Years of Experience
Workers who have been with the company for more than one year but less than five can typically make about $61K. The largest slice of the PennyMac workforce (42 percent) has been working for five to nine years and earns $73K per year.
Earning $85K on average, Telecommunications Engineers receive the most money, followed by SQL Developers (around $61K).
Certifications and Degrees
Employees who have a Bachelor of Science in Computer Science (CS) make the most here, hauling in approximately $75K annually.
Skill-wise, employees who report SQL as part of the toolkit report the most money, earning $95K on average. One of the more prevalent skills at PennyMac is Financial Analysis, with just under one in three considering it a key competency. Employees also tend to round out their skills sets with Microsoft SQL Server, Mortgage Loans, and Microsoft Excel.
Benefits and Perks
Almost all employees participate in the company's 401(k) retirement savings plan. The vast majority of workers receive health insurance, and a strong majority of workers get dental coverage.