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Putnam Investments salary estimate

$90,219yearly

$43.37 hourly rate

Entry-level salary
$50,000 yearly salary
Updated December 15, 2025

Putnam Investments Salary Overview

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.

Departmental Salary Insights

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.

Comparison with Competitors

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.

Highest paying jobs at Putnam Investments

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.

Highest paying jobs at Putnam Investments

RankJob titleAverage Putnam Investments salaryHourly rate
1Senior Software Engineer$155,430$74.73
2Investment Associate$139,965$67.29
3Technical Expert$135,600$65.19
4Senior Administrator$133,084$63.98
5Team Leader$130,930$62.95
6Project Manager$129,199$62.11
7Java/J2ee Developer$126,105$60.63
8Business Analyst$125,141$60.16
9Client Services Manager$123,115$59.19
10Operation Supervisor$122,991$59.13
11Product Specialist$122,266$58.78
12Java Developer$121,340$58.34
13Account Officer$119,210$57.31
14Accounting Supervisor$117,764$56.62
15Portfolio Accountant$114,643$55.12
16Marketing Representative$111,937$53.82
17Consultant$111,589$53.65
18Finance Advisor$106,006$50.96
19Executive Assistant$103,612$49.81
20Technology Coordinator$97,816$47.03

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How much does Putnam Investments pay by location?

The average Putnam Investments salary varies by location. Putnam Investments salaries are the highest in Boston, MA, at $105,677 per year. Putnam Investments pays the second highest average salary in San Francisco, CA, at $97,250 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest paying Putnam Investments locations

RankLocationAverage Putnam Investments salaryHourly rate
1Boston, MA$105,677$50.81
2San Francisco, CA$97,250$46.75
3Sparta, GA$79,960$38.44

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Putnam Investments salaries by department

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.

Average Putnam Investments salary by department

RankDepartmentAverage Putnam Investments salaryHourly rate
1Engineering$129,540$62.28
2IT$115,451$55.51
3Finance$113,266$54.45
4Marketing$109,349$52.57
5Retail$106,915$51.40
6Sales$101,207$48.66
7Accounting$100,879$48.50
8Plant/Manufacturing$95,622$45.97
9Human Resources$77,539$37.28
10Administrative$70,839$34.06
11Customer Service$55,816$26.83

How much does Putnam Investments pay by department?

Best paying Putnam Investments customer service salaries

RankPositionAverage Putnam Investments salaryHourly rate
1Senior Operations Supervisor$103,393$49.71
2Manager, Center Operations$99,381$47.78
3Client Services Administrator$94,195$45.29
4Support Supervisor$87,830$42.23
5Client Service Specialist$80,863$38.88
6Correspondence Specialist$51,172$24.60
7Service Representative$44,104$21.20
8Call Center Representative$28,102$13.51

Best paying Putnam Investments finance salaries

RankPositionAverage Putnam Investments salaryHourly rate
1Vice President And Portfolio Manager$185,821$89.34
2Lead Portfolio Manager$165,064$79.36
3Investment Associate$139,965$67.29
4Trading Assistant$129,293$62.16
5Investment Banking Internship$121,985$58.65
6Account Officer$119,210$57.31
7Senior Loan Processor$114,489$55.04
8Consultant$111,589$53.65
9Finance Advisor$106,006$50.96
10Analyst$89,352$42.96
11Retirement Specialist$86,817$41.74
12Retirement Plan Specialist$80,529$38.72
13Finance Internship$56,162$27.00
14Account Processor$54,401$26.15

Best paying Putnam Investments engineering salaries

RankPositionAverage Putnam Investments salaryHourly rate
1Senior Software Engineer$155,430$74.73
2Application Manager$147,651$70.99
3Manager, Software Quality Assurance$147,358$70.85
4Architect$147,004$70.68
5Project Leader$145,390$69.90
6Senior Java Developer$142,854$68.68
7Project Engineering Manager$140,614$67.60
8Database Consultant$137,016$65.87
9Consultant-Application Development$135,116$64.96
10Oracle Database Administrator$132,070$63.50
11Java/J2ee Developer$126,105$60.63
12SAP Consultant$121,750$58.53
13Supervisor Of Communications$121,232$58.28
14Data Analyst$118,902$57.16
15Technical Associate$112,183$53.93
16Conversion Specialist$109,269$52.53
17Processing Specialist$105,955$50.94
18Programmer Analyst$95,714$46.02
19Process Engineer Internship$64,520$31.02

Putnam Investments competitors’ average salaries

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.

Highest paying Putnam Investments competitors

RankCompany nameZippia scoreAverage salary
1Pacific Investment Management Company LLC4.9$132,360
2Neuberger Berman4.9$118,561
3Goldman Sachs4.8$108,830
4Bridgewater Associates4.9$106,649
5Morgan Stanley4.6$103,933
6Perella Weinberg Partners4.9$100,917
7Eaton Vance4.7$94,326
8BlackRock4.4$87,853
9TD Ameritrade4.7$86,358
10Janus Henderson U.S.4.8$85,842
11Ssga3.8$82,913
12Franklin Templeton4.8$81,534
13Ing Security Life Of Denver4.5$78,247
14MFS Investment Management4.8$73,043
15The Vanguard Group4.6$71,689
16Fidelity Investments4.6$70,628
17T. Rowe Price4.5$66,691
18OneAmerica4.5$64,190
19New York Life Insurance4.5$62,006
20Toyota Financial Svc4.8$57,850

Frequently asked questions about Putnam Investments salaries

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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.