Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $72K per year on average. Average pay is $84K annually for those with five to nine years of experience. The greater proportion of employees (30 percent) report 10-19 years of experience and bring home median pay of $101K per year.
Staff Engineers rake in the most money, with average earnings of $114K annually; Senior Mechanical Engineers come in second with average earnings amounting to about $85K, while Project Engineers and Aerospace Engineers rank near the top as well (around $85K and $79K, respectively). With salaries averaging about $70K, Design Engineers are among the lowest paid at Pratt and Whitney.
When it comes to location, the highest average paycheck (approximately $98K per year) can be spotted in Hartford, Conn.; San Diego, Calif. ($92K), the company's headquarter city of East Hartford, Conn. (around $80K), and West Hartford, Conn. ($78K) are the next top-paying cities. High paychecks are not found in Columbus, Ga.; in fact, at $65K it is one of the worst-paid cities. Across its U.S. offices, the state of California pays Pratt and Whitney the most — approximately $90K annually on average.
Certifications and Degrees
Certified Six Sigma Black Belts have significantly higher pay than non-accredited workers at $125K per year. Becoming a Project Management Professional can certainly pay off here; those folks make around $105K on average. Pratt and Whitney compensates Bachelor of Science in Aerospace Engineering-holders the most at about $133K annually.
The highest-paying skill to have in this role seems to be Program Management; employees claiming this as part of the toolbox earn a median of $120K per year. Project Management is a popular skill among Pratt and Whitney workers, with roughly one in five of those surveyed reporting using it on the job. Many workers are also familiar with Microsoft Excel, Microsoft Office, and Engineering Design.
Benefits and Perks
Paid time off is hard to come by at Pratt and Whitney; the company rewards only 42 percent with paid vacation time and only 35 percent with sick leave. Pratt and Whitney helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. Almost all respondents report having health insurance, and a large number of survey participants report having dental coverage. Employees can also look forward to tuition reimbursement, life insurance, and flexible hours.