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Mn Component Engineering Co Salary

Mn Component Engineering Co Salary

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As of September 2026, the average annual salary for employees at Mn Component Engineering Co in the United States is $97,231. This translates to an approximate hourly wage of $47. Salaries at Mn Component Engineering Co typically range from $85,441 to $110,038 annually, reflecting the diverse roles and experience levels within the company.
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Is Mn Component Engineering Co’s Pay Competitive? Salary Benchmarking Analysis

How does Mn Component Engineering Co'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
Beyaz & Patel Inc $94,679
-2.6%
Confirms Beyaz & Patel Inc is a direct competitor vying for the exact same talent pool.
Hadley Engineering Group Ltd $84,015
-13.6%
Hadley Engineering Group Ltd may offer non-monetary perks in lieu of competitive base salaries.
US Department of Interior $86,251
-11.3%
US Department of Interior likely leverages performance bonuses over the high base salary shown here.
Noboa Group LLC $85,534
-12.0%
Typical compensation structure for smaller regional agencies like Noboa Group LLC.
Business Services Industry $120,931
+24.4%
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 Mn Component Engineering Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Mn Component Engineering Co. Click a company name to learn more.

Employee Reviews: Working at Mn Component Engineering Co

Considering a career at Mn Component Engineering Co? 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.
Their customer service is exceptional. It’s a sustainable pace that allows for consistent high-quality work without sacrificing our well-being. It’s a forward-thinking and employee-centric place to grow a career. I feel recognized for my contributions here. I've personally seen junior employees' suggestions turn into company-wide initiatives.
Commented in April 28, 2025
15
1
Training and mentorship programs have helped me grow professionally. Management communicates organizational changes, though sometimes with delays. The company operates efficiently and has clear systems in place, which helps maintain order. Benefits are decent. The ethical standards and integrity of this company are top-notch. I’ve had the opportunity to work on high-impact projects with intelligen...
Commented in May 27, 2024
30
1
Employees receive average benefits, with limited flexibility in customizing plans. The work environment is diverse and inclusive, fostering collaboration and shared success. Impressive for such a large organization.
Commented in March 17, 2024
11
3

Mn Component Engineering Co Overview

Website
Data pending, update soon.
Founded In
1978
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
4645 Old Kent Rd Excelsior Minnesota MN 55331
Revenue
<$5 Million
Phone Number
+1 9524704191
Social Media
About Mn Component Engineering Co
Mn Component Engineering Co is a company that operates in the Mechanical or Industrial Engineering industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Excelsior, Minnesota.

What Benefits Does Mn Component Engineering Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mn Component Engineering Co 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Mn Component Engineering Co.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Mn Component Engineering Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Mn Component Engineering Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mn Component Engineering Co

1. What is the estimated average total compensation at Mn Component Engineering Co?

Salary.com estimates that the average total compensation package at Mn Component Engineering Co, which can include base salary, potential bonuses, and benefits, is around $97,231 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Mn Component Engineering Co pay compared to Beyaz & Patel Inc?

The average annual salary at Mn Component Engineering Co is $97,231, or an hourly wage of $47, in comparison to Beyaz & Patel Inc which pays $94,679 per year or $46 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Mn Component Engineering Co?

Salary progression from an entry-level to a senior role at Mn Component Engineering Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Mn Component Engineering Co in Minneapolis is fair given the local cost of living?

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

5. Are promotions at Mn Component Engineering Co usually accompanied by a significant salary increase?

Yes, promotions at Mn Component Engineering Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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