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Bank of America Software Engineer Salaries

Software Engineer compensation in United States at Bank of America ranges from $103K per year for Band 6 to $141K per year for Band 3. The median compensation in United States package totals $115K. View the base salary, stock, and bonus breakdowns for Bank of America's total compensation packages. Last updated: 11/14/2024

Average Compensation By Level
Add CompCompare Levels
Level Name
Total
Base
Stock (/yr)
Bonus
Software Engineer 1
Band 6(Entry Level)
$103K
$99K
$440
$3.3K
Software Engineer 2
Band 5
$132K
$127K
$2K
$2.7K
Software Engineer 3
Band 5
$163K
$155K
$3.4K
$4.4K
Feature Lead
Band 5
$153K
$145K
$4.6K
$3.1K
View 3 More Levels

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Internship Salaries

Vesting Schedule

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
RSU

At Bank of America, RSUs are subject to a 4-year vesting schedule:

  • 25% vests in the 1st-year (25.00% annually)

  • 25% vests in the 2nd-year (25.00% annually)

  • 25% vests in the 3rd-year (25.00% annually)

  • 25% vests in the 4th-year (25.00% annually)



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FAQ

The highest paying salary package reported for a Software Engineer at Bank of America in United States sits at a yearly total compensation of $206,000. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at Bank of America for the Software Engineer role in United States is $115,000.

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