Banking Branch Managers earn the highest median pay at $60K per year, followed by Finance & Banking Business Analysts ($55K), Business Systems Analysts (about $52K), and Assistant Branch Managers of Banking (approximately $48K). Employee Benefits Coordinators at Regions Financial Corporation do not see much in the way of financial compensation and represent one of the lower-paid positions (around $28K on average) at the company.
Years of Experience
Between the one and five year mark, median pay is $41K annually. Broken down by tenure, the largest share of Regions Financial Corporation employees (33 percent) have five to nine years of experience and earn $64K per year on average.
When it comes to location, the highest average paycheck ($73K annually) can be spotted in Nashville, Tenn.; Atlanta, Ga. (approximately $73K), Jackson, Miss. (around $67K), and the company's headquarter city of Birmingham, Ala. ($54K) are the next top-paying cities. Hoover, Ala. ranks low on the pay scale — at about $47K, it is one of the lowest-paid cities. Across its U.S. offices, the state of Tennessee pays Regions Financial Corporation the most — $68K per year on average.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Health Insurance Agents, who make $84K annually. Acquiring certification to be a Licensed Lawyer is rewarded with median pay of approximately $72K per year. Employees who have a Master of Science (MS) make the most here, hauling in around $85K annually.
The highest-paying skill to have in this role seems to be Risk Management / Risk Control; employees claiming this as part of the toolbox earn a median of about $81K per year. Folks here also tend to know Financial Analysis; on the survey, approximately one in seven of workers named it in their skills portfolios. Many workers usually know Data Analysis, Microsoft Excel, and Banking as well.
Benefits and Perks
Paid time off is scarce, with only about 31 percent receiving paid vacation and nearly one in four workers receiving sick leave. Most workers save for retirement through Regions Financial Corporation's 401(k) plan. Most employees receive health insurance, and a solid majority of survey participants get dental coverage. The list of perks also includes life insurance, tuition reimbursement, a company cell phone, and 401(a).