Innovative Mold Inc Salary

As of July 2026, the average annual salary for employees at Innovative Mold Inc in the United States is $90,491. This translates to an approximate hourly wage of $44. Salaries at Innovative Mold Inc typically range from $79,704 to $102,112 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Innovative Mold Inc

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

How does Innovative Mold 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
Highland Cabinetry Inc $87,221
-3.6%
Typical compensation structure for smaller regional agencies like Highland Cabinetry Inc.
US Conveyor Technologies MFG Inc $84,268
-6.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Carroll Tool $89,500
-1.1%
Indicates identical technical requirements and experience levels between the two firms.
Plastic Engineering & Technical Services Inc $89,679
-0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
MFG Durable Industry $121,746
+34.5%
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 Mold Inc

Considering a career at Innovative Mold 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.
Detailed planning minimizes errors and rework. Commitment to deadlines consistently meets customer expectations. The company culture is respectful but somewhat rigid, with little room for creative input or flexibility in processes. There’s a strong emphasis on continuous learning and skill development.
The benefits package is competitive and comprehensive, supporting health and wellness. Everyone knows their role clearly. Career advancement opportunities are encouraged and supported. Management is transparent and communicates effectively with the employees. Shift schedules are stable, and overtime is optional, not forced. Collaborative culture encourages problem-solving and innovation.
Management recognizes that experienced production workers are the company's greatest asset. Safety standards are good but could improve further. Management values employee input and actively supports training and professional growth initiatives. The company also offers career advancement paths through certifications and internal promotions. Colleagues are supportive, and management is always willi...

Innovative Mold Inc Overview

Website
www.innovativemoldinc.com
Founded In
1989
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
31 Mile Rd Washington Michigan MI 48095
Revenue
$5 Million - $10 Million
Phone Number
+1 5867522996
Social Media
About Innovative Mold Inc
Innovative Mold is dedicated to meeting the quality expectations of our customer and to the continual operation of a quality system that meets the requirements of the ISO9001:2008 standards. We commit ourselves to a strategy of continuous improvement, on time delivery, and customer satisfaction.

What Benefits Does Innovative Mold Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Innovative Mold 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Innovative Mold Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Innovative Mold Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Innovative Mold Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Innovative Mold Inc

1. How much does an Innovative Mold Inc employee make?

Innovative Mold Inc pays its employees an average of $90,491 per year. The average salary at Innovative Mold Inc range from $79,704 to $102,112 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 Mold Inc?

The salary at Innovative Mold Inc is higher than the similar company. The average annual salary at Innovative Mold Inc is $90,491, or an hourly wage of $44, in comparison to Highland Cabinetry Inc which pays $87,221 per year or $42 per hour.

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

A President at Innovative Mold Inc typically earns an average annual base salary of around $700,482, with a general range of $536,809 to $880,987.

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

In many roles at Innovative Mold 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 Detroit affect the perceived value of a Innovative Mold Inc salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Innovative Mold Inc based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

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

Innovative Mold 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 Mold Inc" section on this page.