When it comes to location, the highest average paycheck (around $100K per year) can be spotted in Detroit, Mich.; Cleveland, Ohio ($90K), Nashville, Tenn. ($81K), and Chicago, Ill. (about $66K) are the next top-paying cities. Evansville, Ind. is near the bottom for pay at approximately $40K. By state, Florida offers the highest pay at $73K annually.
Years of Experience
Survey participants who have worked at Fifth Third Bancorp for between five and 10 years earn $57K per year on average. The largest fraction of Fifth Third Bancorp people (32 percent) have been working for one to four years and earn approximately $55K annually on average.
Senior Finance Managers rake in the most money, with average earnings of $84K per year; Quantitative Analysts come in second with average earnings amounting to around $74K, while Portfolio Managers and Banking Branch Managers rank near the top as well ($57K and about $54K, respectively). Personal Bankers are among the lowest paid at a median salary of $37K.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Lawyers, who make $115K annually. On average, salaries rise to around $70K per year for accredited Certified Public Accountants. It pays to have a Bachelor of Business Administration (BBA) at Fifth Third Bancorp — these employees make the most at about $65K annually.
In this role, the best-paying skill appears to be Data Analysis; individuals who claim it among their capabilities enjoy a higher median salary of approximately $69K per year. A relatively widespread skill at Fifth Third Bancorp is Sales; roughly a fifth of employees use it for work. Many workers usually know Financial Analysis, Microsoft Excel, and Sales Management as well.
Benefits and Perks
Paid time off is in short supply here, with only 37 percent receiving paid vacation and a quarter of respondents receiving paid sick days. Most employees participate in the company's 401(k) retirement savings plan. Almost all employees can count on health insurance, and most respondents have dental coverage as a benefit. Fifth Third Bancorp folks also make good use of a stock purchase plan, life insurance, tuition reimbursement, and optional telecommute / work from home.