Innovation Mold & Design Inc Salary

As of August 2026, the average annual salary for employees at Innovation Mold & Design Inc in the United States is $87,569. This translates to an approximate hourly wage of $42. Salaries at Innovation Mold & Design Inc typically range from $77,120 to $98,807 annually, reflecting the diverse roles and experience levels within the company.
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Is Innovation Mold & Design Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innovation Mold & Design 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
Shan-Rod $86,462
-1.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
EVM Inc $83,888
-4.2%
EVM Inc may offer non-monetary perks in lieu of competitive base salaries.
AEI Communications Corp $112,167
+28.1%
Reflects a supply-demand imbalance for the specific talent AEI Communications Corp targets.
Tempo Semiconductor Inc $87,464
-0.1%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+39.0%
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.

Employee Reviews: Working at Innovation Mold & Design Inc

Considering a career at Innovation Mold & Design 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.
Consistent performance, high-quality standards, and excellent team coordination make this company stand out. Some roles involve more sitting or standing than expected. The company truly invests in its people, offering excellent training programs and clear pathways for career advancement. Benefits are solid, and there's a real commitment to improving systems and morale. One of the best places I’ve ...
Reliable production processes and experienced staff ensure timely delivery and consistent product quality. While benefits and job security are adequate, communication gaps occasionally hinder workflow efficiency. You’re encouraged to grow your skillset through additional training. The company also offers career advancement paths through certifications and internal promotions. The investment in aut...
There’s a lot of pride in keeping the workspace organized. Safety is not just a buzzword—it’s a daily focus. The break areas and cafeteria are clean and comfortable, showing respect for employees' downtime. I've been with this manufacturing company for over five years, and it's been an incredibly rewarding journey.

Innovation Mold & Design Inc Overview

Website
www.innovationmold.com
Founded In
1979
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
n118 w18988 Bunsen Dr Germantown Wisconsin WI 53022
Revenue
$5 Million - $10 Million
Phone Number
+1 2622518201
Social Media
About Innovation Mold & Design Inc
Innovation Mold & Design is a full-service mold manufacturing company that provides the highest quality injection molds for a variety of industries including automotive, medical, electrical, agricultural, lawn and garden, hardware, household consumer products and packaging. We specialize in plastic injection, thermoset injection, thermoset compression & diecast molds along with custom machining, a

What Benefits Does Innovation Mold & Design Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovation Mold & Design 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Innovation Mold & Design Inc.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Innovation Mold & Design Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Innovation Mold & Design Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovation Mold & Design Inc

1. What is the typical salary range (low to high) for most roles at Innovation Mold & Design Inc?

The typical annual salary range for most roles at Innovation Mold & Design Inc is approximately from $77,120 to $98,807. 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 Innovation Mold & Design Inc pay compared to Shan-Rod?

The average annual salary at Innovation Mold & Design Inc is $87,569, or an hourly wage of $42, in comparison to Shan-Rod which pays $86,462 per year or $42 per hour.

3. Do salaries differ significantly between departments at Innovation Mold & Design Inc?

Yes, salaries often differ between departments at Innovation Mold & Design 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 Innovation Mold & Design Inc?

Experience level is a significant factor in determining salary at Innovation Mold & Design 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 Innovation Mold & Design Inc in Milwaukee is fair given the local cost of living?

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

6. Why might an individual's actual salary at Innovation Mold & Design Inc differ from the ranges shown here?

An individual's actual salary at Innovation Mold & Design 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.