Edward J. Merritt
2020
Compensation breakdown
| Bonus | $62,803 |
|---|---|
| Salary | $285,469 |
| Other | $26,057 |
| Total | $374,329 |
Merritt received $285.5K in salary, accounting for 76% of the total pay in 2020.
Merritt also received $62.8K in bonus and $26.1K in other compensation.
Rankings
In 2020, Edward J. Merritt's compensation ranked 11,712th out of 13,090 executives tracked by ExecPay. In other words, Merritt earned more than 10.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11,712 out of 13,090 | 11th |
Division Finance, Insurance, And Real Estate | 2,239 out of 2,550 | 12th |
Major group Depository Institutions | 925 out of 1,117 | 17th |
Industry group Commercial Banks | 789 out of 897 | 12th |
Industry National Commercial Banks | 282 out of 317 | 11th |
Pay ratio
| Edward J. Merritt's Pay | $374,329 |
|---|---|
| Median Employee's Pay | $69,066 |
| Pay Ratio | 5to 1 |
In 2020, the annual total compensation of Edward J. Merritt was $374,329.
The annual total compensation of the median employee at Meridian Bancorp was $69,066.
The ratio of Edward J. Merritt's pay to the pay of median employee was therefore 5 to one.
Merritt's colleagues
We found five more compensation records of executives who worked with Edward J. Merritt at Meridian Bancorp in 2020.
2020
Richard Gavegnano
Meridian Bancorp
Chief Executive Officer
2020
John Migliozzi
Meridian Bancorp
Executive Vice President, Real Estate Lending
2020
Frank Romano
Meridian Bancorp
Executive Vice President, Corporate Banking
2020
Kenneth Fisher
Meridian Bancorp
Chief Financial Officer
2020
Mark Abbate
Meridian Bancorp