Lock Drives Inc Salary

Lock Drives Inc Salary

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As of August 2026, the average hourly salary for employees at Lock Drives Inc in the United States is $44. This translates to an approximate annual wage of $90,945. Salaries at Lock Drives Inc typically range from $39 to $49 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Lock Drives Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lock Drives Inc. Based on our data, the highest paying job is the Managing Director, with an hourly wage of $338. The table below outlines the hourly wage ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Lock Drives Inc

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

Is Lock Drives Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lock Drives 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
Circle Gear & Machine Company Inc $48
+9.2%
Data suggests Circle Gear & Machine Company Inc's workforce skews heavily towards veteran, high-tenure roles.
Timron Precision Gear Inc $45
+2.1%
Confirms Timron Precision Gear Inc is a direct competitor vying for the exact same talent pool.
Sypris Technologies Inc $42
-3.6%
Typical compensation structure for smaller regional agencies like Sypris Technologies Inc.
Jenaer Antriebstechnik GmbH $39
-9.8%
Jenaer Antriebstechnik GmbH focuses strategically on recruiting and training entry-level apprentices.
MFG Durable Industry $59
+33.9%
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.

Companies Similar to Lock Drives Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Lock Drives Inc

Considering a career at Lock Drives 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.
Supervisors communicate well and help solve problems quickly. Strong teamwork fosters efficient and high-quality production. What sets this company apart is its people-first approach. People take pride in doing things right the first time. Workflow is organized, but efficiency varies by team.
Commented in March 09, 2025
29
3
Safety protocols are prioritized and well enforced. They are transparent in their communications and always make time to listen to employees. Management listens to feedback. I feel like my skills are respected and used meaningfully. Working at this manufacturing plant has been an incredibly rewarding experience. This manufacturing firm stands out for its commitment to operational excellence.
Commented in June 07, 2024
28
3
Communication is average; could be more transparent. The emphasis on safety and process improvement shows they care about doing things right. At this company, employees experience a supportive workplace with a clear focus on safety and quality standards. The work-life balance is surprisingly good for a manufacturing environment.
Commented in February 01, 2024
22
1

Lock Drives Inc Overview

Website
www.lockdrives.com
Founded In
1844
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
11198 Downs Rd Pineville North Carolina NC 28134
Revenue
$10 Million - $50 Million
Phone Number
+1 7045881844
Social Media
About Lock Drives Inc
Lock Drives Inc. was founded February 7th, 2008 as 100% daughter company of Lock Antriebstechnik GmbH out of Germany. Before this, Lock has operated with a support center called "Lock Drives USA" starting 2000 onwards. Lock Drives is handling the sale and service of Lock Products in the US and Canada. Sales support, technical consulting and application engineering are provided as well as stock man

What Benefits Does Lock Drives Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lock Drives 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 Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at Lock Drives Inc.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from Lock Drives 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 Lock Drives Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS 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 $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lock Drives Inc

1. What is the typical salary range (low to high) for most roles at Lock Drives Inc?

The typical salary range for most roles at Lock Drives Inc is approximately from $39 to $49 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. How much does Lock Drives Inc pay compared to Circle Gear & Machine Company Inc?

The average annual salary at Lock Drives Inc is $90,945, or an hourly wage of $44, in comparison to Circle Gear & Machine Company Inc which pays $99,352 per year or $48 per hour.

3. Do salaries differ significantly between departments at Lock Drives Inc?

Yes, salaries often differ between departments at Lock Drives Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Lock Drives Inc?

Experience level is a significant factor in determining salary at Lock Drives Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Lock Drives Inc in Charlotte is fair given the local cost of living?

To determine if a salary offer from Lock Drives Inc in Charlotte is fair, first compare the gross salary to our data for similar roles at Lock Drives Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Charlotte" to understand its purchasing power.

6. What are the key factors that influence salary levels at Lock Drives Inc?

Several key factors influence salary levels at Lock Drives Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Lock Drives Inc likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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