Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $82K annually. For those with one to four years of experience, median paychecks reach around $64K per year. When we consider tenure, a substantial portion of employees (29 percent) have been working for 10-19 years and make $90K annually on average.
When it comes to location, the highest average paycheck ($104K per year) can be spotted in Reston, Va.; San Diego, Calif. (about $104K), Waco, Texas (approximately $83K), and Dallas, Texas (around $80K) are the next top-paying cities. On the lower end is Cincinnati, Ohio at about $59K. By state, the highest pay levels are found in Massachusetts, where the average L-3 Communications employee makes $124K annually.
Senior Electrical Engineers rake in the most money, with average earnings of approximately $108K per year; Electrical Engineers come in second with average earnings amounting to $88K, while Senior Software Engineers and Senior Mechanical Engineers rank near the top as well ($85K and approximately $75K, respectively). Test Engineers are among the lowest paid at a median salary of $69K.
Certifications and Degrees
Being a Certified Information Systems Security Professional certainly has its perks — salaries approach $123K annually and far exceed the paychecks of those without certification. Project Management Professionals with credentials can live quite comfortably; median salaries come in at around $93K per year. At L-3 Communications, employees who hold a Master of Science (MS), Electrical Engineering (EE) receive the highest salaries at about $131K.
The highest-paying skill to have in this role seems to be Program Management; employees claiming this as part of the toolbox earn a median of $125K annually. A common skill in L-3 Communications' work force is Microsoft Office; a little less than one-fifth of survey participants report using it on the job. Employees also tend to know Engineering Design, Project Management, and Microsoft Excel.
L-3 Communications' employees who answered the questionnaire are largely male (the male-to-female ratio is more than 3 to 1).
Benefits and Perks
Paid time off is scarce, with only about 42 percent receiving paid vacation and just under a fourth of workers receiving sick leave. The vast majority of survey participants take advantage of the 401(k) plan that L-3 Communications sponsors. L-3 Communications provides health insurance to most employees, and most respondents do receive dental coverage. The list of perks also includes life insurance, tuition reimbursement, a stock purchase plan, and a casual working environment.