MB Steel Co Salary

As of August 2026, the average annual salary for employees at MB Steel Co in the United States is $89,668. This translates to an approximate hourly wage of $43. Salaries at MB Steel Co typically range from $78,861 to $101,392 annually, reflecting the diverse roles and experience levels within the company.

How Much Does MB Steel Co Pay for Different Roles?

Explore detailed salary information for specific jobs at MB Steel Co. Based on our data, the highest paying job is the President, with an annual salary of $694,113. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at MB Steel Co

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

Is MB Steel Co’s Pay Competitive? Salary Benchmarking Analysis

How does MB Steel Co'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
Tempered and Specialty Metals $91,135
+1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
CF & I STEEL Corp $110,448
+23.2%
Supported by CF & I STEEL Corp's high-margin contracts allowing higher overhead.
Preferred Nation Inc $98,961
+10.4%
Data suggests Preferred Nation Inc's workforce skews heavily towards veteran, high-tenure roles.
Office of National Drug Control Policy $100,216
+11.8%
Reflects structural premiums typical of Office of National Drug Control Policy's large-cap national operations.
Retail & Wholesale Industry $123,318
+37.5%
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 MB Steel Co

Considering a career at MB Steel Co? 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.
Benefits like health insurance and performance bonuses are appreciated. The Retail side is busy but rewarding, and the company offers good perks. Great leadership and clear communication make this company stand out. I highly recommend this company to anyone in retail.
The company culture is welcoming and inclusive. Management is supportive and encourages career growth. The company has a strong reputation in the retail and wholesale industry, and it’s clear why—employees are treated well. The company culture is professional, though not overly social, which suits some employees more than others. I’ve enjoyed my time here and appreciate the collaborative spirit. T...
The company offers competitive pay, flexible scheduling, and a supportive team environment. A supportive workplace with a focus on collaboration. The company also organizes volunteer events, which adds a sense of purpose. The team is professional, though not overly social.

MB Steel Co Overview

Website
www.mbsteel.com
Founded In
1998
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
9 Fox Industrial Dr Madison Illinois IL 62060
Revenue
<$5 Million
Phone Number
+1 6188777000
Social Media
About MB Steel Co
Since 1998, MB Steel has provided custom steel fabrication services for a variety of commercial and industrial clients. Our spacious 100,000 square foot facility houses a multi-million dollar investment in the latest cutting-edge metal fabrication technology. From steel cutting to welding, cnc machining, and assembly, we can accommodate short run and high volume production. MB Steel prides itself

What Benefits Does MB Steel Co Offer Beyond Salary?

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

1. What is the estimated average total compensation at MB Steel Co?

Salary.com estimates that the average total compensation package at MB Steel Co, which can include base salary, potential bonuses, and benefits, is around $89,668 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does MB Steel Co pay compared to Tempered and Specialty Metals?

The average annual salary at MB Steel Co is $89,668, or an hourly wage of $43, in comparison to Tempered and Specialty Metals which pays $91,135 per year or $44 per hour.

3. Do salaries differ significantly between departments at MB Steel Co?

Yes, salaries often differ between departments at MB Steel Co 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at MB Steel Co?

Salary progression from an entry-level to a senior role at MB Steel Co 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.

5. How can I determine if a salary offer from MB Steel Co in Chicago is fair given the local cost of living?

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

6. Are promotions at MB Steel Co usually accompanied by a significant salary increase?

Yes, promotions at MB Steel Co 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.