I didn't get enough inputs to have meaningful data per level per city - that would require several times the response I got - which I supplemented with data received from candidates I'm working with. Ultimately I divided the country into 4 regions: North East, South, Midwest, and West. I also divided the whole list of inputs up by level (I had to make some generalizations) that broke down like big 4's heirerarchy: Staff, Senior, Manager, Sr. Manager, Director.
The North East was made up of states starting with Maryland and heading North. So New England with NY, PA, NJ, DE, and MD.
The South for my purposes here consists of states on the Eastern seaboard south of Maryland, the states on the Gulf of Mexico, and those south of MO. (VA, NC, SC, GA, FL, AL, LA, TX, OK, MI, AR, and TN)
The Midwest: MO and North, the Dakotas and East, Ohio and West plus WV for good measure.
The West: The square states and west. (Everything Else)
Here are the numbers:
Northeast Avg
$129,490.00
South Avg
$107,778.00
Midwest Avg
$152,115.63
West Avg
$94,000.00
Staff Avg
$62,698.57
Senior Avg
$80,333.33
Manager Avg
$124,937.50
Sr. Manager Avg
$178,680.00
Director Avg
$185,731.25
Now, I really should say that there's little statistical purity here. I have varying numbers of in each level, and varying levels in each geography. Ironically, the only number that I see as suspect is the average TP income in the Midwest, and that's the area with the most diverse set of inputs. Also, in the West I ommitted an input with 3 years exp who claims a base income of 185. This would have made the average "Staff" pay higher than the average "Senior" pay, though it may have made the numbers for the West more accurate on average; I think it's a little low, especially since it contains San Francisco, the most expencive area of the country.
So there it is! That's how much money you should make.
Also, thank you all for your participation in the secondary survey about whether or not you want to hear about new TP jobs. Seeing as nobody said they didn't want to hear about them, which honestly surprised me a little, I will be posting them here as well as emailing them out as they come up. I've started another blog which I may utilize as a job posting board, then again I may just do it here. We'll see.
Best,
Mike
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4 comments:
Very interesting figures. Thanks, Mike!
The results are interesting, but I'm not sure any conclusions can be drawn from them. Having spent most of my career in the "West", I'd have to say average TP salaries are greater there than in the "Midwest". Also, the salaries per level seem skewed upward (perhaps as a result of the respondents, and that there is data from the recruiting projects on which you're working). This, incidentally, does make for good marketing for your recruiting services. I'm sold.
Hi Mike, I'm a TP Staff at EY. Do you know the educational backgrounds of the staff salaries (UG vs. MS, etc.)? Thanks.
Anything new these days?
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