When it comes to location, the highest average paycheck ($138K annually) can be spotted in Boston, Mass.; New York, N.Y. (around $99K), Iselin, N.J. ($85K), and Charlotte, N.C. ($84K) are the next top-paying cities. At approximately $61K, Dallas, Texas is home to some of the lowest pay in the country. Within the firm, employees working in Massachusetts take home the most — about $138K per year on average.
Bringing in the most money are IT Program Managers — their earnings average $122K annually. Senior Business Analysts are a close second at $97K along with Financial Advisors (approximately $90K) and Financial Planners ($80K). TIAA-CREF hands out some of the smallest paychecks to Recruiting Coordinators (around $55K on average).
Years of Experience
Those with one to four years of experience at the company can expect to make about $61K per year on average. Five to nine years of work experience seem to result in median wages of approximately $80K annually. Broken down by tenure, the largest share of TIAA-CREF employees (28 percent) have 10-19 years of experience and earn $92K per year on average.
Certifications and Degrees
Project Management Professionals receive bigger paychecks (around $119K annually) than those without credentials. Becoming a Certified Financial Planner can certainly pay off here; those folks make $89K on average. At TIAA-CREF, employees who hold a law degree receive the highest salaries at about $180K.
When it comes to skills, Budget Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $117K per year. Folks here also tend to know Project Management; on the survey, approximately one-fifth of workers named it in their skills portfolios. Many workers are also familiar with Microsoft Excel, Financial Advisor, and Financial Analysis.
Benefits and Perks
Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. Nearly all employees report having health insurance, and almost all respondents report having dental coverage. Some other perks are life insurance, tuition reimbursement, a casual working environment, and gym membership.