Associate H-1B salary at Merrill Lynch — 185 certified filings (FY2016–FY2019)
- 58
- Filings · FY2019
- $150k
- Median base · FY2019
- $150k–$150k
- Middle 50% · FY2019
- +24%
- vs market median · all years
Merrill Lynch filed 58 certified H-1B LCAs for Associate in FY2019 (up 38% from the year before), with a median base salary of $150k and the middle 50% of offers between $150k and $150k. Across all years its $150k median is 24% above the $121k market median for Associate. It has filed 185 Associate LCAs since FY2016, most often in New York, NY.
How much does Merrill Lynch pay a Associate?
Certified base salary for Associate at Merrill Lynch by fiscal year: each box is the p25–p75 range, the heavy line the median, the whiskers reach p10–p90. $150k median in FY2019. Base pay only — hover a year for its figures.
Does Merrill Lynch pay Associates above the market?
Merrill Lynch's all-years median against every employer's certified Associate LCAs — 24% above the market. Same cleaned DOL title, same base-salary definition, so the two rows compare like for like.
| Base salary for this title | Filings | Median |
|---|---|---|
| Merrill Lynch | 185 | $150k |
| All employers · Associate | 27,581 | $121k |
How has Merrill Lynch's Associate hiring changed by year?
35 certified Associate filings in FY2016 → 58 in FY2019. The change column is each year against the one before.
| Fiscal year | Filings | vs prior FY | Median base |
|---|---|---|---|
| FY2019 | 58 | +38% | $150k |
| FY2018 | 42 | −16% | $140k |
| FY2017 | 50 | +43% | $140k |
| FY2016 | 35 | — | $115k |
Which wage levels does Merrill Lynch file for Associate?
DOL prevailing-wage levels I–IV approximate experience tiers (I = entry, IV = fully competent). 4% of Merrill Lynch's Associate filings sit at Level III–IV. Higher levels earn more entries in the wage-weighted H-1B lottery.
Share of 145 Associate filings with a wage level · all years
- Level I31.7%46
- Level II64.1%93
- Level III2.1%3
- Level IV2.1%3
Where does Merrill Lynch hire H-1B Associates?
Worksite states and cities on the certified filings for this title, all years, with the median base salary at each.
| State | Filings | Median base |
|---|---|---|
| New York | 143 | $150k |
| California | 30 | $125k |
| Illinois | 4 | $125k |
| North Carolina | 4 | $125k |
| Texas | 4 | $115k |
| City | Filings | Median base |
|---|---|---|
| New York, NY | 143 | $150k |
| Palo Alto, CA | 25 | $125k |
| Charlotte, NC | 4 | $125k |
| Chicago, IL | 4 | $125k |
| Houston, TX | 4 | $115k |
| San Francisco, CA | 4 | $115k |
| Los Angeles, CA | 1 | $150k |
Also filed as
Merrill Lynch's other sponsored titles, and the employers that file the most Associate LCAs. All years.
Other titles at Merrill Lynch
| Job title | Filings | Median base |
|---|---|---|
| Analyst | 115 | $85k |
| Vice President; Feature Lead - Technology | 40 | $148k |
Top Associate sponsors
| Employer | Filings | Median base |
|---|---|---|
| Goldman Sachs | 2,630 | $125k |
| Morgan Stanley Services Group | 2,297 | $125k |
| Blackrock Financial Management | 1,841 | $101k |
| KPMG LLP | 1,396 | $60k |
| Goldman Sachs Services | 1,283 | $120k |
| Morgan Stanley | 824 | $150k |
| Goldman Sachs Bank USA | 575 | $120k |
| JPMorgan Chase | 506 | $122k |
| Pricewaterhousecoopers Advisory Services | 480 | $95k |
| Bofa Securities | 412 | $160k |
Common questions about Associate H-1B pay at Merrill Lynch
- How much does Merrill Lynch pay a Associate on an H-1B?
- Merrill Lynch's median certified H-1B base salary for Associate is $150k in FY2019, from 58 filings; the middle 50% of offers fall between $150k and $150k. Across all years the median is $150k.
- How many Associate H-1B LCAs has Merrill Lynch filed?
- Merrill Lynch has 185 certified H-1B Labor Condition Applications for Associate on record (FY2016–FY2019), 58 of them in FY2019. That is 12% of its 1,580 certified filings across all titles.
- Does Merrill Lynch pay Associates above the market?
- Merrill Lynch's all-years median of $150k is 24% above the $121k median for Associate across all H-1B employers (27,581 certified filings).
- Where does Merrill Lynch hire H-1B Associates?
- Merrill Lynch's Associate LCAs name worksites mostly in New York, California, Illinois; the top cities are New York, NY, Palo Alto, CA, Charlotte, NC.
- Does a certified LCA mean an H-1B visa was approved?
- No. A Labor Condition Application (LCA) is the Department of Labor attestation an employer must have certified before filing an H-1B petition with USCIS. It records the job, worksite and offered wage, but not whether the petition was filed, selected in the lottery, or approved. Filing counts measure intent to sponsor, not headcount.
- What salary do these figures show?
- The base annual wage offered on the certified LCA, converted to a yearly amount. Bonus, equity, overtime and benefits are not included, so total compensation is typically higher. Figures are medians and percentiles over certified filings; wages above $5,000,000 a year are excluded as data-entry errors.
- What do prevailing-wage levels I–IV mean?
- The Department of Labor assigns each LCA an OES wage level from I (entry) to IV (fully competent) for the occupation and area. Under the FY2027 wage-weighted H-1B lottery rule, a higher level earns more selection entries, so an employer's level mix is a proxy for how senior its sponsored roles are.
Keep exploring
Calculate your H-1B lottery odds →orCheck out the insights →
Source: U.S. Department of Labor, Office of Foreign Labor Certification — certified LCA disclosure data through June 2026 (FY2016–FY2019). An LCA is not an approved visa; pay figures are base salary and exclude bonus and equity. Methodology →