Years of Experience
Those who have five to nine years of work experience see average salaries of $72K annually. Broken down by tenure, the largest share of Parker Hannifin Corp employees (31 percent) have one to four years of experience and earn approximately $61K per year on average.
When it comes to location, the highest average paycheck (about $88K annually) can be spotted in Fort Worth, Texas; Irvine, Calif. (around $87K), Otsego, Mich. ($79K), and Washington, Mo. ($76K) are the next top-paying cities. Toledo, Ohio is near the bottom for pay at $66K. Within the company, workers earn the highest salaries (an average of around $88K per year) in Texas.
Territory Managers are awarded the highest paychecks, with compensation nearing $76K annually on average; Design Engineers are next on the list, bringing in close to about $70K, followed by Mechanical Engineers earning approximately $66K and Quality Assurance Engineers making $65K. With salaries averaging $60K, Manufacturing Engineers are among the lowest paid at Parker Hannifin Corp.
Certifications and Degrees
Licensed Lawyers have significantly higher pay than non-accredited workers at approximately $156K per year. Earning a Certified Six Sigma Black Belt certification garners significant financial rewards of around $115K annually on average. Parker Hannifin Corp provides the highest financial reward to those with a Doctorate (PhD) — these employees rake in $110K per year.
The highest-paying skill to have may be Product Development; employees who claim proficiency also report a higher average salary of $81K annually. Engineering Design is a popular skill in the Parker Hannifin Corp workforce; just over one in five of those surveyed report putting it to use in their jobs. Other skills in demand are Project Management, Microsoft Excel, and Microsoft Office.
Benefits and Perks
Paid time off is in short supply here, with only two in five workers receiving paid vacation and one in six employees receiving paid sick days. The vast majority of workers save for retirement through Parker Hannifin Corp's 401(k) plan. Health insurance is part of the package for almost all respondents, and for most employees, dental coverage is too. Parker Hannifin Corp folks also make good use of a subsidized cell phone, life insurance, tuition reimbursement, and a casual working environment.