Nearing the top of the pay scale are Business Development VPs, Senior Portfolio Managers, Quantitative Analysts, and Certified Public Accountants; while the first receives the highest median pay at about $162K annually, the other salaries come in at around $131K, $74K, and $67K, respectively. Among the lower-paid positions at Fifth Third Bancorp are Personal Bankers — the median salary for this role approaches approximately $37K.
When it comes to location, the highest average paycheck ($99K per year) can be spotted in Louisville, Ky.; Cleveland, Ohio (around $90K), Columbus, Ohio (about $88K), and Gurnee, Ill. ($82K) are the next top-paying cities. Evansville, Ind. is near the bottom for pay at approximately $40K. Fifth Third Bancorp workers in Florida earn the most — $73K annually on average.
Years of Experience
Five to nine years of work experience seem to result in median wages of $57K per year. The largest slice of the Fifth Third Bancorp workforce (35 percent) has been working for one to four years and earns, on average, $55K annually.
Certifications and Degrees
Licensed Lawyers receive bigger paychecks (approximately $115K per year) than those without credentials. Earning a Certified Public Accountant certification garners significant financial rewards of around $67K annually on average. It pays to have a Bachelor of Science in Bachelor of Science (BS / BSc) at Fifth Third Bancorp — these employees make the most at about $61K per year.
The highest-paying skill to have in this role seems to be Data Analysis; employees claiming this as part of the toolbox earn a median of $69K annually. Sales also popped up often in the survey as an important skill; just over a fifth of employees surveyed report using it at work. Key skills also include Microsoft Excel, Financial Analysis, and Project Management.
Benefits and Perks
Two-fifths of employees have paid vacation, and only about a quarter of respondents can take paid time off for illness. For employees looking to save up for their golden years, Fifth Third Bancorp provides an optional 401(k) plan, and most survey participants participate. Health insurance comes as part of the deal for almost all workers, and a large number of employees report receiving dental coverage as well. Perks also include life insurance, a stock purchase plan, tuition reimbursement, and optional telecommute / work from home.