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Parsec Overview

Parsec, Inc. provides contracted terminal management services in the United States and Canada. Its services include equipment loading/unloading, rail stock inspection and repair, lift equipment maintenance, customized fleet maintenance, rail equipment brake inspections, trailer/container repair, road-railer inspection and repair, facility design and start-up, yard hostling, switching, D.O.T. inspections, train verification, train coordinating, gate operations, customs administration, facility maintenance, customized intermodal, equipment leasing, facility security, yard and lot check, billing and tracking, O-T-R drayage, and equipment sales. Parsec, Inc. was founded in 1987 and is based in Cincinnati, Ohio.
The staff at Parsec come from unusually diverse demographic backgrounds. The company is 12.5% female and 42.7% ethnic minorities. Parsec employees are more likely to be members of the Republican Party than the Democratic Party, with 58.8% of employees identifying as members of the Republican Party. But those numbers could change quickly because the turnover rate at Parsec is relatively high. Employees at Parsec stay with the company for an average of 2.6 years before leaving. The average employee at Parsec makes $51,485 per year. Pay at Parsec is significantly lower than some of its highest paying competitors, like Carroll & Co, Dolphin, and Time Management Systems, which pay $69,569, $67,752, and $67,375, respectively.
Based in Ohio, Parsec is a key player in the transportation industry with 1,506 employees and an annual revenue of $300.0M.

The Organization’s Mission

To be the safest, most reliable and most successful provider of intermodal services in the world.

Industry

Technology

Revenue

$300.0M

Employees

1,506

Founded in

1987

Headquarters

Cincinnati, OH

Website

parsecinc.com

Organization Type

Private

Is This Your Company?

The Team At Parsec

Key People

    Otto Budig Jr (CEO)

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What do you like about working for Parsec?

Parsec Rankings

Parsec is ranked #40 on the Best 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.

Parsec Salaries

How much does Parsec pay?
The national average salary for a Parsec employee in the United States is $48,574 per year. Employees in the top 10 percent can make over $105,000 per year, while employees at the bottom 10 percent earn less than $22,000 per year.
9.9
Salary Score
Average Employee Earnings

Parsec Salaries By Job Title

While the average employee salary at Parsec is $48,574, there is a big variation in pay depending on the role.

Some of the positions that earn high wages at Parsec include software engineer, general contractor, operations manager, and data specialist.

A typical software engineer salary at Parsec is $95,890.

To get a better sense of the salaries at Parsec, other roles such as grounds person and yard worker can be considered as well. For comparison, the title grounds person at Parsec earns $22,605 per year.

Title
Average
Software Engineer
Software Engineer
$95,890
$96k
General Contractor
General Contractor
$89,895
$90k
Operations Manager
Operations Manager
$77,156
$77k
Data Specialist
Data Specialist
$75,119
$75k
Yard Hostler
Yard Hostler
$74,369
$74k
Load Planner
Load Planner
$70,915
$71k
Crane Mechanic
Crane Mechanic
$58,624
$59k
Accountant
Accountant
$56,007
$56k
Supervisor
Supervisor
$55,525
$56k
Trailer Mechanic
Trailer Mechanic
$50,015
$50k

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Parsec 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

$100M - $1B

Founded in

1987

Organization type

Private

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Parsec Competitors

Some of the competitors of Parsec are Carroll & Co, Dolphin, and Time Management Systems.

Employees at Carroll & Co earn more than most of the competition, with an average yearly salary of $71,777.

The employees at Dolphin earn an average yearly salary of $70,194 per year, and the salaries at Time Management Systems average $69,730 per year.

Company
Average Salary
$70,194
$70k
Time Management Systems
Time Management Systems
$69,730
$70k
$59,121
$59k
$52,188
$52k
$51,345
$51k
$43,868
$44k

Frequently Asked Questions about Parsec

When was Parsec founded?

Parsec was founded in 1987.

How many Employees does Parsec have?

Parsec has 1,506 employees.

How much money does Parsec make?

Parsec generates $300.0M in revenue.

What industry is Parsec in?

Parsec is in the technology industry.

What is Parsec's mission?

Parsec's mission statement is "To be the safest, most reliable and most successful provider of intermodal services in the world."

What type of company is Parsec?

Parsec is a private company.

Who are Parsec's competitors?

Parsec competitors include Lyft, Throwing Darts, ContainerPort Group, Carroll & Co, J & L Co, Dolphin, Alta Resources, DCS, Asplundh Tree Expert Co, Time Management Systems, Dialog Direct, HydroChemPSC, Data Control Group, Working Solutions, Harland Clarke, Lester, Eco, Webber, Us Logistics, Abacus.

Who works at Parsec?

Otto Budig Jr (CEO)

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Updated May 18, 2020

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

Parsec may also be known as or be related to PARSEC INC, Parsec Inc and Parsec, Inc.