Franklin Precision Industry Inc Salary

As of August 2026, the average hourly salary for employees at Franklin Precision Industry Inc in the United States is $45. This translates to an approximate annual wage of $92,685. Salaries at Franklin Precision Industry Inc typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Franklin Precision Industry Inc

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Is Franklin Precision Industry Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Franklin Precision Industry 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
Nx Utilities LLC $52
+17.4%
Supported by Nx Utilities LLC's high-margin contracts allowing higher overhead.
Southeastern Paper Group Inc $46
+4.2%
Reflects structural premiums typical of Southeastern Paper Group Inc's large-cap national operations.
Hoover Treated Wood Products Inc $46
+2.7%
Indicates identical technical requirements and experience levels between the two firms.
Maysteel Industries LLC $48
+7.1%
Driven by niche technical certifications required for Maysteel Industries LLC's specialized projects.
MFG Durable Industry $59
+31.4%
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 Franklin Precision Industry Inc

Considering a career at Franklin Precision Industry 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.
It’s a place where you can see a long-term future, supported by a management team that genuinely cares about its people and their professional development. The communication channels are open, and employee feedback is genuinely encouraged and acted upon. They consistently invest in new equipment and training, which shows a commitment to the future and to us, the employees. Flexible scheduling opti...
Regular training, readily available PPE, and a culture where you’re encouraged to speak up about concerns make me feel safe and respected on the job every single day. The company encourages cross-functional teamwork and open communication. At this manufacturing facility, teamwork and safety are top priorities. Management is approachable and genuinely listens to employee feedback, making improvemen...
They also provide great benefits and flexibility for work-life balance. The team spirit is strong, and colleagues are always willing to assist one another. Shift work can be tiring due to irregular schedules.
The equipment is modern, and safety training is thorough. The facility is well-maintained and safe for workers. My role has given me new skills and confidence in my abilities. The camaraderie with my colleagues is one of the best parts of working here. Safety is paramount here, and it shows in everything we do.
The preventive maintenance program keeps equipment running smoothly with minimal unexpected downtime. Management is also very understanding and responsive to employee needs. This commitment to providing the right support helps us maintain quality and efficiency in our daily operations, which benefits everyone.

Franklin Precision Industry Inc Overview

Website
www.fpik.com
Founded In
1989
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
3220 Bowling Green Rd Franklin Kentucky KY 42134
Revenue
$50 Million - $200 Million
Phone Number
+1 2705984300
Social Media
About Franklin Precision Industry Inc
Franklin Precision Industry Inc. (FPI), founded in 1989 and located in Franklin, Kentucky, is an automotive fuel system components manufacturer.

What Benefits Does Franklin Precision Industry Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Franklin Precision Industry 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 Frankfort?

Understanding the cost of living near Frankfort is key to truly evaluating a salary offer or your current compensation at Franklin Precision Industry Inc.
Frankfort's Cost of Living Index is approximately 84.7 (15.3% less expensive than US average; 8.8% less than KY average). State capital, affordable housing. FTS. When planning your budget based on a salary from Franklin Precision Industry Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Franklin Precision Industry Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit 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 $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,940 - $3,120+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Franklin Precision Industry Inc

1. How much does a Franklin Precision Industry Inc employee make?

Franklin Precision Industry Inc pays its employees an average of $45 per hour. The average salary at Franklin Precision Industry Inc range from $39 to $50 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 Franklin Precision Industry Inc?

The salary at Franklin Precision Industry Inc is lesser than the similar company. The average annual salary at Franklin Precision Industry Inc is $92,685, or an hourly wage of $45, in comparison to Nx Utilities LLC which pays $108,855 per year or $52 per hour.

3. How much does a Chief Information Officer & Chief Technology Officer typically earn at Franklin Precision Industry Inc?

A Chief Information Officer & Chief Technology Officer at Franklin Precision Industry Inc typically earns an average hourly base salary of around $135, with a general range of $116 to $155.

4. Do employees with advanced degrees (Master's, PhD) earn more at Franklin Precision Industry Inc?

In many roles at Franklin Precision Industry Inc, 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 Frankfort affect the perceived value of a Franklin Precision Industry Inc salary?

Frankfort's Cost of Living Index is approximately 84.7 (15.3% less expensive than US average; 8.8% less than KY average). This significantly impacts the purchasing power of a salary from Franklin Precision Industry Inc based there. Our "Cost of Living Insights for Frankfort" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Franklin Precision Industry Inc typically offer employees?

Franklin Precision Industry Inc 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 Franklin Precision Industry Inc" section on this page.