The highest paychecks go to Financial Advisors, who earn an average $174K annually, closely trailed by Senior Business Analysts (about $76K), Senior Financial Analysts (around $73K), and Financial Center Managers (approximately $62K). Earning only $39K on average, Personal Bankers make less than most people in the company.
When it comes to location, the highest average paycheck ($90K per year) can be spotted in Cleveland, Ohio; Indianapolis, Ind. ($79K), Chicago, Ill. (around $74K), and the company's headquarter city of Cincinnati, Ohio (about $66K) are the next top-paying cities. At $40K, Evansville, Ind. is home to some of the lowest pay in the country. The highest pay by state can be found in Illinois, where salaries average out at approximately $80K annually.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $64K per year. The largest slice of the Fifth Third Bancorp workforce (34 percent) has been working for one to four years and earns, on average, about $54K annually.
Certifications and Degrees
Chartered Financial Analysts receive bigger paychecks ($149K per year) than those without credentials. Certified Six Sigma Black Belts also rank high on the pay scale, with expected average earnings of approximately $95K annually. Regarding salaries and education, Fifth Third Bancorp pays those with a Master of Science (MS) the most — $79K.
The highest-paying skill to have may be Customer Relationship Management; employees who claim proficiency also report a higher average salary of $68K per year. A skill that is commonly seen around here is Sales; just under one-fifth deem it necessary for work. Employees also tend to know Data Analysis, Microsoft Excel, and Financial Analysis.
Benefits and Perks
The company does pay out vacation and sick days, but these benefits are received by only 37 percent. A large number of workers take advantage of the 401(k) plan that Fifth Third Bancorp sponsors. Perks cover health insurance for almost all employees and dental coverage for the vast majority of employees. Fifth Third Bancorp folks also make good use of a stock purchase plan, life insurance, tuition reimbursement, and optional telecommute / work from home.