Bringing in the most money are VPs of Sales — their earnings average $126K annually. Finance Managers are a close second at about $90K along with Senior Finance Managers (approximately $84K) and Banking Branch Managers ($65K). Among the lower-paid positions at Fifth Third Bancorp are Personal Bankers — the median salary for this role approaches $37K.
When it comes to location, the highest average paycheck (around $103K per year) can be spotted in Southfield, Mich.; Cleveland, Ohio ($74K), Pittsburgh, Pa. (around $69K), and Chicago, Ill. ($63K) are the next top-paying cities. Expected earnings are below average (about $22K) in Louisville, Ky., one of the lowest-paid cities. Within the firm, employees working in Michigan take home the most — approximately $73K annually on average.
Years of Experience
Workers who have been with the company for more than one year but less than five can make $48K per year on average. Overall, the greater share of Fifth Third Bancorp folks have five to nine years of experience and earn an average $52K annually.
Certifications and Degrees
Licensed Lawyers earn $110K per year, far more than their non-accredited counterparts. Becoming a Project Management Professional can certainly pay off here; those folks make $100K on average. Employees who have a Master of Business Administration (MBA) make the most here, hauling in around $140K annually.
Employees who count Financial Analysis among their skills enjoy higher pay; the median for this group is approximately $83K per year. Microsoft Excel is regularly seen around here; approximately one in five of those surveyed report it as a core competency. Other top skills include Sales Management, Sales, and Customer Service.
Benefits and Perks
Paid time off is in short supply here, with only one in three respondents receiving paid vacation and a quarter of survey participants receiving paid sick days. Nearly all respondents participate in a 401(k) program. Health insurance is part of the package for most survey participants, and for a fair number of employees, dental coverage is too. Fifth Third Bancorp folks also make good use of a stock purchase plan, life insurance, tuition reimbursement, and a casual working environment.