Category Archives: Service

man handing car keys

Car Salesman Salary

Car salesmen often get a bad rap from consumers. Often, they are looked at as sleazy bottom feeders that shoppers always try to avoid when out looking for a new car because they don’t want to be tricked into a sale. Believe it or not, a car salesman salary isn’t totally dependent on the sale, so no, they really aren’t trying to hunt you down.

What Is A Car Salesman?

So, what is a car salesman then? Like many others in the sales industry, they are sales professionals. It is their job to help find you a product that you are interested in purchasing.

What makes these sales professionals different than the more traditional ones you see in the store is the fact that car salesmen can negotiate. This is one of the reasons that many find them rather seedy because it sometimes can seem like they are trying to weasel a buyer out of their money.

Here is the thing, while most cars have a given suggested marketplace value, many dealers offer automobiles at certain discounts, but the goal tends to be to at least hit the MSRP (manufacturer’s suggested retail price).

When consumers see a given price, they expect it, whether it is on a TV ad or something they saw on the internet.

car salesman handling key

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However, when they come into the dealership, it is the salesmen’s job to get at least that price on the MSRP sticker, and of course once they add on state charges, document fees, registration fees and any other local fees, they begin to feel added anxiety because the price can then go up quite a bit.

When it comes to a car salesman salary, there are a few different ways that they can earn money. In most cases, car salesmen work on a base salary along with commissions based on a given percentage. In many cases, they earn around minimum wage and then get a 20% to 25% sales commission.

In other areas, some dealerships work on either the base pay salary or a strictly commission-based pay. Both of these options can be very difficult to make a living off of, so that can be why they come off aggressive. These plans separately, especially the strictly commission-based salary, make the salesperson put it all out there to get that sale. Otherwise, they don’t get paid.

Average Car Salesman Salary

The average car salesman salary is around $40,000. However, this number can change drastically depending on the state, dealership and whether or not the salesperson works on a base salary plus commissions, or strictly one or the other.

Other factors can include bonuses, profit sharing and what percentage of commissions the dealership offers its salesmen.

Car Salesman Salary Factors & Influences

man buying car

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When it comes to a car salesman salary, many different things go into figuring out all the fine details. So how are these things sorted out and negotiated? There are a number of different factors that go into negotiating a final salary for a car salesman, and a few of them are listed below.

Skills


For most dealerships, a formal education really isn’t a deciding factor. In fact, many car salesmen enter the field with either a high school diploma or GED.

Some things that aspiring salesman may take into consideration is the fact that an associate degree in business or marketing could help them appear as an ideal candidate in the eyes of the dealership.

Other automotive repair certifications could also help boost candidacy because those that have them know what truly goes on under the hood instead of just the statistics of the vehicles on the lot.

While education can look good on paper, what many dealerships look for in a salesperson is someone who has a good work ethic and can not only get along with the customers but someone the customers can really relate to and trust.

Those with good people skills come off as more genuine, and sales conversations come more naturally to them. So that image of the seedy salesman goes out the window when there is a genuine people-person around.

salesman at a car showroom

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Experience


While being a people person can play a vital role in not only landing a sales position at the dealership and making those critical sales, the experience is what will help build up the overall salary of a car salesman. While many dealerships offer a given base salary, this number generally falls around minimum wage, and the real meat of their salaries come from commissions.

The more experience a salesperson has, not only are they able to really work with the clientele, but they will become a more valuable asset to the dealership. This can mean that negotiating either a higher base pay or higher commission rate may be in the cards.

Car Salesman Salary by States


Car salesman salary can and does vary drastically by state, and, as mentioned earlier, depends on other factors such as dealership and payment plan. To get a feel for how these salaries can range, not the states with the top automobile sales.

These ten states have the highest sales, and yet, their salesman salaries range between $40,000 a year and $67,000 a year.

States

Average Salary

California

$67,000

Florida

$45,700

Texas

$50,000

New York

 $57,100

Oklahoma

$50,900

Illinois

$54,000

New Jersey

$46,700

Pennsylvania

$51,300

Ohio

$41,700

Georgia

$41,600

Of course, these numbers can vary drastically depending on the specific dealership within the state, county, and town. Even more, those with a more outgoing and relationship-oriented personality could make a decent living even in the lower paying states such as Mississippi. On average, the average salary is $23,000, and yet, in Jackson, Mississippi, the average salary for a car salesman is around $31,000.

The typical car salesman is seen as sneaky and crafty. What is key to remember is that for someone to want to purchase something, especially something as expensive as a car, consumers want to feel like they can relate to and trust a salesman.

For those with a genuine, people-oriented personality, this is much simpler. For those who don’t or are more introverted that have to put on a façade each day for work, they are the ones that can come off as seedy.

Types of Car Salesman Salary

young businessman throws around dollars

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Salaries not only vary based on the information discussed above, but they can also vary depending on the title. Yes, titles such as executive and manager can boost the paycheck, but that also means there is more expected of the individual. Take the positions listed below for example:

An automotive sales executive oversees the sales of cars in a dealership and entails supervising sales operations to ensure optimal sales efficiency and to maximize profits.


Other than reaching out to consumers and potential clients who may be interested in buying a vehicle, they also are responsible for monitoring the auto sales industry to identify not only current product pricing, but also to look for new products, competing products and any new techniques of merchandising.

Many dealerships who have an internet sales department treats their internet sales employees as office staff. The sales manager for the internet sales department is generally in charge of developing, maintaining and updating all facets of internet presence and online marking.


They are also in charge of maintaining databases and their accuracy along with developing relationships with third party contacts.

History of Car Salesmen

While car salesmen have been around for quite some time, the art of the sale has been around much longer than the automobile. Sales began when people started bartering back and forth for goods, and that goes back as far as mankind.

From trading for goods, to modern day internet sales, the tactics have changed a little, but it all comes down to quality marketing. Consumers want to purchase quality products that serve a purpose. As long as a person can talk up a product, it can be sold.

Car Salesman Outlook – Conclusion

woman with keys and a car on the background

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The overall future outlook for salesmen in all industries, even car salesmen, is not looking too promising. The overall employment for sales consultants is expected to grow only by 2% by 2026. Why? Because many retailers are taking their sales services to the internet and further away from the more traditional store.

With businesses such as Carvana allowing shoppers to not only search and shop online but also purchase and either pick up or have their new car delivered for free to their door, this doesn’t look promising for the brick-and-mortar dealerships.  

This figure could change, especially in the automotive industry because many still want to visit the dealership, test-drive the car of their choosing and go from there.

So, while there may be a decrease in physical salespeople on the floor, there will be a need for a face to great and assist those that visit the dealerships for their car shopping needs.

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living room

Interior Design Salary

Interior designers work closely with not only customers during a build or remodel, but they also work closely with builders, architects, mechanical engineers and structural engineers. The interior designer must not only design a given space but make sure that it is functional and furnish it according to the customer’s wishes.

Many interior designers specialize in a specific type of building or room. For example, a home designer will likely not design for a hospital or professional setting. Moreover, a home designer may only specialize in a given space such as the kitchen or bathroom.

Because many interior designers work closely with builders, contractors, and the likes, and because they frequently work with blueprints, they must be aware of building codes and inspection regulations.

Interior Designer Tasks

designer putting up wall frame

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So, what are some day to day tasks that an interior designer must do while on the job? Below are only a handful of their job duties:

  • Determine their client’s goals and the requirements of the project
  • Consider how space will be used, and consult with the client to make sure it fits their needs/wants
  • Sketch preliminary design plans, which includes electrical layouts
  • Research and compile a list of materials and furnishings, such as lighting, furniture, wall finishes, flooring, and plumbing fixtures
  • Prepare final plans, many times with the help of computer applications
  • Place orders for all materials
  • Oversee installing the design elements and furnishings
  • Follow up with the client after the project to ensure all needs were met

Some interior designers work with merchant wholesalers and furniture stores, meaning that they can earn some commissions depending on the company and their policies.

Average Interior Designer Salary

hotel interior design

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The average interior design salary is around $46,600, but those number could range as high as $67,330 and as low as $33,140. These numbers are all based on education, skills, experience, and location.

Other factors include profit sharing, bonuses, and commissions.

Interior Design Salary Factors & Influences

As stated before, many different factors go into the overall interior design salary, and they include some of the following:

Education


Interior Designers need to have not only a High School diploma or GED, but they also need to have a minimum of a bachelor’s degree with a focus on interior design. Most classes involved are not only based on interior design, but also in drawing and computer-aided design (CAD).

Besides formal education, many states require different licenses, registrations, and certifications. Each state will vary when it comes to their requirements. Depending on where you receive your education and where you end up taking work, you’ll want to make sure you are up to date on all rules and regulations.

woman looking out a window

Image by Arek Socha from Pixabay 

Skills


A wide variety of skills are needed in the interior design career. Not only are technical skills needed, but so are creative skills and people skills.

  • Project Management – An interior designer is responsible for large projects that require a lot of time, attention and detail. A designer must be a self-starter that can juggle multiple aspects of a project all at once.
  • Computer Programs – In today’s technological age, everything is done via a computer. An interior designer must be able to use different programs such as 3D rendering, and other design programs to not only put together a plan but to help a client really visualize the final product.
  • Creativity – This is a key skill for an interior designer because they need to be able to create something, most times, out of nothing. Being able to visualize patterns, fabrics, and other materials are key to coming up with designs that will fit the client’s needs and wants.
  • People Person – An interior designer is a product provider. Not only do they have to sell the design they create, but they also have to sell themselves and their abilities. The only way to do that is to be able to relate to the clientele so you can provide them with the services they need.
  • Detail Oriented – Interior designers need to be precise in all aspects of the project. From measuring out materials and space to making a drawing, there is no room for mistakes as they can cause any number of problems.
  • Problem Solving – Because interior designers have to juggle so many different aspects of a project at once, they need to be top-notch problem solvers. They need to be able to address different challenges such as delays, unavailability of materials and price changes.

Experience


Having experience in the industry can help greatly raise the average salary an interior designer makes. Five to ten years of experience can average a salary of $51,000. With ten to 20 years of experience, that salary average goes up to $57,000, while over 20 years of experience can earn an interior designer an average salary around $64,000.

Location


Depending on where they plan to work, interior designers will not only have to watch rules and regulations as far as licensing and certifications go, but it could determine the overall salary that they can earn. Some states pay interior designers better, and that gets broken down further by which state and cities they plan to work in.

Interior Design Salary by States

artists with clipboard and digital tablet

Image via Freepik

Location plays a big part in interior design salary, and highly populated states, metropolitan areas tend to have some of the higher paying positions for this occupation. Below, we have listed the top five states that pay the most to interior designers.

State

Salary

District of Columbia

$84,820

Rhode Island

$78,340

California

$68,290

New York

$66,500

Maryland

$65,940

When it comes to salaries for interior designers by the city, the metropolitan areas tend to pay higher. Below are the top five metropolitan areas that pay the highest to interior designers.

State

Salary

Fayetteville and Springdale, Arkansas and Rogers, Missouri

$82,490

Providence, Rhode Island and Warwick, Massachusetts

$77,110

Birmingham and Hoover, Alabama 

$74,900

San Rafael, CA Metropolitan Division

$74,400

Lake County, Illinois and Kenosha County, Wisconsin Metropolitan Division

$70,850

Interior Design Types of Salaries

Salaries not only vary based on the information discussed above, but they can also vary depending on the title and the designer’s specialty. While not all interior designers take on a specialty, there are quite a few that choose to take on specific titles and focus on specific areas. Below are only a few of the different specialties available to interior designers.

Kitchen and Bath Designer – $41,000  

Kitchen and Bath designers are exactly what they sound like, interior designers that specialize in kitchens and bathrooms.

Sustainable Designer – $44,000

sustainable designer is a person that seeks to reduce the negative impacts on the environment and the health and comfort of building occupants. They utilize a design philosophy that encourages decisions at each phase of the design process that will help to reduce any negative impacts on the environment and the health of the occupants.

Lighting Designer – $50,822

Lighting designers are in charge of the design and implementation of lighting in both architectural and construction projects. They establish cost and then provide lighting specifications for the interior, exterior, and landscape lighting applications while also creating lighting schedules and all related design documentation as required.

History of Interior Design

spiral staircase

Image by Free-Photos from Pixabay 

Interior design dates back thousands of years, some arguing that it dates back as far as the Ancient Egyptians. The Egyptians were known for decorating their homes with simple furniture, along with painted vases and sculptures. The beautiful ornaments found in Egyptian tombs helped to reveal the importance of more lavish decorations for the more powerful members of society.

The Roman and Greek civilizations both continued with the art of interior design by celebrating civic pride through their buildings. In the home, the nicer the design and accessories were reserved for the wealthy. Furniture in both civilizations were built out of materials such as stone and wood.

Interior design has continued to grow and develop over the years, and while the wealthy still use more luxury items, design tastes are shared by the masses, and it is the job of the interior designer to accommodate the client’s taste and make sure it fits the allotted budget.

Interior Design Outlook – Conclusion

color palette

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The current job outlook for interior designers shows projected growth of 4% from 2016 to 2026.

Job prospects are expected to be better in high-income areas because the more wealthy are more likely to want to remodel or renovate their spaces. However, that doesn’t mean that the middle class won’t be renovating, so there are still job prospects in that area as well.

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ups package handler

UPS Package Handler Salary: A Rewarding Compensation Package Delivered

UPS Package Handler Salary

Online shopping is more prevalent than ever. With services like Amazon, eBay, and stores’ own shopping websites, the need to go in-store to make a purchase is decreasing as the amount of purchases made virtually rises. Once you click that purchase button, you can expect to typically see your package arrive on your front doorstep in less than a week, like magic. It’s not magic, though—these packages set out from their initial places of origin and travel to their destinations through the hard work package handlers and truck drivers.

There are numerous big shipping industries, such as the US Postal Service and FedEx, but the quickest and top of the line service is that of UPS. UPS package handlers are imperative to the success of UPS as a whole, ensuring that our packages get where they need to be in a timely manner. Being a package handler can be a physically strenuous job that should not be undervalued, as they are required to lift heavy packages and load trucks for hours at a time, working at the fast pace that our culture demands.

According to the Bureau of Labor Statistics, the average package handler salary industry wide is $25,870 per year. While this is not a particularly high salary, those package handlers who work for UPS receive a good collection of benefits. This is also an ideal job for college studentsbecause of UPS’ education program.

This is a male-dominated field, men comprising approximately 68% of UPS package handlers.

The Work of UPS Package Handlers

“It’s just moving boxes, right? How hard can that be?”

UPS package handlers must not only transport boxes and other shipped materials, they must move them quickly. While most packages won’t exceed the weight of 25-30 lbs., it is typically required that package handlers be able to lift up to 70 lbs. if necessary.

And the employees aren’t just throwing boxes around, either. They are responsible for strategically arranging boxes and other packaged materials so that the trucks can carry as much as possible. They also need to ensure that the packages are going to the right place, so they have to actively be mentally present so that a package isn’t sent to North Dakota when it should be headed for Oregon.

During each stage of the shipping process they scan the packages to make sure they’re headed in the right direction, and to provide that package tracking data everyone loves. They also make sure that the packages are in good condition at each stage of the journey, and that they are placed in a position where they will continue to be so.

Because of the highly physical nature of the role, UPS wants to make sure that their package handlers stay productive without the sacrifice of staying healthy. There are stringent lifting and transporting rules to follow to ensure all-around safety. The employees are expected to follow these guidelines at all times.

UPS Benefits

Though the UPS working conditions can be physically strenuous, they make up for it with their benefits packages. They offer several different benefits programs depending on their employees’ specific needs. These include medical, dental, and vision insurance coverage, in addition to overall life insurance. They also offer various work-life programs and compensation and savings programs so that they can ensure the happiness of their employees. Furthermore, employees who remain with UPS for a number of years will receive retirement benefits.

coffee button

UPS employees don’t have to be full-time to be eligible for benefits—part time employees receive a benefits package as well. Their insurance can not only cover children, but also the parents of the employees as well if they’re in need.

UPS invests in the future of its employees. They offer on-the-job training as well as professional development opportunities, so that their employees can advance up the UPS ladder and establish a meaningful career for themselves. The program they are most proud of is their Earn and Learn Program. This program assists part time employees pay for school, providing up to $5,250 a year in assistance for up to a total of $25,000. UPS wants its employees to advance within the company and make the most of their employment—helping pay for their employees’ education is a way they try and do that.

Job Satisfaction

emoticons

Overall, UPS package handlers are satisfied with their work. Though it can be strenuous, it is also physically rewarding, and they are provided with good break times and shifts that are a reasonable length. What mainly contributes to employee satisfaction, though, is the great benefits they offer the employees and room for advancement.

How to Get Started Working for UPS

There is no formal education required to begin working as a UPS package handler, though a high school degree is preferable. The UPS hiring team will look for candidates that are physically fit and have good stamina so that they are able to sustain the strain of the work. Prospective package handlers should also have good communication skills and be able to work under self-direction.

If you do have a degree, you can likely apply for a management position right off the bat. The same applies for if you are completing and of their education or training programs.

Job Market

lady presenting job market

The job market for package handlers, in general, is looking pretty good. As we talked about at the beginning of this article, online shopping is becoming increasingly more common and so the need for package handlers and other shipping workers is steadily climbing. The Bureau of Labor Statistics predicts that between 2016 and 2026 the job outlook for package handlers will increase by 7%, directly on par with the nation’s average.

UPS Package Handler Salary Range

While the average UPS package handler salary is $25,870, most salaries fall within the range of $20,478 – $32,011.

Salary Factors

salary factors

The main factor that affects the salary levels of UPS workers is education level. While employees coming in with a high school degree and little to no experience will likely receive pay on the lower end of the above salary range, those that come in with an associate’s or bachelor’s degree are eligible for management positions that lead naturally to a salary increase. UPS package handler salaries also consistently increase as the employees continue to work with UPS for an extended period of time.

Many UPS workers also make the leap to truck driving. This requires formal training and certification, but the pay is considerably greater.

Highest Package Handler Employment Levels by State

There are a variety of factors that affect the employment levels of package handlers in different areas. One of them is where factories and warehouses are located in the first place—certain states tend to have greater concentrations of warehouses, and so there is a large shipping and transportation need to be filled. Other factors include where the items are being shipped too. This can be affected by both the state’s overall population and that population’s tendency to ship and order things.

The Bureau of Labor Statistics does not provide data for UPS package handlers specifically, but listed below are the total number of package handlers and related specialties in the top five highest-employing states. Through looking at this general data, it is reasonable to assume that comparative numbers relate to UPS specifically as it is the nation’s largest shipping company. The same general data is provided for the two lists after this one.

  • 1
    California: 343,460
  • 2
    Texas: 190,210
  • 3
    Illinois: 152,370
  • 4
    Illinois: 152,370
  • 5
    Florida: 132,680

Highest Package Handler Salaries by State

The following states offer the highest UPS package handler salaries and material mover salaries as a whole. Because of the conflation of multiple position in the data gathered by the Bureau of Labor Statistics, we will only list the top five states and not their accompanying salaries.

  • 1
    District of Columbia
  • 2
    Hawaii
  • 3
    Alaska
  • 4
    Wyoming
  • 5
    Washington

Highest Package Handler Salaries by Metropolitan Area

As above, the information provided by the Bureau of Labor Statistics combines the average UPS package handler salaries with other positions. So, in our list of the top five paying metropolitan areas, we will not be listing their accompanying salaries.

  • 1
    Lynn-Saugus-Marblehead, MA NECTA Division
  • 2
    Urban Honolulu, HI
  • 3
    Sheboygan, WI
  • 4
    Stockton-Lodi, CA
  • 5
    San Rafael, CA Metropolitan Division

Final Thoughts on UPS Package Handlers

Working as a UPS package handler isn’t the highest paying job out there, but it’s a great starting place if you have a high school diploma and are looking to take advantage of their Earn and Learn Program. The physically demanding nature of the job means that it is certainly not a perfect fit for everyone, but if you’re physically fit and have good stamina levels then this might be a good fit for you.

Regardless of what the UPS package handler salary may be, UPS certainly does offer an awesome range of benefits. Working as a package handler is a great way to get your foot in the door with UPS and quickly advance.

woman holding a pen

What Does a Normal Financial Advisor Salary Look Like?

When people say that they’re a financial advisor they could be describing a number of different roles and responsibilities. “Financial advisor” is a very broad term and, therefore, a financial advisor salary can cover a very broad range.

If you are thinking of becoming a financial advisor then you are probably wondering what you should set your salary expectations to and what factors could affect the type of salary you earn. In this article, we will answer some of the common questions aspiring financial advisors have about the role.

In addition, we will also explain the various factors that are put into consideration when setting the salary for a financial advisor. After reading this article you should have a better idea of what financial advisors earn for their work and how you can prepare yourself to earn the salary you have been dreaming of.

The Different Types of Financial Advisors

As mentioned, a financial advisor could take on a number of different roles and responsibilities. There are so many different areas of finance with detailed rules and regulations that financial advisors usually specialize in certain areas rather than being a Jack of all trades.

The most common type of financial advisor is a personal financial advisor. In this role, advisors tend to focus on individuals and their immediate family like their spouse and children. In this role, the main goal of financial advisors is to provide personalized advice to help clients meet their immediate and long term goals.

Personal financial advisors will do everything from helping families set household budgets to retirement planning to college planning for children. Typically, these financial advisors work for a bank or investment company.

team of executives

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The next common type of financial advisor you will find is often referred to as a stock broker. Of course, when you hear the term “stock broker” you might think of high powered securities traders in New York - much like Leonardo DiCaprio in The Wolf of Wall Street.

The truth is that stock brokers tend to take a much more broad view of their client’s needs to develop customized investment plans to help people meet their own unique goals.

In this role, a financial advisor must take time to understand their client’s life situation and specific goals to build a portfolio of securities that will match those goals. For example, a young person saving for retirement may be able to endure more volatility with the goal of securing greater gains while individuals closer to retirement will be seeking more conservative investments to reduce volatility as retirement draws closer.

There are a number of other roles that can also fall under the financial advisor role that are less common than the roles mentioned above. Some financial advisors mainly deal with insurance while others may be in a corporate role helping advise companies about business finances.

As you can see, “financial advisor” means a lot of things. Narrowing down your focus to what type of financial advisor you hope to become is a major part of determining your financial advisor salary.

Factors that Determine Financial Advisor Salary

As we discussed above, there are a number of different roles that fall under the broad umbrella of “financial advisor.” In addition, there are a number of contributing factors that determine what type of salary financial advisors earn.

Education and Certification

One of the major contributing factors is education and certification. Many financial advisor roles require a certain level of certification in order to be able to advise people on their finances.

In the United States, FINRA (Financial Industry Regulatory Authority) provides oversight and licensing for financial advisors. There are a number of different types of security licenses available and each one gives advisors the education and authorization to complete different types of transactions on behalf of their clients and employers.

financial reports

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Financial advisors working in a bank or investment company setting at the customer-facing level will typically have their Series 6 certification. This certification allows advisors to sell basic types of investments like mutual funds that are pre-packaged and designed to meet certain goals. For example, a financial advisor within a bank may sell 6 different types of mutual funds each with their own risk levels and expected returns.

For financial advisors with Series 6 certification, understanding how to properly listen to clients and advise them based on their needs is most important. As the pre-packaged investments are already designed, there is little research or development required on the part of the financial advisor and, in that sense, this very much an advice type of role rather than an active investing role.

Series 7 is another common type of license that financial advisors will attain. This license opens up a number of different investment opportunities including stocks, bonds, fixed income investments, and more. In fact, the only major investments not included in the Series 7 license are real estate, life insurance, and commodities futures.

A financial advisor role that requires a Series 7 license is likely a role where advisors are helping build customized investment portfolios for their clients and trading on behalf of their clients. Since these investments are not pre-packaged like mutual funds, advisors must do more research to stay up to date on investment news, stock performance, and volatility.

In order to conduct business, advisors with a Series 6 or Series 7 license must also have a Series 63 license. For advisors who plan on charging an hourly fee for their services, a Series 65 license is also needed but many opt for the Series 66 license which essentially combines the Series 63 and Series 65 into one.

As you can see, there are a number of difference licenses available and each one opens up a different path of opportunity for financial advisors.

What Do Financial Advisors Actually Earn?

As you may have guessed, a financial advisor salary can vary wildly based on the type of role the financial advisor takes on. Consulting a salary aggregator like Glassdoor will reveal a range anywhere from $25,000 per year to more than $90,000 per year.

One thing that complicates nailing down a specific financial advisor salary is the types of pay an advisor can earn. This can vary based on role and the type of company the advisor is working for. Some advisors are paid based on a fixed salary while other advisors may be paid 100% commission and other advisors earn a mixture of salary and commission.

executives planning strategy

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Salary Basis

Advisors at banks or investment companies often earn a salary with the opportunity to earn a bonus or commission based on sales or size of their client base. When considering a job with this type of compensation, job seekers should ask themselves if the threshold to earn a commission or bonus is realistically achievable before factoring that amount into their compensation.

Commission Basis

Active traders that build portfolios on behalf of their clients are almost always paid on a commission basis. This is determined as a percentage of their client base and is built into the management fee attached to their services.

For example, an investment company may collect an annual management fee of 3% from the total balance of a client’s investments. A portion of that will be paid to the advisor who holds the client’s book of business.

Flat Rate Fee

Finally, another way that financial advisors are paid is by a flat rate fee. This is much less common than the above examples but not entirely unheard of. For financial advisors who offer their services independent of a larger organization, this is a great way to market themselves compared to other advisors on the market.

Usually, a flat fee is based on an hourly commitment from the advisor which would, obviously, require the advisor to have their Series 65 license. For some investors who dislike high management fees, working with a flat rate financial advisor may be an appealing alternative.

Build a Career Path and Follow It

executives having a meeting with financial reports on the table

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The median financial advisor salary, according to Glassdoor, is just under $50,000 per year. Of course, as you have learned, there are a number of factors that could make this salary higher or lower.

For people who are aspiring to become financial advisors, determining a career path first is most important. Since licensing is needed to become a financial advisor in most cases, some time, effort, and investment is needed in yourself before you can begin actively working with clients.

Do you hope to work with families to help them plot a path toward retirement or are you interested in researching individual stocks, building customized portfolios, and earning a percentage of the business you are able to secure?

Top financial advisors have almost no limit to how much they can earn. Finding a path you are passionate about can help you secure the compensation you deserve.

Cracker Barrel's Signage in front of the store taken by a a Cracker Barrel Employee

Cracker Barrel Employee Salary: Know Your Expectations and the Reality

Each Cracker Barrel Employee plays an integral role in the 653 restaurants in 45 states across the United States. Cracker Barrel remains as a good old-fashioned stop for anyone traveling through the interstate which brought its start. This increased travel across the new interstate systems brought with it a need for consistently delicious and nutritious food.

The Role of a Cracker Barrel Employee

 Indoor View at the restaurant with Cracker Barrel Employee Eating and Drinking Together Image: CC by 2.0, Eugene Kim, via Flickr​

Cracker Barrel sells over 200 million biscuits to over 217 million guests every single year. This means that they have a need for employees who serve all these customers with great Southern hospitality and a smile.

If you are interested in working as a  Cracker Barrel employee, they opened different positions just for you. You just need to find what suits right for you. They need servers, cooks, and table bussers.

Success in many of these positions relies on excellent customer service skills and an understanding of the “soul” of Cracker Barrel.

The aspirants just need to firmly understand the history of this restaurant and why so many millions of customers flock to it every year. Other positions have a higher salary available, like those of General Store Managers, Assistant Managers, and Operations Managers.

These positions as a Cracker Barrel employee require vital skills such as leadership, budgeting, and scheduling for other employees. These positions come with a great deal of responsibility. People in these positions handles each employee concern, affairs. and career growth.

Cracker Barrel Employee Average Salary

Cracker Barrel Employee Withdrawing Salary in an ATM Machine near the restaurant Image: Public Domain US, Adam Gazari, via Pexels​

Accordingly, salaries vary slightly from state to state, but overall the wages for each Cracker Barrel employee appear relatively similar. No surprise, there exists plenty of likeness between these franchise locations. These ranges from menu items to the retail items they sell within each store to salaries for employees.

The Cracker Barrel Employee average salary varies mostly by role. Primarily, the job title determines the monthly payment. Beyond that, some skills make a difference in salary among similar job titles.

That being said, the average hourly wage at Cracker Barrel remains ar $8.92 per hour.

Hourly wages vary from $3.54 per hour to $12.87 per hour. If someone applies for an hourly position at Cracker Barrel, expect the monthly payments to come out like that. However, some of these hourly positions, like servers, take-home tips. This increases the hourly wage and yearly total.

Sample Cracker Barrel Employee average wages (Position-based)

  • Server: $3.54 per hour
  • Grill cook: $10.97 per hour
  • Cashier: $8.48 per hour

However, if someone aspires for a salaried position at Cracker Barrel, they surely make much more. Salaried wages at Cracker Barrel range from $35,000 per year to $73,000 per year. With these larger wages comes more responsibilities though.

  • General Restaurant Manager: $63,236
  • Restaurant Assistant Manager: $49,569

As you can see, the position someone has at Cracker Barrel makes a huge difference. Although, this acts only as one of the factors that influence salary. Compared to them, the sales associate has a range different salary.

Cracker Barrel Employee Salary Factors and Influences

Many of the positions available as a Cracker Barrel Employee can be easily affected by outside factors. Some of those factors may be a skill set and experience in the field.

Also, the same goes for a particular position and location to name a few. However, each of these factors carries more or less weight depending on the position someone works. Surely, those working as a dermatologist earn differently from a cracker barrel employee.

For example, a server’s wage is probably most affected by their skills within that job and how much experience they have. A server with three years of experience works confidently and then receive larger tips than someone with only one year of experience.

In contrast, a manager’s salary will likely be affected greatly by their acquired skills just as a software engineer. You need inventory management or operations management skills as well. Years of experience also matter for managers, but they receive a larger salary instead of tips.

Salary of a Cracker Barrel Employee Compared to Other Restaurants

Two Dollars Left above a Notebook at aCracker Barrel Table by a Customer for the Cracker Barrel Employee  Image: CC by A-SA 2.0, grendelkhan, via Flickr​

Each Cracker Barrel Employee’s salary seems higher than many other restaurants, at least for salaried employees. As mentioned before, the average restaurant manager at Cracker Barrel makes $49,569. Compare that to the following salaries from other restaurants.

Average Restaurant Manager salary (Per Restaurant):

  • Denny’s: $36,754
  • Applebee’s: $45,490
  • Red Lobster: $48,298

On the other hand, the wages for other fronts of house staff, like servers and hosts, stay similar across most restaurants. The average hourly wage for a server at Cracker Barrel remains at $3.54 per hour, compared to the same restaurants.

Average Server wage (Per Restaurant):

  • Denny’s: $2.40
  • Applebee’s: $3.85
  • Red Lobster: $4.25

Skills for Salary Increase for a Cracker Barrel Employee

Salary Received by each a Cracker Barrel Employee Held and Shown by their hands 
Image: CC by A-SA 2.0, 401(K) 2012, via Flickr

Again, the skills that will increase Cracker Barrel employee salary depends heavily on the position that employee works. There exist stark differences in the skills affecting salary between the examples used so far: a restaurant manager and a server.

A restaurant manager has their salaries affected largely by management skills. For example, restaurant managers need adept at managing people, as well as scheduling a large group of employees.

Additionally, a general restaurant manager needs to understand operations management, from ordering food to overseeing financial information. These skills remain incredibly important to a manager at any restaurant. Especially. for a Cracker Barrel where restaurants have a retail center.

Skills that affect a server’s pay, on the other hand, remain less overarching and more focused on the customer experience. How a server interacts with a customer will be the biggest indicator of success as a server.

Consequently, that alone leads to promotions that involve training other servers and raises in their base hourly wage. Tips always affect the considerations of the wage for each server. Most of the skills that increase a server’s take-home pay depends on customer interaction

Servers receive most of their pay directly from customers. No matter what role an employee takes at Cracker Barrel, the skills affect how much each employee makes, whether from raises or tips.

From the top of the company to the bottom, they develop the skills that make you better at your job. This usually results in an increase in either salary, hourly wage, or tips.

History of Cracker Barrel

Cracker Barrel Outdoor View at Irlo Bronson Kissimmee where each Cracker Barrel Employee works for success Image: CC by A-SA 3.0, Ivan Curra, via Wikipedia Commons​

Dan Evins opened the first Cracker Barrel after realizing the need for America’s popular and expanding interstate systems consistency and quality food along with their trips. He began to plan a country store, where travelers get a good meal at a fair price.

But, this happened shortly after his idea began to grow. Evins had an uncle named Herschel McCartney, and he became the soul of Cracker Barrel. This became a place where they offer Southern hospitality that accompanied their mission of pleasing people.

These days, Cracker Barrel still strives to be a home away from home for travelers. Their mission to please people remains. The best way to do that is to be open and welcoming to everyone.

Cracker Barrel Employees needs to pay attention to every detail to provide a consistent, pleasant, and seamless experience for all customers every day.

Cracker Barrel, as a company, hopes to be “trusted curators” of a way of life that appears distinctly American.

It remains as a way of life that they hope everyone who walks through their many doors feels. Hospitality and charm keep the leaders at Cracker Barrel to strive and move forward to success.

The Total Outlook of a Cracker Barrel Employee

Cracker Barrel Old Country Store at Morrisville, North Carolina where each Cracker Barrel Employee works for career growth and professionalism Image: CC by A-SA 3.0, Ildar Sagdejev, via Wikipedia Commons​

Employees of Cracker Barrel can expect to feel comfortable knowing that this company is deeply ingrained in the American countryside. While some restaurants may be experiencing difficulties keeping their doors open, Cracker Barrel’s outlook is quite good.

According to Forbes, Cracker Barrel’s prolific presence in America (650 restaurants in 45 states) means that they are a very stable restaurant company. Other positive indicators for Cracker Barrel include the fact that revenue was stable, with little to no change, year after year from 2017.

While restaurants saw a slight, single-digit decline in visitors, menu prices were also raised to combat that change. It appears that the company Cracker Barrel is doing well currently, and the outlook for this company is good.

Menu prices are not the only thing that can be adjusted to combat low guest traffic at this restaurant. Because Cracker Barrels also feature gift shop-like retail areas, this company has an additional flow of revenue to fall back on when necessary.

As a result of these indicators of stability, employees at Cracker Barrel can feel comfortable knowing that the company they work for most likely will not be closing any time soon.

Some Cracker Barrel employee salary changes may occur, particularly if revenue begins to increase, but also as the minimum wage is raised across the United States.

Featured Image: CC by 2.0, Mike Mozart, via Flickr