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Discover Financial Salaries in 2026

Discover Financial is a financial services company headquartered in Riverwoods, IL, founded in 1985. With approximately 18,000 employees, it is a major employer in the financial services sector.

Average Salary

$95,000

$7,917/mo

Total Compensation

$115,000

base + bonus + equity

Employees

18K

large company

Rating

3.8

★★★

Discover Financial Salary by Level

Salary progression from entry-level to director positions at Discover Financial.

Entry$55,000
Mid$115,500
$116K
Senior$155,000
$155K
Lead/Principal$193,750
$194K
Director$288,000
$288K

Entry-level employees at Discover Financial earn around $55,000, while directors can earn $288,000 or more.

Top Paying Roles at Discover Financial

RoleBase SalaryEst. Total Comp
Software Engineer$95,000$108,300
Product Manager$90,250$102,885
Operations Manager$76,950$87,723
Marketing Manager$75,050$85,557
Data Analyst$72,200$82,308

Total compensation estimates include base salary and an average 14% bonus. Stock options/equity are offered but vary significantly by role and level.

Discover Financial Benefits & Perks

🏥Health/dental/vision
💰401k match
📈Stock purchase
🎓Tuition reimbursement
🌿Wellness program
📈Equity / long-term awards
💵Annual bonus (~14% of base)

Discover Financial Salary Calculator

Select a role and experience level to estimate your salary at Discover Financial.

Mid Career (5-9 yrs)

Estimated Salary at Discover Financial

$100,000

$8,333/month · $48.08/hr

Est. total comp with 14% bonus: $114,000

About Discover Financial

Discover Financial is a financial services company headquartered in Riverwoods, IL, founded in 1985. With approximately 18,000 employees, it is a major employer in the financial services sector.

Headquarters

Riverwoods, IL

Founded

1985

Industry

Financial Services

Company Size

large

Employees

18,000

Median Salary

$85,000

Hourly Rate

$45.67/hr

Monthly Pay

$7,917

Discover Financial Employee Ratings

3.8

★★★

Overall Rating

Overall3.8
Work-Life Balance3.5
Compensation3.9
Culture3.9

Methodology & Sources for Discover Financial Salary Data

How we estimate Discover Financial compensation data: Our salary figures combine self-reported employee compensation data (Glassdoor, Levels.fyi, Comparably, Blind), SEC filings for public companies (DEF 14A proxy statements include executive compensation), and BLS Occupational Employment and Wage Statistics for industry baselines. We weight recent data points (last 2 years) higher to reflect current market conditions.

  1. Base salary distribution aggregated from employee-reported data points. Discover Financial (founded 1985, 18K employees, headquartered in Riverwoods, IL) is in the Financial Services sector.
  2. Total compensation includes base salary, bonus, and where applicable, equity or other long-term incentives. At Discover Financial, bonuses vary by role, level, location, performance cycle, and business division.
  3. Level mapping normalizes role names across companies (Entry/Junior/Mid/Senior/Lead/Principal/Director) for cross-company comparison.
  4. Cost-of-living adjustment uses BLS regional CPI-U data when comparing Discover Financial's Riverwoods, IL salaries to other markets.
  5. Industry benchmarking compares Discover Financial compensation to BLS national averages for Financial Services sector occupations.

Authoritative compensation data sources:

Disclaimer: Discover Financial compensation data is aggregated from multiple sources and reflects general patterns, not guaranteed offers. Actual salaries vary based on level, location, negotiation, performance, and equity vesting. For personalized career advice, consult HR professionals or executive coaches. For job offers, always negotiate based on multiple data points and your unique value.

Reviewed by Brazora Monk · Last updated May 12, 2026 · BLS data current as of latest annual release

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