When it comes to location, the highest average paycheck (approximately $81K annually) can be spotted in Hoover; the company's headquarter city of Birmingham ($58K), Atlanta (around $51K), and Nashville ($50K) are the next top-paying cities. High paychecks are not found in Ocala; in fact, at $33K it is one of the worst-paid cities. By state, Regions Bank employees make the most in Alabama, earning about $57K per year on average.
Branch Sales Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $65K — though Banking Branch Managers, Assistant Branch Managers of Banking, and Financial Services Specialists also do fairly well at $55K, approximately $40K, and around $31K, respectively. Bank Tellers at Regions Bank do not see much in the way of financial compensation and represent one of the lower-paid positions (about $22K) at the company.
Years of Experience
For those who claim five to nine years of work experience, pay generally amounts to $43K. The greater proportion of employees (34 percent) report one to four years of experience and bring home around $36K annually.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Lawyers, who make $75K. Licensed Health Insurance Agents also rank high on the pay scale, with expected earnings of about $50K per year. At Regions Bank, employees who hold a Master of Science (MS), Computer Science (CS) receive the highest salaries at $102K.
When it comes to skills, Financial Analysis seems to bolster pay the most; employees who claim proficiency also enjoy a median income of approximately $71K. A garden variety skill at Regions Bank is Customer Service; about a third of Regions Bank's people use it regularly. Employees also tend to know Banking, Sales, and Sales Management.
Benefits and Perks
Company benefits — namely paid time off for both vacation and sick leave — are received by just two in five workers. Almost all workers take advantage of the 401(k) plan that Regions Bank sponsors. The greater part of workers have health insurance, and benefits for a fair portion of workers also include dental insurance. Employees can also look forward to life insurance, tuition reimbursement, a casual working environment, and a stock purchase plan.