Residents of Cleveland, Ohio pick up paychecks that are higher than any other city — the median salary is approximately $106K annually; other top-paying cities include the company's headquarter city of Westbury, N.Y. ($61K) and New York, N.Y. ($45K). Within the firm, employees working in Ohio take home the most — around $106K per year on average.
Desktop Engineers earn the highest median pay at $60K annually, followed by Assistant Branch Managers of Banking (about $51K), Asset Managers (approximately $50K), and Assistant Bank Managers (about $49K). Loan Administrators at New York Community Bank (NYCB) do not see much in the way of financial compensation and represent one of the lower-paid positions ($39K on average) at the company.
Years of Experience
For those with one to four years of experience, median paychecks reach $48K per year. Survey participants who have worked at New York Community Bank (NYCB) for between five and 10 years earn $46K annually on average. The greater proportion of employees (30 percent) report 10-19 years of experience and bring home median pay of around $55K per year.
Certifications and Degrees
Notary Publics are compensated at a much higher rate than non-authorized workers, bringing in close to $47K annually. New York Community Bank (NYCB) workers who hold a Master of Science (MS), Accounting are also well compensated, earning around $50K on average.
The highest-paying skill to have in this role seems to be Enterprise Application Integration; employees claiming this as part of the toolbox earn a median of $60K per year. Customer Service also popped up often in the survey as an important skill; more than a third of employees surveyed report using it at work. Three more common skills are Operations Management, Sales, and Banking.
Benefits and Perks
Only 31 percent at New York Community Bank (NYCB) enjoy paid vacation time, and just one in eight respondents can take sick leave. A large number of respondents save up for retirement through a 401(k) plan. Health insurance is part of the package for most employees, and for a strong majority of employees, dental coverage is too. Some other perks are life insurance, stock options, and a subsidized cell phone.