Updated August 27, 2020

How Much Does Sallie Mae Bank Pay?

Sallie Mae Bank employees earn an average of $40,868 per year, which is $19.65 an hour.

There is a significant gap between the bottom 10 percent of earners and the top 10 percent of earners. The lowest-paid workers at Sallie Mae Bank make less than $23,000 a year, while the highest-paid workers can earn over $71,000.

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Sallie Mae Bank Salaries By Department

How much you earn at Sallie Mae Bank depends on your role, and the organizational function that you work in.

Employees in engineering roles earn the highest wages at Sallie Mae Bank, with an average salary of $80,494.

The plant/manufacturing organizational function also pays relatively high compared to other departments, where employees earn $76,446.

Departments that don't pay as well at Sallie Mae Bank include the customer service and administrative organizational functions, with employees earning $33,444 and $36,226, respectively.

Department
Average
Engineering
Engineering
$80,494
$80k
Plant/Manufacturing
Plant/Manufacturing
$76,446
$76k
IT
IT
$70,481
$70k
Marketing
Marketing
$61,916
$62k
Human Resources
Human Resources
$55,878
$56k
Finance
Finance
$55,114
$55k
Sales
Sales
$47,765
$48k
Accounting
Accounting
$45,218
$45k
Retail
Retail
$41,725
$42k
Facilities
Facilities
$37,845
$38k

Sallie Mae Bank Salaries By Job Title

The average employee at Sallie Mae Bank earns a yearly salary of $40,868 per year, but different jobs can earn drastically different salaries.

Some of the job titles with high salaries at Sallie Mae Bank are finance analyst, quality assurance engineer, consultant, and project manager.

A worker with the title finance analyst salary at Sallie Mae Bank can earn an average yearly salary of $79,641.

To get a better sense of the salaries at Sallie Mae Bank, other roles such as cashier and student assistant can be considered as well. For comparison, the title cashier at Sallie Mae Bank earns $22,305 per year.

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Sallie Mae Bank Customer Service Salaries

Sallie Mae Bank Finance Salaries

Sallie Mae Bank Sales Salaries

Job Title
Average
$33,675
$34k
$31,888
$32k

Sallie Mae Bank Salaries 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 Sallie Mae Bank earn more in some areas than others.

Our data shows that Sallie Mae Bank employees in Newton, MA get paid the most, where the average yearly pay is $47,869.

This can be compared to Industry, CA, where Sallie Mae Bank employees earn an average salary of $46,853.

Sallie Mae Bank Competitor Salaries

Based on our research, similar companies to Sallie Mae Bank are HSBC North America Holdings, The Standard, and National Financial Services.

The average salaries at HSBC North America Holdings rank the highest, with their employees earning an average salary of $77,556 per year.

Employees at The Standard earn an average of $69,013 per year, and the employees at National Financial Services earn an average salary of $63,740 per year.

Sallie Mae Bank Jobs