When it comes to location, the highest average paycheck ($116K per year) can be spotted in Indianapolis, Ind.; Chicago, Ill. (about $79K), Buffalo, N.Y. (approximately $77K), and Orangeburg, N.Y. ($72K) are the next top-paying cities. Expected earnings are below average (around $42K) in St. Louis, Mo., one of the lowest-paid cities. Pay rates in the United States are highest in the state of Connecticut, where they average to $114K annually.
The highest paychecks go to Regional Sales Managers, who earn an average $120K per year, closely trailed by Control Systems Engineers ($90K), Product Development Specialists (approximately $80K), and Operations Managers (around $73K). Quality Assurance Engineers are among the lowest paid at a median salary of $55K.
Years of Experience
Workers who have been with the company for more than one year but less than five can make about $66K annually on average. Those who have five to nine years of work experience see average salaries of $70K per year. When we consider tenure, a substantial portion of employees (28 percent) have been working for 10-19 years and make approximately $68K annually on average.
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $117K per year. Engineer in Trainings with credentials can live quite comfortably; median salaries come in at about $67K annually. At Praxair, Inc., employees who hold a Master of Business Administration (MBA), Business Administration receive the highest salaries at around $127K.
When it comes to skills, employees who report Contract Negotiation among their abilities seem to make the most, reporting a median income of $95K per year. Project Management also popped up often in the survey as an important skill; just over one in five of employees surveyed report using it at work. Many workers are also familiar with Operations Management, Microsoft Excel, and Leadership.
Benefits and Perks
Praxair, Inc. lets only two-fifths of survey participants take paid vacation and only 22 percent take sick leave. A large number of survey participants participate in the company's 401(k) retirement savings plan. The vast majority of workers receive health insurance, and nearly all employees get dental coverage. Praxair, Inc. employees also enjoy perks such as a company cell phone, life insurance, tuition reimbursement, and a casual working environment.