Aviation Program Managers rake in the most money, with average earnings of $96K annually; Test Engineers come in second with average earnings amounting to $71K, while Operations Team Leaders and Mechanical Engineers rank near the top as well (around $68K and approximately $68K, respectively). Manufacturing Engineers make an average about $60K, close to the bottom of the company pay scale.
Years of Experience
Those who have five to nine years of work experience see average salaries of $71K per year. Broken down by tenure, the largest share of Parker Hannifin Corp employees (32 percent) have one to four years of experience and earn $60K annually on average.
When it comes to location, the highest average paycheck (approximately $88K per year) can be spotted in Irvine, Calif.; Fort Worth, Texas ($88K), Washington, Mo. ($76K), and Kalamazoo, Mich. (around $68K) are the next top-paying cities. Lynchburg, Va. is near the bottom for pay at about $57K. Parker Hannifin Corp workers in Texas earn the most — approximately $86K annually on average.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach about $115K per year and far exceed the paychecks of those without certification. Certified Public Accountants also rank high on the pay scale, with expected average earnings of $95K annually. Parker Hannifin Corp compensates Bachelor of Science in Electrical Engineering (EE)-holders the most at $133K per year.
The best-paying skill to have in this role appears to be Contract Negotiation; employees who claim this ability report median compensation of around $75K annually. Project Management is a popular skill among Parker Hannifin Corp workers, with one in five of those surveyed reporting using it on the job. Employees also tend to round out their skills sets with Microsoft Excel, Engineering Design, and Microsoft Office.
Benefits and Perks
Two in five workers receive paid vacation, and only 18 percent get sick leave. Nearly all survey participants take advantage of the 401(k) plan that Parker Hannifin Corp sponsors. Nearly all respondents report having health insurance, and a large number of survey participants report having dental coverage. A few more workplace perks are life insurance, tuition reimbursement, a subsidized cell phone, and a casual working environment.