Years of Experience
Between the one and five year mark, median pay is approximately $65K annually. When we consider tenure, a substantial portion of employees (39 percent) have been working for five to nine years and make around $74K per year on average.
Senior Mechanical Design Engineers rake in the most money, with average earnings of $84K annually; Electrical Engineers come in second with average earnings amounting to $71K, while Senior Financial Analysts and Supplier Quality Engineers rank near the top as well (about $70K and $67K, respectively). Polaris Industries Inc hands out some of the smallest paychecks to Technical Writers (around $53K on average).
When it comes to location, the highest average paycheck (approximately $79K per year) can be spotted in Wyoming, Minn.; Minneapolis, Minn. ($72K), the company's headquarter city of Medina, Minn. (about $68K), and Huntsville, Ala. ($62K) are the next top-paying cities. U.S. pay levels are highest in the state of Minnesota; salaries there average to $71K annually.
Certifications and Degrees
Engineer in Trainings receive bigger paychecks (about $86K per year) than those without credentials. Bigger paychecks are awarded to Certified Six Sigma Green Belts with credentials; these people earn $66K annually on average. At Polaris Industries Inc, employees who hold a Master of Mechanical Engineering (MME) receive the highest salaries at $89K.
When it comes to skills, employees who report Computer Aided Design among their abilities seem to make the most, reporting a median income of $86K per year. It's pretty common to find people here who know Engineering Design; about one in five consider it a key competency. Other skills in demand are Project Management, Microsoft Office, and Data Analysis.
Employees who completed the survey skew strongly male, with a male-to-female ratio of more than 3 to 1.
Benefits and Perks
A strong majority of workers take advantage of the 401(k) plan that Polaris Industries Inc sponsors. Polaris Industries Inc provides health insurance to a large number of employees, and a large number of respondents do receive dental coverage. Polaris Industries Inc folks also make good use of a stock purchase plan, a casual working environment, tuition reimbursement, stock options, and life insurance.