Mgb Engineering Company Salary

As of October 2026, the average annual salary for employees at Mgb Engineering Company in the United States is $79,322. This translates to an approximate hourly wage of $38. Salaries at Mgb Engineering Company typically range from $69,759 to $90,001 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mgb Engineering Company Pay for Different Roles?

Explore detailed salary information for specific jobs at Mgb Engineering Company. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

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About Mgb Engineering Company: Company Profile

Website
www.mgbengineering.com
Founded In
1975
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
ELK GROVE VILLAGE
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Mgb Engineering Company's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The shift scheduling is fair and accommodates personal needs when possible. The work environment is professional but sometimes bureaucratic and resistant to change. There are plenty of opportunities for internal growth, and teamwork is strongly encouraged. Work environment is stable with typical benefits, though some employees find communication between departments inconsistent.
This company stands out for its commitment to quality and continuous improvement, not just in its products but also in its employee welfare. Overtime is occasionally required, affecting personal time. Coupled with a strong safety record and opportunities for skill development, it’s a manufacturing company I am proud to recommend as a fantastic employer that truly cares.
Benefits are standard, offering health insurance and retirement plans but lacking extras. The culture is professional but occasionally bureaucratic, limiting rapid changes or innovation. Training is offered but can lack customization. Promotions occur but are infrequent. Safety culture is exceptional - incidents are rare and always used as learning opportunities. They clearly invest in maintaining...
Overtime is occasionally necessary during high production demands. I’m proud to be part of this team. across multiple facilities, there's a strong culture of safety, quality and teamwork. Everyone pulls together to meet production goals.

How Mgb Engineering Company's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Mgb Engineering Company’s pay competitiveness. Click on a company for a deeper dive.

Is Mgb Engineering Company’s Pay Competitive? Salary Benchmarking Analysis

How does Mgb Engineering Company'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
MILLER MOLD CO $69,770
-12.0%
MILLER MOLD CO may offer non-monetary perks in lieu of competitive base salaries.
MARTELLISOLUTIONS $68,304
-13.9%
Reflects market rates for standard general contracting, differing from specialized roles.
MODBOT $93,405
+17.8%
Supported by MODBOT's high-margin contracts allowing higher overhead.
MIXMOR $84,389
+6.4%
Adjusted for higher cost-of-living indices in MIXMOR's primary metro hubs.
MFG Durable Industry $121,746
+53.5%
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.

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 Mgb Engineering Company.
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 Mgb Engineering Company, 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 Mgb Engineering Company 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.

Most Common Questions About Mgb Engineering Company

FAQ 1: What is the typical salary range (low to high) for most roles at Mgb Engineering Company?
The typical annual salary range for most roles at Mgb Engineering Company is approximately from $69,759 to $90,001. 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.
FAQ 2: How much does Mgb Engineering Company pay compared to MILLER MOLD CO?
The average annual salary at Mgb Engineering Company is $79,322, or an hourly wage of $38, in comparison to MILLER MOLD CO which pays $69,770 per year or $34 per hour.
FAQ 3: How does experience level affect salary at Mgb Engineering Company?
Experience level is a significant factor in determining salary at Mgb Engineering Company, 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.
FAQ 4: How can I determine if a salary offer from Mgb Engineering Company in Chicago is fair given the local cost of living?
To determine if a salary offer from Mgb Engineering Company in Chicago is fair, first compare the gross salary to our data for similar roles at Mgb Engineering Company and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Mgb Engineering Company?
Salary increases at Mgb Engineering Company are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.