Senior Mechanical Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at about $96K annually — though Quality Managers, Senior Supplier Quality Engineers, and Senior Engineering Technicians also do fairly well at $88K, approximately $73K, and $67K, respectively. Information Technology Support Specialists are among the lowest paid at a median salary of around $43K.
When it comes to location, the highest average paycheck ($90K per year) can be spotted in Detroit, Mich.; Southfield, Mich. ($84K), St. Louis, Mo. ($75K), and Montgomery, Ala. (approximately $67K) are the next top-paying cities. High paychecks are not found in Kenansville, N.C.; in fact, at about $46K it is one of the worst-paid cities. Within the firm, employees working in Indiana take home the most — $89K annually on average.
Years of Experience
Respondents who have been working for five to nine years make around $71K per year on average. For those with one to four years of experience, median paychecks reach $59K annually. The largest slice of the Lear Corporation workforce (40 percent) has been working for 20 years or more and earns, on average, around $89K per year.
Certifications and Degrees
Salaries approach about $120K annually for Certified Public Accountants; non-accredited workers make much less. Earning a Certified Six Sigma Black Belt certification garners significant financial rewards of approximately $90K per year on average. At Lear Corporation, employees who hold a Master of Business Administration (MBA) receive the highest salaries at $115K.
Employees who count Process Improvement among their skills enjoy higher pay; the median for this group is $85K annually. It's pretty common to find people here who know Microsoft Excel; slightly less than a fourth consider it a key competency. Many workers usually know Project Management, Microsoft Office, and Engineering Design as well.
The number of male employees who participated in the survey outweighs the number of women; the male-to-female ratio is more than 3 to 1.
Benefits and Perks
As part of compensation, Lear Corporation gives paid vacation to two in five workers and paid sick leave to one in ten survey participants. Nearly all respondents set aside retirement funds in an employer-sponsored 401(k). The vast majority of workers can count on health insurance, and a large number of respondents have dental coverage as a benefit. Advantages of working here also include life insurance, a subsidized cell phone, tuition reimbursement, and a casual working environment.