When it comes to location, the highest average paycheck ($156K per year) can be spotted in Chicago, Ill.; Hartford, Conn. (about $90K), the company's headquarter city of Farmington, Conn. (around $78K), and Bloomfield, Conn. ($74K) are the next top-paying cities. At $54K, Sacramento, Calif. is home to some of the lowest pay in the country. Across Otis Elevator Company's U.S. offices, employees in the state of Illinois earn the most, taking home approximately $156K annually.
Operations Managers are awarded the highest paychecks, with compensation nearing $140K per year on average; Senior Mechanical Engineers are next on the list, bringing in close to approximately $84K, followed by Mechanical Engineers earning about $75K and Software Engineers making around $74K. Among the lower-paid positions at Otis Elevator Company are Account Managers — the median salary for this role approaches $57K.
Years of Experience
Those with one to four years of experience at the company can expect to make $62K annually on average. The largest slice of the Otis Elevator Company workforce (33 percent) has been working for five to nine years and earns, on average, $74K per year.
Certifications and Degrees
Salaries approach about $90K annually for Project Management Professionals; non-accredited workers make much less. Bigger paychecks are awarded to OSHA 30 hour Certificate Holder Holders with credentials; these people earn around $70K per year on average. It pays to have a Bachelor's Degree at Otis Elevator Company — these employees make the most at $73K annually.
The highest-paying skill in this position seems to be Business Development; individuals who report it as part of the repertoire have a median income of $121K per year. A common skill in Otis Elevator Company's work force is Project Management; approximately one in four of survey participants report using it on the job. Other skills in demand are Account Management, Microsoft Office, and Account Sales.
Benefits and Perks
To plan for old age, most employees maintain savings accounts through the company's 401(k) plan. Almost all respondents report having health insurance, and a solid majority of employees report having dental coverage. The company also dishes out perks such as life insurance, tuition reimbursement, a company cell phone, a casual working environment, and company car / automobile.