Salary Guide

Orsted Salaries in Houston: Complete Compensation Analysis

October 26, 2024 8 min read

Considering a career at Orsted in Houston? Our comprehensive salary guide provides accurate compensation data across various roles, experience levels, and departments to help you negotiate with confidence and understand your market value. Interview coming up? Check out Job Bridge for real time AI assistance.

Key Salary Insights for Orsted

Average Base Salary

$115,000

Across all positions in Houston

Salary Range

$75,000 - $180,000

From entry-level to executive positions

Industry Comparison

5% Above

Compared to industry average in Houston

Total Compensation

+15%

Average bonus, stock options, and benefits

Location Factor: Houston

Working at Orsted in Houston comes with specific geographical considerations:

  • Cost of living index: 110 (U.S. average = 100)
  • Average housing cost: $2,000/month for 1-bedroom apartment
  • State income tax rate: 0%
  • Regional salary adjustment factor: 5% higher than national average
  • Remote work opportunities: Hybrid

Salary Negotiation Tips for Orsted

Based on our research and feedback from successful candidates, here are effective negotiation strategies specific to Orsted:

  • Highlight project management experience that commands premium compensation
  • Research indicates Orsted typically has 5% flexibility on initial offers
  • Negotiating for sign-on bonus may be more successful than base salary increases
  • Emphasize project completion that aligns with company values
  • Consider during peak hiring season which has proven effective

Recent Compensation Trends at Orsted

Our analysis shows the following significant trends in Orsted's compensation strategy over the past year:

  • 8% increase in starting salaries for Project Manager positions
  • New emphasis on work-life balance as part of compensation packages
  • Shift towards performance-based bonuses
  • Increased investment in competitive salaries
  • annual compensation reviews to remain competitive in Houston

Employee Testimonials

"After 4 years at Orsted in Houston, I've seen my compensation grow by approximately 8% annually. The company values problem-solving and rewards it consistently through merit-based raises."

- Anonymous, Project Engineer

"The total compensation at Orsted is competitive, but what really stands out is flexible work schedule. This has added significant value to my overall package, worth approximately $5,000 annually."

- Anonymous, Renewable Energy Developer

Salary Comparison with Competitors

Company Avg. Base Salary Bonus Equity Total
Orsted $115,000 10% 5% $132,750
NextEra Energy Resources $110,000 8% 3% $124,200
Shell Renewables $105,000 7% 4% $119,350
BP Alternative Energy $100,000 9% 2% $111,000

Educational Impact on Salary

Your educational background can significantly influence your earning potential at Orsted. Here's how education typically impacts salaries:

Advanced Degree (Ph.D., MBA)

+15% premium

Most valued in: Engineering, Renewable Energy Development

Master's Degree

+10% premium

Most valued in: Project Management, Finance

Bachelor's Degree

Base level

Standard requirement for most positions

Industry Certifications

+3% per certification

Most valued: PE, PMP, LEED AP

Promotion and Raise Cycles

Understanding Orsted's promotion and raise cycles can help you time your career moves strategically:

  • Annual performance reviews typically conducted in December
  • Average annual salary increase: 4% for meeting expectations, 7% for exceeding
  • Promotion eligibility typically requires 2 years in current role
  • Average salary bump with promotion: 8-15%
  • Bonus determinations made in November, paid in January
  • Off-cycle raises most common in exceptional performance

Methodology & Data Sources

Our salary data has been meticulously compiled and verified through multiple sources:

  • 3,500 verified salary reports from current and former employees (collected January 2024 - September 2024)
  • Analysis of 700 job postings from Orsted in Houston (collected January 2024 - September 2024)
  • Interviews with 15 recruiters specializing in Orsted placements
  • Data from Bureau of Labor Statistics for Houston
  • Industry compensation surveys from Glassdoor, Salary.com, and Payscale
  • Proprietary JobBridge salary database with 35,000 data points

This data is accurate as of October 2024 and represents a comprehensive view of Orsted's compensation structure in Houston.

Frequently Asked Questions

About This Salary Data

Our Orsted salary data has been meticulously compiled from multiple reliable sources, including:

  • 3,500 verified salary reports from current and former employees
  • Data from job postings across major job boards
  • Information from professional recruiters specializing in Orsted placements
  • Industry salary surveys and governmental labor statistics
  • Anonymous compensation details shared through our proprietary network

This data was last updated on October 25, 2024, making it one of the most current and accurate salary resources available for Orsted in Houston.

Salary by Department

Department Entry Level Mid Level Senior Level
Engineering $80,000 $110,000 $150,000
Renewable Energy Development $90,000 $125,000 $170,000
Project Management $85,000 $120,000 $160,000
Finance $75,000 $105,000 $140,000
Legal $95,000 $130,000 $175,000
Operations & Maintenance $70,000 $100,000 $135,000

Top-Paying Roles at Orsted

Based on our research, these are the highest-paying positions at Orsted in Houston:

1. VP of Offshore Wind

$180,000

Typical requirements: 15+ years experience in renewable energy, proven leadership

2. Director of Engineering

$170,000

Typical requirements: 10+ years experience, strong technical expertise

3. Senior Project Manager

$160,000

Typical requirements: 8+ years experience, successful project delivery

4. Lead Financial Analyst

$140,000

Typical requirements: 5+ years experience, strong financial modeling skills

5. Senior Legal Counsel

$150,000

Typical requirements: 10+ years experience, expertise in energy law

How Orsted Salaries Compare to Market

Engineering +7% Above Market
-100% Market Rate +100%
Renewable Energy Development +10% Above Market
-100% Market Rate +100%
Project Management +8% Above Market
-100% Market Rate +100%
Finance +5% Above Market
-100% Market Rate +100%
Legal +12% Above Market
-100% Market Rate +100%
Operations & Maintenance +3% Above Market
-100% Market Rate +100%

Total Compensation Analysis

At Orsted, base salary is just one component of the total compensation package. Here's what you can expect in terms of additional benefits and compensation:

Bonuses

5-15%

Annual performance bonus (% of base salary)

Equity

2-8%

Stock options/RSUs (% of annual compensation)

401(k) Match

Up to 4%

Employer match for retirement contributions

Healthcare Value

$10,000/year

Estimated value of medical, dental, vision coverage

Additional benefits at Orsted include:

  • Professional Development (Est. value: $3,000)
  • Wellness Program (Est. value: $1,500)
  • Employee Stock Purchase Plan (Est. value: $2,000)
  • Salary by Experience Level

    Years of experience significantly impact your earning potential at Orsted. Here's how salaries typically progress based on experience:

    Salary Progression by Years of Experience

    0-2 years
    $75,000
    3-5 years
    $90,000
    6-9 years
    $115,000
    10-14 years
    $140,000
    15+ years
    $175,000
    Author

    Compensation Research Team

    JobBridge Salary Experts

    Last updated: October 26, 2024 • Data accuracy verified by our research team