Senior Electrical Engineers are awarded the highest paychecks, with compensation nearing $100K annually on average; Senior Financial Analysts are next on the list, bringing in close to $91K, followed by Chemical Engineers earning $74K and Supply Chain Planners making about $60K.
Years of Experience
For those with one to four years of experience, median paychecks reach around $59K per year. Respondents who have been working for five to nine years make approximately $83K annually on average. When we consider tenure, a substantial portion of employees (33 percent) have been working for 10-19 years and make $89K per year on average.
Residents of Grand Rapids, Mich. pick up paychecks that are higher than any other city — the median salary is approximately $82K annually; other top-paying cities include Buena Park, Calif. ($76K) and Ada, Mich. (about $63K). Across its U.S. offices, the state of Michigan pays Amway Corporation the most — $80K per year on average.
Certifications and Degrees
Monetary compensation comes to around $83K annually for Engineer in Trainings, far surpassing the earnings of non-credentialed workers. Amway Corporation compensates Doctor of Philosophy (PhD)-holders the most at about $100K per year.
The highest-paying skill to have may be Engineering Design; employees who claim proficiency also report a higher average salary of $98K annually. A garden variety skill at Amway Corporation is Process Improvement; slightly less than a third of Amway Corporation's people use it regularly. Many workers are also familiar with Microsoft Office, Data Analysis, and Project Management.
Benefits and Perks
Almost all survey participants participate in the company's 401(k) retirement savings plan. Health insurance is part of the package for a large number of employees, and for most employees, dental coverage is too. Some other perks are tuition reimbursement, gym membership, a subsidized cell phone, a casual working environment, and life insurance.