ALMCO Inc Salary

As of July 2026, the average annual salary for employees at ALMCO Inc in the United States is $92,221. This translates to an approximate hourly wage of $44. Salaries at ALMCO Inc typically range from $81,180 to $104,148 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at ALMCO Inc

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Is ALMCO Inc’s Pay Competitive? Salary Benchmarking Analysis

How does ALMCO Inc'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
Burtek Enterprises Inc $95,343
+3.4%
Supported by Burtek Enterprises Inc's high-margin contracts allowing higher overhead.
Industrial Hard Chrome Ltd $100,754
+9.3%
Reflects a supply-demand imbalance for the specific talent Industrial Hard Chrome Ltd targets.
CEL Aerospace $93,582
+1.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Duckworth Ltd $93,856
+1.8%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+32.0%
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.

Employee Reviews: Working at ALMCO Inc

Considering a career at ALMCO Inc? 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.
This job delivers stability and clarity in expectations. Overall, the company values employee wellbeing, supports professional growth, and fosters a collaborative environment that encourages teamwork and innovation. There are clear systems in place, and everyone knows their role. Communication is generally clear but could improve in some areas. The work culture is formal and professional but can f...
Employees are provided with the tools and training needed to succeed. Work environment is stable with typical benefits, though some employees find communication between departments inconsistent. Training is provided but often general and not role-specific. Comprehensive training enhances team skills and knowledge. Production is steady but occasionally impacted by minor delays.
Training was adequate, and the tools needed are available. It’s a decent introduction to manufacturing, and it is somehow in-depth. Safety standards are clearly followed, and the facility is clean.
The employee recognition programs make hard work feel valued. This company genuinely cares about its employees. Everyone’s role feels important to the company’s success, and that helps create a great workplace culture. It's gratifying to be part of an organization that consistently produces excellent products while maintaining such high standards for employee treatment and development. Safety stan...
A truly positive workplace. There’s a strong emphasis on continuous learning and skill development. Efficient systems and organized workflow. The integration of advanced technologies with skilled human workers creates an engaging work environment.

ALMCO Inc Overview

Website
www.almco.com
Founded In
1946
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
507 W Front St Albert Lea Minnesota MN 56007
Revenue
$10 Million - $50 Million
Phone Number
+1 5073772102
Social Media
About ALMCO Inc
Almco is your state-of-the-art manufacturer of vibratory deburring, washing, cleaning and metal finishing products. With over 60 years in the vibratory deburring and metal finishing industry, we strive to exceed our customers' expectations by providing comprehensive product lines and service at competitive prices. Selection of a vendor knowledgeable in the vibratory deburring and metal finishing i

What Benefits Does ALMCO Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. ALMCO Inc 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)
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at ALMCO Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from ALMCO Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of ALMCO Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of ALMCO Inc

1. What is the estimated average total compensation at ALMCO Inc?

Salary.com estimates that the average total compensation package at ALMCO Inc, which can include base salary, potential bonuses, and benefits, is around $92,221 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does ALMCO Inc pay compared to Burtek Enterprises Inc?

The average annual salary at ALMCO Inc is $92,221, or an hourly wage of $44, in comparison to Burtek Enterprises Inc which pays $95,343 per year or $46 per hour.

3. Do salaries differ significantly between departments at ALMCO Inc?

Yes, salaries often differ between departments at ALMCO Inc 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 ALMCO Inc?

Salary progression from an entry-level to a senior role at ALMCO Inc 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 ALMCO Inc in Minneapolis is fair given the local cost of living?

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

6. Are promotions at ALMCO Inc usually accompanied by a significant salary increase?

Yes, promotions at ALMCO Inc 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.