Master Lock Company LLC Salary

As of August 2026, the average hourly salary for employees at Master Lock Company LLC in the United States is $54. This translates to an approximate annual wage of $113,064. Salaries at Master Lock Company LLC typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Master Lock Company LLC

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Is Master Lock Company LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Master Lock Company LLC'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
SMK Electronics Corp $60
+10.2%
Data suggests SMK Electronics Corp's workforce skews heavily towards veteran, high-tenure roles.
CentroMotion $55
+0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Phillips Plastics Corp $52
-4.6%
Typical compensation structure for smaller regional agencies like Phillips Plastics Corp.
Kwikset Corp $63
+15.4%
Adjusted for higher cost-of-living indices in Kwikset Corp's primary metro hubs.
MFG Durable Industry $59
+7.7%
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.

Employee Reviews: Working at Master Lock Company LLC

Considering a career at Master Lock Company LLC? 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.
A dependable employer, though opportunities for skill advancement and recognition could be stronger. Feedback is immediate and constructive, helping everyone improve quickly. Training opportunities are available, and the team collaborates effectively. It’s a well-run operation with strong values and clear communication across all levels. I’ve worked in several manufacturing plants, but this one st...
It's motivating to work for an organization that truly values its people. Tools are provided, but upgrades are infrequent. Safety procedures are in place but enforcement is uneven. Efficient workflows improved by skilled, dedicated staff. Leadership is transparent, and weekly meetings keep everyone informed about progress and changes.
Fast-paced but well-managed environment. Reliable schedule and stable job security. The communication between management and employees is excellent, ensuring everyone is aligned and informed. There's a clear chain of command, and everyone knows what’s expected. This friendly atmosphere contributes significantly to overall job satisfaction and a positive team dynamic. The benefits package is compet...
Weekly goals keep us motivated. I feel like my efforts make a difference, and that’s motivating. We’ve seen steady improvements in every area. Communication flows adequately but could be more frequent and transparent. Management provides regular updates, though feedback is usually surface-level.
We’re always improving, and leadership supports innovation and safe practices. Job security is very strong. It's motivating to work for an organization that continuously invests in both its processes and its workforce. Communication is adequate but could improve for better efficiency. The team genuinely cares about doing a good job.

Master Lock Company LLC Overview

Website
www.masterlock.com
Founded In
1921
Employees
3,000 - 7,500 employees
Industry
MFG Durable
Headquarter Address
6744 S Howell Ave Oak Creek Wisconsin WI 53154
Revenue
$500 Million - $1B
Phone Number
+1 8003089244
Social Media
About Master Lock Company LLC
Master Lock Company offers security and safety solutions for consumer, commercial, and industrial end-users. Master Lock Company LLC is an operating unit of Fortune Brands Home & Security, Inc., a leading consumer brands company.

What Benefits Does Master Lock Company LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Master Lock Company LLC 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Master Lock Company LLC.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Master Lock Company LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Master Lock Company LLC salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Master Lock Company LLC

1. What is the typical salary range (low to high) for most roles at Master Lock Company LLC?

The typical salary range for most roles at Master Lock Company LLC is approximately from $48 to $62 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 Master Lock Company LLC pay compared to SMK Electronics Corp?

The average annual salary at Master Lock Company LLC is $113,064, or an hourly wage of $54, in comparison to SMK Electronics Corp which pays $124,635 per year or $60 per hour.

3. Do salaries differ significantly between departments at Master Lock Company LLC?

Yes, salaries often differ between departments at Master Lock Company LLC 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 Master Lock Company LLC?

Experience level is a significant factor in determining salary at Master Lock Company LLC, 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 Master Lock Company LLC in Milwaukee is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Master Lock Company LLC?

Several key factors influence salary levels at Master Lock Company LLC. 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: Master Lock Company LLC 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.