When it comes to location, the highest average paycheck ($67K annually) can be spotted in Dearborn, Mich.; Beachwood, Ohio ($60K), Detroit, Mich. (around $52K), and Cleveland, Ohio ($48K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Princeton, Ind. — at approximately $37K, salaries are some of the lowest in the country. The highest pay by state can be found in California, where salaries average out at about $61K per year.
Logistics Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $71K annually — though Operations Managers, Logistics Analysts, and Financial Analysts also do fairly well at around $65K, $52K, and approximately $51K, respectively. Penske Logistics hands out some of the smallest paychecks to Materials Coordinators (about $42K on average).
Years of Experience
Survey participants who have worked at Penske Logistics for between five and 10 years earn $45K per year on average. The largest fraction of Penske Logistics people (43 percent) have been working for one to four years and earn $49K annually on average.
Certifications and Degrees
Certified Six Sigma Green Belts receive bigger paychecks ($64K per year) than those without credentials. Becoming an OSHA Forklift Operator Certification can certainly pay off here; those folks make approximately $37K on average. Regarding salaries and education, Penske Logistics pays those with a Master of Science (MS) the most — around $90K.
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 skill that is commonly seen around here is Logistics; about one in three deem it necessary for work. Key skills also include Microsoft Excel, Operations Management, and Microsoft Office.
With a more than 3 to 1 male-to-female ratio, men represent the better half of Penske Logistics' employees who responded to the survey.
Benefits and Perks
Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. Perks cover health insurance for almost all employees and dental coverage for most employees. Advantages of working here also include a casual working environment, a subsidized cell phone, tuition reimbursement, and life insurance.