Years of Experience
Five to nine years of work experience seem to result in median wages of $92K per year. The largest fraction of RAND Corporation people (34 percent) have been working for one to four years and earn around $54K annually on average.
When it comes to location, the highest average paycheck ($130K per year) can be spotted in Washington, DC; the company's headquarter city of Santa Monica, Calif. (about $100K), Los Angeles, Calif. (approximately $90K), and Arlington, Va. ($88K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of New York, N.Y. — at $48K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of approximately $130K annually) in District of Columbia.
Senior Research Scientists are awarded the highest paychecks, with compensation nearing about $140K per year on average; Research Analysts are next on the list, bringing in close to $117K, followed by Associate Research Scientists earning $103K and SAS Programmers making around $70K.
Certifications and Degrees
Certified Information Systems Security Professionals earn $168K annually, far more than their non-accredited counterparts. RAND Corporation workers who hold a Doctorate (PhD) are also well compensated, earning $102K on average.
The highest-paying skill to have may be IT Security & Infrastructure; employees who claim proficiency also report a higher average salary of around $168K per year. Research Analysis is considered a run-of-the-mill skill; nearly one in four of RAND Corporation's people use it regularly. Three more common skills are Data Analysis, Project Management, and Microsoft Office.
Benefits and Perks
As part of compensation, RAND Corporation gives paid vacation to half of survey participants and paid sick leave to 30 percent. Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a 403(b) plan. Nearly all workers report having health insurance, and a large number of respondents report having dental coverage. Perks also include a casual working environment, 401(a), and life insurance.