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Cannon Equipment Co Salary

Cannon Equipment Co Salary

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As of August 2026, the average hourly salary for employees at Cannon Equipment Co in the United States is $46. This translates to an approximate annual wage of $96,546. Salaries at Cannon Equipment Co typically range from $41 to $52 hourly, reflecting the diverse roles and experience levels within the company.
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Is Cannon Equipment Co’s Pay Competitive? Salary Benchmarking Analysis

How does Cannon Equipment 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
Hamrick Manufacturing & Service Inc $44
-5.6%
Normalized for lower cost-of-living zones where Hamrick Manufacturing & Service Inc primarily operates.
Posimat SA $44
-5.5%
Posimat SA focuses strategically on recruiting and training entry-level apprentices.
Rocky Mountain PLC $42
-10.1%
Rocky Mountain PLC likely leverages performance bonuses over the high base salary shown here.
S-T Industries Inc $48
+3.3%
Influenced by prevailing union wage agreements specific to S-T Industries Inc's sector.
MFG Durable Industry $59
+26.1%
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.

Companies Similar to Cannon Equipment Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Cannon Equipment Co

Considering a career at Cannon Equipment 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.
The incentive programs reward both individual performance and team achievements. Leadership encourages professional growth and provides opportunities for advancement through internal promotions. It’s a decent introduction to manufacturing, and it is somehow in-depth. The environment is stable, and it is somehow especially inspiring.
Commented in April 14, 2025
23
0
We support each other and often share a laugh, making the workday more enjoyable. Strong daily coordination between departments keeps everything running efficiently. They offer numerous opportunities for skill enhancement and career progression, actively promoting from within. Seeing our products used in critical applications worldwide gives tremendous pride in our work.
Commented in February 21, 2025
43
0
This company offers a great balance of structure and flexibility. Managers treat employees with professionalism and respect. Their technicians' attention to detail is reflected in our 0. Management communicates expectations well and gives regular performance feedback. I like how each shift runs like clockwork, with clear expectations and strong teamwork. I appreciate how leadership is invested in ...
Commented in December 05, 2024
11
1
I’ve stayed because the company treats people right. Employees are given the tools and training to perform their jobs well, and new ideas are welcomed at all levels. The company culture is excellent, promoting collaboration and open communication across all departments. While it’s nice to have a routine, it can also become monotonous over time.
Commented in February 12, 2024
40
1

Cannon Equipment Co Overview

Website
www.cannonequipment.com
Founded In
1981
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
324 Washington St W Cannon Falls Minnesota MN 55009
Revenue
$10 Million - $50 Million
Phone Number
+1 5072636400
Social Media
About Cannon Equipment Co
Cannon Equipment Company is headquartered in Cannon Falls, Minnesota and designs, engineers, and manufactures custom material handling carts, equipment, conveyance, and aftermarket parts.

What Benefits Does Cannon Equipment Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cannon Equipment 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)
Work at Cannon Equipment Co?
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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 Cannon Equipment Co.
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 Cannon Equipment Co, 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 Cannon Equipment Co 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 Cannon Equipment Co

1. What is the typical salary range (low to high) for most roles at Cannon Equipment Co?

The typical salary range for most roles at Cannon Equipment Co is approximately from $41 to $52 per hour. 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. How much does Cannon Equipment Co pay compared to Hamrick Manufacturing & Service Inc?

The average annual salary at Cannon Equipment Co is $96,546, or an hourly wage of $46, in comparison to Hamrick Manufacturing & Service Inc which pays $91,124 per year or $44 per hour.

3. Do salaries differ significantly between departments at Cannon Equipment Co?

Yes, salaries often differ between departments at Cannon Equipment Co 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. How does experience level affect salary at Cannon Equipment Co?

Experience level is a significant factor in determining salary at Cannon Equipment Co, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Cannon Equipment Co in Minneapolis is fair given the local cost of living?

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

6. Are the salaries listed for Cannon Equipment Co on Salary.com pre-tax or after-tax?

All salary figures displayed for Cannon Equipment Co, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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