Salem Five Salary

How Much Does Salem Five Pay?BETA

As of March 2025, the average annual salary for employees at Salem Five in the United States is $123,158. This translates to an approximate hourly wage of $59. Salaries at Salem Five typically range from $107,864 to $139,876 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Salem Five, A President & Chief Executive Officer is among the highest earners, with an average salary of approximately $953,354 per year. Conversely, the lowest-paid position is Business Banking Associate, earning around $39,646 annually. Explore this page further for more salary and benefits information at Salem Five.

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.

How Much Does Salem Five Pay for Different Roles?BETA

At Salem Five, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President & Chief Executive Officer positions at Salem Five offer the highest average annual salary of $953,354, while Business Banking Associate roles have an average annual salary of $39,646.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President & Chief Executive Officer $726,464 - $1,206,807 $953,354 Salem Five
Chief Financial Officer $379,624 - $626,443 $497,037 Salem Five
Senior Vice President and General Counsel $369,075 - $507,837 $434,429 Salem Five
Chief Marketing Officer $350,112 - $480,472 $401,559 Salem Five
Vice President, Commercial Real Estate $332,500 - $462,943 $383,136 Salem Five
Executive Vice President $298,988 - $437,200 $362,769 Salem Five
Vice President, Information Systems $301,468 - $385,714 $341,921 Salem Five
Senior VP, Sales $280,697 - $371,651 $326,431 Salem Five
Vice President, Commercial Lending $247,270 - $377,771 $309,519 Salem Five
Vice President, Mortgage Operations $223,395 - $360,480 $295,255 Salem Five
Vice President, Cash Management $236,381 - $326,375 $271,083 Salem Five
Vice President, Facilities $227,941 - $293,348 $259,683 Salem Five
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.
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Salem Five Overview

Website:
salemfive.com
Size:
500 - 1,000 Employees
Industry:
Financial Services
Revenue:
$200M - $500M
About:
Salem Five was founded in 1855. This company provides banking and investment services. Their headquarters are located in Salem, MA.

Most Common Benefits for Salem Five

Aside from the base salary, Salem Five offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Salem Five

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Salem Five ’s peer companies.
Boston Private Financial Holdings Inc Boston, MA $109,348 - $141,803 Company Salary Range $124,857 Average Company Salary
Hanmi Financial Corp Los Angeles, CA $108,075 - $140,145 Company Salary Range $123,401 Average Company Salary
LegacyTexas Group Inc Plano, TX $96,565 - $125,231 Company Salary Range $110,258 Average Company Salary
Homestreet Inc Seattle, WA $105,252 - $136,499 Company Salary Range $120,184 Average Company Salary
National Bank of Egypt New York City, NY $114,636 - $148,668 Company Salary Range $130,901 Average Company Salary
Central Pacific Financial Corp Honolulu, HI $99,580 - $129,133 Company Salary Range $113,707 Average Company Salary
Axos Bank San Diego, CA $102,961 - $133,523 Company Salary Range $117,568 Average Company Salary
VITEOS Fund Services LLC Somerset, NJ $110,182 - $142,900 Company Salary Range $125,816 Average Company Salary
Live Oak Bank Wilmington, NC $88,520 - $114,793 Company Salary Range $101,071 Average Company Salary
See more companies

FAQs About Salem Five Company

1. How much does Salem Five in the United States pay?

Salem Five pays its employees an average of $123,158 per year. The average salary at Salem Five range from $107,864 to $139,876 per year. President & Chief Executive Officer jobs at Salem Five earn the most with an average annual salary of $953,354, while Business Banking Associate jobs earn the least with an average annual salary of $39,646.

2. Do Salem Five employees get a higher salary than other similar companies?

The salary at Salem Five is lesser than National Bank of Egypt. The highest salary package reported for an employee at Salem Five is $139,876 per year, meanwhile the highest salary package reported for an employee at National Bank of Egypt is $148,668 per year.

3. How much does Salem Five pay compared to National Bank of Egypt?

The average annual salary at Salem Five is $123,158, or an hourly wage of $59, in comparison to National Bank of Egypt which pays $130,901 per year or $63 per hour.

4. Which job skills can boost a Vice President, Information Systems salary at Salem Five?

Leadership, Computer science and Planning are key to a Vice President, Information Systems job at Salem Five. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Salem Five.

5. What is the lowest salary at Salem Five?

The lowest paying job at Salem Five is Business Banking Associate with an annual salary of $39,646 or an hourly rate of $59.