M & R Precision Machining Salary

As of September 2026, the average hourly salary for employees at M & R Precision Machining in the United States is $35. This translates to an approximate annual wage of $72,805. Salaries at M & R Precision Machining typically range from $31 to $40 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does M & R Precision Machining Pay for Different Roles?

Explore detailed salary information for specific jobs at M & R Precision Machining. Based on our data, the highest paying job is the FT Utility Aide- Dishwasher, with an hourly wage of $76. The table below outlines the hourly wage ranges for most popular roles within the company.

Assistant Chief of Fire

$53 / hour

Salary Range: $44 - $64

IRA Accounts

Full-time Server

$11 / hour

Salary Range: $10 - $12

IT Infrastructure

Maintenance I - Housekeeper

$27 / hour

Salary Range: $24 - $30

Facilities Operations

FT Utility Aide- Dishwasher

$76 / hour

Salary Range: $68 - $84

Trading

Move-In Coordinator

$19 / hour

Salary Range: $18 - $22

Customer Service

Maintenance Technician II

$24 / hour

Salary Range: $21 - $29

Oil and Gas

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at M & R Precision Machining.
Loading results...

About M & R Precision Machining: Company Profile

Website
www.mrprecision.com
Founded In
1973
Employees
25 - 50 employees
Industry
All Industries
Headquarter Location
ELK GROVE VILLAGE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About M & R PRECISION MACHINING
We are a high-precision machining company serving a wide variety of industries, with a special focus in Aerospace market. M&R is strategically located adjacent to O'Hare Airport in Chicago, which is one of the most important and centrally located logistical hubs for the Aerospace industry in the U.S. We are consistently recognized as a leader in all industries we serve through superior product qua

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into M & R Precision Machining's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
This company truly values its employees. Communication from leadership is clear, and projects are well-defined. The office atmosphere is lively, and innovation is encouraged. Professional development is a priority, and the benefits are top-notch. A supportive and inclusive workplace.
The work environment is predictable, which suits those who prefer stability. The office is well-equipped, and work schedules are predictable. The leadership team communicates company goals clearly, making it easy to align individual contributions. Management is open to suggestions, making improvements based on feedback. It’s a forward-thinking organization that I’m proud to be part of. The office ...
While growth opportunities exist, they could be more structured. Leadership is proactive in recognizing employee efforts, and the benefits package is well above average. A steady employer with a professional atmosphere. I’ve built meaningful relationships here and feel motivated to contribute to the company’s growth.

Is M & R Precision Machining’s Pay Competitive? Salary Benchmarking Analysis

How does M & R Precision Machining'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
MAINE MACHINE PRODUCTS COMPANY $34
-3.3%
Typical compensation structure for smaller regional agencies like MAINE MACHINE PRODUCTS COMPANY.
MACHINISTS INC. $37
+5.2%
Influenced by prevailing union wage agreements specific to MACHINISTS INC.'s sector.
MANITOWOC TOOL AND MANUFACTURING, LLC $32
-9.4%
MANITOWOC TOOL AND MANUFACTURING, LLC may offer non-monetary perks in lieu of competitive base salaries.
MARTINEZ & TUREK $36
+2.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
All Industries Industry $58
+65.0%
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.

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 M & R Precision Machining.
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 M & R Precision Machining, 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 M & R Precision Machining 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 M & R Precision Machining

FAQ 1: What is the average salary for employees at M & R Precision Machining?
The average total compensation for employees at M & R Precision Machining is approximately $35 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $31 to $40 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does M & R Precision Machining pay compared to MAINE MACHINE PRODUCTS COMPANY?
The average annual salary at M & R Precision Machining is $72,805, or an hourly wage of $35, in comparison to MAINE MACHINE PRODUCTS COMPANY which pays $70,375 per year or $34 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at M & R Precision Machining?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at M & R Precision Machining for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does M & R Precision Machining offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially M & R Precision Machining, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
FAQ 5: What's the typical process for salary reviews and raises at M & R Precision Machining?
Most companies, likely including M & R Precision Machining, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.