Nearing the top of the pay scale are Division Operations Managers, Senior Financial Analysts, Commodity Managers, and Electrical Engineers; while the first receives the highest median pay at approximately $128K per year, the other salaries come in at about $88K, around $81K, and $70K, respectively. Among the lower-paid positions at Terex Corporation are Lean Facilitators — the median salary for this role approaches $60K.
Years of Experience
Workers who have been with the company for more than one year but less than five can make $60K annually on average. Survey participants who have worked at Terex Corporation for between five and 10 years earn around $73K per year on average. The greater proportion of employees (27 percent) report 10-19 years of experience and bring home median pay of about $89K annually.
When it comes to location, the highest average paycheck ($95K per year) can be spotted in Chicago, Ill.; Seattle, Wash. ($91K), the company's headquarter city of Westport, Conn. ($87K), and Redmond, Wash. (approximately $69K) are the next top-paying cities. Oklahoma City, Okla. is one of the lowest-paid cities, with earnings averaging $62K. Across its U.S. offices, the state of Minnesota pays Terex Corporation the most — around $93K annually on average.
Certifications and Degrees
Salaries approach $130K per year for Lean Six Sigma Certifications; non-accredited workers make much less. Project Management Professionals with credentials can live quite comfortably; median salaries come in at about $129K annually. Those with a Bachelor of Science in Mechanical Engineering (ME) at Terex Corporation come out on top, and their salaries approach approximately $97K per year.
The highest-paying skill to have may be Operations Management; employees who claim proficiency also report a higher average salary of $125K annually. Lean Manufacturing is considered a run-of-the-mill skill; between a fifth and a fourth of Terex Corporation's people use it regularly. Employees also tend to know Project Management, Microsoft Office, and Microsoft Excel.
The number of male employees who participated in the survey outweighs the number of women; the male-to-female ratio is more than 3 to 1.
Benefits and Perks
Terex Corporation lets only 37 percent take paid vacation and only a sixth of workers take sick leave. A large number of employees set aside retirement funds in an employer-sponsored 401(k). At Terex Corporation, the vast majority of workers have health insurance, and the vast majority of employees have dental coverage. Additional benefits of working here are a company cell phone, a casual working environment, life insurance, and tuition reimbursement.