Regional Sales Managers are the best paid with the average salary hovering at $120K per year; Senior Contracts Specialists, Project Managers, and Electrical Engineers also rank near the top of the list, pulling in $91K, $75K, and around $70K, respectively. Near the bottom at Otis Elevator Company are Construction Project Managers, pulling in an average of just about $52K.
When it comes to location, the highest average paycheck (approximately $98K annually) can be spotted in New York, N.Y.; Hartford, Conn. ($90K), San Francisco, Calif. (around $76K), and Florence, S.C. ($74K) are the next top-paying cities. Bloomfield, Conn. is one of the lowest-paid cities, with earnings averaging about $52K. By state, Otis Elevator Company pays its New Jersey employees the most; the pay rate there is $100K per year.
Years of Experience
Average pay is approximately $77K annually for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (32 percent) have been working for one to four years and make about $65K per year on average.
Certifications and Degrees
Certified Professional Engineers receive bigger paychecks (around $97K annually) than those without credentials. Certified Six Sigma Green Belts with credentials can live quite comfortably; median salaries come in at $82K per year. Employees who have a Master of Science (MS) make the most here, hauling in $100K annually.
The highest-paying skill to have may be Contract Negotiation; employees who claim proficiency also report a higher average salary of approximately $89K per year. A skill that is commonly seen around here is Project Management; nearly one in three deem it necessary for work. Three more common skills are Microsoft Office, Microsoft Excel, and Engineering Design.
Benefits and Perks
The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. A large number of workers report having health insurance, and a fair number of survey participants report having dental coverage. Advantages of working here also include tuition reimbursement, a company cell phone, life insurance, and a casual working environment.