Where is Budgit Hoists located?

Budgit Hoists is headquartered in Forest Park, Illinois, but may have operations in other locations within the MFG Durable sector.

What does Budgit Hoists do?

According to the company's overview, Budgit Hoists is a company that operates in the Machinery industry.

What industry is Budgit Hoists in?

Budgit Hoists operates in the MFG Durable industry.

Budgit Hoists Average Salary, Pay Ranges & Benefits

Budgit Hoists Salary

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Salary at Budgit Hoists

Current Job Openings at Budgit Hoists

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Is Budgit Hoists’s Pay Competitive? Salary Benchmarking Analysis

How does Budgit Hoists'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
Ames Machine	$106,904	+7.5%	Data suggests Ames Machine's workforce skews heavily towards veteran, high-tenure roles.
USA Hoist	$99,362	-0.1%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Anurag Enterprises	$95,227	-4.2%	Anurag Enterprises likely leverages performance bonuses over the high base salary shown here.
Serv-All Die	$94,616	-4.8%	Serv-All Die may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry	$121,746	+22.4%	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.

How Budgit Hoists's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Budgit Hoists. Click a company name to learn more.

Ames Machine

$106,904 / year

Salary Range: $94,109 - $120,744

Torrance, CA

USA Hoist

$99,362 / year

Salary Range: $87,475 - $112,220

Chicago, IL

Anurag Enterprises

$95,227 / year

Salary Range: $83,837 - $107,550

Huntley, IL

Serv-All Die

$94,616 / year

Salary Range: $83,287 - $106,855

Crystal Lake, IL

Aladdin Steel Inc

$92,232 / year

Salary Range: $81,198 - $104,160

Gillespie, IL

West Control Solutions

$94,953 / year

Salary Range: $83,590 - $107,245

Gurnee, IL

Component Plastics Inc

$98,318 / year

Salary Range: $86,550 - $111,038

Elgin, IL

LCR Hallcrest Ltd

$100,691 / year

Salary Range: $88,639 - $113,720

Glenview, IL

Superior Home Products

$86,451 / year

Salary Range: $76,103 - $97,637

Springfield, IL

Employee Reviews: Working at Budgit Hoists

Considering a career at Budgit Hoists? 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.

Commitment to deadlines consistently meets customer expectations. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. Processes are somewhat outdated, but they still function. Management supports training and career growth opportunities consistently.

Commented in May 18, 2025

8

3

We meet goals without burnout, and coworkers respect each other’s efforts. The work is consistent and expectations are clear. I appreciate how leadership is invested in process efficiency and sustainability. Our esteemed leadership team consistently leads by inspiring example, demonstrating remarkable passion for media, unwavering dedication to our shared mission, and a strong, unshakeable commitm...

Commented in January 19, 2025

41

3

Compensation packages are competitive and include excellent benefits. Adequate for stability, less ideal for growth. Career progression exists but is influenced by seniority.

Commented in February 21, 2024

8

2

What Benefits Does Budgit Hoists Offer Beyond Salary?

A competitive compensation package is more than just a salary. Budgit Hoists 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Budgit Hoists.

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Budgit Hoists, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,700 - $2,600+	A significant portion of Budgit Hoists salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$105 (CTA 30-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $640	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$400 - $750+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$3,225 - $5,025+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Budgit Hoists

1. How much does Budgit Hoists in the United States pay?

Budgit Hoists pays its employees an average of $99,425 per year. The average salary at Budgit Hoists range from $87,530 to $112,294 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Budgit Hoists employees get a higher salary than its peer company?

The salary at Budgit Hoists is lesser than its peer company. The average annual salary at Budgit Hoists is $99,425, or an hourly wage of $48, in comparison to Ames Machine which pays $106,904 per year or $51 per hour.

3. How much does salary increase with years of experience at Budgit Hoists?

Salary progression with years of experience at Budgit Hoists is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Budgit Hoists vary by office location?

Yes, it's very likely that salaries at Budgit Hoists vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

5. Does Budgit Hoists offer good benefits?

Budgit Hoists typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Budgit Hoists" section on this page.