM green cards or H-1B visas.
What BLS Says the Market Pays
This figure comes from the BLS Occupational Employment and Wage Statistics survey of 818,620 establishments. This is an independent survey-based estimate of what all workers in this occupation earn.
Salary Distribution
Top Paying Employers for Financial Managers
Ranked by median salary from DOL filingsSalary by Metro Area
| Metro Area | Median | vs National | Filings | Employers |
|---|---|---|---|---|
| New York, NE | $208,666 | +52.7% | 645 | 344 |
| Redwood Shores, CA | $205,000 | +50% | 15 | 1 |
| Torrance, CA | $200,000 | +46.3% | 11 | 4 |
| Westport, CT | $197,829 | +44.7% | 11 | 2 |
| Costa Mesa, CA | $195,000 | +42.7% | 10 | 8 |
| Greenwich, CT | $192,300 | +40.7% | 30 | 20 |
| New York, NY | $188,000 | +37.6% | 2,314 | 853 |
| Newport Beach, CA | $182,639 | +33.6% | 10 | 10 |
| Menlo Park, CA | $182,500 | +33.5% | 82 | 38 |
| Issaquah, WA | $175,000 | +28% | 12 | 8 |
| Jersey City, NE | $170,000 | +24.4% | 15 | 12 |
| Washington, DC | $169,790 | +24.2% | 55 | 35 |
| Mountain View, CA | $168,500 | +23.3% | 51 | 26 |
| Stamford, CO | $166,789 | +22% | 15 | 12 |
| Santa Clara, CA | $165,943 | +21.4% | 50 | 24 |
| Palo Alto, CA | $165,934 | +21.4% | 89 | 49 |
| Redwood City, CA | $165,000 | +20.7% | 27 | 20 |
| White Plains, NY | $160,000 | +17.1% | 23 | 11 |
| San Francisco, CA | $160,000 | +17.1% | 474 | 274 |
| Princeton, NJ | $160,000 | +17.1% | 13 | 10 |
| Cupertino, CA | $158,955 | +16.3% | 31 | 4 |
| El Segundo, CA | $158,080 | +15.7% | 31 | 17 |
| Culver City, CA | $155,459 | +13.7% | 11 | 9 |
| Sunnyvale, CA | $152,000 | +11.2% | 67 | 31 |
| Brooklyn, NY | $150,000 | +9.8% | 43 | 28 |
| Stamford, CT | $150,000 | +9.8% | 78 | 41 |
| Wilmington, DE | $150,000 | +9.8% | 15 | 9 |
| Foster City, CA | $149,984 | +9.7% | 20 | 5 |
| JERSEY CITY, NJ | $147,805 | +8.1% | 62 | 35 |
| St. Petersburg, FL | $147,500 | +7.9% | 10 | 7 |
Salary by State
| State | Median | vs National | Filings |
|---|---|---|---|
| Nebraska | $198,820 | +47.9% | 820 |
| New York | $180,000 | -16.6% | 2,578 |
| New Hampshire | $175,474 | +24% | 11 |
| District of Columbia | $157,500 | -13.1% | 59 |
| Connecticut | $150,000 | -11.6% | 184 |
| Delaware | $150,000 | -16.7% | 17 |
| Colorado | $147,500 | -15.6% | 94 |
| California | $144,248 | -17.5% | 2,343 |
| New Jersey | $135,000 | -28.5% | 297 |
| Massachusetts | $130,810 | -27.8% | 389 |
| Oregon | $125,660 | -14.7% | 52 |
| Vermont | $124,072 | -7.2% | 1 |
| Texas | $120,370 | -24.9% | 588 |
| Virginia | $120,000 | -29.5% | 146 |
| Washington | $120,000 | -30% | 711 |
| West Virginia | $120,000 | +13.5% | 10 |
| Arizona | $119,249 | -9.9% | 54 |
| Nevada | $117,832 | -5.4% | 32 |
| Arkansas | $117,800 | +13.9% | 39 |
| Minnesota | $115,211 | -27.1% | 67 |
| Wisconsin | $115,000 | -16.4% | 51 |
| Illinois | $115,000 | -28.1% | 508 |
| Pennsylvania | $113,221 | -17.9% | 166 |
| Michigan | $112,986 | -16.5% | 229 |
| North Carolina | $111,295 | -30.6% | 111 |
| Ohio | $110,000 | -17.6% | 111 |
| Maryland | $109,700 | -30.3% | 100 |
| Florida | $108,139 | -24.4% | 773 |
| Indiana | $107,141 | -19% | 57 |
| Wyoming | $107,053 | -9.6% | 2 |
| Utah | $101,213 | -26.5% | 69 |
| Georgia | $100,350 | -38.6% | 204 |
| Idaho | $100,000 | -19.1% | 19 |
| Missouri | $100,000 | -25.1% | 42 |
| Montana | $97,000 | -23.1% | 1 |
| Maine | $92,475 | -31.2% | 10 |
| Alaska | $91,350 | -25.6% | 12 |
| South Carolina | $91,000 | -28.7% | 20 |
| Kentucky | $90,687 | -27.7% | 16 |
| Tennessee | $88,900 | -33.2% | 55 |
| Mississippi | $86,938 | -18% | 4 |
| Hawaii | $86,233 | -32.3% | 30 |
| Rhode Island | $83,250 | -48.1% | 10 |
| Louisiana | $82,100 | -31.2% | 25 |
| Alabama | $81,536 | -40.9% | 30 |
| Kansas | $77,363 | -44.3% | 16 |
| Oklahoma | $77,160 | -39.2% | 35 |
| Iowa | $75,502 | -42.2% | 20 |
| North Dakota | $67,216 | -48.3% | 4 |
| New Mexico | $66,019 | -46% | 7 |
Salary Trend - DOL Data
Education Requirements
From PERM filingsFor Financial Managers positions, 53% of PERM filings required a Bachelor's degree, 43% required a Master's degree, and 2% required no formal degree.
Education by Top Employer
Most common minimum education from PERM filings| Employer | Most Common Education | Median Salary |
|---|---|---|
| Microsoft Corporation | Master's | $116,000 |
| Goldman Sachs & Co. LLC | Bachelor's | $210,000 |
| Citibank, N.A. | Bachelor's | $115,000 |
| AMAZON CORPORATE | Master's | $106,000 |
| AMAZON.COM SERVICES LLC | Master's | $126,625 |
| JPMorgan Chase & Co | Not specified | $200,000 |
| Deloitte & Touche LLP | Bachelor's | $118,104 |
| Citigroup Global Markets Inc. | Bachelor's | $200,000 |
| Ecolab Inc. | Master's | $110,323 |
| HSBC Bank USA N.A | Bachelor's | $165,000 |
Salary by Industry
Same occupation, different industries (NAICS)The highest-paying industry for Financial Managers is Finance and Insurance at $199,795. The lowest-paying industry with significant hiring is Retail Trade at $101,015.
Frequently Asked Questions
Based on 17,848 DOL filings, the median salary for a Financial Managers is $136,674, ranging from $105,000 to $186,160.
The 90th percentile salary is N/A according to BLS data.
Based on DOL filings, New York, NE offers the highest median at $208,666.
DOL filing data covers positions where the employer filed for PERM green card sponsorship or an H-1B visa. These filings represent a subset of all Financial Managers positions. We compare this data against BLS OEWS data which covers all workers in this occupation.
Are you a Financial Managers wondering if your salary is competitive?
Compare your pay against government-filed salary data for this role.
Find Open Positions
Browse current openings and compare them against the government-filed salary data above.