When it comes to location, the highest average paycheck ($93K per year) can be spotted in Charleston, S.C.; Indianapolis, Ind. ($85K), Memphis, Tenn. (about $79K), and Minneapolis, Minn. ($77K) are the next top-paying cities. At approximately $55K, Nashville, Tenn. is home to some of the lowest pay in the country. By state, the highest compensation levels appear in Minnesota, where the average salary is around $78K annually.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $78K per year. The greater proportion of employees (35 percent) report one to four years of experience and bring home median pay of about $66K annually.
Technical Specialists are the best paid with the average salary hovering at $92K per year; Senior Mechanical Engineers, Mechanical Engineers, and Electrical Engineers also rank near the top of the list, pulling in around $77K, approximately $74K, and $71K, respectively. With salaries averaging $68K, Senior Financial Analysts are among the lowest paid at Cummins, Inc.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Project Management Professionals, who make about $94K annually. Acquiring certification to be a Certified Six Sigma Black Belt is rewarded with median pay of $90K per year. Regarding salaries and education, Cummins, Inc. pays those with a Master of Business Administration (MBA), Operations Management (OM) the most — $116K.
In this role, the best-paying skill appears to be People Management; individuals who claim it among their capabilities enjoy a higher median salary of approximately $100K annually. Project Management also popped up often in the survey as an important skill; just under one in three of employees surveyed report using it at work. Many workers usually know Microsoft Excel, Microsoft Office, and Engineering Design as well.
Benefits and Perks
It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. The vast majority of workers receive health insurance, and a large number of survey participants get dental coverage. A few more workplace perks are life insurance, tuition reimbursement, a stock purchase plan, and a company cell phone.