Division Operations Managers are awarded the highest paychecks, with compensation nearing about $128K per year on average; Senior Financial Analysts are next on the list, bringing in close to $88K, followed by Equipment Rental Branch Managers earning approximately $87K and Commodity Managers making $81K. On the lower end are Lean Facilitators at $60K on average.
When it comes to location, the highest average paycheck (around $88K annually) can be spotted in the company's headquarter city of Westport, Conn.; Seattle, Wash. ($85K), Redmond, Wash. (around $69K), and Moses Lake, Wash. ($65K) are the next top-paying cities. On the lower end is Southaven, Miss. at $51K. Pay rates in the United States are highest in the state of Minnesota, where they average to about $93K per year.
Years of Experience
Five to nine years of work experience seem to result in median wages of approximately $76K annually. Overall, the greater share of Terex Corporation folks have one to four years of experience and earn an average $60K per year.
Certifications and Degrees
Being a Lean Six Sigma Certification certainly has its perks — salaries approach $130K annually and far exceed the paychecks of those without certification. Project Management Professionals also rank high on the pay scale, with expected average earnings of about $129K per year. Terex Corporation workers who hold a Master of Business Administration (MBA) are also well compensated, earning $105K on average.
The highest-paying skill to have in this role seems to be Operations Management; employees claiming this as part of the toolbox earn a median of around $125K annually. A common skill in Terex Corporation's work force is Project Management; just under one in five of survey participants report using it on the job. Other skills in demand are Lean Manufacturing, Financial Analysis, and Microsoft Excel.
At Terex Corporation, there are significantly more males who responded to the survey than females — the male-to-female ratio is more than 3 to 1.
Benefits and Perks
Terex Corporation sponsors a 401(k) program, and most survey participants use this option to save for their retirement. Almost all survey participants report having health insurance, and a large number of workers report having dental coverage. Advantages of working here also include a company cell phone, a casual working environment, tuition reimbursement, life insurance, and company car / automobile.