Group manager, bank salary

Salary and Duties for Group Manager, Bank

Working as a group manager in a bank involves having overall responsibility for a group of bank employees. One leads and allocates work, monitors performance, and ensures that the group's goals and budget are met. The role also includes coaching and developing employees and handling customer issues when necessary.

Salary Statistics for Group Manager, Bank

The average salary for a group manager in a bank is 44 200 SEK per month. However, there is a clear gender pay gap. Men in the profession earn an average of 49 600 SEK, while women earn 40 600 SEK. This means that women earn approximately 82% of what men do. It is also worth noting that the average salary has decreased from 42 500 SEK to 44 200 SEK since the last measurement.

Education and Qualifications

To become a group manager in a bank, an academic background in economics, finance, or similar fields is usually required. Many employers also prefer candidates to have experience working in the banking sector, preferably in a leadership or coordinating role. Furthermore, having good leadership skills and being adept at communicating and motivating one's team are important.

Employment Outlook

According to the Swedish Public Employment Service's assessment, the opportunities for employment as a bank employee, which includes group managers, are moderate at the national level. The forecast for the next five years indicates that the demand for bank employees is expected to remain stable. The recruitment situation is characterized by balance, meaning there is a steady supply and demand for workforce in this profession.

Benefits

In addition to the base salary, various benefits may be offered to group managers in the banking sector. These may include paid training and courses for skills development, a company mobile phone, and possibly bonuses based on performance and goal achievement.

Considerations for Becoming a Group Manager, Bank

If you are interested in becoming a group manager in a bank, it is important that you are a natural leader with the ability to motivate and develop your team. You should also have strong analytical skills and be good at problem-solving. Since the job may involve handling complex customer issues, having a strong service orientation and the ability to manage stress are also important.

In summary, the profession offers a stable salary with good development opportunities, but it also requires the right education and experience, as well as strong leadership skills.