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Truform Equipment Inc Salary

Truform Equipment Inc Salary

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As of October 2026, the average annual salary for employees at Truform Equipment Inc in the United States is $91,715. This translates to an approximate hourly wage of $44. Salaries at Truform Equipment Inc typically range from $80,667 to $103,721 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Truform Equipment Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Truform Equipment Inc. Based on our data, the highest paying job is the President, with an annual salary of $709,953. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Truform Equipment Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Truform Equipment 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
Strings $85,945
-6.3%
Strings may offer non-monetary perks in lieu of competitive base salaries.
Drop-D Magazine $94,362
+2.9%
Suggests Drop-D Magazine utilizes a highly similar base-plus-benefits compensation model.
Trade Groups $102,052
+11.3%
Influenced by prevailing union wage agreements specific to Trade Groups's sector.
EquiLife LLC $101,862
+11.1%
Data suggests EquiLife LLC's workforce skews heavily towards veteran, high-tenure roles.
Retail & Wholesale Industry $123,318
+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.

How Truform Equipment Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Truform Equipment Inc

Considering a career at Truform Equipment 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.
The team is supportive, and management recognizes hard work. The company offers a great work-life balance and flexible scheduling. It’s a reliable place to work with standard industry benefits. There are plenty of learning opportunities, and the team is talented.
Commented in March 23, 2025
43
2
Enjoy the flexible work hours. The team is talented and works well together, creating a productive atmosphere. The culture is energetic and supportive. I’ve had a wonderful experience here. Career development opportunities are abundant, and managers are mentors. Coworkers are friendly and helpful. Career growth is possible if you take initiative, and internal promotions are common. The company als...
Commented in May 27, 2024
11
0
The company invests in employee development, and the benefits are competitive. The work environment is structured, and processes are clearly defined. The company maintains a professional yet friendly atmosphere.
Commented in January 29, 2024
47
0

Truform Equipment Inc Overview

Website
www.truformequipment.com
Founded In
1996
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
14744 S Mckinley Ave Posen Illinois IL 60469
Revenue
<$5 Million
Phone Number
+1 7088978595
Social Media
About Truform Equipment Inc
Truform Equipment has been dedicated to providing best of breed manufacturing equipment from around the world to the North American market since 1996. Since our founding, we have continued to advance as the industry leader in cold forming and fastener technologies. We take pride in our ability to meet the challenges of rapid development as it occurs in the global market, while reducing costs and i

What Benefits Does Truform Equipment Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Truform Equipment 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Truform Equipment Inc.
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 Truform Equipment Inc, 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 Truform Equipment Inc 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 Truform Equipment Inc

1. What is the typical salary range (low to high) for most roles at Truform Equipment Inc?

The typical annual salary range for most roles at Truform Equipment Inc is approximately from $80,667 to $103,721. 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. How much does Truform Equipment Inc pay compared to Strings?

The average annual salary at Truform Equipment Inc is $91,715, or an hourly wage of $44, in comparison to Strings which pays $85,945 per year or $41 per hour.

3. Do salaries differ significantly between departments at Truform Equipment Inc?

Yes, salaries often differ between departments at Truform Equipment Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Truform Equipment Inc?

Experience level is a significant factor in determining salary at Truform Equipment Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Truform Equipment Inc in Chicago is fair given the local cost of living?

To determine if a salary offer from Truform Equipment Inc in Chicago is fair, first compare the gross salary to our data for similar roles at Truform Equipment Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Why might an individual's actual salary at Truform Equipment Inc differ from the ranges shown here?

An individual's actual salary at Truform Equipment Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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