When it comes to location, the highest average paycheck ($120K per year) can be spotted in San Francisco, Calif.; Santa Clara, Calif. ($94K), Tucson, Ariz. (about $88K), and Houston, Texas (around $83K) are the next top-paying cities. Approaching the lower end of the pay scale (at $62K) is Sherman, Texas. By state, the highest pay levels are found in Indiana, where the average Texas Instruments, Inc. employee makes approximately $135K annually.
Years of Experience
Average pay is $85K per year for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (33 percent) have been working for one to four years and make approximately $79K annually on average.
The highest average salaries go to Analog and Mixed Signal Design Engineers, who bring in close to about $103K per year, though Electrical Engineers are not far behind at $90K along with Software Engineers ($85K) and Embedded Software Engineers (around $83K). Near the bottom at Texas Instruments, Inc. are Applications Engineers, pulling in an average of just $79K.
Certifications and Degrees
Being a Certified Information Systems Security Professional certainly has its perks — salaries approach around $120K annually and far exceed the paychecks of those without certification. Earning a Certified Six Sigma Green Belt certification garners significant financial rewards of $119K per year on average. Texas Instruments, Inc. provides the highest financial reward to those with a Doctorate (PhD) — these employees rake in $135K annually.
When it comes to skills, employees who report Engineering Design, Semiconductor among their abilities seem to make the most, reporting a median income of about $100K per year. One of the more prevalent skills at Texas Instruments, Inc. is C, with close to a sixth considering it a key competency. Engineering Design, Project Management, and Test Engineering were also reported by many survey participants.
Benefits and Perks
Almost all respondents set aside retirement funds in an employer-sponsored 401(k). Almost all workers can count on health insurance, and a solid majority of employees have dental coverage as a benefit. The list of perks also includes a stock purchase plan, life insurance, a casual working environment, a company cell phone, and flexible hours.