Making the Most Out of the Amazon HQ2: Korn Ferry Analysis Reveals Average Salaries Workers Earn in the Finalist Cities

 

LOS ANGELES, Jan. 22, 2018 — 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:

CityEntry-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.

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