When it comes to location, the highest average paycheck (approximately $85K annually) can be spotted in Cleveland, Ohio; Reading, Pa. (around $54K), Shelbyville, Ind. ($48K), and Dearborn, Mich. ($44K) are the next top-paying cities. Expected earnings are below average ($44K) in Indianapolis, Ind., one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of about $91K per year) in New Jersey.
Earning $74K annually on average, Logistics Engineers receive the most money, followed by Operations Supervisors (around $50K), Warehouse Supervisors ($43K), and Logistics Analysts (about $42K). Supply Chain Planners at Penske Logistics do not see much in the way of financial compensation and represent one of the lower-paid positions ($40K on average) at the company.
Years of Experience
Between the one and five year mark, median pay is approximately $42K per year. Broken down by tenure, the largest share of Penske Logistics employees (32 percent) have five to nine years of experience and earn $49K annually on average.
Certifications and Degrees
OSHA Forklift Operator Certifications have significantly higher pay than non-accredited workers at about $41K per year. It pays to have a Bachelor of Science in Business Management at Penske Logistics — these employees make the most at $63K annually.
The highest-paying skill to have may be Safety Compliance; employees who claim proficiency also report a higher average salary of approximately $55K per year. A garden variety skill at Penske Logistics is Microsoft Excel; nearly one-third of Penske Logistics' people use it regularly. Many workers are also familiar with Logistics, Operations Management, and Microsoft Office.
Men make up the majority of employees who took the survey in a male-to-female ratio of more than 3 to 1.
Benefits and Perks
Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. At Penske Logistics, the larger part of respondents have health insurance, and the larger part of survey participants have dental coverage. Some other perks are a casual working environment, life insurance, tuition reimbursement, and a subsidized cell phone.