Regional Sales Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at about $120K per year — though Senior Contracts Specialists, Project Managers, and Mechanical Engineers also do fairly well at $91K, approximately $69K, and around $65K, respectively. Financial compensation for Customer Sales Representatives is rather low — on average only $51K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($98K annually) can be spotted in New York, N.Y.; San Francisco, Calif. (around $75K), Florence, S.C. (about $69K), and the company's headquarter city of Farmington, Conn. ($69K) are the next top-paying cities. Bloomfield, Conn. is one of the lowest-paid cities, with earnings averaging $52K. Across its U.S. offices, the state of New York pays Otis Elevator Company the most — $98K per year on average.
Years of Experience
Those who have five to nine years of work experience see average salaries of approximately $66K annually. Broken down by tenure, the largest share of Otis Elevator Company employees (37 percent) have one to four years of experience and earn $62K per year on average.
Certifications and Degrees
Engineer in Trainings earn around $84K annually, far more than their non-accredited counterparts. Regarding salaries and education, Otis Elevator Company pays those with a Master of Science (MS) the most — $104K.
The highest-paying skill to have in this role seems to be Contract Negotiation; employees claiming this as part of the toolbox earn a median of about $93K per year. Project Management also popped up often in the survey as an important skill; slightly less than a third of employees surveyed report using it at work. Three more common skills are Microsoft Excel, Microsoft Office, and Engineering Design.
Benefits and Perks
Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. A large number of survey participants report having health insurance, and a strong majority of respondents report having dental coverage. The company also dishes out perks such as tuition reimbursement, a company cell phone, flexible hours, and life insurance.