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Penske Truck Leasing

Engaged Employer

Penske Truck Leasing reviews

3.3

56% would recommend to a friend

(2,535 total reviews)
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Brian Hard

73% approve of CEO

51% positive business outlook

Penske Truck Leasing has an employee rating of 3.3 out of 5 stars, based on 2,535 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Penske Truck Leasing employee rating is in line with the average (within 1 standard deviation) for employers within the Transportation & Logistics industry (3.5 stars).

Reviews by job title

3K reviews
2.0
Aug 3, 2016
Recommend
CEO approval
Business Outlook

Pros

Provides a resonable wage for an entry-level position but not much else here that could be considered a benefit besides that

Cons

The entire work cultural is based on greed. Upper management wants you to squeeze every possible penny of profit from every transaction which often forces you to operate in ethical 'gray areas'. Furthermore, if you do not show complete and unquestioning loyalty to your managers, you will be targeted and increasing pressure will be placed on you until you are forced to move on. I was personally told that the only reason I still had a job was because I worked in the State of California which has strict labor laws. Additonally, I watched seveal fellow coworkers that performed their dutues superbly get passed over for promotion while other new hires were immediately fast-tracked and promoted with 5 to 6 months. You might be one of the lucky few that managment takes a liking to, but the gamble is not really worth it. Best to start your career somewhere else.

3.0
Jul 22, 2023
Recommend
CEO approval
Business Outlook

Pros

Steady paycheck. Average 401k and PTO. Free on the job training.

Cons

Penske became WOKE. Poor leadership. No extreme ownership. The leadership seems to only care about metrics, and not the people who are actually doing the work. Insufficient pay for the schedule and hours they expect. They treat you like a number. They hire incompetent people. They just need bodies filling the roles within the company. They treat females, and LGTBQ people better than everyone else. Current “leadership” have absolutely no leadership skills.

4.0
Dec 9, 2014
Recommend
CEO approval
Business Outlook

Pros

Penske is terrific for the self-motivated, entrepreneurial hustler. If you perform well you will move up and you will move up quickly. I started with Penske as a part time rental rep during my final semester of college and had no plans to stay with the company at that time. Fast forward 2.5 years and I have moved up through the ranks of management trainee, assistant rental manager, and am now a branch rental manager with 11 direct reports running a $4.5million per year business and am responsible for over $5million in assets. The pay is competitive, and the bonus plan is very aggressive. If you produce results, you will get a very, very large lump sum bonus at the end of every year. The perks are also great. Once you reach a salaried position, either management or outside sales, you get a choice of company car which is ordered new for you and is replaced every 36 months or 75,000 miles. You can use your car for whatever you want on or off the clock, so you will never need to worry about buying or repairing a car again! and the car choices get better as you move up the ranks. There is a great tuition reimbursement policy to help employees continue their education, and the health/vision/dental benefits and 401k policy is well above what the average company offers at this career level. It can be a stressful job due to the nature of the transportation industry, but overall if you are going to enter this industry or are looking for a company to begin your career with for a few years to gain sales or management experience, Penske is a great place to start.

Cons

The burnout rate. The transportation industry can be very stressful and not everyone is cut out for it. There is extremely high turn over in the management trainee and assistant rental manager ranks. These positions are almost like hazing when pledging a fraternity. Every manager throws work your way and expects you to focus on helping them with their projects and there is little to no downtime during the day. It is a very effective way to get rid of anyone that will become dead weight later on in their career, but it also burns out very intelligent and hard working individuals.

Viewing 7 - 9 of 2,535 Reviews

Glassdoor has 2,743 Penske Truck Leasing reviews submitted anonymously by Penske Truck Leasing employees. Read employee reviews and ratings on Glassdoor to decide if Penske Truck Leasing is right for you.