Years of Experience
Workers who have been with the company for more than one year but less than five can make $45K annually on average. The largest slice of the Flagstar Bank workforce (39 percent) has been working for five to nine years and earns, on average, approximately $67K per year.
Bringing in the most money are Banking Branch Managers — their earnings average $55K annually. Assistant VPs of Mortgage Lending are a close second at $54K per year.
Certifications and Degrees
Certified Information Systems Auditors are compensated at a much higher rate than non-authorized workers, bringing in close to about $81K annually. Flagstar Bank compensates Master of Business Administration (MBA)-holders the most at around $68K per year.
In this role, the best-paying skill appears to be Oracle; individuals who claim it among their capabilities enjoy a higher median salary of about $100K annually. People Management is considered a run-of-the-mill skill; one in seven of Flagstar Bank's people use it regularly. Other skills in demand are Business Analysis, Microsoft Excel, and Mortgage Loans.
Benefits and Perks
The benefits packages at Flagstar Bank can sometimes lack paid time off; 43 percent get paid vacation days, and one in seven respondents receive paid sick leave. Almost all survey participants save for retirement through Flagstar Bank's 401(k) plan. A fair number of survey participants have health insurance, and benefits for a strong majority of respondents also include dental insurance. Flagstar Bank also dishes out privileges such as life insurance, flexible hours, a casual working environment, and stock options.