Beneficial Bank Salary

How much does the Beneficial Bank Pay for employees?

As of August 2026, the average annual salary for employees at Beneficial Bank in the United States is $101,524. This translates to an approximate hourly wage of $49. Salaries at Beneficial Bank typically range from $88,969 to $115,196 annually, reflecting the diverse roles and experience levels within the company. Beneficial Bank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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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Current Job Openings at Beneficial Bank

Ready for your next career move? Explore current job openings at Beneficial Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Beneficial Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Beneficial Bank’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)
Beneficial Bank
Financial Services
Barclays Bank Inc
The Minnequa Bank of Pueblo
Industry Comparison
Our data shows that, on average, compensation at Beneficial Bank is below the average for the U.S. Financial Services industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Beneficial Bank average annual salary with several similar companies. Beneficial Bank average salary of $101,524 is higher than Barclays Bank Inc, which has an average salary of $99,193. It is higher than The Minnequa Bank of Pueblo, with their average salary at $94,310. This places Beneficial Bank in a competitive position among its peers.
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Employee Reviews: Working at Beneficial Bank

Considering a career at Beneficial Bank? 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.
Policies are applied equitably, creating a trusted and predictable work environment for all employees. Challenging projects with great learning potential. The company's focus on long-term success allows for thoughtful, strategic decision-making. The workload is stable, and support is available when needed. That makes it easier to stay motivated and proud of the work we do every day. There’s a heal...
Communication is excellent, and wins are celebrated. Salaries are above market rate, with substantial performance bonuses and profit sharing. Collaboration occurs mostly within teams rather than company-wide. Their expertise is evident in strategic decisions.
The company invests heavily in employee development through mentorship programs, sponsored certifications, and leadership training. The firm’s financial stability ensures job security. The company is known for solid benefits and work-life balance, but promotion paths are not well defined.

Beneficial Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
555 High St Mount Holly Vermont VT 05758
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media

What Benefits Does Beneficial Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Beneficial Bank 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 Burlington?

Understanding the cost of living near Burlington is key to truly evaluating a salary offer or your current compensation at Beneficial Bank.
Burlington's Cost of Living Index is approximately 118.5 (18.5% more expensive than US average; 11.7% more than VT average). Largest VT city (UVM), desirable, Lake Champlain, high housing costs. GMT bus. When planning your budget based on a salary from Beneficial Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Beneficial Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GMT monthly pass, free for UVM) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,100 - $4,860+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Beneficial Bank

1. What is the estimated average total compensation at Beneficial Bank?

Salary.com estimates that the average total compensation package at Beneficial Bank, which can include base salary, potential bonuses, and benefits, is around $101,524 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Beneficial Bank pay compared to Barclays Bank Inc?

The average annual salary at Beneficial Bank is $101,524, or an hourly wage of $49, in comparison to Barclays Bank Inc which pays $99,193 per year or $48 per hour.

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

Salary progression from an entry-level to a senior role at Beneficial Bank 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 Beneficial Bank in Burlington is fair given the local cost of living?

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

5. Are promotions at Beneficial Bank usually accompanied by a significant salary increase?

Yes, promotions at Beneficial Bank 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.