When it comes to location, the highest average paycheck ($90K per year) can be spotted in Minneapolis, Minn.; Appleton, Wisc. (about $72K), Green Bay, Wisc. (approximately $72K), and Chicago, Ill. (around $68K) are the next top-paying cities. At $48K, Milwaukee, Wisc. is home to some of the lowest pay in the country. U.S. pay levels are highest in the state of Minnesota; salaries there average to $90K annually.
Portfolio Managers earn the highest median pay at $74K per year, followed by Senior Financial Analysts (about $62K), Bank Managers (around $57K), and Banking Branch Managers ($53K). Personal Bankers make an average approximately $33K, close to the bottom of the company pay scale.
Years of Experience
Those with one to four years of experience at the company can expect to make $51K annually on average. Average pay is about $56K per year for those with five to nine years of experience. The greater proportion of employees (38 percent) report 10-19 years of experience and bring home median pay of around $73K annually.
Certifications and Degrees
Microsoft Certified Professionals have significantly higher pay than non-accredited workers at approximately $72K per year. Earning a Certified Anti Money Laundering Specialist certification garners significant financial rewards of $51K annually on average. It pays to have a Master of Business Administration (MBA) at Associated Bank Corp. — these employees make the most at $71K per year.
The highest-paying skill to have may be Portfolio Management; employees who claim proficiency also report a higher average salary of $74K annually. Financial Analysis is considered a run-of-the-mill skill; about one in four of Associated Bank Corp.'s people use it regularly. Sales Management, Microsoft Excel, and Team Leadership were also reported by many survey participants.
Benefits and Perks
Although the firm compensates over one-half of workers for vacation days, it only pays 36 percent for sick time. Associated Bank Corp. helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. A large number of workers have health insurance, and benefits for most survey participants also include dental insurance. Some other perks are life insurance, a stock purchase plan, and tuition reimbursement.