Years of Experience
Those who have five to nine years of work experience see average salaries of $85K per year. The largest slice of the TIAA-CREF workforce (27 percent) has been working for one to four years and earns, on average, approximately $72K annually.
The highest average salaries go to IT Program Managers, who bring in close to about $123K per year, though Senior Data Analysts are not far behind at $97K along with Financial Advisors (around $87K) and Client Relationship Managers ($75K). Near the bottom at TIAA-CREF are Senior Administrative Assistants, pulling in an average of just approximately $64K.
When it comes to location, the highest average paycheck ($105K annually) can be spotted in Chicago, Ill.; Boston, Mass. (around $100K), New York, N.Y. (about $99K), and Charlotte, N.C. ($86K) are the next top-paying cities. Dallas, Texas is one of the lowest-paid cities, with earnings averaging $55K. Across its U.S. offices, the state of New York pays TIAA-CREF the most — $99K per year on average.
Certifications and Degrees
Project Management Professionals receive bigger paychecks (around $120K annually) than those without credentials. Bigger paychecks are awarded to Certified Public Accountants with credentials; these people earn about $83K per year on average. TIAA-CREF provides the highest financial reward to those with a Master of Business Administration (MBA), Business & Marketing — these employees rake in $134K annually.
The best-paying skill to have in this role appears to be Risk Management / Risk Control; employees who claim this ability report median compensation of $114K per year. A relatively widespread skill at TIAA-CREF is Project Management; just under a fifth of employees use it for work. Microsoft Excel, Data Analysis, and Financial Analysis were also reported by many survey participants.
Benefits and Perks
TIAA-CREF helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. Health insurance comes as part of the deal for a large number of employees, and most workers report receiving dental coverage as well. The company also dishes out perks such as tuition reimbursement, gym membership, life insurance, and optional telecommute / work from home.