Years of Experience
Those with one to four years of experience at the company can expect to make $60K per year on average. Broken down by tenure, the largest share of Otis Elevator Company employees (34 percent) have five to nine years of experience and earn about $74K annually on average.
Operations Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $140K per year — though Senior Mechanical Engineers also do fairly well at around $76K annually.
When it comes to location, the highest average paycheck ($119K per year) can be spotted in Miami, Fla.; San Francisco, Calif. (approximately $115K), Hartford, Conn. (about $90K), and the company's headquarter city of Farmington, Conn. ($74K) are the next top-paying cities. San Diego, Calif. is near the bottom for pay at $60K. Pay rates in the United States are highest in the state of Illinois, where they average to approximately $156K annually.
Certifications and Degrees
Monetary compensation comes to around $90K per year for Project Management Professionals, far surpassing the earnings of non-credentialed workers. At Otis Elevator Company, employees who hold a Bachelor's Degree receive the highest salaries at $82K.
The highest-paying skill to have may be Business Development; employees who claim proficiency also report a higher average salary of around $121K annually. A relatively widespread skill at Otis Elevator Company is Project Management; about a fifth of employees use it for work. Other top skills include Customer Service, Microsoft Office, and Account Management.
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
Paid time off is scarce, with only about 29 percent receiving paid vacation and nearly one in five workers receiving sick leave. Most employees save for retirement through Otis Elevator Company's 401(k) plan. Health insurance comes as part of the deal for nearly all workers, and a solid majority of workers report receiving dental coverage as well. Otis Elevator Company folks also make good use of life insurance, a company cell phone, tuition reimbursement, and company car / automobile.