| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Minnesota Mining and Manufacturing Co | $86,061 |
+10.2%
|
Data suggests Minnesota Mining and Manufacturing Co's workforce skews heavily towards veteran, high-tenure roles. |
| Scopito ApS | $105,543 |
+35.1%
|
Influenced by prevailing union wage agreements specific to Scopito ApS's sector. |
| Türk + Hillinger | $86,240 |
+10.4%
|
Reflects structural premiums typical of Türk + Hillinger's large-cap national operations. |
| Signature Equipment | $83,857 |
+7.3%
|
Reflects a supply-demand imbalance for the specific talent Signature Equipment targets. |
| MFG Durable Industry | $121,746 |
+55.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$86,061 / year
Salary Range: $75,782 - $97,149
Greenville, SC
$105,543 / year
Salary Range: $92,955 - $119,098
New York City, NY
$86,240 / year
Salary Range: $75,957 - $97,307
Brecksville, OH
$83,857 / year
Salary Range: $73,867 - $94,625
Salt Lake City, UT
$79,869 / year
Salary Range: $70,312 - $90,186
Rapid City, SD
$106,566 / year
Salary Range: $93,816 - $120,329
Yonkers, NY
$88,329 / year
Salary Range: $77,798 - $99,673
Colonial Heights, VA
$83,762 / year
Salary Range: $73,757 - $94,552
Cynthiana, KY
$79,985 / year
Salary Range: $70,431 - $90,284
Pikeville, KY
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,500+ | A significant portion of Coal Ridge Machine salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $30 (Lextran monthly pass, free for UK) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $360 - $680+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $680+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,240 - $3,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Coal Ridge Machine is approximately $78,129. However, this is an aggregate figure, actual salaries can range significantly, typically from $68,800 to $88,199, depending on factors like job role, experience, and location.
The average annual salary at Coal Ridge Machine is $78,129, or an hourly wage of $38, in comparison to Minnesota Mining and Manufacturing Co which pays $86,061 per year or $41 per hour.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Coal Ridge Machine for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Coal Ridge Machine, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Coal Ridge Machine, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning