Nearing the top of the pay scale are Portfolio Managers, Financial Analysts, Banking Branch Managers, and Assistant Branch Managers of Banking; while the first receives the highest median pay at $75K per year, the other salaries come in at $62K, around $52K, and approximately $40K, respectively. Regions Bank hands out some of the smallest paychecks to Tellers (about $22K on average).
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. (about $63K), Atlanta, Ga. ($60K), and Nashville, Tenn. ($50K) are the next top-paying cities. On the lower end is Jackson, Tenn. at approximately $31K. Across its U.S. offices, the state of Georgia pays Regions Bank the most — around $70K per year on average.
Years of Experience
Between the one and five year mark, median pay is $38K annually. When we consider tenure, a substantial portion of employees (31 percent) have been working for five to nine years and make $49K per year on average.
Certifications and Degrees
Licensed Lawyers have significantly higher pay than non-accredited workers at about $85K annually. Bigger paychecks are awarded to CompTIA Security+ Experts with credentials; these people earn $81K per year on average. Regions Bank workers who hold a Master of Science (MS), Computer Science (CS) are also well compensated, earning around $102K on average.
The best-paying skill to have in this role appears to be Customer Relationship Management; employees who claim this ability report median compensation of approximately $64K annually. It's pretty common to find people here who know Customer Service; close to a third consider it a key competency. Key skills also include Banking, Sales, and Financial Analysis.
Benefits and Perks
Unfortunately, a minority of employees — about 37 percent — are presented with both paid vacation and sick leave. A 401(k) program is available, and a large number of respondents use it to save for retirement. Regions Bank provides health insurance to most survey participants, and a solid majority of employees do receive dental coverage. Regions Bank employees also enjoy perks such as life insurance, tuition reimbursement, a casual working environment, and free drinks.