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Parker Hannifin overview

Industry
Manufacturing
Revenue
Headquarters
Employees
57,170
Founded In
Organization Type
Public
Social Media
With annual sales of $10 billion for fiscal year 2010, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. The company's products are vital to virtually everything that moves or requires control, including the manufacture and processing of raw materials, durable goods, infrastructure development and all forms of transport. Traded on the New York Stock Exchange under the symbol "PH," Parker is strategically diversified, value-driven and well positioned for global growth as the industry consolidator and supplier of choice.
The staff at Parker Hannifin come from unusually diverse demographic backgrounds. The company is 33.1% female and 35.8% ethnic minorities. Parker Hannifin employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 57.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Parker Hannifin seem to be happy. The company has great employee retention with staff members usually staying for 6.2 years.The average employee at Parker Hannifin makes $51,968 per year. Pay at Parker Hannifin is significantly lower than some of its highest paying competitors, like IDEX, Fortive, and SPX, which pay $75,500, $70,794, and $62,620, respectively.
Based in Cleveland, OH, Parker Hannifin is an industry leader with 57,170 employees and an annual revenue of $19.0B.

Parker Hannifin's Mission Statement

At Parker, we believe in partnerships with our clients so that we can provide solutions that help to achieve higher productivity and revenue by engineering the best systems for the customer.

3.3/5

Parker Hannifin employee reviews

Based on 18 ratings

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Job openings at Parker Hannifin
683 Positions
Average salary at Parker Hannifin
$51,968 yearly

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Parker Hannifin employee reviews

Parker Hannifin employee reviews
3.3/5

Based On 18 Ratings

Work At Parker Hannifin? Share your experience.
Employee Reviews
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3.0
A zippia user wrote a review on Feb 2024
Pros of working at Parker Hannifin

Good benefits

Cons of working at Parker Hannifin

Really bad environment, the supervisors needs more training.

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5.0
A zippia user wrote a review on Feb 2024
Pros of working at Parker Hannifin

Fair treatment and advancement opportunities

Cons of working at Parker Hannifin

none

Parker Hannifin Benefits

great management that I felt my job was secure

How did you prepare for the Parker Hannifin interview?

application and showing myn backround

How would you improve Parker Hannifin's culture?

i wouldn't

What do you like best about Parker Hannifin's CEO and the leadership team?

Theyn think of ahead and impliment that thinking

How does your compensation at Parker Hannifin compare to the industry average?

way above average work there 32 years

What's the diversity at Parker Hannifin like?

don't think about it

What brings you the most joy at Parker Hannifin?

doing what I was trained to do and rewarding for it

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2.0
A zippia user wrote a review on Jan 2024
Pros of working at Parker Hannifin

Benefits are decent

Cons of working at Parker Hannifin

Constant management change. Low pay. Still no raise after 5 years.

Parker Hannifin Benefits

A lot of paid time off. Used most of my vavation time because there isn't enough work.

What do you like best about Parker Hannifin's CEO and the leadership team?

Leadership?

How would you improve Parker Hannifin's culture?

Bring the work back in most of it is now outsorced

How did you prepare for the Parker Hannifin interview?

No interview, no review. The company I worked for was bought out.

How does your compensation at Parker Hannifin compare to the industry average?

Lower than average.

What's the diversity at Parker Hannifin like?

Don't care about diversity or demograghics. Just good people that can do the job.

What brings you the most joy at Parker Hannifin?

Some of my co-workers, dew to lack of work you can stand around and do nothing.

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5.0
A zippia user wrote a review on Apr 2023
Pros of working at Parker Hannifin

Great Health Care and Retirement Benefits, Stable Management, Great Installed Base

Cons of working at Parker Hannifin

Same as any other huge corporation, Too much diversity being pushed by HR

Parker Hannifin Benefits

Health Care and bonus

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2.0
A zippia user wrote a review on Apr 2023
Pros of working at Parker Hannifin

Production is boom or bust, with no effort made to equalize the work flow.

Cons of working at Parker Hannifin

Expect little (if any) notice before mandatory overtime is required. “Work life balance” is just a phrase which appears on the employee survey each year

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3.0
A zippia user wrote a review on Dec 2021
Pros of working at Parker Hannifin

Benefits are decent

Cons of working at Parker Hannifin

Extremely low wages! to be a part of such a huge company that people know for good pay. The division I speak of is not an original part of Parker Hannafin.

Parker Hannifin Benefits

Work hours, people

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3.0
A zippia user wrote a review on Oct 2021
Pros of working at Parker Hannifin

I loved the consistency of the work process

Cons of working at Parker Hannifin

The company let’s good hardworking employees go without over looking their work

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5.0
A zippia user wrote a review on Aug 2021
Pros of working at Parker Hannifin

do shipping and receiving

Cons of working at Parker Hannifin

not sure at this time

Parker Hannifin Benefits

I am not sure about the perks

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1.0
A zippia user wrote a review on Jun 2020
Pros of working at Parker Hannifin

Lack of diversity in upper management: never has! No aspiration for minority.

Cons of working at Parker Hannifin

See above

Parker Hannifin Benefits

Stable job going nowhere

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2.0
A zippia user wrote a review on May 2020
Pros of working at Parker Hannifin

clean working conditions, decent pay, good benefits, nice coworkers

Cons of working at Parker Hannifin

management does not follow hpt company policies.they lie,stab you in the back,very disrespectful. do not trust management.

Parker Hannifin Benefits

rona

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5.0
A zippia user wrote a review on Oct 2019
Pros of working at Parker Hannifin

Working among a team that pushed each other for higher standards, Good pay, Strong schedule to stay on task, Good leadership.

Cons of working at Parker Hannifin

Did not see a lot of people moving up in the company

Parker Hannifin Benefits

Money allotted for gym membership

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3.0
A zippia user wrote a review on May 2019
Pros of working at Parker Hannifin

Reputable Company with a good background, around like minded individuals

Cons of working at Parker Hannifin

Low Pay

Parker Hannifin Benefits

Bonus

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The team at Parker Hannifin

  • The founders of Parker Hannifin are Arthur Parker, Carl Klamm and John Swartley.
  • The key people at Parker Hannifin are Thomas L. Williams, Arthur Parker and Carl Klamm.
Key People
Thomas L. Williams
Arthur Parker
Carl Klamm
John Swartley
The Inside Scoop
Parker Hannifin, established in 1917 in Columbus, OH, is a Fortune 250 global leader in motion and control technologies. The company's products are vital to virtually everything that moves or requires control. Its key technology areas are aerospace, climate control, electromechanical, filtration, fluid and gas handling, hydraulics, pneumatics, process control, sealing and shielding and human motion. Parker is located in 50 countries around the world supporting 100 divisions with 336 manufacturing locations.

Parker Hannifin Rankings

Parker Hannifin is ranked #23 on the Best Manufacturing Companies to Work For in Ohio 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.

Read more about how we rank companies.

Parker Hannifin salaries

The average a Parker Hannifin salary in the United States is $51,968 per year. Parker Hannifin employees in the top 10 percent can make over $97,000 per year, while Parker Hannifin employees at the bottom 10 percent earn less than $27,000 per year.
Average Parker Hannifin Salary
$51,968
yearly
$24.98 hourly
Updated March 14, 2024

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Parker Hannifin diversity

9.9
Diversity Score
We calculated Parker Hannifin’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Parker Hannifin’s workforce.
Parker Hannifin diversity summary. Zippia estimates Parker Hannifin's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Parker Hannifin's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Parker Hannifin's workforce.
  • Parker Hannifin has 57,170 employees.
  • 33% of Parker Hannifin employees are women, while 67% are men.
  • The most common ethnicity at Parker Hannifin is White (64%).
  • 14% of Parker Hannifin employees are Hispanic or Latino.
  • 11% of Parker Hannifin employees are Black or African American.
  • The average employee at Parker Hannifin makes $51,968 per year.
  • Parker Hannifin employees are most likely to be members of the republican party.
  • Employees at Parker Hannifin stay with the company for 6.2 years on average.

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Parker Hannifin Office Locations

Parker Hannifin is headquartered in Cleveland, OH

Biggest Parker Hannifin Locations

RankCityJob CountAvg. Salary
1Cleveland, OH26$50,908
2Fort Worth, TX20$51,002
3Greensboro, NC20$48,608
4Miami, FL11$45,649
5Chicago, IL5$51,648
6Tucson, AZ5$51,651
7Indianapolis, IN4$48,076
8Colorado Springs, CO4$54,120
9Lexington, KY4$47,990
10Minneapolis, MN3$52,828

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Parker Hannifin Financial Performance

9.8
Performance Score

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

Parker Hannifin currently has 19.1B in revenue. Parker Hannifin's most recent quarter produced 5.1b (q4'2023).

Parker Hannifin annual revenue

$19B
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Highest paying Parker Hannifin competitors

Compare Parker Hannifin salaries to competitors, including IDEX, Fortive, and SPX. Employees at IDEX earn the highest average yearly salary of $75,500. The salaries at Fortive average $70,794 per year, and the salaries at SPX come in at $62,620 per year.

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Zippia gives an in-depth look into the details of Parker Hannifin, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Parker Hannifin. The employee data is based on information from people who have self-reported their past or current employments at Parker Hannifin. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Parker Hannifin. The data presented on this page does not represent the view of Parker Hannifin and its employees or that of Zippia.

Parker Hannifin may also be known as or be related to Parker Hannifin, Parker Hannifin Corp, Parker Hannifin Ltd., Parker-Hannifin and Parker-Hannifin Corporation.