When it comes to location, the highest average paycheck (approximately $104K annually) can be spotted in Charleston, S.C.; Denver, Colo. ($87K), Indianapolis, Ind. (around $84K), and Memphis, Tenn. ($79K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Nashville, Tenn. — at $55K, salaries are some of the lowest in the country. By state, Colorado offers the highest pay at about $87K per year.
Years of Experience
Respondents who have been working for five to nine years make around $78K annually on average. When we consider tenure, a substantial portion of employees (34 percent) have been working for one to four years and make $64K per year on average.
The highest paychecks go to Senior Mechanical Engineers, who earn an average about $86K annually, closely trailed by Six Sigma Black Belt Project Managers (approximately $85K), Mechanical Engineers ($71K), and Manufacturing Engineers ($69K). Marketing Specialists are among the lowest paid at a median salary of about $60K.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach $94K per year and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Certified Professional in Supply Managements with credentials; these people earn $93K annually on average. At Cummins, Inc., employees who hold a Master of Business Administration (MBA), Accounting & Finance receive the highest salaries at approximately $108K.
The highest-paying skill in this position seems to be People Management; individuals who report it as part of the repertoire have a median income of $103K per year. Project Management is a popular skill among Cummins, Inc. workers, with slightly less than a third of those surveyed reporting using it on the job. Three more common skills are Microsoft Excel, Microsoft Office, and Engineering Design.
Benefits and Perks
Workers wishing to put aside retirement money are in luck; Cummins, Inc. sponsors various plans such as a 401(k) plan and a company pension plan. Perks cover health insurance for the vast majority of workers and dental coverage for a large number of employees. Cummins, Inc. also dishes out privileges such as life insurance, tuition reimbursement, a subsidized cell phone, and a stock purchase plan.