Thread regarding Bank of New York Mellon Corp. layoffs

Salary Band Thread

The title explains all, let's put salary band information into this thread.


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| 24122 views | | 13 replies (last November 20) | Reply
Post ID: @OP+1k9r57q4c

13 replies (most recent on top)

Whatever they’re paying you, the raise won’t keep up with inflation.

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Post ID: @1k9+1k9r57q4c

I don’t work at this sh---y place anymore. I had a shittiest, spineless manager who was based out of India. My title was svp with base of 155 and bonus averaged between 10-13k . Such a pathetic management team and many team members played back door politics with backstabbing and openly mocking other team members at meetings. I hope those team members get the boot. Professionalism was 0, and no accountability. Most likely the worst company in financial industry.

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Post ID: @tp+1k9r57q4c

@pz

Yes, companies only need to submit base. Bonus and RSU don't need to be submitted for H1B visa reporting.

At BNY, RSU isn't a thing except in the case when bonus exceeds 50k after which any $ excess of 50k is paid as RSU with 4 year vesting schedule (this company policy on paper). Senior Associate at 10-20%, SVP at 15-25%, guessing VP somewhere in between.

I managed many associates; no idea on engineering director, senior director and MD bonus percentages.

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Post ID: @qv+1k9r57q4c

These numbers all seem low. Are they base salary without bonus?

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Post ID: @pz+1k9r57q4c

@m3 And of course the bonus here is relating to engineering

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Post ID: @m4+1k9r57q4c

Salary and Glassdoor here are wildly inaccurate. The only source of truth is really submissions to US government from H1B data.

https://h1bdata.info/index.php?em=the+bank+of+new+york+mellon&job=&city=&year=2025

Senior Principal = Director, Principal = SVP, Senior Specialist = VP. These were the titles before the internal title shuffling. You can assume 2-3% increase per year for meet for people who took jobs post 2020 who are still here.

I was a SVP before leaving the company. I had a few convo with other employees; it's about 15 to 25% bonus. Bonus tends to stay sticky; BNY doesn't want to decrease your bonus if you had received a high one in the past so based on the Director post earlier, SVP can get bigger bonus than Director (and I did).

SVP base band should be 180-225 right now. At this company, VP and above are decently compensated relative to industry for a pretty slow (but toxic) org.

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Post ID: @m3+1k9r57q4c

Ranges provided below are 4/5 times smaller for the same grade/position in Poland and India.

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Post ID: @c5+1k9r57q4c

Take this job and shove it.

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Post ID: @as+1k9r57q4c

What are software engineer bonuses like in PA and Lake Mary? For associates, senior associates, and VP levels?

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Post ID: @ak+1k9r57q4c

I don't work at the dump anymore but I was a Director with a 209k base and normally 35-45 bonus. F bony

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Post ID: @ab+1k9r57q4c

keep in mind this is just the base pay and there are no bonus $$$ included.

as expected, top 3 are:
Managing Director – 140 employee sample – $162K–$250K/yr

Senior Vice President – 61 employee sample – $152K–$227K/yr

Director – 234 employee sample – $148K–$215K/yr

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Post ID: @a3+1k9r57q4c

how do i sort by amount?

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Post ID: @a2+1k9r57q4c

Source below, the range by BNY Job Title as submitted to salary.com.

The list states how many employees were sampled.

All geographies, numbers from last 24 months.

Here is teh list:

  1. Account Administrator – 49 employee sample – $50K–$76K/yr
  2. Account Analyst – 60 employee sample – $55K–$86K/yr
  3. Accountant – 51 employee sample – $68K–$110K/yr
  4. Accounting Analyst – 56 employee sample – $58K–$83K/yr
  5. Analyst – 386 employee sample – $62K–$89K/yr
  6. Associate – 164 employee sample – $63K–$98K/yr
  7. Business Analyst – 193 employee sample – $76K–$113K/yr
  8. Client Service Representative – 90 employee sample – $45K–$63K/yr
  9. Client Services Manager – 36 employee sample – $78K–$126K/yr
  10. Corporate Actions Analyst – 58 employee sample – $59K–$78K/yr
  11. Corporate Trust Administrator – 65 employee sample – $68K–$103K/yr
  12. Customer Service Representative – 91 employee sample – $40K–$56K/yr
  13. Data Scientist – 38 employee sample – $103K–$151K/yr
  14. Director – 234 employee sample – $148K–$215K/yr
  15. Executive Assistant – 38 employee sample – $60K–$89K/yr
  16. Financial Analyst – 103 employee sample – $70K–$102K/yr
  17. Fund Accountant – 248 employee sample – $63K–$84K/yr
  18. Group Manager – 37 employee sample – $128K–$195K/yr
  19. Intern – 147 employee sample – $47K–$79K/yr
  20. Intern - Hourly – 57 employee sample – $47K–$85K/yr
  21. Intermediate Representative – 70 employee sample – $58K–$95K/yr
  22. Lead Analyst – 213 employee sample – $80K–$120K/yr
  23. Lead Developer – 39 employee sample – $118K–$157K/yr
  24. Lead Representative – 54 employee sample – $56K–$89K/yr
  25. Manager – 61 employee sample – $85K–$148K/yr
  26. Managing Director – 140 employee sample – $162K–$250K/yr
  27. Operations – 37 employee sample – $56K–$96K/yr
  28. Operations Analyst – 183 employee sample – $57K–$78K/yr
  29. Performance Analyst – 49 employee sample – $72K–$108K/yr
  30. Portfolio Analyst – 57 employee sample – $67K–$93K/yr
  31. Product Manager – 45 employee sample – $103K–$154K/yr
  32. Project Manager – 140 employee sample – $93K–$144K/yr
  33. Relationship Manager – 63 employee sample – $90K–$149K/yr
  34. Senior Analyst – 201 employee sample – $70K–$99K/yr
  35. Senior Associate – 218 employee sample – $79K–$115K/yr
  36. Senior Business Analyst – 41 employee sample – $89K–$129K/yr
  37. Senior Fund Accountant – 81 employee sample – $70K–$96K/yr
  38. Senior Portfolio Analyst – 35 employee sample – $86K–$125K/yr
  39. Senior Project Manager – 37 employee sample – $117K–$169K/yr
  40. Senior Representative – 71 employee sample – $55K–$82K/yr
  41. Senior Software Engineer – 48 employee sample – $119K–$163K/yr
  42. Senior Vice President – 61 employee sample – $152K–$227K/yr
  43. Software Developer – 92 employee sample – $96K–$143K/yr
  44. Software Engineer – 206 employee sample – $102K–$152K/yr
  45. Specialist – 57 employee sample – $60K–$104K/yr
  46. Summer Analyst – 107 employee sample – $60K–$82K/yr
  47. Team Lead – 54 employee sample – $70K–$125K/yr
  48. Trust Associate – 60 employee sample – $57K–$72K/yr
  49. Vice President – 695 employee sample – $117K–$177K/yr
  50. Vice President Operations – 36 employee sample – $133K–$202K/yr

Source: https://www.glassdoor.com/Salary/BNY-Salaries-E78_P5.htm

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Post ID: @a1+1k9r57q4c

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