Years of Experience
For those with five to nine years of experience, average earnings amount to $78K per year. The largest fraction of Thomson Reuters people (29 percent) have been working for one to four years and earn approximately $63K annually on average.
Senior Software Development Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at about $104K per year — though Lead Software Engineers, Senior Software Engineers, and Senior Financial Analysts also do fairly well at $96K, around $87K, and $80K, respectively. Earning only $58K on average, IT Systems Engineers make less than most people in the company.
When it comes to location, the highest average paycheck (around $93K annually) can be spotted in Boston, Mass.; New York, N.Y. (about $93K), Philadelphia, Pa. ($90K), and Minneapolis, Minn. ($68K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Ann Arbor, Mich. — at approximately $58K, salaries are some of the lowest in the country. Across its U.S. offices, the state of New York pays Thomson Reuters the most — $91K per year on average.
Certifications and Degrees
Monetary compensation comes to around $131K annually for Sun Certified Java Programmers, far surpassing the earnings of non-credentialed workers. Becoming a Licensed Lawyer can certainly pay off here; those folks make $122K on average. Thomson Reuters workers who hold a Master of Computer Science (MCS), Computer Science (CS) are also well compensated, earning approximately $120K on average.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $82K per year. Microsoft Excel is considered a run-of-the-mill skill; close to an eighth of Thomson Reuters' people use it regularly. Many workers are also familiar with Data Analysis, Java, and C#.
Benefits and Perks
35 percent receive paid vacation, and only a quarter of workers get sick leave. Nearly all survey participants take advantage of the 401(k) plan that Thomson Reuters sponsors. Perks cover health insurance for almost all respondents and dental coverage for most employees. Some other perks are a casual working environment, a company cell phone, life insurance, and flexible hours.