MFPT Society Salary

MFPT Society Salary

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As of August 2026, the average hourly salary for employees at MFPT Society in the United States is $56. This translates to an approximate annual wage of $115,996. Salaries at MFPT Society typically range from $49 to $63 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does MFPT Society Pay for Different Roles?

Explore detailed salary information for specific jobs at MFPT Society. Based on our data, the highest paying job is the Executive Assistant, with an hourly wage of $45. 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 MFPT Society

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

Is MFPT Society’s Pay Competitive? Salary Benchmarking Analysis

How does MFPT Society'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
BackStage Theatre Co $55
-2.0%
Suggests BackStage Theatre Co utilizes a highly similar base-plus-benefits compensation model.
The Fairbanks Institute $50
-9.7%
The Fairbanks Institute likely leverages performance bonuses over the high base salary shown here.
Porsche Consulting $53
-5.7%
Normalized for lower cost-of-living zones where Porsche Consulting primarily operates.
Easybiz Ltd $61
+8.6%
Adjusted for higher cost-of-living indices in Easybiz Ltd's primary metro hubs.
Business Services Industry $59
+4.3%
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 MFPT Society and Their Hourly Pay Rates

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

Employee Reviews: Working at MFPT Society

Considering a career at MFPT Society? 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.
Communication is decent, and work is stable, but excitement is low. While management is generally supportive, career advancement. Even with senior executives make regular efforts to communicate company strategy through town halls, newsletters, and open Q&A sessions. I'm excited about the company's growth trajectory and the opportunities that come with it.
Commented in April 20, 2025
34
3
The health insurance options are comprehensive, retirement matching is generous, and there are unique perks like wellness reimbursements and employee assistance programs. The company’s internal systems are efficient, and support services are responsive. We are always encouraged to find better ways of working. People are focused on collaborating to achieve common goals, not on personal agendas. Man...
Commented in April 16, 2025
19
2
The leadership truly listens and acts. The company offers wellness stipends that can be used for gym memberships or other health-related activities. While that’s a plus for reliability, it sometimes feels uninspired. Leadership listens to employees, promotes growth opportunities, and encourages collaboration. The commitment to ethical financial practices here is unwavering, creating a strong sense...
Commented in April 10, 2025
44
2
This kind of leadership makes a significant positive impact on the entire workforce and culture. Employees have opportunities to move into different roles based on performance. They are always receptive and take the time to listen. The interview process was a great reflection of the company culture: respectful, professional, and transparent. The benefits are adequate, and the work-life balance is ...
Commented in December 13, 2024
23
3
Impressed by their organized processes and consistent results. Colleagues are professional but rarely engage beyond work tasks. It’s an environment where people can grow and feel supported. Helpful coworkers and transparent goals. Having a leader who actively supports your career and well-being is a huge asset and contributes significantly to my job satisfaction.
Commented in March 11, 2024
23
2

MFPT Society Overview

Website
www.mfpt.org
Founded In
1968
Employees
1,000 - 3,000 employees
Industry
Business Services
Headquarter Address
2625 Butterfield Rd Oak Brook Illinois IL 60523
Revenue
$50 Million - $200 Million
Phone Number
+1 6306542254
Social Media
About MFPT Society
MFPT is a non-profit professional society with a half-decade long legacy of promoting failure prevention technology. An interdisciplinary technical organization, MFPT is strongly oriented towards the practical application of health management across every engineering sphere. The MFPT community includes professional scientists, engineers, failure analysts, maintenance specialists and others who rep

What Benefits Does MFPT Society Offer Beyond Salary?

A competitive compensation package is more than just a salary. MFPT Society 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at MFPT Society.
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 MFPT Society, 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 MFPT Society 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.

FAQs of MFPT Society

1. What is the average salary for employees at MFPT Society?

The average total compensation for employees at MFPT Society is approximately $56 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $49 to $63 per hour, depending on factors like job role, experience, and location.

2. How much does MFPT Society pay compared to BackStage Theatre Co?

The average annual salary at MFPT Society is $115,996, or an hourly wage of $56, in comparison to BackStage Theatre Co which pays $113,686 per year or $55 per hour.

3. How does having a professional certification impact salary for relevant roles at MFPT Society?

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 MFPT Society for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does MFPT Society offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially MFPT Society, 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.

5. What's the typical process for salary reviews and raises at MFPT Society?

Most companies, likely including MFPT Society, 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.

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