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Synchrony Financial salary estimate

$48,657yearly

$23.39 hourly rate

Entry-level salary
$22,000 yearly salary
Updated April 25, 2024

Synchrony Financial Salary Overview

At Synchrony Financial, the estimated average salary stands at $48,657 annually, reflecting competitive compensation in the financial sector. The company offers various opportunities, with positions ranging from entry-level to advanced roles. For instance, customer service roles typically offer substantial starting salaries, while management positions command even higher pay. Salaries can also vary based on location, with states like California and New York often providing higher compensation due to the cost of living.

Highest Paying Positions

Among the most lucrative roles at Synchrony Financial are finance managers and senior analysts, often exceeding $80,000 in yearly compensation. Understanding these salary structures can assist prospective employees in making informed career choices. Additionally, exploring salaries by department reveals that positions in technology and management consistently rank among the highest paid within the company.

Highest paying jobs at Synchrony Financial

The highest paying jobs at Synchrony Financial are vice president of information technology, vice president of software engineering, development manager, and lead technician. Vice president of information technology jobs at Synchrony Financial earn an average yearly salary of $144,086, Synchrony Financial vice president of software engineering jobs average $129,618, and Synchrony Financial development manager jobs average $116,405.

The lowest paying Synchrony Financial roles include cashier and customer service representative. Synchrony Financial cashier average salary is $30,483 per year. So while the average Synchrony Financial salary is $48,657 there is a big variation in pay depending on the role.

Highest paying jobs at Synchrony Financial

RankJob titleAverage Synchrony Financial salaryHourly rate
1Vice President Of Information Technology$144,086$69.27
2Vice President Of Software Engineering$129,618$62.32
3Development Manager$116,405$55.96
4Lead Technician$116,088$55.81
5Senior Software Engineer$111,015$53.37
6Data Engineer$105,321$50.64
7Hadoop Developer$94,119$45.25
8Senior Analyst$92,717$44.58
9Consultant$90,945$43.72
10Data Analyst$78,032$37.52
11Account Manager$63,870$30.71
12Fraud Investigator$44,878$21.58
13Licensed Insurance Agent$42,745$20.55
14Collections Specialist$35,530$17.08
15Fraud Specialist$34,523$16.60
16Collector$34,407$16.54
17Bilingual Customer Service$33,949$16.32
18Collections Representative$33,945$16.32
19Customer Service Representative$33,310$16.01
20Cashier$30,484$14.66

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Average Synchrony Financial salary by state

Synchrony Financial pays the highest salaries in California due to higher costs of living and competition in the state.

RankStateAverage Synchrony Financial salaryHourly rate
1California$54,397$26.15
2New York$54,130$26.02
3Connecticut$51,650$24.83
4Illinois$49,462$23.78
5Texas$47,353$22.77
6North Carolina$47,226$22.70
7Ohio$46,252$22.24
8Georgia$46,195$22.21
9Florida$45,916$22.08
10Kansas$45,587$21.92

How much does Synchrony Financial pay by location?

The average Synchrony Financial salary varies by location. Synchrony Financial salaries are the highest in San Francisco, CA, at $55,441 per year. Synchrony Financial pays the second highest average salary in New York, NY, at $53,964 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest paying Synchrony Financial locations

RankLocationAverage Synchrony Financial salaryHourly rate
1San Francisco, CA$55,441$26.65
2New York, NY$53,964$25.94
3Stamford, CT$51,693$24.85
4Nore, MN$50,340$24.20
5Chicago, IL$49,582$23.84
6Charlotte, NC$47,139$22.66
7Phoenix, AZ$46,921$22.56
8Frisco, TX$46,871$22.53
9Kettering, OH$46,056$22.14
10Alpharetta, GA$46,049$22.14
11Altamonte Springs, FL$45,930$22.08
12Merriam, KS$45,492$21.87
13Draper, UT$44,854$21.56
14Rapid City, SD$44,421$21.36
15Boise, ID$43,420$20.88
16Bentonville, AR$42,589$20.48

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Synchrony Financial salaries by department

Salaries at Synchrony Financial vary depending on the department you work in. Synchrony Financial salaries in the engineering department are the highest with an average salary of $103,039. Employees in the it department at Synchrony Financial receive relatively high salaries as well, with an average salary of $92,178 per year. Departments that don't pay as well at Synchrony Financial include the retail and the customer service organizational functions, with employees earning average salaries of $32,482 and $34,343, respectively.

Average Synchrony Financial salary by department

RankDepartmentAverage Synchrony Financial salaryHourly rate
1Engineering$103,039$49.54
2IT$92,178$44.32
3Marketing$91,538$44.01
4Plant/Manufacturing$88,381$42.49
5Finance$61,531$29.58
6Sales$39,325$18.91
7Customer Service$34,344$16.51
8Retail$32,483$15.62

How much does Synchrony Financial pay by department?

Best paying Synchrony Financial customer service salaries

RankPositionAverage Synchrony Financial salaryHourly rate
1Senior Representative$49,547$23.82
2Senior Agent$38,555$18.54
3Escalation Specialist$36,730$17.66
4Client Specialist$36,081$17.35
5Bilingual Customer Service$33,949$16.32
6Customer Service Representative$33,310$16.01

Best paying Synchrony Financial sales salaries

RankPositionAverage Synchrony Financial salaryHourly rate
1Senior Sales Specialist$74,463$35.80
2Account Manager$63,870$30.71
3Licensed Insurance Agent$42,745$20.55
4Account Specialist$40,108$19.28
5Sales Associate$35,861$17.24
6Collections Coordinator$35,362$17.00
7Inbound Sale Representative$34,313$16.50
8Collections Representative$33,945$16.32
9Collection Agent$33,427$16.07

Best paying Synchrony Financial engineering salaries

RankPositionAverage Synchrony Financial salaryHourly rate
1Vice President Of Software Engineering$129,618$62.32
2Vice President Of Engineering$122,234$58.77
3Java Architect$115,520$55.54
4Senior Software Engineer$111,015$53.37
5Hadoop Administrator$110,473$53.11
6Configuration Management Lead$108,493$52.16
7Data Engineer$105,321$50.64
8ETL Lead$104,862$50.41
9Senior .NET Developer$103,352$49.69
10Computer Scientist$101,525$48.81
11Technical Specialist$100,535$48.33
12Hadoop Developer$94,119$45.25
13Middleware Administrator$91,473$43.98
14Validation Analyst$87,129$41.89
15Web Design/Development$86,130$41.41
16Java Programmer$86,061$41.38
17SAS Programmer$84,418$40.59
18Data Analyst$78,032$37.52
19Help Desk Specialist$57,188$27.49

Recently added Synchrony Financial salaries

JobLocationDate addedSalary
Strategic Account SpecialistRapid City, SD06/28/2025$51,132
Strategic Account SpecialistPhoenix, AZ06/28/2025$51,132
Strategic Account SpecialistDallas, TX06/28/2025$51,132
Strategic Account SpecialistCharlotte, NC06/28/2025$51,132
Strategic Account SpecialistCincinnati, OH06/28/2025$51,132

What employees say about salary at Synchrony Financial

Employee reviews
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1.0
A zippia user wrote a review on May 2024
Pros of working at Synchrony Financial

Getting to provide horrible customer service

Cons of working at Synchrony Financial

having to work at Synchrony. The worst bank possible

Synchrony Financial benefits

there are no benefits unless you like being a bad human being

What do you like best about Synchrony Financial's CEO and the leadership team?

The horrible customer service starts at the top!

How would you improve Synchrony Financial's culture?

start over

How did you prepare for the Synchrony Financial interview?

throwing out all my morals

How does your compensation at Synchrony Financial compare to the industry average?

low. just like the customer service of the company

What's the diversity at Synchrony Financial like?

there are plenty of untrained people

What brings you the most joy at Synchrony Financial?

Getting to leave knowing I have ruined peoples lives

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5.0
A zippia user wrote a review on Jul 2023
Pros of working at Synchrony Financial

My employer covers health benefits, having paid holidays,comfortable working at home

Synchrony Financial benefits

Sodexo

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4.0
A zippia user wrote a review on Jun 2021
Pros of working at Synchrony Financial

Nice people and good diversity

Cons of working at Synchrony Financial

High call volume and not enough staff

Synchrony Financial benefits

Awesome retirement great 401k and lots and lots of vacation and personal time.

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5.0
A zippia user wrote a review on Apr 2021
Pros of working at Synchrony Financial

Empowers it's employees to find new ways to improve outcomes and solve problems.

Cons of working at Synchrony Financial

Work-life balance is not always there.

Synchrony Financial benefits

Annual bonus of (15%) and 100% matching retirement benefits up to 6% of annual income, and excellent healthcare coverage.

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5.0
A zippia user wrote a review on Oct 2020
Pros of working at Synchrony Financial

Work life balance

Cons of working at Synchrony Financial

Lack of new positions most people stay through retirement.

Synchrony Financial benefits

Adequate leave time.

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2.0
A zippia user wrote a review on Apr 2019
Pros of working at Synchrony Financial

There were many benefits. They have a free gym on site, a full lunch area, and a café. They also have great health benefits and options for therapy should you need it.

Cons of working at Synchrony Financial

I did not appreciate the fact that card holders could call in and be extremely disrespectful and we couldn't transfer to a manager for them to handle them. Also they also are very kid friendly. If your child is sick you only have so many times to call out to take care of that child. I understand every job is like this. But they make you seem like your the only person requesting to be off because of a sick child. A little more compassion and empathy would be appreciated from supervisors who never had children or has never been in a military family.

Synchrony Financial benefits

The all inclusive health care. Pretty much become a full time employee and you have full health coverage for a little less than $10

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Zippia gives an in-depth look into the details of Synchrony Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Synchrony Financial. The employee data is based on information from people who have self-reported their past or current employments at Synchrony Financial. 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 Synchrony Financial. The data presented on this page does not represent the view of Synchrony Financial and its employees or that of Zippia.

Synchrony Financial may also be known as or be related to Synchrony and Synchrony Financial.