When it comes to location, the highest average paycheck (around $104K annually) can be spotted in the company's headquarter city of Danbury; New York (approximately $92K), Buffalo ($88K), and Chicago (about $81K) are the next top-paying cities. St. Louis ranks low on the pay scale — at $54K, it is one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of $109K per year) in Connecticut.
The highest average salaries go to Cost Engineers, who bring in close to around $98K, though Research and Development Engineers are not far behind at $80K along with Research & Development Chemical Engineers ($73K) and Operations Managers ($73K). Among the lower-paid positions at Praxair, Inc. are Retail Branch Managers — typical salaries for this role approach approximately $54K.
Years of Experience
Those who have five to nine years of work experience see an average salaries of about $68K. Those with one to four years of experience at the company can expect to make around $65K. The greater proportion of employees (32 percent) report 10-19 years of experience and bring home about $85K annually.
Certifications and Degrees
Monetary compensation comes to $91K for Project Management Professionals, far surpassing the earnings of non-credentialed workers. OSHA Forklift Operator Certifications with credentials can live quite comfortably; salaries come in at $79K per year. The best paid folks at Praxair, Inc. have a Master of Business Administration (MBA), Business Administration, earning approximately $127K annually.
Skill-wise, employees who report Budget Management as part of the toolkit report the most money, earning $92K on average. Project Management also popped up often in the survey as an important skill; one-fourth of employees surveyed report using it at work. Microsoft Excel, Operations Management, and Engineering Design were also reported by many survey participants.
Men are more likely to work at Praxair, Inc. than women, given the more than 3 to 1 male-to-female ratio.
Benefits and Perks
As part of compensation, Praxair, Inc. gives paid vacation to half of workers and paid sick leave to one in four workers. Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. Perks cover health insurance for almost all employees and dental coverage for the greater part of workers. Some other perks are life insurance, a subsidized cell phone, and tuition reimbursement.