Years of Experience
Workers who have been with the company for more than one year but less than five can make $43K per year on average. For those with five to nine years of experience, average earnings amount to $63K annually. The largest slice of the The Bank of New York Mellon Corporation (BNY Mellon) workforce (29 percent) has been working for 10-19 years and earns, on average, around $80K per year.
Senior Business Analysts represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at about $80K annually — though Business Analysts, Senior Financial Analysts, and Client Service Managers also do fairly well at approximately $74K, $68K, and around $62K, respectively. Near the bottom at The Bank of New York Mellon Corporation (BNY Mellon) are Trust Administrators, pulling in an average of just $35K.
When it comes to location, the highest average paycheck ($83K per year) can be spotted in New York, N.Y.; Boston, Mass. (about $81K), Houston, Texas ($61K), and Pittsburgh, Pa. (approximately $59K) are the next top-paying cities. Syracuse, N.Y. is one of the lowest-paid cities, with earnings averaging around $41K. Pay rates in the United States are highest in the state of New York, where they average to $76K annually.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Chartered Financial Analysts, who make approximately $176K per year. Acquiring certification to be a Certified Public Accountant is rewarded with median pay of about $123K annually. The Bank of New York Mellon Corporation (BNY Mellon) compensates B.A. in Communication-holders the most at $98K per year.
When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $87K annually. 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. Other skills in demand are Microsoft Office, Data Analysis, and Financial Analysis.
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 three employees with paid vacation time and only 23 percent with sick leave. Almost all workers participate in a 401(k) program. Perks cover health insurance for most respondents and dental coverage for most workers. The Bank of New York Mellon Corporation (BNY Mellon) employees also enjoy perks such as life insurance, a casual working environment, tuition reimbursement, and a company cell phone.