When it comes to location, the highest average paycheck ($125K annually) can be spotted in Boston; Chicago (around $100K), Burr Ridge ($89K), and Hightstown (approximately $75K) are the next top-paying cities. Columbus is near the bottom for pay at $65K. Pay rates in the United States are highest in the state of Massachusetts, where they average to about $125K per year.
Senior Financial Analysts are awarded the highest paychecks, with compensation nearing approximately $92K; Technical Project Managers are next on the list, bringing in close to $74K, followed by Editors earning $67K and Design Managers making about $66K. Administrative Assistants are among the lowest paid at $52K.
Years of Experience
Five to nine years of work experience seem to result in median wages of around $75K. Between the one and five year mark, pay is typically $55K. When we consider tenure, a substantial portion of employees (35 percent) have been working for 10-19 years and make around $83K annually.
Certifications and Degrees
Certified Public Accountants earn approximately $125K, far more than their non-accredited counterparts. Project Management Professionals with credentials can live quite comfortably; salaries come in at $102K per year. At The McGraw-Hill Companies, employees who hold a Master of Business Administration (MBA) receive the highest salaries at about $92K.
The best-paying skill to have in this role appears to be Project Management; employees who claim this ability report median compensation of $100K. Data Analysis is a popular skill among The McGraw-Hill Companies workers, with close to one-seventh of those surveyed reporting using it on the job. Microsoft Office, Microsoft Excel, and Forecasting round out the set of key employee skills.
Benefits and Perks
Paid time off is scarce, with only about one in four workers receiving paid vacation and just under one in five workers receiving sick leave. For employees looking to save up for their golden years, The McGraw-Hill Companies provides an optional 401(k) plan, and nearly all workers participate. Almost all workers have health insurance, and benefits for the vast majority of workers also include dental insurance. The McGraw-Hill Companies employees also enjoy perks such as life insurance, a casual working environment, a subsidized cell phone, and tuition reimbursement.