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Average Salary for General Electric Co (GE) Employees

Fairfield, Connecticut-based General Electric Co (GE) hires for positions ranging from Mechanical Engineer to Design Engineer in the electrical and electronic equipment industry. The median income for General Electric Co (GE) employees is $88K per year. The most important factor affecting pay for General Electric Co (GE) employees is your experience level, though what you do at the company and where you live play a role as well. The information for this snapshot was generated by responses to the PayScale salary survey.

How This Employer Pays

General Electric Co (GE) typically pays:
6%
above market
Similar employers pay:
7%
above market
Employer: General Electric Co (GE)
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Mechanical Engineer (32)
$63,041 - $111,573  
   
[-]Mechanical Engineer (32)
Salary$63,041 - $111,573  
   
Bonus$125.17 - $4,795  
Total Pay$63,041 - $111,573  
[+]Senior Mechanical Engineer (21)
$80,112 - $133,234  
   
[+]Senior Mechanical Engineer (21)
Salary$80,112 - $132,607  
   
Bonus$1,207 - $24,550  
Total Pay$80,112 - $133,234  
[+]Design Engineer (15)
$62,714 - $89,830  
   
[+]Design Engineer (15)
Salary$61,932 - $89,830  
   
Bonus$509 - $6,293  
Total Pay$62,714 - $89,830  
[+]Manufacturing Engineer (11)
$38,838 - $93,701  
   
[+]Manufacturing Engineer (11)
Salary$56,879 - $94,363  
   
Bonus$524 - $7,107  
Total Pay$38,838 - $93,701  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 9 Nov 2014 | Individuals Reporting: 750
United States (change)

General Electric Co (GE) Details

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

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Years of Experience

A tenure of five to ten years results in average pay of approximately $86K. Those with one to four years of experience at the company can expect to make around $68K. Broken down by tenure, the largest number of General Electric Co (GE) employees (32 percent) have 10-19 years of experience and typically earn about $106K annually.

Jobs

Lead Software Engineers are awarded the highest paychecks, with compensation nearing $114K; IT Program Managers are next on the list, bringing in close to $110K, followed by Senior Mechanical Engineers earning $101K and Electrical Engineers making $86K. Financial compensation for Manufacturing Engineers is rather low — only $72K — relative to the rest of the company.

Locations

When it comes to location, the highest average paycheck (around $100K per year) can be spotted in Niskayuna; Louisville ($97K), Houston (approximately $94K), and Schenectady (about $94K) are the next top-paying cities. On the lower end is Erie at $77K. By state, California offers the highest pay at approximately $118K annually.

Certifications and Degrees

Professional Engineer License Holders have significantly higher pay than non-accredited workers at about $125K. Acquiring certification to be a Certified Six Sigma Black Belt is rewarded at $123K per year. Employees who have a law degree make the most here, hauling in around $215K annually.

Skills

Skill-wise, employees who report Leadership as part of the toolkit report the most money, earning $110K on average. Project Management is a popular skill in the General Electric Co (GE) workforce; between a fifth and a fourth of those surveyed report putting it to use in their jobs. Employees also tend to know Engineering Design, Microsoft Office, and Microsoft Excel.

Benefits and Perks

Paid time off is scarce, with only about 43 percent receiving paid vacation and more than a third of workers receiving sick leave. With an eye toward the future, General Electric Co (GE) offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Almost all employees have health insurance, and benefits for a strong majority of workers also include dental insurance. Employees can also look forward to life insurance, a subsidized cell phone, and tuition reimbursement.

Key Stats

Female
23 %
Male
77 %
Salary
$48,880 - $108,699
Salary
$62,345 - $118,807
Less than 1 year
2%
1-4 years
22%
5-9 years
22%
10-19 years
31%
20 years or more
23%
Extremely satisfied
Rated 5 out of 5
based on 157 votes.

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