When it comes to location, the highest average paycheck ($100K annually) can be spotted in Redmond, Wash.; Hartford, Conn. (around $94K), Richmond, Va. ($93K), and Knoxville, Tenn. (about $85K) are the next top-paying cities. High paychecks are not found in Wellsville, N.Y.; in fact, at $49K it is one of the worst-paid cities. The highest pay by state can be found in Pennsylvania, where salaries average out at approximately $105K per year.
Bringing in the most money are Senior Mechanical Engineers — their earnings average $103K annually. Structural Engineers are a close second at $69K along with Mechanical Design Engineers (approximately $68K) and Mechanical Engineers ($66K). Buyers make an average around $54K, close to the bottom of the company pay scale.
Years of Experience
Those with one to four years of experience at the company can expect to make about $64K per year on average. The greater proportion of employees (32 percent) report five to nine years of experience and bring home median pay of approximately $73K annually.
Certifications and Degrees
Professional Engineer License Holders have significantly higher pay than non-accredited workers at around $100K per year. Earning a Project Management Professional certification garners significant financial rewards of $98K annually on average. Those with a Bachelor of Science in Civil Engineering (CE) at ALSTOM Power, Inc come out on top, and their salaries approach about $96K per year.
In this position, it pays to have Microsoft Word in your toolkit; employees who claim proficiency enjoy a higher median salary of $122K annually. Microsoft Office is a popular skill among ALSTOM Power, Inc workers, with nearly one in four of those surveyed reporting using it on the job. Employees also tend to know Engineering Design, AutoCAD, and Microsoft Excel.
Employees who completed the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.
Benefits and Perks
42 percent receive paid vacation, and only 18 percent get sick leave. A 401(k) program is available, and most respondents use it to save for retirement. Health insurance is part of the package for a large number of workers, and for a fair number of workers, dental coverage is too. The company also dishes out perks such as tuition reimbursement, a casual working environment, life insurance, and a subsidized cell phone.