Making the Most Out of the Amazon HQ2: Korn Ferry Analysis Reveals Average Salaries Workers Earn in the Finalist Cities
January 23, 2018 at 02:04 am IST
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As the competition for being home to Amazon’s second headquarters (HQ2)
narrows to 20 metropolitan areas, a new analysis of salaries by Korn
Ferry (NYSE:KFY) reveals how much, on average, people make in those
cities.
The analysis is based on Korn Ferry’s U.S. PayNet database,
which represents compensation practices for more than 2,300 companies
and more than 5.9 million employees.
Researchers analyzed average salaries by entry-level, mid-level and
senior-level employees in each city. The information is organized
alphabetically by city:
City
Entry-level
employee
Mid-level
employee
Senior-level
employee
Atlanta, GA
$ 55,903
$ 104,705
$ 199,263
Austin, TX
$ 55,165
$ 104,705
$ 200,220
Boston, MA
$ 66,970
$ 119,868
$ 216,299
Chicago, IL
$ 62,202
$ 110,647
$ 197,923
Columbus, OH
$ 56,016
$ 101,939
$ 191,224
Dallas, TX
$ 57,151
$ 109,315
$ 207,685
Denver, CO
$ 59,648
$ 108,188
$ 201,177
Indianapolis, IN
$ 54,824
$ 99,685
$ 187,204
Los Angeles, CA
$ 63,508
$ 118,331
$ 218,787
Miami, FL
$ 55,051
$ 104,602
$ 201,177
Montgomery County, MD
$ 63,962
$ 116,794
$ 211,514
Nashville, TN
$ 52,611
$ 94,870
$ 180,313
Newark, NJ
$ 64,927
$ 120,892
$ 221,276
New York City, NY
$ 68,672
$ 128,371
$ 235,058
Northern Virginia, VA
$ 64,246
$ 118,228
$ 213,236
Philadelphia, PA
$ 61,067
$ 111,159
$ 205,005
Pittsburgh, PA
$ 55,335
$ 100,812
$ 189,884
Raleigh, NC
$ 54,711
$ 102,861
$ 196,966
Toronto, ON
$ 53,860
$ 94,050
$ 165,957
Washington, D.C.
$ 65,210
$ 118,536
$ 213,428
“Several factors feed into average salaries, such as geographic
location, cost of living and availability of qualified talent,” said
Korn Ferry Senior Partner Maryam Morse. “However, wherever Amazon
decides to locate the company’s second U.S. headquarters, it is certain
the war for talent will be fierce, and the economy in the chosen city
will get a boost.”
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We help companies
design their organization – the structure, the roles and
responsibilities, as well as how they compensate, develop and motivate
their people. As importantly, we help organizations select and hire the
talent they need to execute their strategy. Our approximately 7,000
colleagues serve clients in more than 50 countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180122006470/en/
Korn Ferry is an organizational consulting company. The Company operates through eight segments: Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search Asia Pacific, Executive Search Latin America, Professional Search & Interim and RPO. Its segments operate through five lines of business: Consulting, Digital, Executive Search, Professional Search & Interim and recruitment process outsourcing (RPO). Consulting aligns organization structure, performance and people to drive growth by addressing organizational strategy, assessment, succession, and leadership. Digital uses an artificial intelligence-based machine-learning platform to identify structure, roles, capabilities and behaviors needed. Executive Search helps organizations recruit board level, chief executive and other senior executive and general management talent. Professional Search & Interim delivers enterprise talent acquisition solutions for professional level middle and upper management.