Where is Modern Bin located?

Modern Bin is headquartered in Savage, Minnesota, but may have operations in other locations within the Retail & Wholesale sector.

What industry is Modern Bin in?

Modern Bin operates in the Retail & Wholesale industry.

Modern Bin Hourly Pay Rate & Wages

Q: What does Modern Bin do?

According to the company's overview, Modern Bin the Material Handling Group was founded in 1947 and originally provided bins for the automotive industry.

Modern Bin Salary

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Salary at Modern Bin

Current Job Openings at Modern Bin

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Is Modern Bin’s Pay Competitive? Salary Benchmarking Analysis

How does Modern Bin'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
All Furniture Inc	$51	+0.3%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Coast Citrus Distributors Inc	$52	+2.6%	Confirms Coast Citrus Distributors Inc is a direct competitor vying for the exact same talent pool.
Kearny Pearson Ford	$52	+2.2%	Suggests Kearny Pearson Ford utilizes a highly similar base-plus-benefits compensation model.
Hyundai of Hampton	$45	-10.3%	Hyundai of Hampton operates with a leaner overhead structure, impacting base wage offers.
Retail & Wholesale Industry	$60	+17.4%	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 Modern Bin and Their Hourly Pay Rates

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

All Furniture Inc

$51 / hour

Salary Range: $44 - $57

Minneapolis, MN

Coast Citrus Distributors Inc

$52 / hour

Salary Range: $46 - $59

San Diego, CA

Kearny Pearson Ford

$52 / hour

Salary Range: $45 - $58

San Diego, CA

Hyundai of Hampton

$45 / hour

Salary Range: $40 - $51

Hampton, VA

Bay Cities Produce Inc

$57 / hour

Salary Range: $50 - $64

San Leandro, CA

Porter Trustin Carlson Co

$45 / hour

Salary Range: $40 - $51

Omaha, NE

TPC Wire & Cable Corp

$47 / hour

Salary Range: $41 - $53

Macedonia, OH

Ourisman Automotive Group

$52 / hour

Salary Range: $46 - $59

Waldorf, MD

The World Bachelor in Business

$53 / hour

Salary Range: $47 - $60

Los Angeles, CA

Employee Reviews: Working at Modern Bin

Considering a career at Modern Bin? 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.

The work culture is inclusive, and leadership is transparent. Great company with a strong reputation in retail. The retail sector can be demanding, but teamwork makes it manageable. The training programs have helped me develop valuable skills. The company’s size provides job security, and the corporate culture promotes teamwork.

Commented in March 14, 2025

The company offers a great work-life balance and flexible scheduling. Employee recognition programs are a nice touch. The company offers great growth opportunities, and the team culture is very collaborative. The retail perks are a bonus, and the team is fantastic to work with. I feel valued and motivated every day. Management is approachable, and the culture is positive. Not much turnover, which ...

Commented in June 29, 2024

The pay is competitive for the industry, and bonuses are a nice perk. Everyone works together to achieve goals, and management is supportive. The retail discounts are a nice perk too.

Commented in January 22, 2024

Modern Bin Overview

Website

www.modernbin.com

Founded In

1947

Employees

100 - 200 employees

Industry

Retail & Wholesale

Headquarter Address

5345 W 125th St Savage Minnesota MN 55378

Revenue

$10 Million - $50 Million

Phone Number

+1 9528959050

About Modern Bin

Modern Bin the Material Handling Group was founded in 1947 and originally provided bins for the automotive industry. Over the years, the company has evolved into one of the leading material handling and warehouse management firms in the Midwest . We are the primary provider of industrial lockers and custom racking and storage solutions to school districts, health clubs, and major medical manufactu

What Benefits Does Modern Bin Offer Beyond Salary?

A competitive compensation package is more than just a salary. Modern Bin 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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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Modern Bin.

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Modern Bin, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,400 - $2,100+	A significant portion of Modern Bin salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $230 (Heating significant)	Electricity, Heating, Cooling, Water etc.
Public Transportation	$120 (Metro Transit monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $630	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$390 - $720+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,920 - $4,480+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Modern Bin

1. What is the estimated average total compensation at Modern Bin?

Salary.com estimates that the average total compensation package at Modern Bin, which can include base salary, potential bonuses, and benefits, is around $50 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Modern Bin pay compared to All Furniture Inc?

The average annual salary at Modern Bin is $105,026, or an hourly wage of $50, in comparison to All Furniture Inc which pays $105,311 per year or $51 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Modern Bin?

Salary progression from an entry-level to a senior role at Modern Bin can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Modern Bin in Minneapolis is fair given the local cost of living?

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

5. Are promotions at Modern Bin usually accompanied by a significant salary increase?

Yes, promotions at Modern Bin are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.