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

Based in New York City, N.Y.,financial services industry player The Bank of New York Mellon Corporation (BNY Mellon) offers many employment opportunities, including Fund Accountant and Senior Administrative Assistant positions. The Bank of New York Mellon Corporation (BNY Mellon) pays its employees $61K annually on average. Though how long you've been working and your city do impact pay, your job title is the primary influence on employee salary at The Bank of New York Mellon Corporation (BNY Mellon). This report is based on responses to the PayScale salary survey.

How This Employer Pays

The Bank of New York Mellon Corporation (BNY Mellon) typically pays:
-4%
below market
Similar employers pay:
-2%
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 (16)
$34,905 - $45,790  
   
[-]Fund Accountant (16)
Salary$33,000 - $45,991  
   
Bonus$4.25 - $2,118  
Total Pay$34,905 - $45,790  
[+]Sr. Administrative Assistant (7)
$34,405 - $67,575  
   
[+]Sr. Administrative Assistant (7)
Salary$35,121 - $66,105  
   
Total Pay$34,405 - $67,575  
[+]Financial Analyst (7)
$36,364 - $82,135  
   
[+]Financial Analyst (7)
Salary$39,541 - $80,889  
   
Bonus$1,044 - $12,635  
Total Pay$36,364 - $82,135  
[+]Senior Business Analyst (6)
$55,754 - $123,778  
   
[+]Senior Business Analyst (6)
Salary$53,658 - $110,974  
   
Bonus$1,206 - $13,570  
Total Pay$55,754 - $123,778  
 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: 11 Nov 2014 | Individuals Reporting: 343
United States (change)

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


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

The highest average salaries go to Portfolio Managers, who bring in close to $121K, though Senior Business Analysts are not far behind at $85K along with Financial Analysts ($61K) and Senior Administrative Assistants (about $52K). Trust Administrators at The Bank of New York Mellon Corporation (BNY Mellon) do not see much in the way of financial compensation and represent one of the lower-paid positions (around $35K) at the company.

Years of Experience

Workers who have been with the company for more than one year but less than five can typically make approximately $44K. Overall, the greater share of The Bank of New York Mellon Corporation (BNY Mellon) folks have five to nine years of experience and earn around $58K per year.

Locations

Median pay is highest in Boston (about $76K annually), followed by New York (approximately $76K), Westborough ($58K), and Pittsburgh ($55K). Orlando is one of the lowest-paid cities, with earnings averaging $48K. By state, the highest compensation levels appear in New York, where the average salary is approximately $73K per year.

Certifications and Degrees

Salaries approach around $123K for Sun Certified Java Programmers; non-accredited workers make much less. Salaries typically rise to $119K annually for accredited Chartered Financial Analysts. Those with a Master of Science (MS), Computer Science (CS) at The Bank of New York Mellon Corporation (BNY Mellon) come out on top, and their salaries approach $112K per year.

Skills

Employees who count Project Management among their skills tend to enjoy higher pay; the median for this group is about $72K. A common skill in The Bank of New York Mellon Corporation (BNY Mellon)'s work force is Microsoft Excel; slightly less than a third of survey participants report using it on the job. Many workers usually know Microsoft Office, Financial Analysis, and Data Analysis as well.

Benefits and Perks

Two-fifths of workers have paid vacation, and only about 28 percent can take paid time off for illness. To plan for old age, almost all workers maintain savings accounts through the company's 401(k) plan. The Bank of New York Mellon Corporation (BNY Mellon) provides health insurance to the greater part of workers, and a strong majority of workers do receive dental coverage. Some other perks are life insurance, tuition reimbursement, a casual working environment, and a stock purchase plan.

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

Gender

Female
38 %
Male
62 %
Salary
$34,898 - $73,893
Salary
$36,720 - $99,260
Less than 1 year
6%
1-4 years
24%
5-9 years
29%
10-19 years
27%
20 years or more
14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 107 votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon

ADVERTISEMENT

Recent Blog Posts on Career News

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.