Bringing in the most money are Aviation Program Managers — their earnings average approximately $108K. Materials Managers are a close second at around $81K along with Operations Team Leaders ($65K) and Product Engineers (about $64K). Production Supervisors are among the lowest paid at $50K.
Median pay is highest in Irvine ($94K per year), followed by Fort Worth ($88K), Cleveland (approximately $75K), and Kalamazoo (about $72K). Approaching the lower end of the pay scale (at $48K) is Houston. Across Parker Hannifin Corp's U.S. offices, employees in the state of California earn the most, taking home around $82K annually.
Years of Experience
Average pay is typically $70K for those with five to nine years of experience. Broken down by tenure, the largest share of Parker Hannifin Corp employees (29 percent) have one to four years of experience and typically earn $60K per year.
Certifications and Degrees
Monetary compensation comes to $153K for Licensed Lawyers, far surpassing the earnings of non-credentialed workers. Project Management Professionals with credentials can live quite comfortably; salaries come in at approximately $110K annually. Regarding salaries and education, Parker Hannifin Corp pays those with a Bachelor of Science in Electrical Engineering (EE) the most — about $105K.
When it comes to skills, Leadership seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $92K. Project Management is considered a run-of-the-mill skill; between a fifth and a fourth of Parker Hannifin Corp's people use it regularly. Employees also tend to know Microsoft Excel, Microsoft Office, and Engineering Design.
Benefits and Perks
43 percent receive paid vacation, and only a fifth of workers get sick leave. Almost all workers allocate some part of their earnings to the company-sponsored 401(k) savings plan. A strong majority of workers report having health insurance, and a solid majority of workers report having dental coverage. Parker Hannifin Corp also dishes out privileges such as life insurance, tuition reimbursement, a company cell phone, and a casual working environment.