First BanCorp Salary

First BanCorp Salary

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As of August 2026, the average hourly salary for employees at First BanCorp in the United States is $57. This translates to an approximate annual wage of $118,201. Salaries at First BanCorp typically range from $50 to $65 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at First BanCorp

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Is First BanCorp’s Pay Competitive? Salary Benchmarking Analysis

How does First BanCorp'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
Bank of Texas $55
-2.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
First Bancorp $57
-0.2%
Confirms First Bancorp is a direct competitor vying for the exact same talent pool.
R&G Financial Corp $57
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
Cafenet UK $58
+1.6%
Suggests Cafenet UK utilizes a highly similar base-plus-benefits compensation model.
Financial Services Industry $59
+2.8%
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.

Companies Similar to First BanCorp and Their Hourly Pay Rates

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

Employee Reviews: Working at First BanCorp

Considering a career at First BanCorp? 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.
The learning portal offers hundreds of relevant courses. I’ve grown professionally here and feel consistently encouraged to contribute ideas and lead projects. Colleagues are dependable and collaborative. Benefits, including health coverage and bonuses, are among the best in the industry. This discipline saves countless hours. Career advancement opportunities are present but may require patience a...
Commented in April 21, 2025
12
3
The work is challenging in the best way, and management recognizes effort. Positive team energy and clear communication make this a productive environment. Career aspirations are discussed openly. Reliable technology stacks make our jobs easier.
Commented in February 03, 2025
29
2
The office culture is professional and it is somehow overly social. The leadership team is experienced, though not always accessible. Communication is streamlined and it is somehow very transparent.
Commented in January 19, 2024
33
1

First BanCorp Overview

Website
www.firstbankpr.com
Founded In
1948
Employees
3,000 - 7,500 employees
Industry
Financial Services
Headquarter Address
PO Box 9146 San Juan PR 00908
Revenue
$500 Million - $1B
Phone Number
+1 7877252511
Social Media
About First BanCorp
First BanCorp is a company that operates in the Financial Services industry. It employs 2,001-5,000 people and has $500M-$1B of revenue. The company is headquartered in San Juan, Puerto Rico.

What Benefits Does First BanCorp Offer Beyond Salary?

A competitive compensation package is more than just a salary. First BanCorp 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)
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FAQs of First BanCorp

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

The typical salary range for most roles at First BanCorp is approximately from $50 to $65 per hour. 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 First BanCorp pay compared to Bank of Texas?

The average annual salary at First BanCorp is $118,201, or an hourly wage of $57, in comparison to Bank of Texas which pays $115,100 per year or $55 per hour.

3. Do salaries differ significantly between departments at First BanCorp?

Yes, salaries often differ between departments at First BanCorp 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 First BanCorp?

Experience level is a significant factor in determining salary at First BanCorp, 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. Why might an individual's actual salary at First BanCorp differ from the ranges shown here?

An individual's actual salary at First BanCorp can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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