Senior Research Scientists rake in the most money, with average earnings of approximately $140K per year; Directors of Operations and Administration come in second with average earnings amounting to $135K, while Associate Research Scientists and SAS Programmers rank near the top as well (about $103K and $70K, respectively). Among the lower-paid positions at RAND Corporation are Project Engineers — the median salary for this role approaches $43K.
Years of Experience
Average pay is around $92K annually for those with five to nine years of experience. The largest slice of the RAND Corporation workforce (33 percent) has been working for one to four years and earns, on average, $52K per year.
When it comes to location, the highest average paycheck (approximately $110K annually) can be spotted in Los Angeles, Calif.; the company's headquarter city of Santa Monica, Calif. ($105K), Washington, DC (around $98K), and Pittsburgh, Pa. ($71K) are the next top-paying cities. New York, N.Y. is near the bottom for pay at about $43K. By state, RAND Corporation employees make the most in California, earning $105K per year on average.
Certifications and Degrees
Certified Information Systems Security Professionals have significantly higher pay than non-accredited workers at around $173K annually. CompTIA Security+ Experts also rank high on the pay scale, with expected average earnings of approximately $140K per year. Those with a Doctor of Philosophy (PhD) at RAND Corporation come out on top, and their salaries approach $138K annually.
When it comes to skills, Research Analysis seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $134K per year. Data Analysis also popped up often in the survey as an important skill; roughly one in six of employees surveyed report using it at work. Microsoft Office, Project Management, and Microsoft Excel are also desirable skills.
Benefits and Perks
Paid time off is hard to come by at RAND Corporation; the company rewards only one-half of employees with paid vacation time and only 37 percent with sick leave. Employees can save for retirement by joining one of several savings plans such as a 403(b) plan and a 401(k) plan. At RAND Corporation, most respondents have health insurance, and a large number of employees have dental coverage. Perks also include a casual working environment, 401(a), and tuition reimbursement.