Parker Hannifin Salaries in 2026
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.
Average Salary
$105,476
$8,790/mo
Total Compensation
$168,762
base + bonus + equity
Employees
63K
large company
Rating
3.3
★★★☆☆
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.
Top Paying Roles at Parker Hannifin
| 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 Employee Ratings
3.3
★★★☆☆
Overall Rating
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Methodology & Sources for Parker Hannifin Salary Data
How we estimate Parker Hannifin compensation data: Our salary figures combine self-reported employee compensation data (Glassdoor, Levels.fyi, Comparably, Blind), SEC filings for public companies (DEF 14A proxy statements include executive compensation), and BLS Occupational Employment and Wage Statistics for industry baselines. We weight recent data points (last 2 years) higher to reflect current market conditions.
- Base salary distribution aggregated from employee-reported data points. 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 adjustment uses BLS regional CPI-U data when comparing Parker Hannifin's Cleveland, OH salaries to other markets.
- Industry benchmarking compares Parker Hannifin compensation to BLS national averages for Manufacturing sector occupations.
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 data is aggregated from multiple sources and reflects 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 Brazora Monk · Last updated May 12, 2026 · BLS data current as of latest annual release
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