Otis Elevator Company overview

The Otis Elevator Company is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.
The staff at Otis Elevator Company come from unusually diverse demographic backgrounds. The company is 31.1% female and 39.8% ethnic minorities. Despite its diversity in other areas, Otis Elevator Company employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 68.1%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Otis Elevator Company has great employee retention with staff members usually staying with the company for 4.3 years. The average employee at Otis Elevator Company makes $54,037 per year. In comparison, some of its highest paying competitors, like ABB, Lord, and IMC Companies, pay $75,668, $63,565, and $58,049, respectively.
Based in Connecticut, Otis Elevator Company is an industry leader with 68,078 employees and an annual revenue of $12.3B.

The Organization’s Mission

We intend to be the recognized leader in service excellence among all companies-not just elevator companies-worldwide. We will inspire our customers' total confidence through exceptional service that earns us 100 percent of their business, 100 percent of the time.

Industry

Transportation

Revenue

$12.3B

Employees

68,078

Founded in

1853

Headquarters

Farmington, CT

Website

otis.com

Organization Type

Private

Is This Your Company?

The team at Otis Elevator Company

Key People
  • Elisha Otis (founder)

Otis Elevator Company Reviews

Zippia Official Logo

5.0

Zippia UserMay 2020

5.0

Zippia Official LogoZippia UserMay 2020

What Do You Like About Working There?

The people I worked with are great. Show More

What Are Your Favorite Benefits/Perks?

Work life balance encouraged. Mentors everywhere Show More
Zippia Official Logo

4.0

Zippia UserMarch 2020

4.0

Zippia Official LogoZippia UserMarch 2020

What Do You Like About Working There?

friendly vibes Show More

What DON'T You Like About Working There?

Hazardous environment, insufficient pay compared to amount of work you do, no shortcut, stand in one spot 8 hours a day, 5 times a week doing heavy lifting work non stop bending over and if you mess up although you make thousands of elevator doors you’ll be reprimanded each one has to be perfect Show More
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Otis Elevator Company Rankings

Otis Elevator Company is ranked #59 on the Best Transportation Companies to Work For in America 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.

Read more about how we rank companies.

Otis Elevator Company Salaries

How much does Otis Elevator Company pay?
The national average salary for an Otis Elevator Company employee in the United States is $54,037 per year. Employees in the top 10 percent can make over $94,000 per year, while employees at the bottom 10 percent earn less than $30,000 per year.
8.6
Salary Score
Average Employee Earnings

Otis Elevator Company Salaries By Job Title

While the average employee salary at Otis Elevator Company is $54,037, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Otis Elevator Company include Manager, Systems Engineering, Team Leader, Staff Analyst, and Senior Associate. A typical Manager, Systems Engineering salary at Otis Elevator Company is $105,504 per year. Other roles at Otis Elevator Company include Assembly Line Worker and Assembler. A Assembly Line Worker at Otis Elevator Company earns an average yearly salary of $21,717.

Otis Elevator Company careers

On average, employees at Otis Elevator Company stay with the company for 4.3 years. Employees most commonly join Otis Elevator Company after leaving US Army. When they leave Otis Elevator Company, they most frequently get their next job at Thyssenkrupp Elevator Americas.

Average Length of Employment

Otis Elevator Company

4.3 years
J & D3.0 years
Top Employers Before Otis Elevator Company
US Army12.4 %
Kone11.5 %
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Top Employers After Otis Elevator Company
Kone15.1 %
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Otis Elevator Company Financial Performance

8.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1853

Organization type

Private

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Otis Elevator Company Competitors

Based on our research, similar companies to Otis Elevator Company are ABB, Lord, and IMC Companies. The average salaries at ABB rank the highest, with their employees earning an average salary of $75,668 per year. The salaries at Lord average $63,565 per year, and the salaries at IMC Companies come in at $58,049 per year.
Company
Average Salary
$75,668
$76k
$63,565
$64k
$56,695
$57k
$56,338
$56k
$47,632
$48k

Frequently Asked Questions about Otis Elevator Company

When was Otis Elevator Company founded?

Otis Elevator Company was founded in 1853.

How many Employees does Otis Elevator Company have?

Otis Elevator Company has 68,078 employees.

How much money does Otis Elevator Company make?

Otis Elevator Company generates $12.3B in revenue.

What industry is Otis Elevator Company in?

Otis Elevator Company is in the transportation industry.

What is Otis Elevator Company's mission?

Otis Elevator Company's mission statement is "We intend to be the recognized leader in service excellence among all companies-not just elevator companies-worldwide. We will inspire our customers' total confidence through exceptional service that earns us 100 percent of their business, 100 percent of the time."

What type of company is Otis Elevator Company?

Otis Elevator Company is a private company.

Who are Otis Elevator Company's competitors?

Otis Elevator Company competitors include Schindler Elevator, Applied Industrial Technologies, J & D, Optimum, ABB, Serco, Carrier, ATS, Lynx, US Airways, Maersk Line, EMS, Lord, Minnesota, Corporate Express US, OHM, Magnum Companies, MSS, IMC Companies, Vantage.

Who works at Otis Elevator Company?

Elisha Otis (founder)

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You can find out what it is like to work at Otis Elevator Company, also known as OTIS ELEVATOR CO, Otis Elevator and Otis Elevator Company.

Zippia gives an in-depth look into the details of Otis Elevator Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Otis Elevator Company. The employee data is based on information from people who have self-reported their past or current employments at Otis Elevator Company. 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 Otis Elevator Company and its employees or that of Zippia.