Fortune 500 salary estimate

$57,126yearly

$27.46 hourly rate

Entry-level salary
$28,000 yearly salary
Updated April 25, 2024

How much does Fortune 500 pay?

The average Fortune 500 salary in the United States is $57,126 per year. Fortune 500 salaries range between $28,000 a year in the bottom 10th percentile to $114,000 in the top 90th percentile. Fortune 500 pays $27.46 an hour on average. Geographic location also impacts Fortune 500 salaries. Fortune 500 employees in Merced, CA get paid the most.

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How much does Fortune 500 pay by location?

The average Fortune 500 salary varies by location. Fortune 500 salaries are the highest in Merced, CA, at $67,434 per year. Fortune 500 pays the second highest average salary in Billerica, MA, at $63,241 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest Paying Fortune 500 Locations

Rank
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Location
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Average Fortune 500 Salary
ascdesc
Hourly Rate
ascdesc
1Merced, CA$67,434$32.42
2Billerica, MA$63,241$30.40
3Thomaston, CT$61,605$29.62
4Fort Meade, MD$58,698$28.22
5Sterling Heights, MI$53,786$25.86
6Austin, TX$53,432$25.69
7Atlanta, GA$50,595$24.32
8Florence, SC$49,642$23.87
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Fortune 500 salaries by department

Salaries at Fortune 500 vary depending on the department you work in. Fortune 500 salaries in the finance department are the highest with an average salary of $91,070. Employees in the engineering department at Fortune 500 receive relatively high salaries as well, with an average salary of $87,375 per year. Departments that don't pay as well at Fortune 500 include the facilities and the customer service organizational functions, with employees earning average salaries of $36,987 and $37,650, respectively.

Average Fortune 500 salary by department

Rank
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Department
ascdesc
Average Fortune 500 Salary
ascdesc
Hourly Rate
ascdesc
1Finance$91,070$43.78
2Engineering$87,375$42.01
3IT$87,092$41.87
4Plant/Manufacturing$56,807$27.31
5Administrative$42,946$20.65
6Customer Service$37,651$18.10
7Facilities$36,987$17.78

Fortune 500 competitors’ average salaries

Average salaries at Fortune 500 competitors, like VitalChek, NextGen Global Resources, and Alpha Consulting, vary. VitalChek employees earn the highest salaries, with an average yearly salary of $93,303. The average salary at NextGen Global Resources is $88,300 per year, and the average salary at Alpha Consulting is $85,324 per year.

Highest paying Fortune 500 competitors

Rank
ascdesc
Company Name
ascdesc
Zippia Score
ascdesc
Average Salary
ascdesc
1VitalChek4.6$93,303
2NextGen Global Resources4.5$88,300
3Alpha Consulting4.6$85,324
4Knovos4.0$82,325
5Perfect Commerce4.4$81,853
6Hyperion Materials & Technologies4.4$81,055
7Claritas4.3$77,924
8Sherpa4.3$77,410
9Bluehawk Consulting4.0$74,117
10Development Dimensions International4.6$73,279
11ASG Renaissance4.0$71,124
12Campbell Alliance4.2$61,084
13Dahl Consulting4.4$59,277
14Quorum International4.7$58,347
15Knowledge Capital Associates3.2$57,534
16Ascent Group4.1$56,677
17Barrister Digital Solutions4.0$56,556
18Blackwell Global Consulting4.4$56,109
19Compass Technology Services3.5$55,597
20Idealliance3.7$54,753

Recently added Fortune 500 salaries

Job
ascdesc
Location
ascdesc
Date Added
ascdesc
Salary
ascdesc
Technical Salesforce ArchitectPlano, TX09/27/2024$106,300
Penetration TesterPlano, TX09/26/2024$85,200
Azure Cloud ArchitectPlano, TX09/24/2024$114,700
Azure Cloud ArchitectPlano, TX08/30/2024$114,700
Principal Software EngineerIone, CA05/23/2024$126,000

What employees say about salary at Fortune 500

Employee Reviews
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5.0
A zippia user wrote a review on Apr 2023
Pros of working at Fortune 500

Team work

Cons of working at Fortune 500

Slow in obtaining opportunities for moving ahead in the Company

Fortune 500 Benefits

Workable salary at start date of position,

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Zippia gives an in-depth look into the details of Fortune 500, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fortune 500. The employee data is based on information from people who have self-reported their past or current employments at Fortune 500. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fortune 500. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia.

Fortune 500 may also be known as or be related to Fortune 500 and Fortune 500 Inc.