The highest average salaries go to Portfolio Managers, who bring in close to $80K annually, though Banking Branch Managers are not far behind at around $52K along with Underwriters ($52K) and Assistant Branch Managers of Banking (about $40K). Regions Bank hands out some of the smallest paychecks to Bank Tellers ($26K on average).
When it comes to location, the highest average paycheck (approximately $66K per year) can be spotted in Atlanta, Ga.; the company's headquarter city of Birmingham, Ala. ($59K), Jackson, Miss. (around $54K), and Hoover, Ala. (approximately $48K) are the next top-paying cities. High paychecks are not found in Nashville, Tenn.; in fact, at $42K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of about $61K annually) in Georgia.
Years of Experience
Survey participants who have worked at Regions Bank for between five and 10 years earn $53K per year on average. Overall, the greater share of Regions Bank folks have one to four years of experience and earn an average $39K annually.
Certifications and Degrees
CompTIA Linux+s are compensated at a much higher rate than non-authorized workers, bringing in close to $92K per year. CompTIA Security+ Experts also rank high on the pay scale, with expected average earnings of $91K annually. At Regions Bank, employees who hold a Bachelor of Science in Mechanical Engineering (BSME) receive the highest salaries at around $93K.
When it comes to skills, Financial Analysis seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $59K per year. It's pretty common to find people here who know Customer Service; approximately one-third consider it a key competency. Many workers usually know Sales, Banking, and Consumer Loans as well.
Benefits and Perks
A quarter of employees — the minority — enjoy both paid vacation and paid sick time. A fair number of respondents plan for retirement by taking advantage of the company-sponsored 401(k) program. Regions Bank provides health insurance to most respondents, and a large number of workers do receive dental coverage. Regions Bank also dishes out privileges such as life insurance, tuition reimbursement, a casual working environment, and 401(a).