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L R Precision Salary

L R Precision Salary

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As of August 2026, the average annual salary for employees at L R Precision in the United States is $63,726. This translates to an approximate hourly wage of $31. Salaries at L R Precision typically range from $55,921 to $72,514 annually, reflecting the diverse roles and experience levels within the company.

How Much Does L R Precision Pay for Different Roles?

Explore detailed salary information for specific jobs at L R Precision. Based on our data, the highest paying job is the FT Utility Aide- Dishwasher, with an annual salary of $157,123. The table below outlines the annual salary ranges for most popular roles within the company.

Assistant Chief of Fire

$110,320 / year

Salary Range: $90,752 - $133,451

IRA Accounts

Full-time Server

$22,608 / year

Salary Range: $19,770 - $25,610

IT Infrastructure

Maintenance I - Housekeeper

$56,086 / year

Salary Range: $50,077 - $62,486

Facilities Operations

FT Utility Aide- Dishwasher

$157,123 / year

Salary Range: $140,612 - $175,420

Trading

Move-In Coordinator

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Maintenance Technician II

$50,724 / year

Salary Range: $43,919 - $60,295

Oil and Gas

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at L R Precision.
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About L R Precision: Company Profile

Website
www.lrprecisiontooling.com
Founded In
1997
Employees
25 - 50 employees
Industry
All Industries
Headquarter Location
LYNCHBURG
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About L R PRECISION
L R Precision is a machinery company based out of 2552 Featherwood St, Westlake Village, California, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into L R Precision's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Leadership is inspiring, and the work culture is motivating. Colleagues are friendly, making collaboration seamless. It’s a great place to build a career. Compensation is fair, and the bonus structure is motivating.
Commented in April 07, 2025
32
0
The office environment is positive, and colleagues are friendly. Leadership is supportive, and employees are given opportunities to grow. A great place for ambitious professionals.
Commented in March 18, 2025
31
2
Training programs are robust, helping employees stay updated with industry trends. The compensation package is competitive, with bonuses and health benefits. The work here is steady, and expectations are reasonable. Health benefits and retirement plans are excellent. The leadership team is approachable, and employee feedback is valued. The leadership team is proactive in addressing employee needs....
Commented in October 16, 2024
42
1
I’d highly recommend this company to anyone looking for stability and growth. This company values its employees and fosters a positive workplace. The culture is welcoming, and teamwork is highly valued. It’s a motivating and rewarding workplace.
Commented in July 02, 2024
46
0
The office space is comfortable, and remote work options are available when needed. The day-to-day operations are well-organized, and expectations are clear. Management is transparent and communicates goals effectively. The workload is manageable, and teamwork is emphasized, so no one feels overwhelmed. The office environment is modern and conducive to productivity.
Commented in January 05, 2024
17
1

How L R Precision's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating L R Precision’s pay competitiveness. Click on a company for a deeper dive.

Is L R Precision’s Pay Competitive? Salary Benchmarking Analysis

How does L R Precision'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
LAVELLE MACHINE $74,851
+17.5%
Influenced by prevailing union wage agreements specific to LAVELLE MACHINE's sector.
LAWRUK MACHINE & TOOL COMPANY, INC. $64,252
+0.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
LUSK QUALITY MACHINE PRODUCTS INC $76,228
+19.6%
Data suggests LUSK QUALITY MACHINE PRODUCTS INC's workforce skews heavily towards veteran, high-tenure roles.
LYCRO PRODUCTS CO., INC. $65,582
+2.9%
Confirms LYCRO PRODUCTS CO., INC. is a direct competitor vying for the exact same talent pool.
All Industries Industry $120,093
+88.5%
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.

What Is the Cost of Living Near Lynchburg?

Understanding the cost of living near Lynchburg is key to truly evaluating a salary offer or your current compensation at L R Precision.
Lynchburg's Cost of Living Index is approximately 82.1 (17.9% less expensive than US average; 21.0% less than VA average). Central VA city (Liberty Univ.), affordable. GLTC. When planning your budget based on a salary from L R Precision, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of L R Precision salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,980 - $3,190+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About L R Precision

FAQ 1: How much does a L R Precision employee make?
L R Precision pays its employees an average of $63,726 per year. The average salary at L R Precision range from $55,921 to $72,514 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.
FAQ 2: Which similar company tend to pay more or less than L R Precision?
The salary at L R Precision is lesser than the similar company. The average annual salary at L R Precision is $63,726, or an hourly wage of $31, in comparison to LAVELLE MACHINE which pays $74,850 per year or $36 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at L R Precision?
In many roles at L R Precision, 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.
FAQ 4: How does the cost of living near Lynchburg affect the perceived value of a L R Precision salary?
Lynchburg's Cost of Living Index is approximately 82.1 (17.9% less expensive than US average; 21.0% less than VA average). This significantly impacts the purchasing power of a salary from L R Precision based there. Our "Cost of Living Insights for Lynchburg" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does L R Precision typically offer employees?
L R Precision 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 L R Precision" section on this page.

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