Years of Experience
Five to nine years of work experience seem to result in median wages of approximately $66K per year. The greater proportion of employees (30 percent) report one to four years of experience and bring home median pay of about $47K annually.
VPs of Operations represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $98K per year — though Senior Business Analysts, Finance & Banking Business Analysts, and Client Service Managers also do fairly well at $82K, around $65K, and $64K, respectively. With salaries averaging about $42K, Fund Accountants are among the lowest paid at The Bank of New York Mellon Corporation (BNY Mellon).
When it comes to location, the highest average paycheck (approximately $89K annually) can be spotted in New York, N.Y.; Boston, Mass. ($83K), Houston, Texas (around $59K), and Dallas, Texas ($56K) are the next top-paying cities. At $44K, Westborough, Mass. is home to some of the lowest pay in the country. Pay rates in the United States are highest in the state of New Jersey, where they average to $82K per year.
Certifications and Degrees
Certified Information Systems Auditors earn $148K annually, far more than their non-accredited counterparts. Chartered Financial Analysts with credentials can live quite comfortably; median salaries come in at $145K per year. The highest-paying degree here is a Bachelor of Commerce (BCom); The Bank of New York Mellon Corporation (BNY Mellon) awards about $233K to these degree-holders.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of around $81K annually. One of the more prevalent skills at The Bank of New York Mellon Corporation (BNY Mellon) is Microsoft Excel, with just under one in three considering it a key competency. Microsoft Office, Data Analysis, and Financial Analysis round out the set of key employee skills.
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 one in four workers with paid vacation time and only a sixth of survey respondents with sick leave. Most respondents participate in the company's 401(k) retirement savings plan. Health insurance comes as part of the deal for most survey participants, and most workers report receiving dental coverage as well. Some other advantages of working at The Bank of New York Mellon Corporation (BNY Mellon) are a casual working environment, life insurance, tuition reimbursement, and a stock purchase plan.