LB Steel Salary

LB Steel Salary

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As of August 2026, the average hourly salary for employees at LB Steel in the United States is $48. This translates to an approximate annual wage of $99,162. Salaries at LB Steel typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at LB Steel

Ready for your next career move? Explore current job openings at LB Steel. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is LB Steel’s Pay Competitive? Salary Benchmarking Analysis

How does LB Steel'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
Parkview Metal Products LLC $49
+2.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Advance Mfg Co. Inc $50
+5.6%
Adjusted for higher cost-of-living indices in Advance Mfg Co. Inc's primary metro hubs.
Rockland Flooring $47
-0.9%
Indicates identical technical requirements and experience levels between the two firms.
Thermalex Inc $43
-10.1%
Thermalex Inc likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $59
+22.8%
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.

Companies Similar to LB Steel and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at LB Steel. Click a company name to learn more.

Employee Reviews: Working at LB Steel

Considering a career at LB Steel? 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 culture values hard work, and recognition is given where it’s due. The environment is professional but can feel hierarchical, limiting innovation and flexibility in some areas. The company follows procedures well, and everything is fairly consistent. I’m proud to be part of this team.
Commented in February 24, 2025
50
1
It’s a fast-paced environment, but leadership ensures we have what we need to succeed. Performance expectations are fair, but the pace can drag during seasons. Their commitment to lean principles, efficiency, and continuous improvement sets a high standard. This company provides a consistent work routine. Pay is fair, and hours are reliable. Daily tasks are manageable, and the environment is clean...
Commented in December 13, 2024
24
1
What makes this manufacturer special is its ability to combine large-scale production with attention to detail. Management follows protocol, but there’s limited innovation unless upper leadership initiates change. The blend of skilled tradespeople and advanced automation creates an exciting work environment. Resources for our work are industry-leading, from tools to safety equipment.
Commented in January 27, 2024
19
3

LB Steel Overview

Website
www.lbsteel.com
Founded In
2001
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
15700 Lathrop Ave Harvey Illinois IL 60426
Revenue
$10 Million - $50 Million
Phone Number
+1 7083312600
Social Media
About LB Steel
LB Steel is dedicated to innovation in our process technologies, employee skills, and equipment. We do this to give our customers a competitive edge, as well as to deliver a product to our customer that meets or exceeds expectations. Our engineers and technical staff, supported by management, strive to be at the forefront of new technologies in our industries, and implement these as soon as they a

What Benefits Does LB Steel Offer Beyond Salary?

A competitive compensation package is more than just a salary. LB Steel 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 LB Steel.
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 LB Steel, 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 LB Steel 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 LB Steel

1. How much does LB Steel in the United States pay?

LB Steel pays its employees an average of $48 per hour. The average salary at LB Steel range from $42 to $54 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.

2. Do LB Steel employees get a higher salary than its peer company?

The salary at LB Steel is lesser than its peer company. The average annual salary at LB Steel is $99,162, or an hourly wage of $48, in comparison to Parkview Metal Products LLC which pays $101,187 per year or $49 per hour.

3. What are the highest paying jobs at LB Steel?

The higher-paying job at LB Steel, according to our data, include Chief Executive Officer (avg. $369 per hour), Vice President, Operations (avg. $140 per hour), and Senior VP, Sales (avg. $126 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at LB Steel?

Salary progression with years of experience at LB Steel is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at LB Steel vary by office location?

Yes, it's very likely that salaries at LB Steel vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

6. Does LB Steel offer good benefits?

LB Steel typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at LB Steel" section on this page.

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