When it comes to location, the highest average paycheck (around $67K annually) can be spotted in Dearborn, Mich.; Beachwood, Ohio ($60K), Detroit, Mich. ($52K), and Cleveland, Ohio (approximately $48K) are the next top-paying cities. Princeton, Ind. is one of the lowest-paid cities, with earnings averaging about $37K. By state, the highest pay levels are found in Colorado, where the average Penske Logistics employee makes $70K per year.
Earning around $71K annually on average, Logistics Engineers receive the most money, followed by Operations Managers (approximately $65K), Logistics Analysts ($52K), and Financial Analysts (about $51K). Materials Coordinators make an average $42K, close to the bottom of the company pay scale.
Years of Experience
For those with five to nine years of experience, average earnings amount to $45K per year. The largest slice of the Penske Logistics workforce (45 percent) has been working for one to four years and earns, on average, approximately $49K annually.
Certifications and Degrees
Being a Certified Six Sigma Green Belt certainly has its perks — salaries approach around $64K per year and far exceed the paychecks of those without certification. Bigger paychecks are awarded to OSHA Forklift Operator Certifications with credentials; these people earn $37K annually on average. Penske Logistics compensates Master of Science (MS)-holders the most at $90K per year.
In this role, the best-paying skill appears to be Project Management; individuals who claim it among their capabilities enjoy a higher median salary of $85K annually. A relatively widespread skill at Penske Logistics is Logistics; around one in three of employees use it for work. Some other standard skills here are Microsoft Excel, Operations Management, and Microsoft Office.
Penske Logistics' employees who answered the questionnaire are largely male (the male-to-female ratio is more than 3 to 1).
Benefits and Perks
Workers can easily stock up on retirement savings by participating in several options such as a 401(k) plan and a company pension plan. Nearly all survey participants have health insurance, and benefits for a large number of survey participants also include dental insurance. Perks also include a casual working environment, a subsidized cell phone, tuition reimbursement, and life insurance.