As reported by the US Bureau of Labor Statistics, Financial Specialists earn an average of $87,350 per year, while Computer and Information Systems Managers earn an average of $162,930 per year. Therefore, the salary for Computer and Information Systems Managers is much higher than that of Financial Specialists.
Keep in mind, however, that factors such as location, experience, and the specific workplace can affect salary. For instance, Computer and Information Systems Managers in New York may have higher earnings (averaging $195,900 per year) compared to those in Wyoming ($102,700).
Financial Specialists vs Computer and Information Systems Managers overview
Financial Specialists and Computer and Information Systems Managers are fundamental to the Professional, Scientific, and Technical Services industry. There is a general interest in understanding the differences between these job titles, including the average salary for each of them.
Financial Specialist average salary
The US Bureau of Labor Statistics has reported that in 2021, there were 2.9M Financial Specialists working in the United States, and on average, they earned $87,350 per year. The bottom 10 percent earned $43,720 or less, and the top 10 percent earned $140,710 or more. Compared to the previous year, the average salary is up by 2.2%.
Do Financial Specialists make good money?
The average salary of Financial Specialists is about a half higher than the average wage in the United States ($58,260). However, they earn 4% less than the average wage of the Professional, Scientific, and Technical Services industry ($91,150).
The average salary of Financial Specialists is about a half higher than the average wage in the United States ($58,260).
Financial Specialists job growth
In 2021, there have been 145,370 more Financial Specialist positions than the previous year nationwide, which marks a rise of 5.3%. Job growth has averaged 2.5% for the last 3 years.
Computer and Information Systems Managers job description
Computer and Information Systems Managers plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.
Computer and Information Systems Managers education and experience
Of Computer and Information Systems Managers, about a half have completed a Bachelor's Degree, 26% have a College Course Certificate, and 14% hold a Master's Degree. When it comes to experience, 40% of Computer and Information Systems Managers jobs require a 6 to 8 years of work-related experience. A smaller percentage of jobs (24%) require a previous experience of 4 to 6 years.
Computer and Information Systems Managers average salary
As stated by the US Bureau of Labor Statistics, the United States employed 485,190 Computer and Information Systems Managers in 2021, and the mean income they earned annually was $162,930. The bottom 10 percent had earnings of $95,220 or less, and the top 10 percent had earnings of $208,000 or more. The average salary has increased by 0.7% compared the previous year.
Do Computer and Information Systems Managers make good money?
Computer and Information Systems Managers are usually paid well, as their average salary is almost two times higher than the average wage in the United States ($58,260). Moreover, they earn 79% more than the average wage of the Professional, Scientific, and Technical Services industry ($91,150).
Computer and Information Systems Managers are usually paid well, as their average salary is almost two times higher than the average wage in the United States ($58,260).
Computer and Information Systems Managers job growth
Computer and Information Systems Managers have seen growth in employment over the past two years. In 2021, there have been 27,900 more positions than the previous year nationwide, which marks a rise of 6.1%. Over the past 3 years, job growth has averaged 7.4%.
FAQ
Do Financial Specialists or Computer and Information Systems Managers make more?
Computer and Information Systems Managers make 87% more than Financial Specialists. The average annual pay for Financial Specialists is $87,350, while Computer and Information Systems Managers earn $162,930 per year.
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