Hanneman, Michael Wayne
Financial Inst AnalystCommerce DeptRamsey CountyFull-time
FE Banking North. Minnesota state employee pay history, from State of Minnesota salary data.
Pay by fiscal year
Total paid across all records in each year, overtime included, compared with consumer prices.
From FY 2013 to FY 2026, pay went up 519% while consumer prices went up 42%. After inflation, pay is up 337% (it beat inflation).
| Year | Paid | Change | Prices (CPI) | After inflation |
|---|---|---|---|---|
| FY 2026 | $115,216 | +4.5% | +3.1% | +1.3% |
| FY 2025 | $110,288 | +7.5% | +2.6% | +4.7% |
| FY 2024 | $102,615 | +12.7% | +3.3% | +9.1% |
| FY 2023 | $91,047 | +14.1% | +6.3% | +7.4% |
| FY 2022 | $79,779 | +6.1% | +7.2% | −1.0% |
| FY 2021 | $75,157 | +5.7% | +2.3% | +3.4% |
| FY 2020 | $71,084 | +6.5% | +1.6% | +4.9% |
| FY 2019 | $66,717 | +5.7% | +2.1% | +3.6% |
| FY 2018 | $63,101 | +8.1% | +2.3% | +5.7% |
| FY 2017 | $58,393 | +14.0% | +1.8% | +11.9% |
| FY 2016 | $51,228 | +23.1% | +0.7% | +22.3% |
| FY 2015 | $41,615 | +6.9% | +0.7% | +6.1% |
| FY 2014 | $38,926 | +109.3% | +1.6% | +106.1% |
| FY 2013 | $18,598 | — | — | — |
Each change compares a year with the one before. Large swings usually come from a partial year, extra hours or a change of job rather than a raise. Prices: Consumer Price Index (CPI-U, U.S. city average) from the Bureau of Labor Statistics, averaged July to June; FY 2026 uses 11 months because October 2025 was not published.
Compared with the same job title
FY 2026 · Financial Inst Analyst
Paid more than 86% of the 7 people with this job title that year. The median was $112,982.
Uses the amount paid in the year, so partial years and part-time positions read low.
See everyone with this job titleEvery record
14 records, newest first
| FY | Agency | Job title | County | Base pay | Overtime | Paid |
|---|---|---|---|---|---|---|
| 2026 | Commerce Dept FE Banking North | Financial Inst Analyst Full-time | Ramsey | $55.42 /hr | — | $115,216 |
| 2025 | Commerce Dept FE Banking North | Financial Inst Analyst Full-time | Ramsey | $54.60 /hr | — | $110,288 |
| 2024 | Commerce Dept FE Banking North | Financial Inst Analyst Full-time | Ramsey | $50.27 /hr | — | $102,615 |
| 2023 | Commerce Dept FE Banking North | Financial Inst Analyst Full-time | Ramsey | $45.98 /hr | — | $91,047 |
| 2022 | Commerce Dept FE Banking North | Financial Inst Examiner Senior Full-time | Ramsey | $38.77 /hr | — | $79,779 |
| 2021 | Commerce Dept FE Banking North | Financial Inst Examiner Senior Full-time | Ramsey | $36.53 /hr | — | $75,157 |
| 2020 | Commerce Dept FE Banking North | Financial Inst Examiner Senior Full-time | Ramsey | $34.38 /hr | $340 | $71,084 |
| 2019 | Commerce Dept FE Banking North | Financial Inst Examiner Senior Full-time | Ramsey | $32.41 /hr | — | $66,717 |
| 2018 | Commerce Dept FE Banking North | Financial Inst Examiner Senior Full-time | Ramsey | $30.60 /hr | — | $63,101 |
| 2017 | Commerce Dept FE Banking North | Financial Inst Examiner Senior Full-time | Ramsey | $29.00 /hr | — | $58,393 |
| 2016 | Commerce Dept FE Banking North | Financial Inst Examiner Full-time | Ramsey | $24.60 /hr | — | $51,228 |
| 2015 | Commerce Dept FE Banking North | Financial Inst Examiner Full-time | Ramsey | $23.15 /hr | — | $41,615 |
| 2014 | Commerce Dept FE Banking North | Financial Inst Asst Examiner Full-time | Ramsey | $19.01 /hr | — | $38,926 |
| 2013 | Commerce Dept FE Banking North | Financial Inst Asst Examiner Full-time | Ramsey | $17.91 /hr | — | $18,598 |
The state reports one pay total per person per year, covering all of their positions, so it appears on one of that year’s lines and the others show no separate pay.
Highest paid in Commerce Dept
FY 2026, amount paid
- Slutsker, Benjamin$231,138Dir Actuarial & Reg Plcy Analy
- Andersen, Frederick James$230,638Dir Actuarial & Reg Plcy Analy
- Vigliaturo, Philip$230,385Dir Actuarial & Reg Plcy Analy
- Jahnke, Timothy A$186,094Deputy Commr Commerce
- Dreier, Julia$185,659Deputy Commr Commerce
- Crow, Michael G$185,344Deputy Commr Commerce
- Wyckoff, Peter H$181,054Deputy Commr Commerce
- Arnold, Grace$180,829Commissioner-Commerce
Highest paid as Financial Inst Analyst
FY 2026, amount paid
- Kelly, Grace$115,215Commerce Dept
- White, Nicholas David$115,215Commerce Dept
- Wall, Alexander$112,982Commerce Dept
- Harrington, John Benjamin$107,964Commerce Dept
- Billmeyer, Wade L$100,390Commerce Dept
- Peterson, Constance L$66,595Commerce Dept