LB Steel Salary

LB Steel Salary

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As of July 2026, the average annual salary for employees at LB Steel in the United States is $99,162. This translates to an approximate hourly wage of $48. Salaries at LB Steel typically range from $87,273 to $112,050 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at LB Steel

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

Is LB Steel’s Pay Competitive? Salary Benchmarking Analysis

How does LB Steel'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
Parkview Metal Products LLC $101,187
+2.0%
Confirms Parkview Metal Products LLC is a direct competitor vying for the exact same talent pool.
Advance Mfg Co. Inc $104,689
+5.6%
Driven by niche technical certifications required for Advance Mfg Co. Inc's specialized projects.
Rockland Flooring $98,233
-0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Thermalex Inc $89,183
-10.1%
Normalized for lower cost-of-living zones where Thermalex Inc primarily operates.
MFG Durable Industry $121,746
+22.8%
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 LB Steel's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at LB Steel

Considering a career at LB Steel? 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 culture values hard work, and recognition is given where it’s due. The environment is professional but can feel hierarchical, limiting innovation and flexibility in some areas. The company follows procedures well, and everything is fairly consistent. I’m proud to be part of this team.
Commented in February 24, 2025
50
1
It’s a fast-paced environment, but leadership ensures we have what we need to succeed. Performance expectations are fair, but the pace can drag during seasons. Their commitment to lean principles, efficiency, and continuous improvement sets a high standard. This company provides a consistent work routine. Pay is fair, and hours are reliable. Daily tasks are manageable, and the environment is clean...
Commented in December 13, 2024
24
1
What makes this manufacturer special is its ability to combine large-scale production with attention to detail. Management follows protocol, but there’s limited innovation unless upper leadership initiates change. The blend of skilled tradespeople and advanced automation creates an exciting work environment. Resources for our work are industry-leading, from tools to safety equipment.
Commented in January 27, 2024
19
3

LB Steel Overview

Website
www.lbsteel.com
Founded In
2001
Employees
200 - 500 employees
Industry
MFG Durable
Headquarter Address
15700 Lathrop Ave Harvey Illinois IL 60426
Revenue
$10 Million - $50 Million
Phone Number
+1 7083312600
Social Media
About LB Steel
LB Steel is dedicated to innovation in our process technologies, employee skills, and equipment. We do this to give our customers a competitive edge, as well as to deliver a product to our customer that meets or exceeds expectations. Our engineers and technical staff, supported by management, strive to be at the forefront of new technologies in our industries, and implement these as soon as they a

What Benefits Does LB Steel Offer Beyond Salary?

A competitive compensation package is more than just a salary. LB Steel 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 LB Steel.
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 LB Steel, 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 LB Steel 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 LB Steel

1. What is the average salary for employees at LB Steel?

The average annual total compensation for employees at LB Steel is approximately $99,162. However, this is an aggregate figure, actual salaries can range significantly, typically from $87,273 to $112,050, depending on factors like job role, experience, and location.

2. How much does LB Steel pay compared to Parkview Metal Products LLC?

The average annual salary at LB Steel is $99,162, or an hourly wage of $48, in comparison to Parkview Metal Products LLC which pays $101,187 per year or $49 per hour.

3. What is the lowest salary at LB Steel?

The lowest-paying job at LB Steel is a Project Manager with a salary of $105,133 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 LB Steel?

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 LB Steel for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

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

While some companies offer formal COLA, many, including potentially LB Steel, 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 LB Steel?

Most companies, likely including LB Steel, 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.

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