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Average Salary for People's United Bank Employees

Operating out of Bridgeport, Connecticut, People's United Bank employs talent in positions ranging from Banking Branch Manager to Financial Services Manager. People's United Bank employees typically bring home $45K annually. How long you've been working is the biggest factor affecting pay for People's United Bank workers, followed by geography and your job title. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

How This Employer Pays

People's United Bank typically pays:
-8%
below market

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Employer: People's United Bank
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Branch Manager, Banking (5)
$40,775 - $94,772  
   
[-]Branch Manager, Banking (5)
Salary$40,197 - $82,101  
   
Bonus$1,343 - $25,395  
Total Pay$40,775 - $94,772  
[+]Bank Teller (5)
$20,208 - $34,759  
   
[+]Bank Teller (5)
Bonus$135.65 - $2,706  
   
Total Pay$20,208 - $34,759  
[+]Financial Services Manager (4)
$36,231 - $107,930  
   
[+]Financial Services Manager (4)
Salary$36,726 - $96,099  
   
Bonus$1,183 - $16,990  
Total Pay$36,231 - $107,930  
[+]Personal Banker (4)
$22,613 - $43,776  
   
[+]Personal Banker (4)
Total Pay$22,613 - $43,776  
   
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 8 Nov 2014 | Individuals Reporting: 54
United States (change)

People's United Bank Details

850 MAIN ST
Bridgeport, Connecticut 06604

1842

Peoples United Bank

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Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Survey participants who have worked at People's United Bank for between five and ten years haul in approximately $50K on average. Workers who have been with the company for more than one year but less than five can typically make $49K. When we consider tenure, a substantial portion of employees (30 percent) have been working for 20 years or more and make about $89K per year.

Locations

Residents of New Haven pick up paychecks that are higher than any other city — the median salary is around $88K annually; other top-paying cities include Hartford ($85K) and the company's headquarter city of Bridgeport ($70K). Within the firm, employees working in Connecticut take home the most — around $62K per year on average.

Jobs

Banking Branch Managers earn the highest median pay at approximately $60K, followed by Financial Services Managers (about $52K).

Certifications and Degrees

Notary Publics receive bigger paychecks ($53K) than those without credentials. Bigger paychecks are awarded to Licensed Life Insurance Agents with credentials; these people typically earn $51K annually. People's United Bank workers who hold a Master of Business Administration (MBA), Finance are also well compensated, earning $142K on average.

Skills

The highest-paying skill in this position seems to be Financial Analysis; individuals who report it as part of the repertoire have a median income of $90K. Folks here also tend to know Business Development; on the survey, about a fifth of workers named it in their skills portfolios. Three more common skills are Banking, Sales Management, and Mortgage Loans.

Benefits and Perks

People's United Bank lets only a quarter of workers take paid vacation and only one-seventh of workers take sick leave. A 401(k) program is available, and a strong majority of workers use it to save for retirement. Health insurance is part of the package for a solid majority of workers, and for the greater part of workers, dental coverage is too. A few more workplace perks are life insurance, tuition reimbursement, 401(a), and a stock purchase plan.

Key Stats

Female
49 %
Male
51 %
Salary
$37,000 - $55,929
Salary
$39,635 - $97,500
Less than 1 year
2%
1-4 years
33%
5-9 years
31%
10-19 years
15%
20 years or more
19%
Highly satisfied
Rated 4 out of 5
based on 18 votes.

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