When it comes to location, the highest average paycheck (around $138K annually) can be spotted in Boston, Mass.; New York, N.Y. ($103K), Iselin, N.J. ($85K), and Charlotte, N.C. (about $84K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Dallas, Texas — at $61K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of approximately $138K per year) in Massachusetts.
IT Program Managers are awarded the highest paychecks, with compensation nearing around $122K annually on average; Senior Business Analysts are next on the list, bringing in close to $97K, followed by Financial Advisors earning $90K and Relationship Managers making approximately $85K. Investment Accountants are among the lowest paid at a median salary of about $52K.
Years of Experience
Those with one to four years of experience at the company can expect to make $64K per year on average. For those with five to nine years of experience, average earnings amount to $81K annually. Overall, the greater share of TIAA-CREF folks have 10-19 years of experience and earn an average $92K per year.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach about $119K annually and far exceed the paychecks of those without certification. Certified Financial Planners with credentials can live quite comfortably; median salaries come in at approximately $90K per year. It pays to have a law degree at TIAA-CREF — these employees make the most at around $180K annually.
In this role, the best-paying skill appears to be Budget Management; individuals who claim it among their capabilities enjoy a higher median salary of $117K per year. Project Management also popped up often in the survey as an important skill; close to a fifth of employees surveyed report using it at work. Employees also tend to know Financial Analysis, Microsoft Excel, and Financial Advisor.
Benefits and Perks
The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. TIAA-CREF provides health insurance to the vast majority of workers, and almost all workers do receive dental coverage. A few more workplace perks are tuition reimbursement, life insurance, a casual working environment, and gym membership.