When it comes to location, the highest average paycheck ($128K annually) can be spotted in Stamford, Conn.; the company's headquarter city of Bridgeport, Conn. (about $85K), Salem, Mass. ($60K), and Hartford, Conn. ($56K) are the next top-paying cities. By state, Connecticut offers the highest pay at approximately $73K per year.
Senior Portfolio Managers are awarded the highest paychecks, with compensation nearing around $114K annually on average; Banking Branch Managers are next on the list, bringing in close to about $64K, followed by Bank Managers earning approximately $58K and Financial Services Managers making $52K. Senior Administrative Assistants make an average around $50K, close to the bottom of the company pay scale.
Years of Experience
Those who have five to nine years of work experience see average salaries of $52K per year. Those with one to four years of experience at the company can expect to make $49K annually on average. The largest slice of the People's United Bank workforce (32 percent) has been working for 10-19 years and earns, on average, around $69K per year.
Certifications and Degrees
National Association of Security Dealers , Series 63 Licenses earn about $115K annually, far more than their non-accredited counterparts. FINRA Series 7 General Securities Representatives with credentials can live quite comfortably; median salaries come in at $114K per year. The highest-paying degree here is a Bachelor of Science in Bachelor of Science (BS / BSc); People's United Bank awards $128K to these degree-holders.
In this role, the best-paying skill appears to be Account Management; individuals who claim it among their capabilities enjoy a higher median salary of $102K annually. Folks here also tend to know Sales Management; on the survey, just under one in three of workers named it in their skills portfolios. Business Development, Operations Management, and Customer Service round out the set of key employee skills.
Benefits and Perks
Paid time off is hard to come by at People's United Bank; the company rewards only 30 percent with paid vacation time and only one-seventh of workers with sick leave. To plan for old age, most workers maintain savings accounts through the company's 401(k) plan. Health insurance comes as part of the deal for a large number of survey participants, and most respondents report receiving dental coverage as well. Additional benefits of working here are life insurance, a casual working environment, tuition reimbursement, and stock options.