Insty-Bit Inc Salary

Insty-Bit Inc Salary

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As of July 2026, the average annual salary for employees at Insty-Bit Inc in the United States is $92,875. This translates to an approximate hourly wage of $45. Salaries at Insty-Bit Inc typically range from $81,803 to $104,807 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Insty-Bit Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Insty-Bit Inc. Based on our data, the highest paying job is the Plant Manager, with an annual salary of $165,367. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Insty-Bit Inc

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

Is Insty-Bit Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Insty-Bit 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
Ventius International $87,801
-5.5%
Typical compensation structure for smaller regional agencies like Ventius International.
Stout Tanks & Kettles LLC $91,230
-1.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Centennial Controls Inc $89,004
-4.2%
Centennial Controls Inc likely leverages performance bonuses over the high base salary shown here.
Highway Rehabilitation Corp $97,031
+4.5%
Influenced by prevailing union wage agreements specific to Highway Rehabilitation Corp's sector.
MFG Durable Industry $121,746
+31.1%
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 Insty-Bit Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Insty-Bit Inc

Considering a career at Insty-Bit 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.
They invest in their employees through skills development and promoting from within. Morale remains high across all departments. I genuinely look forward to coming to work each day. Benefits are competitive, and flexible shifts allow for a healthy work-life balance.
Commented in March 13, 2025
24
1
We meet production goals thanks to well-maintained equipment, competent leadership, and focused teamwork. Managers listen and act on feedback. The focus on producing quality work is high, but the pressure is never overwhelming. Their visionary guidance, strategic insight, and genuine enthusiasm are a true inspiration to all of us. It's rewarding to work for a manufacturer that combines technical e...
Commented in February 21, 2025
32
2
There's a real sense of community and mutual support among colleagues. Production schedules are realistic, and the team works together with purpose. The company also offers good benefits and actively promotes a healthy work-life balance, which is rare in this industry. Advancement takes time and persistence. Working in a modern and efficient environment makes the job more pleasant and boosts produ...
Commented in January 09, 2025
42
0

Insty-Bit Inc Overview

Website
www.insty-bit.com
Founded In
2001
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
7128 Shady Oak Rd Eden Prairie Minnesota MN 55344
Revenue
<$5 Million
Phone Number
+1 6123811153
Social Media
About Insty-Bit Inc
Insty-Bit products are high quality tools that combine quick change chucks with a large selection of 1¢4 inch hex shank cutting tools. The Insty-Lok is the newest product and is for both the professional and the do-it yourself person.

What Benefits Does Insty-Bit Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Insty-Bit 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)
Work at Insty-Bit Inc?
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What Is the Cost of Living Near Eden Prairie?

Understanding the cost of living near Eden Prairie is key to truly evaluating a salary offer or your current compensation at Insty-Bit Inc.
Eden Prairie's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 18.7% more than MN average). Affluent Mpls suburb, excellent schools, high housing costs. SW Transit, Metro Transit. When planning your budget based on a salary from Insty-Bit Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Insty-Bit Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation Metro Transit/SW Transit (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,010 - $4,800+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Insty-Bit Inc

1. How much does an Insty-Bit Inc employee make?

Insty-Bit Inc pays its employees an average of $92,875 per year. The average salary at Insty-Bit Inc range from $81,803 to $104,807 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 Insty-Bit Inc?

The salary at Insty-Bit Inc is higher than the similar company. The average annual salary at Insty-Bit Inc is $92,875, or an hourly wage of $45, in comparison to Ventius International which pays $87,801 per year or $42 per hour.

3. How much does a Plant Manager typically earn at Insty-Bit Inc?

A Plant Manager at Insty-Bit Inc typically earns an average annual base salary of around $165,367, with a general range of $144,401 to $184,583.

4. Do employees with advanced degrees (Master's, PhD) earn more at Insty-Bit Inc?

In many roles at Insty-Bit 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 Eden Prairie affect the perceived value of a Insty-Bit Inc salary?

Eden Prairie's Cost of Living Index is approximately 115.3 (15.3% more expensive than US average; 18.7% more than MN average). This significantly impacts the purchasing power of a salary from Insty-Bit Inc based there. Our "Cost of Living Insights for Eden Prairie" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Insty-Bit Inc typically offer employees?

Insty-Bit 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 Insty-Bit Inc" section on this page.

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