Industrial Modern Pattern & Mold Salary

As of July 2026, the average annual salary for employees at Industrial Modern Pattern & Mold in the United States is $92,063. This translates to an approximate hourly wage of $44. Salaries at Industrial Modern Pattern & Mold typically range from $81,088 to $103,892 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Industrial Modern Pattern & Mold Pay for Different Roles?

Explore detailed salary information for specific jobs at Industrial Modern Pattern & Mold. Based on our data, the highest paying job is the President, with an annual salary of $712,648. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Industrial Modern Pattern & Mold

Ready for your next career move? Explore current job openings at Industrial Modern Pattern & Mold. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Industrial Modern Pattern & Mold’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Modern Pattern & Mold'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
Unique Tool & Die LLC $78,804
-14.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Evil Bikes LLC $89,932
-2.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Naiad Design Ltd $92,464
+0.4%
Suggests Naiad Design Ltd utilizes a highly similar base-plus-benefits compensation model.
S & J Door Inc $91,092
-1.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MFG Durable Industry $121,746
+32.2%
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 Industrial Modern Pattern & Mold

Considering a career at Industrial Modern Pattern & Mold? 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.
Communication is formal to address employee concerns. Employee facility runs like a well-oiled machine thanks to strong leadership and engaged workers. 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. It helps me stay focused and efficient without feeling overwhelmed or burned out. The compan...
They offer a clear path for advancement and great on-the-job training. Management provides clear performance metrics so everyone understands their contribution to overall success. The right place for skilled professionals.
Production schedules are realistic, and the team works together with purpose. There’s a real sense of pride in our output. Work can be repetitive, with occasional high-pressure periods during peak production. The company invests heavily in state-of-the-art equipment and automation technology, making our jobs safer and more efficient. The pace is steady, and expectations are clear. This manufacturi...

Industrial Modern Pattern & Mold Overview

Website
www.industrialmodern.com
Founded In
1971
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
970 Nicholas Blvd Elk Grove Village Illinois IL 60007
Revenue
<$5 Million
Phone Number
+1 8472964930
Social Media
About Industrial Modern Pattern & Mold
For over 40 years, IMPM has been at the forefront of prototyping. From our start as a pattern shop to our evolution as a full service prototyping shop, IMPM has strived for continuous improvement. Three generations of innovation have made us stand out in the industry. From Louis Sr. starting a pattern shop focused on the highest quality and Louis Jr.'s awareness of an evolving industry, to Jared p

What Benefits Does Industrial Modern Pattern & Mold Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Modern Pattern & Mold 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 Industrial Modern Pattern & Mold.
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 Industrial Modern Pattern & Mold, 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 Industrial Modern Pattern & Mold 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 Industrial Modern Pattern & Mold

1. How much does an Industrial Modern Pattern & Mold employee make?

Industrial Modern Pattern & Mold pays its employees an average of $92,063 per year. The average salary at Industrial Modern Pattern & Mold range from $81,088 to $103,892 per year. 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 Industrial Modern Pattern & Mold?

The salary at Industrial Modern Pattern & Mold is higher than the similar company. The average annual salary at Industrial Modern Pattern & Mold is $92,063, or an hourly wage of $44, in comparison to Unique Tool & Die LLC which pays $78,804 per year or $38 per hour.

3. How much does a President typically earn at Industrial Modern Pattern & Mold?

A President at Industrial Modern Pattern & Mold typically earns an average annual base salary of around $712,648, with a general range of $546,128 to $896,347.

4. Do employees with advanced degrees (Master's, PhD) earn more at Industrial Modern Pattern & Mold?

In many roles at Industrial Modern Pattern & Mold, 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 Chicago affect the perceived value of a Industrial Modern Pattern & Mold salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Industrial Modern Pattern & Mold based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Industrial Modern Pattern & Mold typically offer employees?

Industrial Modern Pattern & Mold 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 Industrial Modern Pattern & Mold" section on this page.