The 10 Highest-Paying Companies for 2016

Photo (cc) by Tibor Kovacs

Sure, you can technically find high-paying jobs that don’t require a college degree.

But if Glassdoor’s latest annual ranking of the nation’s 25 highest-paying companies is any indication, education and skills can help boost your salary perhaps more than any other factors.

Andrew Chamberlain, Glassdoor chief economist, explains in a blog post:

“This report reinforces that high pay continues to be tied to in-demand skills and higher education, which in part, is why we see several companies on this list among the consulting and technology industries.”

The top 10 highest-paying companies on Glassdoor’s list for 2016 are in the consulting and technology industries.

Consulting jobs offer high pay due to so-called barriers of entry, which refers to employers wanting top consultants to have personal contacts, reputations, and specialized skills and knowledge, according to Glassdoor.

Tech jobs offer high pay because employers need to compete for talent in an industry that continues to experience a shortage of highly skilled workers.

The median total compensation figures include base salary and other forms of compensation, like commissions, tips and bonuses as reported by U.S.-based employees on Glassdoor’s website over the past year.

A.T. Kearney (consulting)

  • Median total compensation: $167,534
  • Median base salary: $143,620

Strategy& (consulting)

  • Median total compensation: $160,000
  • Median base salary: $147,000

Juniper Networks (technology)

  • Median total compensation: $157,000
  • Median base salary: $135,000

McKinsey & Company (consulting)

  • Median total compensation: $155,000
  • Median base salary: $135,000

Google (technology)

  • Median total compensation: $153,750
  • Median base salary: $123,331

VMware (technology)

  • Median total compensation: $152,133
  • Median base salary: $130,000

Amazon Lab126 (technology)

  • Median total compensation: $150,100
  • Median base salary: $138,700

Boston Consulting Group (consulting)

  • Median total compensation: $150,020
  • Median base salary: $147,000

Guidewire (technology)

  • Median total compensation: $150,020
  • Median base salary: $135,000

Cadence Design Systems (technology)

  • Median total compensation: $150,010
  • Median base salary: $140,000

What’s your take on the types of industries that dominate Glassdoor’s latest ranking of the top-paying companies? Share your thoughts with us below or over on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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