Synchrony Salary

Synchrony Salary

How much does the Synchrony Pay for employees?

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As of July 2026, the average annual salary for employees at Synchrony in the United States is $110,891. This translates to an approximate hourly wage of $53. Salaries at Synchrony typically range from $97,353 to $125,634 annually, reflecting the diverse roles and experience levels within the company. Synchrony’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 Synchrony Pay for Different Roles?

Explore detailed salary information for specific jobs at Synchrony. 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 Synchrony

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

Is Synchrony’s Pay Competitive? Salary Benchmarking Analysis

How does Synchrony’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)
Synchrony
Business Services
Vangent Inc
Mabey
Industry Comparison
Our data shows that, on average, compensation at Synchrony is below the average for the U.S. Business Services industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Synchrony average annual salary with several similar companies. Synchrony average salary of $110,891 is lower than Vangent Inc, which has an average salary of $113,391. It is higher than Mabey, with their average salary at $100,849. This places Synchrony 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.

How Synchrony's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Synchrony

Considering a career at Synchrony? 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.
Benefits are solid, and work-life balance is encouraged. Everyone is smart, driven, and willing to help each other out. I’ve been with the company for years and consistently feel empowered and appreciated. Even with senior executives make regular efforts to communicate company strategy through town halls, newsletters, and open Q&A sessions.
Commented in May 06, 2025
27
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The work is meaningful. This balance makes the work incredibly engaging and fulfilling, accelerating my professional development in the financial sector significantly. The benefits are excellent, and the wellness initiatives show they care about employees' well-being. It's a great place to build a long-term career and grow professionally.
Commented in April 11, 2025
18
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The work can feel monotonous, especially in back-office roles. Managers are fair but largely hands-off. The collaborative spirit here is infectious.
Commented in January 17, 2025
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I appreciate the transparent communication from management and the clear career paths available. I genuinely enjoy coming to work and feel motivated by the culture, leadership, and people I interact with every day. You never feel like just a number. The work environment is positive and respectful, with strong collaboration and communication. It’s a rewarding environment to build a career. This com...
Commented in May 09, 2024
15
3
The total rewards package demonstrates how much the organization values its people. This company promotes a high-performance culture without compromising employee well-being. Expanded training programs upskilled our team, not just delivered outputs.
Commented in February 13, 2024
14
3

Synchrony Overview

Website
www.synchronycareers.com
Founded In
Data pending, update soon.
Employees
200 - 500 employees
Industry
Business Services
Headquarter Address
222 W Adams St Chicago Illinois IL 60606
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Synchrony
We're changing what's possible by empowering people to fulfill their ambitions. All our offerings are developed with relationships in mind. Whether the relationship is with our customers, partners, or employees, we believe that our foundation in the power in people is the right formula that differentiates us and makes us truly unique in the industry. For our customers, we empower them by financing

What Benefits Does Synchrony Offer Beyond Salary?

A competitive compensation package is more than just a salary. Synchrony 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 Synchrony.
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 Synchrony, 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 Synchrony 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 Synchrony

1. How much does a Synchrony employee make?

Synchrony pays its employees an average of $110,891 per year. The average salary at Synchrony range from $97,353 to $125,634 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 Synchrony?

The salary at Synchrony is lesser than the similar company. The average annual salary at Synchrony is $110,891, or an hourly wage of $53, in comparison to Vangent Inc which pays $113,391 per year or $55 per hour.

3. How much does a Vice President, Capital Markets typically earn at Synchrony?

A Vice President, Capital Markets at Synchrony typically earns an average annual base salary of around $324,561, with a general range of $273,665 to $387,112.

4. Do employees with advanced degrees (Master's, PhD) earn more at Synchrony?

In many roles at Synchrony, 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.

5. How does the cost of living near Chicago affect the perceived value of a Synchrony salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Synchrony based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Synchrony typically offer employees?

Synchrony 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 Synchrony" section on this page.

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