Bank Managers earn the highest median pay at about $56K per year, followed by Banking Branch Managers ($53K), Assistant Branch Managers of Banking (approximately $41K), and Assistant Bank Managers (around $38K). Bank Tellers make an average $26K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck ($70K annually) can be spotted in Atlanta, Ga.; the company's headquarter city of Birmingham, Ala. ($61K), Baton Rouge, La. ($50K), and Hoover, Ala. (around $43K) are the next top-paying cities. Memphis, Tenn. is one of the lowest-paid cities, with earnings averaging about $43K. Pay rates in the United States are highest in the state of Georgia, where they average to approximately $62K per year.
Years of Experience
Those who have five to nine years of work experience see average salaries of $55K annually. The greater proportion of employees (29 percent) report one to four years of experience and bring home median pay of $39K per year.
Certifications and Degrees
Microsoft Certified Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $92K annually. Regions Bank workers who hold a Bachelor of Science in Mechanical Engineering (BSME) are also well compensated, earning $93K on average.
In this position, it pays to have Financial Analysis in your toolkit; employees who claim proficiency enjoy a higher median salary of around $60K per year. Customer Service also popped up often in the survey as an important skill; close to a third of employees surveyed report using it at work. Other top skills include Sales, Banking, and Consumer Loans.
Benefits and Perks
Just one in four employees receive paid time off. A fair number of survey participants take advantage of the 401(k) plan that Regions Bank sponsors. Most employees receive health insurance, and a large number of workers get dental coverage. A few more workplace perks are life insurance, tuition reimbursement, a casual working environment, and 401(a).