First Commonwealth Salary

How much does the First Commonwealth Pay for employees?

As of August 2026, the average annual salary for employees at First Commonwealth in the United States is $78,962. This translates to an approximate hourly wage of $38. Salaries at First Commonwealth typically range from $69,249 to $89,515 annually, reflecting the diverse roles and experience levels within the company. First Commonwealth’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 First Commonwealth

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

Is First Commonwealth’s Pay Competitive? Salary Benchmarking Analysis

How does First Commonwealth’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)
First Commonwealth
Financial Services
Roswell Community Federal Credit Union
Olympia Tumwater Foundation
Industry Comparison
Our data shows that, on average, compensation at First Commonwealth is below the average for the U.S. Financial Services industry by approximately 35%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared First Commonwealth average annual salary with several similar companies. First Commonwealth average salary of $78,962 is higher than Roswell Community Federal Credit Union, which has an average salary of $78,097. It is lower than Olympia Tumwater Foundation, with their average salary at $90,607. This places First Commonwealth in a mid-range position among its peers.
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Employee Reviews: Working at First Commonwealth

Considering a career at First Commonwealth? 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.
Career growth depends on tenure more than performance or innovation. Hackathons spark creative solutions. The office environment is positive and energetic. Work-life balance is respected, with flexible arrangements that adapt to individual needs. Employees are given meaningful responsibilities, fostering professional growth.
The leadership team empowers staff, and performance is recognized and rewarded. There isn’t much excitement, but the work gets done without many surprises or complications. Leadership encourages feedback and employee input. The systems in place support success. The company provides job security but can appeal to those seeking rapid change or growth. In the fast-paced financial industry, this compa...
Seeing our positive client reviews is incredibly rewarding. Knowledge is shared freely. Management is present without micromanaging.

First Commonwealth Overview

Website
Data pending, update soon.
Founded In
1983
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
303 W Main St Wise Virginia VA 24293
Revenue
<$5 Million
Phone Number
-
Social Media
About First Commonwealth
First Commonwealth is a company that operates in the Nonprofit Organizations industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Wise, Virginia.

What Benefits Does First Commonwealth Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Commonwealth 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 Knoxville?

Understanding the cost of living near Knoxville is key to truly evaluating a salary offer or your current compensation at First Commonwealth.
Knoxville's Cost of Living Index is approximately 86.7 (13.3% less expensive than US average; 3.9% less than TN average). Eastern TN city (Univ. of TN), affordable. KATbus. When planning your budget based on a salary from First Commonwealth, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of First Commonwealth salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (KAT monthly pass, free for UT) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,205 - $3,485+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Commonwealth

1. How much does a First Commonwealth employee make?

First Commonwealth pays its employees an average of $78,962 per year. The average salary at First Commonwealth range from $69,249 to $89,515 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 First Commonwealth?

The salary at First Commonwealth is higher than the similar company. The average annual salary at First Commonwealth is $78,962, or an hourly wage of $38, in comparison to Roswell Community Federal Credit Union which pays $78,097 per year or $38 per hour.

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

In many roles at First Commonwealth, 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 Knoxville affect the perceived value of a First Commonwealth salary?

Knoxville's Cost of Living Index is approximately 86.7 (13.3% less expensive than US average; 3.9% less than TN average). This significantly impacts the purchasing power of a salary from First Commonwealth based there. Our "Cost of Living Insights for Knoxville" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does First Commonwealth typically offer employees?

First Commonwealth 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 First Commonwealth" section on this page.