When it comes to location, the highest average paycheck ($138K annually) can be spotted in Boston, Mass.; New York, N.Y. ($103K), Iselin, N.J. (around $85K), and Charlotte, N.C. (approximately $84K) are the next top-paying cities. On the lower end is Dallas, Texas at about $61K. By state, the highest compensation levels appear in Massachusetts, where the average salary is $138K per year.
IT Program Managers rake in the most money, with average earnings of about $122K annually; Senior Business Analysts come in second with average earnings amounting to $97K, while Financial Advisors and Relationship Managers rank near the top as well ($90K and around $85K, respectively). Investment Accountants at TIAA-CREF do not see much in the way of financial compensation and represent one of the lower-paid positions ($52K on average) at the company.
Years of Experience
Between the one and five year mark, median pay is approximately $64K per year. For those with five to nine years of experience, average earnings amount to about $81K annually. The largest fraction of TIAA-CREF people (28 percent) have been working for 10-19 years and earn $92K per year on average.
Certifications and Degrees
Project Management Professionals receive bigger paychecks (approximately $119K annually) than those without credentials. Earning a Certified Financial Planner certification garners significant financial rewards of $90K per year on average. Regarding salaries and education, TIAA-CREF pays those with a law degree the most — around $180K.
The best-paying skill to have in this role appears to be Budget Management; employees who claim this ability report median compensation of $117K annually. A skill that is commonly seen around here is Project Management; nearly one in five deem it necessary for work. Employees also tend to round out their skills sets with Financial Analysis, Microsoft Excel, and Financial Advisor.
Benefits and Perks
Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. The vast majority of employees can count on health insurance, and nearly all respondents have dental coverage as a benefit. Perks also include tuition reimbursement, life insurance, a casual working environment, and gym membership.