Years of Experience
Survey participants who have worked at People's United Bank for between five and ten years earn approximately $50K on average. Those with one to four years of experience at the company can expect to make about $49K. When we consider tenure, a substantial portion of employees (31 percent) have been working for 20 years or more and make around $89K annually.
Residents of New Haven pick up paychecks that are higher than any other city — the median salary is $88K per year; other top-paying cities include Hartford ($85K) and the company's headquarter city of Bridgeport ($70K). Pay rates in the United States are highest in the state of Connecticut, where they average to $62K annually.
Nearing the top of the pay scale are Banking Branch Managers and Financial Services Managers; the former receives the highest median pay at around $60K while approximately $52K is the norm for the latter.
Certifications and Degrees
Being a Notary Public certainly has its perks — salaries approach about $53K and far exceed the paychecks of those without certification. Earning a Licensed Life Insurance Agent certification garners significant financial rewards of $47K per year. Those with a Master of Business Administration (MBA), Finance at People's United Bank come out on top, and their salaries approach $142K annually.
Employees who count Financial Analysis among their skills tend to enjoy higher pay; the median for this group is $90K. A common skill in People's United Bank's work force is Banking; around one in six of survey participants report using it on the job. Other top skills include Business Development, Customer Service, and Mortgage Loans.
Benefits and Perks
One in four workers receive paid vacation, and only one in six workers get sick leave. The greater part of workers plan for retirement by taking advantage of the company-sponsored 401(k) program. At People's United Bank, a strong majority of workers have health insurance, and a solid majority of workers have dental coverage. Other privileges include life insurance, tuition reimbursement, 401(a), and a stock purchase plan.