Peters Machine Inc Salary

As of August 2026, the average annual salary for employees at Peters Machine Inc in the United States is $80,217. This translates to an approximate hourly wage of $39. Salaries at Peters Machine Inc typically range from $70,651 to $90,515 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Peters Machine Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Peters Machine Inc. Based on our data, the highest paying job is the President, with an annual salary of $620,954. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Peters Machine Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Peters Machine 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
AlphaRex $98,845
+23.2%
Driven by niche technical certifications required for AlphaRex's specialized projects.
BitcoinLightning.com $111,229
+38.7%
Adjusted for higher cost-of-living indices in BitcoinLightning.com's primary metro hubs.
Phoenix Metalcraft Inc $87,833
+9.5%
Supported by Phoenix Metalcraft Inc's high-margin contracts allowing higher overhead.
Coocen & Son Co. Inc $85,956
+7.2%
Data suggests Coocen & Son Co. Inc's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+51.8%
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 Peters Machine Inc

Considering a career at Peters Machine 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.
A very professional and organized company with a clear mission and reliable leadership. Managers treat employees with professionalism and respect. Facilities are clean, organized and equipped with state-of-the-art machinery. Management is friendly but often implement changes. Coworkers are fine, and it is somehow especially engaging.
It’s a solid option for those seeking stability without too much pressure or involvement. Safety standards are followed, and deadlines are realistic. There’s a real sense of pride in our work. Everyone, from the production line to management, is dedicated to producing the best possible products. Productivity and morale remain high. It's inspiring to be part of an organization that values both oper...
There's not a lot of engagement beyond daily tasks, and opportunities for feedback are rare. Management is fair and genuinely interested in our well-being, making it a rewarding place to build a career. It’s also a very safe workplace, with regular audits and improvements. The work itself is repetitive, but expectations are clear. On the upside, the job is low-stress, and the hours are steady.

Peters Machine Inc Overview

Website
www.petersmachine.com
Founded In
1979
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
3765 N Westlawn Ave Decatur Illinois IL 62526
Revenue
<$5 Million
Phone Number
+1 2178752578
Social Media
About Peters Machine Inc
Peters Machine, Inc. has been in business for 36 years and has been specializing in machining and drilling tube sheets and baffles for over 20 years. We have experience with many different materials which include aluminum, carbon steels, stainless steels, Alloy 200, 400, and 625, Hastelloy, Titanium, and explosion clad bonded materials. Peters Machine, Inc. is a service provider to assemblers, fab

What Benefits Does Peters Machine Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Peters Machine 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 Springfield?

Understanding the cost of living near Springfield is key to truly evaluating a salary offer or your current compensation at Peters Machine Inc.
Springfield's Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.4% less than IL average). State capital, historic (Lincoln), very affordable housing. SMTD bus. When planning your budget based on a salary from Peters Machine Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Peters Machine Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SMTD monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,970 - $3,180+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Peters Machine Inc

1. How much does a Peters Machine Inc employee make?

Peters Machine Inc pays its employees an average of $80,217 per year. The average salary at Peters Machine Inc range from $70,651 to $90,515 per year. 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 Peters Machine Inc?

The salary at Peters Machine Inc is lesser than the similar company. The average annual salary at Peters Machine Inc is $80,217, or an hourly wage of $39, in comparison to AlphaRex which pays $98,845 per year or $48 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Peters Machine Inc?

In many roles at Peters Machine 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.

4. How does the cost of living near Springfield affect the perceived value of a Peters Machine Inc salary?

Springfield's Cost of Living Index is approximately 80.3 (19.7% less expensive than US average; 14.4% less than IL average). This significantly impacts the purchasing power of a salary from Peters Machine Inc based there. Our "Cost of Living Insights for Springfield" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Peters Machine Inc typically offer employees?

Peters Machine 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 Peters Machine Inc" section on this page.