VPs of Information Technology are the best paid with the average salary hovering at about $150K per year; VPs of Finance, IT Business Analysts, and Associate Vice President (AVP), Financial Operationss also rank near the top of the list, pulling in around $130K, $92K, and $86K, respectively. Financial Analysts make an average approximately $68K, close to the bottom of the company pay scale.
Years of Experience
For those with five to nine years of experience, average earnings amount to $74K annually. The greater proportion of employees (32 percent) report one to four years of experience and bring home median pay of $69K per year.
When it comes to location, the highest average paycheck (about $102K annually) can be spotted in Chicago, Ill.; Miami, Fla. ($100K), Cary, N.C. (around $89K), and New York, N.Y. (approximately $88K) are the next top-paying cities. Raleigh, N.C. is near the bottom for pay at $59K. By state, the highest pay levels are found in Illinois, where the average Credit Suisse employee makes $102K per year.
Certifications and Degrees
FINRA Series 7 General Securities Representatives earn $125K annually, far more than their non-accredited counterparts. Becoming an Uniform Securities Agent State Law Holder can certainly pay off here; those folks make around $122K on average. Those with a Master of Business Administration (MBA), Finance at Credit Suisse come out on top, and their salaries approach about $122K per year.
The highest-paying skill to have in this role seems to be C#; employees claiming this as part of the toolbox earn a median of $94K annually. It's pretty common to find people here who know Microsoft Excel; nearly one in four consider it a key competency. Employees also tend to know Project Management, Microsoft Office, and Business Analysis.
Benefits and Perks
A lucky few (one in three survey participants) are fortunate enough to be compensated for both vacation and sick time. Most respondents participate in the company's 401(k) retirement savings plan. Health insurance is part of the package for most survey participants, and for a fair number of survey participants, dental coverage is too. Some other perks are life insurance, tuition reimbursement, optional telecommute / work from home, and supplemental paternity leave.