Spencer Products Co Salary

As of October 2026, the average hourly salary for employees at Spencer Products Co in the United States is $44. This translates to an approximate annual wage of $91,662. Salaries at Spencer Products Co typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Is Spencer Products Co’s Pay Competitive? Salary Benchmarking Analysis

How does Spencer Products Co'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
Ozark Mountain Propane Co $39
-11.7%
Ozark Mountain Propane Co operates with a leaner overhead structure, impacting base wage offers.
A2 Zinc Fasteners LLC $44
-0.2%
Confirms A2 Zinc Fasteners LLC is a direct competitor vying for the exact same talent pool.
pages ACF Components Fasteners Inc $54
+23.1%
Reflects a supply-demand imbalance for the specific talent pages ACF Components Fasteners Inc targets.
Worldwide Fasteners Inc $48
+9.5%
Reflects structural premiums typical of Worldwide Fasteners Inc's large-cap national operations.
Retail & Wholesale Industry $60
+34.5%
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 Spencer Products Co

Considering a career at Spencer Products Co? 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 work-life balance is excellent, and management is fair. The leadership is transparent, and communication flows well across departments. The company provides clear career paths, which is motivating. Fast-paced but fair. A no-drama workplace.
I’ve gained valuable skills here, and the benefits are competitive. The company invests in employee training, and promotions are fair. The leadership is forward-thinking, making it an exciting place to work. The Retail & Wholesale industry can be challenging, but this company makes it a supportive environment.
Flexible scheduling is a plus, and the company supports a healthy work-life balance. The management is okay, and the workload is reasonable. The company maintains a professional atmosphere with reasonable expectations.
The work is consistent, and the team is cooperative. Always learning something new. The work environment is energetic, and colleagues are supportive. The management team is transparent about company goals, which helps with alignment. There’s always something new to learn, and the leadership team encourages innovation. The company culture is inclusive, and there are regular team-building activities...
The benefits are standard, and the work is predictable. The leadership team is approachable, and they encourage skill development. Good benefits and fair pay. The breakroom amenities are a nice touch, and colleagues are supportive. The management team is approachable and encourages open communication.

Spencer Products Co Overview

Website
www.spencerprodco.com
Founded In
1952
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
1859 Summit Commerce Park Twinsburg Ohio OH 44087
Revenue
$5 Million - $10 Million
Phone Number
+1 3304875200
Social Media
About Spencer Products Co
Since 1952, Spencer Products Company has been a family-owned fastener distributor, OEM supplier, and fastener distributor in Twinsburg, OH. Throughout these past six decades, our company has only continued to grow to meet the needs of all of our different customers located throughout the country. Now with six locations to better serve our clients, our company has become an expret in OEM part suppl

What Benefits Does Spencer Products Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spencer Products Co 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Spencer Products Co.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Spencer Products Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Spencer Products Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spencer Products Co

1. How much does Spencer Products Co in the United States pay?

Spencer Products Co pays its employees an average of $44 per hour. The average salary at Spencer Products Co range from $39 to $50 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 Spencer Products Co employees get a higher salary than its peer company?

The salary at Spencer Products Co is higher than its peer company. The average annual salary at Spencer Products Co is $91,662, or an hourly wage of $44, in comparison to Ozark Mountain Propane Co which pays $80,935 per year or $39 per hour.

3. What are the highest paying jobs at Spencer Products Co?

The higher-paying job at Spencer Products Co, according to our data, include President (avg. $341 per hour), Controller (avg. $102 per hour), and Vice President, Sales (avg. $97 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Spencer Products Co?

Salary progression with years of experience at Spencer Products Co 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 Spencer Products Co vary by office location?

Yes, it's very likely that salaries at Spencer Products Co 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 Cleveland section provides more context.

6. Does Spencer Products Co offer good benefits?

Spencer Products Co 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 Spencer Products Co" section on this page.