Ferrum Engineering Inc Salary

Ferrum Engineering Inc Salary

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As of July 2026, the average annual salary for employees at Ferrum Engineering Inc in the United States is $97,917. This translates to an approximate hourly wage of $47. Salaries at Ferrum Engineering Inc typically range from $86,247 to $110,489 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Ferrum Engineering Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Ferrum Engineering Inc. Based on our data, the highest paying job is the Manager, Contract, with an annual salary of $121,252. 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 Ferrum Engineering Inc

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

Is Ferrum Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Ferrum Engineering 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
Matrix Keyboards $96,588
-1.4%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Gamut Systems & Solutions LLC $86,588
-11.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Bel-Pro Products Inc $90,059
-8.0%
Typical compensation structure for smaller regional agencies like Bel-Pro Products Inc.
Cppg Inc $98,054
+0.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $121,746
+24.3%
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 Ferrum Engineering Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ferrum Engineering Inc

Considering a career at Ferrum Engineering 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.
It's exciting to be part of a company that isn't afraid to invest in the future of manufacturing. Efficient systems and organized workflow. Scheduling is predictable, and the pay is competitive with the industry. A positive atmosphere where hard work is appreciated. Quality control ensures defect-free products consistently.
Commented in April 28, 2025
49
2
Work can be repetitive, with occasional high-pressure periods during peak production. Expectations are clear, and there’s an emphasis on doing things right the first time. This company fosters a culture of excellence without sacrificing a positive work environment. Daily operations are predictable and organized. Employees receive training and recognition, and the workspace is safe, clean, and prod...
Commented in January 17, 2025
49
2
Seeing our products ship to satisfied customers worldwide makes every day rewarding. The work is consistent and expectations are clear. The job is straightforward, with predictable routines. Training is comprehensive, and collaboration across shifts is smooth.
Commented in January 29, 2024
41
0

Ferrum Engineering Inc Overview

Website
www.ferrumeng.com
Founded In
1986
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
4412 Ish Dr Simi Valley California CA 93063
Revenue
<$5 Million
Phone Number
+1 8053061606
Social Media
About Ferrum Engineering Inc
Ferrum Engineering, Inc. has been serving the Southern California Aerospace, Medical and Industrial Market for nearly 30 years. We manufacture highly engineered parts and assemblies that are integrated into larger systems. With over 20 different pieces of manufacturing equipment (manual and CNC lathes and mills, grinders, cutters, etc.), we can produce a single part for development and testing, an

What Benefits Does Ferrum Engineering Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ferrum Engineering 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 Simi Valley?

Understanding the cost of living near Simi Valley is key to truly evaluating a salary offer or your current compensation at Ferrum Engineering Inc.
Simi Valley's Cost of Living Index is approximately 147.2 (47.2% more expensive than US average; 5.3% more than CA average). Ventura County suburb, desirable family area with high housing costs. When planning your budget based on a salary from Ferrum Engineering Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,100 - $3,000+ A significant portion of Ferrum Engineering Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (Simi Valley Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,570 - $5,430+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ferrum Engineering Inc

1. What is the typical salary range (low to high) for most roles at Ferrum Engineering Inc?

The typical annual salary range for most roles at Ferrum Engineering Inc is approximately from $86,247 to $110,489. 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. How much does Ferrum Engineering Inc pay compared to Matrix Keyboards?

The average annual salary at Ferrum Engineering Inc is $97,917, or an hourly wage of $47, in comparison to Matrix Keyboards which pays $96,588 per year or $46 per hour.

3. Do salaries differ significantly between departments at Ferrum Engineering Inc?

Yes, salaries often differ between departments at Ferrum Engineering 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. How does experience level affect salary at Ferrum Engineering Inc?

Experience level is a significant factor in determining salary at Ferrum Engineering Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Ferrum Engineering Inc in Simi Valley is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Ferrum Engineering Inc?

Several key factors influence salary levels at Ferrum Engineering Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Ferrum Engineering Inc likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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