When it comes to location, the highest average paycheck (approximately $76K per year) can be spotted in Sacramento, Calif.; Duluth, Minn. ($73K), Roanoke, Va. ($64K), and Elizabethtown, Ky. (about $53K) are the next top-paying cities. Approaching the lower end of the pay scale (at $48K) is St. Joseph, Mo. By state, the highest compensation levels appear in Minnesota, where the average salary is around $73K annually.
The highest average salaries go to Mechanical Engineers, who bring in close to $73K per year, though Human Resources Generalists are not far behind at approximately $53K along with Mechanical Engineering Technologists earning $48K.
Years of Experience
For those with one to four years of experience, median paychecks reach $60K annually. Broken down by tenure, the largest share of Altec Industries, Inc. employees (28 percent) have five to nine years of experience and earn around $70K per year on average.
Certifications and Degrees
Being an Engineer in Training certainly has its perks — salaries approach about $81K annually and far exceed the paychecks of those without certification. Certified Welders also rank high on the pay scale, with expected average earnings of around $41K per year. At Altec Industries, Inc., employees who hold a B.A. in Bachelor of Arts (BA) receive the highest salaries at approximately $70K.
The best-paying skill to have in this role appears to be Project Management; employees who claim this ability report median compensation of $70K annually. Engineering Design is considered a run-of-the-mill skill; approximately one in seven of Altec Industries, Inc.'s people use it regularly. Many workers are also familiar with Microsoft Office, C# Programming Language, and SolidWorks.
Benefits and Perks
Benefits packages do tend to lack paid time off; Altec Industries, Inc. gives paid vacation days to 29 percent and sick leave to an eighth of respondents. The vast majority of workers allocate some part of their earnings to the company-sponsored 401(k) savings plan. Health insurance is part of the package for nearly all respondents, and for the vast majority of employees, dental coverage is too. A few more workplace perks are life insurance, tuition reimbursement, a company cell phone, and a casual working environment.