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Mastel Precision Salary

Mastel Precision Salary

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As of September 2026, the average annual salary for employees at Mastel Precision in the United States is $81,726. This translates to an approximate hourly wage of $39. Salaries at Mastel Precision typically range from $71,998 to $92,283 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mastel Precision Pay for Different Roles?

Explore detailed salary information for specific jobs at Mastel Precision. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $632,630. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Mastel Precision’s Pay Competitive? Salary Benchmarking Analysis

How does Mastel 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
EO2 Concepts $90,249
+10.4%
Reflects a supply-demand imbalance for the specific talent EO2 Concepts targets.
Copernicus Therapeutics Inc $93,856
+14.8%
Influenced by prevailing union wage agreements specific to Copernicus Therapeutics Inc's sector.
ECM Therapeutics Inc $92,010
+12.6%
Data suggests ECM Therapeutics Inc's workforce skews heavily towards veteran, high-tenure roles.
Myndlift $115,944
+41.9%
Adjusted for higher cost-of-living indices in Myndlift's primary metro hubs.
Biotechnology Industry $130,524
+59.7%
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 Mastel Precision's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Mastel Precision

Considering a career at Mastel Precision? 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.
This biotech firm offers robust benefits, competitive salaries, and excellent health coverage. The research environment is rigorous, yet open to new ideas. Ample support for scientific creativity and risk-taking. Coworkers are professional but often keep to themselves.
Commented in April 09, 2025
34
3
The company's global reach and impact are truly impressive, and it feels good to be contributing to advancements that will benefit millions. Training programs exist and always emphasized. Benefits are good and it is industry-leading. The company has earned a strong and positive reputation within the biotechnology industry, and I'm genuinely proud to say I work here among such talented, passionate,...
Commented in July 10, 2024
32
1
The pace of work is steady, which some may find calming and others may find uninspiring. They encourage continuous learning through training and conferences. Proud to be here. Exciting pipeline and visionary leadership.
Commented in January 31, 2024
31
1

Mastel Precision Overview

Website
www.mastel.com
Founded In
1981
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
2843 Samco Rd Rapid City South Dakota SD 57702
Revenue
<$5 Million
Phone Number
+1 8006578057
Social Media
About Mastel Precision
Mastel Precision has been involved exclusively in the design and production of ophthalmic surgical instrumentation for more than 25 years. Our founder, Doug Mastel, is a metallurgical engineer by training. Our staff is very experienced, with senior craftsmen each having more than a decade of experience with our firm. Management is strong and an emphasis on Quality Systems Implementation is well un

What Benefits Does Mastel Precision Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mastel Precision 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 Rapid City?

Understanding the cost of living near Rapid City is key to truly evaluating a salary offer or your current compensation at Mastel Precision.
Rapid City's Cost of Living Index is approximately 94.7 (5.3% less expensive than US average; 1.6% more than SD average). Western SD city (Black Hills, Ellsworth AFB), housing near US avg. RapidRide. When planning your budget based on a salary from Mastel Precision, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Mastel Precision salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 (RapidRide monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,225 - $3,675+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mastel Precision

1. What is the typical salary range (low to high) for most roles at Mastel Precision?

The typical annual salary range for most roles at Mastel Precision is approximately from $71,998 to $92,283. 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. How much does Mastel Precision pay compared to EO2 Concepts?

The average annual salary at Mastel Precision is $81,726, or an hourly wage of $39, in comparison to EO2 Concepts which pays $90,249 per year or $43 per hour.

3. Do salaries differ significantly between departments at Mastel Precision?

Yes, salaries often differ between departments at Mastel Precision due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Mastel Precision?

Experience level is a significant factor in determining salary at Mastel Precision, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Mastel Precision in Rapid City is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Mastel Precision?

Several key factors influence salary levels at Mastel Precision. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Mastel Precision likely benchmarks its salaries against other companies in the Biotechnology sector. You can explore how these factors play out in our detailed salary data.

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