Average Salary for People's United Bank Employees

Operating out of Bridgeport, Conn., People's United Bank employs talent in positions ranging from Financial Services Manager to Banking Branch Manager. The median income for People's United Bank employees is $50K per year. People's United Bank paychecks are largely negotiated based on where you live, though your experience level and your job title are also considered. This report is based on responses to the PayScale salary survey.

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How This Employer Pays

People's United Bank typically pays:
-12%
below market
Similar employers pay:
3%
above market
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$34K$68K$102K
[-]Bank Teller (6)
$19,609 - $33,738  
   
[-]Bank Teller (6)
Total Pay$19,609 - $33,738  
   
[+]Financial Services Manager (6)
$36,313 - $99,814  
   
[+]Financial Services Manager (6)
Salary$35,806 - $90,289  
   
Bonus$1,199 - $15,300  
Profit Disbursement$381.87 - $5,240  
Total Pay$36,313 - $99,814  
[+]Branch Manager, Banking (4)
$39,780 - $93,542  
   
[+]Branch Manager, Banking (4)
Salary$38,712 - $81,856  
   
Bonus$1,028 - $13,145  
Total Pay$39,780 - $93,542  
[+]Personal Banker (4)
$22,823 - $44,352  
   
[+]Personal Banker (4)
Total Pay$22,823 - $44,352  
   
 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: 29 Mar 2015 | Individuals Reporting: 58

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About This Company

850 MAIN ST
Bridgeport, Connecticut 06604

1842

Peoples United Bank


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

Locations

Residents of Hartford, Conn. pick up paychecks that are higher than any other city — the median salary is $100K annually; other top-paying cities include the company's headquarter city of Bridgeport, Conn. ($73K) and Portland, Maine (around $51K). Across People's United Bank's U.S. offices, employees in the state of Massachusetts earn the most, taking home approximately $70K per year.

Years of Experience

Five to nine years of work experience seem to result in median wages of about $49K annually. Between the one and five year mark, median pay is $50K per year. The greater proportion of employees (29 percent) report 20 years or more of experience and bring home median pay of $89K annually.

Jobs

Earning $54K per year on average, Banking Branch Managers receive the most money, followed by Financial Services Managers (around $52K annually).

Certifications and Degrees

Those lacking certification bring in much lower salaries than Chartered Financial Analysts, who make $127K per year. Becoming a Notary Public can certainly pay off here; those folks make approximately $53K on average. People's United Bank provides the highest financial reward to those with a Master of Business Administration (MBA) — these employees rake in about $121K annually.

Skills

In this role, the best-paying skill appears to be Loan Underwriting; individuals who claim it among their capabilities enjoy a higher median salary of $75K per year. One of the more prevalent skills at People's United Bank is Mortgage Loans, with just under a fifth considering it a key competency. Other top skills include Banking, Sales Management, and Financial Analysis.

Benefits and Perks

Paid time off is in short supply here, with only 30 percent receiving paid vacation and one in seven respondents receiving paid sick days. A large number of respondents contribute to 401(k) savings accounts sponsored by the firm. Most respondents report having health insurance, and a fair number of employees report having dental coverage. The company also dishes out perks such as tuition reimbursement, life insurance, stock options, and 401(a).

Key Stats for People's United Bank

Gender

Female
54 %
Male
46 %
Salary
$23,315 - $58,000
Salary
$39,777 - $108,090
Less than 1 year
2%
1-4 years
36%
5-9 years
26%
10-19 years
17%
20 years or more
19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 19 votes.
United States (change)

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