VPs of Sales earn the highest median pay at around $126K annually, followed by Finance Managers ($90K), Senior Finance Managers (approximately $84K), and Banking Branch Managers (about $65K). On the lower end are Personal Bankers at $37K on average.
When it comes to location, the highest average paycheck ($106K per year) can be spotted in Detroit, Mich.; Pittsburgh, Pa. (about $69K), Chicago, Ill. (around $63K), and the company's headquarter city of Cincinnati, Ohio ($60K) are the next top-paying cities. Louisville, Ky. ranks low on the pay scale — at $22K, it is one of the lowest-paid cities. The highest pay by state can be found in Michigan, where salaries average out at approximately $76K annually.
Years of Experience
Between the one and five year mark, median pay is $49K per year. The largest slice of the Fifth Third Bancorp workforce (31 percent) has been working for five to nine years and earns, on average, $53K annually.
Certifications and Degrees
Licensed Lawyers are compensated at a much higher rate than non-authorized workers, bringing in close to $110K per year. Project Management Professionals also rank high on the pay scale, with expected average earnings of $100K annually. Fifth Third Bancorp workers who hold a Master of Business Administration (MBA) are also well compensated, earning about $116K on average.
The best-paying skill to have in this role appears to be Financial Analysis; employees who claim this ability report median compensation of around $83K per year. A skill that is commonly seen around here is Customer Service; roughly one in five deem it necessary for work. Other top skills include Microsoft Excel, Sales Management, and Sales.
Benefits and Perks
Just 31 percent receive paid time off. Almost all employees report contributing to a 401(k). Fifth Third Bancorp provides health insurance to a large number of workers, and a strong majority of respondents do receive dental coverage. The list of perks also includes a stock purchase plan, life insurance, tuition reimbursement, and a casual working environment.