Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to around $82K per year. For those with one to four years of experience, median paychecks reach $67K annually. The largest slice of the The McGraw-Hill Companies workforce (33 percent) has been working for 10-19 years and earns, on average, approximately $96K per year.
Software Architects are the best paid with the average salary hovering at $147K annually; Lead Software Engineers, Senior Financial Analysts, and Senior Marketing Managers also rank near the top of the list, pulling in about $135K, $91K, and about $83K, respectively. Financial compensation for Administrative Assistants is rather low — on average only approximately $52K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($130K per year) can be spotted in Boston, Mass.; New York, N.Y. ($96K), Burr Ridge, Ill. ($88K), and Chicago, Ill. (around $73K) are the next top-paying cities. At $54K, Denver, Colo. is home to some of the lowest pay in the country. By state, Massachusetts offers the highest pay at about $130K annually.
Certifications and Degrees
Certified ITIL Leaders earn approximately $143K per year, far more than their non-accredited counterparts. The highest-paying degree here is an Associate's Degree; The McGraw-Hill Companies awards $91K to these degree-holders.
Employees who count Product Development among their skills enjoy higher pay; the median for this group is $125K annually. It's pretty common to find people here who know Project Management; roughly a fifth consider it a key competency. Some other standard skills here are Data Analysis, Microsoft Office, and Microsoft Excel.
Benefits and Perks
Benefits packages do tend to lack paid time off; The McGraw-Hill Companies gives paid vacation days to 22 percent and sick leave to an eighth of respondents. Almost all employees save for retirement through The McGraw-Hill Companies' 401(k) plan. Nearly all survey participants report having health insurance, and a large number of workers report having dental coverage. A few more workplace perks are life insurance, a casual working environment, a company cell phone, and tuition reimbursement.