Updated August 22, 2022

People's United Bank Salary Estimate

$43,383

$20.86 hourly

Entry level Salary
$22,000 yearly

How Much Does People's United Bank Pay?

People's United Bank pays an average salary of $43,383 per year, or $20.86 an hour. People's United Bank pays the lowest earners $22,000 a year, while the top 10 percent are paid over $83,000. The department you work in can have an impact on your salary as well. For employees in the engineering department, the average yearly salary is $100,259, and employees in the it department earn an average yearly salary of $80,341. Due to variations in the cost of living, location influences how much People's United Bank pays employees. People's United Bank pays employees the most in New York, NY and Bridgeport, CT.

Highest Paying Jobs At People's United Bank

While People's United Bank employees earn an average yearly salary of $43,383, different roles can command different wages. Some of the job titles with high salaries at People's United Bank are software engineer lead, enterprise architect, senior java developer, and java/j2ee developer. A typical software engineer lead salary at People's United Bank is $115,263. To get a better sense of the salaries at People's United Bank, other roles such as cashier and call center representative can be considered as well. For comparison, the title cashier at People's United Bank earns $32,467 per year.

Highest Paying Jobs At People's United Bank

RankJob TitleAverage People's United Bank SalaryHourly Rate
1Software Engineer Lead$115,263$55.41
2Enterprise Architect$112,599$54.13
3Senior Java Developer$111,142$53.43
4Java/J2ee Developer$98,197$47.21
5SAS Programmer$80,393$38.65
6Supervisor$69,985$33.65
7Commercial Credit Analyst$62,274$29.94
8Quality Assurance Analyst$61,569$29.60
9Branch Manager$56,233$27.04
10Customer Service Senior Associate$53,827$25.88
11Banker$50,310$24.19
12Underwriter$50,278$24.17
13Management Trainee$49,489$23.79
14Loan Representative$39,256$18.87
15Assistant Manager$39,209$18.85
16Loan Processor$36,871$17.73
17Administrative Assistant$35,852$17.24
18Customer Service Associate$33,797$16.25
19Internship$33,603$16.16
20Teller$32,798$15.77

Highest Paying People's United Bank Competitor Salaries

Competitors of People's United Bank include Bank of the West, Citizens Financial Group, and VAR Technology Finance. The wages at Bank of the West average higher than the other similar companies, where the median salary is $83,013 per year. The salaries at Citizens Financial Group average $75,737 per year, and the salaries at VAR Technology Finance come in at $63,732 per year.

Salaries By People's United Bank Competitors

RankCompany NameZippia ScoreAverage Salary
1Bank of the West4.7$83,013
2Citizens Financial Group4.8$75,737
3VAR Technology Finance4.2$63,732
4First Connecticut Ban4.1$63,034
5Danvers Bancorp3.6$62,642
6LSB Corp4.2$61,933
7BANKWEST4.1$57,299
8Bank of America4.8$53,211
9Union Bank of Michigan4.3$48,400
10Fifth Third Bank4.9$48,033
11New York Community Bank4.9$47,395
12U.S. Bank4.9$46,793
13Amscot4.3$45,698
14Maritime Savings Bank3.8$41,733
15Wells Fargo4.8$41,599
16ACE Cash Express4.4$39,402
17Belmont Savings Bank4.3$38,770
18State Bank of Cross Plains3.6$38,554
19TCF Financial4.7$37,841
20The Peoples Bank4.5$35,149

Average Pay By State For People's United Bank

RankStateAverage People's United Bank SalaryHourly Rate
1New York$53,285$25.62
2Massachusetts$51,732$24.87
3Connecticut$50,048$24.06
4New Hampshire$49,367$23.73
5Vermont$45,901$22.07

How Much Does People's United Bank Pay By Location?

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. Looking at our data, we can see that employees at People's United Bank earn more in some areas than others. The city with the highest average salary is New York, NY, where employees earn an average salary of $53,390. In Bridgeport, CT, People's United Bank pays a lower average salary of $50,061.

Salaries By Location At People's United Bank

RankLocationAverage People's United Bank SalaryHourly Rate
1New York, NY$53,390$25.67
2Bridgeport, CT$50,061$24.07
3Williston, VT$45,692$21.97
4Charlotte, NC$44,753$21.52

People's United Bank Salaries By Department

The salaries that employees earn in People's United Bank can be influenced by the department or organization function that they work in. Based on our analysis, the employees in engineering earn salaries at People's United Bank that are well above average, with yearly earnings averaging $100,259. Employees in the it department receive relatively high salaries as well, where wages average $80,341 per year. The organizational functions at People's United Bank that pay the least are retail and customer service. Workers in these departments earn $33,573 and $37,871, respectively.

Salaries By Department At People's United Bank

RankDepartmentAverage People's United Bank SalaryHourly Rate
1Engineering$100,259$48.20
2IT$80,341$38.63
3Plant/Manufacturing$70,959$34.11
4Finance$51,677$24.84
5Sales$51,334$24.68
6Administrative$41,130$19.77
7Customer Service$37,871$18.21
8Retail$33,574$16.14

How Much Does People's United Bank Pay by Department?

Best Paying People's United Bank Customer Service Position Salaries

RankPositionAverage People's United Bank SalaryHourly Rate
1Customer Service Senior Associate$53,827$25.88
2Senior Representative$51,617$24.82
3Customer Service Associate$33,797$16.25
4Call Center Representative$32,648$15.70

Best Paying People's United Bank Finance Position Salaries

RankPositionAverage People's United Bank SalaryHourly Rate
1Policy Advisor$91,017$43.76
2Quantitative Analyst$89,010$42.79
3Finance Associate$85,712$41.21
4Portfolio Manager$81,220$39.05
5Investment Associate$79,959$38.44
6Adjustment Supervisor$79,090$38.02
7Process Leader$76,042$36.56
8Investment Analyst$65,826$31.65
9Bank Officer$65,771$31.62
10Retirement Plan Specialist$64,593$31.05
11Branch Manager$56,233$27.04
12Banker$50,310$24.19
13Underwriter$50,278$24.17
14Finance Representative$47,688$22.93
15Account Officer$45,209$21.74
16Adjuster$42,692$20.53
17Underwriting Internship$39,648$19.06
18Loan Representative$39,256$18.87
19Branch Supervisor$39,071$18.78
20Mortgage Processor$37,967$18.25

Best Paying People's United Bank Retail Position Salaries

RankPositionAverage People's United Bank SalaryHourly Rate
1Management Trainee$49,489$23.79
2Sales Supervisor$45,370$21.81
3Assistant Manager$39,209$18.85
4Call Center Supervisor$34,268$16.48
5Teller$32,798$15.77
6Cashier$32,467$15.61

Frequently Asked Questions About People's United Bank Salaries

Is The Pay Good At People's United Bank?

No, the pay is not good at People's United Bank. Compared to the industry average of $51,498 per year, the average annual salary at People's United Bank is $43,383, which is 15.76% lower.

What Is The Starting Pay At People's United Bank?

The starting pay at People's United Bank is $22,000 per year, or $10.58 per hour.

How Much Does People's United Bank Pay Compared To Bank Of The West?

People's United Bank pays $43,383 per year on average compared to Bank of the West which pays $83,013. That works out to $20.86 per hour at People's United Bank, compared to $39.91 per hour at Bank of the West.

How Much Does People's United Bank Pay An Hour?

People's United Bank pays $20.86 an hour, on average.

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Zippia gives an in-depth look into the details of People's United Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about People's United Bank. The employee data is based on information from people who have self-reported their past or current employments at People's United Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by People's United Bank. The data presented on this page does not represent the view of People's United Bank and its employees or that of Zippia.

People's United Bank may also be known as or be related to PEOPLE S UNITED FINANCIAL INC., People's United Bank, People's United Bank, National Association, People's United Financial, People's United Financial Inc and People's United Financial, Inc.