Years of Experience
For those with one to four years of experience, median paychecks reach around $69K annually. Five to nine years of work experience seem to result in median wages of $85K per year. The largest slice of the General Electric Co (GE) workforce (33 percent) has been working for 10-19 years and earns, on average, $103K annually.
Nearing the top of the pay scale are Lead Software Engineers, Senior Mechanical Engineers, Electrical Engineers, and Software Engineers; while the first receives the highest median pay at about $107K per year, the other salaries come in at $100K, approximately $80K, and $78K, respectively. On the lower end are Manufacturing Engineers at $73K on average.
When it comes to location, the highest average paycheck ($95K annually) can be spotted in Greenville, S.C.; Houston, Texas (approximately $95K), Cleveland, Ohio (about $93K), and Louisville, Ky. (around $89K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Albany, N.Y. — at $85K, salaries are some of the lowest in the country. Across General Electric Co (GE)'s U.S. offices, employees in the state of California earn the most, taking home approximately $110K per year.
Certifications and Degrees
Monetary compensation comes to about $123K annually for Certified Professional Engineers, far surpassing the earnings of non-credentialed workers. The highest-paying degree here is a law degree; General Electric Co (GE) awards $215K to these degree-holders.
Employees who count People Management among their skills enjoy higher pay; the median for this group is $120K per year. Project Management is a popular skill in the General Electric Co (GE) workforce; one in five 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
Only two in five survey participants at General Electric Co (GE) enjoy paid vacation time, and just 31 percent can take sick leave. The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. For the vast majority of workers, benefits include health insurance, and a large number of respondents get dental coverage, too. The company also dishes out perks such as a subsidized cell phone, life insurance, and tuition reimbursement.