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Floor Operations Manager Salary
in Park Forest, Illinois

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$129,106 (USD)

Average Salary

$62/hr

Average Hourly

$10,406

Average Bonus

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The average pay for a Floor Operations Manager is $129,106 a year and $62 an hour in Park Forest, Illinois, United States. The average salary range for a Floor Operations Manager is between $88,567 and $157,768. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Park Forest, Illinois.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Salary Potential

Estimated salary in 2029:
$145,020
5 Year Change:
12 %

Shift Differentials

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Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by $6.21/hour
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About Park Forest, Illinois

Park Forest Cost of Living Score:

Description: Park Forest is a village located south of Chicago in Cook County, Illinois, with a small southern portion in Will County, Illinois, United States. The village was originally designed by Loebl Schlossman & Bennett as a planned community for veterans returning from World War II. As of the 2020 census, the village had a population of 21,687. Park Forest is bordered by Olympia Fields to the north, Chicago Heights to the east, University Park to the south, and Richton Park and Matteson to the west. The village has multiple public and private schools. In addition to the arts and culture scene including Tall Grass Arts...
Description:
  • Directs floor operations of brokerage firm engaged in buying and selling securities at exchange: monitors order flow and transactions that brokerage firm executes on floor of exchange.
  • Reviews reports of securities transactions and price lists, using computer, to analyze market conditions.
  • Informs staff of changes affecting firm or exchange.
  • Calculates profit made by firm and estimates business volume lost to competition.
  • Develops plan to increase firm's market share of business.
  • Negotiates business contracts with exchange officials, and represents firm by membership in various exchange committees.
  • Interviews, selects, and hires employees, such as floor broker and clerical workers.
  • Develops and implements plans to ensure compliance of workers with established programs and procedures.
  • Conducts staff meetings to discuss changes in policy or to propose methods and procedures which could increase profit and trade volume.
  • Monitors employee attendance and takes disciplinary action when regulations are violated.
  • Evaluates employee job performance and promotes or terminates personnel.
  • May place orders with independent trader when additional help is needed to fill orders for brokerage firm.
  • May buy and sell securities on floor of exchange floor broker.
  • May specialize according to type of securities traded at exchange and be designated manager, commodity exchange floor; manager, options exchange floor; manager, stock exchange floor.

Floor Operations Manager Job Listings for

No listings found

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Salary Recap

The average pay for a Floor Operations Manager is $129,106 a year and $62 an hour in Park Forest, Illinois, United States. The average salary range for a Floor Operations Manager is between $88,567 and $157,768. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Park Forest, Illinois.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Find actuarial salary survey data and benchmark salary and pay.

Powered by ERI's Database

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Job Statistics

Floor Operations Manager Job Prevalence in the United States

Job family: Financial Managers

Job family population: 740,780

Estimated population of Floor Operations Manager jobs: 7,860

Rate of error: 1.2%

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Park Forest Cost of Living Score:

Description: Park Forest is a village located south of Chicago in Cook County, Illinois, with a small southern portion in Will County, Illinois, United States. The village was originally designed by Loebl Schlossman & Bennett as a planned community for veterans returning from World War II. As of the 2020 census, the village had a population of 21,687. Park Forest is bordered by Olympia Fields to the north, Chicago Heights to the east, University Park to the south, and Richton Park and Matteson to the west. The village has multiple public and private schools. In addition to the arts and culture scene including Tall Grass Arts...
Description:
  • Directs floor operations of brokerage firm engaged in buying and selling securities at exchange: monitors order flow and transactions that brokerage firm executes on floor of exchange.
  • Reviews reports of securities transactions and price lists, using computer, to analyze market conditions.
  • Informs staff of changes affecting firm or exchange.
  • Calculates profit made by firm and estimates business volume lost to competition.
  • Develops plan to increase firm's market share of business.
  • Negotiates business contracts with exchange officials, and represents firm by membership in various exchange committees.
  • Interviews, selects, and hires employees, such as floor broker and clerical workers.
  • Develops and implements plans to ensure compliance of workers with established programs and procedures.
  • Conducts staff meetings to discuss changes in policy or to propose methods and procedures which could increase profit and trade volume.
  • Monitors employee attendance and takes disciplinary action when regulations are violated.
  • Evaluates employee job performance and promotes or terminates personnel.
  • May place orders with independent trader when additional help is needed to fill orders for brokerage firm.
  • May buy and sell securities on floor of exchange floor broker.
  • May specialize according to type of securities traded at exchange and be designated manager, commodity exchange floor; manager, options exchange floor; manager, stock exchange floor.
No listings found

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.

You May Also Like

White Papers

National Compensation Forecast April 2024
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
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Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
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Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More

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Explore our most popular jobs
View our most popular salary searches and other resources