Merrill Lynch is one of the world's premier providers of wealth management, securities trading and sales, corporate finance and investment read more
Merrill Lynch Company Culture
Merrill Lynch Culture
This score is derived from employee ratings & reviews4.3/5
Merrill Lynch's Overall Culture is rated A-
Top Rated Culture Dimensions
Meetings
A-Perks & Benefits
A-Team
A-Environment
B+Happiness
B+Merrill Lynch CEO
Top 25%Top 25% of Similar Size Companies on Comparably
John Alexander Thain
74 /100
See More
Diversity at Merrill Lynch
Top 40%Top 40% of Similar Size Companies on Comparably
B-
Diverse employees at Merrill Lynch have rated Outlook, Happiness, and Compensation as the highest categories they have scored
Women at Merrill Lynch
Top 40%Top 40% of Similar Size Companies on Comparably
B-
Women at Merrill Lynch have rated Perks And Benefits, Happiness, and Compensation as the highest categories they have scored
Merrill Lynch eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 30%Top 30% of Similar Size Companies on Comparably
Recommend to a Friend?
16
Merrill Lynch employees are 16% more likely to recommend Merrill Lynch as a great place to work
| 48% | Promoters |
|---|---|
| 20% | Passives |
| 32% | Detractors |
Working at Merrill Lynch
Working at Merrill Lynch is rated highly by 205 employees, across various culture dimensions. Merrill Lynch employees are most satisfied about Meetings, Perks And Benefits, and Team categories, putting Merrill Lynch’s culture in the Top 15% compared to similar sized companies on Comparably and in the Top 30% compared to other companies in New York. See below in detail how working at Merrill Lynch was rated by employees.
Overall Company Culture at Merrill Lynch
A-
Overall Company Culture at Merrill Lynch is rated A-
Last updated 5 days ago
Top
15%
Merrill Lynch ranks in the Top 15% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Merrill Lynch Employee Reviews
Out of 214 Merrill Lynch employee reviews, 57% were positive. The remaining 43% were constructive reviews with the goal of helping Merrill Lynch improve their work culture.
| Positive Reviews | 57% |
|---|---|
| Constructive Feedback | 43% |
Positive Reviews From Merrill Lynch Employees
- What do you like best about the leadership team?Rate your experience in five words
- What makes you most happy at work?my co-workers and the fulfilling work
- What is the best part about your compensation package?The benefits are amazing and the stock options are helping settle into a comfortable retierment
Constructive Feedback From Merrill Lynch Employees
- What does the leadership team need to get better at?They need to gave more training
- What's going wrong and how can it be improved?Mabagement is weak and needs to be removed
- Why do you feel undervalued and what would make you feel better about your compensation?Higher pay rate, less people involved in process
Merrill Lynch Company Information
Merrill Lynch Company Overview
Merrill Lynch is one of the world's premier providers of wealth management, securities trading and sales, corporate finance and investment
Merrill Lynch Mission, Vision & Values
Merrill Lynch Mission Statement
Drawing from award-winning1 research, your advisor will work with our investment professionals to provide you with strategies based on your unique needs.
Merrill Lynch Values
- Client Focus
- Trusting and Teamwork
- Respect for the Individual
- Inclusive Meritocracy
- Teamwork
- Winning
- Responsible Citizenship
- Leadership
- Integrity
- Doing the Right Thing
| Headquarter | New York City, NY 10080 United States of America |
|---|---|
| Website | www.ml.com |
| Founding Date | 1914 |
| Company Status | Private |
Merrill Lynch Competitors
Merrill Lynch competitors include Goldman Sachs, South State Corporation, UBS, and Morgan Stanley. Merrill Lynch ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how Merrill Lynch compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Merrill Lynch Employees
205 employees at Merrill Lynch have reviewed Merrill Lynch across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 5 days ago.
Overall, the 205 Merrill Lynch employees give their leadership a grade of B, or Top 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Merrill Lynch are generally satisfied with their total compensation at Merrill Lynch, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Merrill Lynch are pleased with their team. 205 Participants grade the quality of their coworkers an A-. The majority believe the meetings at Merrill Lynch are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Merrill Lynch believe the environment at Merrill Lynch is positive. Most Participants believe the pace of work at Merrill Lynch is comfortably fast. About 54% of the employees at Merrill Lynch work 8 hours or less, while 7% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Merrill Lynch are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Merrill Lynch employees generally work 9.3 hrs a day
Work Hours
A Day in the Life
Employees at Merrill Lynch report the work pace is comfortably fast
Work Pace
A Day in the Life
82% of Merrill Lynch employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Merrill Lynch employees typically get valuable feedback on how to improve at work Once a month
Feedback
A Day in the Life
79% of Merrill Lynch employees call their work environment positive
Environment
Joining Merrill Lynch - Employee Onboarding
The prevailing opinion from employees about joining Merrill Lynch is that the company was prepared on their first day. Merrill Lynch employees concluded that their overall onboarding experience was negative. 67% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Merrill Lynch KPIs and OKRs
Employees’ understanding of Merrill Lynch's KPIs and OKRs is essential for its success. Out of 9 Merrill Lynch employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 7 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Merrill Lynch CEO & Leadership
Merrill Lynch CEO - John Alexander Thain
74 /100
John’s approval rate is in the Top 25% of all CEOs of similar-sized companies on Comparably, and in the Top 25% compared to the CEOs of all other companies in New York. Merrill Lynch’s CEO is highly regarded especially by employees in the Business Development department, African American/Black employees, and employees with 1 to 3 Years experience. However, employees with the company for 1 to 2 Years, Female employees, and employees with the company for Over 10 Years have a less favorable view of the CEO and believe there is room for improvement. Compared to Merrill Lynch’s competitors, John Alexander Thain ranks right above Goldman Sachs CEO David M. Solomon. Under Alexander Thain’s leadership, Merrill Lynch employee respondents are most happy about their Meetings and the company’s Perks And Benefits. Professional Development and Gender are two areas, according to respondents, where Merrill Lynch could stand to see real improvement.
Merrill Lynch Leadership
The Merrill Lynch Executive Team is rated a “B” and led by CEO John Alexander Thain, Director, COO Securities Core Trading Operations / Head of GBAM Operations Global Robotics Strategy Janelle Curtis, and Prime Brokerage - COO / Strategic Initiatives; KYC/AML Benjamin Pinkhasik
John Alexander Thain CEO / President
John Alexander Thain serves as the CEO / President of Merrill Lynch.
Janelle Curtis Director, COO Securities Core Trading Operations / Head of GBAM Operations Global Robotics Strategy
Janelle Curtis serves as the Director, COO Securities Core Trading Operations / Head of GBAM Operations Global Robotics... read more
Benjamin Pinkhasik Prime Brokerage - COO / Strategic Initiatives; KYC/AML
Benjamin Pinkhasik serves as the Prime Brokerage - COO / Strategic Initiatives; KYC/AML for Bank of America Merrill... read more
Shannon Jurecka SVP, Human Resources Executive - West Region Site Operations
Shannon Jurecka serves as the SVP, Human Resources Executive - West Region Site Operations for Bank of America Merrill... read more
Vinicius Costa SVP Wealth Solutions Architecture and Digital Transformation Executive
Vinicius Costa serves as the SVP Wealth Solutions Architecture and Digital Transformation Executive for Bank of America... read more
Ratnakar Madduri SVP; Business Technology Executive, Global Banking Client & Regulatory Technology
Ratnakar Madduri serves as the SVP; Business Technology Executive, Global Banking Client & Regulatory Technology for... read more
Mark Aklian SVP - Senior Information Security Risk Officer, Global Banking and Markets
Mark Aklian serves as the SVP - Senior Information Security Risk Officer, Global Banking and Markets for Bank of America... read more
Jason Keane SVP - Americas Storage Operations Lead
Jason Keane serves as the SVP - Americas Storage Operations Lead for Bank of America Merrill Lynch. Jason started at... read more
Tony Hitchman SVP, Head of Global Wealth & Investment Management Marketing
Tony Hitchman serves as the SVP, Head of Global Wealth & Investment Management Marketing for Bank of America Merrill... read more
Merrill Lynch Salaries
How much does Merrill Lynch pay?
How much do people at Merrill Lynch get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Merrill Lynch is $124,160, or $59 per hour, while the estimated median salary is $120,484, or $57 per hour.
At Merrill Lynch, the highest paid job is a Director of Sales at $238,048 annually and the lowest is a Business Analyst at $47,100 annually. Average Merrill Lynch salaries by department include: Customer Support at $126,991, Sales at $169,953, HR at $123,213, and Business Development at $157,582. Half of Merrill Lynch salaries are above $120,484.
82 employees at Merrill Lynch rank their Compensation in the Top 25% of similar sized companies in the US (based on 251 ratings) while 80 employees at Merrill Lynch rank their Perks And Benefits in the Top 15% of similar sized companies in the US (based on 83 ratings).
Salaries contributed from Merrill Lynch employees include job titles like Senior Developer, Developer, Sales Engineer, and Business Analyst. Comparably data has a total of 15 salary records from Merrill Lynch employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $71k | $71k | 1st Percentile |
17th Percentile $95k | $95k | 17th Percentile |
33rd Percentile $120k | $120k | 33rd Percentile |
50th Percentile $169k | $169k | 50th Percentile |
67th Percentile $221k | $221k | 67th Percentile |
83rd Percentile $269k | $269k | 83rd Percentile |
100th Percentile $273k | $273k | 100th Percentile |
$124,160*
Average Compensation
$120,484*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Merrill Lynch Salaries by City
Merrill Lynch Salaries by Department
Diversity & Inclusion at Merrill Lynch
Diverse employees at Merrill Lynch score the company 68/100 across various culture categories, placing Merrill Lynch in the Top 40% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Merrill Lynch across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Merrill Lynch Perks & Benefits
Health & Wellness
- Dental Insurance
- Health Insurance
Merrill Lynch PTO
Merrill Lynch's PTO and Vacation policy typically gives unlimited days off a year with 75% of employees expected to be work free while out of office. Merrill Lynch's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Merrill Lynch Careers
Merrill Lynch Jobs
No Recent Jobs found for Merrill Lynch on Comparably
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H1B Visa
In 2019, Merrill Lynch applied for 275 H1B visas. Of the work permits applied for, 84% were approved.
An in-depth look at ‘Certified-withdrawn’ H1B applications at Merrill Lynch unveil that one approved work permit application was withdrawn before the employee’s start date, and 43 were withdrawn by Merrill Lynch after the employee’s start date.
Work Permit Application Outcome
275
Total Applied
H1B Applications Outcome
- 84% Granted (231 out of 275)
- 0% Denied ( out of 275)
- <1% Withdrawn Application was withdrawn by the employer before approval/rejection (1 out of 275)
- 16% Certified-Withdrawn Application was approved but later withdrawn by employer (43 out of 275)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Merrill Lynch Know You Want To Work There
Overview of Candidates Interested in Merrill Lynch on Comparably
Candidates By Department
All Industries | 60% | |
|---|---|---|
Finance | 20% | |
IT | 20% |
Candidates By Location
New York City | 80% | |
|---|---|---|
Florence | 20% |
Frequently Asked Questions regarding Merrill Lynch
Who is the CEO of Merrill Lynch?
Merrill Lynch CEO is John Alexander Thain, their score by employees is 74
What is Merrill Lynch eNPS?
The eNPS for Merrill Lynch is 16
What is the salary for Customer Service Manager in Merrill Lynch?
Customer Service Manager average salary in the US is 72k
What are the salaries in the Admin in Merrill Lynch?
The average salaries for Admin in Merrill Lynch is 63k
Who are Merrill Lynch competitors?
Merrill Lynch main competitors are Goldman Sachs, South State Corporation, UBS, Morgan Stanley
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