Sovran Bank/Delaware Salary

As of August 2026, the average hourly salary for employees at Sovran Bank/Delaware in the United States is $47. This translates to an approximate annual wage of $97,210. Salaries at Sovran Bank/Delaware typically range from $41 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Sovran Bank/Delaware

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Is Sovran Bank/Delaware’s Pay Competitive? Salary Benchmarking Analysis

How does Sovran Bank/Delaware'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
Saint Andrew's Episcopal School $56
+19.1%
Reflects structural premiums typical of Saint Andrew's Episcopal School's large-cap national operations.
Delaware Kontor $47
+0.8%
Indicates identical technical requirements and experience levels between the two firms.
Episcopal Diocese of Los Angeles $50
+7.1%
Supported by Episcopal Diocese of Los Angeles's high-margin contracts allowing higher overhead.
Ascension School $47
+1.4%
Confirms Ascension School is a direct competitor vying for the exact same talent pool.
Edu., Gov't. & Nonprofit Industry $56
+18.7%
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.

Employee Reviews: Working at Sovran Bank/Delaware

Considering a career at Sovran Bank/Delaware? 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.
Leadership fosters respect and inclusivity. Reliable employment, but innovation is often stifled by red tape. Benefits, including time off and retirement options, are above average. The inclusive, respectful culture promotes collaboration and innovation.
Most importantly, there's a tangible culture of respect where educators are trusted as professionals. Service delivery meets expectations but leaves room for improvement. Training and advancement opportunities exist, particularly for those proactive about growth. The company fosters a respectful, inclusive workplace with strong leadership support. Not much opportunity for creativity, but very secu...
The scale brings resources and opportunities districts can't match. The environment is collaborative, positive, and inclusive. Upper management is polite but distant, and decisions often take time. Thoughtful leadership and great coworkers make the difference.

Sovran Bank/Delaware Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
800 Silver Lake Blvd Dover Delaware DE 19901
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Sovran Bank/Delaware
Sovran Bank/Delaware is a company that operates in the Food & Beverages industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Dover, Delaware.

What Benefits Does Sovran Bank/Delaware Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sovran Bank/Delaware 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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What Is the Cost of Living Near Dover?

Understanding the cost of living near Dover is key to truly evaluating a salary offer or your current compensation at Sovran Bank/Delaware.
Dover's Cost of Living Index is approximately 93.1 (6.9% less expensive than US average; 9.5% less than DE average). State capital, Dover AFB, affordable housing. DART First State. When planning your budget based on a salary from Sovran Bank/Delaware, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Sovran Bank/Delaware salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,280 - $3,630+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sovran Bank/Delaware

1. What is the estimated average total compensation at Sovran Bank/Delaware?

Salary.com estimates that the average total compensation package at Sovran Bank/Delaware, which can include base salary, potential bonuses, and benefits, is around $47 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Sovran Bank/Delaware pay compared to Saint Andrew's Episcopal School?

The average annual salary at Sovran Bank/Delaware is $97,210, or an hourly wage of $47, in comparison to Saint Andrew's Episcopal School which pays $115,785 per year or $56 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Sovran Bank/Delaware?

Salary progression from an entry-level to a senior role at Sovran Bank/Delaware can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Sovran Bank/Delaware in Dover is fair given the local cost of living?

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

5. Are promotions at Sovran Bank/Delaware usually accompanied by a significant salary increase?

Yes, promotions at Sovran Bank/Delaware are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.