Mgb Engineering Company Salary

As of August 2026, the average hourly salary for employees at Mgb Engineering Company in the United States is $38. This translates to an approximate annual wage of $79,322. Salaries at Mgb Engineering Company typically range from $34 to $43 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Mgb Engineering Company Pay for Different Roles?

Explore detailed salary information for specific jobs at Mgb Engineering Company. 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 Mgb Engineering Company: Company Profile

Website
www.mgbengineering.com
Founded In
1975
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
ELK GROVE VILLAGE
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Mgb Engineering Company's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The shift scheduling is fair and accommodates personal needs when possible. The work environment is professional but sometimes bureaucratic and resistant to change. There are plenty of opportunities for internal growth, and teamwork is strongly encouraged. Work environment is stable with typical benefits, though some employees find communication between departments inconsistent.
This company stands out for its commitment to quality and continuous improvement, not just in its products but also in its employee welfare. Overtime is occasionally required, affecting personal time. Coupled with a strong safety record and opportunities for skill development, it’s a manufacturing company I am proud to recommend as a fantastic employer that truly cares.
Benefits are standard, offering health insurance and retirement plans but lacking extras. The culture is professional but occasionally bureaucratic, limiting rapid changes or innovation. Training is offered but can lack customization. Promotions occur but are infrequent. Safety culture is exceptional - incidents are rare and always used as learning opportunities. They clearly invest in maintaining...
Overtime is occasionally necessary during high production demands. I’m proud to be part of this team. across multiple facilities, there's a strong culture of safety, quality and teamwork. Everyone pulls together to meet production goals.

Is Mgb Engineering Company’s Pay Competitive? Salary Benchmarking Analysis

How does Mgb Engineering Company'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
MILLER MOLD CO $34
-12.0%
MILLER MOLD CO focuses strategically on recruiting and training entry-level apprentices.
MARTELLISOLUTIONS $33
-13.9%
MARTELLISOLUTIONS may offer non-monetary perks in lieu of competitive base salaries.
MODBOT $45
+17.8%
Driven by niche technical certifications required for MODBOT's specialized projects.
MIXMOR $41
+6.4%
Supported by MIXMOR's high-margin contracts allowing higher overhead.
MFG Durable Industry $59
+53.5%
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 Mgb Engineering Company.
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 Mgb Engineering Company, 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 Mgb Engineering Company 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 Mgb Engineering Company

FAQ 1: What is the average salary for employees at Mgb Engineering Company?
The average total compensation for employees at Mgb Engineering Company is approximately $38 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $34 to $43 per hour, depending on factors like job role, experience, and location.
FAQ 2: How much does Mgb Engineering Company pay compared to MILLER MOLD CO?
The average annual salary at Mgb Engineering Company is $79,322, or an hourly wage of $38, in comparison to MILLER MOLD CO which pays $69,770 per year or $34 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Mgb Engineering Company?
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 Mgb Engineering Company for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Mgb Engineering Company offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Mgb Engineering Company, 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 Mgb Engineering Company?
Most companies, likely including Mgb Engineering Company, 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.