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Penske Truck Leasing overview

Industry
Motor Vehicle Rental
Revenue
Headquarters
Employees
36,000
Founded in
Website
Organization type
Private
Social media

Penske Truck Leasing is a transportation company focusing on full-service truck leasing, contract maintenance, and fleet tracking. Founded in 1969, the company has grown into an industry leader with 36,000 employees and an impressive annual revenue totaling $8.4 billion. Penske offers comprehensive services that cater to a diverse clientele, including preventive maintenance, roadside assistance, collision repair, and fleet tracking.

Under the leadership of CEO Brian Hard, Penske Truck Leasing maintains a competitive edge with its diverse workforce. The company comprises 21.9% female and 36.7% ethnic minority employees. Despite this diversity, it has an unusually high proportion of Republican Party members at 70%. Penske is known for great employee retention, with staff members staying with the company for an average of 5.3 years. Employees earn a competitive annual salary averaging $48,373, allowing Penske to consistently deliver top-notch services in the transportation industry.

Penske Truck Leasing's mission statement

Penske is a company where people help people move ahead. One way we do this is by promoting a culture and an environment that embraces diversity and inclusion. As a result, we are a stronger, more competitive company that better reflects the customers and communities we serve around the globe.

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3.4/5

Penske Truck Leasing employee reviews

Based on 14 ratings

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Job openings at Penske Truck Leasing
237 positions

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Penske Truck Leasing employee reviews

Penske Truck Leasing employee reviews
3.4/5

Based on 14 ratings

Work at Penske Truck Leasing? Share your experience.
Employee reviews
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4.0
A zippia user wrote a review on Aug 2024
Pros of working at Penske Truck Leasing

A lot of preventative maintenance.

Cons of working at Penske Truck Leasing

Not enough chances to grow with the company.

Penske Truck Leasing benefits

Health

How would you improve Penske Truck Leasing's culture?

Try and promote techs that actually put the time and effort.

How did you prepare for the Penske Truck Leasing interview?

Being honest and sincere

How does your compensation at Penske Truck Leasing compare to the industry average?

It’s alright to get you stared, but there’s more money to be made out there.

What's the diversity at Penske Truck Leasing like?

It’s really nice and diverse.

What brings you the most joy at Penske Truck Leasing?

The people that help you out when help is needed.

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1.0
A zippia user wrote a review on Mar 2024
Pros of working at Penske Truck Leasing

None

Cons of working at Penske Truck Leasing

You will make far less as a technician 1, 2, or 3 at Penske compared to all of its competitors.

How would you improve Penske Truck Leasing's culture?

Lots to work on there, encountered discriminatory behavior from my supervisor

How does your compensation at Penske Truck Leasing compare to the industry average?

far lower than industry average, look it up. Level 1's make $33/hr. Top level techs at other employers are in the 60-80's.

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5.0
A zippia user wrote a review on Jan 2024
Pros of working at Penske Truck Leasing

Everything

Cons of working at Penske Truck Leasing

Filing, I don’t like to file.

Penske Truck Leasing benefits

Hours/pay, people I worked with. 401K

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5.0
A zippia user wrote a review on Jun 2023
Pros of working at Penske Truck Leasing

Career stability and growth opportunities

Cons of working at Penske Truck Leasing

Location

Penske Truck Leasing benefits

Retirement Benefits are very good.

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1.0
A zippia user wrote a review on Mar 2023
Pros of working at Penske Truck Leasing

Salary and learning new things, ability to grow

Cons of working at Penske Truck Leasing

Very outdated work style, heavy micro managing, most of the jobs could be easily remote. Expected to travel and do business face to face even though MS teams exists now... everything feels like energy spent on tasks that have no effect on your actual job just side projects for management to take to their boss. 55-60 hour work weeks too to top it off. Is it worth it? If you don't have a family maybe.

Penske Truck Leasing benefits

I get to work with different manufacturers which I have a good relationship with and pay is good as well

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1.0
A zippia user wrote a review on Mar 2023
Pros of working at Penske Truck Leasing

Great salary and challenge on a daily basis. Opportunity to grow and move up.

Cons of working at Penske Truck Leasing

Over worked on a daily basis. Constant micro managing unfortunately occurs in the vehicle supply/ planning floor(this is well known and filling positions takes extremely long) The expectations are mind numbing and on the employee to solve all the company’s problems since the management are in meetings all day. Training you are on your own to teach yourself with the resources that are provided to you. If you are a person who works hard when able to focus this company is not for you, you could be given extra projects daily and be expected to provide reports for managers meetings. Oh and for a company of this magnitude their technology is from of 2005. Overall the company has potential but they are focusing on the wrong areas like making sure employees are in 5 days a week and face to face meetings. Very outdated mindset and business values.

Penske Truck Leasing benefits

Salary

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5.0
A zippia user wrote a review on Apr 2021
Pros of working at Penske Truck Leasing

I liked working there the work was so low i was not getting any work so i am seeking other employment.

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4.0
A zippia user wrote a review on May 2020
Pros of working at Penske Truck Leasing

The work at Penske is challenging, rewarding and engaging. I liked being able to work with customers to find what best suited their needs. I enjoyed developing relationships with customers and my coworkers which allowed me to learn about my surroundings.

Cons of working at Penske Truck Leasing

The work-life balance at Penske skews heavily towards work with many individuals working 70+ hours a week. As with all retail jobs, some days are worse than others for a wide variety of reasons.

Penske Truck Leasing benefits

As I did not take any insurance from Penske, my favorite benefit is the PTO provided.

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4.0
A zippia user wrote a review on Apr 2020
Pros of working at Penske Truck Leasing

Coworkers are great, and it was a great learning environment.

Cons of working at Penske Truck Leasing

Had to move to another state when promoted.

Penske Truck Leasing benefits

Matched 401k up to 5%

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5.0
A zippia user wrote a review on Aug 2019
Pros of working at Penske Truck Leasing

The responsibilities to supporting an entire company with your independence

Cons of working at Penske Truck Leasing

no room for growth within the company

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2.0
A zippia user wrote a review on Jul 2019
Pros of working at Penske Truck Leasing

Ability to use my creativity

Cons of working at Penske Truck Leasing

No time to use my creativity regularly, 60+ hour work weeks, a do more with less culture and old world thinking

Penske Truck Leasing benefits

None, you can't even rent a truck for free, unless you are VP and above you don't really get any.

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The team at Penske Truck Leasing

  • The founders of Penske Truck Leasing is Roger Penske.
  • The key people at Penske Truck Leasing are Brian Hard and Roger Penske.
Key people
Brian Hard
Roger Penske

Penske Truck Leasing rankings

Penske Truck Leasing is ranked #8 on the Best Transportation companies to work for in Pennsylvania 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.

Penske Truck Leasing salaries

Average Penske Truck Leasing salary
$48,373
yearly
$23.26 hourly
Updated March 14, 2024

Evaluate Penske Truck Leasing's commitment to diversity and inclusion.

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Penske Truck Leasing diversity

9.6
Diversity score
We calculated Penske Truck Leasing’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Penske Truck Leasing’s workforce.
Penske Truck Leasing diversity summary. Zippia estimates Penske Truck Leasing'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 Penske Truck Leasing's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Penske Truck Leasing's workforce.
  • Penske Truck Leasing has 36,000 employees.
  • 22% of Penske Truck Leasing employees are women, while 78% are men.
  • The most common ethnicity at Penske Truck Leasing is White (63%).
  • 15% of Penske Truck Leasing employees are Hispanic or Latino.
  • 11% of Penske Truck Leasing employees are Black or African American.
  • The average employee at Penske Truck Leasing makes $48,373 per year.
  • Penske Truck Leasing employees are most likely to be members of the republican party.
  • Employees at Penske Truck Leasing stay with the company for 5.3 years on average.

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Penske Truck Leasing financial performance

9.8
Performance score

Highest paying Penske Truck Leasing competitors

Compare Penske Truck Leasing salaries to competitors, including Ryder System, Group One, and Agway Energy Services. Employees at Ryder System earn the highest average yearly salary of $52,812. The salaries at Group One average $52,271 per year, and the salaries at Agway Energy Services come in at $49,962 per year.
RankCompanyAverage salaryJobs
1$52,8120
2$52,2710
3$49,9620
4$49,3590
5$47,1200
6$45,3630
7$44,9410
8$43,5930
9$43,1200
10$40,2970

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Zippia gives an in-depth look into the details of Penske Truck Leasing, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Penske Truck Leasing. The employee data is based on information from people who have self-reported their past or current employments at Penske Truck Leasing. 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 Penske Truck Leasing. The data presented on this page does not represent the view of Penske Truck Leasing and its employees or that of Zippia.

Penske Truck Leasing may also be known as or be related to Penske Truck Leasing, Penske Truck Leasing Co LP, Penske Truck Leasing Co. LP and Penske Truck Leasing Co., L.P.