Gates Millennium Scholars Program Salary

How much does the Gates Millennium Scholars Program Pay for employees?

As of August 2026, the average annual salary for employees at Gates Millennium Scholars Program in the United States is $106,028. This translates to an approximate hourly wage of $51. Salaries at Gates Millennium Scholars Program typically range from $92,946 to $120,232 annually, reflecting the diverse roles and experience levels within the company. Gates Millennium Scholars Program’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.

How Much Does Gates Millennium Scholars Program Pay for Different Roles?

Explore detailed salary information for specific jobs at Gates Millennium Scholars Program. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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 Gates Millennium Scholars Program

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

Is Gates Millennium Scholars Program’s Pay Competitive? Salary Benchmarking Analysis

How does Gates Millennium Scholars Program’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)
Gates Millennium Scholars Program
Financial Services
SNRA Commodities
Ennis State Bank Dba Esb Mortgage Co
Industry Comparison
Our data shows that, on average, compensation at Gates Millennium Scholars Program is below the average for the U.S. Financial Services industry by approximately 13%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Gates Millennium Scholars Program average annual salary with several similar companies. Gates Millennium Scholars Program average salary of $106,028 is higher than SNRA Commodities, which has an average salary of $77,844. It is higher than Ennis State Bank Dba Esb Mortgage Co, with their average salary at $88,361. This places Gates Millennium Scholars Program in a competitive position among its peers.
See Your True Competitors
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Employee Reviews: Working at Gates Millennium Scholars Program

Considering a career at Gates Millennium Scholars Program? 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.
Management is reliable but rarely involved in day-to-day decisions. Inclusive and respectful workplace. Despite its size, the firm maintains a people-first approach, ensuring workloads are manageable. The work can become repetitive, with few opportunities for innovation. The use of advanced technology streamlines workflows, enhancing productivity and job satisfaction.
This company excels at creating a learning environment. Flexible schedules and great benefits. It’s a decent place for those valuing predictability, and it is somehow for those seeking rapid growth or dynamic work. One of the few places where both performance and values are equally important. My experience here has been stable. Working here has expanded my technical skills significantly, and I app...
Training is offered but often generalized rather than customized. Per diems are generous. This forward-thinking approach keeps us at the forefront of financial technology, providing exciting challenges and opportunities to work with state-of-the-art tools. This focus not only enhances my skills but also demonstrates a clear commitment to employee growth and career longevity within the firm.
Leadership is accessible and genuinely cares about employee well-being. Communication varies across departments and teams. It’s rare to find a company that balances ambition with such a positive workplace culture. It's a fair place to work if you're looking for stability and don’t mind following long-established systems and workflows.
Flexible work arrangements help maintain work-life balance. I am impressed with the company’s dedication to diversity and inclusion, creating a respectful and supportive workplace. I appreciate the company’s commitment to ethical practices and client satisfaction, making it a rewarding place to grow professionally.

Gates Millennium Scholars Program Overview

Website
www.gmsp.org
Founded In
1999
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
1805 7th St NW Washington District of Columbia DC 20001
Revenue
$5 Million - $10 Million
Phone Number
+1 8776904677
Social Media
About Gates Millennium Scholars Program
The Gates Millennium Scholars (GMS) Program, funded by a grant from the Bill & Melinda Gates Foundation, was established in 1999 to provide outstanding African American, American Indian/Alaska Native*, Asian Pacific Islander American**, and Hispanic American students with an opportunity to complete an undergraduate college education in any discipline area of interest. Continuing Gates Millennium S

What Benefits Does Gates Millennium Scholars Program Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gates Millennium Scholars Program 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Washington?

Understanding the cost of living near Washington is key to truly evaluating a salary offer or your current compensation at Gates Millennium Scholars Program.
Washington D.C.'s Cost of Living Index is approximately 148.7 (48.7% more expensive than US average). Nation's capital, very high housing costs, extensive public transit (WMATA), high overall expenses. When planning your budget based on a salary from Gates Millennium Scholars Program, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,300+ A significant portion of Gates Millennium Scholars Program salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70-200+ (WMATA SmarTrip varies by use) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,770 - $5,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gates Millennium Scholars Program

1. What is the estimated average total compensation at Gates Millennium Scholars Program?

Salary.com estimates that the average total compensation package at Gates Millennium Scholars Program, which can include base salary, potential bonuses, and benefits, is around $106,028 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Gates Millennium Scholars Program pay compared to SNRA Commodities?

The average annual salary at Gates Millennium Scholars Program is $106,028, or an hourly wage of $51, in comparison to SNRA Commodities which pays $77,844 per year or $37 per hour.

3. Do salaries differ significantly between departments at Gates Millennium Scholars Program?

Yes, salaries often differ between departments at Gates Millennium Scholars Program due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Gates Millennium Scholars Program?

Salary progression from an entry-level to a senior role at Gates Millennium Scholars Program can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Gates Millennium Scholars Program in Washington is fair given the local cost of living?

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

6. Are promotions at Gates Millennium Scholars Program usually accompanied by a significant salary increase?

Yes, promotions at Gates Millennium Scholars Program are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.