Years of Experience
Workers who have been with the company for more than one year but less than five can make $59K per year on average. When we consider tenure, a substantial portion of employees (29 percent) have been working for five to nine years and make $67K annually on average.
When it comes to location, the highest average paycheck (about $113K per year) can be spotted in Winston-Salem, N.C.; Fort Worth, Texas (approximately $90K), West Hartford, Conn. (around $75K), and Redmond, Wash. ($68K) are the next top-paying cities. High paychecks are not found in Dallas, Texas; in fact, at $60K it is one of the worst-paid cities. By state, the highest pay levels are found in Connecticut, where the average Triumph Group employee makes around $92K annually.
The highest average salaries go to Aviation Program Managers, who bring in close to approximately $75K per year, though Control Systems Engineers are not far behind at about $74K along with Aerospace Engineers ($72K) and Manufacturing Engineers ($69K). On the lower end are Procurement Specialists at $54K on average.
Certifications and Degrees
Lean Six Sigma Certifications receive bigger paychecks ($114K annually) than those without credentials. Earning a Project Management Professional certification garners significant financial rewards of about $100K per year on average. Triumph Group workers who hold a Bachelor of Engineering in Mechanical Engineering (ME) are also well compensated, earning $113K on average.
When it comes to skills, Budget Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $98K annually. A garden variety skill at Triumph Group is Microsoft Excel; one-third of Triumph Group's people use it regularly. Key skills also include Microsoft Office, Project Management, and Microsoft Word.
With a more than 3 to 1 male-to-female ratio, men represent the better half of Triumph Group's employees who responded to the survey.
Benefits and Perks
Paid time off is in short supply here, with only one in three respondents receiving paid vacation and 22 percent receiving paid sick days. Most employees plan for retirement by taking advantage of the company-sponsored 401(k) program. Perks cover health insurance for nearly all respondents and dental coverage for most respondents. The list of perks also includes a casual working environment, life insurance, tuition reimbursement, and a company cell phone.