Average Salary for People's United Bank Employees

Operating out of Bridgeport, Conn., People's United Bank employs talent in positions ranging from Banking Branch Manager to Financial Services Manager. Employees at People's United Bank make $44K per year on average. For the most part, employee paychecks at People's United Bank fluctuate depending on your experience level; where you live and your job title also matter, but to a lesser degree. The data for this overview comes from answers to PayScale's salary questionnaire.

How This Employer Pays

People's United Bank typically pays:
-9%
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)
$40,856 - $94,390  
   
[-]Branch Manager, Banking (5)
Salary$40,252 - $82,003  
   
Bonus$1,050 - $15,460  
Total Pay$40,856 - $94,390  
[+]Bank Teller (5)
$20,100 - $34,692  
   
[+]Bank Teller (5)
Bonus$128.81 - $2,835  
   
Total Pay$20,100 - $34,692  
[+]Personal Banker (4)
$22,700 - $44,324  
   
[+]Personal Banker (4)
Total Pay$22,700 - $44,324  
   
[+]Financial Services Manager (4)
$36,432 - $107,105  
   
[+]Financial Services Manager (4)
Salary$35,328 - $97,746  
   
Bonus$1,235 - $18,308  
Total Pay$36,432 - $107,105  
 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: 21 Nov 2014 | Individuals Reporting: 52
United States (change)

About This Company

850 MAIN ST
Bridgeport, Connecticut 06604

1842

Peoples United Bank


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 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.

Locations

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.

Jobs

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.

Skills

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.

Key Stats for People's United Bank

Gender

Female
50 %
Male
50 %
Salary
$37,000 - $55,929
Salary
$39,494 - $99,193
Less than 1 year
2%
1-4 years
34%
5-9 years
30%
10-19 years
15%
20 years or more
19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 18 votes.

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