When it comes to location, the highest average paycheck (around $150K per year) can be spotted in San Francisco, Calif.; New York, N.Y. ($101K), Charlotte, N.C. ($87K), and Chicago, Ill. ($86K) are the next top-paying cities. On the lower end is Dallas, Texas at approximately $50K. Across its U.S. offices, the state of New York pays TIAA-CREF the most — about $101K annually on average.
Years of Experience
For those with five to nine years of experience, average earnings amount to around $87K per year. The greater proportion of employees (27 percent) report one to four years of experience and bring home median pay of $73K annually.
IT Senior Project Managers are awarded the highest paychecks, with compensation nearing about $102K per year on average; Senior Data Analysts are next on the list, bringing in close to $97K, followed by Financial Advisors earning approximately $87K and Client Relationship Managers making $75K. Earning only around $64K on average, Senior Administrative Assistants make less than most people in the company.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach $127K annually and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Certified Public Accountants with credentials; these people earn about $84K per year on average. Employees who have a Doctor of Philosophy (PhD) make the most here, hauling in $159K annually.
The highest-paying skill to have in this role seems to be Risk Management / Risk Control; employees claiming this as part of the toolbox earn a median of approximately $115K per year. A garden variety skill at TIAA-CREF is Microsoft Excel; about a sixth of TIAA-CREF's people use it regularly. Many workers are also familiar with Project Management, Data Analysis, and Financial Analysis.
Benefits and Perks
The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. At TIAA-CREF, a large number of survey participants have health insurance, and most workers have dental coverage. Additional benefits of working here are tuition reimbursement, life insurance, gym membership, and optional telecommute / work from home.