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Average Salary for General Electric Co (GE) Employees

General Electric Co (GE) is a electrical and electronic equipment firm headquartered in Fairfield, Conn. that hires for Mechanical Engineer positions, Design Engineer roles, and more. The average employee at General Electric Co (GE) takes home $88K per year. Your experience level plays the largest role in compensation at General Electric Co (GE), but your job title and where you live affect income (to a lesser degree) as well. The data in this summary comes from the PayScale salary survey.

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How This Employer Pays

General Electric Co (GE) typically pays:
5%
above market
Similar employers pay:
7%
above market
Employer: General Electric Co (GE)
Average Salary Range by Job

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About This Company

3135 Easton Turnpike
Fairfield, Connecticut 06828

1892

Electrical and electronic equipment, Motion Picture and Video Production, Medical, Dental, and Hospital Equipment and Supplies, Aircraft Engine and Engine Parts Manufacturing, Electric Lamp Bulb and Part Manufacturing, Household Audio and Video Equipment, Household Appliances, Aircraft Engines and Engine Parts, Electric Housewares and Fans, Personal Credit Institutions

327,000

General Electric Co


Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Between the one and five year mark, median pay is $69K annually. Those who have five to nine years of work experience see average salaries of approximately $85K per year. Broken down by tenure, the largest share of General Electric Co (GE) employees (32 percent) have 10-19 years of experience and earn around $103K annually on average.

Jobs

Bringing in the most money are Lead Software Engineers — their earnings average about $107K per year. Senior Mechanical Engineers are a close second at $100K along with Software Engineers ($76K) and Mechanical Engineers ($75K). Earning only approximately $70K on average, Process Engineers make less than most people in the company.

Locations

When it comes to location, the highest average paycheck ($95K annually) can be spotted in Houston, Texas; Greenville, S.C. (about $91K), Louisville, Ky. ($90K), and Schenectady, N.Y. (around $87K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Cleveland, Ohio — at approximately $81K, salaries are some of the lowest in the country. Within the firm, employees working in California take home the most — about $111K per year on average.

Certifications and Degrees

Certified Six Sigma Black Belts are compensated at a much higher rate than non-authorized workers, bringing in close to $125K annually. Earning a Certified Professional Engineer certification garners significant financial rewards of $122K per year on average. General Electric Co (GE) workers who hold a law degree are also well compensated, earning $215K on average.

Skills

When it comes to skills, employees who report People Management among their abilities seem to make the most, reporting a median income of around $118K annually. A skill that is commonly seen around here is Project Management; roughly one in five deem it necessary for work. Key skills also include Engineering Design, Microsoft Office, and Microsoft Excel.

Benefits and Perks

Paid time off is in short supply here, with only two in five employees receiving paid vacation and 30 percent receiving paid sick days. Quite a few retirement plans are on offer at General Electric Co (GE), including a 401(k) plan and a company pension plan. Perks cover health insurance for almost all workers and dental coverage for a large number of employees. Privileges also include a subsidized cell phone, life insurance, and tuition reimbursement.

Key Stats for General Electric Co (GE)

Gender

Female
22 %
Male
78 %
Salary
$49,115 - $107,100
Salary
$61,737 - $116,619
Less than 1 year
1%
1-4 years
23%
5-9 years
22%
10-19 years
31%
20 years or more
23%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 185 votes.
$59,720 - $101,276
$91,000 - $132,036
$30,791 - $96,564
 
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