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At Putnam Investments, employees can expect a diverse range of salaries depending on their roles and departments. The average salary across the company is $90,219, but this figure can vary considerably. For instance, the highest-paying role, senior software engineer, commands an impressive $155,430 annually. Other high-paying positions include investment associates at $139,965 and technical experts earning around $135,600.
Salary averages differ significantly by department. The engineering department leads with an average salary of $129,540, followed by IT, where employees earn around $115,451. Conversely, customer service roles tend to pay less, averaging $55,816, while administrative positions earn about $70,838.
When comparing salaries at Putnam Investments with those at competitors like Pacific Investment Management Company LLC and Goldman Sachs, there is a notable difference. Pacific Investment Management offers an average salary of $132,360, while Goldman Sachs employees earn $108,830 on average. This information can provide valuable context for job seekers evaluating their options.
The highest paying jobs at Putnam Investments are senior software engineer, investment associate, technical expert, and senior administrator. Senior software engineer jobs at Putnam Investments earn an average yearly salary of $155,430, Putnam Investments investment associate jobs average $139,965, and Putnam Investments technical expert jobs average $135,600.
The lowest paying Putnam Investments roles include processor and internship. Putnam Investments processor average salary is $32,006 per year. So while the average Putnam Investments salary is $90,219 there is a big variation in pay depending on the role.
| Rank | Job title | Average Putnam Investments salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Software Engineer | $155,430 | $74.73 |
| 2 | Investment Associate | $139,965 | $67.29 |
| 3 | Technical Expert | $135,600 | $65.19 |
| 4 | Senior Administrator | $133,084 | $63.98 |
| 5 | Team Leader | $130,930 | $62.95 |
| 6 | Project Manager | $129,199 | $62.11 |
| 7 | Java/J2ee Developer | $126,105 | $60.63 |
| 8 | Business Analyst | $125,141 | $60.16 |
| 9 | Client Services Manager | $123,115 | $59.19 |
| 10 | Operation Supervisor | $122,991 | $59.13 |
| 11 | Product Specialist | $122,266 | $58.78 |
| 12 | Java Developer | $121,340 | $58.34 |
| 13 | Account Officer | $119,210 | $57.31 |
| 14 | Accounting Supervisor | $117,764 | $56.62 |
| 15 | Portfolio Accountant | $114,643 | $55.12 |
| 16 | Marketing Representative | $111,937 | $53.82 |
| 17 | Consultant | $111,589 | $53.65 |
| 18 | Finance Advisor | $106,006 | $50.96 |
| 19 | Executive Assistant | $103,612 | $49.81 |
| 20 | Technology Coordinator | $97,816 | $47.03 |
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| Rank | Location | Average Putnam Investments salary | Hourly rate |
|---|---|---|---|
| 1 | Boston, MA | $105,677 | $50.81 |
| 2 | San Francisco, CA | $97,250 | $46.75 |
| 3 | Sparta, GA | $79,960 | $38.44 |
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Salaries at Putnam Investments vary depending on the department you work in. Putnam Investments salaries in the engineering department are the highest with an average salary of $129,540. Employees in the it department at Putnam Investments receive relatively high salaries as well, with an average salary of $115,451 per year. Departments that don't pay as well at Putnam Investments include the customer service and the administrative organizational functions, with employees earning average salaries of $55,816 and $70,838, respectively.
| Rank | Department | Average Putnam Investments salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $129,540 | $62.28 |
| 2 | IT | $115,451 | $55.51 |
| 3 | Finance | $113,266 | $54.45 |
| 4 | Marketing | $109,349 | $52.57 |
| 5 | Retail | $106,915 | $51.40 |
| 6 | Sales | $101,207 | $48.66 |
| 7 | Accounting | $100,879 | $48.50 |
| 8 | Plant/Manufacturing | $95,622 | $45.97 |
| 9 | Human Resources | $77,539 | $37.28 |
| 10 | Administrative | $70,839 | $34.06 |
| 11 | Customer Service | $55,816 | $26.83 |
| Rank | Position | Average Putnam Investments salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Operations Supervisor | $103,393 | $49.71 |
| 2 | Manager, Center Operations | $99,381 | $47.78 |
| 3 | Client Services Administrator | $94,195 | $45.29 |
| 4 | Support Supervisor | $87,830 | $42.23 |
| 5 | Client Service Specialist | $80,863 | $38.88 |
| 6 | Correspondence Specialist | $51,172 | $24.60 |
| 7 | Service Representative | $44,104 | $21.20 |
| 8 | Call Center Representative | $28,102 | $13.51 |
| Rank | Position | Average Putnam Investments salary | Hourly rate |
|---|---|---|---|
| 1 | Vice President And Portfolio Manager | $185,821 | $89.34 |
| 2 | Lead Portfolio Manager | $165,064 | $79.36 |
| 3 | Investment Associate | $139,965 | $67.29 |
| 4 | Trading Assistant | $129,293 | $62.16 |
| 5 | Investment Banking Internship | $121,985 | $58.65 |
| 6 | Account Officer | $119,210 | $57.31 |
| 7 | Senior Loan Processor | $114,489 | $55.04 |
| 8 | Consultant | $111,589 | $53.65 |
| 9 | Finance Advisor | $106,006 | $50.96 |
| 10 | Analyst | $89,352 | $42.96 |
| 11 | Retirement Specialist | $86,817 | $41.74 |
| 12 | Retirement Plan Specialist | $80,529 | $38.72 |
| 13 | Finance Internship | $56,162 | $27.00 |
| 14 | Account Processor | $54,401 | $26.15 |
| Rank | Position | Average Putnam Investments salary | Hourly rate |
|---|---|---|---|
| 1 | Senior Software Engineer | $155,430 | $74.73 |
| 2 | Application Manager | $147,651 | $70.99 |
| 3 | Manager, Software Quality Assurance | $147,358 | $70.85 |
| 4 | Architect | $147,004 | $70.68 |
| 5 | Project Leader | $145,390 | $69.90 |
| 6 | Senior Java Developer | $142,854 | $68.68 |
| 7 | Project Engineering Manager | $140,614 | $67.60 |
| 8 | Database Consultant | $137,016 | $65.87 |
| 9 | Consultant-Application Development | $135,116 | $64.96 |
| 10 | Oracle Database Administrator | $132,070 | $63.50 |
| 11 | Java/J2ee Developer | $126,105 | $60.63 |
| 12 | SAP Consultant | $121,750 | $58.53 |
| 13 | Supervisor Of Communications | $121,232 | $58.28 |
| 14 | Data Analyst | $118,902 | $57.16 |
| 15 | Technical Associate | $112,183 | $53.93 |
| 16 | Conversion Specialist | $109,269 | $52.53 |
| 17 | Processing Specialist | $105,955 | $50.94 |
| 18 | Programmer Analyst | $95,714 | $46.02 |
| 19 | Process Engineer Internship | $64,520 | $31.02 |
Average salaries at Putnam Investments competitors, like Pacific Investment Management Company LLC, Neuberger Berman, and Goldman Sachs, vary. Pacific Investment Management Company LLC employees earn the highest salaries, with an average yearly salary of $132,360. The average salary at Neuberger Berman is $118,561 per year, and the average salary at Goldman Sachs is $108,830 per year.
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Pacific Investment Management Company LLC | 4.9 | $132,360 |
| 2 | Neuberger Berman | 4.9 | $118,561 |
| 3 | Goldman Sachs | 4.8 | $108,830 |
| 4 | Bridgewater Associates | 4.9 | $106,649 |
| 5 | Morgan Stanley | 4.6 | $103,933 |
| 6 | Perella Weinberg Partners | 4.9 | $100,917 |
| 7 | Eaton Vance | 4.7 | $94,326 |
| 8 | BlackRock | 4.4 | $87,853 |
| 9 | TD Ameritrade | 4.7 | $86,358 |
| 10 | Janus Henderson U.S. | 4.8 | $85,842 |
| 11 | Ssga | 3.8 | $82,913 |
| 12 | Franklin Templeton | 4.8 | $81,534 |
| 13 | Ing Security Life Of Denver | 4.5 | $78,247 |
| 14 | MFS Investment Management | 4.8 | $73,043 |
| 15 | The Vanguard Group | 4.6 | $71,689 |
| 16 | Fidelity Investments | 4.6 | $70,628 |
| 17 | T. Rowe Price | 4.5 | $66,691 |
| 18 | OneAmerica | 4.5 | $64,190 |
| 19 | New York Life Insurance | 4.5 | $62,006 |
| 20 | Toyota Financial Svc | 4.8 | $57,850 |
Zippia gives an in-depth look into the details of Putnam Investments, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Putnam Investments. The employee data is based on information from people who have self-reported their past or current employments at Putnam Investments. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Putnam Investments. The data presented on this page does not represent the view of Putnam Investments and its employees or that of Zippia.
Putnam Investments may also be known as or be related to Putnam Convertible Income-Growth Trust Inc and Putnam Investments.