Years of Experience
Workers who have been with the company for more than one year but less than five can make $51K per year on average. The largest slice of the Fifth Third Bancorp workforce (31 percent) has been working for five to nine years and earns, on average, $55K annually.
Earning about $90K per year on average, Finance Managers receive the most money, followed by Quantitative Analysts (around $72K), Certified Public Accountants ($67K), and Banking Branch Managers (approximately $54K). Personal Bankers are among the lowest paid at a median salary of $37K.
When it comes to location, the highest average paycheck (approximately $71K annually) can be spotted in Columbus, Ohio; the company's headquarter city of Cincinnati, Ohio ($66K), Chicago, Ill. ($55K), and Cleveland, Ohio (around $52K) are the next top-paying cities. High paychecks are not found in Evansville, Ind.; in fact, at about $32K it is one of the worst-paid cities. Fifth Third Bancorp workers in Florida earn the most — $73K per year on average.
Certifications and Degrees
Licensed Producers earn $318K annually, far more than their non-accredited counterparts. Bigger paychecks are awarded to Licensed Lawyers with credentials; these people earn approximately $110K per year on average. The best paid folks at Fifth Third Bancorp have a Bachelor of Business Administration (BBA), earning about $90K annually.
When it comes to skills, employees who report Financial Analysis among their abilities seem to make the most, reporting a median income of $85K per year. Sales is considered a run-of-the-mill skill; just under a fourth of Fifth Third Bancorp's people use it regularly. Other top skills include Microsoft Excel, Sales Management, and Customer Service.
Benefits and Perks
Paid time off is scarce, with only about a third of workers receiving paid vacation and nearly one in four workers receiving sick leave. To plan for old age, most survey participants maintain savings accounts through the company's 401(k) plan. Fifth Third Bancorp provides health insurance to almost all survey participants, and most respondents do receive dental coverage. Advantages of working here also include a stock purchase plan, tuition reimbursement, life insurance, and a casual working environment.