Years of Experience
Workers who have been with the company for more than one year but less than five can typically make $57K. For those who claim five to nine years of work experience, pay generally amounts to approximately $71K. The largest slice of the Terex Corporation workforce (28 percent) has been working for 10-19 years and earns about $93K annually.
The highest average salaries go to Project Engineers, who bring in close to around $97K, though Senior Financial Analysts are not far behind at $89K along with Design Engineers ($77K) and Electrical Engineers ($70K). Earning only $61K, Manufacturing Engineers make less than most people in the company.
When it comes to location, the highest average paycheck (about $93K per year) can be spotted in Seattle; the company's headquarter city of Westport (around $90K), Redmond (approximately $69K), and Moses Lake ($65K) are the next top-paying cities. Oklahoma City ranks low on the pay scale — at approximately $62K, it is one of the lowest-paid cities. By state, Connecticut offers the highest pay at $89K annually.
Certifications and Degrees
Salaries approach $130K for Lean Six Sigma Certifications; non-accredited workers make much less. Bigger paychecks are awarded to Project Management Professionals with credentials; these people typically earn $128K per year. The best paid folks at Terex Corporation have a Master of Business Administration (MBA), earning around $104K annually.
When it comes to skills, employees who report Operations Management among their abilities seem to make the most, reporting a median income of about $123K. One of the more prevalent skills at Terex Corporation is Lean Manufacturing, with slightly more than a fifth considering it a key competency. Other skills in demand are Project Management, SolidWorks, and Microsoft Office.
Men are more likely to work at Terex Corporation than women, given the more than 3 to 1 male-to-female ratio.
Benefits and Perks
Benefits packages do tend to lack paid time off; Terex Corporation gives paid vacation days to half of workers and sick leave to 22 percent. Almost all workers contribute to 401(k) savings accounts sponsored by the firm. Perks cover health insurance for nearly all workers and dental coverage for almost all employees. The list of perks also includes a subsidized cell phone, a casual working environment, life insurance, and a stock purchase plan.