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Average Salary for Otis Elevator Company Employees

Operating out of Farmington, Connecticut, Otis Elevator Company employs talent in positions ranging from Account Manager to Operations Manager. The average employee at Otis Elevator Company takes home $74K per year. Otis Elevator Company paychecks are largely negotiated based on your job title, though geography and your experience level are also considered. This synopsis is derived from the responses of individuals who took PayScale's salary survey.

How This Employer Pays

Otis Elevator Company typically pays:
at market
 

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Employer: Otis Elevator Company
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Administrative Assistant (4)
$23,698 - $50,136  
   
[-]Administrative Assistant (4)
Bonus$132.42 - $3,447  
   
Total Pay$23,698 - $50,136  
[+]Elevator Mechanic (4)
$60,932 - $125,918  
   
[+]Elevator Mechanic (4)
Bonus$944 - $11,203  
   
Total Pay$60,932 - $125,918  
[+]Elevator Installer / Repairer (3)
$43,057 - $127,991  
   
[+]Elevator Installer / Repairer (3)
Total Pay$43,057 - $127,991  
   
[+]Account Manager (3)
$47,108 - $121,146  
   
[+]Account Manager (3)
Salary$43,401 - $93,172  
   
Bonus$985 - $19,918  
Total Pay$47,108 - $121,146  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 2 Nov 2014 | Individuals Reporting: 50
United States (change)

Otis Elevator Company Details

Farmington, Connecticut

1853

Otis Elevator

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Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Operations Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at around $150K — though Account Managers, Senior Mechanical Engineers, and Sales Account Managers also do fairly well at $75K, about $75K, and $49K, respectively.

Locations

When it comes to location, the highest average paycheck (approximately $119K annually) can be spotted in Miami; Chicago ($82K), the company's headquarter city of Farmington (about $79K), and Hartford (around $73K) are the next top-paying cities. Expected earnings are below average ($43K) in Charlotte, one of the lowest-paid cities. Across its U.S. offices, the state of Florida pays Otis Elevator Company the most — approximately $117K per year on average.

Years of Experience

Those with one to four years of experience at the company can expect to make $54K. Broken down by tenure, the largest number of Otis Elevator Company employees (31 percent) have five to nine years of experience and typically earn $74K annually.

Certifications and Degrees

Monetary compensation comes to $43K for Certified Six Sigma Green Belts, far surpassing the earnings of non-credentialed workers. It pays to have a Bachelor's Degree at Otis Elevator Company — these employees make the most at $75K per year.

Skills

Skill-wise, employees who report Project Management as part of the toolkit report the most money, earning approximately $79K on average. A skill that is commonly seen around here is Account Management; roughly one in four deem it necessary for work. Many workers usually know Contract Negotiation, Account Sales, and Customer Relations as well.

Gender

Otis Elevator Company's employees are more likely to be male — the male-to-female ratio is more than 3 to 1.

Benefits and Perks

Paid time off is hard to come by at Otis Elevator Company; the company rewards only half of workers with paid vacation time and only one in three workers with sick leave. Workers wishing to put aside retirement money are in luck; Otis Elevator Company sponsors various plans such as a 401(k) plan and a company pension plan. A solid majority of workers receive health insurance, and a fair portion of workers get dental coverage. Perks also include life insurance, a subsidized cell phone, and tuition reimbursement.

Key Stats

Female
18 %
Male
83 %
Salary
$62,400
Salary
$43,288 - $102,245
Less than 1 year
4%
1-4 years
22%
5-9 years
24%
10-19 years
24%
20 years or more
26%
Highly satisfied
Rated 4 out of 5
based on 10 votes.

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