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.
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.
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.
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.