Illinois Engineered Products Inc Salary

As of August 2026, the average hourly salary for employees at Illinois Engineered Products Inc in the United States is $47. This translates to an approximate annual wage of $97,674. Salaries at Illinois Engineered Products Inc typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Illinois Engineered Products Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Illinois Engineered Products Inc. Based on our data, the highest paying job is the Assistant To Dean, with an hourly wage of $47. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Illinois Engineered Products Inc

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Is Illinois Engineered Products Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Illinois Engineered Products 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
StoneTek Imports Inc $47
-0.8%
Suggests StoneTek Imports Inc utilizes a highly similar base-plus-benefits compensation model.
Pilot Aircraft Corp $55
+17.2%
Reflects structural premiums typical of Pilot Aircraft Corp's large-cap national operations.
Legacy Pipe Co $39
-16.3%
Legacy Pipe Co operates with a leaner overhead structure, impacting base wage offers.
Integrated Hydraulics Inc $42
-9.9%
Normalized for lower cost-of-living zones where Integrated Hydraulics Inc primarily operates.
MFG Durable Industry $59
+24.6%
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 Illinois Engineered Products Inc

Considering a career at Illinois Engineered Products 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.
Facilities are clean, organized and equipped with state-of-the-art machinery. They ensure we have the right training and tools to do our jobs effectively and safely. It’s a decent place if you want consistency, and it is somehow ideal if you’re seeking excitement or fast growth. We support each other and often share a laugh, making the workday more enjoyable.
Communication is adequate but could improve for better efficiency. Management is approachable, though feedback loops. I’ve had consistent support and real opportunities to develop both technically and professionally here. Consistent processes, minimal errors, and smart scheduling define this workplace. Overtime is occasionally necessary during high production demands. Management recognizes that ex...
Equipment is kept in top shape, and maintenance responds quickly when issues arise. Competitive pay and benefits motivate employees. Their visionary guidance, strategic insight, and genuine enthusiasm are a true inspiration to all of us. Safety protocols are in place, though their strictness varies by team.

Illinois Engineered Products Inc Overview

Website
www.illinoisengineeredproducts.com
Founded In
1962
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
2415 W 21st St Chicago Illinois IL 60608
Revenue
$5 Million - $10 Million
Phone Number
+1 3128503710
Social Media
About Illinois Engineered Products Inc
Illinois Engineered Products and its employees proudly support several industry associations. Our team is an active part of the following organizations as members, participating in trade shows, fundraisers, networking events, and educational opportunities. We keep a finger on the pulse of the industry to ensure we know the trends and news impacting our customers and partners.

What Benefits Does Illinois Engineered Products Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Illinois Engineered Products 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Illinois Engineered Products Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Illinois Engineered Products Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Illinois Engineered Products Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Illinois Engineered Products Inc

1. What is the estimated average total compensation at Illinois Engineered Products Inc?

Salary.com estimates that the average total compensation package at Illinois Engineered Products Inc, which can include base salary, potential bonuses, and benefits, is around $47 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Illinois Engineered Products Inc pay compared to StoneTek Imports Inc?

The average annual salary at Illinois Engineered Products Inc is $97,674, or an hourly wage of $47, in comparison to StoneTek Imports Inc which pays $96,936 per year or $47 per hour.

3. Do salaries differ significantly between departments at Illinois Engineered Products Inc?

Yes, salaries often differ between departments at Illinois Engineered Products 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Illinois Engineered Products Inc?

Salary progression from an entry-level to a senior role at Illinois Engineered Products Inc 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.

5. How can I determine if a salary offer from Illinois Engineered Products Inc in Chicago is fair given the local cost of living?

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

6. Are promotions at Illinois Engineered Products Inc usually accompanied by a significant salary increase?

Yes, promotions at Illinois Engineered Products Inc 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.