When it comes to location, the highest average paycheck (about $126K annually) can be spotted in Indianapolis, Ind.; Buffalo, N.Y. ($100K), Tonawanda, N.Y. (around $93K), and Chicago, Ill. ($92K) are the next top-paying cities. High paychecks are not found in Danbury, Conn.; in fact, at $68K it is one of the worst-paid cities. By state, Praxair, Inc. pays its Indiana employees the most; the pay rate there is approximately $98K per year.
Engineering Project Managers are the best paid with the average salary hovering at $110K annually; Product Development Specialists, Control Systems Engineers, and Plant Superintendents also rank near the top of the list, pulling in approximately $92K, $86K, and about $81K, respectively. Praxair, Inc. hands out some of the smallest paychecks to Process Engineers ($66K on average).
Years of Experience
For those with five to nine years of experience, average earnings amount to around $73K per year. For those with one to four years of experience, median paychecks reach $72K annually. The largest slice of the Praxair, Inc. workforce (31 percent) has been working for 10-19 years and earns, on average, about $92K per year.
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to approximately $105K annually. On average, salaries rise to around $98K per year for accredited Lean Six Sigma Certifications. Regarding salaries and education, Praxair, Inc. pays those with a Master of Business Administration (MBA), Finance the most — $115K.
In this position, it pays to have Engineering Design in your toolkit; employees who claim proficiency enjoy a higher median salary of $100K annually. One of the more prevalent skills at Praxair, Inc. is Project Management, with slightly more than a fifth considering it a key competency. Employees also tend to know Microsoft Excel, Customer Relationship Management, and Technical Sales.
Benefits and Perks
Paid time off is in short supply here, with only 36 percent receiving paid vacation and 18 percent receiving paid sick days. Workers wishing to put aside retirement money are in luck; Praxair, Inc. sponsors various plans such as a 401(k) plan and a company pension plan. Perks cover health insurance for nearly all employees and dental coverage for almost all survey participants. Privileges also include a subsidized cell phone, life insurance, and tuition reimbursement.