New Jersey Precision Technologies Inc Salary

New Jersey Precision Technologies Inc Salary

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As of August 2026, the average hourly salary for employees at New Jersey Precision Technologies Inc in the United States is $51. This translates to an approximate annual wage of $105,364. Salaries at New Jersey Precision Technologies Inc typically range from $45 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at New Jersey Precision Technologies Inc

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

Is New Jersey Precision Technologies Inc’s Pay Competitive? Salary Benchmarking Analysis

How does New Jersey Precision Technologies Inc'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
Turnkey Manufacturing & Products Assembly $58
+13.5%
Supported by Turnkey Manufacturing & Products Assembly's high-margin contracts allowing higher overhead.
Future Mold Corp $43
-15.6%
Typical compensation structure for smaller regional agencies like Future Mold Corp.
Wilmington Precision Machining $43
-14.7%
Wilmington Precision Machining operates with a leaner overhead structure, impacting base wage offers.
Pyramid Mold & Tool $48
-4.8%
Normalized for lower cost-of-living zones where Pyramid Mold & Tool primarily operates.
MFG Durable Industry $59
+15.5%
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.

Companies Similar to New Jersey Precision Technologies Inc and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at New Jersey Precision Technologies Inc. Click a company name to learn more.

Employee Reviews: Working at New Jersey Precision Technologies Inc

Considering a career at New Jersey Precision Technologies Inc? 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.
Management is fair and consistent in their decisions. Teams collaborate well, and there’s a strong emphasis on keeping everything running efficiently. The training programs are exceptional, keeping us at the forefront of lean manufacturing and Industry 4. The company actively encourages internal promotions and invests in skill development programs, including apprenticeships and technical training.
Commented in May 29, 2025
22
2
Management supports training and career growth opportunities consistently. Production goals are challenging but fair, and there’s a real focus on hitting quality metrics. Schedules are predictable, and overtime opportunities are fair. Our ideas have made a real difference in production flow and safety protocols. Management is supportive, encouraging employees to develop new skills through ongoing ...
Commented in January 01, 2025
46
2
This resilience is a testament to the strong culture and teamwork cultivated within the company. Cross-training opportunities allow workers to develop diverse skills and enhance their careers. The work atmosphere is positive and collaborative, and management truly listens to suggestions for improvement.
Commented in August 14, 2024
46
2
Safety standards are good but could improve further. Good benefits and retirement options. Management follows protocol, but there’s limited innovation unless upper leadership initiates change. Good work-life balance with flexible scheduling options. Safe environment, realistic deadlines, and plenty of growth potential.
Commented in June 03, 2024
19
3
Daily goals are realistic, and workloads are evenly distributed. Recognition programs celebrate successes, boosting morale. The work environment is professional but sometimes bureaucratic and resistant to change.
Commented in February 17, 2024
31
2

New Jersey Precision Technologies Inc Overview

Website
www.njpt.com
Founded In
1989
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1081 Bristol Rd Mountainside New Jersey NJ 07092
Revenue
$10 Million - $50 Million
Phone Number
+1 8004093000
Social Media
About New Jersey Precision Technologies Inc
At New Jersey Precision Technologies, our mission is improving lives through manufacturing innovation. We are committed to becoming an integral part of your supply chain for medical device manufacturing by providing components with superior quality control and customer service from start to finish. As an ISO 13485 certified company, New Jersey Precision Technologies, Inc is qualified to manufactur

What Benefits Does New Jersey Precision Technologies Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. New Jersey Precision Technologies Inc 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 Union?

Understanding the cost of living near Union is key to truly evaluating a salary offer or your current compensation at New Jersey Precision Technologies Inc.
Union's Cost of Living Index is approximately 118.5 (18.5% more expensive than US average; 3.9% more than NJ average). Union County township (Kean Univ.), housing costs above US avg. NJ Transit. When planning your budget based on a salary from New Jersey Precision Technologies Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,500+ A significant portion of New Jersey Precision Technologies Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,130 - $4,890+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of New Jersey Precision Technologies Inc

1. How much does a New Jersey Precision Technologies Inc employee make?

New Jersey Precision Technologies Inc pays its employees an average of $51 per hour. The average salary at New Jersey Precision Technologies Inc range from $45 to $57 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than New Jersey Precision Technologies Inc?

The salary at New Jersey Precision Technologies Inc is lesser than the similar company. The average annual salary at New Jersey Precision Technologies Inc is $105,364, or an hourly wage of $51, in comparison to Turnkey Manufacturing & Products Assembly which pays $119,635 per year or $58 per hour.

3. How much does a President typically earn at New Jersey Precision Technologies Inc?

A President at New Jersey Precision Technologies Inc typically earns an average hourly base salary of around $392, with a general range of $300 to $494.

4. Do employees with advanced degrees (Master's, PhD) earn more at New Jersey Precision Technologies Inc?

In many roles at New Jersey Precision Technologies Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Union affect the perceived value of a New Jersey Precision Technologies Inc salary?

Union's Cost of Living Index is approximately 118.5 (18.5% more expensive than US average; 3.9% more than NJ average). This significantly impacts the purchasing power of a salary from New Jersey Precision Technologies Inc based there. Our "Cost of Living Insights for Union" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does New Jersey Precision Technologies Inc typically offer employees?

New Jersey Precision Technologies Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at New Jersey Precision Technologies Inc" section on this page.

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