When it comes to location, the highest average paycheck (around $97K per year) can be spotted in Chattanooga, Tenn.; the company's headquarter city of Knoxville, Tenn. (approximately $83K), Cumberland City, Tenn. ($74K), and Nashville, Tenn. (about $48K) are the next top-paying cities. Across its U.S. offices, the state of Kentucky pays Tennessee Valley Authority the most — $105K annually on average.
Years of Experience
Those who have five to nine years of work experience see average salaries of $80K per year. Between the one and five year mark, median pay is approximately $71K annually. Broken down by tenure, the largest share of Tennessee Valley Authority employees (46 percent) have 20 years or more of experience and earn about $95K per year on average.
The highest paychecks go to Software Engineers, who earn an average $99K annually, closely trailed by Nuclear Power Reactor Operators ($96K), Metallurgical Engineers ($92K), and Senior Contracts Managers (around $85K).
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $122K per year. Tennessee Valley Authority workers who hold a Bachelor's Degree are also well compensated, earning approximately $91K on average.
In this role, the best-paying skill appears to be People Management; individuals who claim it among their capabilities enjoy a higher median salary of $113K annually. Contract Management also popped up often in the survey as an important skill; just under one in five of employees surveyed report using it at work. Many workers usually know Contract Negotiation, Project Management, and Scheduling as well.
Employees who completed the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.
Benefits and Perks
Tennessee Valley Authority rewards its employees with paid time off, and the larger part of respondents report compensation for sick days and vacation time. Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. Most respondents receive health insurance, and most employees get dental coverage. Tennessee Valley Authority also dishes out privileges such as life insurance, gym membership, and tuition reimbursement.