Grip Industries Inc Salary

Grip Industries Inc Salary

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As of August 2026, the average hourly salary for employees at Grip Industries Inc in the United States is $53. This translates to an approximate annual wage of $109,868. Salaries at Grip Industries Inc typically range from $47 to $60 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Grip Industries Inc

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

How does Grip 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
Vast Industries Inc $54
+2.0%
Confirms Vast Industries Inc is a direct competitor vying for the exact same talent pool.
Autocraft Industries Inc $42
-20.2%
Autocraft Industries Inc may offer non-monetary perks in lieu of competitive base salaries.
Flower Turbines $48
-9.8%
Normalized for lower cost-of-living zones where Flower Turbines primarily operates.
Digipas Technologies Inc $47
-10.6%
Digipas Technologies Inc operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $59
+10.8%
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 Grip Industries Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Grip Industries Inc

Considering a career at Grip 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.
Communication across teams is sometimes unclear, leading to misunderstandings. I'm proud to be part of this manufacturing team. From planning to production, operations are efficient and well-coordinated. Good benefits and a stable work environment are also major positives.
Commented in May 04, 2025
14
3
There’s a strong sense of unity and shared purpose among coworkers. In a traditional industry, they actively embrace automation, smart factory solutions, and sustainable manufacturing practices. I’m impressed by their commitment to sustainability and environmentally friendly practices. The culture is professional but can be rigid to dapt, sometimes hindering innovation. The company invests in equi...
Commented in January 17, 2025
30
2
I feel valued and secure, knowing that safety and well-being are top priorities. The leadership team is transparent and supportive, fostering open communication. Employees across multiple shifts, coordination could be challenging, but the systems in place make collaboration seamless.
Commented in November 02, 2024
47
0
A genuinely efficient operation. I never feel lost in the shuffle. People are professional, tools are updated, and feedback is regularly shared in a respectful way.
Commented in May 27, 2024
8
3
The focus on safety here is second to none. Employees enjoy working in a company that values safety, quality, and innovation. Employees are involved in decisions, and the workplace culture promotes learning and shared responsibility at every level. Processes are somewhat outdated, but they still function.
Commented in January 28, 2024
33
3

Grip Industries Inc Overview

Website
Data pending, update soon.
Founded In
1981
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
67 Wall St New York City New York NY 10005
Revenue
<$5 Million
Phone Number
-
Social Media
About Grip Industries Inc
Grip Industries Inc is a company that operates in the Machinery industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in New York City, New York.

What Benefits Does Grip Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Grip 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Grip Industries Inc.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Grip Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Grip Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Grip Industries Inc

1. What is the average salary for employees at Grip Industries Inc?

The average total compensation for employees at Grip Industries Inc is approximately $53 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $47 to $60 per hour, depending on factors like job role, experience, and location.

2. How much does Grip Industries Inc pay compared to Vast Industries Inc?

The average annual salary at Grip Industries Inc is $109,868, or an hourly wage of $53, in comparison to Vast Industries Inc which pays $112,072 per year or $54 per hour.

3. How does having a professional certification impact salary for relevant roles at Grip Industries Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Grip Industries Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Grip Industries Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like New York?

While some companies offer formal COLA, many, including potentially Grip Industries Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Grip Industries Inc?

Most companies, likely including Grip Industries Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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