Bank managers are one of the least happy careers in the United States.
At CareerExplorer, we conduct an ongoing survey with millions of people and ask them how satisfied they are with their careers. As it turns out, bank managers rate their career happiness 2.8 out of 5 stars which puts them in the bottom 15% of careers.
To put this into perspective, we compared how happy bank managers are to similar careers in the industry. Take a look at the results below:
Salaries and satisfaction ratings in similar careers
| Career | Satisfaction | Avg Salary |
|---|---|---|
| Risk management specialist | 2.8 | $90k |
| Supply chain manager | 2.8 | $72k |
| Budget analyst | 2.8 | $67k |
| Sales manager | 2.8 | $63k |
| Executive assistant | 2.8 | $49k |
| Bank manager | 2.8 | $62k |
| Bookkeeper | 2.7 | $25k |
| Logistician | 2.7 | $45k |
| Compensation and benefits manager | 2.7 | $73k |
| Recruiter | 2.7 | $55k |
So what does it mean to be happy in your career? Let’s break it down into different dimensions:
- Salary: Are bank managers happy with their salary?
- Meaning: Do bank managers find their jobs meaningful?
- Personality fit: How well suited are people’s personalities to their everyday tasks as bank managers?
- Work environment: How enjoyable are bank manager’s work environments?
- Skills utilization: Are bank managers making the best use of their abilities?
Are bank managers happy with their salary?
Bank managers rated their satisfaction with their salaries 3.1/5. Few are explicitly unhappy with their salaries, with most bank managers having generally positive views of their salary.
We asked bank managers how fairly compensated they are for their work.
Their response was:
3.1 out of 5 stars
534 bank managers
13% of bank managers rated their compensation 5 stars
26% of bank managers rated their compensation 4 stars
29% of bank managers rated their compensation 3 stars
19% of bank managers rated their compensation 2 stars
13% of bank managers rated their compensation 1 stars
Do bank managers find their jobs meaningful?
On average, bank managers rate the meaningfulness of their work a 2.6/5. While most bank managers aren’t very fulfilled by their work, some people may still manage to find meaning in it.
We asked bank managers how meaningful they found their work.
Their response was:
2.6 out of 5 stars
533 bank managers
10% of bank managers rated how meaningful they found their career 5 stars
14% of bank managers rated how meaningful they found their career 4 stars
25% of bank managers rated how meaningful they found their career 3 stars
26% of bank managers rated how meaningful they found their career 2 stars
25% of bank managers rated how meaningful they found their career 1 stars
How well are people’s personalities suited to everyday tasks as bank managers?
Bank managers rated their personality fit with their work an average of 3.8/5. The majority of bank managers find their personalities quite well suited to their work, with relatively few having complaints about their fit.
We asked bank managers how well their personalities fit into their careers.
Their response was:
3.8 out of 5 stars
567 bank managers
33% of bank managers rated their career fit 5 stars
32% of bank managers rated their career fit 4 stars
21% of bank managers rated their career fit 3 stars
9% of bank managers rated their career fit 2 stars
5% of bank managers rated their career fit 1 stars
How enjoyable is a bank manager’s work environment?
As a whole, bank managers rated their enjoyment of their work environment 3.4/5. Most of them tend to enjoy, or at least not be actively bothered by, their work environment.
We asked bank managers how much they enjoyed their work environment.
Their response was:
3.4 out of 5 stars
568 bank managers
19% of bank managers rated their work environment 5 stars
29% of bank managers rated their work environment 4 stars
28% of bank managers rated their work environment 3 stars
15% of bank managers rated their work environment 2 stars
8% of bank managers rated their work environment 1 stars
Are bank managers making the best use of their abilities?
Former bank managers on CareerExplorer have rated their skills utilization 3.0/5. Bank managers tend to feel that they don’t manage to use their abilities to their fullest, when compared to other careers.
We asked bank managers how well their abilities were used in their careers.
Their response was:
3.0 out of 5 stars
572 bank managers
13% of bank managers rated their how well their skills were utilized in their career 5 stars
22% of bank managers rated their how well their skills were utilized in their career 4 stars
29% of bank managers rated their how well their skills were utilized in their career 3 stars
22% of bank managers rated their how well their skills were utilized in their career 2 stars
14% of bank managers rated their how well their skills were utilized in their career 1 stars