When it comes to location, the highest average paycheck (about $172K annually) can be spotted in Morristown, N.J.; Miami, Fla. (around $163K), Mount Arlington, N.J. (approximately $83K), and Phoenix, Ariz. ($83K) are the next top-paying cities. Nashville, Tenn. ranks low on the pay scale — at $55K, it is one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of $134K per year) in Florida.
Research & Development Managers earn the highest median pay at approximately $118K annually, followed by Financial Analysis Managers ($84K), Key Account Managers (around $79K), and Market Research Managers ($79K). Mars, Inc. hands out some of the smallest paychecks to Business Analysts (about $60K on average).
Years of Experience
Respondents who have been working for five to nine years make $72K per year on average. Overall, the greater share of Mars, Inc. folks have one to four years of experience and earn an average around $68K annually.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach approximately $124K per year and far exceed the paychecks of those without certification. Acquiring certification to be a Hazard Analysis and Critical Control Points Specialist is rewarded with median pay of $83K annually. The highest-paying degree here is a Master of Business Administration (MBA); Mars, Inc. awards $120K to these degree-holders.
The highest-paying skill to have may be Strategic Planning; employees who claim proficiency also report a higher average salary of about $97K per year. Project Management is regularly seen around here; slightly less than a fifth of those surveyed report it as a core competency. Some other standard skills here are Data Analysis, Financial Analysis, and Microsoft Excel.
Benefits and Perks
Mars, Inc. lets only one in three workers take paid vacation and only one in five workers take sick leave. With an eye toward the future, Mars, Inc. offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Nearly all workers receive health insurance, and a large number of workers get dental coverage. Advantages of working here also include a casual working environment, a subsidized cell phone, and life insurance.