Lacks Enterprises Salary

Lacks Enterprises Salary

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As of July 2026, the average hourly salary for employees at Lacks Enterprises in the United States is $42. This translates to an approximate annual wage of $86,622. Salaries at Lacks Enterprises typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Lacks Enterprises Pay for Different Roles?

Explore detailed salary information for specific jobs at Lacks Enterprises. Based on our data, the highest paying job is the Director of Finance and Accounting, with an hourly wage of $92. The table below outlines the hourly wage ranges for most popular roles within the company.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

Turn Insight into Opportunity: Current Job Openings

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About Lacks Enterprises: Company Profile

Website
www.lacksenterprises.com
Founded In
1961
Employees
1,000 - 3,000 employees
Industry
MFG Durable
Headquarter Location
GRAND RAPIDS
Revenue
$500 Million - $1B
Phone Number
-
Social Media
About LACKS ENTERPRISES
Lacks is an automobile company that manufactures and supplies groundbreaking products and wheel assembly components for the automotive sector.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Lacks Enterprises's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Employees are provided with the tools and training needed to succeed. I'm proud to be part of a manufacturing company that not only excels in its industry but also takes great care of its employees. This company truly values its people. Management is responsive, encouraging feedback and implementing practical improvements. They don’t just sit in offices — they walk the floor and check in regularly...
Commented in May 18, 2025
14
0
Management is supportive, offering guidance and opportunities for growth. Career paths are available and it is somehow clearly communicated. This culture of appreciation boosts morale and motivates everyone to do their best work consistently. Production meets demand but struggles with peak periods. Employees receive solid benefits and enjoy job security but sometimes experience limited communicati...
Commented in January 22, 2025
17
2
It’s a dependable workplace that helps you improve your skills every day. Managers listen and act on feedback. I like that management walks the floor often and checks in with employees regularly.
Commented in January 22, 2024
18
2

How Lacks Enterprises's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Lacks Enterprises’s pay competitiveness. Click on a company for a deeper dive.

Is Lacks Enterprises’s Pay Competitive? Salary Benchmarking Analysis

How does Lacks Enterprises'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
LACKS $41
-0.9%
Confirms LACKS is a direct competitor vying for the exact same talent pool.
CHAMPION WINDOW LP $42
+0.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
BETTERBILT $42
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
WILBERT PLASTIC SERVICES ACQUISITION LLC. $40
-3.4%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $59
+40.5%
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.

What Is the Cost of Living Near Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Lacks Enterprises.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Lacks Enterprises, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Lacks Enterprises salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Lacks Enterprises

FAQ 1: How much does a Lacks Enterprises employee make?
Lacks Enterprises pays its employees an average of $42 per hour. The average salary at Lacks Enterprises range from $37 to $47 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.
FAQ 2: Which similar company tend to pay more or less than Lacks Enterprises?
The salary at Lacks Enterprises is higher than the similar company. The average annual salary at Lacks Enterprises is $86,622, or an hourly wage of $42, in comparison to LACKS which pays $85,819 per year or $41 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Lacks Enterprises?
In many roles at Lacks Enterprises, 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.
FAQ 4: How does the cost of living near Grand Rapids affect the perceived value of a Lacks Enterprises salary?
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Lacks Enterprises based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Lacks Enterprises typically offer employees?
Lacks Enterprises 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 Lacks Enterprises" section on this page.

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