LMT Inc Salary

As of July 2026, the average annual salary for employees at LMT Inc in the United States is $83,192. This translates to an approximate hourly wage of $40. Salaries at LMT Inc typically range from $73,272 to $93,869 annually, reflecting the diverse roles and experience levels within the company.

How Much Does LMT Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at LMT Inc. Based on our data, the highest paying job is the President & Owner, with an annual salary of $375,672. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at LMT Inc

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

Is LMT Inc’s Pay Competitive? Salary Benchmarking Analysis

How does LMT 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
Simply Luxe LLC $85,734
+3.1%
Reflects structural premiums typical of Simply Luxe LLC's large-cap national operations.
Fryfogle Manufacturing Inc $79,574
-4.4%
Normalized for lower cost-of-living zones where Fryfogle Manufacturing Inc primarily operates.
Glentronics Inc $90,491
+8.8%
Driven by niche technical certifications required for Glentronics Inc's specialized projects.
Cojali USA Inc $91,968
+10.5%
Reflects a supply-demand imbalance for the specific talent Cojali USA Inc targets.
MFG Durable Industry $121,746
+46.3%
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 LMT Inc

Considering a career at LMT 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.
It provides a sense of direction and purpose in our daily tasks. The emphasis on safety and efficiency keeps morale high. We are regularly updated on company news and our feedback is actively sought and implemented. Production targets are realistic. The environment is stable, and it is somehow especially inspiring.
Managers keep lines of communication open, and hard work doesn’t go unnoticed. I’ve been promoted twice in five years because they reward performance and initiative. I'm proud to be part of a manufacturing company that not only excels in its industry but also takes great care of its employees. Equipment is modern and frequently updated. Everyone pulls together to meet production goals.
I appreciate the opportunities for learning new skills on the production floor and the emphasis on safety, which is always a top priority. It’s fine for steady work without much variation. Promotions occur but are infrequent. There’s minimal innovation, but the company functions reliably. The competitive pay and solid benefits are also a significant plus, contributing to overall job satisfaction a...

LMT Inc Overview

Website
www.lmtmfg.com
Founded In
1984
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1105 SE 2nd St Galva Illinois IL 61434
Revenue
$5 Million - $10 Million
Phone Number
+1 3099323311
Social Media
About LMT Inc
LMT is an industrial vacuum equipment manufacturer located in Galva, IL. LMT manufactures vacuum tanks for septic service, portable sanitation, waste oil collection and other uses under the VAXTEEL brand name. We build, sell, and service a wide variety of custom vacuum equipment. LMT also manufactures a line of hydro excavation equipment under the SMART-DIG brand name.

What Benefits Does LMT Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. LMT 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)
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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 LMT Inc.
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 LMT Inc, 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 LMT Inc 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 LMT Inc

1. What is the average salary for employees at LMT Inc?

The average annual total compensation for employees at LMT Inc is approximately $83,192. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,272 to $93,869, depending on factors like job role, experience, and location.

2. How much does LMT Inc pay compared to Simply Luxe LLC?

The average annual salary at LMT Inc is $83,192, or an hourly wage of $40, in comparison to Simply Luxe LLC which pays $85,734 per year or $41 per hour.

3. What is the lowest salary at LMT Inc?

The lowest-paying job at LMT Inc is a Medical Billing Specialist with a salary of $35,345 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 LMT Inc?

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

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

While some companies offer formal COLA, many, including potentially LMT Inc, 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 LMT Inc?

Most companies, likely including LMT Inc, 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.