Composite Forgings Salary

Composite Forgings Salary

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As of August 2026, the average hourly salary for employees at Composite Forgings in the United States is $46. This translates to an approximate annual wage of $95,702. Salaries at Composite Forgings typically range from $41 to $52 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Composite Forgings Pay for Different Roles?

Explore detailed salary information for specific jobs at Composite Forgings. Based on our data, the highest paying job is the Vice President, Finance, with an hourly wage of $115. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Composite Forgings

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

Is Composite Forgings’s Pay Competitive? Salary Benchmarking Analysis

How does Composite Forgings'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
SOPH Inc $45
-2.8%
Confirms SOPH Inc is a direct competitor vying for the exact same talent pool.
Ranor Inc $48
+5.3%
Reflects a supply-demand imbalance for the specific talent Ranor Inc targets.
Mid-Am Metal Forming Inc $42
-7.8%
Mid-Am Metal Forming Inc operates with a leaner overhead structure, impacting base wage offers.
Mineral Fabrication and Machine Company Inc $42
-8.1%
Typical compensation structure for smaller regional agencies like Mineral Fabrication and Machine Company Inc.
MFG Durable Industry $59
+27.2%
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.

Companies Similar to Composite Forgings and Their Hourly Pay Rates

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

Employee Reviews: Working at Composite Forgings

Considering a career at Composite Forgings? 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.
A stable, rewarding job with growth options. Employees feel valued through recognition programs and open communication channels with leadership. Tools are provided, but upgrades are infrequent. Proactive maintenance prevents costly disruptions. What sets this company apart is its commitment to employee growth.
Commented in May 09, 2025
22
1
The shift schedule is consistent but rigid. Cross-training is encouraged, allowing employees to build skills in different areas. Pride in building quality products. People are quick to lend a hand, and the mood is usually upbeat despite the pace. Safety training goes beyond minimum requirements, creating genuine culture of care.
Commented in April 12, 2025
41
2
Safety is a priority. You feel appreciated for your efforts. There are plenty of opportunities for internal growth, and teamwork is strongly encouraged.
Commented in January 25, 2025
11
2
Most rewarding is seeing how our high-quality products make a difference in customers' lives every day. Great team culture on the floor. Scheduling is predictable, and the pay is competitive with the industry. The pace is steady, and expectations are clear. I enjoy the balance of structure and autonomy. Advancement exists, though it may take time. Advancement opportunities are available, but they’...
Commented in June 05, 2024
32
3
The workplace culture is formal and professional but sometimes lacks flexibility and agility. This synergy not only enhances efficiency but also fosters a supportive and engaging workplace. Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered for improving performance and efficiency. Management is transparent and communicates effectively with the employee...
Commented in January 18, 2024
13
3

Composite Forgings Overview

Website
www.compforge.com
Founded In
1948
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
2300 W Jefferson Ave Detroit Michigan MI 48216
Revenue
$10 Million - $50 Million
Phone Number
+1 3134961226
Social Media
About Composite Forgings
Composite Forgings also supplies a range of forging die steels to the impression die forging industry. With an ideally located, impressively equipped, 2 acre facility, Composite Forgings is able to handle a range of jobs from the smallest, simplest parts to the largest and most intricate forgings. Composite Forgings also possesses a 10,000 square foot service center and 2 machine shops. In busines

What Benefits Does Composite Forgings Offer Beyond Salary?

A competitive compensation package is more than just a salary. Composite Forgings 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Composite Forgings.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Composite Forgings, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Composite Forgings salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Composite Forgings

1. How much does a Composite Forgings employee make?

Composite Forgings pays its employees an average of $46 per hour. The average salary at Composite Forgings range 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. Which similar company tend to pay more or less than Composite Forgings?

The salary at Composite Forgings is higher than the similar company. The average annual salary at Composite Forgings is $95,702, or an hourly wage of $46, in comparison to SOPH Inc which pays $92,981 per year or $45 per hour.

3. How much does a Vice President, Finance typically earn at Composite Forgings?

A Vice President, Finance at Composite Forgings typically earns an average hourly base salary of around $115, with a general range of $97 to $137.

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

In many roles at Composite Forgings, 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 Detroit affect the perceived value of a Composite Forgings salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Composite Forgings based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Composite Forgings typically offer employees?

Composite Forgings 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 Composite Forgings" section on this page.

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