Years of Experience
Five to nine years of work experience seem to result in median wages of about $82K annually. Those with one to four years of experience at the company can expect to make $67K per year on average. The greater proportion of employees (33 percent) report 10-19 years of experience and bring home median pay of approximately $96K annually.
Nearing the top of the pay scale are Software Architects, Lead Software Engineers, Senior Financial Analysts, and Senior Marketing Managers; while the first receives the highest median pay at $147K per year, the other salaries come in at $135K, around $91K, and about $83K, respectively. Earning only $52K on average, Administrative Assistants make less than most people in the company.
When it comes to location, the highest average paycheck (approximately $130K annually) can be spotted in Boston, Mass.; New York, N.Y. (around $96K), Burr Ridge, Ill. ($88K), and Chicago, Ill. ($73K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Denver, Colo. — at $54K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of approximately $130K per year) in Massachusetts.
Certifications and Degrees
Certified ITIL Leaders have significantly higher pay than non-accredited workers at $143K annually. The McGraw-Hill Companies workers who hold an Associate's Degree are also well compensated, earning around $91K on average.
In this position, it pays to have Product Development in your toolkit; employees who claim proficiency enjoy a higher median salary of $125K per year. Project Management is a popular skill among The McGraw-Hill Companies workers, with one in five of those surveyed reporting using it on the job. Other top skills include Data Analysis, Microsoft Office, and Microsoft Excel.
Benefits and Perks
As part of compensation, The McGraw-Hill Companies gives paid vacation to 22 percent and paid sick leave to an eighth of survey participants. The vast majority of employees participate in a 401(k) program. Health insurance comes as part of the deal for almost all workers, and a large number of employees report receiving dental coverage as well. The McGraw-Hill Companies also dishes out privileges such as life insurance, a casual working environment, a subsidized cell phone, and tuition reimbursement.