When it comes to location, the highest average paycheck ($98K per year) can be spotted in Austin, Texas; Clovis, N.M. (about $95K), Louisville, Ky. ($69K), and Colorado Springs, Colo. (approximately $67K) are the next top-paying cities. Statesville, N.C. ranks low on the pay scale — at $40K, it is one of the lowest-paid cities. Farm Credit workers in Massachusetts earn the most — around $80K annually on average.
Nearing the top of the pay scale are Senior Software Engineers, Portfolio Managers, Commercial Real Estate Appraisers, and Senior Credit Analysts; while the first receives the highest median pay at $108K per year, the other salaries come in at $97K, around $85K, and approximately $71K, respectively. Near the bottom at Farm Credit are Credit Analysts, pulling in an average of just about $55K.
Years of Experience
Those who have five to nine years of work experience see average salaries of $66K annually. The largest slice of the Farm Credit workforce (31 percent) has been working for one to four years and earns, on average, $49K per year.
Certifications and Degrees
Monetary compensation comes to around $92K annually for Microsoft Certified Systems Administrators, far surpassing the earnings of non-credentialed workers. Farm Credit workers who hold a Master of Business Administration (MBA), Business Administration are also well compensated, earning approximately $114K on average.
When it comes to skills, SQL seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $80K per year. Financial Analysis is a popular skill among Farm Credit workers, with close to two-fifths of those surveyed reporting using it on the job. Loan Underwriting, Customer Relationship Management, and Commercial Loans were also reported by many survey participants.
Benefits and Perks
A lucky few (one in four workers) are fortunate enough to be compensated for both vacation and sick time. A 401(k) program is available, and a solid majority of respondents use it to save for retirement. Perks cover health insurance for almost all respondents and dental coverage for a large number of workers. Employees can also look forward to a company cell phone, a casual working environment, life insurance, and tuition reimbursement.