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June 23rd, 2016, 08:39 AM
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Join Date: Mar 2012
Re: Bank of America Salary

The Bank of America (USA) works in India through a few of its branches and has its workplaces in Chennai, New Delhi, Bengaluru and so on. The all around characterized pay bundles at Bank of America shift with the livelihood status, work class, work experience, normal expenses of living in various urban communities.

Bank of America Salary by Job
Job Category Annual Average Salaries
Senior Systems Analyst

INR 511 558 – INR 1688 216
Senior Technical Associate
INR 275 000 – INR 700 000 with an annual average of INR 482 000
Software Test Lead
INR 275 000 – INR 700 000 with an annual average of INR 482 000
Manager
INR 800 000 – INR 1 600 000 with an annual average of INR 1 170 000
SAS Programmer
INR 252 668 – INR 721 292
Senior Software Engineer
INR 450 000 – INR 950 000 with an annual average of INR 724 400
Six Sigma Black Belt Project Manager
INR 640 588 – INR 1 922 899
Vice President
INR 1416 591 – INR 7942 078
Senior Financial Analyst
INR 250 000 – INR 1 100 000 with an annual average of INR 766 667
Financial Analyst
INR 760 000 – INR 836 000
Senior Tax Manager
INR 833 342 – INR 5 550 639
Senior Associate
INR 284 000 – INR 404 000 with an annual average of INR 329 333
Senior Database Administrator
INR 704 401 – INR 2 186 974
Programmer Analyst
INR 930 000 – INR 1000 000 with an annual average of INR 955 000
Team Lead
INR 380 000 – INR 576 000 with an annual average of INR 489 000
Credit Analyst
INR 667 000 – INR 887 000 with an annual average of INR 777 034

Bank of America Salary by Experience

As an employee gradually climbs up the hierarchy of experience, he is rewarded with due pay hikes at critical junctures of his career at the concern:

Experience
Annual Average Salaries
Less than 1 year
INR 182 682
1-4 years
INR 361 549
5-9 years
INR 760 309
10-19 years
INR 1 628 594
20 years or more
INR 3 945 330

Bank of America Salary by Cities

As already mentioned, the different costs of living in different cities affect the pay packets partially:

City
Annual Average Salaries
Mumbai Maharashtra
INR 706 822
New Delhi
INR 416 438
Hyderabad Andhra Pradesh
INR 594 269
Chennai Tamil Nadu
INR 803 881

Bank of America Salary by Degree or Certification
Degree or certification
Annual average salaries
MBA or Master of Business Administration
INR 204 234 – INR 1 951 569
PMP or Project Management Professional
INR 1 265 856
MCA or Master of Computer Applications Development
INR 576 201 – INR 1 087 343
Chartered Accountant or CA
INR 1 734 764
Master of Business Administration Finance
INR 124 553 – INR 2 224 249
Oracle Certified Professional (OCP) DBA
INR 941 711
Cisco Certified Network Associate
INR 493 996

Bank of America Salary by Skills
Skills
Annual average salaries
C#
INR 749 833
SQL
INR 697 906
UNIX
INR 713 529
Microsoft Excel
INR 525 290
Oracle
INR 911 582
Microsoft SQL Server
INR 746 063
Java
INR 822 179

Perks and Benefits in Bank of America

The inclusive package of perks and benefits for the Bank of America employees in India includes the following:
Life Insurance/Disability
Paid Holidays
Paid sick leave
Relocation expenses
Education or certification reimbursement


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