| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Empire Coating Inc | $91,968 |
+0.2%
|
Confirms Empire Coating Inc is a direct competitor vying for the exact same talent pool. |
| Embassy Manufacturing Inc | $97,696 |
+6.4%
|
Driven by niche technical certifications required for Embassy Manufacturing Inc's specialized projects. |
| Infiniti Media Inc | $105,554 |
+15.0%
|
Influenced by prevailing union wage agreements specific to Infiniti Media Inc's sector. |
| Shepherd Caster | $90,533 |
-1.4%
|
Suggests Shepherd Caster utilizes a highly similar base-plus-benefits compensation model. |
| MFG Durable Industry | $121,746 |
+32.6%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$91,968 / year
Salary Range: $80,960 - $103,868
Albion, NY
$97,696 / year
Salary Range: $86,000 - $110,330
Westfield, MA
$105,554 / year
Salary Range: $92,946 - $119,171
Los Angeles, CA
$90,533 / year
Salary Range: $79,704 - $102,246
Saint Joseph, MI
$91,135 / year
Salary Range: $80,227 - $102,917
Wayland, MI
$95,196 / year
Salary Range: $83,800 - $107,514
Sterling Heights, MI
$97,390 / year
Salary Range: $85,734 - $109,989
Novi, MI
$97,390 / year
Salary Range: $85,734 - $109,989
Troy, MI
$88,529 / year
Salary Range: $77,936 - $99,978
Leroy, MI
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $800 - $1,500+ (Highly variable) | A significant portion of Modern Suspension Systems salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (DDOT/SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,130 - $3,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Modern Suspension Systems is approximately $91,810. However, this is an aggregate figure, actual salaries can range significantly, typically from $80,822 to $103,685, depending on factors like job role, experience, and location.
The average annual salary at Modern Suspension Systems is $91,810, or an hourly wage of $44, in comparison to Empire Coating Inc which pays $91,968 per year or $44 per hour.
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 Modern Suspension Systems for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Modern Suspension Systems, 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.
Most companies, likely including Modern Suspension Systems, 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.
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