When it comes to location, the highest average paycheck (around $90K per year) can be spotted in Minneapolis, Minn.; Appleton, Wisc. (about $72K), Green Bay, Wisc. (approximately $70K), and Milwaukee, Wisc. ($48K) are the next top-paying cities. The highest pay by state can be found in Minnesota, where salaries average out at $90K annually.
Portfolio Managers are the best paid with the average salary hovering at $75K per year; Bank Managers, Banking Branch Managers, and Auditors also rank near the top of the list, pulling in around $69K, $52K, and $51K, respectively. Financial compensation for Personal Bankers is rather low — on average only approximately $33K — relative to the rest of the company.
Years of Experience
Those with one to four years of experience at the company can expect to make $51K annually on average. For those with five to nine years of experience, average earnings amount to about $57K per year. Broken down by tenure, the largest share of Associated Bank Corp. employees (42 percent) have 10-19 years of experience and earn approximately $71K annually on average.
Certifications and Degrees
Microsoft Certified Professionals have significantly higher pay than non-accredited workers at about $72K per year. Bigger paychecks are awarded to Certified Anti Money Laundering Specialists with credentials; these people earn around $51K annually on average. The best paid folks at Associated Bank Corp. have a Master of Business Administration (MBA), earning $71K per year.
When it comes to skills, Portfolio Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $74K annually. Folks here also tend to know Financial Analysis; on the survey, slightly less than a third of workers named it in their skills portfolios. Microsoft Excel, Sales Management, and Loan Underwriting were also reported by many survey participants.
Benefits and Perks
With an eye toward the future, Associated Bank Corp. offers several choices in retirement planning such as a 401(k) plan and a company pension plan. A majority of employees can rely on paid vacation days, but only 36 percent have the luxury of paid sick time. For most workers, benefits include health insurance, and a large number of respondents get dental coverage, too. Associated Bank Corp. employees also enjoy perks such as life insurance, tuition reimbursement, and a stock purchase plan.