Component Plastics Inc Salary

Component Plastics Inc Salary

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As of April 2026, the average annual salary for employees at Component Plastics Inc in the United States is $98,318. This translates to an approximate hourly wage of $47. Salaries at Component Plastics Inc typically range from $86,550 to $111,038 annually, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Component Plastics Inc

Ready for your next career move? Explore current job openings at Component Plastics Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Component Plastics Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Component Plastics 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
Stylecraft Specialty Co. Inc $115,342
+17.3%
Driven by niche technical certifications required for Stylecraft Specialty Co. Inc's specialized projects.
Eckerle Herrenmodenvertrieb GmbH & Co $87,928
-10.6%
Typical compensation structure for smaller regional agencies like Eckerle Herrenmodenvertrieb GmbH & Co.
Deine Tierwelt GmbH & Co $88,287
-10.2%
Reflects market rates for standard general contracting, differing from specialized roles.
E Plastik Pak Co Inc $85,829
-12.7%
E Plastik Pak Co Inc focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $121,746
+23.8%
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 Component Plastics Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Component Plastics Inc

Considering a career at Component Plastics 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.
People are quick to lend a hand, and the mood is usually upbeat despite the pace. Everyone, from the production line to management, is dedicated to producing the best possible products. Leadership provides clear direction, and coworkers make each shift enjoyable. At this company, employees experience a supportive workplace with a clear focus on safety and quality standards. Career advancement oppo...
Commented in April 12, 2025
49
0
Training is comprehensive, covering technical skills and leadership development. There’s job security, but few chances to shape your role or workflow. It’s fine for steady work without much variation. Overtime is sometimes required during busy periods. Equipment is mostly up-to-date but occasional delays in upgrades.
Commented in April 02, 2025
32
0
This organization offers a stable work environment with a strong emphasis on safety and quality control. You feel appreciated and respected here. Attention to detail, strict safety protocols, and solid teamwork define this manufacturing environment.
Commented in January 04, 2024
30
0

Component Plastics Inc Overview

Website
www.cpielgin.com
Founded In
1969
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
700 Tollgate Rd Elgin Illinois IL 60123
Revenue
$10 Million - $50 Million
Phone Number
+1 8476959200
Social Media
About Component Plastics Inc
For over 45 years, Component Plastics has been an invaluable leader in the custom plastic injection molding industry. Our management philosophy is based on our technical abilities to manufacture the highest quality parts at competitive prices with on time deliveries that surpass our customer expectations. We welcome you to our website. It would be a privilege to assist you with your plastic insert

What Benefits Does Component Plastics Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Component Plastics 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)
Work at Component Plastics Inc?
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What Is the Cost of Living Near Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at Component Plastics Inc.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from Component Plastics Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of Component Plastics Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Component Plastics Inc

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

Salary.com estimates that the average total compensation package at Component Plastics Inc, which can include base salary, potential bonuses, and benefits, is around $98,318 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Component Plastics Inc pay compared to Stylecraft Specialty Co. Inc?

The average annual salary at Component Plastics Inc is $98,318, or an hourly wage of $47, in comparison to Stylecraft Specialty Co. Inc which pays $115,342 per year or $55 per hour.

3. Do salaries differ significantly between departments at Component Plastics Inc?

Yes, salaries often differ between departments at Component Plastics 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 Component Plastics Inc?

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

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

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

Yes, promotions at Component Plastics 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.

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