Bringing in the most money are Design Engineering Managers — their earnings average approximately $106K per year. Product Managers are a close second at $100K along with Finance Managers ($99K) and Control Systems Engineers ($84K). Financial compensation for Financial Analysts is rather low — on average only around $51K — relative to the rest of the company.
Years of Experience
Those who have five to nine years of work experience see average salaries of about $77K annually. The greater proportion of employees (36 percent) report one to four years of experience and bring home median pay of $64K per year.
When it comes to location, the highest average paycheck ($101K annually) can be spotted in Minneapolis, Minn.; Mckinney, Texas (around $99K), Austin, Texas (about $93K), and Pittsburgh, Pa. (approximately $80K) are the next top-paying cities. High paychecks are not found in Marshalltown, Iowa; in fact, at $66K it is one of the worst-paid cities. Pay rates in the United States are highest in the state of Minnesota, where they average to $91K per year.
Certifications and Degrees
Project Management Professionals earn around $121K annually, far more than their non-accredited counterparts. Earning a Certified Professional Engineer certification garners significant financial rewards of $103K per year on average. Regarding salaries and education, Emerson Process Management pays those with a Master of Business Administration (MBA), General Business the most — about $102K.
The best-paying skill to have in this role appears to be Product Development; employees who claim this ability report median compensation of approximately $102K annually. Project Management is a popular skill in the Emerson Process Management workforce; nearly one-sixth of those surveyed report putting it to use in their jobs. Some other standard skills here are Microsoft Office, Engineering Design, and Financial Analysis.
Benefits and Perks
Two in five survey participants receive paid vacation, and only one in four employees get sick leave. A strong majority of workers contribute to 401(k) savings accounts sponsored by the firm. Nearly all respondents can count on health insurance, and most survey participants have dental coverage as a benefit. Additional benefits of working here are tuition reimbursement, life insurance, a company cell phone, and gym membership.