Years of Experience
For those with five to nine years of experience, average earnings amount to around $69K annually. When we consider tenure, a substantial portion of employees (31 percent) have been working for one to four years and make $62K per year on average.
When it comes to location, the highest average paycheck (approximately $92K annually) can be spotted in Irvine, Calif.; Cleveland, Ohio ($77K), Columbus, Ohio (about $69K), and Kalamazoo, Mich. ($68K) are the next top-paying cities. San Diego, Calif. is near the bottom for pay at $62K. By state, the highest pay levels are found in California, where the average Parker Hannifin Corp employee makes around $75K per year.
Design Engineers are awarded the highest paychecks, with compensation nearing $73K annually on average; Mechanical Engineers are next on the list, bringing in close to $68K, followed by Quality Assurance Engineers earning about $64K and Manufacturing Engineers making approximately $62K. Contract Administrators make an average $52K, close to the bottom of the company pay scale.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Lawyers, who make approximately $105K per year. Certified Six Sigma Black Belts with credentials can live quite comfortably; median salaries come in at around $102K annually. Parker Hannifin Corp compensates Bachelor of Engineering in Bachelor of Engineering Technology (BET)-holders the most at about $110K per year.
In this position, it pays to have Product Development in your toolkit; employees who claim proficiency enjoy a higher median salary of $82K annually. A common skill in Parker Hannifin Corp's work force is Engineering Design; close to one-fourth of survey participants report using it on the job. Some other standard skills here are Project Management, Microsoft Excel, and Microsoft Office.
Benefits and Perks
Benefits packages do tend to lack paid time off; Parker Hannifin Corp gives paid vacation days to 37 percent and sick leave to 18 percent. A large number of survey participants report contributing to a 401(k). Health insurance comes as part of the deal for most employees, and most respondents report receiving dental coverage as well. Some other advantages of working at Parker Hannifin Corp are life insurance, tuition reimbursement, a subsidized cell phone, and a casual working environment.