Sovran Bank/Delaware Salary

How much does the Sovran Bank/Delaware Pay for employees?

As of August 2026, the average annual salary for employees at Sovran Bank/Delaware in the United States is $97,210. This translates to an approximate hourly wage of $47. Salaries at Sovran Bank/Delaware typically range from $84,955 to $111,294 annually, reflecting the diverse roles and experience levels within the company. Sovran Bank/Delaware’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 Sovran Bank/Delaware

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Is Sovran Bank/Delaware’s Pay Competitive? Salary Benchmarking Analysis

How does Sovran Bank/Delaware’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)
Sovran Bank/Delaware
Edu., Gov't. & Nonprofit
Saint Andrew's Episcopal School
Delaware Kontor
Industry Comparison
Our data shows that, on average, compensation at Sovran Bank/Delaware is below the average for the U.S. Edu., Gov't. & Nonprofit 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 Sovran Bank/Delaware average annual salary with several similar companies. Sovran Bank/Delaware average salary of $97,210 is lower than Saint Andrew's Episcopal School, which has an average salary of $115,785. It is lower than Delaware Kontor, with their average salary at $97,980. This places Sovran Bank/Delaware 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.

Employee Reviews: Working at Sovran Bank/Delaware

Considering a career at Sovran Bank/Delaware? 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.
Leadership fosters respect and inclusivity. Reliable employment, but innovation is often stifled by red tape. Benefits, including time off and retirement options, are above average. The inclusive, respectful culture promotes collaboration and innovation.
Most importantly, there's a tangible culture of respect where educators are trusted as professionals. Service delivery meets expectations but leaves room for improvement. Training and advancement opportunities exist, particularly for those proactive about growth. The company fosters a respectful, inclusive workplace with strong leadership support. Not much opportunity for creativity, but very secu...
The scale brings resources and opportunities districts can't match. The environment is collaborative, positive, and inclusive. Upper management is polite but distant, and decisions often take time. Thoughtful leadership and great coworkers make the difference.

Sovran Bank/Delaware Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
800 Silver Lake Blvd Dover Delaware DE 19901
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Sovran Bank/Delaware
Sovran Bank/Delaware is a company that operates in the Food & Beverages industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Dover, Delaware.

What Benefits Does Sovran Bank/Delaware Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sovran Bank/Delaware 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 Dover?

Understanding the cost of living near Dover is key to truly evaluating a salary offer or your current compensation at Sovran Bank/Delaware.
Dover's Cost of Living Index is approximately 93.1 (6.9% less expensive than US average; 9.5% less than DE average). State capital, Dover AFB, affordable housing. DART First State. When planning your budget based on a salary from Sovran Bank/Delaware, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Sovran Bank/Delaware salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,280 - $3,630+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sovran Bank/Delaware

1. What is the typical salary range (low to high) for most roles at Sovran Bank/Delaware?

The typical annual salary range for most roles at Sovran Bank/Delaware is approximately from $84,955 to $111,294. 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 Sovran Bank/Delaware pay compared to Saint Andrew's Episcopal School?

The average annual salary at Sovran Bank/Delaware is $97,210, or an hourly wage of $47, in comparison to Saint Andrew's Episcopal School which pays $115,785 per year or $56 per hour.

3. How does experience level affect salary at Sovran Bank/Delaware?

Experience level is a significant factor in determining salary at Sovran Bank/Delaware, 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.

4. How can I determine if a salary offer from Sovran Bank/Delaware in Dover is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Sovran Bank/Delaware?

Several key factors influence salary levels at Sovran Bank/Delaware. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Sovran Bank/Delaware likely benchmarks its salaries against other companies in the Edu., Gov't. & Nonprofit sector. You can explore how these factors play out in our detailed salary data.