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Bank Coal Salary

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Current Job Openings at Bank Coal

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Is Bank Coal’s Pay Competitive? Salary Benchmarking Analysis

How does Bank Coal’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.

Peer Company & Industry Benchmarking

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Average Salary ($/year)

Bank Coal

Energy & Utilities

Cyprus Western Coal Co

Monterey Coal Company, a Division of Exxonmobil Coal Usa Inc

Industry Comparison

Our data shows that, on average, compensation at Bank Coal is below the average for the U.S. Energy & Utilities industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Bank Coal average annual salary with several similar companies. Bank Coal average salary of $107,684 is higher than Cyprus Western Coal Co, which has an average salary of $106,925. It is higher than Monterey Coal Company, a Division of Exxonmobil Coal Usa Inc, with their average salary at $106,661. This places Bank Coal in a competitive position among its peers.

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How Bank Coal's Salaries Compare to Similar Companies?

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

Cyprus Western Coal Co

$106,925 / year

Salary Range: $94,119 - $120,707

Englewood, CO

Monterey Coal Company, a Division of Exxonmobil Coal Usa Inc

$106,661 / year

Salary Range: $93,899 - $120,415

Spring, TX

h & d coal co Inc

$87,137 / year

Salary Range: $76,726 - $98,368

Whitesburg, KY

Central States Coal Reserves of Kentucky LLC

$100,185 / year

Salary Range: $88,217 - $113,098

St. Louis, MO

Boston Energy Trading and Marketing LLC

$116,418 / year

Salary Range: $102,485 - $131,438

Boston, MA

Nolin Electric Inc

$110,944 / year

Salary Range: $97,665 - $125,256

Cranston, RI

Dixie Electric Power Association

$91,831 / year

Salary Range: $80,841 - $103,673

Laurel, MS

Natural Energy USA

$113,053 / year

Salary Range: $99,525 - $127,634

Escondido, CA

Denver Board of Water Commissioners

$105,480 / year

Salary Range: $92,854 - $119,086

Georgetown, CO

Employee Reviews: Working at Bank Coal

Considering a career at Bank Coal? 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.

Recognition programs celebrate employee achievements, contributing to high morale and job satisfaction. Interaction is minimal, and creative input isn’t encouraged often. Positive workplace culture with strong systems in place. We stay aligned on goals, and initiatives around sustainability and safety are implemented thoughtfully. Departmental collaboration is functional, but leadership visibility...

Commented in April 24, 2025

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Compensation packages recognize the importance of our work to community wellbeing. I’m proud to be part of such a progressive and people-centered company. Emergency response protocols are thorough, ensuring we're prepared for any situation. Management supports professional development with clear communication and ongoing training.

Commented in February 27, 2025

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Excellent safety standards and employee training programs. I’ve always felt supported by my team and managers. Safety is a top priority, with consistent protocols and training.

Commented in November 29, 2024

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I feel valued here. There’s also an emphasis on mentoring and internal advancement. There’s room to innovate, and leadership backs good ideas. In an ever-changing energy landscape, having dependable leadership makes all the difference. It’s a great mix of stability, growth, and values-based leadership in the energy space. The utilities sector can be demanding, but the teamwork and mutual support m...

Commented in June 27, 2024

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It’s a steady role in a well-regulated industry. There’s a set structure to follow and some deviation. Onboarding was fine, and equipment works as expected.

Commented in March 30, 2024

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What Benefits Does Bank Coal Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bank Coal 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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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 Bank Coal.

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 Bank Coal, 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 Bank Coal 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.

FAQs of Bank Coal

1. How much does a Bank Coal employee make?

Bank Coal pays its employees an average of $107,684 per year. The average salary at Bank Coal range from $94,797 to $121,573 per year. 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. Which similar company tend to pay more or less than Bank Coal?

The salary at Bank Coal is higher than the similar company. The average annual salary at Bank Coal is $107,684, or an hourly wage of $52, in comparison to Cyprus Western Coal Co which pays $106,925 per year or $51 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Bank Coal?

In many roles at Bank Coal, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Chicago affect the perceived value of a Bank Coal salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Bank Coal based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Bank Coal typically offer employees?

Bank Coal generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Bank Coal" section on this page.