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. Respondents who have been working for five to nine years make $72K annually on average. When we consider tenure, a substantial portion of employees (29 percent) have been working for 10-19 years and make $86K per year on average.
When it comes to location, the highest average paycheck (approximately $96K annually) can be spotted in West Hartford, Conn.; Redmond, Wash. (around $84K), Spokane, Wash. (about $83K), and Dallas, Texas (around $82K) are the next top-paying cities. Nashville, Tenn. ranks low on the pay scale — at $49K, it is one of the lowest-paid cities. Within the firm, employees working in Connecticut take home the most — approximately $96K per year on average.
Nearing the top of the pay scale are Project Engineers, Operations Managers, Aviation Program Managers, and Aerospace Engineers; while the first receives the highest median pay at about $97K annually, the other salaries come in at $85K, $81K, and around $70K, respectively. Structural Engineers are among the lowest paid at a median salary of $63K.
Certifications and Degrees
Project Management Professionals earn approximately $120K per year, far more than their non-accredited counterparts. Earning a Lean Six Sigma Certification certification garners significant financial rewards of about $113K annually on average. It pays to have a Bachelor of Engineering in Bachelor of Engineering (BEng / BE) at Triumph Group — these employees make the most at $112K per year.
In this position, it pays to have Leadership in your toolkit; employees who claim proficiency enjoy a higher median salary of $88K annually. Folks here also tend to know Microsoft Office; on the survey, about one in three of workers named it in their skills portfolios. Three more common skills are Microsoft Excel, Engineering Design, and Project Management.
The number of male employees who participated in the survey outweighs the number of women; the male-to-female ratio is more than 3 to 1.
Benefits and Perks
Paid time off is scarce, with only about a third of respondents receiving paid vacation and slightly less than one-fifth of workers receiving sick leave. To plan for old age, a strong majority of employees maintain savings accounts through the company's 401(k) plan. A large number of workers can count on health insurance, and most workers have dental coverage as a benefit. Perks also include life insurance, tuition reimbursement, a casual working environment, and a stock purchase plan.