BofA Merrill Lynch Salary

As of August 2026, the average hourly salary for employees at BofA Merrill Lynch in the United States is $45. This translates to an approximate annual wage of $93,592. Salaries at BofA Merrill Lynch typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at BofA Merrill Lynch

Ready for your next career move? Explore current job openings at BofA Merrill Lynch. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is BofA Merrill Lynch’s Pay Competitive? Salary Benchmarking Analysis

How does BofA Merrill Lynch's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Operations Services Inc $43
-5.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Engineering Corp Manufacturing $51
+13.1%
Reflects a supply-demand imbalance for the specific talent Engineering Corp Manufacturing targets.
Converseon Inc $52
+15.2%
Adjusted for higher cost-of-living indices in Converseon Inc's primary metro hubs.
Kreis Enderle $44
-2.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Business Services Industry $59
+29.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at BofA Merrill Lynch

Considering a career at BofA Merrill Lynch? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Benefits include flexible working arrangements and mental health support. The regular bonuses are a great incentive and show that hard work is recognized. Collaborative environment and great communication. The flat organizational structure means good ideas can come from anywhere.
Leadership communicates well and leads by example, creating a sense of purpose and direction. The experience was inconsistent though never problematic. They are great for team building and morale. The management team is responsive and genuinely listens to concerns. The benefits are excellent, and the wellness initiatives show they care about employees' well-being. During project meetings, everyone...
Everyone is approachable, from colleagues to senior managers. It's rare to find an organization this large that still makes every employee feel valued and heard. The clear vision from the top makes it easy to understand how my individual contributions impact the company's overall success. This hands-on guidance and the sharing of invaluable industry experience are instrumental in personal and prof...

BofA Merrill Lynch Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
214 N Tryon St Charlotte North Carolina NC 28255
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About BofA Merrill Lynch
BofA Merrill Lynch is a company that operates in the Real Estate industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Charlotte, North Carolina.

What Benefits Does BofA Merrill Lynch Offer Beyond Salary?

A competitive compensation package is more than just a salary. BofA Merrill Lynch offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at BofA Merrill Lynch.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from BofA Merrill Lynch, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of BofA Merrill Lynch salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of BofA Merrill Lynch

1. What is the typical salary range (low to high) for most roles at BofA Merrill Lynch?

The typical salary range for most roles at BofA Merrill Lynch is approximately from $40 to $51 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does BofA Merrill Lynch pay compared to Operations Services Inc?

The average annual salary at BofA Merrill Lynch is $93,592, or an hourly wage of $45, in comparison to Operations Services Inc which pays $88,751 per year or $43 per hour.

3. How does experience level affect salary at BofA Merrill Lynch?

Experience level is a significant factor in determining salary at BofA Merrill Lynch, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from BofA Merrill Lynch in Charlotte is fair given the local cost of living?

To determine if a salary offer from BofA Merrill Lynch in Charlotte is fair, first compare the gross salary to our data for similar roles at BofA Merrill Lynch and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Charlotte" to understand its purchasing power.

5. Why might an individual's actual salary at BofA Merrill Lynch differ from the ranges shown here?

An individual's actual salary at BofA Merrill Lynch can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.