Aviation Program Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $122K per year — though Staff Engineers, Aerospace Engineers, and Senior Manufacturing Engineers also do fairly well at $110K, $79K, and about $78K, respectively. Manufacturing Engineers at Pratt and Whitney do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $71K on average) at the company.
Years of Experience
Survey participants who have worked at Pratt and Whitney for between five and 10 years earn around $84K annually on average. When we consider tenure, a substantial portion of employees (29 percent) have been working for one to four years and make $71K per year on average.
When it comes to location, the highest average paycheck (approximately $103K annually) can be spotted in Jupiter, Fla.; Hartford, Conn. ($90K), the company's headquarter city of East Hartford, Conn. ($83K), and Middletown, Conn. (about $75K) are the next top-paying cities. Oklahoma City, Okla. is near the bottom for pay at around $64K. Within the firm, employees working in California take home the most — $96K per year on average.
Certifications and Degrees
Project Management Professionals have significantly higher pay than non-accredited workers at around $110K annually. Acquiring certification to be a Certified Six Sigma Black Belt is rewarded with median pay of approximately $108K per year. The best paid folks at Pratt and Whitney have a Master of Business Administration (MBA), Finance, earning about $151K 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 in the Pratt and Whitney workforce; nearly one in four of those surveyed report putting it to use in their jobs. Other skills in demand are Microsoft Excel, Microsoft Office, and Engineering Design.
Men make up the majority of employees who took the survey in a male-to-female ratio of more than 3 to 1.
Benefits and Perks
The company pays out both vacation time and sick leave for only a quarter of workers. Most workers participate in the company's 401(k) retirement savings plan. Health insurance is part of the package for a large number of respondents, and for most respondents, dental coverage is too. Pratt and Whitney employees also enjoy perks such as tuition reimbursement, life insurance, flexible hours, and a casual working environment.