Midaco Corp Salary

Midaco Corp Salary

Salaries

Job Openings

Overview

Reviews

Similar Company

FAQ

Recommended HR Topics
Compensation Planning Hot Insights on Your Competitors' PayNew Global Market Data New Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average hourly salary for employees at Midaco Corp in the United States is $38. This translates to an approximate annual wage of $79,430. Salaries at Midaco Corp typically range from $34 to $43 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Midaco Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Midaco Corp. 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

Ready for your next career move? Explore current job openings at Midaco Corp.
Loading results...

About Midaco Corp: Company Profile

Website
www.midaco-corp.com
Founded In
1969
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
ELK GROVE VILLAGE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MIDACO CORP
Since 1969, MIDACO has been a leading manufacturer of quality products which increase productivity for machining companies worldwide. We strive to be the premier innovator in the designing and manufacturing of Automatic and Manual Pallet Change Systems, Automatic Door Openers and other accessories for the machining industry. MIDACO products improve efficiency in all aspects of manufacturing includ

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Midaco Corp's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Management is transparent and communicates effectively with the employees. Seeing our products ship to satisfied customers worldwide makes every day rewarding. It’s a good starting point, not a long-term goal. Employees are encouraged to participate in continuous improvement programs and cross-functional training. This blend of respecting seasoned knowledge and embracing fresh perspectives creates...
Commented in February 14, 2025
25
0
This company is dedicated to fostering a culture of collaboration and continuous learning. Team environment is great and communication is strong across departments. They also foster a great team dynamic where everyone pulls together. Reliable equipment reduces unexpected breakdowns and delays. There’s minimal stress if you follow procedures. Advancement exists, though it may take time.
Commented in September 25, 2024
9
3
You can tell the company invests in both technology and people, which keeps work efficient and safe. Career advancement opportunities are encouraged and supported. Clear communication from leadership fosters trust and transparency.
Commented in January 28, 2024
44
1

How Midaco Corp's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Midaco Corp’s pay competitiveness. Click on a company for a deeper dive.

Is Midaco Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Midaco Corp'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
MINI-FLEX $39
+2.3%
Suggests MINI-FLEX utilizes a highly similar base-plus-benefits compensation model.
MARLO MANUFACTURING CO INC $42
+8.9%
Adjusted for higher cost-of-living indices in MARLO MANUFACTURING CO INC's primary metro hubs.
OCONEE MACHINE $34
-10.6%
OCONEE MACHINE may offer non-monetary perks in lieu of competitive base salaries.
FERRY INDUSTRIES, INC. $35
-9.2%
FERRY INDUSTRIES, INC. likely leverages performance bonuses over the high base salary shown here.
MFG Durable Industry $59
+53.3%
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.

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 Midaco Corp.
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 Midaco Corp, 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 Midaco Corp 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 Midaco Corp

FAQ 1: What is the average salary for employees at Midaco Corp?
The average total compensation for employees at Midaco Corp 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 Midaco Corp pay compared to MINI-FLEX?
The average annual salary at Midaco Corp is $79,430, or an hourly wage of $38, in comparison to MINI-FLEX which pays $81,261 per year or $39 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Midaco Corp?
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 Midaco Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Midaco Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?
While some companies offer formal COLA, many, including potentially Midaco Corp, 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 Midaco Corp?
Most companies, likely including Midaco Corp, 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.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning