Flight Test Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $120K per year — though Aerospace Engineers, Service Coordinators, and Manufacturing Engineers also do fairly well at approximately $93K, around $76K, and $73K, respectively. Financial compensation for Senior Underwriters is rather low — on average only about $52K — relative to the rest of the company.
Years of Experience
Average pay is $73K annually for those with five to nine years of experience. Between the one and five year mark, median pay is around $57K per year. Broken down by tenure, the largest share of Gulfstream employees (33 percent) have 10-19 years of experience and earn $98K annually on average.
U.S. pay levels are highest in the state of Georgia; salaries there average to approximately $77K per year.
Certifications and Degrees
Those lacking certification bring in much lower salaries than FAA Pilot Licensees, who make about $93K annually. On average, salaries rise to $74K per year for accredited Certified Six Sigma Green Belts. The highest-paying degree here is a Master of Business Administration (MBA); Gulfstream awards $113K to these degree-holders.
The best-paying skill to have in this role appears to be Test Engineering; employees who claim this ability report median compensation of approximately $110K annually. Engineering Design is a popular skill among Gulfstream workers, with approximately one in six of those surveyed reporting using it on the job. Three more common skills are Project Management, Manufacturing Process Engineering, and CATIA.
Gulfstream's employees who answered the questionnaire are largely male (the male-to-female ratio is more than 3 to 1).
Benefits and Perks
35 percent receive paid vacation, and only a quarter of employees get sick leave. A majority of workers plan for retirement by taking advantage of the company-sponsored 401(k) program. Almost all survey participants can count on health insurance, and a large number of employees have dental coverage as a benefit. Some other perks are tuition reimbursement, life insurance, gym membership, and a company cell phone.