When it comes to location, the highest average paycheck (approximately $143K annually) can be spotted in San Jose, Calif.; Santa Clara, Calif. (about $115K), Albany, N.Y. ($79K), and Clifton Park, N.Y. ($77K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Saratoga, N.Y. — at around $63K, salaries are some of the lowest in the country. By state, GLOBALFOUNDRIES Inc. pays its California employees the most; the pay rate there is $130K per year.
Years of Experience
Five to nine years of work experience seem to result in median wages of around $120K annually. The largest slice of the GLOBALFOUNDRIES Inc. workforce (40 percent) has been working for one to four years and earns, on average, $71K per year.
The highest paychecks go to Semiconductor Principal Engineers, who earn an average $104K annually, closely trailed by Senior Industrial Engineers (approximately $73K), Industrial Engineers (about $72K), and Process Engineers ($71K). Earning only $65K on average, Equipment Engineers make less than most people in the company.
Certifications and Degrees
Certified Six Sigma Green Belts are compensated at a much higher rate than non-authorized workers, bringing in close to around $88K per year. The best paid folks at GLOBALFOUNDRIES Inc. have a Doctorate (PhD), earning $140K annually.
When it comes to skills, employees who report Engineering Design, Semiconductor among their abilities seem to make the most, reporting a median income of about $130K per year. One of the more prevalent skills at GLOBALFOUNDRIES Inc. is Project Management, with nearly one in five considering it a key competency. Employees also tend to know Manufacturing Process Engineering, Lean Manufacturing, and Process Improvement.
Men make up the majority of employees who took the survey in a male-to-female ratio of more than 3 to 1.
Benefits and Perks
Just one in eight workers receive paid time off. To plan for old age, a large number of workers maintain savings accounts through the company's 401(k) plan. For nearly all workers, benefits include health insurance, and almost all employees get dental coverage, too. Advantages of working here also include life insurance, 401(a), gym membership, and relocation expenses.