Loar Group Inc Salary

As of August 2026, the average hourly salary for employees at Loar Group Inc in the United States is $54. This translates to an approximate annual wage of $111,809. Salaries at Loar Group Inc typically range from $47 to $61 hourly, reflecting the diverse roles and experience levels within the company.
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Is Loar Group Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Loar Group 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
Coach & Equipment Manufacturing Corp $45
-16.3%
Coach & Equipment Manufacturing Corp likely leverages performance bonuses over the high base salary shown here.
American Technical Ceramics Corp $53
-2.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Anco Ltd $51
-4.3%
Anco Ltd may offer non-monetary perks in lieu of competitive base salaries.
ferrontec.atfreeweb.com $59
+9.7%
Influenced by prevailing union wage agreements specific to ferrontec.atfreeweb.com's sector.
MFG Durable Industry $59
+8.9%
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 Loar Group Inc

Considering a career at Loar Group 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.
It’s a stable and enjoyable place to work. Proud to work in a company that values consistency, innovation, and continuous improvement every day. The company encourages cross-functional teamwork and open communication. Overall, it’s a dynamic, supportive, and rewarding work environment. Tasks are clear and repetitive, and I know exactly what I’ll be doing each day.
The workplace is functional and it is somehow particularly forward-thinking. Timely deliveries support our tight schedules flawlessly. Leadership is transparent, and weekly meetings keep everyone informed about progress and changes. The facility is well-maintained and safe for workers. Hard work and dedication are genuinely recognized and rewarded here. The collaborative spirit at truly remarkable...
Recognition programs keep motivation high. It’s a very inclusive environment where everyone is treated with respect. Communication is average; could be more transparent. Fair supervisors and clear expectations.

Loar Group Inc Overview

Website
www.loargroup.com
Founded In
2011
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
20 New King St White Plains New York NY 10604
Revenue
$10 Million - $50 Million
Phone Number
+1 9149091311
Social Media
About Loar Group Inc
Loar Group, Inc. is a diversified manufacturer and supplier with established relationships across leading aerospace and defense OEMs and Tier Ones worldwide. The Company's mandate is to create a strategic global alliance of companies specializing in the design and manufacture of aerospace and defense components. Loar provides its partners and customers with innovative, cost-effective engineering a

What Benefits Does Loar Group Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loar Group 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 Yonkers?

Understanding the cost of living near Yonkers is key to truly evaluating a salary offer or your current compensation at Loar Group Inc.
Yonkers' Cost of Living Index is approximately 135.8 (35.8% more expensive than US average; 8.6% more than NY average). Westchester County city bordering The Bronx, high housing costs. Bee-Line Bus, Metro-North. When planning your budget based on a salary from Loar Group Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of Loar Group Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Bee-Line/Metro-North varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,510 - $5,330+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Loar Group Inc

1. How much does Loar Group Inc in the United States pay?

Loar Group Inc pays its employees an average of $54 per hour. The average salary at Loar Group Inc range from $47 to $61 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 Loar Group Inc employees get a higher salary than its peer company?

The salary at Loar Group Inc is higher than its peer company. The average annual salary at Loar Group Inc is $111,809, or an hourly wage of $54, in comparison to Coach & Equipment Manufacturing Corp which pays $93,582 per year or $45 per hour.

3. What are the highest paying jobs at Loar Group Inc?

The higher-paying job at Loar Group Inc, according to our data, include Chief Executive Officer (avg. $416 per hour), Chief Financial Officer (avg. $217 per hour), and Vice President & General Counsel (avg. $190 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Loar Group Inc?

Salary progression with years of experience at Loar Group Inc 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 Loar Group Inc vary by office location?

Yes, it's very likely that salaries at Loar Group Inc 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 Yonkers section provides more context.

6. Does Loar Group Inc offer good benefits?

Loar Group Inc 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 Loar Group Inc" section on this page.