Palatek Inc Salary

As of August 2026, the average annual salary for employees at Palatek Inc in the United States is $86,905. This translates to an approximate hourly wage of $42. Salaries at Palatek Inc typically range from $76,543 to $98,063 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Palatek Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Palatek Inc. Based on our data, the highest paying job is the Product Design Engineer, with an annual salary of $63,328. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Palatek Inc

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

Is Palatek Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Palatek 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
NASCENTechnology $78,867
-9.2%
Typical compensation structure for smaller regional agencies like NASCENTechnology.
Staton Techiya LLC $87,348
+0.5%
Indicates identical technical requirements and experience levels between the two firms.
Dodds Memorials $86,536
-0.4%
Suggests Dodds Memorials utilizes a highly similar base-plus-benefits compensation model.
GM Monarch West LLC $89,384
+2.9%
Confirms GM Monarch West LLC is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+40.1%
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.

Employee Reviews: Working at Palatek Inc

Considering a career at Palatek 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.
Working here has taught me discipline and consistency. Managers keep lines of communication open, and hard work doesn’t go unnoticed. You feel included and updated on changes. The company's focus on sustainable manufacturing practices adds purpose to our daily work.
What I appreciate most is the company's focus on continuous improvement - employee ideas regularly lead to process optimizations. The company emphasizes continuous improvement, both in processes and people. The work environment is professional but sometimes bureaucratic and resistant to change. Team members are friendly, and the plant floor is well-organized. While benefits and job security are ad...
Recognition programs celebrate hard work regularly. Repetitive tasks, but manageable pace. Our facility is one of the cleanest I’ve seen in the industry. Equipment is well-maintained, and expectations are clear. It’s a great place to grow in the manufacturing industry.

Palatek Inc Overview

Website
www.palatek.com
Founded In
1994
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3501 W Dunes Hwy # Us12 Michigan City Indiana IN 46360
Revenue
$5 Million - $10 Million
Phone Number
+1 2198742497
Social Media
About Palatek Inc
Palatek Inc is a company that operates in the Machinery industry. It employs 11-20 people and has $5M-$10M of revenue. The company is headquartered in Michigan City, Indiana.

What Benefits Does Palatek Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Palatek 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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How Much Should You Be Earning?

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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 Palatek Inc.
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 Palatek Inc, 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 Palatek Inc 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 Palatek Inc

1. What is the average salary for employees at Palatek Inc?

The average annual total compensation for employees at Palatek Inc is approximately $86,905. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,543 to $98,063, depending on factors like job role, experience, and location.

2. How much does Palatek Inc pay compared to NASCENTechnology?

The average annual salary at Palatek Inc is $86,905, or an hourly wage of $42, in comparison to NASCENTechnology which pays $78,867 per year or $38 per hour.

3. What is the lowest salary at Palatek Inc?

The lowest-paying job at Palatek Inc is a Product Support with a salary of $38,066 per year. 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 Palatek Inc?

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 Palatek Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Palatek Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Palatek Inc, 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 Palatek Inc?

Most companies, likely including Palatek Inc, 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.