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Average Salary for Caterpillar, Inc. Employees

Peoria, Ill.-based Caterpillar, Inc. hires for positions ranging from Design Engineer to Manufacturing Engineer in the construction machinery and equipment. Caterpillar, Inc. pays its employees $68K per year on average. The most important factor affecting pay for Caterpillar, Inc. employees is your experience level, though where you live and your role at the company play a role as well. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Caterpillar, Inc. typically pays:
7%
above market
Similar employers pay:
-3%
below market
Employer: Caterpillar, Inc.
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Design Engineer (16)
$57,000 - $93,603  
   
[-]Design Engineer (16)
Salary$52,698 - $97,871  
   
Bonus$1,325 - $15,771  
Profit Disbursement$528 - $9,586  
Total Pay$57,000 - $93,603  
[+]Manufacturing Engineer (15)
$50,104 - $100,992  
   
[+]Manufacturing Engineer (15)
Salary$57,756 - $91,728  
   
Bonus$-0.50 - $11,920  
Total Pay$50,104 - $100,992  
[+]Mechanical Engineer (14)
$43,680 - $94,905  
   
[+]Mechanical Engineer (14)
Salary$57,493 - $105,377  
   
Bonus$1,651 - $18,159  
Total Pay$43,680 - $94,905  
[+]Buyer (9)
$45,209 - $110,112  
   
[+]Buyer (9)
Salary$47,218 - $99,037  
   
Bonus$1,259 - $16,398  
Total Pay$45,209 - $110,112  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 30 Mar 2015 | Individuals Reporting: 351

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About This Company

100 NE ADAMS ST
Peoria, Illinois 61629

1925

Construction Machinery and Equipment

97,444

Caterpillar, Caterpillar Inc


Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Five to nine years of work experience seem to result in median wages of approximately $77K annually. Overall, the greater share of Caterpillar, Inc. folks have one to four years of experience and earn an average around $69K per year.

Locations

When it comes to location, the highest average paycheck ($85K annually) can be spotted in Milwaukee, Wisc.; the company's headquarter city of Peoria, Ill. ($79K), Decatur, Ill. (about $78K), and San Diego, Calif. ($78K) are the next top-paying cities. At $57K, Nashville, Tenn. is home to some of the lowest pay in the country. Across Caterpillar, Inc.'s U.S. offices, employees in the state of Illinois earn the most, taking home $80K per year.

Jobs

Senior Mechanical Design Engineers rake in the most money, with average earnings of about $92K annually; Mechanical Engineers come in second with average earnings amounting to approximately $79K, while Buyers and Electrical Engineers rank near the top as well (around $75K and $74K, respectively). On the lower end are Manufacturing Engineers at around $68K on average.

Certifications and Degrees

Being a Certified ITIL Leader certainly has its perks — salaries approach $100K per year and far exceed the paychecks of those without certification. On average, salaries rise to $97K annually for accredited Certified Six Sigma Black Belts. Employees who have a Doctorate (PhD) make the most here, hauling in about $110K per year.

Skills

The highest-paying skill to have may be Engineering Design; employees who claim proficiency also report a higher average salary of approximately $89K annually. Project Management also popped up often in the survey as an important skill; just under a fourth of employees surveyed report using it at work. Microsoft Excel, Microsoft Office, and Data Analysis round out the set of key employee skills.

Benefits and Perks

44 percent receive paid vacation, and only 29 percent get sick leave. Nearly all respondents take advantage of the 401(k) plan that Caterpillar, Inc. sponsors. Almost all survey participants receive health insurance, and most survey participants get dental coverage. The list of perks also includes life insurance, tuition reimbursement, relocation expenses, and a casual working environment.

Key Stats for Caterpillar, Inc.

Gender

Female
22 %
Male
78 %
Salary
$31,943 - $85,937
Salary
$53,117 - $93,275
Less than 1 year
4%
1-4 years
36%
5-9 years
23%
10-19 years
23%
20 years or more
14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 97 votes.
United States (change)

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