Bancroft Fund Ltd Salary

How much does the Bancroft Fund Ltd Pay for employees?

As of August 2026, the average annual salary for employees at Bancroft Fund Ltd in the United States is $101,556. This translates to an approximate hourly wage of $49. Salaries at Bancroft Fund Ltd typically range from $89,079 to $115,086 annually, reflecting the diverse roles and experience levels within the company. Bancroft Fund Ltd’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Bancroft Fund Ltd

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Is Bancroft Fund Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Bancroft Fund Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Bancroft Fund Ltd
Financial Services
Hamilton Miller
Iowa Business Growth Co
Industry Comparison
Our data shows that, on average, compensation at Bancroft Fund Ltd is below the average for the U.S. Financial Services industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Bancroft Fund Ltd average annual salary with several similar companies. Bancroft Fund Ltd average salary of $101,556 is higher than Hamilton Miller, which has an average salary of $89,046. It is higher than Iowa Business Growth Co, with their average salary at $86,525. This places Bancroft Fund Ltd in a competitive position among its peers.
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Employee Reviews: Working at Bancroft Fund Ltd

Considering a career at Bancroft Fund Ltd? 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.
Processes are well-documented, and expectations are clear. The open-door policy among leadership fosters trust and transparency. Since joining, I've been impressed with the company’s structure and support systems. The company fosters a collaborative and inclusive environment where every employee feels valued.
Emergency protocols are clear. The inclusive culture fosters teamwork and innovation, making the workplace engaging. Their vision for the company's future is ambitious yet achievable, and they communicate it clearly to all employees. The company offers a dynamic, fast-paced environment that challenges employees while providing strong support systems.
Working at this financial services company means being part of a motivated and skilled team. The company has a clear structure and defined expectations. Supportive management, high ethical standards, and collaborative culture make this a standout company. Transparent leadership and well-organized processes create a positive experience. Client confidentiality is handled with utmost care. Employees ...

Bancroft Fund Ltd Overview

Website
www.bancroftfund.com
Founded In
2005
Employees
<25 employees
Industry
Financial Services
Headquarter Address
65 Madison Ave Morristown New Jersey NJ 07960
Revenue
<$5 Million
Phone Number
+1 9736311177
Social Media
About Bancroft Fund Ltd
Bancroft Fund Ltd. operates as a closed-end, diversified management investment company and invests primarily in convertible securities, with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it invests. Its shares are traded on the NYSE MKT Excha

What Benefits Does Bancroft Fund Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bancroft Fund Ltd 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Bancroft Fund Ltd.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Bancroft Fund Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Bancroft Fund Ltd salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bancroft Fund Ltd

1. What is the average salary for employees at Bancroft Fund Ltd?

The average annual total compensation for employees at Bancroft Fund Ltd is approximately $101,556. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,079 to $115,086, depending on factors like job role, experience, and location.

2. How much does Bancroft Fund Ltd pay compared to Hamilton Miller?

The average annual salary at Bancroft Fund Ltd is $101,556, or an hourly wage of $49, in comparison to Hamilton Miller which pays $89,046 per year or $43 per hour.

3. How does having a professional certification impact salary for relevant roles at Bancroft Fund Ltd?

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 Bancroft Fund Ltd for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Bancroft Fund Ltd offer cost-of-living adjustments (COLA) for employees in high-cost areas like Jersey City?

While some companies offer formal COLA, many, including potentially Bancroft Fund Ltd, 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.

5. What's the typical process for salary reviews and raises at Bancroft Fund Ltd?

Most companies, likely including Bancroft Fund Ltd, 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.