Residents of Hartford, Conn. pick up paychecks that are higher than any other city — the median salary is $122K per year; other top-paying cities include Pittsburgh, Pa. (about $115K) and Buffalo, N.Y. ($56K). By state, First Niagara Bank pays its Connecticut employees the most; the pay rate there is $98K annually.
Years of Experience
Workers who have been with the company for more than one year but less than five can make around $54K per year on average. Survey participants who have worked at First Niagara Bank for between five and 10 years earn approximately $55K annually on average. When we consider tenure, a substantial portion of employees (26 percent) have been working for 20 years or more and make $69K per year on average.
Senior Business Analysts represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $87K annually — though Bank VPs & Branch Managers, Financial Analysts, and Banking Branch Managers also do fairly well at around $60K, $60K, and about $59K, respectively. Near the bottom at First Niagara Bank are Senior Financial Analysts, pulling in an average of just approximately $54K.
Certifications and Degrees
Monetary compensation comes to $57K per year for Certified Public Accountants, far surpassing the earnings of non-credentialed workers. First Niagara Bank workers who hold a Master of Business Administration (MBA) are also well compensated, earning about $64K on average.
The highest-paying skill in this position seems to be Business Intelligence; individuals who report it as part of the repertoire have a median income of approximately $100K annually. Financial Analysis also popped up often in the survey as an important skill; close to one-fifth of employees surveyed report using it at work. Data Analysis, Accounting, and Microsoft Excel are also desirable skills.
Benefits and Perks
A 401(k) program is available, and almost all workers use it to save for retirement. A strong majority of employees receive health insurance, and a little over a half of workers get dental coverage. Other privileges include life insurance, a company cell phone, flexible hours, a casual working environment, and tuition reimbursement.