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Average Salary for Otis Elevator Company Employees

Operating out of Farmington, Conn., Otis Elevator Company employs talent in positions ranging from Senior Mechanical Engineer to Operations Manager. Compensation for Otis Elevator Company employees is around $74K per year on average. At Otis Elevator Company, the biggest piece of the paycheck puzzle is your city — it impacts salary more than anything else — though your job title and your experience level each factor into the equation as well. The data for this report comes from responses to the PayScale salary survey.

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How This Employer Pays

Otis Elevator Company typically pays:
8%
above 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$60K$120K$180K
[-]Administrative Assistant (4)
$23,596 - $50,315  
   
[-]Administrative Assistant (4)
Bonus$120.05 - $2,866  
   
Total Pay$23,596 - $50,315  
[+]Elevator Mechanic (3)
$47,360 - $121,003  
   
[+]Elevator Mechanic (3)
Total Pay$47,360 - $121,003  
   
[+]Elevator Constructor (3)
$69,921 - $155,224  
   
[+]Elevator Constructor (3)
Total Pay$69,921 - $155,224  
   
[+]Senior Mechanical Engineer (3)
$64,524 - $113,358  
   
[+]Senior Mechanical Engineer (3)
Salary$64,364 - $108,623  
   
Bonus$495.67 - $7,363  
Total Pay$64,524 - $113,358  
 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: 29 Mar 2015 | Individuals Reporting: 52

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About This Company

Farmington, Connecticut 

1853

Otis Elevator


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

Locations

When it comes to location, the highest average paycheck ($156K annually) can be spotted in Chicago, Ill.; Miami, Fla. (about $119K), Hartford, Conn. ($103K), and the company's headquarter city of Farmington, Conn. ($74K) are the next top-paying cities. At around $65K, Los Angeles, Calif. is home to some of the lowest pay in the country. By state, Otis Elevator Company pays its Illinois employees the most; the pay rate there is approximately $156K per year.

Jobs

Bringing in the most money are Operations Managers — their earnings average $150K annually. Senior Mechanical Engineers are a close second at $76K per year.

Years of Experience

Those with one to four years of experience at the company can expect to make around $60K annually on average. The largest fraction of Otis Elevator Company people (34 percent) have been working for five to nine years and earn $74K per year on average.

Certifications and Degrees

Otis Elevator Company provides the highest financial reward to those with a Bachelor's Degree — these employees rake in approximately $82K annually.

Skills

The best-paying skill to have in this role appears to be Business Development; employees who claim this ability report median compensation of about $121K per year. Project Management is a popular skill in the Otis Elevator Company workforce; nearly one in six of those surveyed report putting it to use in their jobs. Many workers are also familiar with Account Management, Customer Relations, and Account Sales.

Gender

At Otis Elevator Company, there are significantly more males who responded to the survey than females — the male-to-female ratio is more than 3 to 1.

Benefits and Perks

Paid time off is scarce, with only about a third of survey participants receiving paid vacation and around one in four workers receiving sick leave. Most employees save up for retirement through a 401(k) plan. Health insurance is part of the package for a large number of employees, and for a solid majority of survey participants, dental coverage is too. Otis Elevator Company also dishes out privileges such as life insurance, a subsidized cell phone, tuition reimbursement, and a casual working environment.

Key Stats for Otis Elevator Company

Gender

Female
19 %
Male
81 %
Salary
$58,250 - $96,000
Salary
$46,978 - $102,245
Less than 1 year
4%
1-4 years
23%
5-9 years
27%
10-19 years
23%
20 years or more
23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
$35,188 - $118,963
United States (change)

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