Investor Relations

Press Release

Amazon’s New Headquarters: Korn Ferry Analysis Reveals Average Salaries for Each of the Chosen Cities as Well as its Original Home of Seattle

November 14, 2018

LOS ANGELES--(BUSINESS WIRE)--Nov. 14, 2018-- With Amazon’s announcement to locate its HQ2 locations in Queens, New York and Northern Virginia, a new analysis by Korn Ferry (NYSE: KFY) reveals how much, on average, people make in those cities. The pay analysis also includes Seattle, the location of the company’s original headquarters, as well as Nashville, the location of its newly announced operational center of excellence.

The analysis is based on Korn Ferry’s U.S. pay database, which represents compensation practices for more than 2,300 companies and more than 5.9 million employees.

Researchers analyzed average salaries by entry-level, mid-level and senior-level employees in each city/region.

City             Entry-level

employee

        Mid-level

employee

        Senior-level

employee

Seattle             $ 65,915         $ 114,000         $ 207,193
Queens, NY             $ 68,536         $ 126,599         $ 230,926
Northern Virginia, VA             $ 64,776         $ 117,861         $ 210,583
Nashville             $ 52,926         $ 94,085         $ 177,244

“Several factors feed into average salaries, such as geographic location, cost of living and availability of qualified talent,” said Bob Wesselkamper, Global Head of Korn Ferry Rewards and Benefits Solution. “However, Amazon’s expansion will create a talent ripple in these chosen cities. It is certain the war for talent will be fierce, and the economy in these markets will get a boost.”

About Korn Ferry

Korn Ferry is a global organizational consulting firm. We help clients synchronize strategy and talent to drive superior performance. We work with organizations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people.

Source: Korn Ferry

Korn Ferry
Tracy Kurschner, 612-309-3957
Tracy.Kurschner@kornferry.com

Take a Closer Look