Newtech Salary

Newtech Salary

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As of August 2026, the average hourly salary for employees at Newtech in the United States is $42. This translates to an approximate annual wage of $86,863. Salaries at Newtech typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Newtech

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Is Newtech’s Pay Competitive? Salary Benchmarking Analysis

How does Newtech'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
BEB Industrial Asset $43
+3.2%
Data suggests BEB Industrial Asset's workforce skews heavily towards veteran, high-tenure roles.
Roura Material Handling Inc $46
+10.8%
Reflects a supply-demand imbalance for the specific talent Roura Material Handling Inc targets.
PROFESSIONAL INSTRUMENTS Corp $51
+23.3%
Adjusted for higher cost-of-living indices in PROFESSIONAL INSTRUMENTS Corp's primary metro hubs.
Charly Dixon & Brad Roberts $41
-2.2%
Suggests Charly Dixon & Brad Roberts utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $59
+40.2%
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 Newtech and Their Hourly Pay Rates

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

Employee Reviews: Working at Newtech

Considering a career at Newtech? 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.
Career progression is possible but often dependent on seniority. The training programs are top-notch, helping employees develop valuable technical skills. The organization values innovation and continuous process improvement, encouraging employees to contribute ideas. Recognition programs keep motivation high. The teamwork at this manufacturing plant is exceptional.
Commented in April 03, 2025
27
1
The workplace culture is straightforward but may feel inflexible to some. There’s pride in doing high-quality work. If you're self-sufficient and like routine, it works well. Company provides tools and resources needed.
Commented in December 25, 2024
33
0
Those who show initiative and reliability are quickly noticed and rewarded. Workplace culture is professional but can feel formal or rigid. Safety isn't just a priority - it's ingrained in the culture at all levels.
Commented in December 02, 2024
21
3
This commitment creates a secure and supportive work environment, which is paramount in manufacturing. Coworkers are fine, and it is somehow especially engaging. The schedule is consistent and easy to plan around. A truly positive workplace. The competitive wages and comprehensive benefits package show how much the company values its workforce. Equipment functions well most of the time. Management...
Commented in November 03, 2024
31
2
Great company values and mission. Leadership cares about employees and works to create a safe and inclusive environment. Training is available and it is somehow tailored or frequent. The role provides consistent pay and predictable hours. The company maintains reasonable benefits and stable work but offers limited growth opportunities.
Commented in March 17, 2024
46
0

Newtech Overview

Website
www.ntlifts.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
4900 Schaefer Ct Bettendorf Iowa IA 52722
Revenue
$10 Million - $50 Million
Phone Number
+1 6303784300
Social Media
About Newtech
New - Tech Marketing Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Bettendorf, Iowa.

What Benefits Does Newtech Offer Beyond Salary?

A competitive compensation package is more than just a salary. Newtech 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 Davenport?

Understanding the cost of living near Davenport is key to truly evaluating a salary offer or your current compensation at Newtech.
Davenport's Cost of Living Index is approximately 78.3 (21.7% less expensive than US average; 13.0% less than IA average). Quad Cities area (IA/IL), very affordable housing. CitiBus. When planning your budget based on a salary from Newtech, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Newtech salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 (Seasonal swings) Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (CitiBus monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $330 - $620+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,840 - $3,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Newtech

1. How much does Newtech in the United States pay?

Newtech pays its employees an average of $42 per hour. The average salary at Newtech range from $37 to $47 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. Do Newtech employees get a higher salary than its peer company?

The salary at Newtech is lesser than its peer company. The average annual salary at Newtech is $86,863, or an hourly wage of $42, in comparison to BEB Industrial Asset which pays $89,679 per year or $43 per hour.

3. What are the highest paying jobs at Newtech?

The higher-paying job at Newtech, according to our data, include Sales Manager (avg. $51 per hour), Manager, Supply Chain & Logistics (avg. $48 per hour), and Manager, Operations (avg. $44 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Newtech?

Salary progression with years of experience at Newtech is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Newtech vary by office location?

Yes, it's very likely that salaries at Newtech vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Davenport section provides more context.

6. Does Newtech offer good benefits?

Newtech typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Newtech" section on this page.

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