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Compensation Benchmarking Jobs in Renton, WA (NOW HIRING)

PACCAR

Benchmarking Engineer

Renton, WA · On-site

$86K - $136K/yr

We carefully consider numerous compensation factors, including your education, training, or experience. The salary range for the Senior Benchmarking Engineer position salary range is $86,900 to $136 ...

PACCAR

Benchmarking Engineer

Renton, WA · On-site

$86K - $136K/yr

We carefully consider numerous compensation factors, including your education, training, or experience. The salary range for the Senior Benchmarking Engineer position salary range is $86,900 to $136 ...

PACCAR

Benchmarking Engineer

Renton, WA · On-site

$86K - $136K/yr

We carefully consider numerous compensation factors, including your education, training, or experience. The salary range for the Senior Benchmarking Engineer position salary range is $86,900 to $136 ...

PACCAR

Benchmarking Engineer

Renton, WA

$86K - $136K/yr

We carefully consider numerous compensation factors, including your education, training, or experience. The salary range for the Senior Benchmarking Engineer position salary range is $86,900 to $136 ...

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All JobsCompensation Benchmarking JobsCompensation Benchmarking Jobs in Renton, WA

Compensation Benchmarking information

See Renton, WA salary details

$37.1K

$82.3K

$127.1K

How much do compensation benchmarking jobs pay per year?

As of Jul 14, 2026, the average yearly pay for compensation benchmarking in Renton, WA is $82,327.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,800.00 and $95,000.00 per year, depending on experience, location, and employer.

What is the difference between Compensation Benchmarking vs Compensation Analyst?

AspectCompensation BenchmarkingCompensation Analyst
Primary FocusComparing industry salary data across roles and regionsAnalyzing internal compensation data and making recommendations
ResponsibilitiesGathering market data, identifying trends, setting pay structuresData analysis, report creation, policy development
Required SkillsResearch, data collection, industry knowledgeData analysis, Excel, HR systems

Compensation Benchmarking involves gathering and comparing salary data across industries to inform pay strategies, while Compensation Analysts focus on analyzing internal data to develop compensation policies. Both roles require strong analytical skills, but benchmarking emphasizes external market research, whereas analysts work primarily with internal data.

What job categories do people searching Compensation Benchmarking jobs in Renton, WA look for? The top searched job categories for Compensation Benchmarking jobs in Renton, WA are:
Compensation Benchmarking jobs near you
Benchmarking Engineer

Benchmarking Engineer

PACCAR

Renton, WA • On-site

$86K - $136K/yr

Full-time

Posted 18 days ago

Paccar rating

8.8

Company rating: 8.8 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

38th of 430 rated machine equipment manufacturers

Job description

Company Information

PACCAR is a Fortune 500 company established in 1905. PACCAR Inc is recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of premium light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates and also provides customized financial services, information technology and truck parts related to its principal business.

Whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services, you can develop the career you desire with PACCAR. Get started!
 

Requisition Summary

We are seeking a Benchmarking Engineer to join PACCAR’s Teardown and Benchmarking Center, where competitive insight is translated into real product and cost decisions. This role sits at the intersection of engineering, purchasing, and strategy, leading hands-on teardown benchmarking and cost analysis to identify opportunities that directly influence product design, supplier strategy, and overall vehicle competitiveness.

You will work across next-generation and current production platforms, building clean-sheet cost models, challenging supplier assumptions, and identifying alternative manufacturing and design approaches. This role provides direct exposure to cross-functional decision-making and plays an active role in supplier discussions and cost evaluations, helping translate analysis into actionable outcomes.

Job Functions / Responsibilities
  • Lead teardown and benchmarking activities to analyze competitor products, subsystems, and components, generating actionable cost, design, and manufacturing insights.
  • Perform detailed cost analysis using Clean Sheet, LPPs, VA/VE, and other MCE tools to establish should-cost models and identify cost reduction opportunities.
  • Partner directly with Purchasing in supplier meetings and negotiations, providing data-driven insights to challenge quotations and achieve target costs.
  • Evaluate supplier quotes, including piece price and capital investment assumptions, ensuring alignment with cost targets and manufacturing feasibility.
  • Develop cost models for components and systems, including tooling, equipment, and manufacturing processes across both PACCAR and supplier operations.
  • Analyze current supplier manufacturing processes and conduct feasibility studies on alternative production methods to improve cost, quality, and efficiency.
  • Support new product development and innovation initiatives by contributing cost insights, feasibility assessments, and business case evaluations.
  • Collaborate with Purchasing, Engineering, Product Development, Product Planning, Six Sigma/Benchmarking, and Manufacturing Engineering teams to drive cross-functional alignment and results.
  • Ability to travel up to 10% to support supplier engagement, benchmarking activities, and cross-site collaboration.
Qualifications & Skills
  • Minimum of Bachelor Degree required; (preferably in Mechanical Engineering, Manufacturing Engineering, Automotive Engineer or comparable).
  • Minimum 5 years of relevant experience in automotive or commercial vehicle industries.
  • Knowledge of different manufacturing processes commonly used in the automotive and commercial vehicle industry and its related suppliers.
  • Effective communication and presentation skills, with ability to convey complex cost and technical concepts to cross-functional and supplier audiences.
  • Continuous improvement mindset; Six Sigma or similar training/certification preferred.
  • Strong analytical and problem-solving skills, with ability to develop accurate cost estimates from limited or incomplete technical data.
  • Automotive/Commercial Vehicle experience strongly preferred
  • Ability to travel up to 10% as required.
Additional Job Board Information

PACCAR is an Equal Opportunity Employer/Protected Veteran/Disability and eVerify Employer. At PACCAR, we value talent and promote growth and development. We carefully consider numerous compensation factors, including your education, training, or experience. The salary range for the Senior Benchmarking Engineer position salary range is $86,900 to $136,300 annually. Additionally, this role is eligible for a full range of benefit options listed above. 

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About Paccar

Sourced by ZipRecruiter

PACCAR, Inc. is a Fortune 500 company established in 1905 and is recognized as a global leader in the commercial vehicle, financial, and customer service fields. PACCAR is a global technology leader in the design, manufacture, and customer support of high-quality light-, medium- and heavy-duty trucks under its internationally recognized brands Kenworth, Peterbilt and DAF nameplates. PACCAR designs and manufactures advanced diesel engines and provides customized financial services, information technology and truck parts related to its principal business. Your next career move is waiting at PACCAR whether you want to design the transportation technology of tomorrow, support the staff functions of a dynamic, international leader, or build our excellent products and services. Join the PACCAR team today!

Industry

Motor vehicle manufacturing

Company size

10,000+ Employees

Headquarters location

Bellevue, WA, US

Year founded

1905

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