10 Companies That Pay Half of Their Employees $100,000 a Year

cash
Photo by Maryna Pleshkun / Shutterstock.com

Want to make six figures annually? Consider working for a company that is not a household name.

Some less-than-famous workplaces populate the list of Money magazine’s top 10 companies at which half the employees earn at least $100,000 a year.

Money examined the pay disclosures that some companies were required to submit to the U.S. Securities and Exchange Commission by the end of April. The publication identified 15 companies with a median annual pay of more than $100,000.

A median value is not the same as an average value. A “median” number sits in the middle of a list of numbers arranged from smallest to largest. In short, if a company’s median annual pay is more than $100,000, it means the company pays at least half of its employees six figures a year.

In the case of the following companies — which have median pays of well over $100,000 — it’s probably safe to assume that the majority of employees earn six figures. Of the companies identified by Money, the 10 with the highest median pay are:

  1. Tesaro Inc. (pharmaceutical company): $344,329 is the median annual total compensation of all employees minus the CEO
  2. Splunk Inc. (tech company): $256,370
  3. Alphabet Inc. (Google’s parent company): $197,274
  4. Netflix Inc.: $183,304
  5. Pandora Media Inc.: $175,138
  6. DTE Energy Co.: $173,839
  7. Phillips 66: $170,988
  8. Zynga Inc. (online-game developer): $140,382
  9. NewMarket Corp. (oil and fuel product maker): $128,030
  10. Verizon Communications Inc.: $126,623

How do we know these salaries? The Dodd-Frank Wall Street Reform and Consumer Protection Act — intended to reform Wall Street and protect consumers in the wake of the Great Recession — remains a polarizing federal law eight years after its adoption. But consumers still have a lot for which they can thank Dodd-Frank.

One of those many things is a glimpse into how publicly traded corporations pay their employees. The Dodd-Frank Act requires such companies to disclose the median total annual compensation of all their employees minus the CEO, among other pay data.

What do you make of these numbers? Sound off below or over on our Facebook page.

Find the right financial adviser

Finding a financial adviser you can trust doesn't have to be hard. A great place to start is with SmartAsset's free financial adviser matching tool, which connects you with up to three qualified financial advisers in five minutes. Each adviser is vetted by SmartAsset and is legally required to act in your best interests.

If you're ready to be matched with local advisers who will help you reach your financial goals, get started now.

Read Next
9 Things You Should Never Pay For With a Debit Card
9 Things You Should Never Pay For With a Debit Card

Use your debit card for one of these expenses, and you could risk your bank account balance, your credit score or even identity fraud.

5 Upgrades That Help Seniors Grow Old in Their Own Homes
5 Upgrades That Help Seniors Grow Old in Their Own Homes

Are you planning to “age in place”? These safety-conscious home renovations can help.

6 Things That Are ‘Free’ With Medicare
6 Things That Are ‘Free’ With Medicare

These services could save you money and help prevent costly health problems.

Why Cutting the Cord Can Be Confusing — and How to Decide If It’s for You
Why Cutting the Cord Can Be Confusing — and How to Decide If It’s for You

Streaming TV might sound like the antidote to sky-high cable bills, but cutting the cord is easier said than done.

Replace These 8 Things — for Your Health and Your Budget
Replace These 8 Things — for Your Health and Your Budget

Being frugal isn’t smart if you put off replacing these things. Waiting too long can cost money or even endanger your health.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
Will I Get My Ex-Husband’s Social Security When He Dies?
Will I Get My Ex-Husband’s Social Security When He Dies?

Two factors determine how much money is coming to you.

7 Ways to Boost Your Credit Score Fast
7 Ways to Boost Your Credit Score Fast

Your financial security might soon depend upon the strength of your credit score.

21 Things You Should Always Buy at a Dollar Store
21 Things You Should Always Buy at a Dollar Store

Dollar stores have great bargains on these familiar purchases. Yes, even pregnancy tests.

13 Brilliant Bulk-Buy Items on Amazon
13 Brilliant Bulk-Buy Items on Amazon

Every household should have these products on hand. Buying them in bulk on Amazon saves you cash.

6 Reasons I Will Never Trust Suze Orman
6 Reasons I Will Never Trust Suze Orman

Beware: The self-proclaimed personal finance expert has a track record that suggests more sizzle than steak.

5 Household Disinfectants That Can Destroy the Coronavirus
5 Household Disinfectants That Can Destroy the Coronavirus

You likely already have some of these products at home.

This Type of Social Security Benefit Is Often Overlooked
This Type of Social Security Benefit Is Often Overlooked

The Social Security Administration is not helping certain people get money to which they are entitled, a report says.

Getting These 2 Shots Could Reduce Your Risk of Dementia
Getting These 2 Shots Could Reduce Your Risk of Dementia

These vaccines may lower the risk of Alzheimer’s disease by up to 40%.

America’s Most Reliable Appliance Brand Is a Surprise
America’s Most Reliable Appliance Brand Is a Surprise

Have you heard of this appliance manufacturer?

9 Everyday Problems You Can Solve With Vaseline
9 Everyday Problems You Can Solve With Vaseline

Forget expensive specialty products. Good ol’ petroleum jelly can address many common annoyances.

16 Amazon Purchases That We Are Loving Right Now
16 Amazon Purchases That We Are Loving Right Now

These practical products make everyday life a little easier.

19 High-Paying Jobs You Can Get With a 2-Year Degree
19 High-Paying Jobs You Can Get With a 2-Year Degree

These jobs pay more than the typical job in the U.S. — and no bachelor’s degree is required.

19 Purchases That Buyers Almost Always Regret
19 Purchases That Buyers Almost Always Regret

Think twice before buying these things.

7 Tips for Building an Emergency Stockpile
7 Tips for Building an Emergency Stockpile

A pandemic or natural disaster could leave you reliant on your existing food supply. Is your pantry prepared?

8 of the Worst Things to Buy at a Dollar Store
8 of the Worst Things to Buy at a Dollar Store

Not everything sold at dollar stores is a great bargain or a safe purchase. Here’s our list of products to avoid.

Homeowners Say These 2 Kitchen Appliance Brands Are Best
Homeowners Say These 2 Kitchen Appliance Brands Are Best

One brand takes five of the top honors, while another ranks highest in three categories.

41 Things You Should Never Buy
41 Things You Should Never Buy

Some purchases are just plain dumb. Give yourself — and your budget — a break. Don’t spend money on this stuff.

9 Indestructible Products That Are Worth the Price
9 Indestructible Products That Are Worth the Price

If you’re willing to pay a little more for these products, you may never have to shop for another again.

5 Ways to Get Amazon Prime for Free
5 Ways to Get Amazon Prime for Free

Hesitant to drop $119 a year on an Amazon Prime membership? Here’s how to get it for free.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.