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Spencer Industries Inc Salary

Spencer Industries Inc Salary

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As of August 2026, the average hourly salary for employees at Spencer Industries Inc in the United States is $46. This translates to an approximate annual wage of $95,407. Salaries at Spencer Industries Inc typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.
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Is Spencer Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Spencer Industries 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
Vignal Lighting Group $47
+2.0%
Suggests Vignal Lighting Group utilizes a highly similar base-plus-benefits compensation model.
Amtel South Inc $46
+0.8%
Indicates identical technical requirements and experience levels between the two firms.
TASUS Corp $46
-0.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Ameri-Kart Corp $46
+1.4%
Confirms Ameri-Kart Corp is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $59
+27.6%
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 Spencer Industries Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Spencer Industries Inc

Considering a career at Spencer Industries 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.
Opportunities for advancement are clearly communicated. Supervisors are polite but rarely offer praise. Training programs are comprehensive, covering both technical skills and leadership development.
Commented in March 16, 2025
11
0
Training is comprehensive, and cross-department collaboration is strong. Communication flows adequately but could be more frequent and transparent. Operations are mostly smooth, but occasional bottlenecks occur. The culture emphasizes professionalism to adapt to change, occasionally causing frustration.
Commented in March 12, 2025
40
1
This manufacturing firm provides stable employment and reasonable benefits. Cross-training opportunities help keep the job interesting and develop new skills. This forward-thinking approach, keeps us competitive and at the forefront of the global market. Flexible shifts accommodate project demands smoothly. Processes are well-documented, and improvements are welcomed. Consistent processes, minimal...
Commented in January 03, 2025
26
1
Communication from leadership is formal. Working here has been a positive experience from the start. There's a clear focus on continuous learning and maintaining high safety standards, which makes it a great place to develop professionally and feel secure. The culture here is based on respect, productivity, and teamwork.
Commented in July 19, 2024
50
3
Training is comprehensive, covering technical skills and leadership development. The culture promotes accountability and efficiency, and it's great knowing your contributions matter. This manufacturing company stands out for its progressive approach to industrial work.
Commented in January 15, 2024
37
2

Spencer Industries Inc Overview

Website
www.spencerindustries.com
Founded In
1981
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
902 Buffaloville Rd Dale Indiana IN 47523
Revenue
$50 Million - $200 Million
Phone Number
+1 8129374561
Social Media
About Spencer Industries Inc
Spencer Industries, Inc. headquartered in Dale Indiana, manufactures thermo-formed heavy gauge plastic products. The Company offers high esthetic detailed pressure formed parts, vacuum formed parts, twin sheet thermo-formed products, and custom plastic products, as well as provides secondary processing and trimming services.

What Benefits Does Spencer Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spencer Industries 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 Evansville?

Understanding the cost of living near Evansville is key to truly evaluating a salary offer or your current compensation at Spencer Industries Inc.
Evansville's Cost of Living Index is approximately 78.8 (21.2% less expensive than US average; 13.0% less than IN average). SW IN Ohio River city, affordable housing. METS bus. When planning your budget based on a salary from Spencer Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Spencer Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (METS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,865 - $3,075+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spencer Industries Inc

1. How much does a Spencer Industries Inc employee make?

Spencer Industries Inc pays its employees an average of $46 per hour. The average salary at Spencer Industries Inc range from $40 to $52 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. Which similar company tend to pay more or less than Spencer Industries Inc?

The salary at Spencer Industries Inc is lesser than the similar company. The average annual salary at Spencer Industries Inc is $95,407, or an hourly wage of $46, in comparison to Vignal Lighting Group which pays $97,274 per year or $47 per hour.

3. How much does a President typically earn at Spencer Industries Inc?

A President at Spencer Industries Inc typically earns an average hourly base salary of around $355, with a general range of $272 to $447.

4. Do employees with advanced degrees (Master's, PhD) earn more at Spencer Industries Inc?

In many roles at Spencer Industries 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.

5. How does the cost of living near Evansville affect the perceived value of a Spencer Industries Inc salary?

Evansville's Cost of Living Index is approximately 78.8 (21.2% less expensive than US average; 13.0% less than IN average). This significantly impacts the purchasing power of a salary from Spencer Industries Inc based there. Our "Cost of Living Insights for Evansville" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Spencer Industries Inc typically offer employees?

Spencer Industries 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 Spencer Industries Inc" section on this page.

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