Bringing in the most money are Division Operations Managers — their earnings average $128K annually. Materials Managers are a close second at $105K along with Senior Financial Analysts ($87K) and Commodity Managers (approximately $81K). With salaries averaging around $40K, Accounts Payable Supervisors are among the lowest paid at Terex Corporation.
Years of Experience
Those who have five to nine years of work experience see average salaries of about $86K per year. For those with one to four years of experience, median paychecks reach $62K annually. The largest fraction of Terex Corporation people (28 percent) have been working for 10-19 years and earn approximately $88K per year on average.
When it comes to location, the highest average paycheck ($89K annually) can be spotted in the company's headquarter city of Westport, Conn.; Seattle, Wash. (around $87K), Moses Lake, Wash. ($74K), and Redmond, Wash. (about $73K) are the next top-paying cities. Expected earnings are below average ($51K) in Southaven, Miss., one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of $90K per year) in Ohio.
Certifications and Degrees
Being a Professional Engineer License Holder certainly has its perks — salaries approach $130K annually and far exceed the paychecks of those without certification. Terex Corporation compensates Master of Business Administration (MBA), Business Operations-holders the most at about $130K per year.
The highest-paying skill to have may be Operations Management; employees who claim proficiency also report a higher average salary of around $125K annually. Project Management is a popular skill among Terex Corporation workers, with just over one in five of those surveyed reporting using it on the job. Many workers usually know Lean Manufacturing, Financial Analysis, and SolidWorks as well.
Benefits and Perks
A large number of employees save for retirement through Terex Corporation's 401(k) plan. Health insurance comes as part of the deal for most employees, and a large number of survey participants report receiving dental coverage as well. Other privileges include a subsidized cell phone, a casual working environment, tuition reimbursement, life insurance, and company car / automobile.