Logistics Engineers rake in the most money, with average earnings of $71K annually; Operations Managers come in second with average earnings amounting to approximately $65K, while Tractor-Trailer Drivers and Logistics Analysts rank near the top as well ($62K and $52K, respectively). Near the bottom at Penske Logistics are Warehouse Supervisors, pulling in an average of just about $37K.
When it comes to location, the highest average paycheck (around $67K per year) can be spotted in Dearborn, Mich.; Beachwood, Ohio ($60K), Detroit, Mich. ($52K), and Cleveland, Ohio (around $48K) are the next top-paying cities. On the lower end is Princeton, Ind. at about $37K. The highest pay by state can be found in Georgia, where salaries average out at approximately $59K annually.
Years of Experience
Respondents who have been working for five to nine years make $45K per year on average. The largest slice of the Penske Logistics workforce (40 percent) has been working for one to four years and earns, on average, around $48K annually.
Certifications and Degrees
Salaries approach $64K per year for Certified Six Sigma Green Belts; non-accredited workers make much less. OSHA Forklift Operator Certifications with credentials can live quite comfortably; median salaries come in at $37K annually. Penske Logistics workers who hold a Master of Science (MS) are also well compensated, earning $90K on average.
The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of about $85K per year. Logistics is considered a run-of-the-mill skill; one in three of Penske Logistics' people use it regularly. Key skills also include Microsoft Excel, Operations Management, and Microsoft Office.
At Penske Logistics, there are significantly more males who responded to the survey than females — 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. Almost all survey participants can count on health insurance, and a solid majority of survey participants have dental coverage as a benefit. Privileges also include a subsidized cell phone, a casual working environment, tuition reimbursement, and life insurance.