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 (38 percent) have been working for five to nine years and make around $73K per year on average.
Earning about $84K annually on average, Senior Mechanical Design Engineers receive the most money, followed by Senior Financial Analysts ($70K), Manufacturing Engineers ($68K), and Electrical Engineers ($68K). Among the lower-paid positions at Polaris Industries Inc are Technical Writers — the median salary for this role approaches about $53K.
When it comes to location, the highest average paycheck ($77K per year) can be spotted in Wyoming, Minn.; Minneapolis, Minn. (around $75K), the company's headquarter city of Medina, Minn. ($68K), and Roseau, Minn. (approximately $65K) are the next top-paying cities. Huntsville, Ala. ranks low on the pay scale — at $64K, it is one of the lowest-paid cities. By state, the highest compensation levels appear in Minnesota, where the average salary is $72K annually.
Certifications and Degrees
Monetary compensation comes to $80K per year for Engineer in Trainings, far surpassing the earnings of non-credentialed workers. Certified Six Sigma Green Belts with credentials can live quite comfortably; median salaries come in at approximately $68K annually. The highest-paying degree here is a Bachelor of Business Administration (BBA); Polaris Industries Inc awards $113K to these degree-holders.
When it comes to skills, Engineering Design seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $79K per year. A relatively widespread skill at Polaris Industries Inc is Microsoft Office; about one in six of employees use it for work. Microsoft Excel, Data Analysis, and Pro/Engineer are also desirable skills.
With a more than 3 to 1 male-to-female ratio, men represent the better half of Polaris Industries Inc's employees who responded to the survey.
Benefits and Perks
A fair number of workers participate in the company's 401(k) retirement savings plan. At Polaris Industries Inc, a fair number of employees have health insurance, and a solid majority of survey participants have dental coverage. Privileges also include a stock purchase plan, a casual working environment, tuition reimbursement, stock options, and life insurance.