| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Banks America | $91,894 |
+2.7%
|
Suggests Banks America utilizes a highly similar base-plus-benefits compensation model. |
| Banks America | $91,483 |
+2.3%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Banks America | $91,525 |
+2.3%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Banks America | $91,483 |
+2.3%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Financial Services Industry | $121,514 |
+35.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$91,894 / year
Salary Range: $80,547 - $104,246
Laceys Spring, AL
$91,483 / year
Salary Range: $80,181 - $103,782
Arab, AL
$91,525 / year
Salary Range: $80,218 - $103,819
Gadsden, AL
$91,483 / year
Salary Range: $80,181 - $103,782
Guntersville, AL
$91,504 / year
Salary Range: $80,190 - $103,795
Holly Pond, AL
$91,557 / year
Salary Range: $80,245 - $103,868
Rainbow City, AL
$91,641 / year
Salary Range: $80,318 - $103,953
Somerville, AL
$91,514 / year
Salary Range: $80,208 - $103,807
Cullman, AL
$91,557 / year
Salary Range: $80,245 - $103,868
Oneonta, AL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $750 - $1,250+ | A significant portion of Banks America salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $20 - $30 (Decatur Public Transit) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $350 - $500 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $250 - $500+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $300 - $550+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,810 - $3,070+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Banks America is approximately $89,447. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,394 to $101,465, depending on factors like job role, experience, and location.
The average annual salary at Banks America is $89,447, or an hourly wage of $43, in comparison to Banks America which pays $91,894 per year or $44 per hour.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Banks America for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Banks America, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Banks America, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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