Velmex Salary

Velmex Salary

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As of August 2026, the average hourly salary for employees at Velmex in the United States is $33. This translates to an approximate annual wage of $69,137. Salaries at Velmex typically range from $29 to $38 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Velmex Pay for Different Roles?

Explore detailed salary information for specific jobs at Velmex. Based on our data, the highest paying job is the Compliance Specialist, with an hourly wage of $78. The table below outlines the hourly wage ranges for most popular roles within the company.

Account Support Representative

$27 / hour

Salary Range: $24 - $30

Sales

Account Support Representative (Inside Sales)

$36 / hour

Salary Range: $31 - $41

Technical Sales

Associate Account Consultant

$28 / hour

Salary Range: $25 - $32

Procurement/Purchasing

Business Development Associate

$41 / hour

Salary Range: $36 - $46

Business Development

Industrial Measurement Technician - Field Service

$33 / hour

Salary Range: $28 - $38

Resident Care

Inside Sales Representative

$28 / hour

Salary Range: $23 - $32

Sales

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Velmex.
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About Velmex: Company Profile

Website
www.velmex.com
Founded In
1967
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Location
BLOOMFIELD
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About VELMEX
Velmex is a manufacturer of linear and rotary motion-control positioning equipment for scientific, research and industrial applications.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Velmex's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The company provides standard benefits, and the office setup is functional. It’s a stable workplace with a focus on steady progress rather than rapid changes. I appreciate the work-life balance and flexibility here. Overall, it’s a rewarding place to build a career.
Commented in April 01, 2025
23
2
The work is engaging, and the team is talented. It’s a good place for those who prefer a low-drama, stable work environment. The company also values diversity and inclusion, making it a welcoming workplace. The day-to-day work is structured, and expectations are clear. Leadership communicates well, making employees feel valued. Great communication from leadership.
Commented in January 14, 2025
17
0
The company promotes a healthy work culture with growth opportunities. Nothing extraordinary, but a solid place to work. The leadership is transparent, and career growth is encouraged. The company fosters a supportive and engaging work environment. The team is talented and works well together, creating a productive atmosphere.
Commented in January 18, 2024
13
1

How Velmex's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Velmex’s pay competitiveness. Click on a company for a deeper dive.

Is Velmex’s Pay Competitive? Salary Benchmarking Analysis

How does Velmex'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
VALLEY FARMS SUPPLY $33
-0.4%
Suggests VALLEY FARMS SUPPLY utilizes a highly similar base-plus-benefits compensation model.
OPEN SESAME DOOR SYSTEMS $41
+23.5%
Reflects structural premiums typical of OPEN SESAME DOOR SYSTEMS's large-cap national operations.
TMC POWER EQUIPMENT $38
+14.5%
Reflects a supply-demand imbalance for the specific talent TMC POWER EQUIPMENT targets.
AIR & HYDRAULIC EQUIPMENT $30
-8.3%
Typical compensation structure for smaller regional agencies like AIR & HYDRAULIC EQUIPMENT.
Retail & Wholesale Industry $60
+78.4%
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.

What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Velmex.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Velmex, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Velmex salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Velmex

FAQ 1: What is the estimated average total compensation at Velmex?
Salary.com estimates that the average total compensation package at Velmex, which can include base salary, potential bonuses, and benefits, is around $33 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Velmex pay compared to VALLEY FARMS SUPPLY?
The average annual salary at Velmex is $69,137, or an hourly wage of $33, in comparison to VALLEY FARMS SUPPLY which pays $68,880 per year or $33 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Velmex?
Salary progression from an entry-level to a senior role at Velmex can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Velmex in New York is fair given the local cost of living?
To determine if a salary offer from Velmex in New York is fair, first compare the gross salary to our data for similar roles at Velmex and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.
FAQ 5: Are promotions at Velmex usually accompanied by a significant salary increase?
Yes, promotions at Velmex are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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