The highest paychecks go to Portfolio Managers, who earn an average approximately $75K per year, closely trailed by Banking Branch Managers ($53K), Assistant Branch Managers of Banking (around $39K), and Financial Services Specialists ($30K). Financial compensation for Tellers is rather low — on average only about $22K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($80K annually) can be spotted in Hoover, Ala.; the company's headquarter city of Birmingham, Ala. (around $63K), Atlanta, Ga. (approximately $60K), and Montgomery, Ala. (about $44K) are the next top-paying cities. At $31K, Jackson, Tenn. is home to some of the lowest pay in the country. By state, Regions Bank pays its Georgia employees the most; the pay rate there is $70K per year.
Years of Experience
Survey participants who have worked at Regions Bank for between five and 10 years earn $47K annually on average. The greater proportion of employees (32 percent) report one to four years of experience and bring home median pay of around $38K per year.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Lawyers, who make $85K annually. Bigger paychecks are awarded to CompTIA Security+ Experts with credentials; these people earn about $81K per year on average. Regarding salaries and education, Regions Bank pays those with a Master of Science (MS), Computer Science (CS) the most — approximately $102K.
In this role, the best-paying skill appears to be Customer Relationship Management; individuals who claim it among their capabilities enjoy a higher median salary of $64K annually. A garden variety skill at Regions Bank is Customer Service; one-third of Regions Bank's people use it regularly. Other top skills include Banking, Sales, and Financial Analysis.
Benefits and Perks
Company benefits — namely paid time off for both vacation and sick leave — are received by just 38 percent. A large number of employees participate in a 401(k) program. A large number of survey participants can count on health insurance, and a fair number of employees have dental coverage as a benefit. The list of perks also includes life insurance, tuition reimbursement, a casual working environment, and free drinks.