VPs of Commercial Lending rake in the most money, with average earnings of $120K annually; Trust Officers come in second with median earnings amounting to $75K, and Assistant Branch Managers of Banking rank near the top as well (approximately $36K).
When it comes to location, the highest average paycheck (about $72K per year) can be spotted in New Orleans, La.; Naples, Fla. ($54K), Fort Lauderdale, Fla. (around $50K), and Birmingham, Ala. (about $45K) are the next top-paying cities. Montgomery, Ala. is near the bottom for pay at around $29K. By state, IBERIABANK pays its Florida employees the most; the pay rate there is $54K annually.
Years of Experience
Those with one to four years of experience at the company can expect to make approximately $50K per year on average. When we consider tenure, a substantial portion of employees (42 percent) have been working for five to nine years and make $40K annually on average.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Certified Public Accountants, who make $75K per year. Those with a Master of Business Administration (MBA) at IBERIABANK come out on top, and their salaries approach approximately $48K annually.
When it comes to skills, employees who report Business Development among their abilities seem to make the most, reporting a median income of around $120K per year. Customer Service is considered a run-of-the-mill skill; just under one in three of IBERIABANK's people use it regularly. Key skills also include Sales, Banking, and Financial Analysis.
Benefits and Perks
31 percent receive paid vacation, and only 19 percent get sick leave. For employees looking to save up for their golden years, IBERIABANK provides an optional 401(k) plan, and almost all survey participants participate. Most respondents have health insurance, and benefits for a large number of respondents also include dental insurance. IBERIABANK folks also make good use of tuition reimbursement, life insurance, supplemental maternity leave, and a subsidized cell phone.