Bringing in the most money are General Manager VPs — their earnings average $143K per year. Human Resources Business Partners are a close second at $102K along with Financial Advisors ($102K) and Banking Branch Managers (about $61K). People's United Bank hands out some of the smallest paychecks to Financial Services Representatives (approximately $48K on average).
Years of Experience
Five to nine years of work experience seem to result in median wages of around $61K annually. Between the one and five year mark, median pay is about $49K per year. The largest fraction of People's United Bank people (32 percent) have been working for 20 years or more and earn $103K annually on average.
When it comes to location, the highest average paycheck (around $97K per year) can be spotted in Boston, Mass.; the company's headquarter city of Bridgeport, Conn. ($92K), Portland, Maine (approximately $71K), and Salem, Mass. ($61K) are the next top-paying cities. At about $48K, East Setauket, N.Y. is home to some of the lowest pay in the country. By state, the highest compensation levels appear in Connecticut, where the average salary is around $76K annually.
Certifications and Degrees
Salaries approach $134K per year for Certified Internal Auditors; non-accredited workers make much less. On average, salaries rise to $100K annually for accredited Senior Human Resources Professionals. Those with a Bachelor of Science in Bachelor of Science (BS / BSc) at People's United Bank come out on top, and their salaries approach $118K per year.
The best-paying skill to have in this role appears to be Employee Relations; employees who claim this ability report median compensation of approximately $104K annually. Customer Service is considered a run-of-the-mill skill; roughly one in four of People's United Bank's people use it regularly. Sales, People Management, and Business Development were also reported by many survey participants.
Benefits and Perks
People's United Bank lets only a fifth of employees take paid vacation and only 9 percent take sick leave. For employees looking to save up for their golden years, People's United Bank provides an optional 401(k) plan, and a fair number of employees participate. Perks cover health insurance for a solid majority of employees and dental coverage for a fair number of workers. Additional benefits of working here are life insurance, tuition reimbursement, employee stock ownership plan (esop), and a company cell phone.