$708,974 / year
Salary Range: $543,104 - $892,139
Executive
$120,687 / year
Salary Range: $110,200 - $129,070
Information Technology
$106,781 / year
Salary Range: $96,511 - $117,691
Procurement/Purchasing
$105,563 / year
Salary Range: $94,354 - $116,262
Manufacturing Engineering
$101,933 / year
Salary Range: $88,979 - $114,122
Production
$100,237 / year
Salary Range: $90,010 - $110,205
Human Resources
$99,466 / year
Salary Range: $84,340 - $111,859
Production
$96,686 / year
Salary Range: $89,124 - $104,840
Design
$95,918 / year
Salary Range: $84,182 - $106,072
Consulting
$56,298 / year
Salary Range: $50,326 - $61,469
Shipping
$49,394 / year
Salary Range: $44,485 - $53,967
Quality Assurance
$39,116 / year
Salary Range: $34,728 - $43,866
Production Control
| 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. |
$86,029 / year
Salary Range: $75,746 - $97,124
Beaver Dam, KY
$97,864 / year
Salary Range: $86,174 - $110,489
Minneapolis, MN
$89,922 / year
Salary Range: $79,182 - $101,526
Liverpool, NY
$88,308 / year
Salary Range: $77,753 - $99,697
Lamoni, IA
$104,995 / year
Salary Range: $92,442 - $118,537
South Gate, CA
$89,531 / year
Salary Range: $78,843 - $101,063
Azle, TX
$85,048 / year
Salary Range: $74,894 - $96,003
Kenton, OH
$83,340 / year
Salary Range: $73,382 - $94,076
Orangeburg, SC
$94,689 / year
Salary Range: $83,379 - $106,880
Arlington Heights, IL
Get an estimated calculation of how much you should be earning and insight into your career options.
| 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. |
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.
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.
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.
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.
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.
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.
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