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

Headquartered in New York City, N.Y., The Bank of New York Mellon Corporation (BNY Mellon) offers a range of employment opportunities in the financial services, from Fund Accountant to Trust Administrator. An average The Bank of New York Mellon Corporation (BNY Mellon) employee can expect to make $63K annually. How long you've been working is the biggest factor affecting pay for The Bank of New York Mellon Corporation (BNY Mellon) workers, followed by geography and what you do at the company. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

The Bank of New York Mellon Corporation (BNY Mellon) typically pays:
-6%
below market
Similar employers pay:
-4%
below market
Employer: The Bank of New York Mellon Corporation (BNY Mellon)
Average Salary Range by Job

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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

Years of Experience

Those with one to four years of experience at the company can expect to make approximately $43K per year on average. The largest fraction of The Bank of New York Mellon Corporation (BNY Mellon) people (30 percent) have been working for five to nine years and earn $61K annually on average.

Locations

When it comes to location, the highest average paycheck ($79K per year) can be spotted in Boston, Mass.; New York, N.Y. (around $79K), Pittsburgh, Pa. (about $58K), and Philadelphia, Pa. ($55K) are the next top-paying cities. High paychecks are not found in Syracuse, N.Y.; in fact, at around $39K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of approximately $75K annually) in New York.

Jobs

Earning $68K per year on average, Senior Financial Analysts receive the most money, followed by Operations Managers ($65K), Client Service Managers (about $62K), and Senior Administrative Assistants ($52K). With salaries averaging $35K, Trust Administrators are among the lowest paid at The Bank of New York Mellon Corporation (BNY Mellon).

Certifications and Degrees

Chartered Financial Analysts have significantly higher pay than non-accredited workers at around $123K annually. Becoming a Licensed Lawyer can certainly pay off here; those folks make about $122K on average. Regarding salaries and education, The Bank of New York Mellon Corporation (BNY Mellon) pays those with a law degree the most — approximately $100K.

Skills

The highest-paying skill in this position seems to be Project Management; individuals who report it as part of the repertoire have a median income of $86K per year. A relatively widespread skill at The Bank of New York Mellon Corporation (BNY Mellon) is Microsoft Excel; just under one in three of employees use it for work. Three more common skills are Microsoft Office, Financial Analysis, and Data Analysis.

Benefits and Perks

The Bank of New York Mellon Corporation (BNY Mellon) lets only a third of survey participants take paid vacation and only a quarter of respondents take sick leave. The vast majority of survey participants save up for retirement through a 401(k) plan. Most workers can count on health insurance, and most respondents have dental coverage as a benefit. The list of perks also includes life insurance, a casual working environment, tuition reimbursement, and a company cell phone.

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

Gender

Female
40 %
Male
60 %
Salary
$35,689 - $78,839
Salary
$38,992 - $99,437
Less than 1 year
5%
1-4 years
24%
5-9 years
30%
10-19 years
27%
20 years or more
15%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 84 votes.
United States (change)

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