Average Salary for Caterpillar, Inc. Employees

Based in Peoria, Ill.,construction machinery and equipment player Caterpillar, Inc. offers many employment opportunities, including Design Engineer and Mechanical Engineer positions. The average employee at Caterpillar, Inc. takes home $71K per year. Your role at the company plays the largest role in compensation at Caterpillar, Inc., but your experience level and geography affect income (to a lesser degree) as well. The data for this report comes from responses to the PayScale salary survey.

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Caterpillar, Inc. Median Salary by Job

MinMax

Design Engineer
26 profiles
$76,920
$59K$89K

$79,282
$65K$110K

$71,181
$54K$93K

United States (change)

$79,202
$65K$121K

$99,212
$79K$132K

$101,442
$86K$133K

Buyer
13 profiles
$77,254
$48K$92K

See all degrees for Caterpillar, Inc. »
  • Currency: USD
  • Updated: 15 Jan 2018
  • Individuals Reporting: 585
  • View Table

Find out more about pay at Caterpillar, Inc.

About This Company

100 NE ADAMS ST
Peoria, Illinois 61629

1925

Construction Machinery and Equipment

97,444

Caterpillar, Caterpillar Inc

Caterpillar, Inc. pays its employees an average of $81,624 a year. Salaries at Caterpillar, Inc. range from an average of $53,998 to $121,140 a year. Caterpillar, Inc. employees with the job title President make the most with an average annual salary of $291,281, while employees with the title Cabinetmaker, Bench Carpenter make the least with an average annual salary of $34,363.

Jobs

Bringing in the most money are Senior Mechanical Design Engineers — their earnings average approximately $101K annually. Senior Mechanical Engineers are a close second at about $99K along with Electrical Engineers ($80K) and Mechanical Engineers ($79K). On the lower end are Manufacturing Engineers at $70K on average.

Years of Experience

Respondents who have been working for five to nine years make around $77K per year on average. Workers who have been with the company for more than one year but less than five can make approximately $70K annually on average. The largest fraction of Caterpillar, Inc. people (32 percent) have been working for 10-19 years and earn $97K per year on average.

Locations

When it comes to location, the highest average paycheck (about $91K annually) can be spotted in Chicago, Ill.; Lafayette, Ind. ($86K), the company's headquarter city of Peoria, Ill. ($85K), and Aurora, Ill. (around $75K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Nashville, Tenn. — at $61K, salaries are some of the lowest in the country. Across Caterpillar, Inc.'s U.S. offices, employees in the state of California earn the most, taking home about $99K per year.

Certifications and Degrees

Salaries approach around $108K annually for Certified Six Sigma Black Belts; non-accredited workers make much less. Certified Professional Engineers with credentials can live quite comfortably; median salaries come in at $99K per year. The highest-paying degree here is a Master of Business Administration (MBA), Accounting; Caterpillar, Inc. awards $116K to these degree-holders.

Skills

In this role, the best-paying skill appears to be Product Development; individuals who claim it among their capabilities enjoy a higher median salary of approximately $102K annually. Project Management is a popular skill among Caterpillar, Inc. workers, with approximately one-fourth of those surveyed reporting using it on the job. Microsoft Excel, Microsoft Office, and Engineering Design were also reported by many survey participants.

Benefits and Perks

Paid time off is hard to come by at Caterpillar, Inc.; the company rewards only two-fifths of survey participants with paid vacation time and only 22 percent with sick leave. Most respondents set aside retirement funds in an employer-sponsored 401(k). For a large number of survey participants, benefits include health insurance, and a large number of workers get dental coverage, too. Perks also include life insurance, a casual working environment, tuition reimbursement, and flexible hours.

Caterpillar, Inc. Job Listings

Key Stats for Caterpillar, Inc.

Gender

Female
21 %
Male
79 %
Salary
$44,698 - $88,161
Salary
$56,879 - $100,911

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 215 votes.
Less than 1 year
4%
1-4 years
30%
5-9 years
23%
10-19 years
27%
20 years or more
15%
$61,817 - $102,220
$65,830 - $116,348
$50,335 - $98,472
$54,572 - $98,832

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