Years of Experience
For those with five to nine years of experience, average earnings amount to about $99K annually. The greater proportion of employees (41 percent) report one to four years of experience and bring home median pay of $83K per year.
When it comes to location, the highest average paycheck (approximately $118K annually) can be spotted in Los Angeles, Calif.; Palo Alto, Calif. (around $99K), California City, Calif. ($98K), and Fremont, Calif. ($93K) are the next top-paying cities. San Jose, Calif. is near the bottom for pay at around $79K. Tesla Motors workers in Washington earn the most — $105K per year on average.
The highest average salaries go to Senior Mechanical Engineers, who bring in close to $110K annually, though Firmware Engineers are not far behind at about $92K along with Manufacturing Engineers (approximately $89K) and Mechanical Design Engineers ($84K). Tesla Motors hands out some of the smallest paychecks to Industrial Engineers (about $75K on average).
Certifications and Degrees
Those lacking certification bring in much lower salaries than Certified Six Sigma Black Belts, who make approximately $150K per year. On average, salaries rise to $145K annually for accredited Project Management Professionals. The best paid folks at Tesla Motors have a Doctor of Philosophy (PhD), earning $120K per year.
When it comes to skills, Engineering Design seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $95K annually. Project Management is regularly seen around here; nearly one in five of those surveyed report it as a core competency. Other skills in demand are Microsoft Excel, Microsoft Office, and Computer Aided Design.
Benefits and Perks
A majority of survey participants allocate some part of their earnings to the company-sponsored 401(k) savings plan. Perks cover health insurance for nearly all workers and dental coverage for most survey participants. Tesla Motors also dishes out privileges such as a casual working environment, stock options, a stock purchase plan, free drinks, and a subsidized cell phone.