Despatch Industries Inc Salary

Despatch Industries Inc Salary

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As of July 2026, the average hourly salary for employees at Despatch Industries Inc in the United States is $47. This translates to an approximate annual wage of $97,358. Salaries at Despatch Industries Inc typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Despatch Industries Inc

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Is Despatch Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Despatch Industries 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
Process Heating $46
-2.5%
Confirms Process Heating is a direct competitor vying for the exact same talent pool.
AbelConn LLC $47
+0.0%
Indicates identical technical requirements and experience levels between the two firms.
Robinson Rubber Products Company Inc $47
+0.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Magnattack Global $46
-2.3%
Suggests Magnattack Global utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $59
+25.0%
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 Despatch Industries Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Despatch Industries Inc

Considering a career at Despatch Industries 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.
Reliable equipment reduces unexpected breakdowns and delays. From planning to production, operations are efficient and well-coordinated. The company invests in both cutting-edge equipment and comprehensive employee training programs. Safety standards are good but could improve further.
Commented in April 26, 2025
14
0
Workload can fluctuate, causing occasional stress during peak seasons. Working at this manufacturer has been a career highlight. Training programs are thorough and designed to keep staff up to date with industry standards. My experience has been relatively uneventful. You’ll stay busy, but it’s not usually overwhelming unless someone is out. Excellent safety protocols and good training opportuniti...
Commented in April 19, 2025
24
1
I now feel confident in operating complex machinery. Knowing the long-term goals and how our work contributes to them is very motivating. Productivity and morale remain high. Most departments function well independently, but inter-department communication could improve.
Commented in February 20, 2024
35
2

Despatch Industries Inc Overview

Website
www.despatch.com
Founded In
1902
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
8860 207th St W Lakeville Minnesota MN 55044
Revenue
$10 Million - $50 Million
Phone Number
+1 9524695424
Social Media
About Despatch Industries Inc
Despatch Industries is a machinery company. It offers products such as benchtop & lab ovens, accessories & options, walk-in & truck-in ovens, conveyor ovens, and cabinet ovens. The company serves different markets such as electronics, healthcare, transportation, and industrial markets. It was established in 1902 and is based in Minneapolis, Minnesota. Despatch Industries is a division of Illinois

What Benefits Does Despatch Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Despatch Industries 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 Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Despatch Industries Inc.
Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Despatch Industries Inc, 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 Despatch Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (MVTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 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) $2,925 - $4,525+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Despatch Industries Inc

1. What is the typical salary range (low to high) for most roles at Despatch Industries Inc?

The typical salary range for most roles at Despatch Industries Inc is approximately from $41 to $53 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 Despatch Industries Inc pay compared to Process Heating?

The average annual salary at Despatch Industries Inc is $97,358, or an hourly wage of $47, in comparison to Process Heating which pays $94,890 per year or $46 per hour.

3. Do salaries differ significantly between departments at Despatch Industries Inc?

Yes, salaries often differ between departments at Despatch Industries Inc 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 Despatch Industries Inc?

Experience level is a significant factor in determining salary at Despatch Industries Inc, 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 Despatch Industries Inc in Lakeville is fair given the local cost of living?

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

6. Why might an individual's actual salary at Despatch Industries Inc differ from the ranges shown here?

An individual's actual salary at Despatch Industries Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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