ColorMatrix Corp Salary

ColorMatrix Corp Salary

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As of August 2026, the average hourly salary for employees at ColorMatrix Corp in the United States is $51. This translates to an approximate annual wage of $106,366. Salaries at ColorMatrix Corp typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at ColorMatrix Corp

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

Is ColorMatrix Corp’s Pay Competitive? Salary Benchmarking Analysis

How does ColorMatrix Corp'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
The Shepherd Color Co $52
+2.3%
Indicates identical technical requirements and experience levels between the two firms.
Gulf Guar Gum Company LLC $54
+5.3%
Driven by niche technical certifications required for Gulf Guar Gum Company LLC's specialized projects.
Ishihara Corp $65
+27.7%
Reflects structural premiums typical of Ishihara Corp's large-cap national operations.
Chroma Color Corp $53
+3.0%
Data suggests Chroma Color Corp's workforce skews heavily towards veteran, high-tenure roles.
Chemicals Industry $63
+22.9%
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 ColorMatrix Corp and Their Hourly Pay Rates

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

Employee Reviews: Working at ColorMatrix Corp

Considering a career at ColorMatrix Corp? 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.
Rewarding work with clear career progression paths. Colleagues are generally highly competent and collaborative, making problem-solving both efficient and rewarding. One of the best places I’ve worked. Career progression is possible but depends on departmental needs.
Commented in March 21, 2025
23
1
Employees are treated with respect, and management is transparent. Team collaboration is strong, and supervisors are open to feedback. Compensation is market-competitive, with clear performance metrics. The company's steady growth provides job security while maintaining its mid-sized company culture. The company also invests in sustainability initiatives, which is impressive. The company doesn’t s...
Commented in December 09, 2024
17
1
Leadership is competent but conservative in decision-making. Benefits are standard for the industry, and the pay is reasonable. The leadership team is visionary, and employee contributions are recognized.
Commented in March 11, 2024
42
0

ColorMatrix Corp Overview

Website
www.colormatrix.com
Founded In
1993
Employees
200 - 500 employees
Industry
Chemicals
Headquarter Address
680 N Rocky River Dr Berea Ohio OH 44017
Revenue
$50 Million - $200 Million
Phone Number
+1 2166220100
Social Media
About ColorMatrix Corp
ColorMatrix Group Inc., based in Berea, Ohio, is a leading specialty provider of innovative liquid colorants and additives business that serves diverse segments, including rigid beverage and food packaging, industrial extrusion, performance molding, wire, cable, fiber, and silicone rubber markets. ColorMatrix has operations, R&D capabilities and customer reach throughout the globe.

What Benefits Does ColorMatrix Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. ColorMatrix Corp 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at ColorMatrix Corp.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from ColorMatrix Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of ColorMatrix Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of ColorMatrix Corp

1. How much does a ColorMatrix Corp employee make?

ColorMatrix Corp pays its employees an average of $51 per hour. The average salary at ColorMatrix Corp range from $45 to $58 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. Which similar company tend to pay more or less than ColorMatrix Corp?

The salary at ColorMatrix Corp is lesser than the similar company. The average annual salary at ColorMatrix Corp is $106,366, or an hourly wage of $51, in comparison to The Shepherd Color Co which pays $108,824 per year or $52 per hour.

3. How much does a Managing Director typically earn at ColorMatrix Corp?

A Managing Director at ColorMatrix Corp typically earns an average hourly base salary of around $396, with a general range of $303 to $499.

4. Do employees with advanced degrees (Master's, PhD) earn more at ColorMatrix Corp?

In many roles at ColorMatrix Corp, 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.

5. How does the cost of living near Cleveland affect the perceived value of a ColorMatrix Corp salary?

Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). This significantly impacts the purchasing power of a salary from ColorMatrix Corp based there. Our "Cost of Living Insights for Cleveland" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does ColorMatrix Corp typically offer employees?

ColorMatrix Corp 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 ColorMatrix Corp" section on this page.

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