Hiring a financial services sales agent in El Paso, TX

Do El Paso residents in sales and related work earn more than employers in the El Paso, TX area pay?

El Paso residents working in sales and related occupations earn a median of $26,320 (Census ACS 5-year 2023, tables S2401 and B24011), against $37,490 as the median of the 19 wages BLS publishes for that same occupation group in the El Paso, TX area (BLS OEWS, May 2025), a difference of 30%, with the employers figure the higher of the two.

Both sides of that figure describe the whole sales and related group, not this one role. In the El Paso, TX area the group covers 19 occupations BLS publishes a wage for, from sales and related workers, all other at $27,150 to sales engineers at $85,210 (BLS OEWS, May 2025), with securities, commodities, and financial services sales agents at $59,280 inside it.

That comparison is between two different measures, not a pay gap. The two weight the same occupation group differently: the Census figure is the midpoint across the people who actually hold those jobs, so a group carrying a few very well paid occupations is pulled toward them, while the BLS figure is the midpoint across the 19 published occupation wages, which counts each of those occupations once whatever its headcount. Census also counts where people live and BLS counts where the jobs are, and the two cover different populations, Census the civilian employed population 16 and over, BLS wage-and-salary jobs only. Read the number against other cities, where the same definitional difference applies on both sides, rather than as a shortfall.

Published wages across this group in the metro run above what El Paso residents in it earn, which usually means employers here draw this talent from beyond the city line rather than from inside it.

Is the talent actually in El Paso?

This is a job zone four: considerable preparation needed occupation. Most of these occupations require a four-year bachelor's degree, but some do not. O*NET OnLine, SOC 41-3031.

That matters here, because 27.5% of El Paso adults hold a bachelor's degree or higher. That is a workable pool, but the search will reach beyond the city line. Census ACS 5-year 2023, table S1501, residents of El Paso aged 25 and over.

The average El Paso commute runs 23.7 minutes, which is roughly how far your catchment reaches before candidates start saying no. 7.8% of El Paso workers already work from home, so a fully onsite requirement here is competing against that. Census ACS 5-year 2023, place-level commuting characteristics for El Paso.

How often do these jobs turn over?

In El Paso County, retail trade employs 43,695 and turns over 11.0% a quarter, with 6,906 hires against 8,134 separations. Average earnings in that industry run $3,115 a month. Census LEHD Quarterly Workforce Indicators, 2024 Q1, NAICS 44-45.

That figure covers every occupation in the industry, not this role alone, so read it as the local churn rate rather than as a number about securities, commodities, and financial services sales agents. It still tells you what you are hiring into: a normal churn rate, where a well-run search closes on schedule.

What does the search cost?

The fee is set by the seniority of the role, never by salary and never by location. Across all six tiers it runs $6,240 to $54,340 per search. A contingency firm hiring at this role's $59,280 median in the El Paso, TX area (BLS OEWS, May 2025) would bill roughly $11,856 to $17,784 on the first year salary alone.

One owner runs the search from market map to signed offer. Searches typically fill in 23 to 35 days, which is a typical window rather than a promise, and the replacement guarantee runs 45 days at 50% off.

Questions employers ask about hiring a financial services sales agent in El Paso

What does it cost to hire a financial services sales agent in El Paso?

Tier I to Tier VI, $6,240 to $54,340 per search, set by the seniority of the role and never by salary or location. A contingency firm billing 20 to 30% of this role's $59,280 median wage in the El Paso, TX area (BLS OEWS, May 2025) would charge roughly $11,856 to $17,784 on the first year salary alone.

What should an offer for a financial services sales agent in El Paso look like?

Employers in the El Paso, TX area pay securities, commodities, and financial services sales agents a median of $59,280, with the middle half of the market between $50,070 and $84,130 (BLS OEWS, May 2025). A band set below $50,070 competes for the bottom quarter of that market.

Do El Paso residents in sales and related work earn more than employers in the El Paso, TX area pay?

El Paso residents working in sales and related occupations earn a median of $26,320 (Census ACS 5-year 2023, tables S2401 and B24011), against $37,490 as the median of the 19 wages BLS publishes for that same occupation group in the El Paso, TX area (BLS OEWS, May 2025), a difference of 30%. Both figures cover the whole occupation group rather than this one role, and one counts where people live while the other counts where the jobs are, so the percentage is not a pay gap.

Is the talent for this role already in El Paso?

This is a job zone 4 occupation, which usually calls for a bachelor's degree, and 27.5% of El Paso adults hold one or higher (Census ACS 5-year 2023, table S1501). That is a workable pool, though the search will reach beyond the city line.

Related

• Hiring Securities, Commodities, and Financial Services Sales Agents: the role, the pay, the process
• Recruiting services in El Paso
• Every Texas city we cover

El Paso is the 6th largest of 17 Texas cities in this dataset.