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Team Penske Salary

Team Penske Salary

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As of October 2026, the average annual salary for employees at Team Penske in the United States is $98,645. This translates to an approximate hourly wage of $47. Salaries at Team Penske typically range from $86,550 to $111,989 annually, reflecting the diverse roles and experience levels within the company.
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Is Team Penske’s Pay Competitive? Salary Benchmarking Analysis

How does Team Penske'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
Claudia Sanders Dinner House $95,343
-3.3%
Claudia Sanders Dinner House focuses strategically on recruiting and training entry-level apprentices.
13th Floor Haunted Houses $106,218
+7.7%
Driven by niche technical certifications required for 13th Floor Haunted Houses's specialized projects.
Meadowlands Racing & Entertainment $119,688
+21.3%
Influenced by prevailing union wage agreements specific to Meadowlands Racing & Entertainment's sector.
The Brumos Collection $99,088
+0.4%
Suggests The Brumos Collection utilizes a highly similar base-plus-benefits compensation model.
Hospitality & Leisure Industry $122,562
+24.2%
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 Team Penske's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Team Penske

Considering a career at Team Penske? 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’s focus on employee well-being is impressive. For anyone in hospitality, this is a forward-thinking employer. The company provides a structured work environment with clear expectations. The benefits, including bonuses and travel discounts, are a huge plus. The facilities are top-notch, contributing to a professional atmosphere.
Commented in March 26, 2025
25
0
The company follows industry trends, though some processes could be updated. They listen to feedback and make improvements when possible. The company’s commitment to employee well-being stands out. The work environment is energetic, and the benefits are excellent. The company invests in employee development, offering courses and mentorship programs.
Commented in February 26, 2025
11
2
While there aren’t many standout perks, the job stability is good. The team feels like a close-knit group, and the company often celebrates employee achievements. I’ve worked in hospitality for several years, and this company is one of the best I’ve been part of. Fair workplace policies. The onboarding process is smooth. If you enjoy hospitality, this is a great place to thrive. Coworkers are help...
Commented in February 12, 2025
10
0
Proud to be part of this team. Career growth is possible here, with clear pathways for promotion. Great employee discounts and incentives.
Commented in November 17, 2024
8
3
The benefits are competitive, and there’s a strong emphasis on professional development. The perks, including hotel discounts, are amazing. It’s a dependable workplace for those in the hospitality and leisure field. The company maintains a structured and professional environment.
Commented in February 21, 2024
26
2

Team Penske Overview

Website
www.teampenske.com
Founded In
2015
Employees
200 - 500 employees
Industry
Hospitality & Leisure
Headquarter Address
200 Penske Way Mooresville North Carolina NC 28115
Revenue
$50 Million - $200 Million
Phone Number
+1 7046642300
Social Media
About Team Penske
Team Penske is one of the most successful teams in the history of professional sports. Cars owned and prepared by Team Penske have produced more than 590 major race wins, over 650 pole positions and 41 championships across open-wheel, stock car and sports car racing competition. Over the course of its 56-year history, the team has also earned 18 Indianapolis 500 victories, three Daytona 500 Champi

What Benefits Does Team Penske Offer Beyond Salary?

A competitive compensation package is more than just a salary. Team Penske 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 Team Penske?
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What Is the Cost of Living Near Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Team Penske.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Team Penske, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Team Penske salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Team Penske

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

Salary.com estimates that the average total compensation package at Team Penske, which can include base salary, potential bonuses, and benefits, is around $98,645 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Team Penske pay compared to Claudia Sanders Dinner House?

The average annual salary at Team Penske is $98,645, or an hourly wage of $47, in comparison to Claudia Sanders Dinner House which pays $95,343 per year or $46 per hour.

3. Do salaries differ significantly between departments at Team Penske?

Yes, salaries often differ between departments at Team Penske 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 Team Penske?

Salary progression from an entry-level to a senior role at Team Penske 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 Team Penske in Charlotte is fair given the local cost of living?

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

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

Yes, promotions at Team Penske 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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