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RINGSPANN GmbH Salary

RINGSPANN GmbH Salary

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As of September 2026, the average hourly salary for employees at RINGSPANN GmbH in the United States is $51. This translates to an approximate annual wage of $106,936. Salaries at RINGSPANN GmbH typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company.
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Is RINGSPANN GmbH’s Pay Competitive? Salary Benchmarking Analysis

How does RINGSPANN GmbH'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
TimberTech Ltd $51
-0.6%
Indicates identical technical requirements and experience levels between the two firms.
Soudronic Ltd $56
+8.0%
Adjusted for higher cost-of-living indices in Soudronic Ltd's primary metro hubs.
Vileda Ibérica SA $51
-1.7%
Suggests Vileda Ibérica SA utilizes a highly similar base-plus-benefits compensation model.
Allied-Locke Industries Inc $47
-8.7%
Allied-Locke Industries Inc operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $59
+13.8%
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.

Companies Similar to RINGSPANN GmbH and Their Hourly Pay Rates

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

Employee Reviews: Working at RINGSPANN GmbH

Considering a career at RINGSPANN GmbH? 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.
The validation documentation exceeded FDA audit requirements. Management is supportive and invests in employee training and well-being. They offer numerous opportunities for skill enhancement and career progression, actively promoting from within. Advancement takes time and persistence. Operations are mostly smooth, but occasional bottlenecks occur.
Commented in May 31, 2025
36
2
This is a stable workplace with consistent hours. I like the routine and structure of the day. Management recognizes hard work, and training is thorough. There's a clear chain of command, and everyone knows what’s expected. The company takes pride in its product, and it shows in every detail. I’m constantly impressed by our commitment to quality.
Commented in November 19, 2024
42
2
Communication from leadership is polite but often limited to essential updates. It’s easy to raise concerns or ask questions without fear, which really builds trust and confidence. The team is collaborative, and there’s a shared commitment to efficiency and quality.
Commented in March 04, 2024
26
0

RINGSPANN GmbH Overview

Website
www.ringspanncorp.com
Founded In
1944
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
10550 Anderson Pl Franklin Park Illinois IL 60131
Revenue
$10 Million - $50 Million
Phone Number
+1 8476783581
Social Media
About RINGSPANN GmbH
RINGSPANN Workholding (Div. of Ringspann GmbH) has been developing and manufacturing Precision Clamping Fixtures for #workholding applications for over 70 years. Over the past decades we have realized thousands of applications and numerous technically sophisticated solutions across the globe.RINGSPANN specialized in clamping and centering on cylindrical internal and external surfaces. Typical comp

What Benefits Does RINGSPANN GmbH Offer Beyond Salary?

A competitive compensation package is more than just a salary. RINGSPANN GmbH 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 RINGSPANN GmbH.
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 RINGSPANN GmbH, 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 RINGSPANN GmbH 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 RINGSPANN GmbH

1. What is the average salary for employees at RINGSPANN GmbH?

The average total compensation for employees at RINGSPANN GmbH is approximately $51 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $45 to $58 per hour, depending on factors like job role, experience, and location.

2. How much does RINGSPANN GmbH pay compared to TimberTech Ltd?

The average annual salary at RINGSPANN GmbH is $106,936, or an hourly wage of $51, in comparison to TimberTech Ltd which pays $106,250 per year or $51 per hour.

3. How does having a professional certification impact salary for relevant roles at RINGSPANN GmbH?

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

4. Does RINGSPANN GmbH offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially RINGSPANN GmbH, 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.

5. What's the typical process for salary reviews and raises at RINGSPANN GmbH?

Most companies, likely including RINGSPANN GmbH, 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.

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