When it comes to location, the highest average paycheck ($75K per year) can be spotted in Washington, DC; San Francisco, Calif. (approximately $63K), Los Angeles, Calif. (around $42K), and San Marino, Calif. ($41K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Chicago, Ill. — at $35K, salaries are some of the lowest in the country. Coldwell Banker workers in District of Columbia earn the most — about $75K annually on average.
Bringing in the most money are Marketing Managers — their earnings average approximately $57K per year. Real Estate Brokers are a close second at about $56K along with Receptionists ($40K) and Marketing Coordinators ($39K). With salaries averaging around $30K, Executive Assistants are among the lowest paid at Coldwell Banker.
Years of Experience
Workers who have been with the company for more than one year but less than five can make $36K annually on average. For those who claim five to nine years of work experience, pay on average amounts to approximately $45K per year. The largest slice of the Coldwell Banker workforce (36 percent) has been working for 10-19 years and earns, on average, $43K annually.
Certifications and Degrees
Salaries approach $80K per year for Licensed Real Estate Brokers; non-accredited workers make much less. Becoming a Licensed Real Estate Salesperson can certainly pay off here; those folks make around $35K on average. Coldwell Banker workers who hold an Associate's Degree are also well compensated, earning $50K on average.
In this role, the best-paying skill appears to be Marketing Communications; individuals who claim it among their capabilities enjoy a higher median salary of about $48K annually. Microsoft Office is regularly seen around here; nearly one in five of those surveyed report it as a core competency. Many workers are also familiar with Microsoft Excel, Graphic Design, and Office Administration.
The number of female employees who completed the survey outweighs the number of men; the female-to-male ratio is more than 3 to 1.
Benefits and Perks
The benefits packages at Coldwell Banker can sometimes lack paid time off; a third of survey participants get paid vacation days, and 18 percent receive paid sick leave. A fair number of workers allocate some part of their earnings to the company-sponsored 401(k) savings plan. At Coldwell Banker, just over two-fifths of workers have health insurance, and more than two-fifths of workers have dental coverage. Privileges also include tuition reimbursement, life insurance, a casual working environment, and a company cell phone.