When it comes to location, the highest average paycheck (approximately $110K per year) can be spotted in Seattle, Wash.; the company's headquarter city of Westport, Conn. (about $91K), Moses Lake, Wash. ($83K), and Oklahoma City, Okla. ($83K) are the next top-paying cities. High paychecks are not found in Newton, N.H.; in fact, at $58K it is one of the worst-paid cities. By state, Texas offers the highest pay at around $118K annually.
The highest paychecks go to Senior Electrical Engineers, who earn an average $93K per year, closely trailed by Operations Managers (around $88K), Electrical Engineers (about $84K), and Mechanical Engineers ($80K). On the lower end are Accountants at $49K on average.
Years of Experience
For those with one to four years of experience, median paychecks reach approximately $65K annually. The largest fraction of Terex Corporation people (27 percent) have been working for five to nine years and earn $89K per year on average.
Certifications and Degrees
Monetary compensation comes to around $105K annually for APICS Certification in Production and Inventory Managements, far surpassing the earnings of non-credentialed workers. Bigger paychecks are awarded to Certified Professional Engineers with credentials; these people earn about $97K per year on average. Terex Corporation provides the highest financial reward to those with a Bachelor of Science in Electrical Engineering (BSEE) — these employees rake in $110K annually.
The highest-paying skill in this position seems to be Project Management; individuals who report it as part of the repertoire have a median income of approximately $96K per year. It's pretty common to find people here who know Lean Manufacturing; nearly one in six consider it a key competency. Other skills in demand are Engineering Design, Operations Management, and SolidWorks.
Benefits and Perks
A large number of employees take advantage of the 401(k) plan that Terex Corporation sponsors. For most workers, benefits include health insurance, and a large number of survey participants get dental coverage, too. Terex Corporation employees also enjoy perks such as a company cell phone, tuition reimbursement, life insurance, a stock purchase plan, and a casual working environment.