Franklin Electric overview

Franklin Electric is a manufacturer of submersible pumps, submersible electric motors, and components for applications such as fueling systems and center pivot irrigation systems. The company was founded in 1944 in Bluffton, Indiana, USA and named in honor of Benjamin Franklin.
The staff at Franklin Electric come from unusually diverse demographic backgrounds. The company is 31.2% female and 29.2% ethnic minorities. Despite its diversity in other areas, Franklin Electric employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 81.8%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Franklin Electric has great employee retention with staff members usually staying with the company for 3.8 years. The average employee at Franklin Electric makes $42,797 per year. In comparison, some of its highest paying competitors, like Kennametal, Crown Equipment, and SKF USA, pay $56,722, $51,908, and $51,796, respectively.
A large manufacturing company with 5,200 employees and an annual revenue of $1.0B, Franklin Electric is headquartered in Fort Wayne, Indiana.

The Organization’s Mission

To provide safe, reliable, and cost-effective water supplies to suffering communities, focusing on Africa, where the need is greatest.

Perks of Working at Franklin Electric

Employees frequently mention the yearly bonuses, career growth opportunities, good pay and free drinks this company provides.

Industry

Industrial Products

Revenue

$1.0B

Employees

5,200

Founded in

1944

Headquarters

Fort Wayne, IN

Website

franklin-electric.com

Organization Type

Public

Is This Your Company?

The team at Franklin Electric

Key People
  • John Haines (cfo)
  • Sarah Baum (Director Communications And Marketing Services)
  • Gregg Sengstack (ceo)
  • Ilse Gallegos (Media & Marketing Communications Specialist)
  • Eric Pulley (Marketing Communications Manager)
The Inside Scoop
Founded in 1944, Franklin Electric has been the global leader in the manufacturing and distribution of products and systems focused on the movement and management of water and fuel ever since. This family-oriented company is the driving force in groundwater pumping for residential, commercial, agricultural, industrial, and municipal applications. Based in Fort Wayne, Indiana, Franklin Electric has around $1 billion in revenue.
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The Culture At Franklin Electric

Information provided by the company
If you want to work for a company with a passion for quality and innovation, consider Franklin Electric, or one of our companies. As the premier designer and manufacturer of residential, agricultural, and commercial water and fuel systems, we're making a f
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We have a passion for quality and innovation. Your career at Franklin will be well rewarded with competitive compensation and benefits--and more.

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Franklin Electric Rankings

Franklin Electric is ranked #27 on the Best Companies to Work For in Indiana list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Franklin Electric Salaries

How much does Franklin Electric pay?
The national average salary for a Franklin Electric employee in the United States is $42,797 per year. Employees in the top 10 percent can make over $77,000 per year, while employees at the bottom 10 percent earn less than $23,000 per year.
9.1
Salary Score
Average Employee Earnings

Franklin Electric Salaries By Job Title

The average employee at Franklin Electric earns a yearly salary of $42,797 per year, but different jobs can earn drastically different salaries. The higher paying positions at Franklin Electric include Senior Systems Analyst, Continuous Improvement Manager, Executive Sales Assistant, and Engineering Technician. A typical Senior Systems Analyst salary at Franklin Electric is $84,811. Other roles at Franklin Electric include Assembly Line Worker and Assembler. A Assembly Line Worker at Franklin Electric earns an average yearly salary of $22,717.

Franklin Electric careers

On average, employees at Franklin Electric stay with the company for 3.8 years. Employees most commonly join Franklin Electric after leaving Walmart. When they leave Franklin Electric, they most frequently get their next job at Walmart.

Average Length of Employment

Franklin Electric

3.8 years
Pentair3.5 years
CTS2.6 years
Top Employers Before Franklin Electric
Walmart16.8 %
US Army16.8 %
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Top Employers After Franklin Electric
Walmart13.1 %
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Franklin Electric Financial Performance

8.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1944

Organization type

Public

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Franklin Electric Competitors

Some of the competitors of Franklin Electric are Kennametal, Crown Equipment, and SKF USA. The wages at Kennametal average higher than the other similar companies, where the median salary is $56,722 per year. The salaries at Crown Equipment average $51,908 per year, and the salaries at SKF USA come in at $51,796 per year.

Frequently Asked Questions about Franklin Electric

When was Franklin Electric founded?

Franklin Electric was founded in 1944.

How many Employees does Franklin Electric have?

Franklin Electric has 5,200 employees.

How much money does Franklin Electric make?

Franklin Electric generates $1.0B in revenue.

What industry is Franklin Electric in?

Franklin Electric is in the industrial products industry.

What is Franklin Electric's mission?

Franklin Electric's mission statement is "To provide safe, reliable, and cost-effective water supplies to suffering communities, focusing on Africa, where the need is greatest."

What type of company is Franklin Electric?

Franklin Electric is a public company.

Who are Franklin Electric's competitors?

Franklin Electric competitors include Pentair, CTS, Banner Engineering, Flint & Walling, HyPro, TB Woods, Crown Equipment, A. O. Smith, HSM, Allied Plastic, SKF USA, Kennametal, Olympic Steel, COPELAND, Pioneer Products, SAF, Firth Rixson, Mueller Co, Rheem Manufacturing, Leggett & Platt.

Who works at Franklin Electric?

John Haines (cfo)

Sarah Baum (Director Communications And Marketing Services)

Gregg Sengstack (ceo)

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You can find out what it is like to work at Franklin Electric, also known as FRANKLIN ELECTRIC CO INC, Franklin Electric, Franklin Electric Co Inc, Franklin Electric Co. Inc. and Franklin Electric Co., Inc..

Zippia gives an in-depth look into the details of Franklin Electric, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Franklin Electric. The employee data is based on information from people who have self-reported their past or current employments at Franklin Electric. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Franklin Electric and its employees or that of Zippia.