Salary AI Book a Demo
Modern Forge Companies LLC Salary

Modern Forge Companies LLC Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average hourly salary for employees at Modern Forge Companies LLC in the United States is $54. This translates to an approximate annual wage of $111,830. Salaries at Modern Forge Companies LLC typically range from $47 to $61 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Is Modern Forge Companies LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Modern Forge Companies 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
T/CCI Manufacturing LLC $46
-13.8%
Normalized for lower cost-of-living zones where T/CCI Manufacturing LLC primarily operates.
Dmg Mori Usa $54
-0.3%
Suggests Dmg Mori Usa utilizes a highly similar base-plus-benefits compensation model.
Pneumatic Scale Corp $49
-9.3%
Pneumatic Scale Corp focuses strategically on recruiting and training entry-level apprentices.
Sea Ray Corp $47
-13.1%
Sea Ray Corp may offer non-monetary perks in lieu of competitive base salaries.
MFG Durable Industry $59
+8.9%
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 Forge Companies LLC and Their Hourly Pay Rates

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

Employee Reviews: Working at Modern Forge Companies LLC

Considering a career at Modern Forge Companies 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.
They don’t just sit in offices — they walk the floor and check in regularly. There are real opportunities for growth here. Workplace environment is professional but occasionally rigid. Excellent safety protocols and good training opportunities for new employees.
Commented in March 17, 2025
14
1
There's a real sense of community and mutual support among colleagues. Pay is fair, and hours are reliable. Safety is prioritized, with protocols consistently enforced. You know what to expect, and policies are applied evenly. Managers are quick to support and recognize progress. It’s a place where you can truly build a long-term career and feel secure in your role. Moreover, there's a strong cult...
Commented in November 05, 2024
50
0
there's always someone to learn from in our skilled workforce. It’s easy to raise concerns or ask questions without fear, which really builds trust and confidence. It feels good to work for an organization that gives back and cares about more than just the bottom line, creating a sense of broader social responsibility. This manufacturing firm offers consistent job security and reasonable benefits.
Commented in March 28, 2024
21
1

Modern Forge Companies LLC Overview

Website
www.moderngroupusa.com
Founded In
Data pending, update soon.
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
13810 Western Ave Blue Island Illinois IL 60406
Revenue
$50 Million - $200 Million
Phone Number
+1 7083881806
Social Media
About Modern Forge Companies LLC
Established in 1914, Modern Forge Companies is a manufacturer of forgings and finished components from carbon, alloy, stainless, and tool steel. They are based in Blue Island, Illinois.

What Benefits Does Modern Forge Companies LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Modern Forge Companies 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)
Work at Modern Forge Companies LLC?
Share your experience
How Much Should You Be Earning?

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

Get estimated pay range See more details
illustration

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 Modern Forge Companies LLC.
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 Modern Forge Companies LLC, 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 Modern Forge Companies LLC 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 Modern Forge Companies LLC

1. What is the average salary for employees at Modern Forge Companies LLC?

The average total compensation for employees at Modern Forge Companies LLC is approximately $54 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $47 to $61 per hour, depending on factors like job role, experience, and location.

2. How much does Modern Forge Companies LLC pay compared to T/CCI Manufacturing LLC?

The average annual salary at Modern Forge Companies LLC is $111,830, or an hourly wage of $54, in comparison to T/CCI Manufacturing LLC which pays $96,356 per year or $46 per hour.

3. What is the lowest salary at Modern Forge Companies LLC?

The lowest-paying job at Modern Forge Companies LLC is a Regional Sales Manager with a salary of $62 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Modern Forge Companies LLC?

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 Modern Forge Companies LLC for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Modern Forge Companies LLC offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Modern Forge Companies LLC, 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.

6. What's the typical process for salary reviews and raises at Modern Forge Companies LLC?

Most companies, likely including Modern Forge Companies LLC, 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