Residents of Hartford, Conn. pick up paychecks that are higher than any other city — the median salary is about $122K per year; other top-paying cities include Pittsburgh, Pa. ($83K) and Buffalo, N.Y. (around $56K). By state, First Niagara Bank pays its Connecticut employees the most; the pay rate there is $120K annually.
Years of Experience
Survey participants who have worked at First Niagara Bank for between five and 10 years earn approximately $55K per year on average. The largest slice of the First Niagara Bank workforce (29 percent) has been working for one to four years and earns, on average, $54K annually.
Senior Business Analysts are the best paid with the average salary hovering at around $87K per year; Bank VPs & Branch Managers, Financial Analysts, and Banking Branch Managers also rank near the top of the list, pulling in $60K, about $60K, and $59K, respectively. Near the bottom at First Niagara Bank are Senior Financial Analysts, pulling in an average of just approximately $54K.
Certifications and Degrees
Being a Certified Public Accountant certainly has its perks — salaries approach $57K annually and far exceed the paychecks of those without certification. First Niagara Bank compensates Master of Business Administration (MBA)-holders the most at around $64K per year.
When it comes to skills, Business Intelligence seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $100K annually. Financial Analysis is a popular skill among First Niagara Bank workers, with close to a fourth of those surveyed reporting using it on the job. Other skills in demand are Data Analysis, Microsoft Excel, and Accounting.
Benefits and Perks
Nearly all employees allocate some part of their earnings to the company-sponsored 401(k) savings plan. Health insurance is part of the package for a strong majority of workers, and for a majority of survey participants, dental coverage is too. The company also dishes out perks such as life insurance, a company cell phone, flexible hours, a casual working environment, and tuition reimbursement.