Branch Manager, Banking with Sales Management Skills Salary
With a little more than half of Banking Branch Managers with Sales Management skills reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $46K to $83K per year and averages out to $59K per year. Overall compensation packages to Banking Branch Managers with Sales Management skills range from $46K on the low end to $83K on the high end; this includes bonuses that peak near $15K and profit sharing that approaches $3K, with some high rollers snagging commissions as high as $15K. Compensation for this group is mainly affected by geography, but the company and experience level are influential factors as well. Job satisfaction is reported as high by the vast majority of workers. Women Banking Branch Managers with Sales Management skills who took the survey just slightly outnumber men. Medical and dental coverage is claimed by a large number, and most earn vision coverage. This overview is based on answers to PayScale's salary questionnaire.
Branch Manager, Banking Job Listings
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Popular Employer Salaries for Branch Manager, Banking
SunTrust Banks Inc., U.S. Bank, Bank of America Corp. (BOFA), Wells Fargo Bank, and Chase Bank are among the top companies that take on many Banking Branch Managers with Sales Management skills. Although Citibank leads the field in pay with a median salary of $82K, employees there receive a wide spread of salaries, from $66K on the low end all the way up to $117K at the top. Chase Bank, J.P. Morgan Chase & Co. (JPMCC), and TD Bank, N.A. also offer top salaries for Banking Branch Managers with Sales Management skills. Workers at these firms can expect to earn about $75K, $73K, and $73K, respectively.
Us bank, Citizens Financial Group, Inc., and Bank of America Corp. (BOFA) are a few other employers known for handing out relatively lightweight salaries ($56K, $57K, and $62K respectively).
Pay by Experience Level for Branch Manager, Banking
Median of all compensation (including tips, bonus, and overtime) by years of experience.
The average beginner in this position makes around $61K, but folks who have been around for five to 10 years see a markedly higher median salary of $65K. Banking Branch Managers with Sales Management skills with one to two decades of relevant experience report an average salary of approximately $66K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $65K.