When it comes to location, the highest average paycheck (about $113K per year) can be spotted in Charleston, S.C.; Indianapolis, Ind. ($83K), Memphis, Tenn. (approximately $77K), and the company's headquarter city of Columbus, Ind. ($76K) are the next top-paying cities. High paychecks are not found in Nashville, Tenn.; in fact, at $53K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of around $81K annually) in Wisconsin.
Years of Experience
Five to nine years of work experience seem to result in median wages of about $77K per year. Broken down by tenure, the largest share of Cummins, Inc. employees (35 percent) have one to four years of experience and earn approximately $66K annually on average.
Senior Mechanical Engineers are the best paid with the average salary hovering at around $79K per year; Mechanical Engineers, Electrical Engineers, and Senior Financial Analysts also rank near the top of the list, pulling in $76K, $71K, and $69K, respectively. Marketing Specialists are among the lowest paid at a median salary of about $62K.
Certifications and Degrees
Project Management Professionals have significantly higher pay than non-accredited workers at $95K annually. Certified Professional in Supply Managements with credentials can live quite comfortably; median salaries come in at $94K per year. Regarding salaries and education, Cummins, Inc. pays those with a Master of Business Administration (MBA), Operations Management (OM) the most — around $116K.
When it comes to skills, People Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of approximately $101K annually. Project Management is considered a run-of-the-mill skill; close to one-fourth of Cummins, Inc.'s people use it regularly. Other skills in demand are Microsoft Excel, Engineering Design, and Microsoft Office.
Benefits and Perks
The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. Perks cover health insurance for almost all survey participants and dental coverage for most respondents. Cummins, Inc. folks also make good use of tuition reimbursement, life insurance, a stock purchase plan, and a company cell phone.