
Tessy Plastics is a company that offers a wide range of salaries to its employees, with the average annual pay ranging from $48,500 to $79,500. The average Tessy Plastics employee in the United States earns $31.38 an hour or $65,265 per year, while a Tessy Plastics employee in New York can expect to earn an average of $71,403 per year. The company also offers a 401k plan that is better than average, with Tessy matching up to 4% of an employee's 401k. The wide range in salaries suggests that there may be opportunities for advancement and increased pay based on skill level, location, and years of experience.
Characteristics | Values |
---|---|
Average Hourly Rate | $31.38 |
Average Annual Salary | $65,265 |
Average Annual Salary in New York | $71,403 |
Average Annual Salary for a CFA | $151,889 |
Salary Range | $48,500 - $88,500 |
What You'll Learn
- Tessy Plastics salaries range from $36,500 to $108,500 per year
- The average Tessy Plastics salary is $31.38 an hour or $65,265 per year
- Tessy Plastics salaries in New York are higher than in other states
- Tessy Plastics offers a 401k plan, matching up to 4% of your contribution
- Tessy Plastics employees rely on employer-funded health benefits
Tessy Plastics salaries range from $36,500 to $108,500 per year
The average Tessy salary ranges from approximately $151,889 per year for a CFA. The 401k plan at Tessy Plastics is better than average, with Tessy matching up to 4% of your 401k. The average hourly rate is $20 - $27.
Plastic Pollution: Carbon Footprint of Average Plastic Items
You may want to see also
The average Tessy Plastics salary is $31.38 an hour or $65,265 per year
In some areas, the average Tessy Plastics salary is higher than the national average. For example, in New York, the average salary is $71,403 per year, which is $3,000 more than the national average.
According to Glassdoor, the average Tessy salary ranges from approximately $151,889 per year for a Cfa. However, it's important to note that this data may be based on a small number of responses, and the actual salaries may vary.
Tessy Plastics also offers employer-funded health benefits and a 401k plan that matches up to 4% of an employee's contribution. These benefits can add significant value to an employee's total compensation package.
The Weight of Plastic: How Much Does it Weigh?
You may want to see also
Tessy Plastics salaries in New York are higher than in other states
The wide range of Tessy Plastics salaries across the United States, from as low as $36,500 to as high as $108,500 annually, suggests that there may be opportunities for advancement and increased pay based on skill level, location, and years of experience. The 401k plan at Tessy Plastics is also reportedly better than average, with the company matching up to 4% of employees' 401k contributions.
Battery Packaging Costs: Outer Plastic and Paper
You may want to see also
Tessy Plastics offers a 401k plan, matching up to 4% of your contribution
The 401k plan is a defined contribution plan, which means that both the employee and the employer contribute to the plan. The employee contributes a set percentage of their salary, and the employer matches this contribution up to a certain percentage. In the case of Tessy Plastics, the company will match up to 4% of the employee's contribution. This means that if an employee contributes 4% of their salary to their 401k plan, Tessy Plastics will contribute an additional 4%, for a total contribution of 8%.
This is a significant benefit for employees, as it allows them to save for retirement while also receiving a generous contribution from the company. The 401k plan is a tax-advantaged plan, which means that the contributions are made with pre-tax dollars, and the investments grow tax-deferred until withdrawal. This allows employees to save for retirement while also reducing their taxable income.
The 401k plan at Tessy Plastics is also portable, which means that employees can take their plan with them if they leave the company. This is a great feature, as it allows employees to continue saving for retirement even if they change jobs.
In addition to the 401k plan, Tessy Plastics also offers competitive salaries to its employees. The average salary for a Tessy Plastics employee in the United States ranges from $48,500 to $79,500, with top earners making up to $88,500 annually. The average hourly rate for a Tessy Plastics employee is $20 to $27, with some sources citing an average of $31.38 per hour. This equates to an average annual salary of $65,265, although salaries can range from $36,500 to $108,500 depending on skill level, location, and years of experience.
Repairing Plastic Under Your Car: What's the Cost?
You may want to see also
Tessy Plastics employees rely on employer-funded health benefits
In some areas, Tessy Plastics employees may earn more than the national average. For example, in New York, the average salary is $71,403 per year, which is $3,000 more than the national average.
The 401k plan at Tessy Plastics is also reportedly better than average, with the company matching up to 4% of an employee's 401k. This suggests that Tessy Plastics offers competitive benefits and compensation packages to its employees.
While the specific details of employer-funded health benefits may not be publicly available, it is clear that Tessy Plastics offers a range of benefits and competitive salaries to its employees.
The Cost of Plastic Bricks: How Much Do They Cost?
You may want to see also
Frequently asked questions
Tessy Plastics pays an average of $31.38 an hour.
Tessy Plastics pays an average of $65,265 per year. However, salaries range from $48,500 to $108,500 per year.
Tessy Plastics pays $3 more than the national average annual salary.
Tessy Plastics pays an average of $21 an hour, which is similar to Converse Inc.
Yes, Tessy Plastics offers a 401k plan, which is better than average. Tessy matches up to 4% of your 401k.