Where is Industrial Prodcuts located?

Industrial Prodcuts is headquartered in Spring Park, Minnesota, but may have operations in other locations within the Retail & Wholesale sector.

What does Industrial Prodcuts do?

According to the company's overview, Industrial Prodcuts is a company that operates in the Mechanical or Industrial Engineering industry.

What industry is Industrial Prodcuts in?

Industrial Prodcuts operates in the Retail & Wholesale industry.

Industrial Prodcuts Average Salary, Pay Ranges & Benefits

Industrial Prodcuts Salary

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Salary at Industrial Prodcuts

Current Job Openings at Industrial Prodcuts

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Is Industrial Prodcuts’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Prodcuts'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
Hastings Industrial Co	$98,455	-1.0%	Suggests Hastings Industrial Co utilizes a highly similar base-plus-benefits compensation model.
Industrial Encoder Corp	$95,059	-4.4%	Industrial Encoder Corp likely leverages performance bonuses over the high base salary shown here.
Nissan Maxima SV	$99,784	+0.3%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
Long Ford Truck World Inc	$91,451	-8.0%	Long Ford Truck World Inc may offer non-monetary perks in lieu of competitive base salaries.
Retail & Wholesale Industry	$123,318	+24.0%	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 Industrial Prodcuts's Salaries Compare to Similar Companies?

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

Hastings Industrial Co

$98,455 / year

Salary Range: $86,568 - $111,379

Woodbury, MN

Industrial Encoder Corp

$95,059 / year

Salary Range: $83,581 - $107,538

Watertown, MN

Nissan Maxima SV

$99,784 / year

Salary Range: $87,741 - $112,891

Saint Paul, MN

Long Ford Truck World Inc

$91,451 / year

Salary Range: $80,410 - $103,453

Colorado Springs, CO

All American Chrysler Jeep Dodge Ram of Odessa

$83,530 / year

Salary Range: $73,446 - $94,491

Odessa, TX

HHRA - National Hotrod Association

$100,839 / year

Salary Range: $88,657 - $114,074

Glendora, CA

Accent Rug Decor Inc RETAIL LOCATION SAVE

$83,930 / year

Salary Range: $73,794 - $94,942

Crandall, GA

Land-O-Dreams

$86,915 / year

Salary Range: $76,442 - $98,283

Rochester, MN

Industrial Bearing Technologies Inc

$104,235 / year

Salary Range: $91,644 - $117,915

Lakewood, NJ

Employee Reviews: Working at Industrial Prodcuts

Considering a career at Industrial Prodcuts? 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.

Overall, it’s a fantastic place to grow your career while feeling valued. The company culture is professional, though not overly social, which suits some employees more than others. This company values its employees. I’ve been able to grow professionally thanks to the many learning opportunities provided. I enjoy the fast-paced yet rewarding environment. The company encourages internal promotions,...

Commented in April 29, 2025

39

0

The company culture is amazing—teamwork is encouraged, and employees are recognized for their efforts. It’s a good fit for those who prefer a structured work environment. This company is an excellent place to grow in the retail sector. Enjoy the flexible hours. My experience at this company has been decent.

Commented in March 07, 2025

49

0

Good work-life balance. I’d recommend this employer to anyone seeking long-term career growth. Overall, it’s a great workplace for those looking for stability and growth in wholesale/retail.

Commented in November 23, 2024

48

2

The company’s size provides job security, and the corporate culture promotes teamwork. Competitive pay, strong benefits, and a culture of recognition. I’ve been with this company for over three years, and it’s been a rewarding journey. The leadership team is visionary and communicates company goals clearly.

Commented in August 11, 2024

22

0

Overall, it’s a supportive, forward-thinking employer with great long-term potential. The team is collaborative, and management is supportive. The employee discount is generous, and the team atmosphere is positive. It’s a reliable employer for those in retail and wholesale.

Commented in March 01, 2024

16

3

What Benefits Does Industrial Prodcuts Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Prodcuts 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Industrial Prodcuts.

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Industrial Prodcuts, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,400 - $2,100+	A significant portion of Industrial Prodcuts salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $230 (Heating significant)	Electricity, Heating, Cooling, Water etc.
Public Transportation	$120 (Metro Transit monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $630	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$390 - $720+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,920 - $4,480+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Industrial Prodcuts

1. What is the typical salary range (low to high) for most roles at Industrial Prodcuts?

The typical annual salary range for most roles at Industrial Prodcuts is approximately from $87,438 to $112,501. 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 Industrial Prodcuts pay compared to Hastings Industrial Co?

The average annual salary at Industrial Prodcuts is $99,446, or an hourly wage of $48, in comparison to Hastings Industrial Co which pays $98,455 per year or $47 per hour.

3. How does experience level affect salary at Industrial Prodcuts?

Experience level is a significant factor in determining salary at Industrial Prodcuts, 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.

4. How can I determine if a salary offer from Industrial Prodcuts in Minneapolis is fair given the local cost of living?

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

5. Are the salaries listed for Industrial Prodcuts on Salary.com pre-tax or after-tax?

All salary figures displayed for Industrial Prodcuts, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.