Innov Wire Technology Inc Salary

As of August 2026, the average hourly salary for employees at Innov Wire Technology Inc in the United States is $47. This translates to an approximate annual wage of $97,780. Salaries at Innov Wire Technology Inc typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Innov Wire Technology Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Innov Wire Technology Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an hourly wage of $364. The table below outlines the hourly wage ranges for most popular roles within the company.
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Is Innov Wire Technology Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innov Wire Technology 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
Reid-Ashman Manufacturing Inc $47
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
Vornado Air LLC $45
-3.2%
Vornado Air LLC may offer non-monetary perks in lieu of competitive base salaries.
Flexovit $46
-3.0%
Flexovit likely leverages performance bonuses over the high base salary shown here.
ORBIS Corporation ORBIS Manufacturing $44
-6.0%
ORBIS Corporation ORBIS Manufacturing focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $59
+24.5%
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 Innov Wire Technology Inc

Considering a career at Innov Wire Technology 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.
However, the environment feels a bit disconnected at times. Flexibility in shifts depends on management, leading to mixed experiences. It’s not the most inspiring place to work, but it is dependable. Leadership is generally responsive, but some processes lack clarity.
The work itself is repetitive, but expectations are clear. Reliable hours and overtime opportunities are great for those looking to increase their income. Strong teamwork fosters efficient and high-quality production.
Supervisors know your name, and coworkers look out for each other. These initiatives, like health screenings or fitness challenges, are a great perk and contribute to a healthier, happier workforce, which I really appreciate. The safety programs are world-class, with regular training and cutting-edge protective equipment. Working at this manufacturing firm means being part of a well-organized and ...
Coworkers are professional, though not especially social. Communication between shifts could be better. It’s not a bad place, but it doesn’t particularly stand out either. They offer good opportunities for advancement and reward hard work, making it a motivating and enjoyable place to be employed in the manufacturing sector. Management is competent but occasionally takes time to respond.
Training varies by team and shift. It's motivating to work for an organization that truly values its people. There’s pride in doing high-quality work. Production targets are realistic. It’s a decent introduction to manufacturing, and it is somehow in-depth.

Innov Wire Technology Inc Overview

Website
www.innovwiretech.com
Founded In
1913
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
3505 N Stone Ave Colorado Springs Colorado CO 80907
Revenue
$50 Million - $200 Million
Phone Number
+1 7195701150
Social Media
About Innov Wire Technology Inc
Since its creation in 1963, INNOV WIRE TECHNOLOGY manufactures and develops, with expertise and excellence : smart diamond wires for the cutting of hard materials in wafers, and compact cutting saws functioning with diamond single or multiple wires. Thanks to the global approach to the needs of its customers, and to the technical and operational knowledge of its expert teams, IWT serves the world'

What Benefits Does Innov Wire Technology Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innov Wire Technology 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Colorado Springs?

Understanding the cost of living near Colorado Springs is key to truly evaluating a salary offer or your current compensation at Innov Wire Technology Inc.
Colorado Springs' Cost of Living Index is approximately 100.9 (0.9% more expensive than US average; 4.2% less than CO average). Military presence (Air Force Academy, Fort Carson), housing near US avg, scenic. When planning your budget based on a salary from Innov Wire Technology Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Innov Wire Technology Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MMT monthly pass) 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,020+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innov Wire Technology Inc

1. What is the average salary for employees at Innov Wire Technology Inc?

The average total compensation for employees at Innov Wire Technology Inc is approximately $47 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $41 to $53 per hour, depending on factors like job role, experience, and location.

2. How much does Innov Wire Technology Inc pay compared to Reid-Ashman Manufacturing Inc?

The average annual salary at Innov Wire Technology Inc is $97,780, or an hourly wage of $47, in comparison to Reid-Ashman Manufacturing Inc which pays $98,476 per year or $47 per hour.

3. What is the lowest salary at Innov Wire Technology Inc?

The lowest-paying job at Innov Wire Technology Inc is a Finance Intern with a salary of $28 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Innov Wire Technology 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 Innov Wire Technology Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Innov Wire Technology Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Colorado Springs?

While some companies offer formal COLA, many, including potentially Innov Wire Technology 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.

6. What's the typical process for salary reviews and raises at Innov Wire Technology Inc?

Most companies, likely including Innov Wire Technology 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.