When it comes to location, the highest average paycheck (approximately $120K per year) can be spotted in New York, N.Y.; the company's headquarter city of Newark, N.J. ($85K), Hartford, Conn. ($77K), and Roseland, N.J. (around $77K) are the next top-paying cities. Plymouth, Minn. is one of the lowest-paid cities, with earnings averaging about $62K. Within the firm, employees working in New York take home the most — $120K annually on average.
Accounting Managers are awarded the highest paychecks, with compensation nearing $97K per year on average; Senior Actuarial Associates are next on the list, bringing in close to approximately $85K, followed by Information Technology Specialists earning $78K and Relationship Managers making around $68K. Near the bottom at Prudential Financial Inc. are Financial Advisors, pulling in an average of just $48K.
Years of Experience
Five to nine years of work experience seem to result in median wages of about $79K annually. The largest slice of the Prudential Financial Inc. workforce (30 percent) has been working for one to four years and earns, on average, around $64K per year.
Certifications and Degrees
Project Management Professionals earn $119K annually, far more than their non-accredited counterparts. Becoming a Chartered Financial Analyst can certainly pay off here; those folks make $100K on average. Prudential Financial Inc. compensates Master of Computer Science (MCS)-holders the most at approximately $118K per year.
In this role, the best-paying skill appears to be Data Analysis; individuals who claim it among their capabilities enjoy a higher median salary of $83K annually. Financial Analysis also popped up often in the survey as an important skill; approximately one-seventh of employees surveyed report using it at work. Other skills in demand are Microsoft Excel, Project Management, and Microsoft Office.
Benefits and Perks
With an eye toward the future, Prudential Financial Inc. offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Health insurance is part of the package for most survey participants, and for most workers, dental coverage is too. Prudential Financial Inc. also dishes out privileges such as tuition reimbursement, life insurance, a stock purchase plan, and gym membership.