Privatebank Salary

Privatebank Salary

How much does the Privatebank Pay for employees?

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As of August 2026, the average hourly salary for employees at Privatebank in the United States is $51. This translates to an approximate annual wage of $105,575. Salaries at Privatebank typically range from $44 to $58 hourly, reflecting the diverse roles and experience levels within the company. Privatebank’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 Privatebank Pay for Different Roles?

Explore detailed salary information for specific jobs at Privatebank. 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 Privatebank

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

Is Privatebank’s Pay Competitive? Salary Benchmarking Analysis

How does Privatebank’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
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30k
0
Average Salary ($/year)
Privatebank
Financial Services
Hour Exchange Portland
Cypresswood Tx Healthcare Holdings LLC
Industry Comparison
Our data shows that, on average, compensation at Privatebank is below the average for the U.S. Financial Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Privatebank average annual salary with several similar companies. Privatebank average salary of $105,575 is higher than Hour Exchange Portland, which has an average salary of $99,868. It is lower than Cypresswood Tx Healthcare Holdings LLC, with their average salary at $122,357. This places Privatebank in a mid-range 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.

Companies Similar to Privatebank and Their Hourly Pay Rates

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

Employee Reviews: Working at Privatebank

Considering a career at Privatebank? 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.
Job security and company stability make this an excellent place for long-term careers. Benefits are robust, with excellent healthcare, retirement plans, and wellness initiatives. The company follows procedures strictly, with little deviation from protocol. A truly inclusive workplace where diversity is celebrated. Whether you’re in asset management, consulting, or fintech, you’ll find challenging ...
Commented in May 30, 2025
30
0
The office culture is professional and it is somehow overly social. Even as the company scales, it retains that sense of teamwork and mission. It’s a stable, rewarding environment with a positive long-term outlook. Overall, it suits those who prefer predictability and stability.
Commented in November 02, 2024
12
1
Wellness programs, including mental health resources and fitness reimbursements, show genuine care for employee wellbeing. I’ve felt trusted since day one. Time limits are respected. Teams function independently with minimal overlap. I appreciate the focus on continuous improvement. Career growth is possible. Leadership is professional but sometimes delay to act.
Commented in October 06, 2024
10
3
Strong corporate values and ethics. Leadership is competent but sometimes adopt new ideas. Leadership is present but doesn’t engage often with junior staff.
Commented in July 08, 2024
43
0
Meetings are regular and productive, though they can feel repetitive. Career growth opportunities exist but progress is gradual. I’m proud to work here and see a promising future. Leadership trusts employees to deliver and gives us the tools to succeed. Managers encourage feedback and professional development.
Commented in March 17, 2024
31
1

Privatebank Overview

Website
www.theprivatebank.com
Founded In
1989
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
120 S La Salle St Chicago Illinois IL 60603
Revenue
$10 Million - $50 Million
Phone Number
+1 3126837100
Social Media
About Privatebank
PrivateBancorp, Inc., through its subsidiary The PrivateBank, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves. As of December 31, 2015, the Company had 35 offices in 12 states and $17.3 billion in assets.

What Benefits Does Privatebank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Privatebank 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Privatebank.
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 Privatebank, 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 Privatebank 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 Privatebank

1. How much does Privatebank in the United States pay?

Privatebank pays its employees an average of $51 per hour. The average salary at Privatebank range from $44 to $58 per hour. 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. Do Privatebank employees get a higher salary than its peer company?

The salary at Privatebank is higher than its peer company. The average annual salary at Privatebank is $105,575, or an hourly wage of $51, in comparison to Hour Exchange Portland which pays $99,868 per year or $48 per hour.

3. What are the highest paying jobs at Privatebank?

The higher-paying job at Privatebank, according to our data, include Managing Director (avg. $393 per hour), Chief Human Resources Officer (avg. $130 per hour), and Executive Director (avg. $93 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Privatebank?

Salary progression with years of experience at Privatebank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Privatebank vary by office location?

Yes, it's very likely that salaries at Privatebank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

6. Does Privatebank offer good benefits?

Privatebank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Privatebank" section on this page.

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