Years of Experience
Those who have five to nine years of work experience see average salaries of around $67K per year. The greater proportion of employees (44 percent) report one to four years of experience and bring home median pay of $43K annually.
Commercial Lenders are the best paid with the average salary hovering at $63K per year; Banking Branch Managers and Customer Service Representatives also rank near the top of the list, pulling in $57K and approximately $25K, respectively.
Residents of Parkersburg, W.Va. pick up paychecks that are higher than any other city — the median salary is about $54K annually; other top-paying cities include Charleston, W.Va. (around $45K) and Griffin, Ga. ($43K). Within the firm, employees working in Massachusetts take home the most — $82K per year on average.
Certifications and Degrees
FINRA Series 7 General Securities Representatives are compensated at a much higher rate than non-authorized workers, bringing in close to about $45K annually. United Bank provides the highest financial reward to those with a Bachelor's Degree — these employees rake in $45K per year.
The highest-paying skill to have may be Business Development; employees who claim proficiency also report a higher average salary of approximately $70K annually. Financial Analysis also popped up often in the survey as an important skill; one in five of employees surveyed report using it at work. Employees also tend to know Sales, Customer Service, and Customer Relationship Management.
Benefits and Perks
Company benefits — namely paid time off for both vacation and sick leave — are received by just a fifth of employees. A 401(k) program is available, and nearly all respondents use it to save for retirement. United Bank provides health insurance to a strong majority of respondents, and the larger part of respondents do receive dental coverage. A few more workplace perks are tuition reimbursement and life insurance.