H & B Elevators Inc Salary

As of July 2026, the average annual salary for employees at H & B Elevators Inc in the United States is $97,263. This translates to an approximate hourly wage of $47. Salaries at H & B Elevators Inc typically range from $85,642 to $109,806 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at H & B Elevators Inc

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Is H & B Elevators Inc’s Pay Competitive? Salary Benchmarking Analysis

How does H & B Elevators 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
Tecweigh Pty Ltd $98,128
+0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
BP Metals $96,156
-1.1%
Confirms BP Metals is a direct competitor vying for the exact same talent pool.
Quantum Motion Inc $89,837
-7.6%
Quantum Motion Inc may offer non-monetary perks in lieu of competitive base salaries.
RIOS Intelligent Machines Inc $117,325
+20.6%
Adjusted for higher cost-of-living indices in RIOS Intelligent Machines Inc's primary metro hubs.
MFG Durable Industry $121,746
+25.2%
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 H & B Elevators Inc

Considering a career at H & B Elevators 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.
At this manufacturing facility, teamwork and safety are top priorities. It’s a decent place to work if you value predictability and stability over career growth or high engagement in your day-to-day tasks. The company also provides good benefits and career growth opportunities. It’s a good starting point, not a long-term goal.
Management understands the importance of personal time and tries to be flexible when possible. There are plenty of opportunities for internal growth, and teamwork is strongly encouraged. I’m consistently impressed by the company's commitment to its employees' professional journey. This company truly understands the needs of its manufacturing workforce. The atmosphere is professional but friendly, ...
Communication from upper management is transparent and consistent. A very forward-thinking workplace. Flexible shifts accommodate project demands smoothly.

H & B Elevators Inc Overview

Website
www.handbinc.com
Founded In
1921
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
3000 Washington Ave N Minneapolis Minnesota MN 55411
Revenue
$10 Million - $50 Million
Phone Number
+1 6127215031
Social Media
About H & B Elevators Inc
For over 70 years, H&B Elevators has been a trusted source throughout the world for the design and construction of elevator cabs, interiors and entrances for buildings large and small. H&B Elevators is committed to establishing and maintaining relationships with it's diverse customers and corporate partners. Click here to see some of the elevators we've done over the years.

What Benefits Does H & B Elevators Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. H & B Elevators 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at H & B Elevators Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from H & B Elevators Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of H & B Elevators Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of H & B Elevators Inc

1. What is the average salary for employees at H & B Elevators Inc?

The average annual total compensation for employees at H & B Elevators Inc is approximately $97,263. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,642 to $109,806, depending on factors like job role, experience, and location.

2. How much does H & B Elevators Inc pay compared to Tecweigh Pty Ltd?

The average annual salary at H & B Elevators Inc is $97,263, or an hourly wage of $47, in comparison to Tecweigh Pty Ltd which pays $98,128 per year or $47 per hour.

3. What is the lowest salary at H & B Elevators Inc?

The lowest-paying job at H & B Elevators Inc is a Machine Operator with a salary of $35,427 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 H & B Elevators 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 H & B Elevators Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does H & B Elevators Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially H & B Elevators 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 H & B Elevators Inc?

Most companies, likely including H & B Elevators 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.