Design Engineering Managers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $134K annually — though Materials Managers, Manager, Financial Planning & Anaysiss, and Operations Managers also do fairly well at around $105K, $100K, and approximately $88K, respectively. Terex Corporation hands out some of the smallest paychecks to Accountants ($49K on average).
When it comes to location, the highest average paycheck (about $97K per year) can be spotted in Seattle, Wash.; the company's headquarter city of Westport, Conn. (around $89K), Oklahoma City, Okla. ($86K), and Moses Lake, Wash. (approximately $79K) are the next top-paying cities. At about $58K, Cedar Falls, Iowa is home to some of the lowest pay in the country. By state, Connecticut offers the highest pay at $89K annually.
Years of Experience
Average pay is $90K per year for those with five to nine years of experience. Workers who have been with the company for more than one year but less than five can make $63K annually on average. The largest slice of the Terex Corporation workforce (26 percent) has been working for 10-19 years and earns, on average, $87K per year.
Certifications and Degrees
Project Management Professionals earn $131K annually, far more than their non-accredited counterparts. Those with a Bachelor of Science in Electrical Engineering (BSEE) at Terex Corporation come out on top, and their salaries approach around $110K per year.
When it comes to skills, employees who report Operations Management among their abilities seem to make the most, reporting a median income of about $110K annually. Folks here also tend to know Project Management; on the survey, close to one-fifth of workers named it in their skills portfolios. Employees also tend to round out their skills sets with Lean Manufacturing, Engineering Design, and Microsoft Excel.
Benefits and Perks
Most employees save up for retirement through a 401(k) plan. Health insurance comes as part of the deal for a large number of workers, and most respondents report receiving dental coverage as well. Some other advantages of working at Terex Corporation are a subsidized cell phone, tuition reimbursement, life insurance, a casual working environment, and a stock purchase plan.