Years of Experience
For those with five to nine years of experience, average earnings amount to about $85K annually. Between the one and five year mark, median pay is $61K per year. When we consider tenure, a substantial portion of employees (32 percent) have been working for 20 years or more and make $99K annually on average.
Principal Mechanical Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $91K per year — though Chief Strategists, Network Engineers, and Nuclear Engineers also do fairly well at approximately $88K, around $74K, and $73K, respectively. DTE Energy Co hands out some of the smallest paychecks to Electrical Engineers (about $58K on average).
Residents of the company's headquarter city of Detroit, Mich. pick up paychecks that are higher than any other city — the median salary is around $85K annually; other top-paying cities include Monroe, Mich. ($83K) and Ann Arbor, Mich. (approximately $64K).
Certifications and Degrees
Project Management Professionals receive bigger paychecks ($120K per year) than those without credentials. Becoming a Certified Professional Engineer can certainly pay off here; those folks make approximately $86K on average. Those with a Bachelor of Science in Mechanical Engineering (ME) at DTE Energy Co come out on top, and their salaries approach around $99K annually.
When it comes to skills, Operations Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $122K per year. A common skill in DTE Energy Co's work force is Project Management; about a fourth of survey participants report using it on the job. Other skills in demand are Microsoft Excel, Microsoft Office, and Forecasting.
Benefits and Perks
Paid time off is in short supply here, with only two-fifths of survey participants receiving paid vacation and 29 percent receiving paid sick days. A large number of survey participants report contributing to a 401(k). Perks cover health insurance for a large number of employees and dental coverage for most workers. Perks also include life insurance, a subsidized cell phone, tuition reimbursement, and flexible hours.