Methode Power Solutions Group Salary

As of April 2026, the average annual salary for employees at Methode Power Solutions Group in the United States is $96,472. This translates to an approximate hourly wage of $46. Salaries at Methode Power Solutions Group typically range from $84,946 to $108,892 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Methode Power Solutions Group

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Is Methode Power Solutions Group’s Pay Competitive? Salary Benchmarking Analysis

How does Methode Power Solutions Group'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
PanelTEK LLC $87,443
-9.4%
PanelTEK LLC focuses strategically on recruiting and training entry-level apprentices.
Kahlenberg Industries Inc $87,654
-9.1%
Typical compensation structure for smaller regional agencies like Kahlenberg Industries Inc.
Research| Manufacturing Co $85,681
-11.2%
Normalized for lower cost-of-living zones where Research| Manufacturing Co primarily operates.
Special Mine Services Inc $84,584
-12.3%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+26.2%
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 Methode Power Solutions Group

Considering a career at Methode Power Solutions Group? 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've taken part in several skills development workshops and internal certification programs. This organization offers a stable work environment with a strong emphasis on safety and quality control. What stands out is the culture of mutual respect across all levels and departments. Communication is average, with occasional lapses. The company culture is professional but may feel rigid and hierarchi...
High-quality production with consistent results every time. Benefits are decent, and the work atmosphere is upbeat. Competitive pay and benefits motivate employees. Some roles involve more sitting or standing than expected. From day one, I was welcomed, trained well, and respected. This company provides a consistent work routine. The shift schedule is consistent but rigid.
The company supports ongoing training and skill development, ensuring long-term success for both employees and clients. A clean, safe facility with well-maintained equipment. You’re given responsibility and support at the same time.

Methode Power Solutions Group Overview

Website
www.methodepowersolutions.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1700 Hicks Rd Rolling Meadows Illinois IL 60008
Revenue
$5 Million - $10 Million
Phone Number
+1 8475779545
Social Media
About Methode Power Solutions Group
When reliability, efficiency and performance are critical, design engineers and OEMs partner with Methode Power Solutions Group to develop and deliver the power technologies they require. For over 35 years, we have developed new solutions to empower our customers products utilizing our broad combination of technologies and capabilities. Thermal & Electrical Modeling Using our CAE/CAD tools, Method

What Benefits Does Methode Power Solutions Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Methode Power Solutions Group 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 Methode Power Solutions Group.
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 Methode Power Solutions Group, 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 Methode Power Solutions Group 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 Methode Power Solutions Group

1. What is the average salary for employees at Methode Power Solutions Group?

The average annual total compensation for employees at Methode Power Solutions Group is approximately $96,472. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,946 to $108,892, depending on factors like job role, experience, and location.

2. How much does Methode Power Solutions Group pay compared to PanelTEK LLC?

The average annual salary at Methode Power Solutions Group is $96,472, or an hourly wage of $46, in comparison to PanelTEK LLC which pays $87,443 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Methode Power Solutions Group?

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 Methode Power Solutions Group for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Methode Power Solutions Group offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Methode Power Solutions Group, 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.

5. What's the typical process for salary reviews and raises at Methode Power Solutions Group?

Most companies, likely including Methode Power Solutions Group, 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.