Average Salary for Caterpillar, Inc. Employees

Operating out of Peoria, Ill., construction machinery and equipment sector company Caterpillar, Inc. employs talent in positions ranging from Design Engineer to Mechanical Engineer. The average employee at Caterpillar, Inc. takes home $66K per year. Though your role at the company and your experience level are influential salary factors for those at Caterpillar, Inc., your city turns out to have the greatest impact on paycheck size. The data in this summary comes from the PayScale salary survey.

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.
[-]Design Engineer (20)
$56,432 - $95,423  
[-]Design Engineer (20)
Salary$58,175 - $85,788  
Bonus$-0.50 - $12,122  
Profit Disbursement$737 - $9,432  
Total Pay$56,432 - $95,423  
[+]Mechanical Engineer (13)
$32,149 - $95,439  
[+]Mechanical Engineer (13)
Salary$57,016 - $102,320  
Bonus$1,240 - $18,980  
Total Pay$32,149 - $95,439  
[+]Manufacturing Engineer (12)
$36,113 - $96,893  
[+]Manufacturing Engineer (12)
Salary$49,024 - $90,831  
Bonus$737 - $11,719  
Total Pay$36,113 - $96,893  
[+]Welder (9)
$29,125 - $74,351  
[+]Welder (9)
Bonus$56.88 - $2,357  
Total Pay$29,125 - $74,351  
 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: 6 Dec 2014 | Individuals Reporting: 343
United States (change)

About This Company

Peoria, Illinois 61629


Construction Machinery and Equipment


Caterpillar, Caterpillar Inc

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


When it comes to location, the highest average paycheck (approximately $111K annually) can be spotted in East Peoria; Minneapolis ($99K), Milwaukee (around $82K), and the company's headquarter city of Peoria (about $77K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Joliet — at $75K, salaries are some of the lowest in the country. Caterpillar, Inc. workers in Minnesota earn the most — $99K per year on average.


Senior Mechanical Engineers rake in the most money, with average earnings of $93K; Senior Mechanical Design Engineers come in second with typical earnings amounting to approximately $93K, while Mechanical Engineers and Buyers rank near the top as well (around $77K and about $75K, respectively). Financial compensation for Manufacturing Engineers is rather low — only $67K — relative to the rest of the company.

Years of Experience

Survey participants who have worked at Caterpillar, Inc. for between five and ten years earn $74K on average. The largest slice of the Caterpillar, Inc. workforce (31 percent) has been working for one to four years and earns around $68K annually.

Certifications and Degrees

Being a Project Management Certificate Holder certainly has its perks — salaries approach $110K and far exceed the paychecks of those without certification. Becoming a Certified ITIL Leader can certainly pay off here; those folks make approximately $100K. Caterpillar, Inc. compensates Doctorate (PhD)-holders the most at $110K per year.


When it comes to skills, Product Development seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $93K. Project Management is regularly seen around here; approximately one-fifth of those surveyed report it as a core competency. Other top skills include Engineering Design, Microsoft Excel, and Pro/Engineer.

Benefits and Perks

Only half of workers at Caterpillar, Inc. enjoy paid vacation time, and just one in three workers can take sick leave. The vast majority of workers set aside retirement funds in an employer-sponsored 401(k). Health insurance is part of the package for a strong majority of workers, and for a fair portion of workers, dental coverage is too. Advantages of working here also include life insurance, tuition reimbursement, relocation expenses, and a casual working environment.

Key Stats for Caterpillar, Inc.


21 %
79 %
$30,841 - $85,965
$51,275 - $90,353
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 95 votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon


Recent Blog Posts on Career News

    5 Easy Ways to Be Happier at Work
    In a perfect world, we'd be able to walk away from less-than-awesome jobs, preferably after making a well-scripted scene that somehow has no lasting r...
    These 5 Jobs Have the Worst Gender Wage Gap
    Women make about 80 percent of what men earn, according to the Bureau of Labor Statistics, which is a big improvement over 30 years ago, when the numb...
    4 Great Reasons to Doodle at Work
    Doodling, an act as old as note-taking itself, is better understood than it once was. It turns out, there may be some real benefits to this activity t...

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.