FirstMerit Corp Salary

FirstMerit Corp Salary

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As of April 2026, the average annual salary for employees at FirstMerit Corp in the United States is $85,449. This translates to an approximate hourly wage of $41. Salaries at FirstMerit Corp typically range from $74,958 to $96,832 annually, reflecting the diverse roles and experience levels within the company.

How Much Does FirstMerit Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at FirstMerit Corp. Based on our data, the highest paying job is the Senior Vice President, with an annual salary of $169,279. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at FirstMerit Corp

Ready for your next career move? Explore current job openings at FirstMerit Corp. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is FirstMerit Corp’s Pay Competitive? Salary Benchmarking Analysis

How does FirstMerit Corp's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Betterpay $107,062
+25.3%
Influenced by prevailing union wage agreements specific to Betterpay's sector.
AGL Credit Management LP $107,547
+25.9%
Driven by niche technical certifications required for AGL Credit Management LP's specialized projects.
Franchise Payment Networks Inc $83,245
-2.6%
Suggests Franchise Payment Networks Inc utilizes a highly similar base-plus-benefits compensation model.
Ironwood Finance Inc $82,886
-3.0%
Normalized for lower cost-of-living zones where Ironwood Finance Inc primarily operates.
Financial Services Industry $121,514
+42.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How FirstMerit Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at FirstMerit Corp. Click a company name to learn more.

Employee Reviews: Working at FirstMerit Corp

Considering a career at FirstMerit Corp? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Thoughtful placement reduces daily stress. The commitment to employee development and continuous learning is outstanding, offering numerous avenues for professional growth in a complex industry. The leadership team communicates well and provides growth opportunities. Professionalism and integrity are deeply valued.
Commented in May 29, 2025
28
1
The company’s commitment to diversity, equity, and inclusion creates a welcoming and collaborative environment. Cultural awareness training is meaningful, not just checkbox compliance. There are clear paths for advancement, supported by ongoing professional development. There’s a lot of attention to detail, and people care about doing things right. Proud to contribute to innovation. From certifica...
Commented in March 19, 2025
49
2
Thank-you notes from executives. Work is structured and relatively stress-free. Our team functions with mutual respect and shared goals. The leadership team is experienced, though not always accessible. The company fosters a culture of respect, innovation, and accountability.
Commented in March 13, 2024
45
3

FirstMerit Corp Overview

Website
www.firstmerit.com
Founded In
1845
Employees
<25 employees
Industry
Financial Services
Headquarter Address
2580 Sheridan Rd Zion Illinois IL 60099
Revenue
<$5 Million
Phone Number
+1 8477315130
Social Media
About FirstMerit Corp
FirstMerit Corporation (FirstMerit) is a bank holding company. The Companys principal business consists of owning and supervising its affiliates. As of December 31, 2013, FirstMerit Bank, N.A. (FirstMerit Bank), the Companys principal subsidiary, operated a network of 404 banking offices and 431 automated teller machines (ATMs). FirstMerit operates primarily through FirstMerit Bank and its other s

What Benefits Does FirstMerit Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. FirstMerit Corp offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at FirstMerit Corp?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at FirstMerit Corp.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from FirstMerit Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of FirstMerit Corp salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of FirstMerit Corp

1. What is the typical salary range (low to high) for most roles at FirstMerit Corp?

The typical annual salary range for most roles at FirstMerit Corp is approximately from $74,958 to $96,832. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does FirstMerit Corp pay compared to Betterpay?

The average annual salary at FirstMerit Corp is $85,449, or an hourly wage of $41, in comparison to Betterpay which pays $107,062 per year or $51 per hour.

3. Do salaries differ significantly between departments at FirstMerit Corp?

Yes, salaries often differ between departments at FirstMerit Corp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at FirstMerit Corp?

Experience level is a significant factor in determining salary at FirstMerit Corp, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from FirstMerit Corp in Chicago is fair given the local cost of living?

To determine if a salary offer from FirstMerit Corp in Chicago is fair, first compare the gross salary to our data for similar roles at FirstMerit Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. What factors influence salary increases at FirstMerit Corp?

Salary increases at FirstMerit Corp are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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