Innovative Machining Technology Inc Salary

As of July 2026, the average annual salary for employees at Innovative Machining Technology Inc in the United States is $91,588. This translates to an approximate hourly wage of $44. Salaries at Innovative Machining Technology Inc typically range from $80,639 to $103,404 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Innovative Machining Technology Inc

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Is Innovative Machining Technology Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Innovative Machining Technology 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
Nationwide Lure Manufacturing Co Inc $86,029
-6.1%
Nationwide Lure Manufacturing Co Inc likely leverages performance bonuses over the high base salary shown here.
Mid-Continent Engineering $97,864
+6.9%
Reflects a supply-demand imbalance for the specific talent Mid-Continent Engineering targets.
110 Metalworks Inc $89,922
-1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Industrial Hardfacing Inc $88,308
-3.6%
Typical compensation structure for smaller regional agencies like Industrial Hardfacing Inc.
MFG Durable Industry $121,746
+32.9%
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 Innovative Machining Technology Inc

Considering a career at Innovative Machining Technology 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.
There’s a clear hierarchy and chain of command. The company provides a stable work environment with standard safety practices, though enforcement can sometimes be inconsistent. Leadership is transparent and proactive, keeping employees informed and involved in process changes. It’s not a bad place, but it doesn’t particularly stand out either. Promotion pathways are available but competitive.
Team dynamics are hit or miss depending on the department. I appreciate the strong safety culture and clean work environment. Flexible work schedules and safety initiatives enhance employee satisfaction. Most rewarding is seeing how our high-quality products make a difference in customers' lives every day. Tasks are repeated often and executed with efficiency. Work-life balance is respected throug...
This makes us feel heard and valued, contributing to a better workplace. Management maintains an open-door policy and genuinely values production workers' expertise. The company also invests in modern equipment and processes, which makes the work more engaging and helps us stay competitive. From planning to production, operations are efficient and well-coordinated.

Innovative Machining Technology Inc Overview

Website
www.innovativemachining.biz
Founded In
2003
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
8 Rowell Rd Boyertown Pennsylvania PA 19512
Revenue
$10 Million - $50 Million
Phone Number
+1 4198922233
Social Media
About Innovative Machining Technology Inc
Now Open New 30,000+ Square Foot Facility in Summerville, SC Innovative Machining Technology, Inc. (IMT) has been in business for over 33 years, starting in 1988. We are a full service machining and fabrication facility dedicated to the manufacturing of OEM components for the power industries. Our 37, 000 sq. ft. facilities are staffed with highly trained machinists, welders and technical personne

What Benefits Does Innovative Machining Technology Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovative Machining Technology 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Innovative Machining Technology Inc.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Innovative Machining Technology Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Innovative Machining Technology Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovative Machining Technology Inc

1. How much does an Innovative Machining Technology Inc employee make?

Innovative Machining Technology Inc pays its employees an average of $91,588 per year. The average salary at Innovative Machining Technology Inc range from $80,639 to $103,404 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 Innovative Machining Technology Inc?

The salary at Innovative Machining Technology Inc is higher than the similar company. The average annual salary at Innovative Machining Technology Inc is $91,588, or an hourly wage of $44, in comparison to Nationwide Lure Manufacturing Co Inc which pays $86,029 per year or $41 per hour.

3. How much does a President typically earn at Innovative Machining Technology Inc?

A President at Innovative Machining Technology Inc typically earns an average annual base salary of around $708,974, with a general range of $543,104 to $892,139.

4. Do employees with advanced degrees (Master's, PhD) earn more at Innovative Machining Technology Inc?

In many roles at Innovative Machining Technology Inc, 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 Philadelphia affect the perceived value of a Innovative Machining Technology Inc salary?

Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). This significantly impacts the purchasing power of a salary from Innovative Machining Technology Inc based there. Our "Cost of Living Insights for Philadelphia" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Innovative Machining Technology Inc typically offer employees?

Innovative Machining Technology Inc 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 Innovative Machining Technology Inc" section on this page.