Penske Racing Shocks Salary

Penske Racing Shocks Salary

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As of May 2026, the average annual salary for employees at Penske Racing Shocks in the United States is $89,247. This translates to an approximate hourly wage of $43. Salaries at Penske Racing Shocks typically range from $78,605 to $100,709 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Penske Racing Shocks

Ready for your next career move? Explore current job openings at Penske Racing Shocks. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Penske Racing Shocks’s Pay Competitive? Salary Benchmarking Analysis

How does Penske Racing Shocks's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
A&E Custom Manufacturing $88,287
-1.1%
Suggests A&E Custom Manufacturing utilizes a highly similar base-plus-benefits compensation model.
GATE Technologies Inc $101,145
+13.3%
Reflects a supply-demand imbalance for the specific talent GATE Technologies Inc targets.
Quigley Motor Company Inc $85,861
-3.8%
Typical compensation structure for smaller regional agencies like Quigley Motor Company Inc.
Carolina Kitchen Bar & Grill $100,290
+12.4%
Data suggests Carolina Kitchen Bar & Grill's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+36.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Penske Racing Shocks's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Penske Racing Shocks. Click a company name to learn more.

Employee Reviews: Working at Penske Racing Shocks

Considering a career at Penske Racing Shocks? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The company takes pride in its product, and it shows in every detail. Compensation and benefits are competitive within the industry. Teams collaborate well, and there’s a strong emphasis on keeping everything running efficiently. Overall, it’s a stable job for someone looking for consistency and regular hours in a manufacturing environment.
Commented in March 07, 2025
43
2
Training is decent but basic. Safety measures are in place but inconsistently enforced. Leadership is transparent, and weekly meetings keep everyone informed about progress and changes. A very professional company that offers stability and growth. Daily tasks are manageable, and the environment is clean. The team spirit is strong, and colleagues are always willing to assist one another. The proces...
Commented in December 21, 2024
24
0
It’s good to know you’re working for a company that takes its responsibilities seriously. Working here improves my training experience with device manufacturing improved dramatically after partneringThe cleanroom facility meets Class 8 standards perfectly. There's minimal innovation or excitement.
Commented in March 12, 2024
20
1

Penske Racing Shocks Overview

Website
www.penskeshocks.com
Founded In
1985
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
150 Franklin St Reading Pennsylvania PA 19602
Revenue
$5 Million - $10 Million
Phone Number
+1 6103756180
Social Media
About Penske Racing Shocks
Founded in Lodi, California in 1993, Custom Axis was originally formed to provide chassis builders and aftermarket part suppliers with a shock absorber truly tailored to fit their applications and designs. The ability to make a product specific to custom a-arms, swing arms, and suspension geometries allowed Custom Axis to grow in popularity throughout the ATV market. But the ability to produce a c

What Benefits Does Penske Racing Shocks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penske Racing Shocks offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Penske Racing Shocks?
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What Is the Cost of Living Near Reading?

Understanding the cost of living near Reading is key to truly evaluating a salary offer or your current compensation at Penske Racing Shocks.
Reading's Cost of Living Index is approximately 85.1 (14.9% less expensive than US average; 12.4% less than PA average). Berks County city, affordable housing. BARTA bus. When planning your budget based on a salary from Penske Racing Shocks, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,250+ A significant portion of Penske Racing Shocks salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (BARTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,100 - $3,310+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penske Racing Shocks

1. What is the estimated average total compensation at Penske Racing Shocks?

Salary.com estimates that the average total compensation package at Penske Racing Shocks, which can include base salary, potential bonuses, and benefits, is around $89,247 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Penske Racing Shocks pay compared to A&E Custom Manufacturing?

The average annual salary at Penske Racing Shocks is $89,247, or an hourly wage of $43, in comparison to A&E Custom Manufacturing which pays $88,287 per year or $42 per hour.

3. Do salaries differ significantly between departments at Penske Racing Shocks?

Yes, salaries often differ between departments at Penske Racing Shocks due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Penske Racing Shocks?

Salary progression from an entry-level to a senior role at Penske Racing Shocks can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Penske Racing Shocks in Reading is fair given the local cost of living?

To determine if a salary offer from Penske Racing Shocks in Reading is fair, first compare the gross salary to our data for similar roles at Penske Racing Shocks and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Reading" to understand its purchasing power.

6. Are promotions at Penske Racing Shocks usually accompanied by a significant salary increase?

Yes, promotions at Penske Racing Shocks are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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