Parker Hannifin Employee Salaries 2026: Average Pay & Compensation
Parker Hannifin employee salaries are estimated at $105,476 average pay in 2025-2026, with $94,928 median pay and $168,762 average total compensation. Compare Parker Hannifin employee salaries by role, level, bonus, equity, benefits, and Cleveland, OH location context before evaluating an offer.
Average Salary
$105,476
$8,790/mo
Total Compensation
$168,762
base + bonus + equity
Employees
63K
large company
Rating
3.3
★★★☆☆
Direct answer
Parker Hannifin employee salaries 2025-2026: average pay and compensation
The average salary for Parker Hannifin employees is estimated at $105,476 in 2025-2026, with median pay of $94,928 and average total compensation of $168,762 when bonus, equity, and incentive pay are included. Entry-level roles start around $63,286, senior roles average $158,214, and the highest listed role benchmark is Plant Manager at $121,000.
Reviewed by Harlan Voss · Page reviewed May 26, 2026 · Salary data last updated May 19, 2026. Source basis: modeled Salario role-level estimates, public filings, postings, or salary trackers where cited on this page, and BLS wage baselines for context; this is a planning estimate, not a guaranteed offer or internal HR pay band.
Search intent match
Parker Hannifin average employee salary, compensation and role pay
These are the four compensation questions people usually compare before applying to Parker Hannifin: average employee salary, average compensation per employee, salary by role, and salary range by level.
| Search question | 2026 answer | How to use it |
|---|---|---|
| Parker Hannifin average employee salary 2026 | $105,476 average base salary | Compare against the Manufacturing peer average of $94,774. |
| Parker Hannifin average compensation per employee | $168,762 average total compensation | Separate base salary from bonus and equity before comparing offers. |
| Parker Hannifin employee salaries by role | Plant Manager: $121,000 | Manufacturing Engineer: $95,000 | Process Engineer: $92,000 | Use role-specific benchmarks instead of negotiating from the company average alone. |
| Parker Hannifin salary range 2025-2026 | $63,286 to $158,214 across listed entry-to-senior levels | Adjust for level, team, location, bonus cycle, and Cleveland, OH cost context. |
Company-specific pay benchmark
Parker Hannifin Employee Salaries by Role: 2025-2026 Snapshot
Parker Hannifin employee salaries average $105,476 base pay and $168,762 average total compensation in this 2025-2026 benchmark. Within Manufacturing, that puts Parker Hannifin above the peer salary average of $94,774 by +11%. Use this snapshot to compare base salary, bonus potential, senior-level upside, and role-specific pay before accepting or negotiating an offer.
Vs. Manufacturing peers
+11%
peer avg $94,774
Total comp position
+34%
peer avg $125,733
Role pay spread
$35,000
Supply Chain Analyst to Plant Manager
Senior premium
+150%
senior vs entry-level salary
| Negotiation area | Parker Hannifin benchmark | What to verify |
|---|---|---|
| Base salary | $105,476 average, $94,928 median | Compare the offer against the Manufacturing peer average and your exact role level. |
| Bonus target | 10% target, about $10,548 on average salary | Ask whether the target is guaranteed, discretionary, prorated, or tied to company performance. |
| Equity or incentives | 38% of estimated total comp is above base salary | Check vesting schedule, refresh grants, strike price or RSU value, and liquidity timing. |
| Location economics | Cleveland, OH headquarters, $8,790 monthly average pay | Adjust for state taxes, local taxes, rent, commute cost, hybrid policy, and relocation support. |
Parker Hannifin Salary by Level
Salary progression from entry-level to director positions at Parker Hannifin.
Entry-level employees at Parker Hannifin earn around $63,286, while directors can earn $245,232 or more.
Parker Hannifin Average Pay by Role
| Role | Base Salary | Est. Total Comp |
|---|---|---|
| Plant Manager | $121,000 | $133,100 |
| Manufacturing Engineer | $95,000 | $104,500 |
| Process Engineer | $92,000 | $101,200 |
| Quality Engineer | $90,000 | $99,000 |
| Supply Chain Analyst | $86,000 | $94,600 |
Total compensation estimates include base salary and an average 10% bonus. Stock options/equity are offered but vary significantly by role and level.
Parker Hannifin Benefits & Perks
Parker Hannifin Salary Calculator
Select a role and experience level to estimate your salary at Parker Hannifin.
Mid Career (5-9 yrs)
Estimated Salary at Parker Hannifin
$127,000
$10,583/month · $61.06/hr
Est. total comp with 10% bonus: $139,700
About Parker Hannifin
Parker Hannifin is a leading manufacturing company headquartered in Cleveland, OH. With approximately 63K employees, it plays a significant role in the manufacturing sector, offering competitive salaries and comprehensive benefits packages.
Headquarters
Cleveland, OH
Founded
1917
Industry
Manufacturing
Company Size
large
Employees
62,600
Median Salary
$94,928
Hourly Rate
$50.71/hr
Monthly Pay
$8,790
Parker Hannifin Estimated Workplace Ratings
Directional estimates from Salario's company dataset, not scores published by Glassdoor or another review site. Compensation and Culture are derived from the overall and work-life balance estimates. Check current employee reviews before relying on them.
3.3
★★★☆☆
Overall Rating
Similar Manufacturing Companies
Methodology & Sources for Parker Hannifin Salary Data
How we estimate Parker Hannifin compensation data: The salary figures on this page are modeled planning estimates stored in Salario's static company dataset. They are not a live feed and are not aggregated from individual employee submissions to Salario. Where this page lists specific sources such as SEC filings, official job postings, or public salary trackers, those sources are named with the date they were checked. BLS Occupational Employment and Wage Statistics are linked as occupation-level baseline context, not as Parker Hannifin-specific data.
- Base salary benchmarks are modeled estimates by role and level. Parker Hannifin (founded 1917, 63K employees, headquartered in Cleveland, OH) is in the Manufacturing sector.
- Total compensation includes base salary, bonus, and where applicable, equity or other long-term incentives. At Parker Hannifin, bonuses vary by role, level, location, performance cycle, and business division.
- Level mapping normalizes role names across companies (Entry/Junior/Mid/Senior/Lead/Principal/Director) for cross-company comparison.
- Cost-of-living context is not built into these figures; use the cost of living calculator to compare Parker Hannifin's Cleveland, OH pay with other markets.
- Industry comparison on this page compares Parker Hannifin with other Manufacturing companies in the same Salario dataset; BLS national occupation wages are linked below for independent context.
Authoritative compensation data sources:
- BLS Occupational Employment and Wage Statistics, national salary baselines for Manufacturing
- SEC EDGAR, Company Filings, public company executive compensation in DEF 14A proxies
- BLS Industries at a Glance, Manufacturing, sector employment, wages, productivity
- BLS Employment Cost Index, quarterly compensation trend data
- BLS Quarterly Census of Employment and Wages (QCEW), county-level wage data by industry
- DOL Wage and Hour Division, federal wage compliance and minimum wage
Disclaimer: Parker Hannifin compensation figures are modeled estimates that reflect general patterns, not guaranteed offers. Actual salaries vary based on level, location, negotiation, performance, and equity vesting. For personalized career advice, consult HR professionals or executive coaches. For job offers, always negotiate based on multiple data points and your unique value.
Reviewed by Harlan Voss · Salary data last updated May 19, 2026 · Page reviewed May 26, 2026 · BLS links point to the latest release on bls.gov
Parker Hannifin Salary FAQ
What is the average salary at Parker Hannifin in 2026?
Salario estimates the average salary at Parker Hannifin at $105,476 per year in 2026. Modeled entry-level pay is around $63,286, and the senior professional benchmark is $158,214. Estimated total compensation including bonuses and equity is $168,762. These are planning estimates, not official Parker Hannifin pay bands.
What benefits does Parker Hannifin offer?
Parker Hannifin offers a comprehensive benefits package including Health/dental/vision, Gym membership, 401k match 6%, and 3 more benefits. The company also offers stock options or equity compensation. Salario models the average bonus at approximately 10% of base salary. Confirm current benefits and bonus eligibility in the written offer.
What are the highest paying roles at Parker Hannifin?
The highest paying roles at Parker Hannifin include Plant Manager ($121,000), Manufacturing Engineer ($95,000), Process Engineer ($92,000). Executive-level positions can earn up to $295,333 or more annually.
How does Parker Hannifin compare to other Manufacturing companies?
Parker Hannifin has an estimated 3.3/5.0 workplace rating and $105,476 estimated average salary in Salario's company dataset. Compared to peers like General Electric and Caterpillar, it offers above-average compensation in the Manufacturing sector.
Is Parker Hannifin a good company to work for?
Parker Hannifin has an estimated 3.3/5.0 overall workplace rating and 3.7/5.0 work-life balance score in Salario's company dataset. These are directional editorial estimates, not scores published by a specific employee-review site, so check current employee reviews before deciding. The estimate suggests mixed workplace sentiment. The company is headquartered in Cleveland, OH and was founded in 1917, employing 63K people worldwide.
What is the total compensation at Parker Hannifin?
Salario estimates total compensation at Parker Hannifin at $168,762 per year, which includes base salary ($105,476), bonuses (approximately 10% of base), and equity or long-term incentive grants. Senior and executive roles can see significantly higher total compensation packages.
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