VPs of Operations represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $106K per year — though Senior Business Analysts, Finance & Banking Business Analysts, and Financial Analysts also do fairly well at approximately $83K, $65K, and about $55K, respectively. The Bank of New York Mellon Corporation (BNY Mellon) hands out some of the smallest paychecks to Trust Administrators (around $34K on average).
Years of Experience
For those with five to nine years of experience, average earnings amount to $66K annually. The largest fraction of The Bank of New York Mellon Corporation (BNY Mellon) people (31 percent) have been working for one to four years and earn about $47K per year on average.
When it comes to location, the highest average paycheck ($91K annually) can be spotted in New York, N.Y.; Boston, Mass. (approximately $80K), Houston, Texas ($59K), and Dallas, Texas (around $54K) are the next top-paying cities. Syracuse, N.Y. ranks low on the pay scale — at $41K, it is one of the lowest-paid cities. Pay rates in the United States are highest in the state of New Jersey, where they average to about $83K per year.
Certifications and Degrees
Certified Information Systems Auditors receive bigger paychecks (around $148K annually) than those without credentials. Becoming a Chartered Financial Analyst can certainly pay off here; those folks make approximately $145K on average. The best paid folks at The Bank of New York Mellon Corporation (BNY Mellon) have a Bachelor of Commerce (BCom), earning $233K per year.
In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of $81K annually. Microsoft Excel is a popular skill among The Bank of New York Mellon Corporation (BNY Mellon) workers, with slightly less than a third of those surveyed reporting using it on the job. Many workers usually know Data Analysis, Microsoft Office, and Financial Analysis as well.
Benefits and Perks
Paid time off is hard to come by at The Bank of New York Mellon Corporation (BNY Mellon); the company rewards only a quarter of workers with paid vacation time and only a sixth of employees with sick leave. Most workers participate in a 401(k) program. A large number of workers receive health insurance, and a large number of respondents get dental coverage. The Bank of New York Mellon Corporation (BNY Mellon) also dishes out privileges such as a casual working environment, life insurance, tuition reimbursement, and a stock purchase plan.