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

New York City, New York-based The Bank of New York Mellon Corporation (BNY Mellon) hires for positions ranging from Fund Accountant to Senior Administrative Assistant in the financial services industry. The typical salary at The Bank of New York Mellon Corporation (BNY Mellon) is $61K annually. Your job title is the biggest factor affecting pay for The Bank of New York Mellon Corporation (BNY Mellon) workers, followed by how long you've been working and geography. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

How This Employer Pays

The Bank of New York Mellon Corporation (BNY Mellon) typically pays:
-4%
below market
Similar employers pay:
-1%
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 (17)
$35,080 - $46,858  
   
[-]Fund Accountant (17)
Salary$34,687 - $47,152  
   
Bonus$5.28 - $1,563  
Total Pay$35,080 - $46,858  
[+]Financial Analyst (8)
$37,739 - $84,013  
   
[+]Financial Analyst (8)
Salary$41,094 - $81,166  
   
Bonus$1,054 - $11,528  
Total Pay$37,739 - $84,013  
[+]Sr. Administrative Assistant (7)
$34,208 - $67,418  
   
[+]Sr. Administrative Assistant (7)
Salary$35,261 - $65,799  
   
Total Pay$34,208 - $67,418  
[+]Senior Business Analyst (6)
$55,579 - $123,425  
   
[+]Senior Business Analyst (6)
Salary$54,031 - $110,551  
   
Bonus$1,256 - $15,233  
Total Pay$55,579 - $123,425  
 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: 28 Oct 2014 | Individuals Reporting: 352
United States (change)

The Bank of New York Mellon Corporation (BNY Mellon) Details

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

Portfolio Managers earn the highest median pay at approximately $121K, followed by Senior Business Analysts (around $88K), Financial Analysts ($61K), and Senior Administrative Assistants ($52K). On the lower end are Trust Administrators at $35K.

Years of Experience

Those with one to four years of experience at the company can expect to make about $44K. To sum up, the greater portion of employees here (30 percent) have worked in their field for five to nine years and now make $57K per year.

Locations

Median pay is highest in New York ($76K annually), followed by Boston (approximately $73K), Westborough ($58K), and Pittsburgh (around $54K). Approaching the lower end of the pay scale (at about $48K) is Orlando. The Bank of New York Mellon Corporation (BNY Mellon) workers in New Jersey earn the most — around $73K per year on average.

Certifications and Degrees

Those lacking certification bring in much lower salaries than General Securities Principals, who make $145K. Sun Certified Java Programmer s also rank high on the pay scale, with expected earnings of $123K annually. The Bank of New York Mellon Corporation (BNY Mellon) workers who hold a Master of Science (MS), Computer Science (CS) are also well compensated, earning $112K on average.

Skills

When it comes to skills, employees who report Project Management among their abilities seem to make the most, reporting a median income of about $71K. Microsoft Excel is a popular skill in the The Bank of New York Mellon Corporation (BNY Mellon) workforce; slightly less than a third of those surveyed report putting it to use in their jobs. Other skills in demand are Microsoft Office, Financial Analysis, and Data Analysis.

Benefits and Perks

Only two-fifths of workers at The Bank of New York Mellon Corporation (BNY Mellon) enjoy paid vacation time, and just 28 percent can take sick leave. The vast majority of workers contribute to 401(k) savings accounts sponsored by the firm. Perks cover health insurance for a strong majority of workers and dental coverage for the greater part of workers. Some other advantages of working at The Bank of New York Mellon Corporation (BNY Mellon) are life insurance, tuition reimbursement, a casual working environment, and a stock purchase plan.

Key Stats

Female
38 %
Male
62 %
Salary
$34,898 - $73,893
Salary
$36,503 - $100,174
Less than 1 year
6%
1-4 years
24%
5-9 years
29%
10-19 years
27%
20 years or more
14%
Highly satisfied
Rated 4 out of 5
based on 105 votes.

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