Despatch Industries Inc Salary

Despatch Industries Inc Salary

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As of July 2026, the average annual salary for employees at Despatch Industries Inc in the United States is $97,358. This translates to an approximate hourly wage of $47. Salaries at Despatch Industries Inc typically range from $85,734 to $109,928 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Despatch Industries Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Despatch Industries Inc. Based on our data, the highest paying job is the Manager, Applications Engineering, with an annual salary of $133,779. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Despatch Industries Inc

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

Is Despatch Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Despatch Industries 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
Process Heating $94,890
-2.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
AbelConn LLC $97,369
+0.0%
Confirms AbelConn LLC is a direct competitor vying for the exact same talent pool.
Robinson Rubber Products Company Inc $98,181
+0.8%
Indicates identical technical requirements and experience levels between the two firms.
Magnattack Global $95,132
-2.3%
Suggests Magnattack Global utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $121,746
+25.0%
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.

How Despatch Industries Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Despatch Industries Inc

Considering a career at Despatch Industries 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.
Reliable equipment reduces unexpected breakdowns and delays. From planning to production, operations are efficient and well-coordinated. The company invests in both cutting-edge equipment and comprehensive employee training programs. Safety standards are good but could improve further.
Commented in April 26, 2025
14
0
Workload can fluctuate, causing occasional stress during peak seasons. Working at this manufacturer has been a career highlight. Training programs are thorough and designed to keep staff up to date with industry standards. My experience has been relatively uneventful. You’ll stay busy, but it’s not usually overwhelming unless someone is out. Excellent safety protocols and good training opportuniti...
Commented in April 19, 2025
24
1
I now feel confident in operating complex machinery. Knowing the long-term goals and how our work contributes to them is very motivating. Productivity and morale remain high. Most departments function well independently, but inter-department communication could improve.
Commented in February 20, 2024
35
2

Despatch Industries Inc Overview

Website
www.despatch.com
Founded In
1902
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
8860 207th St W Lakeville Minnesota MN 55044
Revenue
$10 Million - $50 Million
Phone Number
+1 9524695424
Social Media
About Despatch Industries Inc
Despatch Industries is a machinery company. It offers products such as benchtop & lab ovens, accessories & options, walk-in & truck-in ovens, conveyor ovens, and cabinet ovens. The company serves different markets such as electronics, healthcare, transportation, and industrial markets. It was established in 1902 and is based in Minneapolis, Minnesota. Despatch Industries is a division of Illinois

What Benefits Does Despatch Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Despatch Industries 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 Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Despatch Industries Inc.
Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Despatch Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Despatch Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (MVTA monthly 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,925 - $4,525+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Despatch Industries Inc

1. What is the average salary for employees at Despatch Industries Inc?

The average annual total compensation for employees at Despatch Industries Inc is approximately $97,358. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,734 to $109,928, depending on factors like job role, experience, and location.

2. How much does Despatch Industries Inc pay compared to Process Heating?

The average annual salary at Despatch Industries Inc is $97,358, or an hourly wage of $47, in comparison to Process Heating which pays $94,890 per year or $46 per hour.

3. What is the lowest salary at Despatch Industries Inc?

The lowest-paying job at Despatch Industries Inc is a Mechanical Engineer with a salary of $100,905 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Despatch Industries Inc?

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 Despatch Industries Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Despatch Industries Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Lakeville?

While some companies offer formal COLA, many, including potentially Despatch Industries Inc, 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.

6. What's the typical process for salary reviews and raises at Despatch Industries Inc?

Most companies, likely including Despatch Industries Inc, 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.

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