Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to around $83K per year. The greater proportion of employees (35 percent) report one to four years of experience and bring home median pay of $61K annually.
Senior Mechanical Engineers are awarded the highest paychecks, with compensation nearing $87K per year on average; Senior Software Engineers are next on the list, bringing in close to approximately $71K, followed by Mechanical Engineers earning about $69K and Design Engineers making $64K. Earning only approximately $41K on average, Contract Administrators make less than most people in the company.
When it comes to location, the highest average paycheck (around $92K annually) can be spotted in Mount Vernon, Wash.; Renton, Wash. ($80K), Kirkland, Wash. (about $80K), and Seattle, Wash. ($75K) are the next top-paying cities. Approaching the lower end of the pay scale (at $57K) is Bellevue, Wash. By state, Paccar Corporation employees make the most in Washington, earning about $73K per year on average.
Certifications and Degrees
Salaries approach $152K annually for Project Management Professionals; non-accredited workers make much less. Bigger paychecks are awarded to Certified Six Sigma Green Belts with credentials; these people earn around $102K per year on average. The highest-paying degree here is a Master of Business Administration (MBA), Business Management; Paccar Corporation awards approximately $103K to these degree-holders.
Employees who count Product Development among their skills enjoy higher pay; the median for this group is $101K annually. Microsoft Excel also popped up often in the survey as an important skill; approximately one in four of employees surveyed report using it at work. Key skills also include Data Analysis, Microsoft Office, and Project Management.
Benefits and Perks
The company pays out both vacation time and sick leave for only one in four respondents. Employees looking to save up for old age can choose from several options including a 401(k) plan and a company pension plan. For nearly all respondents, benefits include health insurance, and most employees get dental coverage, too. Additional benefits of working here are tuition reimbursement, a company cell phone, and life insurance.