MPT Drives Inc Salary

As of September 2026, the average annual salary for employees at MPT Drives Inc in the United States is $89,099. This translates to an approximate hourly wage of $43. Salaries at MPT Drives Inc typically range from $78,486 to $100,551 annually, reflecting the diverse roles and experience levels within the company.
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Is MPT Drives Inc’s Pay Competitive? Salary Benchmarking Analysis

How does MPT Drives Inc'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
Texas Tank Works LLC $79,057
-11.3%
Texas Tank Works LLC may offer non-monetary perks in lieu of competitive base salaries.
Safe-T-Plus Co $87,538
-1.8%
Suggests Safe-T-Plus Co utilizes a highly similar base-plus-benefits compensation model.
EGAR Inc $86,040
-3.4%
EGAR Inc likely leverages performance bonuses over the high base salary shown here.
K-O Concepts Inc $82,338
-7.6%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+36.6%
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 MPT Drives Inc

Considering a career at MPT Drives Inc? 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.
Great leadership at the plant. If you value routine and simplicity, you’ll be comfortable here. It’s a great workplace for those seeking a supportive and collaborative manufacturing career. Leadership balances production demands with reasonable expectations, avoiding the burnout common in manufacturing.
Overall, the job is steady with few surprises. This focus on personal improvement is a significant benefit and helps keep the workforce skilled and motivated for new challenges. Training is comprehensive, and cross-department collaboration is strong. The work environment is professional but sometimes bureaucratic and resistant to change. There’s structure, but creativity and initiative aren’t emph...
Our shift supervisors are approachable and solution-oriented. Working here has been a fantastic experience. Communication from leadership is polite but often limited to essential updates. This variety ensures that every one can find a niche and develop specialized skills. The team atmosphere and culture make even tough days easier to handle.

MPT Drives Inc Overview

Website
www.mptdrives.com
Founded In
1959
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
950 E Mandoline Ave Madison Heights Michigan MI 48071
Revenue
<$5 Million
Phone Number
+1 2485859700
Social Media
About MPT Drives Inc
At MPT Drives, Inc., it is our policy to provide unique customer service, in that our experienced and knowledgeable staff can solve customer problems in a timely manner. We can do this because we are partners with both our suppliers and customers. We work as a team to promote our suppliers' quality products to meet our customers' needs. It is our goal to develop a lasting trust with our customers

What Benefits Does MPT Drives Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. MPT Drives Inc 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at MPT Drives Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from MPT Drives Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of MPT Drives Inc 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.

FAQs of MPT Drives Inc

1. What is the typical salary range (low to high) for most roles at MPT Drives Inc?

The typical annual salary range for most roles at MPT Drives Inc is approximately from $78,486 to $100,551. 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 MPT Drives Inc pay compared to Texas Tank Works LLC?

The average annual salary at MPT Drives Inc is $89,099, or an hourly wage of $43, in comparison to Texas Tank Works LLC which pays $79,057 per year or $38 per hour.

3. Do salaries differ significantly between departments at MPT Drives Inc?

Yes, salaries often differ between departments at MPT Drives Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at MPT Drives Inc?

Experience level is a significant factor in determining salary at MPT Drives Inc, 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.

5. How can I determine if a salary offer from MPT Drives Inc in Detroit is fair given the local cost of living?

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

6. What factors influence salary increases at MPT Drives Inc?

Salary increases at MPT Drives Inc 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.