The highest paychecks go to Engineering Program Managers, who earn an average $132K per year, closely trailed by Member of Technical Staff, Applied Researchers ($123K), Research Engineers (about $108K), and Semiconductor Principal Engineers (around $99K). Process Engineers are among the lowest paid at a median salary of approximately $71K.
When it comes to location, the highest average paycheck ($124K annually) can be spotted in San Jose, Calif.; Santa Clara, Calif. (about $111K), Burlington, Vt. (around $97K), and Ballston Spa, N.Y. (approximately $95K) are the next top-paying cities. Clifton Park, N.Y. is one of the lowest-paid cities, with earnings averaging $69K. Pay rates in the United States are highest in the state of California, where they average to $120K per year.
Years of Experience
For those with five to nine years of experience, average earnings amount to $105K annually. When we consider tenure, a substantial portion of employees (34 percent) have been working for one to four years and make around $73K per year on average.
Certifications and Degrees
Salaries approach $105K annually for Certified Six Sigma Black Belts; non-accredited workers make much less. Earning a Project Management Professional certification garners significant financial rewards of approximately $103K per year on average. Those with a Doctor of Philosophy (PhD) at GLOBALFOUNDRIES Inc. come out on top, and their salaries approach $113K annually.
When it comes to skills, Engineering Design, Semiconductor seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $120K per year. Data Analysis is regularly seen around here; close to a fifth of those surveyed report it as a core competency. Employees also tend to know Manufacturing Process Engineering, Project Management, and Process Improvement.
The number of male employees who participated in the survey outweighs the number of women; the male-to-female ratio is more than 3 to 1.
Benefits and Perks
The company does pay out vacation and sick days, but these benefits are received by only 19 percent. Nearly all workers take advantage of the 401(k) plan that GLOBALFOUNDRIES Inc. sponsors. Perks cover health insurance for the vast majority of workers and dental coverage for most survey participants. Some other advantages of working at GLOBALFOUNDRIES Inc. are a casual working environment, gym membership, a company cell phone, and life insurance.