Years of Experience
For those with one to four years of experience, median paychecks reach around $44K per year. Those who have five to nine years of work experience see average salaries of $62K annually. Overall, the greater share of The Bank of New York Mellon Corporation (BNY Mellon) folks have 10-19 years of experience and earn an average about $80K per year.
When it comes to location, the highest average paycheck ($82K annually) can be spotted in New York, N.Y.; Boston, Mass. (approximately $81K), Houston, Texas ($61K), and Pittsburgh, Pa. ($58K) are the next top-paying cities. Syracuse, N.Y. is one of the lowest-paid cities, with earnings averaging $39K. By state, the highest pay levels are found in New York, where the average The Bank of New York Mellon Corporation (BNY Mellon) employee makes around $76K per year.
Senior Financial Analysts rake in the most money, with average earnings of $68K annually; Business Analysts come in second with average earnings amounting to about $65K, while Client Service Managers and Data Analysts rank near the top as well (approximately $62K and about $46K, respectively). Financial compensation for Trust Administrators is rather low — on average only $35K — relative to the rest of the company.
Certifications and Degrees
Chartered Financial Analysts have significantly higher pay than non-accredited workers at approximately $176K per year. Certified Public Accountants also rank high on the pay scale, with expected average earnings of $123K annually. Those with a B.A. in Communication at The Bank of New York Mellon Corporation (BNY Mellon) come out on top, and their salaries approach $98K per year.
When it comes to skills, employees who report Project Management among their abilities seem to make the most, reporting a median income of around $88K annually. It's pretty common to find people here who know Microsoft Excel; just under one in three consider it a key competency. Microsoft Office, Data Analysis, and Financial Analysis round out the set of key employee skills.
Benefits and Perks
One in three employees receive paid vacation, and only a quarter of survey participants get sick leave. Almost all employees take advantage of the 401(k) plan that The Bank of New York Mellon Corporation (BNY Mellon) sponsors. A large number of respondents receive health insurance, and most respondents get dental coverage. Some other perks are life insurance, a casual working environment, tuition reimbursement, and a company cell phone.