Years of Experience
Those who have five to nine years of work experience see average salaries of $88K per year. Overall, the greater share of The McGraw-Hill Companies folks have one to four years of experience and earn an average $53K annually.
When it comes to location, the highest average paycheck (around $118K per year) can be spotted in Boston, Mass.; New York, N.Y. (approximately $90K), Irvine, Calif. ($83K), and Chicago, Ill. (about $80K) are the next top-paying cities. Expected earnings are below average ($52K) in Houston, Texas, one of the lowest-paid cities. By state, Massachusetts offers the highest pay at about $118K annually.
Product Managers of Software are the best paid with the average salary hovering at approximately $97K per year; Technical Sales Representatives, Senior Editors, and Outside Sales Representatives also rank near the top of the list, pulling in $65K, $64K, and around $61K, respectively. Project Coordinators make an average $45K, close to the bottom of the company pay scale.
Certifications and Degrees
Project Management Professionals earn $145K annually, far more than their non-accredited counterparts. Teacher Certifications also rank high on the pay scale, with expected average earnings of about $44K per year. Regarding salaries and education, The McGraw-Hill Companies pays those with a Doctor of Philosophy (PhD) the most — around $129K.
When it comes to skills, employees who report Agile Software Development among their abilities seem to make the most, reporting a median income of $97K annually. Project Management is a popular skill in the The McGraw-Hill Companies workforce; roughly one in eight of those surveyed report putting it to use in their jobs. Some other standard skills here are People Management, Product Development, and Microsoft Office.
Benefits and Perks
31 percent have paid vacation, and only about a fifth of employees can take paid time off for illness. Nearly all survey participants contribute to 401(k) savings accounts sponsored by the firm. A large number of survey participants report having health insurance, and a large number of employees report having dental coverage. The McGraw-Hill Companies also dishes out privileges such as a casual working environment, tuition reimbursement, life insurance, and a company cell phone.