Cha-Ching! These Five Companies Pay The Best Salaries
If you’re looking for a sweet six-figure pay package, Glassdoor’s got you covered. The jobs site put together a list of America’s top-paying companies of 2014. Each company doles out at least $140,000 in median pay. Can you say, “cha-ching”?
Pundits usually tout the tech industry as the best sector for fattening your wallet, but au contraire. It’s the consulting firms that dominated the top five on Glassdoor’s list by 60 percent. Without further ado, let’s tackle that list.
Landing in the No.1 spot is a New York City-based law firm called Skadden Arps, which issues a median compensation package of $182,000. Checking out Glassdoor’s reviews, employees are, indeed, praising the company for its salary and benefits — including its 401K contributions.
“There are a lot of employee discounts and benefits. After working 365 days, the company automatically contributes 8% of their own money towards your 401k regardless of whether or not you make your own contributions,” one wrote. But the perks come with a price — many employees whined about their tiring schedules.
“If you are looking for a good work-life balance than this is not the place for you,” another said. “Partners can be very demanding but it’s always why it is the best in the business.”
The second top-paying company in the country is Netflix, the subscription service responsible for our awful binge-watching habits. It’s also the only tech company on the top five. The powerhouse doles out a median of $180,000 for salaries. “They will pay you handsomely (while you remain employed) and keep you well-fed,” one reviewer said.
The downsides? The consensus is that Netflix creates culture of fear: “They only know two ways to address a problem. Write an algorithm or fire people,” one said.
Booz & Company, a global management consulting firm, comes in at No.3 with a median pay of $162,000. The upsides of the company seems to be less about pay and more about the staff, whom reviewers praised as “smart” and “intelligent.” However, employees complained about difficulties in balancing work and life.
McKinsey & Company takes fourth place with $160,000. Like Booz & Company, reviews cheered the consulting firm for its “highly intelligent” staff, but gave the company a thumbs down for its work/life balance.
Last, but not least is A.T. Kearney, another consulting firm, paying a median of $160,000. Reviewers gave the company a thumbs up for its attractive salary, but again, complained about the long hours and inflexible schedule.
Seems like a six-figure salary comes with a catch — giving up time with your family is the sacrifice.
To check out the rest of the list, click here.