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Working At Altair Engineering

Zippia Score 4.4

Altair Engineering overview

Altair Engineering Inc. is an American multinational information technology company headquartered in Troy, Michigan.
The staff at Altair Engineering come from unusually diverse demographic backgrounds. The company is 31.3% female and 44.8% ethnic minorities. Altair Engineering employees are more likely to be members of the Democratic Party than the Republican Party, with 64.3% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Altair Engineering is relatively high. Employees at Altair Engineering stay with the company for an average of 2.5 years before leaving. The average employee at Altair Engineering makes $86,580 per year. In comparison, some of its highest paying competitors, like ANSYS, Stone & Webster Overseas Group, and Infinite Solutions, pay $93,918, $92,138, and $88,761, respectively.
Based in Troy, Michigan, Altair Engineering is an industry leader with 15,000 employees and an annual revenue of $1.1B.

Industry

Professional Services

Revenue

$1.1B

Employees

15,000

Founded in

1985

Headquarters

Troy, MI

Website

altair.com

Website

altair.com

Organization Type

Public

Is This Your Company?

The team at Altair Engineering

Key People
  • Richard Hart (Director)
  • Jan Kowal (Director)
  • James Scapa (Executive Officer, Director)
  • James Brancheau (Director)
  • Howard Morof (Executive Officer)
  • Trace Harris (Director)
  • Steve Earhart (Director)
  • Brett Chouinard (Executive Officer)

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Altair Engineering Rankings

Altair Engineering is ranked #20 on the Best Professional Companies to Work For in Michigan list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Altair Engineering Salaries

How much does Altair Engineering pay?
The national average salary for an Altair Engineering employee in the United States is $86,580 per year. Employees in the top 10 percent can make over $111,000 per year, while employees at the bottom 10 percent earn less than $67,000 per year.
8.5
Salary Score
Average Employee Earnings

Altair Engineering Salaries By Job Title

The average employee at Altair Engineering earns a yearly salary of $86,580 per year, but different jobs can earn drastically different salaries. The higher paying positions at Altair Engineering include Software Development Manager, Business Developer, Web Developer, and Data Scientist. A typical Software Development Manager salary at Altair Engineering is $147,171 per year. To get a better sense of the salaries at Altair Engineering, other roles such as Engineer and Analyst can be considered as well. For comparison, the title Engineer at Altair Engineering earns $80,315 per year.

Altair Engineering careers

On average, employees at Altair Engineering stay with the company for 2.5 years. Employees most commonly join Altair Engineering after leaving General Motors. When they leave Altair Engineering, they most frequently get their next job at Ford Motor Company.

Average Length of Employment
ABB3.8 years

Altair Engineering

2.5 years
Bartech Group2.4 years
Belcan2.0 years
Top Employers Before Altair Engineering
Kellogg5.5 %
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Top Employers After Altair Engineering
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Altair Engineering Employee Political Affiliation

Altair Engineering employees are most likely to be members of the Democratic Party. The largest donation made to a political party by an Altair Engineering employee was by William Lager. William Lager donated $19,800 to the Republican Party.

Democratic Party

64.3 %

Republican Party

32.1 %

Other

3.6 %

Employee Political Donations

NameDonation
William LagerChief Executive Officer
$19,800Republican Party
IAN StockdaleEngineering Manager
$14,485Democratic Party
Faysal SohailChairperson
$7,700Democratic Party
Bankim DesaiSenior Engineer
$5,400Democratic Party
Joseph MormandoAviation Consultant
$3,750Republican Party
Peter MassetOwner
$1,700Republican Party
Stephen GombosiSoftware Engineer
$1,250Democratic Party
Peter Masset JrPresident
$1,000Republican Party
Nader SafaReal Estate Developer
$1,000Democratic Party
Edmond SmithEngineer
$750Democratic Party
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Altair Engineering Financial Performance

7.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1985

Organization type

Public

Altair Engineering Financing Rounds

DateAmount
Oct 5, 2017Equity
$5,051,637

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Altair Engineering Subsidiaries

Subsidiaries to Altair Engineering include Datawatch and Panopticon Gallery. Employees at the parent company, Altair Engineering, earn $86,580. In comparison, the salaries at Datawatch and Panopticon Gallery are $82,830 and $43,359.
Company
DatawatchInternet Software & Services

Avg: $82,830

Panopticon GalleryHousehold Durables

Avg: $43,359

Altair Engineering Competitors

Some of the competitors of Altair Engineering are ANSYS, Stone & Webster Overseas Group Inc., and Infinite Solutions. The wages at ANSYS average higher than the other similar companies, where the median salary is $93,918 per year. The employees at Stone & Webster Overseas Group Inc. earn an average yearly salary of $92,138 per year, and the salaries at Infinite Solutions average $88,761 per year.

Frequently Asked Questions about Altair Engineering

When was Altair Engineering founded?

Altair Engineering was founded in 1985.

How many Employees does Altair Engineering have?

Altair Engineering has 15,000 employees.

How much money does Altair Engineering make?

Altair Engineering generates $1.1B in revenue.

What industry is Altair Engineering in?

Altair Engineering is in the professional services industry.

What type of company is Altair Engineering?

Altair Engineering is a public company.

Who are Altair Engineering's competitors?

Altair Engineering competitors include Belcan, Bartech Group, ABB, Info Tech, Atkins, Project, RESOURCES GROUP, ANSYS, ETL Semko Intertek Testing SERV NA, The Standard, G-TECH Services, Inc., Stone & Webster Overseas Group Inc., Enercon Services, Vertex, Technosoft, CPM, Infinite Solutions, Code, Byers Engineering, The Rogers Company.

Who works at Altair Engineering?

Richard Hart (Director)

Jan Kowal (Director)

James Scapa (Executive Officer, Director)

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Where is Altair Engineering's headquarters?

Altair Engineering's headquarters is in Troy, MI.

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Zippia gives an in-depth look into the details of Altair Engineering, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Altair Engineering. The employee data is based on information from people who have self-reported their past or current employments at Altair Engineering. 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. The data presented on this page does not represent the view of Altair Engineering and its employees or that of Zippia.