First Midwest Bank Salary

First Midwest Bank Salary

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As of August 2026, the average hourly salary for employees at First Midwest Bank in the United States is $45. This translates to an approximate annual wage of $94,525. Salaries at First Midwest Bank typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does First Midwest Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at First Midwest Bank. Based on our data, the highest paying job is the Human Resources Director - Virtual, with an hourly wage of $91. The table below outlines the hourly wage ranges for most popular roles within the company.

Bookkeeper and Administrative Specialist

$27 / hour

Salary Range: $24 - $30

Accounts Payable

FT - Family Law Paralegal Marietta (2219)

$43 / hour

Salary Range: $39 - $48

Legal

FT Accountant (2224)

$41 / hour

Salary Range: $37 - $45

Finance and Accounting

FT Administrative Assistant/Research Assistant - Perimeter Area (2202)

$32 / hour

Salary Range: $29 - $36

Administrative Assistant IV

FT Corporate Recruiter (2210)

$82 / hour

Salary Range: $70 - $95

Sales

FT Family Law Paralegal Buckhead (2218)

$45 / hour

Salary Range: $41 - $50

Legal

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at First Midwest Bank.
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About First Midwest Bank: Company Profile

Website
www.firstmidwest.com
Founded In
1940
Employees
1,000 - 3,000 employees
Industry
Business Services
Headquarter Location
LIBERTYVILLE
Revenue
$500 Million - $1B
Phone Number
-
Social Media
About FIRST MIDWEST BANK
First Midwest Bank provides personal and commercial banking services for businesses and individuals.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into First Midwest Bank's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
It makes you feel valued and appreciated for the effort you put in. The company offers solid professional development. The company offers a focus on innovation. What stands out is how empowered employees are to make decisions that benefit clients, without excessive bureaucracy. With competitive compensation and a strong focus on development, it’s an organization that truly values its people.
Commented in February 02, 2025
37
2
They are approachable, transparent, and embody the company's values. Employees are encouraged to share ideas, and leadership supports innovation. They are always receptive and take the time to listen. Balanced workload and recognition. The organization excels in fostering a collaborative and inclusive environment. It's a very rewarding experience.
Commented in December 02, 2024
26
0
Leaders are approachable and open to new ideas. The company offers thoughtful leadership. Professional development is encouraged here. Processes are efficient, but the workplace feels overly formal. It shows they're invested in us not just as workers, but as people too, fostering loyalty.
Commented in January 19, 2024
24
2

How First Midwest Bank's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating First Midwest Bank’s pay competitiveness. Click on a company for a deeper dive.

Is First Midwest Bank’s Pay Competitive? Salary Benchmarking Analysis

How does First Midwest Bank'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
FAIRCHILD AIRCRAFT INCORPORATED $43
-5.0%
FAIRCHILD AIRCRAFT INCORPORATED likely leverages performance bonuses over the high base salary shown here.
VISION SYSTEMS INTERNATIONAL LLC $44
-4.1%
Reflects market rates for standard general contracting, differing from specialized roles.
GEORGE PELLETIER $45
-1.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
GCI $43
-5.1%
GCI focuses strategically on recruiting and training entry-level apprentices.
Business Services Industry $59
+27.9%
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.

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 First Midwest Bank.
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 First Midwest Bank, 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 First Midwest Bank 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.

Most Common Questions About First Midwest Bank

FAQ 1: What is the typical salary range (low to high) for most roles at First Midwest Bank?
The typical salary range for most roles at First Midwest Bank is approximately from $40 to $52 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.
FAQ 2: How much does First Midwest Bank pay compared to FAIRCHILD AIRCRAFT INCORPORATED?
The average annual salary at First Midwest Bank is $94,525, or an hourly wage of $45, in comparison to FAIRCHILD AIRCRAFT INCORPORATED which pays $89,809 per year or $43 per hour.
FAQ 3: How does experience level affect salary at First Midwest Bank?
Experience level is a significant factor in determining salary at First Midwest Bank, 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.
FAQ 4: How can I determine if a salary offer from First Midwest Bank in Chicago is fair given the local cost of living?
To determine if a salary offer from First Midwest Bank in Chicago is fair, first compare the gross salary to our data for similar roles at First Midwest Bank and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: What factors influence salary increases at First Midwest Bank?
Salary increases at First Midwest Bank 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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