Loveridge Machine Co Salary

Loveridge Machine Co Salary

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As of July 2026, the average hourly salary for employees at Loveridge Machine Co in the United States is $41. This translates to an approximate annual wage of $85,724. Salaries at Loveridge Machine Co typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Loveridge Machine Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Loveridge Machine Co. Based on our data, the highest paying job is the President, with an hourly wage of $319. 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 Loveridge Machine Co

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

Is Loveridge Machine Co’s Pay Competitive? Salary Benchmarking Analysis

How does Loveridge Machine Co'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
Tee Group Films Inc $43
+3.2%
Supported by Tee Group Films Inc's high-margin contracts allowing higher overhead.
DFM Industries Inc $48
+15.3%
Data suggests DFM Industries Inc's workforce skews heavily towards veteran, high-tenure roles.
General Precision Manufacturing Inc $40
-2.8%
Confirms General Precision Manufacturing Inc is a direct competitor vying for the exact same talent pool.
National Commercial & Industrial Coatings LLC $44
+6.6%
Adjusted for higher cost-of-living indices in National Commercial & Industrial Coatings LLC's primary metro hubs.
MFG Durable Industry $59
+42.0%
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 Loveridge Machine Co and Their Hourly Pay Rates

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

Employee Reviews: Working at Loveridge Machine Co

Considering a career at Loveridge Machine Co? 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 not the most inspiring place to work, but it is dependable. On the upside, the job is low-stress, and the hours are steady. This makes you feel like your voice matters and that you can contribute to positive changes. The production process is efficient, and everyone’s role is valued.
Commented in May 10, 2025
27
2
It's motivating to work for an organization that continuously invests in both its processes and its workforce. Reliable schedule and stable job security. The company promotes from within and supports career growth. The culture promotes accountability and efficiency, and it's great knowing your contributions matter. A strong sense of teamwork and accountability keeps this place moving efficiently. ...
Commented in April 13, 2025
35
3
Welcoming environment with helpful coworkers. I started in an entry-level position and have been able to advance my career significantly thanks to their development programs and supportive managers who believed in my potential. The company's commitment to sustainable practices and community involvement adds deeper meaning to our work.
Commented in February 20, 2025
41
2
The job is particularly stimulating, and there’s no limited opportunity for creativity or engagement. A decent, routine manufacturing environment. The culture values hard work, and recognition is given where it’s due. Benefits like profit sharing and retirement plans show the company's long-term commitment to its workforce.
Commented in March 01, 2024
36
3

Loveridge Machine Co Overview

Website
www.loveridgemachine.com
Founded In
1975
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
4097 S West Temple Salt Lake City Utah UT 84107
Revenue
$5 Million - $10 Million
Phone Number
+1 8012621414
Social Media
About Loveridge Machine Co
Loveridge Machine was established in 1975 with a small base of individual and industrial customers and grew steadily in the job shop market. In 1977, we expanded into the production machining market. That same year, we developed a wheel hub using factory-equipped braking system in the conversion of compact pickup trucks to four-wheel-drive vehicles. The product so impressed Chevrolet that it was i

What Benefits Does Loveridge Machine Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Loveridge Machine Co 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 Salt Lake City?

Understanding the cost of living near Salt Lake City is key to truly evaluating a salary offer or your current compensation at Loveridge Machine Co.
Salt Lake City's Cost of Living Index is approximately 104.3 (4.3% more expensive than US average; 2.8% more than UT average). State capital, growing tech scene, housing costs above US avg. UTA bus/TRAX/FrontRunner. When planning your budget based on a salary from Loveridge Machine Co, 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 Loveridge Machine Co salary. Location choices impact this heavily.
Utilities (Basic) $100 - $180 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (UTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,675 - $4,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Loveridge Machine Co

1. What is the estimated average total compensation at Loveridge Machine Co?

Salary.com estimates that the average total compensation package at Loveridge Machine Co, which can include base salary, potential bonuses, and benefits, is around $41 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Loveridge Machine Co pay compared to Tee Group Films Inc?

The average annual salary at Loveridge Machine Co is $85,724, or an hourly wage of $41, in comparison to Tee Group Films Inc which pays $88,455 per year or $43 per hour.

3. Do salaries differ significantly between departments at Loveridge Machine Co?

Yes, salaries often differ between departments at Loveridge Machine Co 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Loveridge Machine Co?

Salary progression from an entry-level to a senior role at Loveridge Machine Co 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.

5. How can I determine if a salary offer from Loveridge Machine Co in Salt Lake City is fair given the local cost of living?

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

6. Are promotions at Loveridge Machine Co usually accompanied by a significant salary increase?

Yes, promotions at Loveridge Machine Co 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.

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