The highest average salaries go to Technical Specialists, who bring in close to about $89K annually, though Senior Mechanical Engineers are not far behind at approximately $77K along with Mechanical Engineers ($76K) and Senior Financial Analysts (around $74K). With salaries averaging $58K, Financial Analysts are among the lowest paid at Cummins, Inc.
Years of Experience
For those with five to nine years of experience, average earnings amount to $79K per year. When we consider tenure, a substantial portion of employees (34 percent) have been working for one to four years and make approximately $66K annually on average.
When it comes to location, the highest average paycheck ($83K per year) can be spotted in Indianapolis, Ind.; Charleston, S.C. (about $78K), the company's headquarter city of Columbus, Ind. ($78K), and Memphis, Tenn. (around $76K) are the next top-paying cities. At $59K, Nashville, Tenn. is home to some of the lowest pay in the country. Cummins, Inc. workers in Indiana earn the most — $79K annually on average.
Certifications and Degrees
Monetary compensation comes to $93K per year for Project Management Professionals, far surpassing the earnings of non-credentialed workers. Certified Six Sigma Black Belts with credentials can live quite comfortably; median salaries come in at approximately $91K annually. Regarding salaries and education, Cummins, Inc. pays those with a Bachelor of Science in Mechanical Engineering (ME) the most — about $120K.
The highest-paying skill to have in this role seems to be People Management; employees claiming this as part of the toolbox earn a median of $91K per year. Project Management is a popular skill in the Cummins, Inc. workforce; close to a fourth of those surveyed report putting it to use in their jobs. Some other standard skills here are Microsoft Excel, Engineering Design, and Microsoft Office.
Benefits and Perks
Quite a few retirement plans are on offer at Cummins, Inc., including a 401(k) plan and a company pension plan. The vast majority of workers can count on health insurance, and a large number of workers have dental coverage as a benefit. Perks also include life insurance, tuition reimbursement, a stock purchase plan, and a subsidized cell phone.