Years of Experience
Workers who have been with the company for more than one year but less than five can make about $51K per year on average. For those with five to nine years of experience, average earnings amount to approximately $57K annually. The largest slice of the Associated Bank Corp. workforce (43 percent) has been working for 10-19 years and earns, on average, $73K per year.
When it comes to location, the highest average paycheck ($90K annually) can be spotted in Minneapolis, Minn.; Chicago, Ill. ($87K), Appleton, Wisc. (around $72K), and Milwaukee, Wisc. ($52K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Green Bay, Wisc. — at around $50K, salaries are some of the lowest in the country. Within the firm, employees working in Minnesota take home the most — approximately $90K per year on average.
Portfolio Managers rake in the most money, with average earnings of $75K annually; Bank Managers come in second with average earnings amounting to about $69K, while Banking Branch Managers and Auditors rank near the top as well ($52K and $51K, respectively).
Certifications and Degrees
Being a Certified Anti Money Laundering Specialist certainly has its perks — salaries approach around $51K per year and far exceed the paychecks of those without certification. Regarding salaries and education, Associated Bank Corp. pays those with a Master of Business Administration (MBA) the most — $85K.
The highest-paying skill to have in this role seems to be Business Development; employees claiming this as part of the toolbox earn a median of $80K annually. Folks here also tend to know Financial Analysis; on the survey, just under a third of workers named it in their skills portfolios. Key skills also include Microsoft Excel, Sales Management, and Loan Underwriting.
Benefits and Perks
Associated Bank Corp. sponsors a 401(k) program, and a fair number of survey participants use this option to save for their retirement. Though the larger part of survey participants get paid time off for vacation, only about a third of respondents receive paid sick leave. A large number of workers can count on health insurance, and a large number of survey participants have dental coverage as a benefit. Some other advantages of working at Associated Bank Corp. are life insurance, tuition reimbursement, a stock purchase plan, and stock options.