T. Rowe Price Salaries

4 total salary submissions
Avg. Hours Worked (80%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

49.8
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (92%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.1
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average T. Rowe Price Salary

3.7
Total Median Pay
$66,000
Median Base Pay
$66,000
Median Bonus Pay
$0

How much does T. Rowe Price pay?

Base range:
$10,000 - $139,200

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

T. Rowe Price pays an average salary of $66,000 per year. This base compensation is the equivalent of $33 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at T. Rowe Price based on our data is actually 50 hours, which would bring down the true effective hourly rate to $28 on average. If you include the average bonus of $0, then the total average pay at T. Rowe Price would be $66,000 per year or $28 per hour at the 50 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. T. Rowe Price pays the highest-paid employees over $165,000 a year, while the lowest-paid employees are paid less than $55,000. T. Rowe Price employees in different groups or divisions tend to have different salaries as well.For example, employees in the Fixed Income sector earn an average yearly salary of $122,000.While employees in the Equity Research sector earn an average yearly salary of $90,000.

T. Rowe Price Salaries

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Highest Paying Jobs at T. Rowe Price

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Vice President
Year 2019
Job Title Vice President
Group/Division Investment Management
Location Tokyo
Pay Rate/Type
Bonus
1st Year Analyst
Year 2021
Job Title 1st Year Analyst
Group/Division Investment Management
Location Baltimore
Pay Rate/Type
Bonus
3rd+ Year Associate
Year 2019
Job Title 3rd+ Year Associate
Group/Division Investments
Location Baltimore
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2022
Job Title 3rd+ Year Analyst
Group/Division Investment Research
Location Baltimore
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2012
Job Title 3rd+ Year Analyst
Group/Division Investments-Equities
Location Baltimore
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2021
Job Title 3rd+ Year Analyst
Group/Division Generalist
Location Baltimore
Pay Rate/Type
Bonus
Vice President
Year 2021
Job Title Vice President
Group/Division Asset Management
Location New York
Pay Rate/Type
Bonus
Investment Analyst
Year 2014
Job Title Investment Analyst
Group/Division Fixed Income
Location Baltimore
Pay Rate/Type
Bonus
Investment Analyst
Year 2014
Job Title Investment Analyst
Group/Division Fixed Income
Location Baltimore
Pay Rate/Type
Bonus
3rd+ Year Associate
Year 2016
Job Title 3rd+ Year Associate
Group/Division Generalist
Location Baltimore
Pay Rate/Type
Bonus

Average Pay by City for T. Rowe Price

Below we use 4 salary submissions to order the is the total average compensation by city for T. Rowe Price. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is Baltimore, where employees earn an average salary of $100,000.

Salaries by Location at T. Rowe Price

Rank
City
Total pay Range
Range of $/hr
Baltimore
Rank 1
City Baltimore
Total pay Range $55,000 - $122,000
Range of $/hr $28/hr - $61/hr

T. Rowe Price Salaries by Department

Salaries at T. Rowe Price depend on the group, division, department or function. Employees who work in the Fixed Income group tend to get paid the most at at T. Rowe Price, earning an average yearly salary of $122,000. Employees in the Generalist receive relatively high salaries as well, where wages average $120,000 per year. A division that does not pay as well at T. Rowe Price includes the Equity Research group, with employees earning $90,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Fixed Income
Rank 1
Department Fixed Income
Average Pay $122,000
Average Hourly Pay $61/hr
Generalist
Rank 2
Department Generalist
Average Pay $120,000
Average Hourly Pay $60/hr
Equity Research
Rank 3
Department Equity Research
Average Pay $90,000
Average Hourly Pay $45/hr

Recently Added T. Rowe Price Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2022
Job Title 3rd+ Year Analyst
Group/Division Investment Research
Location Baltimore
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2019
Job Title 3rd+ Year Analyst
Group/Division Equity Capital Markets
Location Baltimore
Pay Rate/Type
Bonus
3rd+ Year Analyst
Year 2021
Job Title 3rd+ Year Analyst
Group/Division Generalist
Location Baltimore
Pay Rate/Type
Bonus
Intern
Year 2022
Job Title Intern
Group/Division Financial Planning and Analysis
Location Baltimore
Pay Rate/Type
Bonus
Intern
Year 2022
Job Title Intern
Group/Division Equity Research
Location Baltimore
Pay Rate/Type
Bonus