Locomotive Engineers, Ibt Division Salary

Locomotive Engineers, Ibt Division Salary

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As of August 2026, the average annual salary for employees at Locomotive Engineers, Ibt Division in the United States is $89,046. This translates to an approximate hourly wage of $43. Salaries at Locomotive Engineers, Ibt Division typically range from $78,229 to $100,819 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Locomotive Engineers, Ibt Division

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

Is Locomotive Engineers, Ibt Division’s Pay Competitive? Salary Benchmarking Analysis

How does Locomotive Engineers, Ibt Division'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
itm Meerschaum Co $99,605
+11.9%
Reflects structural premiums typical of itm Meerschaum Co's large-cap national operations.
Billie Kay Caldwell $88,097
-1.1%
Confirms Billie Kay Caldwell is a direct competitor vying for the exact same talent pool.
Acumen Medical Staffing $97,421
+9.4%
Adjusted for higher cost-of-living indices in Acumen Medical Staffing's primary metro hubs.
CGP Printing Apparel Fulfillment Distribution $89,236
+0.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Business Services Industry $120,931
+35.8%
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 Locomotive Engineers, Ibt Division's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Locomotive Engineers, Ibt Division

Considering a career at Locomotive Engineers, Ibt Division? 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 experience was inconsistent though never problematic. I’ve had access to a wide range of training and career development programs, and internal mobility is encouraged. The leadership team is accessible and genuinely inspiring. Benefits are average and consistent with industry standards. They encourage professional and personal development.
Commented in April 29, 2025
40
3
Standard business solutions. Processes are efficient, but the workplace feels overly formal. Leadership communicates well and promotes from within.
Commented in July 23, 2024
33
3
There’s a clear structure and minimal surprises. If an idea doesn't pan out, we analyze what went wrong and apply those lessons to future projects. This is a good place to build foundational skills and learn about the industry. It feels like we are building something special together. Management is very understanding and supportive of personal commitments. The onboarding process was seamless, and ...
Commented in July 04, 2024
24
3
Strong communication across all teams. Encouraging feedback from management. I love the inclusive culture. Opportunities for growth exist, but they require initiative and aren't easily visible. My manager is a fantastic advocate for me and my team.
Commented in March 30, 2024
22
1

Locomotive Engineers, Ibt Division Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
4774 Louis Ct Saginaw Minnesota MN 55779
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Locomotive Engineers, Ibt Division
Locomotive Engineers, Ibt Division is a company that operates in the Mechanical or Industrial Engineering industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Saginaw, Minnesota.

What Benefits Does Locomotive Engineers, Ibt Division Offer Beyond Salary?

A competitive compensation package is more than just a salary. Locomotive Engineers, Ibt Division 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Locomotive Engineers, Ibt Division.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Locomotive Engineers, Ibt Division, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Locomotive Engineers, Ibt Division salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Locomotive Engineers, Ibt Division

1. What is the estimated average total compensation at Locomotive Engineers, Ibt Division?

Salary.com estimates that the average total compensation package at Locomotive Engineers, Ibt Division, which can include base salary, potential bonuses, and benefits, is around $89,046 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Locomotive Engineers, Ibt Division pay compared to itm Meerschaum Co?

The average annual salary at Locomotive Engineers, Ibt Division is $89,046, or an hourly wage of $43, in comparison to itm Meerschaum Co which pays $99,605 per year or $48 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Locomotive Engineers, Ibt Division?

Salary progression from an entry-level to a senior role at Locomotive Engineers, Ibt Division can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Locomotive Engineers, Ibt Division in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Locomotive Engineers, Ibt Division in Minneapolis is fair, first compare the gross salary to our data for similar roles at Locomotive Engineers, Ibt Division and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

5. Are promotions at Locomotive Engineers, Ibt Division usually accompanied by a significant salary increase?

Yes, promotions at Locomotive Engineers, Ibt Division are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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