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OTTO Engineering Inc Salary

OTTO Engineering Inc Salary

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As of September 2026, the average hourly salary for employees at OTTO Engineering Inc in the United States is $51. This translates to an approximate annual wage of $105,934. Salaries at OTTO Engineering Inc typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company.
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Is OTTO Engineering Inc’s Pay Competitive? Salary Benchmarking Analysis

How does OTTO Engineering 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
Component Repair Technologies Inc $49
-4.3%
Component Repair Technologies Inc focuses strategically on recruiting and training entry-level apprentices.
Viaflex $44
-13.9%
Viaflex may offer non-monetary perks in lieu of competitive base salaries.
Stiles Machinery Inc $48
-5.2%
Stiles Machinery Inc operates with a leaner overhead structure, impacting base wage offers.
Ohmite Manufacturing Co $52
+1.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $59
+14.9%
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 OTTO Engineering Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at OTTO Engineering Inc

Considering a career at OTTO Engineering 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.
Not much socializing, which works for those who prefer a task-oriented workplace with minimal distractions. The company maintains a culture of safety, quality, and efficiency, supported by modern technology and equipment. It's refreshing to work for a manufacturer that balances productivity demands with genuine concern for employee wellbeing.
Commented in April 23, 2025
45
1
The company uses modern machinery and technology, improving productivity and job satisfaction. They combine a strong commitment to producing quality products with an equally strong commitment to their employees' well-being and development. Performance expectations are fair, but the pace can drag during seasons. Daily tasks are manageable, and the environment is clean. The emphasis on lean manufact...
Commented in February 17, 2025
25
0
It suits employees who value routine and predictability over rapid change. The plant floor is organized and clean, and all departments collaborate to meet production goals. Working here has been a positive experience from the start. The career growth opportunities are outstanding. It's a strong, dependable environment for anyone interested in stable, hands-on manufacturing work with growth opportu...
Commented in June 25, 2024
18
2
This has been one of the best companies I’ve worked for in manufacturing. Opportunities for advancement and strong leadership make work enjoyable. This ethical approach resonates with many employees and adds to our pride in the organization.
Commented in February 11, 2024
11
2

OTTO Engineering Inc Overview

Website
www.ottoexcellence.com
Founded In
1961
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
2 E Main St Carpentersville Illinois IL 60110
Revenue
$50 Million - $200 Million
Phone Number
+1 8474287171
Social Media
About OTTO Engineering Inc
Founded in 1961, OTTO Engineering designs and manufactures electro-mechanical switches, grips, hall effect controls, joysticks, and communications accessories for the two-way radio market. Their customers include the federal government and other international military. Headquarters is located in Carpentersville, IL.

What Benefits Does OTTO Engineering Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. OTTO Engineering 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 Elgin?

Understanding the cost of living near Elgin is key to truly evaluating a salary offer or your current compensation at OTTO Engineering Inc.
Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). NW Chicago suburb, more affordable housing. Pace bus, Metra rail. When planning your budget based on a salary from OTTO Engineering Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,650+ A significant portion of OTTO Engineering Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,400 - $3,780+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of OTTO Engineering Inc

1. How much does an OTTO Engineering Inc employee make?

OTTO Engineering Inc pays its employees an average of $51 per hour. The average salary at OTTO Engineering Inc range from $45 to $58 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 OTTO Engineering Inc?

The salary at OTTO Engineering Inc is higher than the similar company. The average annual salary at OTTO Engineering Inc is $105,934, or an hourly wage of $51, in comparison to Component Repair Technologies Inc which pays $101,335 per year or $49 per hour.

3. How much does a President typically earn at OTTO Engineering Inc?

A President at OTTO Engineering Inc typically earns an average hourly base salary of around $394, with a general range of $302 to $497.

4. Do employees with advanced degrees (Master's, PhD) earn more at OTTO Engineering Inc?

In many roles at OTTO Engineering 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 Elgin affect the perceived value of a OTTO Engineering Inc salary?

Elgin's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 3.7% more than IL average). This significantly impacts the purchasing power of a salary from OTTO Engineering Inc based there. Our "Cost of Living Insights for Elgin" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does OTTO Engineering Inc typically offer employees?

OTTO Engineering 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 OTTO Engineering Inc" section on this page.

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