When it comes to location, the highest average paycheck ($85K per year) can be spotted in Cleveland, Ohio; Reading, Pa. ($60K), Shelbyville, Ind. ($48K), and Beachwood, Ohio (around $46K) are the next top-paying cities. Indianapolis, Ind. is one of the lowest-paid cities, with earnings averaging approximately $44K. Within the company, workers earn the highest salaries (an average of about $91K annually) in New Jersey.
Years of Experience
For those with one to four years of experience, median paychecks reach $45K per year. The greater proportion of employees (34 percent) report five to nine years of experience and bring home median pay of approximately $50K annually.
The highest average salaries go to Operations Supervisors, who bring in close to around $51K per year, though Logistics Analysts are not far behind at $44K annually.
Certifications and Degrees
Penske Logistics provides the highest financial reward to those with a Bachelor of Science in Business Management — these employees rake in $63K per year.
The highest-paying skill in this position seems to be Inventory Management; individuals who report it as part of the repertoire have a median income of about $55K annually. A common skill in Penske Logistics' work force is Microsoft Office; close to one-third of survey participants report using it on the job. Microsoft Excel, Operations Management, and Logistics are also desirable skills.
Benefits and Perks
Penske Logistics helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. For a large number of workers, benefits include health insurance, and a strong majority of workers get dental coverage, too. The company also dishes out perks such as a casual working environment, life insurance, tuition reimbursement, and 401(a).