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Caterpillar, Inc. is a construction machinery and equipment firm headquartered in Peoria, Illinois that hires for Design Engineer positions, Manufacturing Engineer roles, and more. Caterpillar, Inc. employees typically bring home $66K annually. Geography is the biggest factor affecting pay for Caterpillar, Inc. workers, followed by your role at the company and how long you've been working. The data in this summary comes from the PayScale salary survey.
Job (Number Reporting)
|$56,432 - $95,423|
|Salary||$58,175 - $85,788|
|Bonus||$-0.50 - $12,122|
|Profit Disbursement||$644 - $8,810|
|Total Pay||$56,432 - $95,423|
|$54,886 - $95,439|
|Salary||$65,436 - $86,684|
|Bonus||$1,304 - $18,237|
|Total Pay||$54,886 - $95,439|
|$36,113 - $96,893|
|Salary||$54,349 - $86,417|
|Bonus||$785 - $10,245|
|Total Pay||$36,113 - $96,893|
|$29,279 - $75,240|
|Bonus||$65.42 - $2,875|
|Total Pay||$29,279 - $75,240|
Country: United States | Currency: USD | Updated: 9 Nov 2014 | Individuals Reporting: 342
Median pay is highest in East Peoria ($111K per year), followed by Minneapolis ($99K), Milwaukee ($87K), and the company's headquarter city of Peoria (approximately $77K). Joliet is near the bottom for pay at around $70K. By state, the highest compensation levels appear in Minnesota, where the average salary is about $99K annually.
Senior Mechanical Engineers earn the highest median pay at approximately $93K, followed by Senior Mechanical Design Engineers ($93K), Mechanical Engineers (around $77K), and Buyers (about $75K). Earning only $65K, Manufacturing Engineers make less than most people in the company.
Staying at the company for five to ten years brings notable financial rewards; the average income in this window is $73K per year. For the most part, a representative employee at Caterpillar, Inc. has been working for one to four years and makes around $68K annually.
Those lacking certification bring in much lower salaries than Project Management Certificate Holders, who make approximately $110K. Salaries typically rise to $100K per year for accredited Certified ITIL Leaders. The highest-paying degree here is a Doctorate (PhD); Caterpillar, Inc. awards $112K to these degree-holders.
The highest paying skill to have in this role seems to be Product Development; employees claiming this as part of the toolbox earn a median of $93K. Engineering Design is a popular skill in the Caterpillar, Inc. workforce; a little less than one-fifth of those surveyed report putting it to use in their jobs. Employees also tend to round out their skills sets with Project Management, Microsoft Excel, and Microsoft Office.
Only one-half of workers at Caterpillar, Inc. enjoy paid vacation time, and just 31 percent can take sick leave. Almost all employees save up for retirement through a 401(k) plan. Health insurance is part of the package for the greater part of workers, and for most workers, dental coverage is too. Caterpillar, Inc. employees also enjoy perks such as life insurance, tuition reimbursement, relocation expenses, and a casual working environment.
$30,966 - $85,223
$50,685 - $90,852
|Highly satisfied||Rated 4 out of 5
based on 96 votes.
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