Years of Experience
Five to nine years of work experience seem to result in median wages of about $79K per year. The largest slice of the Cummins, Inc. workforce (36 percent) has been working for one to four years and earns, on average, around $66K annually.
Nearing the top of the pay scale are Technical Specialists, Senior Mechanical Engineers, Mechanical Engineers, and Electrical Engineers; while the first receives the highest median pay at $90K per year, the other salaries come in at $77K, $74K, and approximately $72K, respectively. Financial Analysts are among the lowest paid at a median salary of $57K.
When it comes to location, the highest average paycheck ($84K annually) can be spotted in Indianapolis, Ind.; Memphis, Tenn. (about $77K), the company's headquarter city of Columbus, Ind. (approximately $76K), and Minneapolis, Minn. (around $76K) are the next top-paying cities. On the lower end is Nashville, Tenn. at $55K. Cummins, Inc. workers in Indiana earn the most — approximately $78K per year on average.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach around $94K annually and far exceed the paychecks of those without certification. Earning a Certified Six Sigma Black Belt certification garners significant financial rewards of $92K per year on average. At Cummins, Inc., employees who hold a Master of Business Administration (MBA), Operations Management (OM) receive the highest salaries at $116K.
When it comes to skills, People Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $98K annually. A garden variety skill at Cummins, Inc. is Project Management; roughly one in four of Cummins, Inc.'s people use it regularly. Microsoft Excel, Microsoft Office, and Engineering Design round out the set of key employee skills.
Benefits and Perks
Cummins, Inc. workers get plenty of help saving for their golden years, with retirement savings options such as a 401(k) plan and a company pension plan. Cummins, Inc. provides health insurance to the vast majority of survey participants, and most employees do receive dental coverage. Additional benefits of working here are life insurance, tuition reimbursement, a stock purchase plan, and a company cell phone.