Parker Hannifin Claimed Company
Parker Hannifin is the world's leading diversified manufacturer of motion and control products and... read more
EMPLOYEE
PARTICIPANTS
149
TOTAL
RATINGS
1406
...
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Parker Hannifin Compensation Employee Reviews

What is the best part about your compensation package?

Parker Hannifin quarterly bonus payout

Quick Benefits, Priced Fairly, Beneficial

I need the insurance and time off

The quarterly RONA payments. Great way to share success with employees.

Quarterly bonuses based on specific business unit performance measures.

The profit sharing and employer paid pension.

Happy with goodhealth benefit insurance.

Ability to get part of compensation based on Stock. And the stock is doing well because of good management.

The flexibility it's provides to select what is sutable for me and my family

Review from Operations Dept

Benefits and 401K match to your account

They pay for my prescriptions

I believe it's fair and equal

Review from Operations Dept

Why do you feel undervalued and what would make you feel better about your compensation?

21 dollars a hour starting rate

Sweatshop work environment, thanks Dinu

Undervalued for sure. Working a dual role, but getting paid a little more than average of one position. Not fair

Raises for internal promotion is limited, putting me well below market for the role with no path for adjustment

I don't have a job description...not listed under positions by HR. Also, over the past several years compensation has been limited to 2.5% by corporate. Where is the incentive for those to go above and beyond because when they do, it is not recognized. Something to think about.

Benefits are not on par with peers. More flexibility at a corporate level. Better maternity and paternity leave options. Even a few employee resource groups (it took Parker years just to launch the women's initiative) would be a welcome change.

Review Sentiment at Parker Hannifin

64
64%
36
36%

About Parker Hannifin's Compensation

C+
65/100

Where This Score Ranks Parker Hannifin's Compensation

TOP
50%

In the Top 50% of 1309 similar size companies on Comparably

?

Not enough ratings to compare against companies in Cleveland, OH

3rd

3rd place versus 5 competitors rated on Comparably

68 employees at Parker Hannifin score their wages and compensation a C+ on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 56% say Yes. The Operations department is the most satisfied with their compensation, ranking it 74/100, a full 19 pts above the IT department. If you want detailed data about Parker Hannifin's wages, see the <a href="https://www.comparably.com/companies/parker-hannifin/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Operations
    +9%
  • Experience - Over 10 Years
    +3%
  • Experience - 3 to 6 Years
    +1%

Rate Compensation the Lowest

  • Ethnicity - Hispanic or Latino
    -21%
  • Tenure - 2 to 5 Years
    -19%
  • Experience - 1 to 3 Years
    -12%

How Parker Hannifin's Compensation Score is Calculated

FILTER RATINGS BY

Results from 68 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

Do you believe you're paid fairly?
Are you satisfied with your Benefits?
Does your company give annual bonuses?
Every 6 months or less
17%
Every year
83%
Every 2 years
0%
Every 3 years or more
0%
Never
0%
How often do you get a raise?
×
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