Salary AI Book a Demo
Lathrup Industries Inc Salary

Lathrup Industries Inc Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of September 2026, the average annual salary for employees at Lathrup Industries Inc in the United States is $90,565. This translates to an approximate hourly wage of $44. Salaries at Lathrup Industries Inc typically range from $79,769 to $102,197 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lathrup Industries Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Lathrup Industries Inc. Based on our data, the highest paying job is the Design Engineer, with an annual salary of $110,621. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Lathrup Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lathrup Industries 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
Cover Technologies Inc $99,425
+9.8%
Influenced by prevailing union wage agreements specific to Cover Technologies Inc's sector.
ATLANTA Drive Systems Inc $99,330
+9.7%
Reflects structural premiums typical of ATLANTA Drive Systems Inc's large-cap national operations.
IBOCO Corp $97,843
+8.0%
Driven by niche technical certifications required for IBOCO Corp's specialized projects.
Lange Containment Systems Inc $88,656
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
MFG Durable Industry $121,746
+34.4%
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 Lathrup Industries Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lathrup Industries Inc

Considering a career at Lathrup Industries 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.
Whether you're in production, maintenance, or logistics, there’s room to grow and innovate. What I appreciate most is the emphasis on safety. You know what to expect, and policies are applied evenly. Career advancement opportunities exist but are limited and competitive.
Commented in February 27, 2025
9
1
I appreciate how leadership is invested in process efficiency and sustainability. The HR team made onboarding smooth, and my supervisor is approachable and communicative. The facilities are impressively maintained, creating a professional work environment. Training is decent but basic. The focus on producing quality work is high, but the pressure is never overwhelming. The company's focus on susta...
Commented in November 11, 2024
14
1
The teamwork at this manufacturing plant is exceptional. Work-life balance is surprisingly good. Equipment is modern and frequently updated.
Commented in March 31, 2024
10
3

Lathrup Industries Inc Overview

Website
www.lathrupindustries.com
Founded In
1957
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
42300 W 9 Mile Rd Novi Michigan MI 48375
Revenue
<$5 Million
Phone Number
+1 2483491009
Social Media
About Lathrup Industries Inc
For over 50 years we at Lathrup industries have taken pride in our small company mentality, which remains a driving force for our flexibility and ingenuity. We have created successful relationships manufacturing material handling solutions to systems integrators, original equipment manufacturers, and distributors. You'll find our high quality conveyors and conveyor components in every industry in

What Benefits Does Lathrup Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lathrup Industries 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 Lathrup Industries Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Novi?

Understanding the cost of living near Novi is key to truly evaluating a salary offer or your current compensation at Lathrup Industries Inc.
Novi's Cost of Living Index is approximately 106.1 (6.1% more expensive than US average; 16.2% more than MI average). Affluent Detroit suburb (Oakland Co.), high housing costs, major retail. SMART bus. When planning your budget based on a salary from Lathrup Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,350 - $1,900+ A significant portion of Lathrup Industries Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,690 - $4,140+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lathrup Industries Inc

1. How much does Lathrup Industries Inc in the United States pay?

Lathrup Industries Inc pays its employees an average of $90,565 per year. The average salary at Lathrup Industries Inc range from $79,769 to $102,197 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. Do Lathrup Industries Inc employees get a higher salary than its peer company?

The salary at Lathrup Industries Inc is lesser than its peer company. The average annual salary at Lathrup Industries Inc is $90,565, or an hourly wage of $44, in comparison to Cover Technologies Inc which pays $99,425 per year or $48 per hour.

3. What are the highest paying jobs at Lathrup Industries Inc?

The higher-paying job at Lathrup Industries Inc, according to our data, include Design Engineer (avg. $110,621 per year), Office Manager (avg. $70,249 per year), and Assistant Analyst (avg. $65,977 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Lathrup Industries Inc?

Salary progression with years of experience at Lathrup Industries Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Lathrup Industries Inc vary by office location?

Yes, it's very likely that salaries at Lathrup Industries Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Novi section provides more context.

6. Does Lathrup Industries Inc offer good benefits?

Lathrup Industries Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Lathrup Industries Inc" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning