Nearing the top of the pay scale are Engineering Senior Project Managers, Procurement Managers, Project Engineers, and Category Managers; while the first receives the highest median pay at $150K per year, the other salaries come in at approximately $146K, $145K, and $105K, respectively. Financial compensation for Procurement Specialists is rather low — on average only about $63K — relative to the rest of the company.
Years of Experience
Survey participants who have worked at LyondellBasell Industries (LBI) for between five and 10 years earn around $95K annually on average. Workers who have been with the company for more than one year but less than five can make $67K per year on average. Overall, the greater share of LyondellBasell Industries (LBI) folks have 20 years or more of experience and earn an average around $122K annually.
Within the firm, employees working in Texas take home the most — $108K per year on average.
Certifications and Degrees
Certified Welding Inspectors receive bigger paychecks (approximately $123K annually) than those without credentials. Engineer in Trainings with credentials can live quite comfortably; median salaries come in at $90K per year. At LyondellBasell Industries (LBI), employees who hold a Bachelor of Science in Mechanical Engineering (BSME) receive the highest salaries at about $142K.
The highest-paying skill to have may be Engineering Design; employees who claim proficiency also report a higher average salary of approximately $149K annually. Folks here also tend to know Project Management; on the survey, slightly less than a fourth of workers named it in their skills portfolios. Employees also tend to round out their skills sets with Data Analysis, Sourcing, and Customer Service.
Benefits and Perks
Benefits include paid time off, but LyondellBasell Industries (LBI) hands out more vacation days than sick days; about one-half report receiving the former, but only a quarter of employees report receiving the latter. The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. A large number of workers report having health insurance, and a large number of survey participants report having dental coverage. Additional benefits of working here are a stock purchase plan, life insurance, and a casual working environment.