When it comes to location, the highest average paycheck (about $150K per year) can be spotted in Colorado Springs, Colo.; San Jose, Calif. (around $108K), Greensboro, N.C. ($103K), and Boston, Mass. ($95K) are the next top-paying cities. On the lower end is Chelmsford, Mass. at $65K. Pay rates in the United States are highest in the state of Colorado, where they average to approximately $148K annually.
Electrical Engineers rake in the most money, with average earnings of $148K per year; Analog and Mixed Signal Design Engineers come in second with average earnings amounting to $100K, while Applications Engineers and Analog Integrated Circuit Engineers rank near the top as well (about $89K and approximately $88K, respectively). Systems Engineers are among the lowest paid at a median salary of $64K.
Years of Experience
Those who have five to nine years of work experience see average salaries of around $89K annually. The greater proportion of employees (33 percent) report one to four years of experience and bring home median pay of about $81K per year.
Certifications and Degrees
Analog Devices Inc provides the highest financial reward to those with a Doctor of Philosophy (PhD) — these employees rake in $125K annually.
The highest-paying skill to have may be Simulation Program with Integrated Circuits Emphasis; employees who claim proficiency also report a higher average salary of $92K per year. Test Engineering is a popular skill among Analog Devices Inc workers, with just under a fourth of those surveyed reporting using it on the job. Other skills in demand are Engineering Design, Product Development, and Project Management.
Analog Devices Inc's employees who answered the questionnaire are largely male (the male-to-female ratio is more than 3 to 1).
Benefits and Perks
Paid time off is in short supply here, with only two in five respondents receiving paid vacation and a quarter of survey participants receiving paid sick days. For employees looking to save up for their golden years, Analog Devices Inc provides an optional 401(k) plan, and a large number of survey participants participate. Health insurance comes as part of the deal for nearly all survey participants, and most survey participants report receiving dental coverage as well. Employees can also look forward to a casual working environment, life insurance, tuition reimbursement, and flexible hours.