Meritor overview

Meritor, Inc. is an American corporation headquartered in Troy, Michigan, which manufactures automobile components for military suppliers, trucks, and trailers. Meritor is a Fortune 500 company. In 1997, Rockwell International spun off its automotive business as Meritor.
The staff at Meritor come from unusually diverse demographic backgrounds. The company is 26.0% female and 32.6% ethnic minorities. Meritor employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 64.3% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Meritor seem to be happy. The company has great employee retention with staff members usually staying for 3.8 years. The average employee at Meritor makes $54,360 per year. Pay at Meritor is significantly lower than some of its highest paying competitors, like Arvinmeritor Exhaust Systems, Visteon, and Robert Bosch, which pay $88,025, $74,779, and $72,101, respectively.
A large automotive company with 8,200 employees and an annual revenue of $3.2B, Meritor is headquartered in Troy, Michigan.

The Organization’s Mission

We anticipate our customers' needs by developing innovative products that provide superior performance, energy efficiency and reliability. We provide a leading portfolio of differentiated services supporting our customers' products throughout their lifecycle. We distinguish ourselves through our ability to consistently deliver on our commitments while maximizing value for our shareholders, customers, and employees.

Industry

Autos

Revenue

$3.2B

Employees

8,200

Founded in

1909

Headquarters

Troy, MI

Website

meritor.com

Organization Type

Public

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The team at Meritor

Key People
  • Carl Anderson (cfo)
  • Jeffrey Craig (ceo)

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Meritor Rankings

Meritor is ranked #24 on the Best Automotive Companies to Work For in America 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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Meritor Salaries

How much does Meritor pay?
The national average salary for a Meritor employee in the United States is $54,360 per year. Employees in the top 10 percent can make over $99,000 per year, while employees at the bottom 10 percent earn less than $29,000 per year.
8.7
Salary Score
Average Employee Earnings

Meritor Salaries By Job Title

While Meritor employees earn an average yearly salary of $54,360, different roles can command different wages. Some of the job titles with high salaries at Meritor are Product Manager, Senior Finance Analyst, Project Manager, and Project Engineer. A worker with the title Product Manager salary at Meritor can earn an average yearly salary of $101,792. To get a better sense of the salaries at Meritor, other roles such as Picker And Packer and Assembly Line Worker can be considered as well. For comparison, the title Picker And Packer at Meritor earns $22,299 per year.

Meritor careers

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

Average Length of Employment
Dana4.9 years
Bendix4.3 years

Meritor

3.8 years
Top Employers Before Meritor
Walmart17.0 %
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Top Employers After Meritor
Amazon10.0 %
Dana8.2 %
Eaton6.5 %
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Meritor Employment Videos

Meritor Financial Performance

10.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1909

Organization type

Public

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Meritor Subsidiaries

Subsidiaries to Meritor include Arvinmeritor Exhaust Systems, ArvinMeritor OE, and Arvin Innovation. Employees at the parent company, Meritor, earn $54,360. In comparison, the salaries at Arvinmeritor Exhaust Systems, ArvinMeritor OE, and Arvin Innovation are $88,025, $53,665, and $44,850.

Meritor Competitors

Based on our research, similar companies to Meritor are Arvinmeritor Exhaust Systems, Visteon, and Robert Bosch. The average salaries at Arvinmeritor Exhaust Systems rank the highest, with their employees earning an average salary of $88,025 per year. The salaries at Visteon average $74,779 per year, and the salaries at Robert Bosch come in at $72,101 per year.

Frequently Asked Questions about Meritor

When was Meritor founded?

Meritor was founded in 1909.

How many Employees does Meritor have?

Meritor has 8,200 employees.

How much money does Meritor make?

Meritor generates $3.2B in revenue.

What industry is Meritor in?

Meritor is in the autos industry.

What is Meritor's mission?

Meritor's mission statement is "We anticipate our customers' needs by developing innovative products that provide superior performance, energy efficiency and reliability. We provide a leading portfolio of differentiated services supporting our customers' products throughout their lifecycle. We distinguish ourselves through our ability to consistently deliver on our commitments while maximizing value for our shareholders, customers, and employees."

What type of company is Meritor?

Meritor is a public company.

Who are Meritor's competitors?

Meritor competitors include Bendix, Dana, General Motors, Arvin Innovation, Arvinmeritor Exhaust Systems, Trw Automotive, ArvinMeritor OE, Dura Automotive Systems, Delphi Automotive Sys, Visteon, Stanadyne, Federal-Mogul, Robert Bosch, Faurecia Automotive Seating, Nexteer Automotive, American Axle & Manufacturing, Accuride, Modine Manufacturing, SIEMENS VDO AUTOMOTIVE, TRW Vehicle Safety Systems.

Who works at Meritor?

Carl Anderson (cfo)

Jeffrey Craig (ceo)

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Zippia gives an in-depth look into the details of Meritor, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Meritor. The employee data is based on information from people who have self-reported their past or current employments at Meritor. 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 Meritor and its employees or that of Zippia.