Innovative Components Inc Salary

Innovative Components Inc Salary

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As of May 2026, the average annual salary for employees at Innovative Components Inc in the United States is $94,879. This translates to an approximate hourly wage of $46. Salaries at Innovative Components Inc typically range from $83,544 to $107,099 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Innovative Components Inc

Ready for your next career move? Explore current job openings at Innovative Components Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Innovative Components Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innovative Components 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
Liberty Elevator Experts LLC $97,780
+3.1%
Reflects structural premiums typical of Liberty Elevator Experts LLC's large-cap national operations.
nuHaus $95,080
+0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Rayner Covering Systems Inc $96,704
+1.9%
Suggests Rayner Covering Systems Inc utilizes a highly similar base-plus-benefits compensation model.
Kamco Plastics Inc $95,185
+0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $121,746
+28.3%
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 Innovative Components Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Innovative Components Inc

Considering a career at Innovative Components 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.
Flexible scheduling options help maintain work-life balance. Our ideas have made a real difference in production flow and safety protocols. Recognition programs celebrate employee achievements regularly. Managers are present and easy to talk to. Fast-paced but well-managed environment.
Commented in May 05, 2025
9
3
Training opportunities are available, and the team collaborates effectively. Managers treat employees with professionalism and respect. This company offers a refreshing work atmosphere for the manufacturing industry. Competitive pay and benefits contribute to employee satisfaction.
Commented in April 03, 2025
17
0
Overtime is sometimes required during busy periods. Managers keep lines of communication open, and hard work doesn’t go unnoticed. Management truly listens to worker feedback - many of our process improvement suggestions get implemented. The culture here is based on respect, productivity, and teamwork. Work environment is stable but may feel routine and unexciting to some. As part of a we're produ...
Commented in December 14, 2024
13
3
The work is challenging but rewarding, and there's a strong sense of accomplishment in seeing our products come to life. Some repetitive tasks may feel monotonous over time. Training is available but somewhat limited.
Commented in February 23, 2024
13
0

Innovative Components Inc Overview

Website
www.innovative-components.com
Founded In
1992
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1050 National Pkwy Schaumburg Illinois IL 60173
Revenue
$5 Million - $10 Million
Phone Number
+1 8478859050
Social Media
About Innovative Components Inc
For more than 23 years, Innovative Components, Inc. has pioneered the creative use of "Green" materials and technologies in its manufacturing processes. Innovative Components of Schaumburg, IL and its sister company Componentes Innovadores in Cartago, Costa Rica comprise one of the largest manufacturers of plastic knobs, handles, quick release pins and latches in the world. The company has perfect

What Benefits Does Innovative Components Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovative Components 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 Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Innovative Components Inc.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Innovative Components Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Innovative Components Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovative Components Inc

1. How much does Innovative Components Inc in the United States pay?

Innovative Components Inc pays its employees an average of $94,879 per year. The average salary at Innovative Components Inc range from $83,544 to $107,099 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. Do Innovative Components Inc employees get a higher salary than its peer company?

The salary at Innovative Components Inc is lesser than its peer company. The average annual salary at Innovative Components Inc is $94,879, or an hourly wage of $46, in comparison to Liberty Elevator Experts LLC which pays $97,780 per year or $47 per hour.

3. What are the highest paying jobs at Innovative Components Inc?

The higher-paying job at Innovative Components Inc, according to our data, include Quality Control (avg. $98,039 per year), System Administrator (avg. $96,626 per year), and Sales Representative (avg. $88,821 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Innovative Components Inc?

Salary progression with years of experience at Innovative Components Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Innovative Components Inc vary by office location?

Yes, it's very likely that salaries at Innovative Components Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Schaumburg section provides more context.

6. Does Innovative Components Inc offer good benefits?

Innovative Components Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Innovative Components Inc" section on this page.

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