Lathom Industries Inc Salary

As of August 2026, the average hourly salary for employees at Lathom Industries Inc in the United States is $45. This translates to an approximate annual wage of $94,573. Salaries at Lathom Industries Inc typically range from $40 to $51 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lathom Industries Inc

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Is Lathom Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lathom Industries 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
Kissed Industries Inc $44
-2.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Divex Industries LLC $45
+0.0%
Confirms Divex Industries LLC is a direct competitor vying for the exact same talent pool.
M'N'C INDUSTRIES Ltd $47
+2.5%
Suggests M'N'C INDUSTRIES Ltd utilizes a highly similar base-plus-benefits compensation model.
Eaton Industries Inc $46
+1.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+28.7%
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 Lathom Industries Inc

Considering a career at Lathom Industries 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.
The company invests in modern technology and maintains a safe, efficient workspace. Management is approachable and genuinely listens to employee feedback, making improvements based on our input. It's motivating to work for an organization that continuously invests in both its processes and its workforce. Training programs are available but sometimes lack specificity for certain roles.
The company's commitment to local community partnerships adds meaning to our work beyond production numbers. There is a lot of upward movement, that’s not unexpected in my role. Morale is generally high thanks to regular appreciation events and bonuses. It’s a good starting point, not a long-term goal. It’s a rewarding place to contribute. Employees demonstrate great attention to detail and care. ...
It’s a fast-paced environment, but leadership ensures we have what we need to succeed. There aren’t many surprises, and schedules are predictable. The work environment is generally professional but can feel bureaucratic and rigid at times.

Lathom Industries Inc Overview

Website
Data pending, update soon.
Founded In
1981
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
4210 Frostwood Ct Troy Michigan MI 48098
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Lathom Industries Inc
Lathom Industries Inc is a company that operates in the Machinery industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Troy, Michigan.

What Benefits Does Lathom Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lathom Industries 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 Troy?

Understanding the cost of living near Troy is key to truly evaluating a salary offer or your current compensation at Lathom Industries Inc.
Troy's Cost of Living Index is approximately 107.3 (7.3% more expensive than US average; 17.5% more than MI average). Affluent Detroit suburb (Oakland Co.), major commercial/business center, high housing costs. SMART bus. When planning your budget based on a salary from Lathom Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Lathom Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,280+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lathom Industries Inc

1. What is the average salary for employees at Lathom Industries Inc?

The average total compensation for employees at Lathom Industries Inc is approximately $45 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $40 to $51 per hour, depending on factors like job role, experience, and location.

2. How much does Lathom Industries Inc pay compared to Kissed Industries Inc?

The average annual salary at Lathom Industries Inc is $94,573, or an hourly wage of $45, in comparison to Kissed Industries Inc which pays $91,841 per year or $44 per hour.

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

4. Does Lathom Industries Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Troy?

While some companies offer formal COLA, many, including potentially Lathom Industries 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.

5. What's the typical process for salary reviews and raises at Lathom Industries Inc?

Most companies, likely including Lathom Industries 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.