When it comes to location, the highest average paycheck (approximately $172K annually) can be spotted in Morristown, N.J.; Miami, Fla. ($163K), Mount Arlington, N.J. (about $83K), and Phoenix, Ariz. ($83K) are the next top-paying cities. On the lower end is Nashville, Tenn. at $55K. By state, Mars, Inc. employees make the most in Florida, earning around $134K per year on average.
Research & Development Managers are awarded the highest paychecks, with compensation nearing $118K annually on average; Financial Analysis Managers are next on the list, bringing in close to $84K, followed by Key Account Managers earning approximately $79K and Market Research Managers making about $79K. Business Analysts at Mars, Inc. do not see much in the way of financial compensation and represent one of the lower-paid positions (around $60K on average) at the company.
Years of Experience
Average pay is $72K per year for those with five to nine years of experience. The largest slice of the Mars, Inc. workforce (30 percent) has been working for one to four years and earns, on average, $68K annually.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach $124K per year and far exceed the paychecks of those without certification. On average, salaries rise to around $83K annually for accredited Hazard Analysis and Critical Control Points Specialists. Employees who have a Master of Business Administration (MBA) make the most here, hauling in about $120K per year.
When it comes to skills, Strategic Planning seems to bolster pay the most; employees who claim proficiency also enjoy a median income of approximately $97K annually. Project Management is regularly seen around here; just under one-fifth of those surveyed report it as a core competency. Many workers usually know Data Analysis, Financial Analysis, and Microsoft Excel as well.
Benefits and Perks
One in three respondents receive paid vacation, and only a fifth of survey participants get sick leave. Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. The vast majority of employees have health insurance, and benefits for a large number of respondents also include dental insurance. Employees can also look forward to a casual working environment, a subsidized cell phone, and life insurance.