Hgglunds Drives AB Salary

As of October 2026, the average hourly salary for employees at Hgglunds Drives AB in the United States is $46. This translates to an approximate annual wage of $95,744. Salaries at Hgglunds Drives AB typically range from $41 to $52 hourly, reflecting the diverse roles and experience levels within the company.
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Is Hgglunds Drives AB’s Pay Competitive? Salary Benchmarking Analysis

How does Hgglunds Drives AB'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
Instrument Manufacturing $47
+2.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Chance Industries Inc $41
-11.7%
Chance Industries Inc focuses strategically on recruiting and training entry-level apprentices.
Machinewell Inc $40
-13.1%
Machinewell Inc may offer non-monetary perks in lieu of competitive base salaries.
KB Kitchen $40
-14.0%
KB Kitchen operates with a leaner overhead structure, impacting base wage offers.
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.

Employee Reviews: Working at Hgglunds Drives AB

Considering a career at Hgglunds Drives AB? 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.
Managers are present and easy to talk to. Training is hands-on, and expectations are clear. This makes us feel heard and valued, contributing to a better workplace. Employees appreciate the job stability and benefits but face challenges with workload fluctuations and occasional unclear communication. The environment is professional and structured.
Training is clear, goals are reasonable, and you’re rewarded for doing a good job. Customer satisfaction is a top priority throughout production. Management is supportive and listens to employee feedback, fostering a respectful and collaborative atmosphere on the floor. It’s not the most inspiring place to work, but it is dependable. Leadership is transparent and proactive, keeping employees infor...
Teamwork is prioritized—whether in production, quality control, or logistics, everyone collaborates to meet goals. Benefits are comprehensive, covering health, retirement, and wellness initiatives. The workplace is clean, and safety is a priority. This makes you feel like your voice matters and that you can contribute to positive changes. The work is repetitive but predictable, which suits some pe...
I felt welcomed and well-prepared from day one. What I appreciate most is the emphasis on safety. It’s a place where you can feel secure in your role and proud of the products you help create. It’s clear they value their workforce and want to attract and retain good people. The team is cohesive and works efficiently together, helping each other overcome challenges.

Hgglunds Drives AB Overview

Website
www.hagglunds.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
220 Spring Hill Dr Spring Texas TX 77386
Revenue
$10 Million - $50 Million
Phone Number
+44 1924220100
Social Media
About Hgglunds Drives AB
Hgglunds Drives AB is a company that operates in the Machinery industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Spring, Texas.

What Benefits Does Hgglunds Drives AB Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hgglunds Drives AB 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 Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Hgglunds Drives AB.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Hgglunds Drives AB, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Hgglunds Drives AB salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hgglunds Drives AB

1. How much does a Hgglunds Drives AB employee make?

Hgglunds Drives AB pays its employees an average of $46 per hour. The average salary at Hgglunds Drives AB 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 Hgglunds Drives AB?

The salary at Hgglunds Drives AB is lesser than the similar company. The average annual salary at Hgglunds Drives AB is $95,744, or an hourly wage of $46, in comparison to Instrument Manufacturing which pays $98,286 per year or $47 per hour.

3. How much does a Managing Director typically earn at Hgglunds Drives AB?

A Managing Director at Hgglunds Drives AB typically earns an average hourly base salary of around $356, with a general range of $273 to $448.

4. Do employees with advanced degrees (Master's, PhD) earn more at Hgglunds Drives AB?

In many roles at Hgglunds Drives AB, 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 Houston affect the perceived value of a Hgglunds Drives AB salary?

Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Hgglunds Drives AB based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Hgglunds Drives AB typically offer employees?

Hgglunds Drives AB 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 Hgglunds Drives AB" section on this page.