Finkl Steel Co Salary

As of August 2026, the average annual salary for employees at Finkl Steel Co in the United States is $112,737. This translates to an approximate hourly wage of $54. Salaries at Finkl Steel Co typically range from $99,177 to $127,426 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Finkl Steel Co

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Is Finkl Steel Co’s Pay Competitive? Salary Benchmarking Analysis

How does Finkl Steel Co'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
BesTek Manufacturing Inc $132,156
+17.2%
Supported by BesTek Manufacturing Inc's high-margin contracts allowing higher overhead.
Peregrine Semiconductor Corp $114,045
+1.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Modern Forge Companies LLC $111,830
-0.8%
Suggests Modern Forge Companies LLC utilizes a highly similar base-plus-benefits compensation model.
Brawo SpA $106,250
-5.8%
Brawo SpA operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $121,746
+8.0%
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.

Employee Reviews: Working at Finkl Steel Co

Considering a career at Finkl Steel Co? 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.
You’re given tools and basic direction. Timely deliveries support our tight schedules flawlessly. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. A good entry point for manufacturing work, though long-term advancement may be limited. Employees are committed, but there's a lack of team-building or cross-train...
The compensation structure fairly rewards both individual and team performance. Flexible scheduling options help maintain work-life balance. The team I work with is professional and dedicated. Training was helpful but mostly informal. Good for those who prefer defined routines over constant interaction. The team-oriented culture fosters strong collaboration and respect among coworkers.
Advancement takes time and persistence. What makes this company different is how leadership prioritizes employee development and team cohesion. Expectations are communicated clearly, and leadership takes the time to support staff with resources and tools. It’s a stable and enjoyable place to work.

Finkl Steel Co Overview

Website
www.finkl.com
Founded In
1879
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
412 S Wells St Chicago Illinois IL 60607
Revenue
$50 Million - $200 Million
Phone Number
+1 7739752510
Social Media
About Finkl Steel Co
Finkl Steel, founded in 1879 and headquartered in Chicago, Illinois, is a supplier of forging die steels, plastic mold steels, die casting tool steels, and custom open-die forgings.

What Benefits Does Finkl Steel Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Finkl Steel Co 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Finkl Steel Co.
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 Finkl Steel Co, 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 Finkl Steel Co 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 Finkl Steel Co

1. How much does Finkl Steel Co in the United States pay?

Finkl Steel Co pays its employees an average of $112,737 per year. The average salary at Finkl Steel Co range from $99,177 to $127,426 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 Finkl Steel Co employees get a higher salary than its peer company?

The salary at Finkl Steel Co is lesser than its peer company. The average annual salary at Finkl Steel Co is $112,737, or an hourly wage of $54, in comparison to BesTek Manufacturing Inc which pays $132,156 per year or $64 per hour.

3. What are the highest paying jobs at Finkl Steel Co?

The higher-paying job at Finkl Steel Co, according to our data, include Chief Executive Officer (avg. $872,683 per year), President (avg. $872,683 per year), and Chief Financial Officer (avg. $454,979 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Finkl Steel Co?

Salary progression with years of experience at Finkl Steel Co 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.

5. Do salaries at Finkl Steel Co vary by office location?

Yes, it's very likely that salaries at Finkl Steel Co 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.

6. Does Finkl Steel Co offer good benefits?

Finkl Steel Co 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 Finkl Steel Co" section on this page.