When it comes to location, the highest average paycheck ($66K annually) can be spotted in Atlanta, Ga.; the company's headquarter city of Birmingham, Ala. (around $61K), Baton Rouge, La. (about $50K), and Dallas, Texas ($48K) are the next top-paying cities. Hoover, Ala. is one of the lowest-paid cities, with earnings averaging approximately $38K. Within the firm, employees working in Alabama take home the most — $57K per year on average.
Years of Experience
For those with one to four years of experience, median paychecks reach $39K annually. Average pay is approximately $56K per year for those with five to nine years of experience. The largest fraction of Regions Bank people (30 percent) have been working for 10-19 years and earn about $51K annually on average.
Bank Managers earn the highest median pay at $56K per year, followed by Banking Branch Managers ($53K), Fraud Analysts (around $44K), and Assistant Branch Managers of Banking (about $42K). Among the lower-paid positions at Regions Bank are Financial Services Specialists — the median salary for this role approaches around $33K.
Certifications and Degrees
Salaries approach approximately $92K annually for Microsoft Certified Professionals; non-accredited workers make much less. Regions Bank compensates Bachelor of Science in Mechanical Engineering (BSME)-holders the most at $110K per year.
The highest-paying skill to have in this role seems to be Financial Analysis; employees claiming this as part of the toolbox earn a median of $62K annually. A relatively widespread skill at Regions Bank is Customer Service; close to a third of employees use it for work. Employees also tend to round out their skills sets with Sales, Banking, and Consumer Loans.
Benefits and Perks
A lucky few (23 percent) are fortunate enough to be compensated for both vacation and sick time. A strong majority of survey participants plan for retirement by taking advantage of the company-sponsored 401(k) program. Most respondents have health insurance, and benefits for most employees also include dental insurance. Regions Bank also dishes out privileges such as life insurance, a casual working environment, tuition reimbursement, and 401(a).