Okay Industries Inc Salary

Okay Industries Inc Salary

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As of August 2026, the average hourly salary for employees at Okay Industries Inc in the United States is $52. This translates to an approximate annual wage of $109,172. Salaries at Okay Industries Inc typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Okay Industries Inc

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

Is Okay Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Okay Industries 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
Rajasthan Electronics & Instruments Ltd $49
-7.5%
Normalized for lower cost-of-living zones where Rajasthan Electronics & Instruments Ltd primarily operates.
Heartland Companies LLC $47
-11.3%
Heartland Companies LLC operates with a leaner overhead structure, impacting base wage offers.
Walpole Woodworkers Inc $53
+0.2%
Confirms Walpole Woodworkers Inc is a direct competitor vying for the exact same talent pool.
Macro Polymers Na LLC $51
-2.7%
Suggests Macro Polymers Na LLC utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $59
+11.5%
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 Okay Industries Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Okay Industries Inc

Considering a career at Okay Industries 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.
Commitment to deadlines consistently meets customer expectations. The company values craftsmanship and ensures products are made to the highest standard every time. Managers listen and act on feedback. It’s a solid job where you feel like a valuable part of the team.
Commented in May 26, 2025
13
3
Supportive management and a strong sense of teamwork make this a great place to grow. Career advancement opportunities are present. Communication from management is generally clear but occasionally delayed. The culture is professional but somewhat rigid and bureaucratic.
Commented in January 25, 2025
32
0
You know what to expect, and policies are applied evenly. Operations are mostly smooth, but occasional bottlenecks occur. The tasks are repetitive, but manageable. Work-life balance is surprisingly good. Production output is steady. Career growth opportunities are abundant, with clear paths from production roles to management.
Commented in January 20, 2025
37
0
If you value routine and simplicity, you’ll be comfortable here. Shift schedules vary and sometimes cause fatigue. A decent, routine manufacturing environment. The benefits package includes health insurance, retirement plans, and wellness initiatives.
Commented in June 22, 2024
47
1
Workers are trained, heard, and respected. Management values employee input and actively supports training and professional growth initiatives. Truly values its workforce, evident in its comprehensive benefits package and competitive compensation. Team meetings are productive and keep everyone informed. Our facility runs smoothly with minimal downtime, and employee feedback is regularly considered...
Commented in January 06, 2024
44
1

Okay Industries Inc Overview

Website
www.okayind.com
Founded In
1911
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
200 Ellis St New Britain Connecticut CT 06051
Revenue
$10 Million - $50 Million
Phone Number
+1 8602258707
Social Media
About Okay Industries Inc
OKAY Industries, Inc. engineers and manufactures highly complex components and assemblies for OEMs in medical and industrial markets. The Company is a market leader in CNC machining; metal stamping; laser swiss machining; laser tube cutting, welding and marking; design engineering; and supply-chain management. Founded in 1911, the Company is headquartered in New Britain, Connecticut, USA, and has

What Benefits Does Okay Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Okay Industries 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 New Britain?

Understanding the cost of living near New Britain is key to truly evaluating a salary offer or your current compensation at Okay Industries Inc.
New Britain's Cost of Living Index is approximately 97.1 (2.9% less expensive than US average; 9.8% less than CT average). 'Hardware City', affordable housing. CTtransit, CTfastrak. When planning your budget based on a salary from Okay Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,050 - $1,550+ A significant portion of Okay Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $63 (CTtransit 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,353 - $3,703+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Okay Industries Inc

1. What is the typical salary range (low to high) for most roles at Okay Industries Inc?

The typical salary range for most roles at Okay Industries Inc is approximately from $46 to $59 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. How much does Okay Industries Inc pay compared to Rajasthan Electronics & Instruments Ltd?

The average annual salary at Okay Industries Inc is $109,172, or an hourly wage of $52, in comparison to Rajasthan Electronics & Instruments Ltd which pays $100,997 per year or $49 per hour.

3. Do salaries differ significantly between departments at Okay Industries Inc?

Yes, salaries often differ between departments at Okay Industries Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Okay Industries Inc?

Experience level is a significant factor in determining salary at Okay Industries Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Okay Industries Inc in New Britain is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Okay Industries Inc?

Several key factors influence salary levels at Okay Industries Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Okay Industries Inc likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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