Years of Experience
Average pay is $86K per year for those with five to nine years of experience. For those with one to four years of experience, median paychecks reach around $70K annually. Broken down by tenure, the largest share of TIAA-CREF employees (27 percent) have 10-19 years of experience and earn about $102K per year on average.
Earning $125K annually on average, IT Program Managers receive the most money, followed by Financial Advisors ($89K), Senior Business Analysts (approximately $87K), and Relationship Managers ($65K). TIAA-CREF hands out some of the smallest paychecks to Financial Consultants (about $61K on average).
When it comes to location, the highest average paycheck ($102K per year) can be spotted in Boston, Mass.; New York, N.Y. (around $100K), Iselin, N.J. (approximately $99K), and Charlotte, N.C. ($86K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Dallas, Texas — at about $56K, salaries are some of the lowest in the country. Within the company, workers earn the highest salaries (an average of approximately $102K annually) in Massachusetts.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach $123K per year and far exceed the paychecks of those without certification. Certified Financial Planners with credentials can live quite comfortably; median salaries come in at $88K annually. The highest-paying degree here is a Doctor of Philosophy (PhD); TIAA-CREF awards $159K to these degree-holders.
The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of around $101K per year. A relatively widespread skill at TIAA-CREF is Microsoft Excel; nearly one-eighth of employees use it for work. Key skills also include Financial Analysis, Data Analysis, and Financial Advisor.
Benefits and Perks
It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. For the vast majority of employees, benefits include health insurance, and the vast majority of respondents get dental coverage, too. Advantages of working here also include tuition reimbursement, life insurance, gym membership, and a casual working environment.