Mechanics Local 701 Training Fund Salary

Mechanics Local 701 Training Fund Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average annual salary for employees at Mechanics Local 701 Training Fund in the United States is $89,616. This translates to an approximate hourly wage of $43. Salaries at Mechanics Local 701 Training Fund typically range from $78,357 to $102,539 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mechanics Local 701 Training Fund Pay for Different Roles?

Explore detailed salary information for specific jobs at Mechanics Local 701 Training Fund. Based on our data, the highest paying job is the Director, Training, with an annual salary of $152,675. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Mechanics Local 701 Training Fund

Ready for your next career move? Explore current job openings at Mechanics Local 701 Training Fund. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Mechanics Local 701 Training Fund’s Pay Competitive? Salary Benchmarking Analysis

How does Mechanics Local 701 Training Fund'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
The Houstonian $86,451
-3.5%
Typical compensation structure for smaller regional agencies like The Houstonian.
National Benefits Programs $82,833
-7.6%
National Benefits Programs may offer non-monetary perks in lieu of competitive base salaries.
WPEC - Wisconsin Professional Employees Council $86,884
-3.0%
Normalized for lower cost-of-living zones where WPEC - Wisconsin Professional Employees Council primarily operates.
American Association for Homecare $95,111
+6.1%
Reflects structural premiums typical of American Association for Homecare's large-cap national operations.
Edu., Gov't. & Nonprofit Industry $115,341
+28.7%
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 Mechanics Local 701 Training Fund's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Mechanics Local 701 Training Fund. Click a company name to learn more.

Employee Reviews: Working at Mechanics Local 701 Training Fund

Considering a career at Mechanics Local 701 Training Fund? 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.
I deeply appreciate dedication to diversity, equity, and inclusion. Supportive culture with resources for both staff and student success. Leadership is generally supportive, and there are opportunities for ongoing training. The culture fosters empathy, hard work, and service.
Commented in April 15, 2025
34
0
There’s rarely pressure to overperform, but little recognition for going above expectations. Leadership is approachable and encourages innovation, while employees enjoy flexible work schedules and a culture focused on respect and collaboration. Management trusts us to do our work well, and communication is direct, respectful, and effective. Wellness programs and flexible work schedules promote wor...
Commented in April 15, 2025
35
3
Clear goals and open communication. Leadership is approachable, and I’ve found opportunities to advance internally. Great communication from top to bottom. They’re respectful of time and handle requests thoroughly. A steady role with little disruption. Employees have access to ongoing training, career advancement, and wellness programs, which help maintain a healthy work-life balance and a motivat...
Commented in March 16, 2025
20
2

Mechanics Local 701 Training Fund Overview

Website
www.local701training.org
Founded In
1954
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
450 Gundersen Dr Carol Stream Illinois IL 60188
Revenue
<$5 Million
Phone Number
+1 7085887515
Social Media
About Mechanics Local 701 Training Fund
The Mechanics Local 701 Training Fund is a United States Department of Labor supervised labor/management apprenticeship and training program founded in 2010. The Fund is subject to compliance with benefit requirements of the Employee Retirement Income Security Act of 1974 (ERISA); and, a United States Treasury Department Internal Revenue Service recognized 501(c)(3) tax exempt educational trust. C

What Benefits Does Mechanics Local 701 Training Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mechanics Local 701 Training Fund 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)
Work at Mechanics Local 701 Training Fund?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

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 Mechanics Local 701 Training Fund.
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 Mechanics Local 701 Training Fund, 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 Mechanics Local 701 Training Fund 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 Mechanics Local 701 Training Fund

1. What is the typical salary range (low to high) for most roles at Mechanics Local 701 Training Fund?

The typical annual salary range for most roles at Mechanics Local 701 Training Fund is approximately from $78,357 to $102,539. 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 Mechanics Local 701 Training Fund pay compared to The Houstonian?

The average annual salary at Mechanics Local 701 Training Fund is $89,616, or an hourly wage of $43, in comparison to The Houstonian which pays $86,451 per year or $42 per hour.

3. Do salaries differ significantly between departments at Mechanics Local 701 Training Fund?

Yes, salaries often differ between departments at Mechanics Local 701 Training Fund 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 Mechanics Local 701 Training Fund?

Experience level is a significant factor in determining salary at Mechanics Local 701 Training Fund, 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 Mechanics Local 701 Training Fund in Chicago is fair given the local cost of living?

To determine if a salary offer from Mechanics Local 701 Training Fund in Chicago is fair, first compare the gross salary to our data for similar roles at Mechanics Local 701 Training Fund 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 the salaries listed for Mechanics Local 701 Training Fund on Salary.com pre-tax or after-tax?

All salary figures displayed for Mechanics Local 701 Training Fund, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning