Companies with Highest Salaried Employees
A usual thought that company’s success solely depends on their operational cost and therefore they will always be looking on means and ways to cut down their expenses does not stand true in all scenarios. There are few companies who pay their employees in millions of dollars. Below mentioned are five such company that everyone will lure for.
With an average pay of $120,657 for Engineering-Software Development Engineers, Microsoft is a business house where in top talent will always find the door open for them along with high pay packages that include above-market base pay and a 401(k)match that pays 50 cents on the dollar, up to 6 percent of salary. Microsoft also pays 100 percent of premiums for employees and dependents, with no deductible or payroll contributions, and it covers everything from weight management to autism therapy.
The Atlanta-based law firm Alston & Bird provides employees with merit bonuses up to 10 percent as a matter of course and that payout has gone as high as 25 percent when budget goals are exceeded. With an average total pay of $182,681 for associates, the company’s staff can top off their pay with a 7 percent profit-sharing bonus, and 25 cents-on-the –dollar match on their 401(k) contributions, which is up to 4 percent of salary. It also provides outstanding family benefits, allowing primary caregivers to take up to 90 days’ maternity leave and covering up to $7,000 in costs related to adoption.
With an average total pay of $160,000 for analysts, program analysts, associates and professional non-exempt, Goldman Sachs pays jaw-dropping salary but does not have any other benefits to lure the employees. But, still the company has funded employees’ retirement plans every year for more than 65 consecutive years and the current contribution is a dollar-for-dollar 401(k) match, up to 4 percent of salary.
The Sunnyvale-based NetApp, a data storage provider pays an average total pay of $149,985 for members of Technical Staff. After the recession, the payrolls of the employees jumped up to 171 percent and got a whopping bonus of $146.7 million or about 8 percent of the company’s operating budget. The new hires of the company receive equity and stock is given out on a performance basis each year.
Cisco pays an average total of $131,716 for Software Engineers. About 95 percent of employees use flex-time while 85 percent take advantage of telecommuting options at the company and the number of remote workers has grown to 27 percent in the last few years. In 2009, Cisco launched an early retirement program that provides a lump-sum payment equal to 12 months of base salary and 24 months’ worth of health benefits. Also, after the recession, the company has build childcare centers at their campus and serves about 800 children.
Microsoft
With an average pay of $120,657 for Engineering-Software Development Engineers, Microsoft is a business house where in top talent will always find the door open for them along with high pay packages that include above-market base pay and a 401(k)match that pays 50 cents on the dollar, up to 6 percent of salary. Microsoft also pays 100 percent of premiums for employees and dependents, with no deductible or payroll contributions, and it covers everything from weight management to autism therapy.Alston & Bird
The Atlanta-based law firm Alston & Bird provides employees with merit bonuses up to 10 percent as a matter of course and that payout has gone as high as 25 percent when budget goals are exceeded. With an average total pay of $182,681 for associates, the company’s staff can top off their pay with a 7 percent profit-sharing bonus, and 25 cents-on-the –dollar match on their 401(k) contributions, which is up to 4 percent of salary. It also provides outstanding family benefits, allowing primary caregivers to take up to 90 days’ maternity leave and covering up to $7,000 in costs related to adoption.Goldman Sachs
With an average total pay of $160,000 for analysts, program analysts, associates and professional non-exempt, Goldman Sachs pays jaw-dropping salary but does not have any other benefits to lure the employees. But, still the company has funded employees’ retirement plans every year for more than 65 consecutive years and the current contribution is a dollar-for-dollar 401(k) match, up to 4 percent of salary.NetApp
The Sunnyvale-based NetApp, a data storage provider pays an average total pay of $149,985 for members of Technical Staff. After the recession, the payrolls of the employees jumped up to 171 percent and got a whopping bonus of $146.7 million or about 8 percent of the company’s operating budget. The new hires of the company receive equity and stock is given out on a performance basis each year.Cisco Systems
Cisco pays an average total of $131,716 for Software Engineers. About 95 percent of employees use flex-time while 85 percent take advantage of telecommuting options at the company and the number of remote workers has grown to 27 percent in the last few years. In 2009, Cisco launched an early retirement program that provides a lump-sum payment equal to 12 months of base salary and 24 months’ worth of health benefits. Also, after the recession, the company has build childcare centers at their campus and serves about 800 children.
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