Ilco Electronic Locking Systems Salary

As of October 2026, the average hourly salary for employees at Ilco Electronic Locking Systems in the United States is $49. This translates to an approximate annual wage of $102,126. Salaries at Ilco Electronic Locking Systems typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company.
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Is Ilco Electronic Locking Systems’s Pay Competitive? Salary Benchmarking Analysis

How does Ilco Electronic Locking Systems'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
Safety Latch Manufacturing Inc $49
-0.7%
Confirms Safety Latch Manufacturing Inc is a direct competitor vying for the exact same talent pool.
EnergyWare LLC $41
-16.0%
EnergyWare LLC may offer non-monetary perks in lieu of competitive base salaries.
Henard Metal Fabricators Inc $37
-24.3%
Henard Metal Fabricators Inc likely leverages performance bonuses over the high base salary shown here.
Andrew Mancini Associates Inc $42
-15.2%
Andrew Mancini Associates Inc operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $59
+19.2%
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 Ilco Electronic Locking Systems

Considering a career at Ilco Electronic Locking Systems? 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.
The company supports ongoing training and skill development, ensuring long-term success for both employees and clients. They offer competitive wages and a strong benefits package, demonstrating their investment in the workforce. I like how each shift runs like clockwork, with clear expectations and strong teamwork. Compensation packages are competitive and include excellent benefits. The workplace...
Processes are established, though rarely optimized. This job delivers stability and clarity in expectations. The environment is clean and quiet. There is no limited interaction across departments, and collaboration is emphasized. There's a good work-life balance, which is often hard to find in manufacturing. Compensation and benefits are competitive, including profit sharing and excellent healthca...
Teams collaborate well, and there’s a strong emphasis on keeping everything running efficiently. This manufacturing company stands out for its progressive approach to industrial work. The culture is professional but can be rigid to dapt, sometimes hindering innovation. I genuinely look forward to coming to work each day.

Ilco Electronic Locking Systems Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
41 Valley View Dr Wallingford Connecticut CT 06492
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Ilco Electronic Locking Systems
Ilco Electronic Locking Systems is a company that operates in the Security and Investigations industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Wallingford, Connecticut.

What Benefits Does Ilco Electronic Locking Systems Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ilco Electronic Locking Systems 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 Haven?

Understanding the cost of living near New Haven is key to truly evaluating a salary offer or your current compensation at Ilco Electronic Locking Systems.
New Haven's Cost of Living Index is approximately 106.5 (6.5% more expensive than US average; 1.1% less than CT average). Home to Yale University, housing can be high near campus/downtown, but more affordable options exist. CTtransit, Metro-North. When planning your budget based on a salary from Ilco Electronic Locking Systems, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Ilco Electronic Locking Systems salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,823 - $4,433+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ilco Electronic Locking Systems

1. What is the estimated average total compensation at Ilco Electronic Locking Systems?

Salary.com estimates that the average total compensation package at Ilco Electronic Locking Systems, which can include base salary, potential bonuses, and benefits, is around $49 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Ilco Electronic Locking Systems pay compared to Safety Latch Manufacturing Inc?

The average annual salary at Ilco Electronic Locking Systems is $102,126, or an hourly wage of $49, in comparison to Safety Latch Manufacturing Inc which pays $101,387 per year or $49 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Ilco Electronic Locking Systems?

Salary progression from an entry-level to a senior role at Ilco Electronic Locking Systems can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Ilco Electronic Locking Systems in New Haven is fair given the local cost of living?

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

5. Are promotions at Ilco Electronic Locking Systems usually accompanied by a significant salary increase?

Yes, promotions at Ilco Electronic Locking Systems are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.