MacKay Shields LLC Salary

MacKay Shields LLC Salary

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As of August 2026, the average hourly salary for employees at MacKay Shields LLC in the United States is $61. This translates to an approximate annual wage of $126,270. Salaries at MacKay Shields LLC typically range from $53 to $69 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at MacKay Shields LLC

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

Is MacKay Shields LLC’s Pay Competitive? Salary Benchmarking Analysis

How does MacKay Shields LLC'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
Compass Financial Holding Group LLC $45
-25.7%
Reflects market rates for standard general contracting, differing from specialized roles.
InTandem Financial $47
-22.5%
Typical compensation structure for smaller regional agencies like InTandem Financial.
Ameriserv Financial Inc $46
-23.8%
Ameriserv Financial Inc likely leverages performance bonuses over the high base salary shown here.
Bank Mutual Corp $49
-19.0%
Bank Mutual Corp may offer non-monetary perks in lieu of competitive base salaries.
Financial Services Industry $59
-3.8%
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.

Companies Similar to MacKay Shields LLC and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at MacKay Shields LLC. Click a company name to learn more.

Employee Reviews: Working at MacKay Shields LLC

Considering a career at MacKay Shields LLC? 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.
Training programs exist but vary in quality by team. Initiatives promoting health and balance are common and appreciated by all staff. Inclusive culture valuing diversity and employee wellbeing. It's rewarding to work for a firm that does business the right way. In the fast-paced financial industry, this company excels at promoting work-life balance.
Commented in March 24, 2025
15
1
There's a strong ethical foundation, and our financial services truly make a difference. The teams here work well together. The rationale behind changes is always explained. Flexible hours and remote work options enhance work-life balance. Supportive team, clear expectations, and meaningful work define this organization. Professionalism and integrity are deeply valued. Knowledge sharing happens na...
Commented in February 02, 2025
11
0
This preparedness provides peace of mind. The company’s commitment to social responsibility extends beyond the workplace, with initiatives supporting underrepresented communities. It’s a strong brand, internally and externally. The environment is professional and structured. This organization understands the evolving financial landscape and embraces innovation.
Commented in January 10, 2024
32
1

MacKay Shields LLC Overview

Website
www.mackayshields.com
Founded In
1938
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
1345 Avenue of the Americas New York City New York NY 10105
Revenue
$50 Million - $200 Million
Phone Number
+1 2123036300
Social Media
About MacKay Shields LLC
MacKay Shields LLC (together with its subsidiaries, "MacKay")*, a New York Life Investments Company, is a global asset management firm with $164 billion in assets under management as of December 31, 2021. MacKay manages fixed income and equity strategies for high-net worth individuals and institutional clients, through separately managed accounts and collective investment vehicles including privat

What Benefits Does MacKay Shields LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. MacKay Shields LLC 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at MacKay Shields LLC.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from MacKay Shields LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of MacKay Shields LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MacKay Shields LLC

1. What is the average salary for employees at MacKay Shields LLC?

The average total compensation for employees at MacKay Shields LLC is approximately $61 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $53 to $69 per hour, depending on factors like job role, experience, and location.

2. How much does MacKay Shields LLC pay compared to Compass Financial Holding Group LLC?

The average annual salary at MacKay Shields LLC is $126,270, or an hourly wage of $61, in comparison to Compass Financial Holding Group LLC which pays $93,761 per year or $45 per hour.

3. What is the lowest salary at MacKay Shields LLC?

The lowest-paying job at MacKay Shields LLC is a Consultant with a salary of $64 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at MacKay Shields LLC?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at MacKay Shields LLC for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does MacKay Shields LLC offer cost-of-living adjustments (COLA) for employees in high-cost areas like New York?

While some companies offer formal COLA, many, including potentially MacKay Shields LLC, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at MacKay Shields LLC?

Most companies, likely including MacKay Shields LLC, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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