Average Salary for The Bank of New York Mellon Corporation (BNY Mellon) Employees

Headquartered in New York City, N.Y., The Bank of New York Mellon Corporation (BNY Mellon) offers a range of employment opportunities in the financial services, from Fund Accountant to Client Service Manager. The average The Bank of New York Mellon Corporation (BNY Mellon) employee earns $62K per year. For the most part, employee paychecks at The Bank of New York Mellon Corporation (BNY Mellon) fluctuate depending on your job title; your experience level and geography also matter, but to a lesser degree. The data for this overview comes from answers to PayScale's salary questionnaire.

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How This Employer Pays

The Bank of New York Mellon Corporation (BNY Mellon) typically pays:
-6%
below market
Similar employers pay:
-3%
below market
Employer: The Bank of New York Mellon Corporation (BNY Mellon)
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Fund Accountant (14)
$33,000 - $44,530  
   
[-]Fund Accountant (14)
Salary$30,913 - $44,456  
   
Bonus$54.77 - $1,372  
Total Pay$33,000 - $44,530  
[+]Client Service Manager (8)
$37,424 - $101,663  
   
[+]Client Service Manager (8)
Salary$38,974 - $97,401  
   
Bonus$328.91 - $8,423  
Total Pay$37,424 - $101,663  
[+]Trust Administrator (8)
$29,253 - $75,113  
   
[+]Trust Administrator (8)
Salary$29,053 - $60,037  
   
Total Pay$29,253 - $75,113  
[+]Sr. Administrative Assistant (7)
$33,996 - $67,918  
   
[+]Sr. Administrative Assistant (7)
Salary$35,057 - $66,023  
   
Total Pay$33,996 - $67,918  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 8 Apr 2015 | Individuals Reporting: 344

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About This Company

One Wall St
New York City, New York 10286

Financial Services, State Commercial Banks, Commercial Banking, All Other Nondepository Credit Intermediation

Bank Of New York Inc, Bank of New York Mellon, BNY Mellon, Bnymellon, Mellon Bank Corp, Mellon Financial Corporation, The Bank Of New York Mellon, The Bank of New York Inc., The Bank of New York Mellon Corporation


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Jobs

Bringing in the most money are Relationship Managers — their earnings average $108K annually. Senior Financial Analysts are a close second at $74K along with Operations Managers (about $65K) and Client Service Managers (approximately $61K). The Bank of New York Mellon Corporation (BNY Mellon) hands out some of the smallest paychecks to Trust Administrators (around $35K on average).

Years of Experience

Those with one to four years of experience at the company can expect to make $43K per year on average. The largest fraction of The Bank of New York Mellon Corporation (BNY Mellon) people (30 percent) have been working for five to nine years and earn around $61K annually on average.

Locations

When it comes to location, the highest average paycheck (approximately $78K per year) can be spotted in Boston, Mass.; New York, N.Y. ($78K), Pittsburgh, Pa. ($58K), and Philadelphia, Pa. (about $55K) are the next top-paying cities. At $39K, Syracuse, N.Y. is home to some of the lowest pay in the country. By state, The Bank of New York Mellon Corporation (BNY Mellon) pays its New York employees the most; the pay rate there is $75K annually.

Certifications and Degrees

Being a Sun Certified Java Programmer certainly has its perks — salaries approach about $125K per year and far exceed the paychecks of those without certification. On average, salaries rise to around $122K annually for accredited Chartered Financial Analysts. Regarding salaries and education, The Bank of New York Mellon Corporation (BNY Mellon) pays those with a law degree the most — $100K.

Skills

The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of $86K per year. A skill that is commonly seen around here is Microsoft Excel; slightly less than a third deem it necessary for work. Other top skills include Microsoft Office, Financial Analysis, and Data Analysis.

Benefits and Perks

The Bank of New York Mellon Corporation (BNY Mellon) lets only one in three survey participants take paid vacation and only one in four respondents take sick leave. Nearly all workers report contributing to a 401(k). Most respondents report having health insurance, and a large number of employees report having dental coverage. The Bank of New York Mellon Corporation (BNY Mellon) folks also make good use of life insurance, a casual working environment, tuition reimbursement, and a stock purchase plan.

Key Stats for The Bank of New York Mellon Corporation (BNY Mellon)

Gender

Female
39 %
Male
61 %
Salary
$35,556 - $77,660
Salary
$38,697 - $99,717
Less than 1 year
5%
1-4 years
25%
5-9 years
29%
10-19 years
26%
20 years or more
15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 85 votes.
United States (change)

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