Average Salary for Terex Corporation Employees

Operating out of Westport, Conn., industrial trucks sector company Terex Corporation employs talent in positions ranging from Manufacturing Engineer to Senior Financial Analyst. A salary of $69K per year is the going rate at Terex Corporation. Though your role at the company and where you live do impact pay, your experience level is the primary influence on employee salary at Terex Corporation. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Terex Corporation typically pays:
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Employer: Terex Corporation
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Manufacturing Engineer (7)
$42,637 - $86,398  
   
[-]Manufacturing Engineer (7)
Salary$44,398 - $83,405  
   
Bonus$415.65 - $6,236  
Total Pay$42,637 - $86,398  
[+]Maintenance Technician (3)
$31,689 - $75,525  
   
[+]Maintenance Technician (3)
Total Pay$31,689 - $75,525  
   
[+]Senior Financial Analyst (3)
$78,616 - $125,502  
   
[+]Senior Financial Analyst (3)
Salary$72,599 - $106,234  
   
Bonus$4,002 - $19,014  
Total Pay$78,616 - $125,502  
[+]Lean Facilitator (2)
$42,636 - $97,316  
   
[+]Lean Facilitator (2)
Salary$45,786 - $94,047  
   
Total Pay$42,636 - $97,316  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 16 Dec 2014 | Individuals Reporting: 72
United States (change)

About This Company

500 POST ROAD EAST
Westport, Connecticut 06880

1925

Industrial Trucks, Tractors, Trailers, and Stackers


Freebase CC-BY Source: Freebase, licensed under CC-BY

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.

Jobs

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.

Locations

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.

Skills

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.

Gender

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.

Key Stats for Terex Corporation

Gender

Female
15 %
Male
85 %
Salary
$49,580 - $79,500
Salary
$53,075 - $102,063
Less than 1 year
3%
1-4 years
21%
5-9 years
27%
10-19 years
25%
20 years or more
25%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 16 votes.

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