When it comes to location, the highest average paycheck ($120K annually) can be spotted in Orlando, Fla.; Lake Charles, La. (approximately $100K), Naples, Fla. (about $75K), and Lafayette, La. (around $70K) are the next top-paying cities. Expected earnings are below average ($38K) in Jonesboro, Ark., one of the lowest-paid cities. By state, IBERIABANK pays its Arkansas employees the most; the pay rate there is $79K per year.
The highest average salaries go to VPs of Commercial Lending, who bring in close to about $120K annually, though Business Bankers are not far behind at $90K along with Banking Branch Managers (approximately $52K) and Underwriters ($48K). IBERIABANK hands out some of the smallest paychecks to Assistant Branch Managers of Banking (around $39K on average).
Years of Experience
For those with one to four years of experience, median paychecks reach $49K per year. The greater proportion of employees (34 percent) report five to nine years of experience and bring home median pay of around $75K annually.
Certifications and Degrees
Notary Publics are compensated at a much higher rate than non-authorized workers, bringing in close to $65K per year. Nationwide Mortgage Licensing System & Registry Certifications also rank high on the pay scale, with expected average earnings of approximately $42K annually. IBERIABANK workers who hold a B.A. in Bachelor of Arts (BA) are also well compensated, earning about $140K on average.
In this position, it pays to have Sales in your toolkit; employees who claim proficiency enjoy a higher median salary of $90K per year. Financial Analysis is regularly seen around here; around one in four of those surveyed report it as a core competency. Customer Service, Business Development, and Loan Underwriting round out the set of key employee skills.
Benefits and Perks
29 percent — the minority — enjoy both paid vacation and paid sick time. The vast majority of workers take advantage of the 401(k) plan that IBERIABANK sponsors. Perks cover health insurance for nearly all employees and dental coverage for most workers. Some other advantages of working at IBERIABANK are life insurance, a subsidized cell phone, optional telecommute / work from home, and tuition reimbursement.