Assurance Manufacturing Inc Salary

As of August 2026, the average annual salary for employees at Assurance Manufacturing Inc in the United States is $99,700. This translates to an approximate hourly wage of $48. Salaries at Assurance Manufacturing Inc typically range from $87,768 to $112,599 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Assurance Manufacturing Inc

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Is Assurance Manufacturing Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Assurance Manufacturing 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
Banner Metals Group Inc $93,002
-6.7%
Normalized for lower cost-of-living zones where Banner Metals Group Inc primarily operates.
Pioneer Tool & Die Co $91,240
-8.5%
Pioneer Tool & Die Co likely leverages performance bonuses over the high base salary shown here.
Lamination Specialties Corp $101,482
+1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
ARAnet Inc $101,292
+1.6%
Confirms ARAnet Inc is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+22.1%
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 Assurance Manufacturing Inc

Considering a career at Assurance Manufacturing 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.
I'm proud to be part of this manufacturing team. Recognition programs boost morale, making it a rewarding place to work and grow professionally. Break areas could use improvement. I’ve had consistent support and real opportunities to develop both technically and professionally here. The company’s investment in technology and automation has significantly improved efficiency.
What impresses me most is how the company maintains high standards while fostering a supportive environment where employees feel valued. The workplace culture is straightforward but may feel inflexible to some. Leadership offers general direction but little individualized support. Hard work gets recognized. Leadership is visible but doesn’t always follow through quickly on suggestions or feedback....
They truly value experience while also being open to new ideas from less experienced team members. Career advancement opportunities exist but are limited and competitive. The company's focus on sustainable manufacturing practices adds purpose to our daily work. Meetings are brief and functional.

Assurance Manufacturing Inc Overview

Website
www.assurancemfg.com
Founded In
1966
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
9010 Evergreen Blvd NW Minneapolis Minnesota MN 55433
Revenue
$10 Million - $50 Million
Phone Number
+1 7637804252
Social Media
About Assurance Manufacturing Inc
Assurance Manufacturing, Inc provides the finest American-made metal fabrication solutions, on the shortest possible lead times. Learn more about our solutions below.

What Benefits Does Assurance Manufacturing Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Assurance Manufacturing 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 Assurance Manufacturing 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 Assurance Manufacturing 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 Assurance Manufacturing 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 Assurance Manufacturing Inc

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

Salary.com estimates that the average total compensation package at Assurance Manufacturing Inc, which can include base salary, potential bonuses, and benefits, is around $99,700 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Assurance Manufacturing Inc pay compared to Banner Metals Group Inc?

The average annual salary at Assurance Manufacturing Inc is $99,700, or an hourly wage of $48, in comparison to Banner Metals Group Inc which pays $93,002 per year or $45 per hour.

3. Do salaries differ significantly between departments at Assurance Manufacturing Inc?

Yes, salaries often differ between departments at Assurance Manufacturing 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 Assurance Manufacturing Inc?

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

To determine if a salary offer from Assurance Manufacturing Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Assurance Manufacturing 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 Assurance Manufacturing Inc usually accompanied by a significant salary increase?

Yes, promotions at Assurance Manufacturing 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.