Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $15.27 per hour. The greater proportion of employees (61 percent) report one to four years of experience and bring home median pay of approximately $10.35 per hour.
Visual Merchandise Supervisors are awarded the highest paychecks, with compensation nearing around $17.70 per hour on average; Visual Merchandisers are next on the list, bringing in close to $16.12, followed by Assistant Store Managers earning about $15.00 and Customer Service Supervisors making $13.79. Financial compensation for Sales Associates is rather low — on average only around $9.23 — relative to the rest of the company.
When it comes to location, the highest average paycheck ($17.34 per hour) can be spotted in Chicago, Ill.; Minneapolis, Minn. ($16.50), the company's headquarter city of San Francisco, Calif. ($15.22), and Mclean, Va. (about $15.00) are the next top-paying cities. Troy, Mich. is near the bottom for pay at approximately $10.00. Across Banana Republic Inc.'s U.S. offices, employees in the state of Illinois earn the most, taking home $15.78 per hour.
Certifications and Degrees
Employees who have a Bachelor's Degree make the most here, hauling in $12.50 per hour.
When it comes to skills, employees who report Sales Management among their abilities seem to make the most, reporting a median income of about $14.25 per hour. Customer Service is a popular skill among Banana Republic Inc. workers, with just over a half of those surveyed reporting using it on the job. Many workers usually know Retail, Merchandising, and Customer Relations as well.
Benefits and Perks
More than a third of workers save for retirement through Banana Republic Inc.'s 401(k) plan. Health insurance comes as part of the deal for a majority of workers, and over one-half of workers report receiving dental coverage as well. The company also dishes out perks such as stock options, a stock purchase plan, flexible hours, a casual working environment, and life insurance.