Years of Experience
Those who have five to nine years of work experience see average salaries of around $66K per year. Overall, the greater share of The Bank of New York Mellon Corporation (BNY Mellon) folks have one to four years of experience and earn an average about $47K annually.
When it comes to location, the highest average paycheck ($89K per year) can be spotted in New York, N.Y.; Boston, Mass. ($81K), Pittsburgh, Pa. (approximately $56K), and Houston, Texas ($53K) are the next top-paying cities. At around $41K, Syracuse, N.Y. is home to some of the lowest pay in the country. By state, The Bank of New York Mellon Corporation (BNY Mellon) pays its New Jersey employees the most; the pay rate there is $82K annually.
Nearing the top of the pay scale are Senior Business Analysts, Finance & Banking Business Analysts, Client Service Managers, and Accounting Supervisors; while the first receives the highest median pay at approximately $83K per year, the other salaries come in at $66K, $64K, and about $59K, respectively. Financial compensation for Account Analysts is rather low — on average only $37K — relative to the rest of the company.
Certifications and Degrees
Chartered Financial Analysts are compensated at a much higher rate than non-authorized workers, bringing in close to $123K annually. Earning a Licensed Lawyer certification garners significant financial rewards of around $110K per year on average. The Bank of New York Mellon Corporation (BNY Mellon) provides the highest financial reward to those with a Bachelor of Science in Electrical Engineering (BSEE) — these employees rake in about $124K annually.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $83K per year. A skill that is commonly seen around here is Microsoft Excel; just under one in three deem it necessary for work. Other top skills include Data Analysis, Microsoft Office, and Financial Analysis.
Benefits and Perks
The Bank of New York Mellon Corporation (BNY Mellon) lets only 29 percent take paid vacation and only 18 percent take sick leave. A large number of workers plan for retirement by taking advantage of the company-sponsored 401(k) program. A large number of employees can count on health insurance, and most employees have dental coverage as a benefit. The Bank of New York Mellon Corporation (BNY Mellon) employees also enjoy perks such as a casual working environment, life insurance, tuition reimbursement, and a stock purchase plan.