Aviation Program Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $140K annually — though Staff Engineers, Quality Assurance Engineers, and Aerospace Engineers also do fairly well at approximately $110K, about $84K, and around $78K, respectively. Near the bottom at Pratt and Whitney are Design Engineers, pulling in an average of just $68K.
Years of Experience
Respondents who have been working for five to nine years make $84K per year on average. When we consider tenure, a substantial portion of employees (28 percent) have been working for one to four years and make approximately $70K annually on average.
When it comes to location, the highest average paycheck (about $101K per year) can be spotted in Jupiter, Fla.; Hartford, Conn. ($82K), the company's headquarter city of East Hartford, Conn. ($81K), and West Palm Beach, Fla. ($75K) are the next top-paying cities. Portland, Maine is near the bottom for pay at around $69K. U.S. pay levels are highest in the state of California; salaries there average to approximately $96K annually.
Certifications and Degrees
Project Management Professionals have significantly higher pay than non-accredited workers at about $113K per year. Becoming a Certified Six Sigma Black Belt can certainly pay off here; those folks make $108K on average. It pays to have a Master of Business Administration (MBA), Finance at Pratt and Whitney — these employees make the most at around $151K annually.
In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of $96K per year. A relatively widespread skill at Pratt and Whitney is Microsoft Office; nearly one in five of employees use it for work. Some other standard skills here are Microsoft Excel, Engineering Design, and ANSYS Simulation Software.
At Pratt and Whitney, 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
A lucky few (a quarter of respondents) are fortunate enough to be compensated for both vacation and sick time. Most respondents report contributing to a 401(k). Health insurance comes as part of the deal for a large number of survey participants, and a large number of respondents report receiving dental coverage as well. Employees can also look forward to tuition reimbursement, life insurance, flexible hours, and a casual working environment.