Operations Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $104K annually — though IT Business Analysts, Contract Administrators, and Manufacturing Engineers also do fairly well at $97K, about $76K, and $71K, respectively. International Logistics Coordinators at Ingersoll- Rand Company do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $40K on average) at the company.
Years of Experience
Five to nine years of work experience seem to result in median wages of around $70K per year. For those with one to four years of experience, median paychecks reach $55K annually. When we consider tenure, a substantial portion of employees (31 percent) have been working for 10-19 years and make around $85K per year on average.
When it comes to location, the highest average paycheck (about $103K annually) can be spotted in Davidson, N.C.; Minneapolis, Minn. ($85K), Tyler, Texas ($81K), and Charlotte, N.C. (approximately $78K) are the next top-paying cities. Carmel, Ind. ranks low on the pay scale — at $61K, it is one of the lowest-paid cities. Within the firm, employees working in Minnesota take home the most — $88K per year on average.
Certifications and Degrees
Certified Six Sigma Black Belts receive bigger paychecks ($119K annually) than those without credentials. On average, salaries rise to approximately $112K per year for accredited Project Management Professionals. Ingersoll- Rand Company workers who hold a Master of Business Administration (MBA), Business & Marketing are also well compensated, earning about $92K on average.
Employees who count Product Development among their skills enjoy higher pay; the median for this group is around $100K annually. A relatively widespread skill at Ingersoll- Rand Company is Microsoft Office; approximately one in five of employees use it for work. Other skills in demand are Engineering Design, Project Management, and Microsoft Excel.
Benefits and Perks
28 percent receive paid vacation, and only a sixth of survey respondents get sick leave. The vast majority of respondents allocate some part of their earnings to the company-sponsored 401(k) savings plan. At Ingersoll- Rand Company, a large number of employees have health insurance, and most workers have dental coverage. Advantages of working here also include life insurance, a subsidized cell phone, tuition reimbursement, and a casual working environment.