Paramount Precision Products Salary

Paramount Precision Products Salary

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As of August 2026, the average hourly salary for employees at Paramount Precision Products in the United States is $45. This translates to an approximate annual wage of $92,959. Salaries at Paramount Precision Products typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Paramount Precision Products

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

Is Paramount Precision Products’s Pay Competitive? Salary Benchmarking Analysis

How does Paramount Precision Products'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
Superior Precision Products Inc $45
+0.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Mind Machine Co $53
+18.4%
Supported by Mind Machine Co's high-margin contracts allowing higher overhead.
Miretti Co $49
+10.2%
Adjusted for higher cost-of-living indices in Miretti Co's primary metro hubs.
NCM Supplies $44
-2.1%
Suggests NCM Supplies utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $59
+31.0%
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 Paramount Precision Products and Their Hourly Pay Rates

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

Employee Reviews: Working at Paramount Precision Products

Considering a career at Paramount Precision Products? 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.
They provide the tools and training needed to succeed and prioritize a safe working environment above all else. It makes coming to work enjoyable and productive. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs. The work here is routine and structured, which some may find comforting.
Commented in February 21, 2025
27
2
Management is approachable, though feedback loops. The skills development programs have helped many coworkers advance from entry-level to highly skilled positions. For a company they ensure everyone feels fairly rewarded for their hard work and dedication. You’re given responsibility and support at the same time. Benefits surpass industry standards, including health coverage and retirement plans. ...
Commented in November 10, 2024
17
1
The company’s onboarding is thorough, and team leaders are helpful and respectful. Knowing the long-term goals and how our work contributes to them is very motivating. Everyone knows their role and executes it well.
Commented in February 16, 2024
19
2

Paramount Precision Products Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
15255 W 11 Mile Rd Oak Park Michigan MI 48237
Revenue
<$5 Million
Phone Number
+1 2485432100
Social Media

What Benefits Does Paramount Precision Products Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paramount Precision Products 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Paramount Precision Products.
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 Paramount Precision Products, 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 Paramount Precision Products 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 Paramount Precision Products

1. What is the estimated average total compensation at Paramount Precision Products?

Salary.com estimates that the average total compensation package at Paramount Precision Products, which can include base salary, potential bonuses, and benefits, is around $45 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Paramount Precision Products pay compared to Superior Precision Products Inc?

The average annual salary at Paramount Precision Products is $92,959, or an hourly wage of $45, in comparison to Superior Precision Products Inc which pays $92,991 per year or $45 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Paramount Precision Products?

Salary progression from an entry-level to a senior role at Paramount Precision Products can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Paramount Precision Products in Chicago is fair given the local cost of living?

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

5. Are promotions at Paramount Precision Products usually accompanied by a significant salary increase?

Yes, promotions at Paramount Precision Products are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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