Placon Salary

Placon Salary

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As of August 2026, the average hourly salary for employees at Placon in the United States is $49. This translates to an approximate annual wage of $102,400. Salaries at Placon typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Placon

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

Is Placon’s Pay Competitive? Salary Benchmarking Analysis

How does Placon'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
Amphenol Printed Circuits $55
+12.7%
Adjusted for higher cost-of-living indices in Amphenol Printed Circuits's primary metro hubs.
American Poly Foam Co Inc $61
+23.9%
Driven by niche technical certifications required for American Poly Foam Co Inc's specialized projects.
Greenville Technology Inc $49
-0.6%
Indicates identical technical requirements and experience levels between the two firms.
Plastic Industries Inc $54
+10.6%
Supported by Plastic Industries Inc's high-margin contracts allowing higher overhead.
MFG Durable Industry $59
+18.9%
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 Placon and Their Hourly Pay Rates

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

Employee Reviews: Working at Placon

Considering a career at Placon? 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.
Skilled technicians handle machinery expertly and efficiently. Flexibility in shifts depends on management, leading to mixed experiences. There’s also a strong sense of camaraderie—you’re not just a number here. Management encourages professional growth and offers frequent training programs.
Commented in May 21, 2025
48
1
I feel respected and valued. It’s also a very safe workplace, with regular audits and improvements. Training programs enhance technical and leadership skills. Employee facility runs like a well-oiled machine thanks to strong leadership and engaged workers. Career advancement opportunities are available. New ideas are welcomed by leadership. The production floor is organized, clean, and safety-focu...
Commented in April 27, 2025
33
1
Modern machinery increases production speed and quality. Reliable schedule and stable job security. It’s not the most inspiring place to work, but it is dependable.
Commented in March 24, 2025
14
2
Management is fair and genuinely interested in our well-being, making it a rewarding place to build a career. The work environment is supportive, with colleagues always ready to lend a hand. My role has given me new skills and confidence in my abilities.
Commented in May 16, 2024
18
2
Benefits are standard, and leadership changes occasionally disrupt workflow. There’s very little team engagement, and most employees keep to themselves. What impresses me most is how the company invests in employee development - from technical certifications to leadership training programs.
Commented in March 04, 2024
19
1

Placon Overview

Website
www.placon.com
Founded In
1966
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
6096 Mckee Rd Madison Wisconsin WI 53719
Revenue
$50 Million - $200 Million
Phone Number
+1 8005411535
Social Media
About Placon
Established in 1966, Placon is a North American designer and manufacturer of custom and stock thermoformed plastic packaging. Placon provides packaging solutions for the retail, grocery, and medical industries. Placon is headquartered in Madison, Wisconsin.

What Benefits Does Placon Offer Beyond Salary?

A competitive compensation package is more than just a salary. Placon 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 Madison?

Understanding the cost of living near Madison is key to truly evaluating a salary offer or your current compensation at Placon.
Madison's Cost of Living Index is approximately 100.8 (0.8% more expensive than US average; 6.3% more than WI average). State capital (Univ. of WI), desirable, housing costs near US avg. Metro Transit. When planning your budget based on a salary from Placon, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Placon salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (Metro monthly pass, free for UW) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,575 - $3,945+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Placon

1. How much does Placon in the United States pay?

Placon pays its employees an average of $49 per hour. The average salary at Placon range from $43 to $56 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. Do Placon employees get a higher salary than its peer company?

The salary at Placon is lesser than its peer company. The average annual salary at Placon is $102,400, or an hourly wage of $49, in comparison to Amphenol Printed Circuits which pays $115,416 per year or $55 per hour.

3. What are the highest paying jobs at Placon?

The higher-paying job at Placon, according to our data, include Chief Financial Officer (avg. $199 per hour), Senior Sales Executive (avg. $130 per hour), and Vice President, Human Resources (avg. $126 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Placon?

Salary progression with years of experience at Placon is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Placon vary by office location?

Yes, it's very likely that salaries at Placon vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Madison section provides more context.

6. Does Placon offer good benefits?

Placon typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Placon" section on this page.

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