When it comes to location, the highest average paycheck ($75K annually) can be spotted in Washington, DC; San Francisco, Calif. ($63K), Los Angeles, Calif. (about $42K), and San Marino, Calif. (approximately $41K) are the next top-paying cities. Chicago, Ill. ranks low on the pay scale — at around $35K, it is one of the lowest-paid cities. By state, District of Columbia offers the highest pay at $75K per year.
Marketing Managers are awarded the highest paychecks, with compensation nearing $57K annually on average; Real Estate Brokers are next on the list, bringing in close to $56K, followed by Receptionists earning about $40K and Marketing Coordinators making $39K. Executive Assistants at Coldwell Banker do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $30K on average) at the company.
Years of Experience
For those with one to four years of experience, median paychecks reach around $36K per year. Average pay is $45K annually for those with five to nine years of experience. Broken down by tenure, the largest share of Coldwell Banker employees (36 percent) have 10-19 years of experience and earn $43K per year on average.
Certifications and Degrees
Salaries approach around $80K annually for Licensed Real Estate Brokers; non-accredited workers make much less. Licensed Real Estate Salespersons with credentials can live quite comfortably; median salaries come in at $35K per year. It pays to have an Associate's Degree at Coldwell Banker — these employees make the most at about $50K annually.
The best-paying skill to have in this role appears to be Marketing Communications; employees who claim this ability report median compensation of approximately $48K per year. A garden variety skill at Coldwell Banker is Microsoft Office; nearly one-fifth of Coldwell Banker's people use it regularly. Many workers are also familiar with Microsoft Excel, Graphic Design, and Office Administration.
With a more than 3 to 1 female-to-male ratio, women represent the better half of Coldwell Banker's employees who responded to the survey.
Benefits and Perks
As part of compensation, Coldwell Banker gives paid vacation to one in three survey participants and paid sick leave to 18 percent. To plan for old age, a solid majority of employees maintain savings accounts through the company's 401(k) plan. Just over a half of workers have health insurance, and benefits for more than two-fifths of workers also include dental insurance. Some other perks are tuition reimbursement, life insurance, a casual working environment, and a subsidized cell phone.