Sales Salary at Merchants Bank BETA

How much does a Merchants Bank Sales make?

As of April 2025, the average annual salary for a Sales at Merchants Bank is $58,590, which translates to approximately $28 per hour. Salaries for Sales at Merchants Bank typically range from $50,133 to $66,485, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Merchants Bank Overview

Website:
merchantsbank.com
Size:
500 - 1,000 Employees
Revenue:
$50M - $200M
Industry:
Financial Services

Founded in 1849 and headquartered in Winona, Minnesota, Merchants Bank provides general and business banking services.

See similar companies related to Merchants Bank

What Skills Does a person Need at Merchants Bank?

At Merchants Bank, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
  3. Sales Development: Devising and strategizing new sales operations and processes to drive higher profitability.
  4. Prospecting: Prospecting is the first stage of the geological analysis (second – exploration) of a territory. It is the physical search for minerals, fossils, precious metals or mineral specimens, and is also known as fossicking. Prospecting is a small-scale form of mineral exploration which is an organised, large scale effort undertaken by commercial mineral companies to find commercially viable ore deposits. Prospecting is physical labour, involving traversing (traditionally on foot or on horseback), panning, sifting and outcrop investigation, looking for signs of mineralisation. In some areas a prospector must also make claims, meaning they must erect posts with the appropriate placards on all four corners of a desired land they wish to prospect and register this claim before they may take samples. In other areas publicly held lands are open to prospecting without staking a mining claim.
  5. Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.

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Check more jobs information at Merchants Bank

Job Title Average Merchants Bank Salary Hourly Rate
2 Accounting Assistant $44,696 $21
3 Chief Financial Officer $396,361 $191
4 Commercial Banking Officer $74,434 $36
5 Commercial Loan Officer $65,042 $31
6 Executive Assistant $78,777 $38
7 Junior Credit Analyst $52,595 $25
8 Lending Assistant $49,526 $24
9 Mortgage Loan Coordinator $39,808 $19
10 Mortgage Loan Processor $39,808 $19
11 Operations Assistant $47,970 $23
12 Payroll Specialist $87,769 $42
13 Customer Service & Collections Representative $45,232 $22

Hourly Pay at Merchants Bank

The average hourly pay at Merchants Bank for a Sales is $28 per hour. The location, department, and job description all have an impact on the typical compensation for Merchants Bank positions. The pay range and total remuneration for the job title are shown in the table below. Merchants Bank may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $58,590 look to you?

FAQ about Salary and Jobs at Merchants Bank

1. How much does Merchants Bank pay per hour?
The average hourly pay is $28. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Merchants Bank?
According to the data, the highest approximate salary is about $66,485 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Merchants Bank?
According to the data, the lowest estimated salary is about $50,133 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.