Money isn't everything. Fortune Magazine recently released its list of the "100 Best Companies To Work For". Here we look at the highest-paying companies from that list, and how they stack up in other areas.

At these companies, there is one position that earns the highest wage, so we also look at the benefits package, how other employees are compensated, the work environment and incentive programs. Sure, these companies pay the highest, but are they well-rounded? (Learn more in Job Hunting: Higher Pay Vs. Better Benefits.)

  1. Bingham McCutchen
    Average total pay for associates at this Boston law firm was $256,312, and newly hired law school graduates get $160,000 plus bonuses. This is the second consecutive year the firm has made top spot. Good luck getting a job there; the law firm had over 13,000 applicants for 12 job openings. Listed at the 30th best company to work for by Fortune, the law firm has over 1,700 employees, including 1,100 lawyers in a dozen locations around the world.

    The firm laid off 2.5% of its staff after the financial crisis last year, but this year it has announced the hiring of senior staff in San Diego, Tokyo, London and other locations.

  2. LehighValleyHospital & Health Network
    Physicians get an average total pay of $244,605 at this hospital headquartered in Allentown, Pennsylvania. Actually, this facility includes three hospitals, eight community health centers and a network of 400 physicians and physician practices. In addition to top-notch pay, the benefits are also good. Employees get a 50% match to their 403(b) retirement plans. Lehigh has the National Magnet hospital designation of nursing excellence, acquired by just 5% of hospitals in the country. (For more, check out 403(b) Plan Tutorial)
  3. Orrick Herrington & Sutcliffe
    Associates at this New York law firm take home $240,955. However, it's not just the lawyers that are treated well, this firm seems to be good to all employees. Legal secretaries earned a total year pay of $77,702 on average. Almost all employees received bonuses (as of 2007), which was $8,893 on average for support staff and $34,325 for associates.

    The company also covers more health insurance premiums for employees who make less, and has less coverage for those who make more. The firm boasts that it was named one of the best law firms for women by Working Mother magazine and Flex-Time Lawyers this year; the second time it was named to the list.

  4. Alston & Bird
    It's $203,655 average total pay for associates at this Atlanta law firm. Support staff are also treated well, with legal secretaries often getting over $66,000 a year plus bonuses of $3,400. The firm chips in 7% of pay to all 401(k) plans, even if employees contribute themselves.
  5. Perkins Coie
    Associates get $190,126 average total pay and legal secretaries get $63,000. Goodies at this Seattle law firm, in additional to the usual bonuses, include $80 for participating in a wellness program and a $50 Nordstrom gift card.
  6. Devon Energy
    At this Oklahoma City-based company, the highest paid employees, engineers, get $186,882. Devon is the largest independent oil and natural gas producer in the country, producing a million barrels of oil a day. Lease operators, the bulk of its hourly employees, earn an average of over $88,000 a year. Stock grants and retirement plan contributions are generous.
    At this company, senior sales engineers make $172,303. The San Francisco technology company provides web-based applications for managing customer relationships and recently became involved in financial software. Total yearly pay was $75,000 for enterprise business reps. Employees also get excellent 401(k) matches, reimbursements for fitness programs and tuition, and even get financial aid for adoption and reimbursements for using public transportation. (For more on 401(k)s, read Six Ways To Maximize The Value Of Your 401(k).)
  8. Arnold & Porter
    At this Washington, D.C.-based law firm associates get $172,192 per year. This firm also had lawyers working an average of 132 pro bono hours a year. Arnold and Porter has a more diverse employee-base, too, as over 20% of staff members are African-American, 10% of the 195 partners are minorities and 16% are women. For benefits, the firm offers an on-site child care center and referral bonuses as high as $15,000.
  9. Adobe Systems
    The highest paid position at Adobe is senior computer scientist software development, with $165,947. The San Jose-based technology company, well know for its Photoshop, Acrobat Reader and PDF software, ranked 11 in Fortune's best companies to work for. As well, senior administrative assistants earn $70,000 a year. Employees can take a paid three-week sabbatical every five years.
  10. EOG Resources
    Engineers at EOG are the top-paid employees, earning $158,302. The Houston-based oil and natural gas producer also pays 100% of health insurance premiums, and 70% for dependents. EOG also offers superb retirement benefits and college scholarships to children of employees.

Highest pay also seems to indicate a high standard of employment at these top-paying companies. In addition to high pay for a single position, most of these companies spread the wealth to other less-specialized positions, and all of them offer competitive benefit packages.

Related Articles
  1. Investing Basics

    What Does Plain Vanilla Mean?

    Plain vanilla is a term used in investing to describe the most basic types of financial instruments.
  2. Options & Futures

    Pick 401(k) Assets Like A Pro

    Professionals choose the options available to you in your plan, making your decisions easier.
  3. Fundamental Analysis

    Use Options Data To Predict Stock Market Direction

    Options market trading data can provide important insights about the direction of stocks and the overall market. Here’s how to track it.
  4. Retirement

    How Much Can You Contribute to Your 401(k)?

    Given the fairly high compensation limits on these retirement plans, most workers can pitch in more than they currently do.
  5. Investing

    The Best Strategies to Manage Your Stock Options

    We look at strategies to help manage taxes and the exercise of incentive and non-qualified stock options.
  6. Investing Basics

    Retirement Planning Using Long-Dated Options

    Retirement planning using high-risk options? It is possible, and studies confirm better yields than conventional methods. Here’s how.
  7. Investing Basics

    Understanding Vega

    In options trading, vega represents the amount option prices are expected to change in response to a change in the underlying asset’s implied volatility.
  8. Options & Futures

    Introduction to Options Types

    Options are often the bread and butter of day traders. Here are some of the more common types of options.
  9. Personal Finance

    Salary Secrets: What Is Considered a Big Raise?

    A 4% or 5% annual jump in pay may not sound huge, but in today’s environment, it actually means you’re faring better than most.
  10. Personal Finance

    How to Job Search While You're Still Employed

    The best time to look for a new job is when you already have one.
  1. How do hedge funds use equity options?

    With the growth in the size and number of hedge funds over the past decade, the interest in how these funds go about generating ... Read Full Answer >>
  2. Can mutual funds invest in options and futures?

    Mutual funds invest in not only stocks and fixed-income securities but also options and futures. There exists a separate ... Read Full Answer >>
  3. How does a forward contract differ from a call option?

    Forward contracts and call options are different financial instruments that allow two parties to purchase or sell assets ... Read Full Answer >>
  4. Does my employer's matching contribution count towards the maximum I can contribute ...

    Contributions to 401(k) plans come from employee salary deferral and employer match dollars. According to the IRS, employees ... Read Full Answer >>
  5. What are the main risks associated with trading derivatives?

    The primary risks associated with trading derivatives are market, counterparty, liquidity and interconnection risks. Derivatives ... Read Full Answer >>
  6. How can an investor profit from a fall in the utilities sector?

    The utilities sector exhibits a high degree of stability compared to the broader market. This makes it best-suited for buy-and-hold ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Real Estate Investment Trust - REIT

    A REIT is a type of security that invests in real estate through property or mortgages and often trades on major exchanges ...
  2. Section 1231 Property

    A tax term relating to depreciable business property that has been held for over a year. Section 1231 property includes buildings, ...
  3. Term Deposit

    A deposit held at a financial institution that has a fixed term, and guarantees return of principal.
  4. Zero-Sum Game

    A situation in which one person’s gain is equivalent to another’s loss, so that the net change in wealth or benefit is zero. ...
  5. Capitalization Rate

    The rate of return on a real estate investment property based on the income that the property is expected to generate.
  6. Gross Profit

    A company's total revenue (equivalent to total sales) minus the cost of goods sold. Gross profit is the profit a company ...
Trading Center
You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!