When it comes to location, the highest average paycheck (around $75K per year) can be spotted in Nashville, Tenn.; Jackson, Miss. (approximately $71K), the company's headquarter city of Birmingham, Ala. (about $56K), and Memphis, Tenn. ($54K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Gainesville, Ga. — at $35K, salaries are some of the lowest in the country. Pay rates in the United States are highest in the state of Mississippi, where they average to $71K annually.
Banking Branch Managers are the best paid with the average salary hovering at about $65K per year; Assistant Branch Managers of Banking and Financial Services Specialists also rank near the top of the list, pulling in $45K and around $30K, respectively.
Years of Experience
Between the one and five year mark, median pay is $53K annually. Broken down by tenure, the largest share of Regions Financial Corporation employees (31 percent) have five to nine years of experience and earn approximately $59K per year on average.
Certifications and Degrees
Monetary compensation comes to $84K annually for Licensed Health Insurance Agents, far surpassing the earnings of non-credentialed workers. Becoming a Certified Public Accountant can certainly pay off here; those folks make $74K on average. At Regions Financial Corporation, employees who hold a B.A. in Bachelor of Arts (BA) receive the highest salaries at about $71K.
When it comes to skills, employees who report Sales Management among their abilities seem to make the most, reporting a median income of $65K per year. It's pretty common to find people here who know Microsoft Excel; approximately one-fourth consider it a key competency. Some other standard skills here are Banking, Sales, and Customer Service.
Benefits and Perks
The company allows a little over a half of workers to take paid time off for vacation, but only half of survey participants get paid sick leave. A large number of survey participants save up for retirement through a 401(k) plan. Health insurance is part of the package for a strong majority of workers, and for a large number of employees, dental coverage is too. A few more workplace perks are life insurance, tuition reimbursement, a company cell phone, and free drinks.