Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. TrustCo Bank Corp NY employees rate the overall compensation and benefits package 2.2/5 stars. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. You can work your butt off but Id your boss doesnt like you it doesnt matter. Why do people leave their jobs? Learning on a daily basis is what helps do the job better each and every day. You must be ready to work 6 days every other week with no overtime. Find your market worth with a report tailored to you, No results found. The lowest-paying job at TrustCo Bank Corp NY is a Teller with a salary of $36,095 per year. Forbes Advisor tracks the best CD rates every month. Mortgages seem to be the only priority for Trustco bank. Find your market worth with a report tailored to you, No results found. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Yes. All Rights Reserved. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Our Fair Pay score for Trustco Bank Corp is 1. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. For its 2018 fiscal year, TRUSTCO BANK CORP/NY, listed the following CEO pay ratio data on its annual proxy statement to the SEC. As of December 31, 2017, Trustco Bank' s assets were $4.9 Billion. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Help other job seekers by rating Trustco Bank. The community relies on everyone sharing. $42,102: $20.24-M&T Bank. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. its just not worth it, they don't give enough raises to their current employees and wonder why everyone is quitting. How much do TrustCo Bank Corp NY employees make? TRUSTCO BANK CORP/NY income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. The highest reported salary for an employee at Trustco Bank Corp is currently $55k / year, At Trustco Bank Corp, they provide many options for pension benefits and other perks for their workers. Select a company name to explore and learn more about other companies across the industry and to compare average salaries with those at Trustco Bank. Trustco Bank pays an average salary of $280,990 and salaries range from a low of $245,154 to a high of $323,361. Able to work around system issues with ease in times of difficulty. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The lowest-paying job at TrustCo Bank Corp NY is a Teller with a salary of $36,095 per year. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}2. Salary $45k Popular Locations for Trustco Bank Corp Orlando, Florida Albany, New York. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. $55k-$70k/yr Branch Manager Job at Trustco BankTrustco Bank Branch Manager Trustco BankTrustco Bank Clifton Park, NY Posted: February 14, 2023 $55,341 to $70,000 Yearly Full-Time Job Title: Branch Manager Reports to: Business Banker FLSA Status: Exempt Salary Grade: EX02 ($55,341 - $70,000 per year) Supervisory Responsibility: Yes SUMMARY: Read reviews from current employees that include compensation and culture insights. Upper management are really bad bay communicating. With a defined benefit pension plan, retirees are given fixed payments when they reach retirement. Trustco Bank is traded on the NASDAQ under TRST. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Trustco Bank is committed to providing our customers with community banking solutions and superior Home Town service. What are some typical titles and locations for Trustco Bank jobs? Try another search query or. Other duties may be assigned by supervisor and/or Trustco Bank's Board of Directors. Trustco Bank is an okay company to work for if you are just starting out or just out of collage and need experience. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Both offer similar salary package. Great job to start out with when getting into the IT industry. Editorial Note: We earn a commission from partner links on Forbes Advisor. Trustco Bank Corp provides many options for retirement plans and amenities. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $55,077 to $67,302 with the average total cash compensation of $60,738. A large number of members of the American workforce, like Trustco Bank Corp workers, depend on health plans financed by their Read more, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. 15% of Trustco Bank employees are Hispanic or Latino. The highest-paying job at TrustCo Bank Corp NY is a Manager with a salary of $96,094 per year. The highest-paying job at TrustCo Bank Corp NY is a Manager with a salary of $96,094 per year. Most managers only care about meeting goals. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Trustco Bank generates $172.7M in revenue. Our model gets smarter over time as more people share salaries on Glassdoor. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Trustco Bank salary ranges from $44k to $271k. Upper management does not care about the branch employees. Trustco Bank is committed to equal opportunity employment and affirmative action. On average, employees at Trustco Bank stay with the company for 3.6 years. As Executive Vice President & Chief Risk Officer TrustCo and Trustco Bank at TRUSTCO BANK CORP/NY, Robert M. Leonard made $1,336,158 in total compensation. 59 TrustCo Bank employees have shared their salaries on CareerBliss. Hourly pay ranges for the same job title may differ based on the location and the responsibilities, skills, experience, and other requirements for a specific job. The average salary for Business Sector Vice President at companies like TRUSTCO BANK CORP N Y in the United States is $479,600 as of December 27, 2022, but the range typically falls between $378,400 and $600,800. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Title remains the same and a 30% salary increase. Here are some other companies that are located close to Trustco Bank. The average TrustCo Bank Corp NY salary ranges from approximately $36,095 per year for, The highest-paying job at TrustCo Bank Corp NY is, The lowest-paying job at TrustCo Bank Corp NY is, TrustCo Bank Corp NY employees attributed a compensation and benefits rating of 2.2/5 stars to their company. What your skills are worth in the job market is constantly changing. In April 2018, S&P Global Intelligence rated Trustco Bank the 15th best performing savings bank in the country. Thanks! I have 4 years in retail banking and am interviewing for a KYC Analyst position and a Risk and Control Analyst position currently. The salary paid can be different for the same position in Trustco Bank based on experience, skills, and education. This employer has not claimed their Employer Profile and is missing out on connecting with our community. I have MBA + 3 year experience in industry. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. The table shows below the name of the job title below you may be interested in including salary range and total compensation. Trustco Bank Corp offers dental, health, and vision plans. Facebook Twitter Linkedin Instagram . We know that our employees are one of our greatest assets, and we think you'll agree after reading about the many benefits that we provide to our staff! This information is according to proxy . The environment is so toxic your coworkers can Abe amazing the the culture the have created here is not great to work in. Read what they think about their salaries on our Compensation FAQ page for TrustCo Bank Corp NY. Trustco Bank Salaries How much do Trustco Bank employees earn on average in the United States? Minimum Deposit. You can work your butt off but Id your boss doesnt like you it doesnt matter. Engage in conversations about pay with other professionals in the community. With a defined benefit pension plan, retirees are given fixed payments when they reach retirement. Here's an overview of the Truist certificates of deposit shown on the bank's website. SUMMARY: Provides above standard customer service. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Rates vary by location and are accurate as of Feb. 28, 2023. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. Ive inquired about pay but its gotten nowhere. Select a company name to explore and learn more about other companies across the industry and to compare their hourly average salaries with Trustco Bank. Board of Directors in TRUSTCO BANK CORP/NY For its 2021 fiscal year, TRUSTCO BANK CORP/NY, listed the following board members on its annual proxy statement to the SEC. On average, employees at Trustco Bank stay with the company for 3.6 years. Whats your thought on moving from Morgan Stanley to Nomura? Accurately and efficiently completes customer transactions. Ive inquired about pay but its gotten nowhere. Commissions do not affect our editors' opinions or evaluations. No consulting experience. 2023 Forbes Media LLC. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. 15% of Trustco Bank employees are Hispanic or Latino. Trustco Bank's mission statement is "To be the low cost provider of high quality services to our customers in the communities we serve and return to our owners an above average return on their investment.". All qualified applicants will receive consideration for employment without regards to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by applicable law. Management does not bother you if you just do your job, but there is no middle management. 13% of Trustco Bank employees are Black or African American. Its more so of a fend for yourself and hope for the best. These contributions are tax deductible for employers and tax-free for employees. There is also high turnover and many branches are understaffed. Branch Manager yearly salaries in Florida at Trustco Bank Job Title Branch Manager Location Florida Average salary $37,846 per year 38% Below national average Average $37,846 Low $30,954 High $46,274 Salary estimated from 4 employees, users, and past and present job advertisements on Indeed in the past 36 months. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Pay ranges for employees at Trustco Bank Corp by degree. Commercial Customer Service Representative. The most common ethnicity at Trustco Bank is White (59%). Your financial situation is unique and the products and services we review may not be right for your circumstances. I have MBA + 3 year experience in industry. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Stressful, no support from upper management. They want employees to travel to various banks everyday but dont want to pay for the over time. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of . The average salary for Trustco Bank is $111k per year, which includes an average base salary of $99k and an average bonus of $12k. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. We believe that our employees make our reputation. The place is a hostile place to work where everyone stabbing each other in the back and customers arent helped. Its CDs are FDIC insured up to $250,000 per depositor, for each account ownership category, in the event of a bank failure. Rates vary by location and are accurate as of Feb. 28, 2023. The average TrustCo Bank Corp NY salary ranges from approximately $36,095 per year for a Teller to $96,094 per year for a Manager. Accurately and efficiently completes customer transactions. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Trustco Bank has paid dividends to its shareholders for over 100 consecutive years, and has remained profitable throughout its history, including the recent financial crisis. The average hourly pay rate of Trustco Bank is $135 in the United States. Based on the company location, we can see that the HQ office of Trustco Bank is in GLENVILLE, NY. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Two weeks ago at Mallozzi's banquet hall in Rotterdam, TrustCo shareholders overwhelmingly voted in favor of McCormick's compensation package, is a base salary of $880,000, plus stock,. Trustco provides low cost personal & commercial bank services including checkings & savings accounts. Toxic work environment. Use our tool to get a personalized report on your market worth. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Try another search query or. Trustco Bank is an okay company to work for if you are just starting out or just out of collage and need experience. Claiming and updating your company profile on Zippia is free and easy. Upper management are really bad bay communicating. Select your job title and find out how much you could make at TrustCo Bank. Claim your Free Employer Profile Website: www.trustcobank.com Headquarters: Schenectady, NY Size: 501 to 1000 Employees Founded: 1981 Type: Company - Public (TRST) Industry: Banking & Lending Revenue: $100 to $500 million (USD) Engage in conversations about pay with other professionals in the community. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. TrustCo Bank Chairman and CEO Robert J. McCormick 's total compensation rose past $3 million in 2019, even as his base salary stayed constant. Here's what people are saying about Trustco Bank. Trustco Bank Corp also offers death benefits, which cover certain causes of death, group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. "About This Company" data & logos provided by. Looking for advise on company culture at both companies. According to our data, the highest paying job at TrustCo Bank is a Senior Manager at $75,000 annually while the lowest paying job at TrustCo Bank is a Floating Teller at $16,000 annually. SUMMARY: Provides above standard customer service. Able to work around system issues with ease in times of difficulty. Pay ranges for employees at Trustco Bank Corp by degree. To search for jobs in other locations, fill in the title and locations to begin your search. Why do people leave their jobs? Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. TrustCo Bank Corp NY employees attributed a compensation and benefits rating of 2.2/5 stars to their company. Goals are extremely pushed and you will get fired if you don't meet them, but goals are not too hard to meet. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. As of December 31, 2017, Trustco Bank' s assets were $4.9 Billion. 13% of Trustco Bank employees are Black or African American. Find your market worth with a report tailored to you, No results found. Title remains the same and a 30% salary increase. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. We know that our employees are one of our greatest assets, and we think you'll agree after reading about the many benefits that we provide to our staff! $25 or 3 months interest, whichever is greater. TrustCo Bank Corp NY employees rate the overall compensation and benefits package 2.2/5 stars. The place is a hostile place to work where everyone stabbing each other in the back and customers arent helped. The average employee at Trustco Bank makes $42,102 per year. The largest donation made to a political party by a Trustco Bank employee was No data is available based on your input. TrustCo Bank employees earn $30,000 annually on average, or $14 per hour, which is 75% lower than the national salary average of $66,000 per year. A lot of their employees live in poverty and they just don't care. Trustco Bank employees are most likely to be members of the democratic party. Salary information comes from 47 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Trustco Bank is committed to equal opportunity employment and affirmative action. In April 2018, S&P Global Intelligence rated Trustco Bank the 15th best performing savings bank in the country.