Parts Manager Salary at Team Penske BETA

How much does a Team Penske Parts Manager make?

As of May 2025, the average annual salary for a Parts Manager at Team Penske is $79,403, which translates to approximately $38 per hour. Salaries for Parts Manager at Team Penske typically range from $69,401 to $91,987, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Team Penske Overview

Website:
teampenske.com
Size:
200 - 500 Employees
Revenue:
$50M - $200M
Industry:
Hospitality & Leisure

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 Championships, a Formula 1 win, overall victories in the 24 Hours of Daytona and the 12 Hours of Sebring, along with a win in Australia's legendary Bathurst 1000 race. In 2022, Team Penske will compete in the NTT INDYCAR SERIES, NASCAR Cup Series and the World Endurance Championship.

See similar companies related to Team Penske

What Skills Does a person Need at Team Penske?

At Team Penske, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  2. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  3. Inventory Control: Inventory control or stock control can be broadly defined as "the activity of checking a shop’s stock." However, a more focused definition takes into account the more science-based, methodical practice of not only verifying a business' inventory but also focusing on the many related facets of inventory management (such as forecasting future demand) "within an organisation to meet the demand placed upon that business economically." Other facets of inventory control include supply chain management, production control, financial flexibility, and customer satisfaction. At the root of inventory control, however, is the inventory control problem, which involves determining when to order, how much to order, and the logistics (where) of those decisions. An extension of inventory control is the inventory control system. This may come in the form of a technological system and its programmed software used for managing various aspects of inventory problems , or it may refer to a methodology (which may include the use of technological barriers) for handling loss prevention in a business.
  4. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  5. Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

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Check more jobs information at Team Penske

Job Title Average Team Penske Salary Hourly Rate
2 Accountant $81,382 $39
3 Apparel Coordinator $130,480 $63
4 Assembly Manager $99,166 $48
5 Business Associate $141,358 $68
6 Chief $264,761 $127
7 Chief Financial Officer $398,107 $191
8 Data Engineer $116,604 $56
9 Director, Transportation $145,566 $70
10 Engineering Intern $54,437 $26
11 Fabricator $63,217 $30
12 Junior Engineer $123,873 $60
13 Manager, Accounting $111,605 $54

Hourly Pay at Team Penske

The average hourly pay at Team Penske for a Parts Manager is $38 per hour. The location, department, and job description all have an impact on the typical compensation for Team Penske positions. The pay range and total remuneration for the job title are shown in the table below. Team Penske may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $79,403 look to you?

FAQ about Salary and Jobs at Team Penske

1. How much does Team Penske pay per hour?
The average hourly pay is $38. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Team Penske?
According to the data, the highest approximate salary is about $91,987 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Team Penske?
According to the data, the lowest estimated salary is about $69,401 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.