Locknut Technology Salary

As of August 2026, the average hourly salary for employees at Locknut Technology in the United States is $39. This translates to an approximate annual wage of $80,250. Salaries at Locknut Technology typically range from $34 to $44 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Locknut Technology Pay for Different Roles?

Explore detailed salary information for specific jobs at Locknut Technology. 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 Locknut Technology: Company Profile

Website
www.locknuttechnology.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
ADDISON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About LOCKNUT TECHNOLOGY
LOCKNUT TECHNOLOGY is a company based out of 59 W Factory Rd, Addison, Illinois, United States.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Locknut Technology's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Excellent safety protocols and good training opportunities for new employees. Benefits are strong—good healthcare, solid retirement plans, and tuition reimbursement for those pursuing certifications. Safety isn't just a priority - it's ingrained in the culture at all levels. The environment is stable but may lack innovation and flexibility for some employees. There’s a real sense of pride in our w...
The company prioritizes employee safety and well-being, offering extensive health and wellness benefits. The company's commitment to local community partnerships adds meaning to our work beyond production numbers. This company offers competitive pay and a solid benefits package. They consistently invest in new equipment and training, which shows a commitment to the future and to us, the employees....
I like the routine and structure of the day. Promotion pathways are available but competitive. The culture encourages continuous improvement, and new ideas are welcomed. Training is hands-on, and expectations are clear. Employees receive training and recognition, and the workspace is safe, clean, and productive.
There’s minimal innovation, but the company functions reliably. Commitment to deadlines consistently meets customer expectations. This blend of respecting seasoned knowledge and embracing fresh perspectives creates a dynamic and effective problem-solving environment, benefiting everyone involved in the process. Flexible shifts support work-life balance, and the workplace culture values diversity a...
What stands out is how leadership values input from frontline workers - our suggestions regularly lead to process improvements. The company's evident, consistent, and ongoing commitment to ensuring employee satisfaction within all our creative departments is truly wonderful and highly appreciated. The team gets the job done, though there's little room for creative problem-solving. Our facility run...

Is Locknut Technology’s Pay Competitive? Salary Benchmarking Analysis

How does Locknut Technology'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
LOK-MOR $36
-7.1%
LOK-MOR likely leverages performance bonuses over the high base salary shown here.
LASER CRAFTS $37
-3.1%
LASER CRAFTS operates with a leaner overhead structure, impacting base wage offers.
DIRKSEN SCREW PRODUCTS CO. $37
-3.8%
DIRKSEN SCREW PRODUCTS CO. focuses strategically on recruiting and training entry-level apprentices.
KATYEYES $38
-2.3%
Confirms KATYEYES is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $59
+51.7%
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.

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 Locknut Technology.
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 Locknut Technology, 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 Locknut Technology 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.

Most Common Questions About Locknut Technology

FAQ 1: What is the estimated average total compensation at Locknut Technology?
Salary.com estimates that the average total compensation package at Locknut Technology, which can include base salary, potential bonuses, and benefits, is around $39 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Locknut Technology pay compared to LOK-MOR?
The average annual salary at Locknut Technology is $80,250, or an hourly wage of $39, in comparison to LOK-MOR which pays $74,519 per year or $36 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Locknut Technology?
Salary progression from an entry-level to a senior role at Locknut Technology can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Locknut Technology in Chicago is fair given the local cost of living?
To determine if a salary offer from Locknut Technology in Chicago is fair, first compare the gross salary to our data for similar roles at Locknut Technology and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Are promotions at Locknut Technology usually accompanied by a significant salary increase?
Yes, promotions at Locknut Technology are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.