The highest paychecks go to Senior Researchers, who earn an average approximately $176K per year, closely trailed by Directors of Operations and Administration ($135K), Systems Administrators (around $79K), and Contract Administrators ($69K). RAND Corporation hands out some of the smallest paychecks to Project Engineers ($43K on average).
When it comes to location, the highest average paycheck (about $125K annually) can be spotted in the company's headquarter city of Santa Monica, Calif.; Los Angeles, Calif. ($118K), Washington, DC (about $81K), and Pittsburgh, Pa. ($75K) are the next top-paying cities. High paychecks are not found in New York, N.Y.; in fact, at around $43K it is one of the worst-paid cities. The highest pay by state can be found in California, where salaries average out at $119K per year.
Years of Experience
Between the one and five year mark, median pay is approximately $54K annually. Those who have five to nine years of work experience see average salaries of $74K per year. Overall, the greater share of RAND Corporation folks have 20 years or more of experience and earn an average about $135K annually.
Certifications and Degrees
CompTIA Security+ Experts have significantly higher pay than non-accredited workers at $80K per year. Employees who have a Bachelor of Science in Bachelor of Science (BS / BSc) make the most here, hauling in around $157K annually.
Employees who count Human Resources among their skills enjoy higher pay; the median for this group is approximately $135K per year. A skill that is commonly seen around here is Research Analysis; one in four deem it necessary for work. Many workers are also familiar with Project Management, Microsoft Office, and Data Analysis.
Benefits and Perks
Company compensation for vacation days and sick leave is awarded to only 42 percent. With an eye toward the future, RAND Corporation offers several choices in retirement planning such as a 401(k) plan and a 403(b) plan. Perks cover health insurance for a large number of respondents and dental coverage for a fair number of employees. A few more workplace perks are a casual working environment, tuition reimbursement, and a company cell phone.