Years of Experience
For those with five to nine years of experience, average earnings amount to approximately $62K annually. Those with one to four years of experience at the company can expect to make about $53K per year on average. The greater proportion of employees (34 percent) report 10-19 years of experience and bring home median pay of $90K annually.
Compliance Officers are the best paid with the average salary hovering at around $81K per year; Financial Analysts, Rehabilitation Specialists, and Life Insurance Underwriters also rank near the top of the list, pulling in $65K, $62K, and about $53K, respectively. Prudential hands out some of the smallest paychecks to Financial Professional Associates ($35K on average).
When it comes to location, the highest average paycheck (around $99K annually) can be spotted in Hartford, Conn.; the company's headquarter city of Newark, N.J. (approximately $83K), Shelton, Conn. ($69K), and Dallas, Texas ($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. By state, Connecticut offers the highest pay at around $93K per year.
Certifications and Degrees
Monetary compensation comes to $118K annually for Project Management Professionals, far surpassing the earnings of non-credentialed workers. On average, salaries rise to $100K per year for accredited FINRA Series 7 General Securities Representatives. Prudential workers who hold a Master of Business Administration (MBA), Finance are also well compensated, earning approximately $112K on average.
The highest-paying skill to have may be Project Management; employees who claim proficiency also report a higher average salary of about $78K annually. Microsoft Excel is considered a run-of-the-mill skill; approximately one in five of Prudential's people use it regularly. Data Analysis, Customer Service, and Financial Analysis round out the set of key employee skills.
Benefits and Perks
Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. Most respondents have health insurance, and benefits for a fair number of respondents also include dental insurance. Other privileges include life insurance, tuition reimbursement, flexible hours, and a stock purchase plan.