Iwaco Salary

As of July 2026, the average annual salary for employees at Iwaco in the United States is $89,436. This translates to an approximate hourly wage of $43. Salaries at Iwaco typically range from $78,779 to $100,917 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Iwaco

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Is Iwaco’s Pay Competitive? Salary Benchmarking Analysis

How does Iwaco'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
Lites On West $104,256
+16.6%
Adjusted for higher cost-of-living indices in Lites On West's primary metro hubs.
Mount Trailer Co $91,862
+2.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Industrial Park Machine & Tool Co $87,527
-2.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Electrical Trading $92,411
+3.3%
Data suggests Electrical Trading's workforce skews heavily towards veteran, high-tenure roles.
MFG Durable Industry $121,746
+36.1%
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.

Employee Reviews: Working at Iwaco

Considering a career at Iwaco? 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.
The equipment is modern, and safety training is thorough. This ethical approach resonates with many employees and adds to our pride in the organization. The teamwork is phenomenal, and everyone is committed to achieving common goals safely and efficiently. Management is also very understanding and responsive to employee needs. I’ve had opportunities to learn and grow that I never expected.
Employee facility runs like a well-oiled machine thanks to strong leadership and engaged workers. There's open communication between departments, and the company encourages feedback and growth. While the work is particularly exciting, it’s steady and dependable. The pay is competitive, and the benefits package is comprehensive. Production targets are realistic. A dependable employer, though opport...
It’s a solid job where you feel like a valuable part of the team. Management regularly solicits our valuable feedback, actively listens to our concerns, and diligently works to enhance our overall experience, clearly demonstrating that they genuinely care about our professional fulfillment and well-being. These initiatives, like health screenings or fitness challenges, are a great perk and contrib...

Iwaco Overview

Website
www.iwaco-usa.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
447 Sullivan St Hobart Indiana IN 46342
Revenue
<$5 Million
Phone Number
+1 2199422050
Social Media
About Iwaco
Iwaco is a company that operates in the Machinery industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Hobart, Indiana.

What Benefits Does Iwaco Offer Beyond Salary?

A competitive compensation package is more than just a salary. Iwaco 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Iwaco.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Iwaco, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Iwaco salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Iwaco

1. What is the average salary for employees at Iwaco?

The average annual total compensation for employees at Iwaco is approximately $89,436. However, this is an aggregate figure, actual salaries can range significantly, typically from $78,779 to $100,917, depending on factors like job role, experience, and location.

2. How much does Iwaco pay compared to Lites On West?

The average annual salary at Iwaco is $89,436, or an hourly wage of $43, in comparison to Lites On West which pays $104,256 per year or $50 per hour.

3. What is the lowest salary at Iwaco?

The lowest-paying job at Iwaco is a Salesman with a salary of $83,725 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Iwaco?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Iwaco for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Iwaco offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Iwaco, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Iwaco?

Most companies, likely including Iwaco, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.