Midaco Corp Salary

Midaco Corp Salary

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As of April 2026, the average annual salary for employees at Midaco Corp in the United States is $79,430. This translates to an approximate hourly wage of $38. Salaries at Midaco Corp typically range from $69,854 to $90,133 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Midaco Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Midaco Corp. 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

Ready for your next career move? Explore current job openings at Midaco Corp.
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About Midaco Corp: Company Profile

Website
www.midaco-corp.com
Founded In
1969
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
ELK GROVE VILLAGE
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MIDACO CORP
Since 1969, MIDACO has been a leading manufacturer of quality products which increase productivity for machining companies worldwide. We strive to be the premier innovator in the designing and manufacturing of Automatic and Manual Pallet Change Systems, Automatic Door Openers and other accessories for the machining industry. MIDACO products improve efficiency in all aspects of manufacturing includ

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Midaco Corp's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Management is transparent and communicates effectively with the employees. Seeing our products ship to satisfied customers worldwide makes every day rewarding. It’s a good starting point, not a long-term goal. Employees are encouraged to participate in continuous improvement programs and cross-functional training. This blend of respecting seasoned knowledge and embracing fresh perspectives creates...
Commented in February 14, 2025
25
0
This company is dedicated to fostering a culture of collaboration and continuous learning. Team environment is great and communication is strong across departments. They also foster a great team dynamic where everyone pulls together. Reliable equipment reduces unexpected breakdowns and delays. There’s minimal stress if you follow procedures. Advancement exists, though it may take time.
Commented in September 25, 2024
9
3
You can tell the company invests in both technology and people, which keeps work efficient and safe. Career advancement opportunities are encouraged and supported. Clear communication from leadership fosters trust and transparency.
Commented in January 28, 2024
44
1

How Midaco Corp's Salaries Compare to Similar Companies?

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

Is Midaco Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Midaco Corp'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
MINI-FLEX $81,261
+2.3%
Suggests MINI-FLEX utilizes a highly similar base-plus-benefits compensation model.
MARLO MANUFACTURING CO INC $86,524
+8.9%
Data suggests MARLO MANUFACTURING CO INC's workforce skews heavily towards veteran, high-tenure roles.
OCONEE MACHINE $71,011
-10.6%
OCONEE MACHINE operates with a leaner overhead structure, impacting base wage offers.
FERRY INDUSTRIES, INC. $72,088
-9.2%
Normalized for lower cost-of-living zones where FERRY INDUSTRIES, INC. primarily operates.
MFG Durable Industry $121,746
+53.3%
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.

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 Midaco Corp.
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 Midaco Corp, 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 Midaco Corp 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 Midaco Corp

FAQ 1: What is the typical salary range (low to high) for most roles at Midaco Corp?
The typical annual salary range for most roles at Midaco Corp is approximately from $69,854 to $90,133. 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 Midaco Corp pay compared to MINI-FLEX?
The average annual salary at Midaco Corp is $79,430, or an hourly wage of $38, in comparison to MINI-FLEX which pays $81,261 per year or $39 per hour.
FAQ 3: How does experience level affect salary at Midaco Corp?
Experience level is a significant factor in determining salary at Midaco Corp, 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 Midaco Corp in Chicago is fair given the local cost of living?
To determine if a salary offer from Midaco Corp in Chicago is fair, first compare the gross salary to our data for similar roles at Midaco Corp 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 are the key factors that influence salary levels at Midaco Corp?
Several key factors influence salary levels at Midaco Corp. 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: Midaco Corp likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.

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