MFPT Society Salary

As of September 2026, the average annual salary for employees at MFPT Society in the United States is $115,996. This translates to an approximate hourly wage of $56. Salaries at MFPT Society typically range from $101,807 to $131,487 annually, reflecting the diverse roles and experience levels within the company.

How Much Does MFPT Society Pay for Different Roles?

Explore detailed salary information for specific jobs at MFPT Society. Based on our data, the highest paying job is the Executive Assistant, with an annual salary of $93,041. The table below outlines the annual salary ranges for most popular roles within the company.
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Is MFPT Society’s Pay Competitive? Salary Benchmarking Analysis

How does MFPT Society'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
BackStage Theatre Co $113,686
-2.0%
Suggests BackStage Theatre Co utilizes a highly similar base-plus-benefits compensation model.
The Fairbanks Institute $104,710
-9.7%
The Fairbanks Institute operates with a leaner overhead structure, impacting base wage offers.
Porsche Consulting $109,435
-5.7%
Porsche Consulting likely leverages performance bonuses over the high base salary shown here.
Easybiz Ltd $126,017
+8.6%
Driven by niche technical certifications required for Easybiz Ltd's specialized projects.
Business Services Industry $120,931
+4.3%
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 MFPT Society

Considering a career at MFPT Society? 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.
Communication is decent, and work is stable, but excitement is low. While management is generally supportive, career advancement. Even with senior executives make regular efforts to communicate company strategy through town halls, newsletters, and open Q&A sessions. I'm excited about the company's growth trajectory and the opportunities that come with it.
The health insurance options are comprehensive, retirement matching is generous, and there are unique perks like wellness reimbursements and employee assistance programs. The company’s internal systems are efficient, and support services are responsive. We are always encouraged to find better ways of working. People are focused on collaborating to achieve common goals, not on personal agendas. Man...
The leadership truly listens and acts. The company offers wellness stipends that can be used for gym memberships or other health-related activities. While that’s a plus for reliability, it sometimes feels uninspired. Leadership listens to employees, promotes growth opportunities, and encourages collaboration. The commitment to ethical financial practices here is unwavering, creating a strong sense...
This kind of leadership makes a significant positive impact on the entire workforce and culture. Employees have opportunities to move into different roles based on performance. They are always receptive and take the time to listen. The interview process was a great reflection of the company culture: respectful, professional, and transparent. The benefits are adequate, and the work-life balance is ...
Impressed by their organized processes and consistent results. Colleagues are professional but rarely engage beyond work tasks. It’s an environment where people can grow and feel supported. Helpful coworkers and transparent goals. Having a leader who actively supports your career and well-being is a huge asset and contributes significantly to my job satisfaction.

MFPT Society Overview

Website
www.mfpt.org
Founded In
1968
Employees
1,000 - 3,000 employees
Industry
Business Services
Headquarter Address
2625 Butterfield Rd Oak Brook Illinois IL 60523
Revenue
$50 Million - $200 Million
Phone Number
+1 6306542254
Social Media
About MFPT Society
MFPT is a non-profit professional society with a half-decade long legacy of promoting failure prevention technology. An interdisciplinary technical organization, MFPT is strongly oriented towards the practical application of health management across every engineering sphere. The MFPT community includes professional scientists, engineers, failure analysts, maintenance specialists and others who rep

What Benefits Does MFPT Society Offer Beyond Salary?

A competitive compensation package is more than just a salary. MFPT Society 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 MFPT Society.
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 MFPT Society, 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 MFPT Society 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 MFPT Society

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

The typical annual salary range for most roles at MFPT Society is approximately from $101,807 to $131,487. 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 MFPT Society pay compared to BackStage Theatre Co?

The average annual salary at MFPT Society is $115,996, or an hourly wage of $56, in comparison to BackStage Theatre Co which pays $113,686 per year or $55 per hour.

3. How does experience level affect salary at MFPT Society?

Experience level is a significant factor in determining salary at MFPT Society, 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.

4. How can I determine if a salary offer from MFPT Society in Chicago is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at MFPT Society?

Several key factors influence salary levels at MFPT Society. 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: MFPT Society likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.