Lead Software Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $135K annually — though Senior Financial Analysts, Design Managers, and Sales Analysts also do fairly well at $91K, $66K, and around $65K, respectively. Administrative Assistants at The McGraw-Hill Companies do not see much in the way of financial compensation and represent one of the lower-paid positions (about $52K on average) at the company.
When it comes to location, the highest average paycheck (approximately $127K per year) can be spotted in Boston, Mass.; Burr Ridge, Ill. (around $88K), Chicago, Ill. (about $88K), and New York, N.Y. ($85K) are the next top-paying cities. Approaching the lower end of the pay scale (at approximately $54K) is Denver, Colo. Pay rates in the United States are highest in the state of Massachusetts, where they average to $127K annually.
Years of Experience
Workers who have been with the company for more than one year but less than five can make $65K per year on average. For those who claim five to nine years of work experience, pay on average amounts to about $78K annually. Broken down by tenure, the largest share of The McGraw-Hill Companies employees (34 percent) have 10-19 years of experience and earn $100K per year on average.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Certified Public Accountants, who make around $125K annually. Earning a Project Management Professional certification garners significant financial rewards of $105K per year on average. At The McGraw-Hill Companies, employees who hold an Associate's Degree receive the highest salaries at approximately $91K.
The highest-paying skill to have may be Financial Modeling; employees who claim proficiency also report a higher average salary of $98K annually. Project Management is regularly seen around here; about one in five of those surveyed report it as a core competency. Data Analysis, Microsoft Office, and Microsoft Excel are also desirable skills.
Benefits and Perks
Only 19 percent at The McGraw-Hill Companies enjoy paid vacation time, and just one in ten survey participants can take sick leave. The vast majority of workers participate in the company's 401(k) retirement savings plan. The McGraw-Hill Companies provides health insurance to nearly all survey participants, and the vast majority of employees do receive dental coverage. A few more workplace perks are a subsidized cell phone, life insurance, a casual working environment, and tuition reimbursement.