Heyco Salary

As of April 2026, the average annual salary for employees at Heyco in the United States is $109,045. This translates to an approximate hourly wage of $52. Salaries at Heyco typically range from $95,961 to $123,195 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Heyco

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Is Heyco’s Pay Competitive? Salary Benchmarking Analysis

How does Heyco'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
Globe Machine Manufacturing Co $105,016
-3.7%
Reflects market rates for standard general contracting, differing from specialized roles.
FMH Conveyors $91,873
-15.7%
Typical compensation structure for smaller regional agencies like FMH Conveyors.
Jeffboat LLC $94,942
-12.9%
Jeffboat LLC operates with a leaner overhead structure, impacting base wage offers.
O-Cedar $104,351
-4.3%
O-Cedar focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $121,746
+11.6%
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 Heyco

Considering a career at Heyco? 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.
The company invests in modern technology, which makes work more efficient and enjoyable. The culture emphasizes safety, accountability, and continuous improvement, and managers are visible and approachable. There’s a clear focus on quality, and every department works hard to meet expectations. Processes are maintained, but innovation is limited.
The culture is professional and it is flexibility and innovation, which and it can suit employees seeking dynamic, fast-paced environments. Promotion is possible but highly competitive. The scale of operations - across multiple plants - provides stability and opportunities to work on diverse projects. Overall, the company values employee wellbeing, supports professional growth, and fosters a coll...
I appreciate how leadership is invested in process efficiency and sustainability. Workers are trained, heard, and respected. Working here has provided me with a steady income and meaningful work.

Heyco Overview

Website
www.heyco.com
Founded In
1926
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
1800 Industrial Way N Toms River New Jersey NJ 08754
Revenue
$50 Million - $200 Million
Phone Number
+1 7322864336
Social Media
About Heyco
Founded in 1926 and acquired by PennEngineering in 2016, Heyco Products design and manufactures molded wire protection products and stamped electrical components.

What Benefits Does Heyco Offer Beyond Salary?

A competitive compensation package is more than just a salary. Heyco 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 Toms River?

Understanding the cost of living near Toms River is key to truly evaluating a salary offer or your current compensation at Heyco.
Toms River's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 3.8% less than NJ average). Ocean County, Jersey Shore, housing costs above US avg. NJ Transit, Ocean Ride. When planning your budget based on a salary from Heyco, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Heyco salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus, Ocean Ride Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,940 - $4,590+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Heyco

1. What is the estimated average total compensation at Heyco?

Salary.com estimates that the average total compensation package at Heyco, which can include base salary, potential bonuses, and benefits, is around $109,045 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Heyco pay compared to Globe Machine Manufacturing Co?

The average annual salary at Heyco is $109,045, or an hourly wage of $52, in comparison to Globe Machine Manufacturing Co which pays $105,016 per year or $50 per hour.

3. Do salaries differ significantly between departments at Heyco?

Yes, salaries often differ between departments at Heyco 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Heyco?

Salary progression from an entry-level to a senior role at Heyco can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Heyco in Toms River is fair given the local cost of living?

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

6. Are promotions at Heyco usually accompanied by a significant salary increase?

Yes, promotions at Heyco are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.