Someone who knows the stock market world or has a good understanding of the big gamers in the industry, would know how good the Dow 30 companies are and what they mean in the stock market universe.
As of now, there are many Dow 30 companies operating in the industry but some are now paying people better than others. While there are certain companies that fare better than the others, these top 12 Dow 30 companies are those that pay above average salaries to their employees.
Dow 30 Companies That Pay Their Employees Above Average Salaries
While there are many Dow 30 companies operating that pay their employees medium level salaries, 12 companies are still there who pay their employees upper income salaries. These are:
Exxon Mobil Corporation, (XOM)
Exxon Mobil ( XOM 74.35 -0.33 -0.44% ) is a name that nobody can forget in today’s age and time. Exxon Mobil is a giant in the industry that pays its employees a whopping $161,562 in salaries, making it fall in the upper bracket range easily.
Chevron Corporation, (CVX)
Chevron Corporation ( CVX 120.81 -0.10 -0.08% ) is an American multi-national energy corporation. Head quartered in California, Chevron Corporation is another Dow 30 company that pays high to its employees, a whopping $137,849. The company falls behind Exxon Mobil but still categorizes in the high ranks.
Goldman Sachs Group Inc., (GS)
If we are talking about Wall Street and stocks, a name that we cannot forget is Goldman Sachs Groups. ( GS 191.66 +0.21 +0.11% ). Goldman is a giant in the Wall Street world and it has been reported that it is one of the 12 Dow 30 companies that pays its employees upper level income. Reportedly, the company pays $135,165 per annum.
Verizon Communications Inc., (VZ)
Verizon Communications ( VZ 57.32 -0.31 -0.54% ) is a giant in the mobile and telecom world. Sources reveal that the company is not just a giant in terms of its structure and operations but also known for the fact that it pays a decent amount to its employees. Reports reveal that the company pays $126,623 to its employees, making it another top 12 Dow 30 Company.
Boeing Co., (BA)
A giant in the air industry, Boeing Co. ( BA 347.16 -1.70 -0.49% ) has a high reputation and ranking amongst other names in the industry. It has been there for a very long time and now, sources reveal that it is a high payer in terms of employee incomes as well. According to reports, Boeing Co. pays its employees $111,204, behind Verizon but higher than many other big names in the industry such as Intel and others.
Intel Corporation, (INTC)
Intel ( Intel Corporation 47.92 +1.79 +3.88% ) is a name that does not need any introduction. A giant in the tech world, Intel is another Dow 30 company that pays its employees $102,100’s, making it categorize as an upper level income company.
Pfizer Inc./ Merck & Co. Inc., (PFE), (MRK)
Pfizer ( PFE 43.50 +0.43 +1.00% ) and Merck ( MRK 85.36 +0.87 +1.03% ) are two other big names in the pharmaceutical industry. These companies have also made it to the list of top 12 Dow 30 companies for they pay their employees quite decent as well. Pfizer is reportedly paying its employees $89,206 whereas Merck is just behind, giving its employees $82,173.
Travelers Companies Inc., (TRV)
A big name in the traveling world, Travelers Companies Inc., ( TRV 151.48 -0.71 -0.47% ) is known to pay its employees well, above normal companies, which makes it a 12 Dow 30 Company. Reportedly, the company pays $99,004 to its employees, making it a high contender amongst all the other 12 names in the list as well.
Aside from these companies, other companies that have made it to the list include DowPuPont Inc. (DWDP), JPMorgan Chase & Co. (JPM) and United Technologies Corporation, (UTX), all which pay their employees a respective $78,835, $77,799 and $72,433.