| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Modus Advanced Inc | $112,473 |
+12.1%
|
Reflects structural premiums typical of Modus Advanced Inc's large-cap national operations. |
| K-M Machine Co | $90,301 |
-10.0%
|
K-M Machine Co may offer non-monetary perks in lieu of competitive base salaries. |
| Source Machine | $100,607 |
+0.3%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Regal Machine Inc | $99,098 |
-1.2%
|
Confirms Regal Machine Inc is a direct competitor vying for the exact same talent pool. |
| MFG Durable Industry | $121,746 |
+21.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$112,473 / year
Salary Range: $99,012 - $127,024
Livermore, CA
$90,301 / year
Salary Range: $79,494 - $101,990
Biscoe, NC
$100,607 / year
Salary Range: $88,575 - $113,623
Burnsville, MN
$99,098 / year
Salary Range: $87,237 - $111,916
Wyoming, MN
$88,941 / year
Salary Range: $78,293 - $100,441
Victoria, TX
$101,598 / year
Salary Range: $89,436 - $114,745
Philadelphia, PA
$87,285 / year
Salary Range: $76,845 - $98,563
Santa Fe, NM
$92,791 / year
Salary Range: $81,693 - $104,782
Glendale, AZ
$103,033 / year
Salary Range: $90,710 - $116,342
Agoura Hills, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,500 - $3,800+ | A significant portion of Gloucester Engineering Co salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $90 (MBTA LinkPass monthly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $500 - $750 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $550 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $450 - $850+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,270 - $6,690+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Gloucester Engineering Co pays its employees an average of $100,311 per year. The average salary at Gloucester Engineering Co range from $88,300 to $113,281 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.
The salary at Gloucester Engineering Co is lesser than the similar company. The average annual salary at Gloucester Engineering Co is $100,311, or an hourly wage of $48, in comparison to Modus Advanced Inc which pays $112,473 per year or $54 per hour.
In many roles at Gloucester Engineering Co, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). This significantly impacts the purchasing power of a salary from Gloucester Engineering Co based there. Our "Cost of Living Insights for Boston" module details this impact, helping you assess the 'real feel' value of your compensation.
Gloucester Engineering Co generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Gloucester Engineering Co" section on this page.
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