Salary AI Book a Demo
First Mid Illinois Bancshares Inc Salary

First Mid Illinois Bancshares Inc Salary

How much does the First Mid Illinois Bancshares Inc Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at First Mid Illinois Bancshares Inc in the United States is $104,109. This translates to an approximate hourly wage of $50. Salaries at First Mid Illinois Bancshares Inc typically range from $91,150 to $118,269 annually, reflecting the diverse roles and experience levels within the company. First Mid Illinois Bancshares Inc’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.

How Much Does First Mid Illinois Bancshares Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at First Mid Illinois Bancshares Inc. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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 accurate does the salary look to you?

Current Job Openings at First Mid Illinois Bancshares Inc

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

Is First Mid Illinois Bancshares Inc’s Pay Competitive? Salary Benchmarking Analysis

How does First Mid Illinois Bancshares Inc’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
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
First Mid Illinois Bancshares Inc
Financial Services
Oaktree Capital Management LP
Cole Taylor Bank
Industry Comparison
Our data shows that, on average, compensation at First Mid Illinois Bancshares Inc is below the average for the U.S. Financial Services industry by approximately 14%. 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 Mid Illinois Bancshares Inc average annual salary with several similar companies. First Mid Illinois Bancshares Inc average salary of $104,109 is lower than Oaktree Capital Management LP, which has an average salary of $131,133. It is lower than Cole Taylor Bank, with their average salary at $115,079. This places First Mid Illinois Bancshares Inc in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How First Mid Illinois Bancshares Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at First Mid Illinois Bancshares Inc. Click a company name to learn more.

Employee Reviews: Working at First Mid Illinois Bancshares Inc

Considering a career at First Mid Illinois Bancshares Inc? 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.
Work-life balance depends heavily on individual managers, leading to inconsistent experiences. Resources are always available, and your manager helps you map out career goals. Change is managed thoughtfully, with proper communication and training. Leadership is respectful but maintains a formal, hierarchical structure. Advancement opportunities are limited but clearly communicated.
Commented in March 28, 2025
38
2
A lot of financial companies feel cold, but this one is refreshingly human. This inclusive approach enriches our problem-solving capabilities and strengthens our team, reflecting positively in our client interactions and overall success. Large enough for stability but enough to matter. This is a place where performance and effort are truly acknowledged. Colleagues are incredibly knowledgeable and ...
Commented in February 07, 2025
11
2
Positive, inclusive culture. Teamwork drives strong performance. Employees seeking stability and a clear framework will find this workplace suitable, but it can appeal to those wanting a fast-moving, entrepreneurial atmosphere. Career progression is possible but usually requires long tenure.
Commented in December 16, 2024
13
0
Management tends to be hierarchical, which limits employee autonomy. Working here has been incredibly rewarding. Schedules are predictable and fixed. Despite having team members, IT support is responsive and systems are user-friendly. Working alongside talented, motivated colleagues in an organization that values integrity and innovation makes every day rewarding. Collaboration is encouraged it i...
Commented in June 26, 2024
13
3
Benefits, including health coverage and bonuses, are among the best in the industry. Workload varies significantly between teams. Different viewpoints are not just tolerated but sought after in decision-making. Leadership is competent but sometimes adopt new ideas.
Commented in January 12, 2024
16
0

First Mid Illinois Bancshares Inc Overview

Website
www.firstmid.com
Founded In
1865
Employees
1,000 - 3,000 employees
Industry
Financial Services
Headquarter Address
1421 Charleston Ave Mattoon Illinois IL 61938
Revenue
$200 Million - $500 Million
Phone Number
+1 2172347454
Social Media
About First Mid Illinois Bancshares Inc
First Mid Bancshares, Inc. is the parent company of First Mid Bank & Trust, N.A., First Mid Insurance Group and First Mid Wealth Management Company. First Mid Bank & Trust was first founded in 1865 and provides financial services through a network of banking centers in Illinois and Missouri and a loan production office in Indiana.

What Benefits Does First Mid Illinois Bancshares Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Mid Illinois Bancshares Inc 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)
Work at First Mid Illinois Bancshares Inc?
Share your experience
How Much Should You Be Earning?

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

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Champaign?

Understanding the cost of living near Champaign is key to truly evaluating a salary offer or your current compensation at First Mid Illinois Bancshares Inc.
Champaign's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 4.3% less than IL average). Central IL (Univ. of Illinois), housing affordable. MTD bus. When planning your budget based on a salary from First Mid Illinois Bancshares Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of First Mid Illinois Bancshares Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MTD monthly pass, free for UofI) 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) $2,080 - $3,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Mid Illinois Bancshares Inc

1. What is the typical salary range (low to high) for most roles at First Mid Illinois Bancshares Inc?

The typical annual salary range for most roles at First Mid Illinois Bancshares Inc is approximately from $91,150 to $118,269. 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. How much does First Mid Illinois Bancshares Inc pay compared to Oaktree Capital Management LP?

The average annual salary at First Mid Illinois Bancshares Inc is $104,109, or an hourly wage of $50, in comparison to Oaktree Capital Management LP which pays $131,133 per year or $63 per hour.

3. Do salaries differ significantly between departments at First Mid Illinois Bancshares Inc?

Yes, salaries often differ between departments at First Mid Illinois Bancshares Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at First Mid Illinois Bancshares Inc?

Experience level is a significant factor in determining salary at First Mid Illinois Bancshares Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from First Mid Illinois Bancshares Inc in Champaign is fair given the local cost of living?

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

6. Are the salaries listed for First Mid Illinois Bancshares Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for First Mid Illinois Bancshares Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning