Years of Experience
Between the one and five year mark, median pay is about $65K annually. Average pay is $80K per year for those with five to nine years of experience. When we consider tenure, a substantial portion of employees (35 percent) have been working for 10-19 years and make $94K annually on average.
The highest paychecks go to Software Development Managers, who earn an average around $125K per year, closely trailed by IT Senior Project Managers ($113K), Lead Software Engineers (approximately $110K), and Senior Financial Analysts (around $84K). Among the lower-paid positions at Thomson Reuters are Software Engineers — the median salary for this role approaches about $70K.
When it comes to location, the highest average paycheck ($120K annually) can be spotted in San Francisco, Calif.; New York, N.Y. ($98K), Dallas, Texas (approximately $80K), and Philadelphia, Pa. ($79K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Eagan, Minn. — at approximately $71K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of about $95K per year) in New York.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Sun Certified Java Programmers, who make $131K annually. Project Management Professionals also rank high on the pay scale, with expected average earnings of around $118K per year. Thomson Reuters compensates Master of Business Administration (MBA), Finance-holders the most at $144K annually.
Benefits and Perks
A third of survey participants have paid vacation, and only about a quarter of survey participants can take paid time off for illness. A 401(k) program is available, and most survey participants use it to save for retirement. Most workers report having health insurance, and a large number of workers report having dental coverage. Thomson Reuters employees also enjoy perks such as a casual working environment, a subsidized cell phone, life insurance, and tuition reimbursement.