![]() ![]() What makes a position worthy of good bonuses and a high salary? The main two types of jobsĮmployees that are directly involved in generating revenue or profit for the organization. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. ![]() People tend to confuse bonuses with commissions. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.įinally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.Įmployees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma. We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Architecture in New York, below are our findings. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? To view accurate figures, choose a specific job title. The data displayed here is the combined average of multiple jobs. ![]() Only 5% of individuals earned a gross salary of 124,000 USD or higher.Ĭhange in salary based on education varies drastically from one location to another and depends hugely on the career field as well. Approximately 20% of salaries were below the 69,900 USD mark, while 10% ranged from 107,000 USD to 124,000 USD. The analysis revealed that roughly 65% of all reported salaries fell within the range of 69,900 USD to 107,000 USD. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Architecture in New York. Additionally, the diagram reveals that 75% of individuals earn less than 128,000 USD, while 25% earn more than that.ĭata was regrouped into brackets to provide a better understanding of what salaries can be expected. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Architecture in New York earn less than 88,000 USD, while 75% of them earn more. Two values that are highly correlated with the median are the 25th and 75th percentiles. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart. It represents the central value of salaries. The median income in the field of Architecture is 108,000 USD, implying that half of the workforce in New York earns less than this figure, and the other half earns more. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country. To clarify, the number presented is not the legally mandated minimum wage. Salaries in Architecture in New York range from 54,200 USD (starting average salary) to 217,000 USD (maximum average salary, actual maximum is higher). Salary Range, Minimum Wage, and Starting Salary.All salary figures displayed here are per year except when noted otherwise.
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