Years of Experience
For those with one to four years of experience, median paychecks reach about $54K per year. Average pay is approximately $64K annually for those with five to nine years of experience. The largest slice of the Prudential workforce (33 percent) has been working for 10-19 years and earns, on average, $95K per year.
Nearing the top of the pay scale are Senior Software Engineers, Financial Analysts, Life Insurance Underwriters, and Accounting Associates; while the first receives the highest median pay at $88K annually, the other salaries come in at around $65K, $53K, and approximately $44K, respectively. Prudential hands out some of the smallest paychecks to Financial Professional Associates (about $35K on average).
When it comes to location, the highest average paycheck ($96K per year) can be spotted in Hartford, Conn.; New York, N.Y. ($95K), the company's headquarter city of Newark, N.J. ($83K), and Dallas, Texas (around $65K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Portland, Maine — at $60K, salaries are some of the lowest in the country. Within the firm, employees working in Connecticut take home the most — $92K annually on average.
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to around $118K per year. Earning a FINRA Series 7 General Securities Representative certification garners significant financial rewards of about $100K annually on average. Prudential provides the highest financial reward to those with a Master of Business Administration (MBA), Finance — these employees rake in approximately $112K per year.
When it comes to skills, Project Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $78K annually. A relatively widespread skill at Prudential is Microsoft Excel; one-fifth of employees use it for work. Employees also tend to know Data Analysis, Financial Analysis, and Microsoft Office.
Benefits and Perks
Employees looking to save up for old age can choose from several options including a 401(k) plan and a company pension plan. Health insurance comes as part of the deal for a large number of respondents, and most respondents report receiving dental coverage as well. Additional benefits of working here are life insurance, tuition reimbursement, flexible hours, and a stock purchase plan.