When it comes to location, the highest average paycheck (around $115K per year) can be spotted in Ashburn, Va.; Washington, DC (about $92K), the company's headquarter city of Vienna, Va. ($71K), and Pensacola, Fla. (approximately $57K) are the next top-paying cities. On the lower end is San Diego, Calif. at $43K. The highest pay by state can be found in District of Columbia, where salaries average out at $92K annually.
The highest average salaries go to Business Operations Analysts, who bring in close to $78K per year, though Business Systems Analysts are not far behind at around $65K along with Banking Branch Managers (about $64K) and Credit Union Branch Managers ($60K). Financial compensation for Member Service Representatives is rather low — on average only $37K — relative to the rest of the company.
Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $46K annually on average. Those who have five to nine years of work experience see average salaries of $60K per year. When we consider tenure, a substantial portion of employees (33 percent) have been working for 10-19 years and make $68K annually on average.
Certifications and Degrees
Uniform Combined State Law Holders receive bigger paychecks (around $203K per year) than those without credentials. It pays to have a Bachelor's Degree at Navy Federal Credit Union — these employees make the most at $55K annually.
When it comes to skills, Microsoft Excel seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $86K per year. It's pretty common to find people here who know Customer Service; just over one in five consider it a key competency. Banking, Consumer Loans, and Sales are also desirable skills.
Benefits and Perks
Only 44 percent receive paid vacation and sick leave. It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. At Navy Federal Credit Union, a large number of survey participants have health insurance, and most respondents have dental coverage. Advantages of working here also include tuition reimbursement, gym membership, and life insurance.