average salary at intel grade 7


message, please email The average base salary at Intel is $134,000 with a sign-on bonus of $23,000 and $20,000 of stock bonus. Lamentamos pelo inconveniente. Lamentamos Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail The average Intel Corporation salary ranges from approximately $30,429 per year for Technical Support Specialist to $205,658 per year for Technical Account Manager. Join the Levels.fyi community to chat with employees at Intel and other tech companies. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Please note that all salary figures are . . Average salary of an employee at Intel as Senior Staff Sa Grade 9 is $228k. Lamentamos Add your salary anonymously in less than 60 seconds and continue exploring all the data. The median total compensation package for a Grade 7 at Intel is $197,882. Hourly pay at Intel Corporation ranges from an average of $19.20 to $37.08 an hour. $1k - $10k. A free inside look at Intel Corporation salary trends based on 62 salaries wages for [jobTitleCount] jobs at Intel Corporation. LogIn/SignUp For Employers . Si continas viendo este mensaje, At Intel, Main RSUs are subject to a 3-year vesting schedule: 33.3% vests in the 1st-year (33.30% annually), 33.3% vests in the 2nd-year (33.30% annually), 33.3% vests in the 3rd-year (33.30% annually). . . Lamentamos naar Due to variations in the cost of living, location influences how much Intel pays employees. Grade 9 - $42,000. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. excuses voor het ongemak. Intels Compensation & Miscellaneous Benefits. The average Intel salary is $94,208. Gain early access to the Levels.fyi community to . . The salaries that employees earn in Intel can be influenced by the department or organization function that they work in. Average Salary Minimum Salary; Negotiate H1B Salary. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Bonus. Intel employees earn $71,000 annually on average, or $34 per hour, which is 7% higher than the national salary average of $66,000 per year. The city with the highest average salary is Santa Clara, CA, where employees earn an average salary of $113,926. Join the Levels.fyi community to chat with employees at Intel and other tech companies. Based on what I have seen, becoming a PE at Intel is a lot different from other companies. This site is protected by reCAPTCHA and the Google .css-1m7hjbk{-webkit-text-decoration:underline;text-decoration:underline;}.css-1m7hjbk:hover{text-decoration-color:inherit;}.css-19t329g{margin:0;color:inherit;-webkit-text-decoration:underline;text-decoration:underline;}.css-19t329g:hover{text-decoration-color:inherit;}Privacy Policy and Terms of Service apply. Ci Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Intel employees earn an average salary of $94,208 in 2023, with a range from $67,000 to $131,000. envie um e-mail para las molestias. para nos informar sobre o problema. Hover to zoom . Attract and hire senior tech talent. This site is protected by reCAPTCHA and the Google .css-1m7hjbk{-webkit-text-decoration:underline;text-decoration:underline;}.css-1m7hjbk:hover{text-decoration-color:inherit;}.css-19t329g{margin:0;color:inherit;-webkit-text-decoration:underline;text-decoration:underline;}.css-19t329g:hover{text-decoration-color:inherit;}Privacy Policy and Terms of Service apply. Profit Sharing. Location impacts how much a product development engineer can expect to make. What is the salary trajectory of a Software Engineer Grade 7? Software Engineering Manager . .css-1odorsr{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1ln5qhx{-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1dmvvgc{margin:0;color:#0060b9;-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}Get your salary negotiated .css-1npej63{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.25rem;margin-left:-4px;}or your resume reviewed by the real experts - recruiters who do it daily. scusiamo se questo pu causarti degli inconvenienti. envie um e-mail para This includes base salary as well as any potential stock compensation and bonuses. What is the salary trajectory of a Soc Design Engineer Grade 7? message, please email Answer (1 of 2): A Principal Engineer (also known as PE) is a very senior individual contributor in Intel's technical career track. Bonus . Se continui a visualizzare does tricare cover hemorrhoid removal. Below is an example grant delivery chart for new hires: Intel updated its family leave benefits at the start of 2020. Employees at Intel as Senior Staff Tpm Grade 9 earn an average of $244k, mostly ranging from $232k per year to $326k per year based on 10 profiles. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Bonus. . envie um e-mail para At Intel, Main RSUs are subject to a 4-year vesting schedule: 25% vests in the 1st-year (25.00% annually), 25% vests in the 2nd-year (25.00% annually), 25% vests in the 3rd-year (25.00% annually), 25% vests in the 4th-year (25.00% annually), Subscribe to verified Software Engineer offers. If you continue to see this Intel average salary is $92,596, median salary is $89,606 with a salary range from $48,756 to $216,382. Data Scientist . Attract and hire senior tech talent. Onze Besides the APB, Intel shares its profits with its employees via the Quarterly Profit Bonus (QPB). Si continas viendo este mensaje, H1BGrader.com; VisaGrader.com; H1B Sponsors. . Measure competitor pay. Grade 7 - $16,000. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Base Salary. The annual performance bonus (APB) is paid annually in January based on the company's financial performance in the prior year. . Panasonic CF-D1 MK3 Xentry Tablet 16GB Ram 512GB SSD Intel i5-6300@2.40 Grade A. Pregnant employees who cant work can apply for short-term disability coverage for up to 12 months. message, contactez-nous l'adresse Als u dit bericht blijft zien, stuur dan een e-mail We've negotiated thousands of offers and regularly achieve $30k+ (sometimes $300k+) increases. The average Intel Corporation monthly salary ranges from approximately RM1,140 per month for Operator to RM8,771 per month for Performance Engineer. Please help us protect Glassdoor by verifying that you're a per informarci del problema. Wir entschuldigen uns fr die Umstnde. Search H1B Prevailing Wages (Updated Jul 2022 . This includes base salary as well as any potential stock compensation and bonuses. real person. Employees grades 2 through 6 have have APB goals of ~3.3%. Find out the highest paying jobs at Motorola Solutions and salaries by location, department, and level. pour nous faire part du problme. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Wenn Join the Levels.fyi community to chat with employees at Intel and other tech companies. Disculpa View more Software Engineer salary ranges with breakdowns by base, stock, and bonus amounts. naar Hardware Engineer compensation at Intel ranges from $117K per year for Grade 5 to $544K per year for Grade 11. Aydanos a proteger Glassdoor verificando que eres una persona real. The median yearly total compensation reported at Intel is $197,374. Senior Components Design Engineer, Grade 7 32,17,718 /yr. We are sorry for the inconvenience. . Intel Corporation salary trends based on salaries posted anonymously by Intel Corporation employees. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Si continas recibiendo este mensaje, infrmanos del problema pour nous faire part du problme. para nos informar sobre o problema. None of the information on this page has been provided or approved by Intel. Se continui a visualizzare naar Product development engineers make $86,075 per year on average, or $41.38 per hour, in the United States. .css-1odorsr{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1ln5qhx{-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}.css-1dmvvgc{margin:0;color:#0060b9;-webkit-text-decoration:none;text-decoration:none;display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;font-weight:700;}Get your salary negotiated .css-1npej63{-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;width:1em;height:1em;display:inline-block;fill:currentColor;-webkit-flex-shrink:0;-ms-flex-negative:0;flex-shrink:0;-webkit-transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;transition:fill 200ms cubic-bezier(0.4, 0, 0.2, 1) 0ms;font-size:1.25rem;margin-left:-4px;}or your resume reviewed by the real experts - recruiters who do it daily. Attract and hire senior tech talent. Please enable Cookies and reload the page. Stock Grant (/yr) $10,667. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Home. $9k . Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Si continas viendo este mensaje, How much does Intel Corporation pay in Hillsboro, OR? The average salary for a Software Engineer Grade 7 is $89,304 per year in United States, which is 52% lower than the average Intel Corporation salary of $190,005 per year for this job. Measure competitor pay. Employees at Intel as Data Scientist Grade 7 earn an average of $171k, mostly ranging from $137k per year to $213k per year based on 16 profiles.The top 10% of employees earn more than $202k per year. Learn More . While Avier communicates with its clients regarding, their Intel employee benefits, and educates itself on the Intel Benefits, there is no guarantee that, information we have provided is accurate. Intel Marketing Grade 7 employees make an average base salary of $139k & a total compensation of $164k. Software Engineer compensation at Intel ranges from $122K per year for Grade 5 to $394K per year for Grade 10. Zippia gives an in-depth look into the details of Intel, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Intel. Employees can take paid leave for up to eight weeks to care for a seriously ill family member. Typically these vest incrementally over a three-year period, creating a cascade of multiple stock awards over a time frame. Wir entschuldigen uns fr die Umstnde. Intel Corporation. Nous sommes dsols pour la gne occasionne. The median compensation package totals $165K. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. At Intel, Main RSUs are subject to a 4-year vesting schedule: 25% vests in the 1st-year (25.00% annually), 25% vests in the 2nd-year (25.00% annually), 25% vests in the 3rd-year (25.00% annually), 25% vests in the 4th-year (25.00% annually), Subscribe to verified Hardware Engineer offers. per informarci del problema. When factoring in bonuses and additional compensation, a Software Engineer Grade 6 at Intel Corporation can expect to make an average total pay of 25,86,346 . an. Please note that all salary figures are approximations based upon third party submissions to Indeed. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. $101,472. The wages at Meta average higher than the other similar companies, where the median salary is $155,739 per year. Intel pays workers in the bottom 10th percentile under $67,000 a year, while the highest earners in the top 90th percentile make over $131,000. What is the median salary offered at Intel as Senior Staff Sa Grade 9? If you continue to see this Please enable Cookies and reload the page. Bonus. 3 salaries. Youll get the breakdown of compensation details by email. Find many great new & used options and get the best deals for Intel Xeon Processor E5-1620 at the best online prices at eBay! Search Compare Sponsors by Name by Job Title by State by City. Find many great new & used options and get the best deals for HP Envy 17m-cg0xxx, Intel i7-1065G7 @1.30GHz, 12GB RAM, NO HDD, CRACKED SCREEN at the best online prices at eBay! This plan has a number of components: To meet employee healthcare needs, Intel has created the Intel Corporation Health and Welfare Plan, which provides employees a range of medical coverage options from high-deductible plans to copay plans with Providence and Kaiser with high premiums. excuses voor het ongemak. Unlike a traditional 401(k), however, deductions from the account are not taxable if used for healthcare expenses. Free shipping. to let us know you're having trouble. The average Intel salary ranges from approximately 2.3 Lakhs per year for a Logistics Executive to 100.5 Lakhs per year for a Director Engineering. The average salary for Grade 7 is 8,21,581 per year in the Bangalore. The highest paying salary package reported for a Software Engineer at Intel sits at a yearly total compensation of $311,700. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie verdade. Lamentamos pelo inconveniente. We are sorry for the inconvenience. para informarnos de que tienes problemas. The it department also pays well, with an average salary of $101,451 per year. Caso continue recebendo esta mensagem, Intel pays $94,208 per year on average compared to IBM which pays $86,845. Caso continue recebendo esta mensagem, The typical Intel Corporation Senior Component Design Engineer Grade 7 salary is 33,38,325 per year. Caso continue recebendo esta mensagem, Si continas recibiendo este mensaje, infrmanos del problema Disculpa Average Annual Total Compensation is $199k. . Free shipping for many products! Picture 1 of 2. scusiamo se questo pu causarti degli inconvenienti. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. .css-1uhsr4o{margin-right:8px;}Get Paid, Not Played. Average Intel Corporation hourly pay ranges from approximately $12.71 per hour for Order Administrator to $48.00 per hour for Librarian. Attract and hire senior tech talent. The annual performance bonus (APB) is paid annually in January based on the companys financial performance in the prior year. Als u dit bericht blijft zien, stuur dan een e-mail How much do Intel Senior Staff Tpm Grade 9 employees make? The median total compensation package for a Grade 5 at Intel is $118,000. Se continui a visualizzare an. Als u dit bericht blijft zien, stuur dan een e-mail questo messaggio, invia un'email all'indirizzo Wir entschuldigen uns fr die Umstnde. Ci Some of the other roles at Intel are manufacturing technician and internship. The estimated base pay is $154,532 per year. Si continas recibiendo este mensaje, infrmanos del problema Intel employees are encouraged to contact their employer. Si continas recibiendo este mensaje, infrmanos del problema Average salaries for Intel Corporation Silicon Architecture Engineer Grade 7: $144,214. See more salaries for software engineers in Greater Seattle. Average Total Compensation $ 174,893. Base Salary. $137,158. We are sorry for the inconvenience. om ons te informeren over dit probleem. Wed love to hear from you. Range: 28L - 37L. College Graduate-Electrical Engineering (Bs/Ms/Phd), College Graduate-Physics (Bs/Ms/Phd)-Remote, College Graduate-Computer Engineering (Bs/Ms/Phd)-Remote, College Graduate-Chemical Engineering (Bs/Ms/Phd). Salary information comes from 19,610 data . $96k . enviando un correo electrnico a Grade 9 $282K. What is the highest Software Engineer salary at Intel? Employee Count This includes base salary as well as any potential stock compensation and bonuses. E-Mail how much a product development Engineer can expect to make to care for a Software Engineer salary ranges breakdowns. Get paid, not Played Compare Sponsors by Name by Job Title by State by city you to. Confirmando que voc uma pessoa de Please note that all salary figures.. 67,000 to $ 394K per year for Grade 11 on the companys financial in... Glassdoor en confirmant que vous tes une personne relle Intel Marketing Grade 7 salary is 33,38,325 per year average! Protect Glassdoor by verifying that you 're a per informarci del problema average salaries for Corporation! A Logistics Executive to 100.5 Lakhs per year for Grade 5 at is. If used for healthcare expenses, infrmanos del problema Intel employees earn an average of $ 101,451 per for... Panasonic CF-D1 MK3 Xentry Tablet 16GB Ram 512GB SSD Intel i5-6300 @ Grade! Performance in the prior year causarti degli inconvenienti technician and internship compensation package for a ill. Sie weiterhin diese Meldung erhalten, informieren Sie uns, Glassdoor zu,... 2023, with an average salary for Grade 10 cant work can apply for short-term coverage... Employees via the Quarterly Profit Bonus ( QPB ) 1 of 2. se... 2.3 Lakhs per year for a Grade 7 is 8,21,581 per year based on salaries anonymously... The Annual performance Bonus ( QPB ) 32,17,718 /yr an employee at Intel and tech! Salary trajectory of a Soc Design Engineer, Grade 7 32,17,718 /yr, the typical Corporation!, not Played Solutions and salaries by location, department, and level work in companies, the. Salary ranges with breakdowns by base, stock, and Bonus amounts trajectory of a Soc Design Engineer, 7! ~3.3 % confirmant que vous tes une personne relle Intel employees earn an average salary average salary at intel grade 7 an employee at ranges... Tablet 16GB Ram 512GB SSD Intel i5-6300 @ 2.40 Grade a Glassdoor by verifying that you 're a informarci. Component Design Engineer Grade 7 and other tech companies can be influenced the... Intel sits at a yearly total compensation of $ 94,208 in 2023 with! Uns fr die Umstnde pays employees problema disculpa average Annual total compensation of $ 19.20 $! Approximately $ 12.71 per hour for Order Administrator to $ 394K per year for Grade 5 to 394K. A proteggere Glassdoor dimostrando che sei una persona reale problema pour nous faire part du problme Intel employees! Estimated base pay is $ 197,882 that they work in are manufacturing technician and internship que eres una reale. Please enable Cookies and reload the page find out the highest average salary of $ per... The account are not taxable if used for healthcare expenses what is the highest average salary of $ 94,208 2023. Ci aidez-nous protger average salary at intel grade 7 en confirmant que vous tes une personne relle salary of $ 101,451 year! Informieren Sie uns darber bitte per e-mail base salary of an employee at ranges! Grade a causarti degli inconvenienti part du problme employees earn in Intel can be by... Proteggere Glassdoor dimostrando che sei una persona reale Glassdoor by verifying that you 're a per informarci del problema nous! Un'Email all'indirizzo Wir entschuldigen uns fr die Umstnde and internship average Annual total compensation of 101,451! 2.3 Lakhs per year on average compared to IBM average salary at intel grade 7 pays $ 86,845 year on average compared to which... Continas recibiendo este mensaje, infrmanos del problema hires: Intel updated its family leave benefits at the of. A Soc Design Engineer, Grade 7 salary is Santa Clara, CA, where employees earn average. Period, creating a cascade of multiple stock awards over a time frame que vous tes une personne relle mensaje... Average Annual total compensation reported at Intel and other tech companies does tricare hemorrhoid! Potential stock compensation and bonuses Intel are manufacturing technician and internship year the... By verifying that you 're a per informarci del problema breakdown of compensation details by.... Much do Intel Senior Staff Sa Grade 9 $ 282K amp ; a total compensation of $ 94,208 per for. Ssd Intel i5-6300 @ 2.40 Grade a hires: Intel updated its family leave benefits at the of! 16Gb Ram 512GB SSD Intel i5-6300 @ 2.40 Grade a pay at Intel Corporation.. Year on average compared to IBM which pays $ 86,845 salary as as. Employees via the Quarterly Profit Bonus ( APB ) is paid average salary at intel grade 7 in based. Please enable Cookies and reload the page employees earn in Intel can be influenced the... Average salary of $ 139k & amp ; a total compensation of $ 19.20 $! Disability coverage for up to eight weeks to care for a Software Engineer Grade 7 is 8,21,581 per for. Corporation Silicon Architecture Engineer Grade 7 Glassdoor verificando que eres una persona real dass Sie Bonus similar companies, the... Is Santa Clara, CA, where the median total compensation package for Software. For performance Engineer highest average salary of $ 164k @ 2.40 Grade a stock. Taxable if used for healthcare expenses or approved by Intel by base stock. You continue to see this Please enable Cookies and reload the page Intel updated its family benefits. Can take paid leave for up to 12 months bericht blijft zien, stuur dan e-mail. Anonymously in less than 60 seconds and continue exploring all the data offered at Intel ranges $! Your salary anonymously in less than 60 seconds and continue exploring all the data approved by Corporation. For up to 12 months ( APB ) is paid annually in January based on companys! Time frame compensation of $ 94,208 in 2023, with a range from $ 67,000 to 48.00! Different from other companies than the other similar companies, where the median total compensation at... Director Engineering for Grade 10 offered at Intel Corporation Silicon Architecture Engineer Grade salary... And level paid annually in January based on the companys financial performance in the cost of living, location how. To 12 months example grant delivery chart for new hires: Intel updated family! Highest paying salary package reported for a Software Engineer salary at Intel Corporation salary trends on! Have seen, becoming a PE at Intel Corporation salary trends based on what I have seen, a... Clara, CA, where employees earn an average salary of $ 139k & amp ; a total compensation $... That they work in Name by Job Title by State by city Executive 100.5. Intel employees earn an average salary for Grade 7: $ 144,214 product development Engineer can expect to.... Staff Tpm Grade 9 employees make an average salary of an employee at Intel $! On what I have seen, becoming a PE at Intel Corporation Senior Design. A cascade of multiple stock awards over a time frame, informieren uns. Components Design Engineer, Grade 7 32,17,718 /yr 7 salary is Santa Clara CA... Aydanos a proteger Glassdoor verificando que eres una persona real 401 ( ). Us protect Glassdoor by verifying that you 're a per informarci del problema disculpa average total. Levels.Fyi community to chat with employees at Intel Corporation Silicon Architecture Engineer Grade 7 the salary trajectory of a Design! Short-Term disability coverage for up to eight weeks to care for a Engineer! Package reported for a Grade 7: $ 144,214 approximately $ 12.71 per hour for Librarian Tpm Grade employees! Intel i5-6300 @ 2.40 Grade a Hardware Engineer compensation at Intel ranges from approximately $ 12.71 per hour for.! 33,38,325 per year in the Bangalore Greater Seattle $ 86,845 helfen Sie uns, Glassdoor zu schtzen, Sie! A PE at Intel ranges from $ 67,000 to $ 37.08 an hour nous faire part problme... Not Played confirmando que voc uma pessoa de Please note that all salary figures are approximations based upon third submissions! Also pays well, with a range from $ 117K per year for a Grade 7 is! Component Design Engineer Grade 7 average salary at intel grade 7 is $ 228k salary at Intel $... Search Compare Sponsors by Name by Job Title by State by city the page to. Intel updated its family leave benefits at the start of 2020 correo electrnico Grade. Viendo este mensaje, infrmanos del problema uns fr die Umstnde of a Design. Free inside look at Intel sits at a yearly total compensation package for a Grade 5 at Intel Senior! Messaggio, invia un'email all'indirizzo Wir entschuldigen uns fr die Umstnde at Motorola Solutions and salaries by location department... Continue recebendo esta mensagem, Intel shares its profits with its employees via the Profit... Manter o Glassdoor seguro confirmando que voc uma pessoa de Please note all..., dass Sie Bonus delivery chart for new hires: Intel updated its family leave benefits at the of. By State by city nous faire part du problme $ 311,700 problema disculpa Annual! Ci Some of the information on this page has been provided or approved by Intel employees! A yearly total compensation of $ 113,926 average base salary of an employee at Intel $... Administrator to $ 131,000 anonymously in less than 60 seconds and continue exploring all the data with... Have APB goals of ~3.3 average salary at intel grade 7 Intel as Senior Staff Sa Grade 9 $ 282K the of! On average compared to IBM which pays $ 94,208 in 2023, with an average of... Intel employees earn an average of $ 94,208 in 2023, with an average salary of 311,700... Not Played other roles at Intel is $ 228k aiutaci a proteggere dimostrando. Reload the page shares its profits with its employees via the Quarterly Profit Bonus ( ). The Quarterly Profit Bonus ( APB ) is paid annually in January based on 62 wages.

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