Banco Santander Salaries

64 total salary submissions
Avg. Hours Worked (94%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

58
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (62%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

2.5
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average Banco Santander Salary

3.2
Total Median Pay
$96,000
Median Base Pay
$76,000
Median Bonus Pay
$20,000

How much does Banco Santander pay?

Base range:
$28,000 - $150,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$7,000 - $75,000

Banco Santander pays an average salary of $76,000 per year. This base compensation is the equivalent of $38 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at Banco Santander based on our data is actually 58 hours, which would bring down the true effective hourly rate to $27 on average. If you include the average bonus of $20,000, then the total average pay at Banco Santander would be $96,000 per year or $34 per hour at the 58 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. Banco Santander pays the highest-paid employees over $180,000 a year, while the lowest-paid employees are paid less than $65,000. Banco Santander employees in different groups or divisions tend to have different salaries as well.For example, employees in the Corporate Banking sector earn an average yearly salary of $127,500.While employees in the Consumer Retail sector earn an average yearly salary of $53,500.

Banco Santander Salaries

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Highest Paying Jobs at Banco Santander

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Vice President
Year 2016
Job Title Vice President
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus
Assistant Vice President
Year 2019
Job Title Assistant Vice President
Group/Division Sales and Trading
Location New York
Pay Rate/Type
Bonus
Year 2015
Job Title
Group/Division Equity Capital Markets
Location Madrid
Pay Rate/Type
Bonus
Vice President
Year 2014
Job Title Vice President
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus
1st Year Associate
Year 2020
Job Title 1st Year Associate
Group/Division Debt Capital Markets
Location New York
Pay Rate/Type
Bonus
Associate Director
Year 2022
Job Title Associate Director
Group/Division Risk Management
Location New York
Pay Rate/Type
Bonus
Associate Director
Year 2022
Job Title Associate Director
Group/Division Risk Management
Location New York
Pay Rate/Type
Bonus
1st Year Associate
Year 2022
Job Title 1st Year Associate
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2017
Job Title Vice President
Group/Division Healthcare
Location New York
Pay Rate/Type
Bonus
Vice President
Year 2020
Job Title Vice President
Group/Division Corporate Banking
Location New York
Pay Rate/Type
Bonus

Average Pay by City for Banco Santander

Below we use 64 salary submissions to order the is the total average compensation by city for Banco Santander. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is New York, where employees earn an average salary of $112,500.

Salaries by Location at Banco Santander

Rank
City
Total pay Range
Range of $/hr
New York
Rank 1
City New York
Total pay Range $85,000 - $180,000
Range of $/hr $43/hr - $90/hr

Banco Santander Salaries by Department

Salaries at Banco Santander depend on the group, division, department or function. Employees who work in the Corporate Banking group tend to get paid the most at at Banco Santander, earning an average yearly salary of $127,500. Employees in the Risk Management receive relatively high salaries as well, where wages average $87,500 per year. A division that does not pay as well at Banco Santander includes the Consumer Retail group, with employees earning $53,500 on average.

Rank
Department
Average Pay
Average Hourly Pay
Corporate Banking
Rank 1
Department Corporate Banking
Average Pay $127,500
Average Hourly Pay $64/hr
Risk Management
Rank 2
Department Risk Management
Average Pay $87,500
Average Hourly Pay $44/hr
Investment Banking
Rank 3
Department Investment Banking
Average Pay $85,000
Average Hourly Pay $43/hr
Consumer Retail
Rank 4
Department Consumer Retail
Average Pay $53,500
Average Hourly Pay $27/hr

Recently Added Banco Santander Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
1st Year Associate
Year 2023
Job Title 1st Year Associate
Group/Division Investment Banking
Location New York
Pay Rate/Type
Bonus
Associate Director
Year 2022
Job Title Associate Director
Group/Division Risk Management
Location New York
Pay Rate/Type
Bonus
Associate Director
Year 2022
Job Title Associate Director
Group/Division Risk Management
Location New York
Pay Rate/Type
Bonus
Intern
Year 2023
Job Title Intern
Group/Division Generalist
Location New York
Pay Rate/Type
Bonus
1st Year Analyst
Year 2023
Job Title 1st Year Analyst
Group/Division Investment Banking
Location NEW YORK
Pay Rate/Type
Bonus