Forbes Precision Inc Salary

Forbes Precision Inc Salary

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As of July 2026, the average annual salary for employees at Forbes Precision Inc in the United States is $87,105. This translates to an approximate hourly wage of $42. Salaries at Forbes Precision Inc typically range from $76,726 to $98,295 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Forbes Precision Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Forbes Precision Inc. Based on our data, the highest paying job is the President, with an annual salary of $674,272. 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 Forbes Precision Inc

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

Is Forbes Precision Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Forbes Precision 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
MagorTherm $87,707
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
Certified Industrial Fabricators Inc $97,970
+12.5%
Data suggests Certified Industrial Fabricators Inc's workforce skews heavily towards veteran, high-tenure roles.
Usb Wholesaler Group LLC $95,712
+9.9%
Reflects a supply-demand imbalance for the specific talent Usb Wholesaler Group LLC targets.
Mathematical Systems & Solutions Inc $98,255
+12.8%
Supported by Mathematical Systems & Solutions Inc's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+39.8%
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 Forbes Precision Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Forbes Precision Inc

Considering a career at Forbes Precision 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.
Workloads fluctuate, leading to periods of high stress. The company actively supports and consistently encourages employee involvement in various community arts programs, valuable media literacy initiatives, and diverse charitable endeavors. The company meets basic manufacturing standards. Company provides tools and resources needed. The company's commitment to local community partnerships adds me...
Commented in April 12, 2025
41
2
They actively seek employee feedback and implement changes that make a real difference. You feel included and updated on changes. It’s a decent place to earn a steady paycheck with minimal surprises or risk. Tasks are clear and repetitive, and I know exactly what I’ll be doing each day. The company feels stable, with steady demand and minimal layoffs. The training programs are thorough, ensuring e...
Commented in June 10, 2024
28
2
The company also provides excellent safety protocols and resources, ensuring we can all do our jobs confidently. The environment is stable, and it is somehow especially inspiring. It’s not just about numbers; it’s about making a product we can all be proud of.
Commented in March 27, 2024
50
1

Forbes Precision Inc Overview

Website
www.forbesprecision.com
Founded In
2012
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
100 Boxart St Rochester New York NY 14612
Revenue
<$5 Million
Phone Number
+1 5858657069
Social Media
About Forbes Precision Inc
Mike Forbes established Forbes Precision in Rochester, NY to bring high-quality machined parts to an ever growing market. To state it simply - Quality machining is a talent. We take pride in the fact that Forbes Precision has some of the most talented machinists in the business. Forbes Precision has a reputation for: meeting or exceeding the expectations of our customers. delivering completed high

What Benefits Does Forbes Precision Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forbes Precision 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 Rochester?

Understanding the cost of living near Rochester is key to truly evaluating a salary offer or your current compensation at Forbes Precision Inc.
Rochester's Cost of Living Index is approximately 82.3 (17.7% less expensive than US average; 34.2% less than NY average). Western NY city, affordable housing. RTS bus. When planning your budget based on a salary from Forbes Precision Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Forbes Precision Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $56 (RTS monthly pass) 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,286 - $3,696+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forbes Precision Inc

1. How much does Forbes Precision Inc in the United States pay?

Forbes Precision Inc pays its employees an average of $87,105 per year. The average salary at Forbes Precision Inc range from $76,726 to $98,295 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 Forbes Precision Inc employees get a higher salary than its peer company?

The salary at Forbes Precision Inc is lesser than its peer company. The average annual salary at Forbes Precision Inc is $87,105, or an hourly wage of $42, in comparison to MagorTherm which pays $87,707 per year or $42 per hour.

3. What are the highest paying jobs at Forbes Precision Inc?

The higher-paying job at Forbes Precision Inc, according to our data, include President (avg. $674,272 per year), Manager, Production (avg. $96,944 per year), and Office Manager (avg. $67,565 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Forbes Precision Inc?

Salary progression with years of experience at Forbes Precision Inc 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 Forbes Precision Inc vary by office location?

Yes, it's very likely that salaries at Forbes Precision Inc 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 Rochester section provides more context.

6. Does Forbes Precision Inc offer good benefits?

Forbes Precision Inc 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 Forbes Precision Inc" section on this page.

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