Years of Experience
Those with one to four years of experience at the company can expect to make around $42K annually on average. The greater proportion of employees (48 percent) report five to nine years of experience and bring home median pay of $71K per year.
Senior Business Analysts rake in the most money, with average earnings of about $85K annually; Assistant VPs of Mortgage Lending come in second with median earnings amounting to approximately $65K per year.
Certifications and Degrees
Regarding salaries and education, Flagstar Bank pays those with a B.A. in Bachelor of Arts (BA) the most — $74K.
In this position, it pays to have Spring in your toolkit; employees who claim proficiency enjoy a higher median salary of $95K annually. One of the more prevalent skills at Flagstar Bank is Microsoft Office, with roughly one in four considering it a key competency. Employees also tend to know Microsoft Excel, Financial Analysis, and Data Analysis.
Benefits and Perks
Benefits include paid time off, but Flagstar Bank hands out more vacation days than sick days; the larger part of employees report receiving the former, but only one in eight employees report receiving the latter. Most survey participants plan for retirement by taking advantage of the company-sponsored 401(k) program. At Flagstar Bank, a large number of survey participants have health insurance, and most workers have dental coverage. Employees can also look forward to life insurance, a casual working environment, stock options, and a subsidized cell phone.